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EDGAR Verified
Primary Source · SEC.gov

Hiive ScaleAI Series I a Series of Hiive ScaleAI LLC

CIK 0002030492Single-Deal SPV2024 vintage506(b), 3(c)(1)

Raised

$1M

Investors

29

Min Invest

$0

AltStreet Analysis

·

Generated from EDGAR primary sources

Hiive ScaleAI Series I is a pooled investment fund organized as a series of Hiive ScaleAI LLC, filed under Rule 506(b) and Section 3(c)(1) exemptions. The entity raised $1.1M from 29 investors with no stated minimum investment, filed July 17, 2024. It is part of the Hiive platform, which manages 69 related EDGAR entities focused on private equity investments in technology companies.

This 506(b) private equity vehicle follows a pattern typical of syndicated deal SPVs with broad investor bases and low barriers to entry. The $0 minimum investment combined with 29 investors suggests an average commitment of approximately $38K per investor, positioning this in the accessible retail-alternative tier rather than institutional allocations.

Data Flags

minimumInvestmentAccepted$0 minimum investment on a $1.1M raise with 29 investors suggests broad retail distribution through a platform model
generalFirst sale date not disclosed despite reporting $1.1M in proceeds, preventing vintage year determination and raising timeline
investorCount29 investors averaging ~$38K each represents unusually small check sizes for private equity, consistent with platform-enabled fractional access model

EDGAR Filing Data

Form D — Primary Source

View on SEC.gov
CIK Number0002030492
Entity NameHiive ScaleAI Series I a Series of Hiive ScaleAI LLC
Exemption506(b), 3(c)(1)
First Sale Date
Filing DateJuly 17, 2024
Accession Number0002030492-24-000001
Total Amount Sold$1M
Total Investors29
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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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. 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.