Proof II Tli, LLC is a venture capital fund based in Reston, Virginia. According to its most recent Form D, filed Oct 25, 2021, it has sold $6,208,219 of interests to 39 investors since its first sale in Oct 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 Burke.
- Total raised
- $6,208,219Cumulative sales reported on Form D
- Investors
- 39
- First sale
- Oct 11, 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 Burke
- Latest Form D
- Oct 25, 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 Tli, LLC
What is the minimum investment for Proof II Tli, LLC?
Proof II Tli, LLC's latest Form D, filed Oct 25, 2021, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Proof II Tli, LLC?
Proof II Tli, 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 Tli, LLC raised?
Proof II Tli, LLC reports $6,208,219 sold from 39 investors on its Form D filed Oct 25, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is Proof II Tli, LLC based?
Proof II Tli, LLC is based in Reston, Virginia.
When did Proof II Tli, LLC launch?
Proof II Tli, LLC reports its first sale in Oct 2021.
Size compared with every venture capital fund
Raised more than 86% of the 140 venture capital funds based in Virginia, and more than 84% of all 14,840 that report sales.