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EDGAR Verified
Primary Source · SEC.gov

Hiive Cerebras Series IV a Series of Hiive Cerebras LLC

CIK 0002064269Single-Deal SPV2025 vintage506(b), 3(c)(1)
HiiveFull Review

Raised

$1M

Investors

30

Min Invest

$0

AltStreet Analysis

·

Generated from EDGAR primary sources

Hiive Cerebras Series IV is a Delaware-organized pooled investment fund SPV that raised $1.2M from 30 investors under Rule 506(b) and Section 3(c)(1) exemptions, filed April 14, 2025. The entity is part of the Hiive platform ecosystem (69 related EDGAR entities) and is managed by LLC Sydecar with Brett Sagan as executive officer. No minimum investment was stated.

This 506(b) private equity SPV falls into the emerging pattern of platform-enabled deal-by-deal vehicles with no stated minimums and sub-$50K average check sizes ($40K per investor). The exemption structure and investor count suggest accredited-only participation with broad retail distribution across a standardized platform infrastructure.

Data Flags

minimum_investment$0 stated minimum on $1.2M raise across 30 investors suggests democratized access model inconsistent with typical private equity minimums
investor_count30 investors averaging $40K each represents unusually small check sizes for private equity, indicating retail-oriented syndication
generalFiling date (2025-04-14) shows no first sale date disclosed despite $1.2M already sold, preventing vintage year determination
entity_nameCerebras is a known AI chip/computing company; Series IV designation suggests this is fourth SPV targeting same underlying investment

EDGAR Filing Data

Form D — Primary Source

View on SEC.gov
CIK Number0002064269
Entity NameHiive Cerebras Series IV a Series of Hiive Cerebras LLC
Exemption506(b), 3(c)(1)
First Sale Date—
Filing DateApril 14, 2025
Accession Number0002064269-25-000001
Total Amount Sold$1M
Total Investors30
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.