AltMountain

Proof III, LLC

Organized in Delaware, United States · Advised by Proof · Private fund ID 805-9738587563
Venture capital fund

Proof III, LLC is a venture capital fund organized in Delaware, United States and advised by Proof. Its adviser reported $0 in gross assets for the fund on Form ADV, filed Mar 13, 2024. It reported 2 beneficial owners. The minimum investment it accepts is $25,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors.

Gross assets
$0As reported on Form ADV
Beneficial owners
2
Minimum investment
$25,000
Who can invest
Accredited investorsSection 3(c)(1): up to 100 owners
Fund type
Venture capital fund
Domicile
Delaware, United States
Administrator
Carta Investors Services, Inc.
Custodian
Silicon Valley Bank
Adviser
Proof · Reston, VA · CRD 285482
Reported on
Mar 13, 2024Adviser's Form ADV

From SEC filings, not verified. This information is republished from the adviser's Form ADV (Schedule D, Section 7.B.(1)) in the SEC's public Form ADV data, which currently runs through filings made by Dec 26, 2024. Figures are as of the adviser's filing and may have changed since. It is not an offer, solicitation or recommendation, AltMountain has not reviewed the fund, and gross assets are not performance. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction

Questions about Proof III, LLC

What is the minimum investment for Proof III, LLC?

According to its adviser's Form ADV filed Mar 13, 2024, the minimum investment Proof III, LLC accepts is $25,000.

Who can invest in Proof III, LLC?

Proof III, 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).

How large is Proof III, LLC?

Its adviser reported $0 in gross assets on Form ADV filed Mar 13, 2024. Gross assets include borrowed money and are not the same as net assets or performance.

Who manages Proof III, LLC?

Proof III, LLC is advised by Proof, based in Reston, VA.

Who are Proof III, LLC's service providers?

Its Form ADV lists Carta Investors Services, Inc. as administrator.

Other funds advised by Proof