Get premium alternative investment insights

Get the Briefing
AltStreet
EDGAR Verified
Primary Source · SEC.gov

Hiive Cerebras Series 1 a Series of Hiive Cerebras LLC

CIK 0002022396Single-Deal SPV2024 vintage506(b), 3(c)(1)
HiiveFull Review

Raised

$1M

Investors

19

Min Invest

$0

AltStreet Analysis

·

Generated from EDGAR primary sources

Hiive Cerebras Series 1, a series of Hiive Cerebras LLC, filed Form D on May 10, 2024, reporting $1.5M raised from 19 investors under Rule 506(b) and Section 3(c)(1). The offering has no stated minimum investment. This is part of the Hiive platform, which manages 69 related EDGAR entities focused on private equity investments, with multiple concurrent series vehicles targeting AI companies including Anthropic and Cerebras.

This 506(b) pooled investment fund represents a typical mid-market SPV structure with no minimum investment barrier, contrasting with traditional private equity vehicles that often require $100K+ commitments. The 3(c)(1) exemption limits the vehicle to 100 beneficial owners, consistent with single-company investment SPVs.

Data Flags

minimum_investment$0 stated minimum investment on a $1.5M raise suggests broad retail or democratized access structure, unusual for private equity
investor_count19 investors contributing $1.5M results in ~$79K average check size, indicating relatively small individual commitments for private equity
generalPart of a prolific platform with 69 related entities and multiple concurrent Anthropic series vehicles, indicating institutional SPV factory model
first_sale_dateFirst sale date not disclosed, preventing assessment of capital velocity or filing timeliness

EDGAR Filing Data

Form D — Primary Source

View on SEC.gov
CIK Number0002022396
Entity NameHiive Cerebras Series 1 a Series of Hiive Cerebras LLC
Exemption506(b), 3(c)(1)
First Sale Date—
Filing DateMay 10, 2024
Accession Number0002022396-24-000001
Total Amount Sold$1M
Total Investors19
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

Taylor Hughes

Executive Officer · Claymont, DE

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.

Claim Profile — FreeGet Verified — $2,400/yr

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.