Proof II Tbp, LLC is a venture capital fund based in Reston, Virginia. According to its most recent Form D, filed Jul 23, 2021, it has sold $1,057,364 of interests to 29 investors since its first sale in Jul 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; John Burke; Thanasis Delistathis.
- Total raised
- $1,057,364Cumulative sales reported on Form D
- Investors
- 29
- First sale
- Jul 16, 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; John Burke; Thanasis Delistathis
- Latest Form D
- Jul 23, 2021
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 Tbp, LLC
What is the minimum investment for Proof II Tbp, LLC?
Proof II Tbp, LLC's latest Form D, filed Jul 23, 2021, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Proof II Tbp, LLC?
Proof II Tbp, 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 Tbp, LLC raised?
Proof II Tbp, LLC reports $1,057,364 sold from 29 investors on its Form D filed Jul 23, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is Proof II Tbp, LLC based?
Proof II Tbp, LLC is based in Reston, Virginia.
When did Proof II Tbp, LLC launch?
Proof II Tbp, LLC reports its first sale in Jul 2021.
Size compared with every venture capital fund
Raised more than 54% of the 140 venture capital funds based in Virginia, and more than 62% of all 14,840 that report sales.