Proof Zli, LLC is a venture capital fund based in Arlington, Virginia. According to its most recent Form D, filed Dec 22, 2025, it has sold $2,555,300 of interests to 17 investors since its first sale in Dec 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 GP, LLC; John Burke; Thanasis Delistathis.
- Total raised
- $2,555,300Cumulative sales reported on Form D
- Investors
- 17
- First sale
- Dec 18, 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 GP, LLC; John Burke; Thanasis Delistathis
- Latest Form D
- Dec 22, 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 Zli, LLC
What is the minimum investment for Proof Zli, LLC?
Proof Zli, LLC's latest Form D, filed Dec 22, 2025, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Proof Zli, LLC?
Proof Zli, 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 Zli, LLC raised?
Proof Zli, LLC reports $2,555,300 sold from 17 investors on its Form D filed Dec 22, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is Proof Zli, LLC based?
Proof Zli, LLC is based in Arlington, Virginia.
When did Proof Zli, LLC launch?
Proof Zli, LLC reports its first sale in Dec 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 71% of the 142 venture capital funds based in Virginia, and more than 75% of all 15,160 that report sales.