Proof III C8qp LLC is a venture capital fund based in Reston, Virginia. According to its most recent Form D, filed Apr 1, 2024, it has sold $633,613 of interests to 8 investors since its first sale in Mar 2024. 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 Bryan Ciambella; Jennifer Schretter; None Proof Management LLC.
- Total raised
- $633,613Cumulative sales reported on Form D
- Investors
- 8
- First sale
- Mar 27, 2024
- 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
- Bryan Ciambella; Jennifer Schretter; None Proof Management LLC
- Latest Form D
- Apr 1, 2024
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 III C8qp LLC
What is the minimum investment for Proof III C8qp LLC?
Proof III C8qp LLC's latest Form D, filed Apr 1, 2024, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Proof III C8qp LLC?
Proof III C8qp 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 III C8qp LLC raised?
Proof III C8qp LLC reports $633,613 sold from 8 investors on its Form D filed Apr 1, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is Proof III C8qp LLC based?
Proof III C8qp LLC is based in Reston, Virginia.
When did Proof III C8qp LLC launch?
Proof III C8qp LLC reports its first sale in Mar 2024.
Size compared with every venture capital fund
Raised more than 40% of the 140 venture capital funds based in Virginia, and more than 53% of all 14,840 that report sales.