Proof Avc2, LLC is a venture capital fund based in Reston, Virginia. According to its most recent Form D, filed Apr 16, 2024, it has sold $643,750 of interests to 17 investors since its first sale in Apr 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 Thanasis Delistathis; none PROOF GP, LLC; John Backus, Jr.
- Total raised
- $643,750Cumulative sales reported on Form D
- Investors
- 17
- First sale
- Apr 11, 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
- Thanasis Delistathis; none PROOF GP, LLC; John Backus, Jr
- Latest Form D
- Apr 16, 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 Avc2, LLC
What is the minimum investment for Proof Avc2, LLC?
Proof Avc2, LLC's latest Form D, filed Apr 16, 2024, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Proof Avc2, LLC?
Proof Avc2, 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 Avc2, LLC raised?
Proof Avc2, LLC reports $643,750 sold from 17 investors on its Form D filed Apr 16, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is Proof Avc2, LLC based?
Proof Avc2, LLC is based in Reston, Virginia.
When did Proof Avc2, LLC launch?
Proof Avc2, LLC reports its first sale in Apr 2024.
Size compared with every venture capital fund
Raised more than 41% of the 138 venture capital funds based in Virginia, and more than 54% of all 14,732 that report sales.