Proximity Quest I, LLC
What matters now
- $40Msold at the filing
Latest Form D filed on 14 May 2026: $40M sold of $40M offered, 39 investors. A Form D amount is what was sold at the filing, never a final close.
A new or amended Form D means the vehicle is taking money now.
- 1 agentplacement
1 placement agent named on the vehicle's Form D filings.
A placement agent means the vehicle is marketed to outside LPs.
Amounts, each with its basis
- Vintage
- 2026basis: form d first sale
- Target
- unknownnot announced
- First close
- unknownnever inferred from a Form D
- Final close
- unknownonly from an announcement or an LP disclosure
- Announced size
- unknown
- Form D offering
- $40.0Mwhat may be sold, not what was raised; file 021-584083, sworn by the adviser or filed under this vehicle
- Form D sold
- $40.0Mas of the filing of May 14, 2026, 39 investors
- First sale
- May 6, 2026
- Reported GAV
- unknown
- Owners (ADV)
- unknown
- Reported on ADV
- unknown
Fundraising evidence
What counts as raisingA Form D offering is permission to sell, not a fund in market; an amount sold is never a close; an evergreen offering amended every year is not a raise.Lifecycle
Newly closed
Lifecycle
The fund's own reporting through time
Principals and agents
- Sirni Neil Executive Officer
- Proximity Quest I MM, LLC Executive Officer
- Proximity Ventures Management Co., LLC Executive Officer
- J.P. Morgan Securities LLC placement agent
Service providers
Limited partners and their reported performance
Whose numbers these areEach row is the LP’s own number: its cash flows and its valuation policy as of its reporting date, not the fund’s. Net IRR is printed only when the LP prints one. The vintage is the LP’s definition (CalPERS: year of its first cash flow; WSIB: year of its initial investment).Known LPs and allocators
What these amounts and dates areA commitment date prints only when the source printed one; otherwise the row carries the date of the report that listed it. A foundation’s 990-PF line is a holding at fair value on its return, never a commitment.Investments attributed to this vehicle
Timeline
- May 14, 2026Proximity Quest I, LLC filed Form D: $39,999,990 sold of $39,999,990, Venture Capital FundForm D filed Fact Form D
Evidence
Every observation on this vehicle
- Entity type: Limited Liability Company May 14, 2026 Fact Form D
- Form D fund type: Venture Capital Fund May 14, 2026 Fact Form D
- Form D industry group: Pooled Investment Fund May 14, 2026 Fact Form D
- Amendment: false May 14, 2026 Fact Form D
- Revenue range (Form D): Not Applicable May 14, 2026 Fact Form D
- Incorporated: withinFiveYears May 14, 2026 Fact Form D
- Jurisdiction: Delaware May 14, 2026 Fact Form D
- Amount sold (Form D): $40.0M May 14, 2026 Fact Form D
- Offering amount (Form D): $40.0M May 14, 2026 Fact Form D
- Exemptions: 06b, 3C, 3C.1, 3C.7 May 14, 2026 Fact Form D
- First sale: 2026-05-06 May 14, 2026 Fact Form D
- Investors (Form D): 39 May 14, 2026 Fact Form D
- Minimum investment (Form D): 0 May 14, 2026 Fact Form D
- Securities offered: pooled May 14, 2026 Fact Form D
- Office address: May 14, 2026 Fact Form D
- Year of incorporation: 2026 May 14, 2026 Fact Form D
Record history
- Form D filed2026-05-14source on record
The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.