Proof fund raises $18.6 mln toward target

By Alastair Goldfisher — 1 month ago

Reston, Virginia-based Proof has raised more than $18.6 million toward a targeted $100 million fund, according to a regulatory filing. The filing reports the commitments to date have come from 44 investors. The fund, co-founded by John Backus, John Burke and Thanasis Delistathis, teams up with early-stage firms to support their pro-rata investments in subsequent rounds of their portfolio companies. Investments include Beyond Meat, Casper and Signifyd, among others.

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PCF makes four acquisitions

By Iris Dorbian — 2 months ago

Woodland Hills, California-based Peter C. Foy & Associates Insurance Services LLC, which is backed by BHMS and Madison Capital, has made four acquisitions: R.L. Milsner, Inc. Insurance Brokerage, Senex Insurance Services, Inc, Stratton Agency and Clark & Associates of Nevada Inc. No financial terms were disclosed.

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Parade Ventures aims to march toward $25 mln target

By Alastair Goldfisher — 2 months ago

Los Gatos, California-based Parade Ventures has filed to raise $25 million for its inaugural fund, according to a regulatory filing. The firm is led by Shawn Merani, an angel investor and a co-founder and partner at Flight Ventures. Merani was an investor in Dollar Shave Club and Cruise Automation, according to his AngelList profile. Parade’s website at www.parade.vc features only a landing page.

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