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EDGAR Verified
Primary Source · SEC.gov

Hiive Glean Series I a Series of Hiive Glean LLC

CIK 0002046885Single-Deal SPV2024 vintage506(b), 3(c)(1)
HiiveFull Review

Raised

$962K

Investors

21

Min Invest

$0

AltStreet Analysis

·

Generated from EDGAR primary sources

Hiive Glean Series I, a series of Hiive Glean LLC, filed on December 3, 2024, reporting $962K raised from 21 investors under Rule 506(b) and 3(c)(1) exemptions. The filing lists no minimum investment requirement and is managed by LLC Sydecar and executive officer Brett Sagan. This entity is part of the Hiive platform ecosystem, which operates 69 related EDGAR entities focused on private equity investments.

This pooled investment fund uses the standard 506(b)/3(c)(1) exemption structure typical for private equity vehicles, limiting investors to 100 accredited individuals. The $0 stated minimum with 21 investors and $962K total implies an average check size of approximately $46K, positioning this in the accessible end of private equity investment structures compared to traditional funds requiring $250K+ minimums.

Data Flags

minimum_investment$0 stated minimum investment on a ~$1M raise with 21 investors suggests broad retail-oriented distribution or platform-facilitated fractional access
first_sale_dateFirst sale date not disclosed despite reporting $962K already raised, preventing vintage year determination and timing analysis
investor_count21 investors contributing $962K total results in relatively small average check size (~$46K), unusual for traditional private equity but consistent with platform-aggregated investment model

EDGAR Filing Data

Form D — Primary Source

View on SEC.gov
CIK Number0002046885
Entity NameHiive Glean Series I a Series of Hiive Glean LLC
Exemption506(b), 3(c)(1)
First Sale Date—
Filing DateDecember 3, 2024
Accession Number0002046885-24-000001
Total Amount Sold$962K
Total Investors21
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

Brett Sagan

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.