Proof II Vmqp, LLC is a venture capital fund based in Reston, Virginia. According to its most recent Form D, filed Aug 27, 2021, it has sold $7,409,328 of interests to 21 investors since its first sale in Aug 2021. The filing does not set a minimum investment. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Thanasis Delistathis; John Backus, Jr; John Burke.
- Total raised
- $7,409,328Cumulative sales reported on Form D
- Investors
- 21
- First sale
- Aug 19, 2021
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Thanasis Delistathis; John Backus, Jr; John Burke
- Latest Form D
- Aug 27, 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 Vmqp, LLC
What is the minimum investment for Proof II Vmqp, LLC?
Proof II Vmqp, LLC's latest Form D, filed Aug 27, 2021, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Proof II Vmqp, LLC?
Proof II Vmqp, LLC is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.
How much has Proof II Vmqp, LLC raised?
Proof II Vmqp, LLC reports $7,409,328 sold from 21 investors on its Form D filed Aug 27, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is Proof II Vmqp, LLC based?
Proof II Vmqp, LLC is based in Reston, Virginia.
When did Proof II Vmqp, LLC launch?
Proof II Vmqp, LLC reports its first sale in Aug 2021.
Size compared with every venture capital fund
Raised more than 86% of the 140 venture capital funds based in Virginia, and more than 85% of all 14,840 that report sales.