EQUITYMULTIPLE 78, LLC (CIK 0001787994) — EDGAR Entity Profile

AltStreetEDGAR DatabaseEquityMultipleEQUITYMULTIPLE 78, LLC
EDGAR Verified
Primary Source · SEC.gov
EQUITYMULTIPLE 78, LLCCIK 0001787994Single-Deal SPV2019 vintage506(b)
EquityMultipleFull Review
Raised
$1M
Investors
65
Min Invest
$10,000
AltStreet Analysis
·Generated from EDGAR primary sources
EQUITYMULTIPLE 78, LLC is a Delaware-incorporated SPV filed by executives Charles Clinton and Marious Sjulsen that raised $1.3M from 65 investors under Rule 506(b) with a $10K minimum investment. This entity is part of the EquityMultiple platform, a real estate investment sponsor with 138 related EDGAR entities. The first sale date was not disclosed in the filing.
This real estate offering uses the 506(b) private placement exemption with a $10K minimum investment, positioning it as an accessible institutional-retail hybrid vehicle. The relatively low per-investor average of approximately $20K and moderate minimum are consistent with EquityMultiple's platform model of fractional real estate investment access.
Data Flags
general65 investors contributing $1.3M results in an average investment of ~$20K, only 2x the stated minimum, suggesting clustered participation at or near the minimum threshold
firstSaleDateFirst sale date not disclosed on original filing with $1.3M already raised, preventing vintage year determination and raising timeline transparency concerns
EDGAR Filing Data
Form D — Primary Source
View on SEC.gov 
CIK Number0001787994
Entity NameEQUITYMULTIPLE 78, LLC
Exemption506(b)
First Sale Date—
Filing DateSeptember 12, 2019
Accession Number0001788065-19-000003
Total Amount Sold$1M
Total Investors65
Minimum Investment$10,000
Securities TypeEquity
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.
Charles Clinton
Executive Officer · New York, NY
Marious Sjulsen
Executive Officer · New York, NY
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Parent Platform
EquityMultiple
Real Estate - Est. 2015
Min invest$5,000
EligibilityAccredited Only
LiquidityLocked
AuditRegional Firm
Platform default minimum — individual offerings may vary
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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. EDGAR entity profiles and deal-level data are reviewed by AltStreet analysts with backgrounds in corporate finance and securities law — cross-referenced against offering circulars, audited financial statements, and primary regulatory filings before publication. Platform-provided information, where present, is clearly labeled and does not affect EDGAR data or AltStreet editorial coverage. Platforms may request factual corrections for demonstrable inaccuracies by contacting [email protected]. This page does not constitute investment advice.