Proof III Vdm LLC
Proof III Vdm LLC is a venture capital fund based in Reston, Delaware. According to its most recent Form D, filed Aug 24, 2022, it has sold $3,835,521 of interests to 31 investors since its first sale in Aug 2022. 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; Jennifer Schretter; None Proof Management, LLC.
- Total raised
- $3,835,521Cumulative sales reported on Form D
- Investors
- 31
- First sale
- Aug 16, 2022
- 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; Jennifer Schretter; None Proof Management, LLC
- Latest Form D
- Aug 24, 2022
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 Vdm LLC
What is the minimum investment for Proof III Vdm LLC?
Proof III Vdm LLC's latest Form D, filed Aug 24, 2022, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Proof III Vdm LLC?
Proof III Vdm 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 Vdm LLC raised?
Proof III Vdm LLC reports $3,835,521 sold from 31 investors on its Form D filed Aug 24, 2022. This is cumulative sales since the offering began, not current assets or performance.
Where is Proof III Vdm LLC based?
Proof III Vdm LLC is based in Reston, Delaware.
When did Proof III Vdm LLC launch?
Proof III Vdm LLC reports its first sale in Aug 2022.
Size compared with every venture capital fund
Raised more than 91% of the 4,670 venture capital funds based in Delaware, and more than 79% of all 14,835 that report sales.