Proof II Ssi, LLC is a venture capital fund based in Reston, Virginia. According to its most recent Form D, filed Mar 28, 2022, it has sold $4,411,724 of interests to 14 investors since its first sale in Nov 2021. 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; Thanasis Delistathis; John Backus Jr.
- Total raised
- $4,411,724Cumulative sales reported on Form D
- Investors
- 14
- First sale
- Nov 5, 2021
- 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; Thanasis Delistathis; John Backus Jr
- Latest Form D
- Mar 28, 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 Ssi, LLC
What is the minimum investment for Proof II Ssi, LLC?
Proof II Ssi, LLC's latest Form D, filed Mar 28, 2022, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Proof II Ssi, LLC?
Proof II Ssi, 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 Ssi, LLC raised?
Proof II Ssi, LLC reports $4,411,724 sold from 14 investors on its Form D filed Mar 28, 2022. This is cumulative sales since the offering began, not current assets or performance.
Where is Proof II Ssi, LLC based?
Proof II Ssi, LLC is based in Reston, Virginia.
When did Proof II Ssi, LLC launch?
Proof II Ssi, LLC reports its first sale in Nov 2021.
Size compared with every venture capital fund
Raised more than 81% of the 140 venture capital funds based in Virginia, and more than 80% of all 14,840 that report sales.