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EDGAR Verified
Primary Source · SEC.gov

Hiive Groq Series III a Series of Hiive Groq LLC

CIK 0002051956Single-Deal SPV2025 vintage506(b), 3(c)(1)
HiiveFull Review

Raised

$2M

Investors

42

Min Invest

$0

AltStreet Analysis

·

Generated from EDGAR primary sources

Hiive Groq Series III is a pooled investment fund organized as a series of Hiive Groq LLC, filed January 16, 2025, under Rule 506(b) and 3(c)(1) exemptions. The entity raised $2.4M from 42 investors with no stated minimum investment. It is part of the Hiive platform, which operates 69 related EDGAR entities focused on private equity investments.

This 506(b) private equity vehicle with no minimum investment and a $57K average investor check represents an unusually accessible structure for private equity, which typically features higher minimums. The 3(c)(1) exemption limits it to 100 beneficial owners, consistent with its 42-investor count, and suggests a pooled vehicle structure common to SPV platforms targeting specific portfolio companies.

Data Flags

minimum_investment$0 stated minimum investment on a $2.4M raise with 42 investors suggests broad retail-like distribution through a private placement platform model
investor_count42 investors contributing an average of ~$57K each represents high fragmentation for a private equity vehicle, suggesting syndicated deal structure
first_sale_dateFirst sale date not disclosed on original filing, preventing vintage year determination and timeline verification
entity_nameEntity name references 'Groq' (AI infrastructure company), following pattern seen in related Hiive entities targeting specific portfolio companies like Anthropic

EDGAR Filing Data

Form D — Primary Source

View on SEC.gov
CIK Number0002051956
Entity NameHiive Groq Series III a Series of Hiive Groq LLC
Exemption506(b), 3(c)(1)
First Sale Date—
Filing DateJanuary 16, 2025
Accession Number0002051956-25-000001
Total Amount Sold$2M
Total Investors42
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.