EDGAR Verified
Primary Source · SEC.gov

EquityMultiple 197, LLC

CIK 0001975133Single-Deal SPV2023 vintage506(c)

Raised

$2M

Investors

62

Min Invest

$10,000

AltStreet Analysis

·

Generated from EDGAR primary sources

EquityMultiple 197, LLC is a Delaware-domiciled special purpose vehicle filed by executives Charles Clinton and Marious Sjulsen, raising $2.1M from 62 investors under Rule 506(c). The entity is part of the EquityMultiple real estate platform, which operates 137 related EDGAR entities, with a $10K minimum investment.

This real estate offering uses the 506(c) exemption with general solicitation and a $10K minimum, positioning it in the retail-accessible tier of private real estate investments. The $33,871 average investment per investor and 62-investor count reflect a moderately fragmented capital structure typical of crowdfunded real estate SPVs.

Data Flags

sales_commissionsNo sales commissions disclosed on a 506(c) offering that raised $2.1M from 62 investors, suggesting direct platform distribution without broker-dealer intermediation
first_sale_dateFirst sale date not disclosed on an original filing with $2.1M already raised, preventing verification of offering timeline and compliance with filing deadlines

EDGAR Filing Data

Form D — Primary Source

View on SEC.gov
CIK Number0001975133
Entity NameEquityMultiple 197, LLC
Exemption506(c)
First Sale Date
Filing DateAugust 23, 2023
Accession Number0001975133-23-000001
Total Amount Sold$2M
Total Investors62
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

Is this your offering?

Claim this profile to add contact information, team members, LinkedIn profiles, fund history, and additional financial data. EDGAR-sourced data and AltStreet analysis cannot be edited, but corrections can be requested for verifiable inaccuracies.

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.