Proof III Zcsi LLC is a venture capital fund based in Reston, Virginia. According to its most recent Form D, filed May 31, 2024, it has sold $2,592,341 of interests to 18 investors since its first sale in May 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 None Proof Management LLC; John Backus Jr; Jennifer Schretter.
- Total raised
- $2,592,341Cumulative sales reported on Form D
- Investors
- 18
- First sale
- May 17, 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
- None Proof Management LLC; John Backus Jr; Jennifer Schretter
- Latest Form D
- May 31, 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 Zcsi LLC
What is the minimum investment for Proof III Zcsi LLC?
Proof III Zcsi LLC's latest Form D, filed May 31, 2024, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Proof III Zcsi LLC?
Proof III Zcsi 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 Zcsi LLC raised?
Proof III Zcsi LLC reports $2,592,341 sold from 18 investors on its Form D filed May 31, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is Proof III Zcsi LLC based?
Proof III Zcsi LLC is based in Reston, Virginia.
When did Proof III Zcsi LLC launch?
Proof III Zcsi LLC reports its first sale in May 2024.
Size compared with every venture capital fund
Raised more than 73% of the 140 venture capital funds based in Virginia, and more than 75% of all 14,800 that report sales.