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Primary Source · SEC.gov

EquityZen Growth Technology Fund LLC - Series 196

CIK 0001720390Single-Deal SPV2018 vintage506(b), 3(c)(1)
EquityZenFull Review

Raised

$487K

Investors

22

Min Invest

$9,454

AltStreet Analysis

·

Generated from EDGAR primary sources

EquityZen Growth Technology Fund LLC - Series 196 is a Delaware pooled investment fund filed by EquityZen Advisors LLC that raised $487K from 22 investors under Rule 506(b) and Section 3(c)(1). The minimum investment was $9K. This is one of approximately 150 related entities operating under the EquityZen private equity platform, which typically structures series-based SPVs for secondary market access to private company shares.

This filing represents a small-scale private equity vehicle typical of EquityZen's series SPV structure, with a sub-$10K minimum investment that is significantly lower than traditional private equity funds. The 506(b) exemption and 3(c)(1) registration exemption limit the fund to 99 beneficial owners and restrict general solicitation, which is standard for pre-2013 private fund structures and remains common for relationship-driven platforms.

Data Flags

investor_count22 investors contributing $487K results in an average check size of approximately $22K, indicating relatively small individual commitments for a private equity vehicle
first_sale_dateFirst sale date not disclosed in filing, preventing verification of vintage year or assessment of filing timeliness

EDGAR Filing Data

Form D — Primary Source

View on SEC.gov
CIK Number0001720390
Entity NameEquityZen Growth Technology Fund LLC - Series 196
Exemption506(b), 3(c)(1)
First Sale Date—
Filing DateFebruary 21, 2018
Accession Number0001729352-18-000004
Total Amount Sold$487K
Total Investors22
Minimum Investment$9,454
Securities TypeEquity, Pooled Investment Fund
State of IncorporationNot specified
Amendment CountOriginal filing only

Related Persons (Form D)

Executive officers, directors, and promoters listed on the SEC Form D filing. Source: SEC.gov.

EquityZen Advisors LLC

Executive Officer, Director · New York, NY

Richard Thoms

Executive Officer · Salt Lake City, UT

Assure Fund Management II LLC

Director · Salt Lake City, UT

Shriram Bhashyam

Executive Officer, Director · New York, NY

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Data Methodology

Capital raise figures, investor counts, and filing dates are sourced directly from SEC EDGAR Form D primary documents via the SEC EDGAR submissions API and full-text search index. AltStreet analysis (summaries, flags, category context) is generated by Claude from this primary source data and reviewed for accuracy. Platform-provided information (if present) is clearly labeled and does not affect EDGAR data or AltStreet editorial coverage. EDGAR data is verified read-only — platforms may request factual corrections for demonstrable inaccuracies by contacting research@altstreet.investments. This page does not constitute investment advice.