Form D · Venture Capital Fund

PROOF Fund, L.P.

Reston, VA · CIK 0001635017

Offering snapshot reported May 8, 2018 · SEC filing

Reported sold: $18.7M
Investors reported: 44
Minimum accepted: $0
First sale: Aug 31, 2016

Fundraising history

Reported sold

Dates are filing dates, not cash receipt dates. Decreases are reported revisions, not evidence of withdrawals. Separate offering histories are not added together.

What changed?

Latest filing versus its linked predecessor, where available.

Reported sold$12,755,102 → $18,673,469
Reported investors30 → 44

Filing history

Scroll to see all columns →

Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
May 8, 2018	Amendment	$18,673,469	$5,918,367vs Sep 8, 2016	44	SEC filing
Sep 8, 2016	Initial	$12,755,102	No comparison	30	SEC filing

Offering details

Securities: Pooled investment fund
Exemptions: 06b, 3C.7
Duration over one year: Yes
Business combination: No

Sales commissions: $0
Finders' fees: $0
Form D file number: 021-270321

Source: Form D, filed May 8, 2018. 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

PROOF FUND, L.P.

Investment adviser: PROOF MANAGEMENT, LLC

Gross asset value: $37.1M
Beneficial owners: 47
ADV minimum commitment: $100K

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

Auditor RSM US LLP BLUE BELL, Pennsylvania, United States

Custodian SILICON VALLEY BANK SANTA CLARA, California, United States Related to adviser: No

Prime broker MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED NEW YORK, New York, United States

Prime broker MORGAN STANLEY & CO. LLC MENLO PARK, California, United States

Prime broker RAYMOND JAMES & ASSOCIATES, INC. ST PETERSBURG, Florida, United States

Provider details

Annual audit: Yes
Prime brokers: Yes
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

RSM US LLP
PCAOB 49

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
CRD 7691 · SEC 8-7221

MORGAN STANLEY & CO. LLC
CRD 8209 · SEC 8-15869

RAYMOND JAMES & ASSOCIATES, INC.
CRD 705 · SEC 8-10999

Filing source

Form ADV 2056928 · Mar 30, 2026 · Schedule D 7.B.(1), fund 805-6781281957

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

Related funds

Funds whose names form a numbered series with this one and that share its city or the name of a related person. Form D does not state how these funds are related.

Fund	Latest Form D	Reported sold	Investors
PROOF Fund, L.P. (this fund)	May 8, 2018	$18,673,469	44
PROOF Fund II, LP	Dec 29, 2020	$109,630,673	171
PROOF Fund III, LP	May 31, 2023	$123,854,692	185
PROOF Fund IV, LP	Jul 2, 2025	$27,066,327	29

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
Name	Reported role
John Backus	Director
John Burke	Director
Thanasis Delistathis	Director
None Proof Gp, Llc	Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

11911 Freedom Drive, Suite 1080
Reston, VA, 20190