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Primary Source · SEC.gov

Hiive Cerebras Series II a Series of Hiive Cerebras LLC

CIK 0002030465Single-Deal SPV2024 vintage506(b), 3(c)(1)
HiiveFull Review

Raised

$2M

Investors

35

Min Invest

$0

AltStreet Analysis

·

Generated from EDGAR primary sources

Hiive Cerebras Series II is a pooled investment fund organized as a Delaware LLC series that raised $1.6M from 35 investors under Rule 506(b) and Section 3(c)(1) exemptions, with no minimum investment requirement. Filed July 16, 2024 by LLC Sydecar and executive officer Taylor Hughes, this entity is part of the Hiive platform, which operates 69 related EDGAR entities focused on private equity investments in technology companies.

This private equity vehicle follows the typical 506(b)/3(c)(1) exemption pattern for private funds limited to accredited investors. The $0 stated minimum investment on a $1.6M raise with 35 investors (average ~$46K per investor) represents a relatively accessible structure compared to traditional private equity funds that typically require six-figure minimums.

Data Flags

minimumInvestment$0 stated minimum investment on a $1.6M raise suggests intentionally low barrier to entry for retail accredited investors
investorCount35 investors for $1.6M raised indicates average check size of approximately $46K, substantially lower than typical private equity commitments
firstSaleDateFirst sale date not disclosed, preventing vintage year determination and timeline analysis

EDGAR Filing Data

Form D — Primary Source

View on SEC.gov
CIK Number0002030465
Entity NameHiive Cerebras Series II a Series of Hiive Cerebras LLC
Exemption506(b), 3(c)(1)
First Sale Date—
Filing DateJuly 16, 2024
Accession Number0002030465-24-000001
Total Amount Sold$2M
Total Investors35
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

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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.