Type One Proxima LLC is a venture capital fund based in Malibu, California. According to its most recent Form D, filed Nov 21, 2024, it has sold $12,000,000 of interests to 1 investor since its first sale in Nov 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. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Tarek Waked; Abdo Hajj.
- Total raised
- $12,000,000Cumulative sales reported on Form D
- Investors
- 1
- First sale
- Nov 18, 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
- Tarek Waked; Abdo Hajj
- Latest Form D
- Nov 21, 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 Type One Proxima LLC
What is the minimum investment for Type One Proxima LLC?
Type One Proxima LLC's latest Form D, filed Nov 21, 2024, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Type One Proxima LLC?
Type One Proxima 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 Type One Proxima LLC raised?
Type One Proxima LLC reports $12,000,000 sold from 1 investor on its Form D filed Nov 21, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is Type One Proxima LLC based?
Type One Proxima LLC is based in Malibu, California and is managed by Type One Management.
When did Type One Proxima LLC launch?
Type One Proxima LLC reports its first sale in Nov 2024, 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 77% of the 2,268 venture capital funds based in California, and more than 89% of all 15,160 that report sales.