Proof Jp, LLC is a venture capital fund based in Reston, Virginia. According to its most recent Form D, filed Nov 22, 2021, it has sold $1,261,750 of interests to 14 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 none PROOF GP, LLC; Thanasis Delistathis; John Backus Jr.
- Total raised
- $1,261,750Cumulative sales reported on Form D
- Investors
- 14
- 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
- none PROOF GP, LLC; Thanasis Delistathis; John Backus Jr
- 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 Proof Jp, LLC
What is the minimum investment for Proof Jp, LLC?
Proof Jp, 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 Proof Jp, LLC?
Proof Jp, 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 Jp, LLC raised?
Proof Jp, LLC reports $1,261,750 sold from 14 investors on its Form D filed Nov 22, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is Proof Jp, LLC based?
Proof Jp, LLC is based in Reston, Virginia.
When did Proof Jp, LLC launch?
Proof Jp, LLC reports its first sale in Nov 2021.
Size compared with every venture capital fund
Raised more than 59% of the 138 venture capital funds based in Virginia, and more than 65% of all 14,732 that report sales.