Form D · Venture Capital Fund

NLV PROOF II BI, LLC

Arlington, VA · CIK 0001852875

Offering snapshot reported Dec 16, 2024 · SEC filing

Reported sold
$1.02M
Offering amount: $1.02M
Investors reported
7
Form D · investor count
Minimum accepted
$0
Reported outside-investor minimum
First sale
Dec 9, 2024
As reported in this filing

What changed?

Latest filing versus its linked predecessor, where available.

No comparable changes in the displayed metrics.

Filing history

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FiledFiling typeReported soldChange vs linked filingInvestorsSource
Dec 16, 2024Initial$1,020,500No comparison7SEC filing
Mar 24, 2021Initial$7,753,564No comparison40SEC filing

Offering details

Securities
Pooled investment fund
Exemptions
06b, 3C, 3C.1
Duration over one year
No
Business combination
No
Sales commissions
$0
Finders' fees
$0
Form D file number
021-532208

Source: Form D, filed Dec 16, 2024. Minimum accepted may differ from a standard advertised minimum.

Fund connections

The linked fund shows its most recently reported ADV details.

Matched by reported Form D file number

NLV PROOF II BI, LLC

Investment adviser: PROOF MANAGEMENT, LLC

Gross asset value
$5.42M
Beneficial owners
87
ADV minimum commitment
$25K

Reported in Form ADV on Mar 30, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator CARTA INVESTORS SERVICES, INC. SAN FRANCISCO, California, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Custodian SILICON VALLEY BANK SANTA CLARA, California, United States Related to adviser: No
Provider details
Annual audit
No
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No
Filing source

Form ADV 2056928 · Mar 30, 2026 · Schedule D 7.B.(1), fund 805-6465345253

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

People & organizations

Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.

People and organizations reported in Form D filings
NameReported role
John C Backus, Jr. Director
John F Burke Director
Thanasis Delistathis Director
None Proof Management, Llc Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
1550 Crystal Drive Suite 430
Arlington, VA, 22202