Proof IV Gxai LLC is a venture capital fund based in Arlington, Virginia. According to its most recent Form D, filed Nov 13, 2025, it has sold $420,000 of interests to 5 investors since its first sale in Oct 2025. 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. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include none PROOF MANAGEMENT, LLC; John Backus, Jr; Thanasis Delistathis.
- Total raised
- $420,000Cumulative sales reported on Form D
- Investors
- 5
- First sale
- Oct 31, 2025
- 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; Thanasis Delistathis
- Latest Form D
- Nov 13, 2025
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 IV Gxai LLC
What is the minimum investment for Proof IV Gxai LLC?
Proof IV Gxai LLC's latest Form D, filed Nov 13, 2025, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Proof IV Gxai LLC?
Proof IV Gxai 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 IV Gxai LLC raised?
Proof IV Gxai LLC reports $420,000 sold from 5 investors on its Form D filed Nov 13, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is Proof IV Gxai LLC based?
Proof IV Gxai LLC is based in Arlington, Virginia.
When did Proof IV Gxai LLC launch?
Proof IV Gxai LLC reports its first sale in Oct 2025, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every venture capital fund
Raised more than 32% of the 142 venture capital funds based in Virginia, and more than 45% of all 15,160 that report sales.