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EDGAR Verified
Primary Source · SEC.gov

Hiive SpaceX Series 1 a Series of Hiive SpaceX LLC

CIK 0002021540Single-Deal SPV2024 vintage506(b), 3(c)(1)
HiiveFull Review

Raised

$6M

Investors

59

Min Invest

$0

AltStreet Analysis

·

Generated from EDGAR primary sources

Hiive SpaceX Series 1, a series of Hiive SpaceX LLC, filed a Form D on May 1, 2024, reporting $5.5M raised from 59 investors under Rule 506(b) and Section 3(c)(1). The offering has no stated minimum investment and is structured as a pooled investment fund. This entity is part of the Hiive platform, which operates 69 related EDGAR entities focused on private equity investments.

This 506(b) pooled investment fund with no minimum investment and 59 investors represents a highly accessible private equity structure, likely targeting a broad base of accredited investors. The average check size of approximately $93K per investor is significantly lower than typical institutional private equity vehicles, indicating a retail-oriented distribution model within the accredited investor framework.

Data Flags

minimum_investment$0 stated minimum on a $5.5M raise with 59 investors suggests broad retail-style distribution to accredited investors
investor_count59 investors in a single-company SPV (SpaceX-focused) indicates unusually high fragmentation for a private equity deal; average investment of ~$93K per investor
first_sale_dateFirst sale date not disclosed in filing, preventing vintage year determination and raising timeline transparency questions

EDGAR Filing Data

Form D — Primary Source

View on SEC.gov
CIK Number0002021540
Entity NameHiive SpaceX Series 1 a Series of Hiive SpaceX LLC
Exemption506(b), 3(c)(1)
First Sale Date—
Filing DateMay 1, 2024
Accession Number0002021540-24-000001
Total Amount Sold$6M
Total Investors59
Minimum Investment$0 (no stated minimum)
Securities TypePooled 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.

Sydecar LLC

Director · Claymont, DE

Taylor Hughes

Executive Officer · Claymont, DE

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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.