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EDGAR Verified
Primary Source · SEC.gov

EquityZen Growth Technology Fund LLC - Series 516

CIK 0001796750Single-Deal SPV2020 vintage506(b), 3(c)(1)

Raised

$248K

Investors

17

Min Invest

$10,000

AltStreet Analysis

·

Generated from EDGAR primary sources

EquityZen Growth Technology Fund LLC - Series 516 is a Delaware pooled investment vehicle filed on 2020-08-12, raising $248K from 17 investors under Rule 506(b) and Section 3(c)(1). The fund has a $10K minimum investment and is managed by EquityZen Advisors LLC, part of the EquityZen platform with over 1,800 related EDGAR entities focused on pre-IPO secondary market access.

This is a typical pre-IPO pooled fund structure using the 506(b) private placement exemption and 3(c)(1) Investment Company Act exclusion, common for platforms aggregating accredited investor capital into single-company exposure vehicles. The $10K minimum is consistent with retail-accessible pre-IPO platforms targeting accredited investors rather than institutional minimums.

Data Flags

first_sale_dateFirst sale date not disclosed on original filing, though total raised is only $248K (well below institutional thresholds where this omission is typical)
investor_count17 investors contributing $248K yields an average check size of approximately $14.6K, indicating concentrated participation near the minimum threshold

EDGAR Filing Data

Form D — Primary Source

View on SEC.gov
CIK Number0001796750
Entity NameEquityZen Growth Technology Fund LLC - Series 516
Exemption506(b), 3(c)(1)
First Sale Date—
Filing DateAugust 12, 2020
Accession Number0001796750-20-000001
Total Amount Sold$248K
Total Investors17
Minimum Investment$10,000
Securities TypeEquity, Pooled 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.

EquityZen Advisors LLC

Executive Officer, Director · New York, NY

Richard Thoms

Executive Officer · Salt Lake City, UT

Assure Fund Management II LLC

Director · Salt Lake City, UT

Philip Haslett

Executive Officer, Director · New York, NY

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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.