EDGAR Verified
Primary Source · SEC.gov

EquityZen Growth Technology Fund LLC - Series 1238

CIK 0001902763Single-Deal SPV2022 vintage506(b), 3(c)(1)

Raised

$930K

Investors

39

Min Invest

$10,000

AltStreet Analysis

·

Generated from EDGAR primary sources

EquityZen Growth Technology Fund LLC - Series 1238 is a Delaware pre-IPO pooled investment vehicle filed by EquityZen Advisors LLC and related parties, raising $930K from 39 investors with a $10K minimum investment under Rule 506(b) and Section 3(c)(1). This amended filing is part of the EquityZen platform, which operates 1,889 related EDGAR entities providing secondary liquidity for private company shares.

This is a typical pre-IPO fund exemption structure combining 506(b) private placement with 3(c)(1) Investment Company Act exclusion, common for secondary market platforms. The $10K minimum investment represents a retail-accessible tier compared to traditional pre-IPO vehicles that often require $100K+ minimums, consistent with EquityZen's democratized access model.

Data Flags

generalHigh investor count relative to capital raised: 39 investors contributing $930K averages approximately $23.8K per investor, indicating broad retail participation

EDGAR Filing Data

Form D — Primary Source

View on SEC.gov
CIK Number0001902763
Entity NameEquityZen Growth Technology Fund LLC - Series 1238
Exemption506(b), 3(c)(1)
First Sale Date
Filing DateApril 6, 2022
Accession Number0001902763-22-000002
Total Amount Sold$930K
Total Investors39
Minimum Investment$10,000
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

Philip Haslett

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. EDGAR entity profiles and deal-level data are reviewed by AltStreet analysts with backgrounds in corporate finance and securities law — cross-referenced against offering circulars, audited financial statements, and primary regulatory filings before publication. Platform-provided information, where present, is clearly labeled and does not affect EDGAR data or AltStreet editorial coverage. Platforms may request factual corrections for demonstrable inaccuracies by contacting [email protected]. This page does not constitute investment advice.