Proof III Cpiq LLC is a venture capital fund based in Reston, Virginia. According to its most recent Form D, filed Aug 19, 2024, it has sold $818,250 of interests to 11 investors since its first sale in Aug 2024. 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 Bryan Ciambella; Thanasis Delistathis; Jennifer Schretter.
- Total raised
- $818,250Cumulative sales reported on Form D
- Investors
- 11
- First sale
- Aug 8, 2024
- 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
- Bryan Ciambella; Thanasis Delistathis; Jennifer Schretter
- Latest Form D
- Aug 19, 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 Cpiq LLC
What is the minimum investment for Proof III Cpiq LLC?
Proof III Cpiq LLC's latest Form D, filed Aug 19, 2024, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Proof III Cpiq LLC?
Proof III Cpiq 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 III Cpiq LLC raised?
Proof III Cpiq LLC reports $818,250 sold from 11 investors on its Form D filed Aug 19, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is Proof III Cpiq LLC based?
Proof III Cpiq LLC is based in Reston, Virginia.
When did Proof III Cpiq LLC launch?
Proof III Cpiq LLC reports its first sale in Aug 2024.
Size compared with every venture capital fund
Raised more than 44% of the 140 venture capital funds based in Virginia, and more than 57% of all 14,829 that report sales.