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EDGAR Verified
Primary Source · SEC.gov

Hiive SambaNova Series I a Series of Hiive SambaNova LLC

CIK 0002049004Single-Deal SPV2024 vintage506(b), 3(c)(1)
HiiveFull Review

Raised

$900K

Investors

13

Min Invest

$0

AltStreet Analysis

·

Generated from EDGAR primary sources

Hiive SambaNova Series I, a series of Hiive SambaNova LLC, filed this Form D on December 18, 2024, reporting $900K raised from 13 investors under Rule 506(b) and Section 3(c)(1) exemptions. The offering has no stated minimum investment and is structured as a pooled investment fund. This entity is part of the Hiive platform, a private equity investment platform with 69 related EDGAR entities, managed by LLC Sydecar with Brett Sagan as executive officer.

This pooled investment fund follows a typical 506(b) private placement structure with 3(c)(1) exemption, limiting it to 100 beneficial owners. The $0 minimum investment and $69K average check size ($900K / 13 investors) suggest a retail-accessible SPV model, consistent with other Hiive platform offerings targeting private company secondary market opportunities.

Data Flags

minimumInvestment$0 minimum investment on a $900K raise with 13 investors suggests broad retail accessibility through a platform model
firstSaleDateFirst sale date not disclosed in filing, preventing vintage year determination and timeline validation
investorCountAverage investment of approximately $69K per investor is relatively small for a private equity pooled fund, indicating fractional or micro-ticket access

EDGAR Filing Data

Form D — Primary Source

View on SEC.gov
CIK Number0002049004
Entity NameHiive SambaNova Series I a Series of Hiive SambaNova LLC
Exemption506(b), 3(c)(1)
First Sale Date—
Filing DateDecember 18, 2024
Accession Number0002049004-24-000001
Total Amount Sold$900K
Total Investors13
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.