Proof III Tsi LLC is a venture capital fund based in Reston, Virginia. According to its most recent Form D, filed Jun 17, 2024, it has sold $544,294 of interests to 8 investors since its first sale in Jun 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 Thanasis Delistathis; None Proof Management LLC; John Backus Jr.
- Total raised
- $544,294Cumulative sales reported on Form D
- Investors
- 8
- First sale
- Jun 13, 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
- Thanasis Delistathis; None Proof Management LLC; John Backus Jr
- Latest Form D
- Jun 17, 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 Tsi LLC
What is the minimum investment for Proof III Tsi LLC?
Proof III Tsi LLC's latest Form D, filed Jun 17, 2024, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Proof III Tsi LLC?
Proof III Tsi 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 Tsi LLC raised?
Proof III Tsi LLC reports $544,294 sold from 8 investors on its Form D filed Jun 17, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is Proof III Tsi LLC based?
Proof III Tsi LLC is based in Reston, Virginia.
When did Proof III Tsi LLC launch?
Proof III Tsi LLC reports its first sale in Jun 2024.
Size compared with every venture capital fund
Raised more than 39% of the 140 venture capital funds based in Virginia, and more than 51% of all 14,840 that report sales.