Proof II VI, LLC is a venture capital fund based in Reston, Virginia. According to its most recent Form D, filed Dec 4, 2023, it has sold $6,702,500 of interests to 53 investors since its first sale in Nov 2023. 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 John Backus Jr; John Burke; Thanasis Delistathis.
- Total raised
- $6,702,500Cumulative sales reported on Form D
- Investors
- 53
- First sale
- Nov 28, 2023
- 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
- John Backus Jr; John Burke; Thanasis Delistathis
- Latest Form D
- Dec 4, 2023
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 VI, LLC
What is the minimum investment for Proof II VI, LLC?
Proof II VI, LLC's latest Form D, filed Dec 4, 2023, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Proof II VI, LLC?
Proof II VI, 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 VI, LLC raised?
Proof II VI, LLC reports $6,702,500 sold from 53 investors on its Form D filed Dec 4, 2023. This is cumulative sales since the offering began, not current assets or performance.
Where is Proof II VI, LLC based?
Proof II VI, LLC is based in Reston, Virginia.
When did Proof II VI, LLC launch?
Proof II VI, LLC reports its first sale in Nov 2023.
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.