VCP Proof C1, LLC is a venture capital fund based in Reston, Virginia. According to its most recent Form D, filed Nov 22, 2021, it has sold $3,643,667 of interests to 42 investors since its first sale in Nov 2021. 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 John Backus Jr; Thanasis Delistathis; none PROOF GP, LLC.
- Total raised
- $3,643,667Cumulative sales reported on Form D
- Investors
- 42
- First sale
- Nov 12, 2021
- 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
- John Backus Jr; Thanasis Delistathis; none PROOF GP, LLC
- Latest Form D
- Nov 22, 2021
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 VCP Proof C1, LLC
What is the minimum investment for VCP Proof C1, LLC?
VCP Proof C1, LLC's latest Form D, filed Nov 22, 2021, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in VCP Proof C1, LLC?
VCP Proof C1, 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 VCP Proof C1, LLC raised?
VCP Proof C1, LLC reports $3,643,667 sold from 42 investors on its Form D filed Nov 22, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is VCP Proof C1, LLC based?
VCP Proof C1, LLC is based in Reston, Virginia.
When did VCP Proof C1, LLC launch?
VCP Proof C1, LLC reports its first sale in Nov 2021.
Size compared with every venture capital fund
Raised more than 80% of the 138 venture capital funds based in Virginia, and more than 78% of all 14,732 that report sales.