Proof II Ots2, LLC is a venture capital fund based in Reston, Virginia. According to its most recent Form D, filed Aug 4, 2022, it has sold $2,354,511 of interests to 19 investors since its first sale in Jul 2022. The filing does not set a minimum investment. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include none PROOF Management, LLC; John Burke; John Backus Jr.
- Total raised
- $2,354,511Cumulative sales reported on Form D
- Investors
- 19
- First sale
- Jul 26, 2022
- Minimum investment
- None set
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- none PROOF Management, LLC; John Burke; John Backus Jr
- Latest Form D
- Aug 4, 2022
From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about Proof II Ots2, LLC
What is the minimum investment for Proof II Ots2, LLC?
Proof II Ots2, LLC's latest Form D, filed Aug 4, 2022, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Proof II Ots2, LLC?
Proof II Ots2, LLC is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1). It uses Rule 506(b), which does not allow general advertising.
How much has Proof II Ots2, LLC raised?
Proof II Ots2, LLC reports $2,354,511 sold from 19 investors on its Form D filed Aug 4, 2022. This is cumulative sales since the offering began, not current assets or performance.
Where is Proof II Ots2, LLC based?
Proof II Ots2, LLC is based in Reston, Virginia.
When did Proof II Ots2, LLC launch?
Proof II Ots2, LLC reports its first sale in Jul 2022.
Size compared with every venture capital fund
Raised more than 71% of the 140 venture capital funds based in Virginia, and more than 73% of all 14,835 that report sales.