Equitybee 22-25345, a Series of Equitybee cFund Master LLC 2026: Is It Legit? Form D Raise, Investors, Who Is Behind It

Q: What is Equitybee 22-25345, a Series of Equitybee cFund Master LLC?

Equitybee 22-25345, a Series of Equitybee cFund Master LLC is a Delaware limited liability company that filed a Form D with the SEC on September 24, 2024 as a private equity fund. The filing claims Rule 506(c), Section 3(c), Section 3(c)(1) for an offering of pooled investment fund interests. AltStreet links the issuer to Equitybee.

Q: Is Equitybee 22-25345, a Series of Equitybee cFund Master LLC legit?

AltStreet does not rate legitimacy; it reports the public record. Equitybee 22-25345, a Series of Equitybee cFund Master LLC filed a Form D with the SEC on September 24, 2024 claiming Rule 506(c), Section 3(c), Section 3(c)(1). A Form D is a notice of an exempt offering, not a review or approval of it. The newest notice reports $48,110 sold to 1 investor. AltStreet's enforcement record (SEC, FINRA and state actions) shows no action naming the issuer as of today. The issuer is linked to Equitybee, which AltStreet has reviewed. Before investing, confirm the filing on EDGAR, check the seller's registration on FINRA BrokerCheck, and read the offering documents, which a Form D does not include.

Q: Is Equitybee 22-25345, a Series of Equitybee cFund Master LLC registered with or approved by the SEC?

No. A Form D is a notice that an issuer is selling securities under an exemption from registration, and the SEC does not review, approve, or pass on the merits of the offering. The filing shows that Equitybee 22-25345, a Series of Equitybee cFund Master LLC claimed Rule 506(c), Section 3(c), Section 3(c)(1) and disclosed the items the form requires, such as the amount sold, the minimum investment, related persons, and anyone paid to sell the securities. It does not verify the issuer's claims or its business.

Q: How much has Equitybee 22-25345, a Series of Equitybee cFund Master LLC raised?

Equitybee 22-25345, a Series of Equitybee cFund Master LLC reported $48,110 sold from 1 investor in an offering of indefinite size as of the Form D filed September 24, 2024.

Q: Who can invest in Equitybee 22-25345, a Series of Equitybee cFund Master LLC?

The offering relies on Rule 506(c), so the issuer may advertise it but may sell only to investors it has verified as accredited. Because the fund also relies on Section 3(c)(1), it may have no more than 100 beneficial owners. The filing reports no non-accredited investors. The minimum investment accepted from an outside investor is $10,000.

Q: What is the minimum investment in Equitybee 22-25345, a Series of Equitybee cFund Master LLC?

The Form D lists $10,000 as the minimum investment accepted from any outside investor as of September 24, 2024. Issuers can waive their own minimums, and the figure does not include fees.

Q: Who is selling Equitybee 22-25345, a Series of Equitybee cFund Master LLC and how are they paid?

The Form D names Michelle Kaiser (CRD 5880443), associated with EquityBee Securities, LLC as the recipient of sales compensation soliciting in all states. Sales commissions are reported as $0 and finders' fees as $0. Form D allows these to be estimates.

Q: Who is behind Equitybee 22-25345, a Series of Equitybee cFund Master LLC?

The Form D lists 2 related persons: Adam Ingram, executive officer; Troy Esquibel, executive officer. Form D Item 3 requires executive officers, directors, and promoters of the issuer to be listed.

Q: Where is Equitybee 22-25345, a Series of Equitybee cFund Master LLC located?

The issuer's address on its SEC filings is 221 25th St, Ogden, UT 84401. Its phone number of record is 8019418579. It is organized under the laws of Delaware.

Q: How long is the Equitybee 22-25345, a Series of Equitybee cFund Master LLC offering open?

The issuer indicated that the offering is intended to last more than one year. An issuer must amend its Form D annually while a continuing offering stays open; 1 amendment is on record for this CIK.

AltStreetEDGAR DatabaseEquitybeeEquitybee 22-25345, a Series of Equitybee cFund Master LLC
SEC filing record
Primary Source · SEC.gov
Equitybee 22-25345, a Series of Equitybee cFund Master LLCSingle-Deal SPV2024 vintage506(c), 3(c)(1)
Latest signalNew Form D filerForm D · 2024-09-24Last filing 2024-09-24
EquitybeeFull Review
Raised
$48K
Investors
1
Min Invest
$10,000
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AltStreet Analysis
·Generated from EDGAR primary sources
Equitybee 22-25345 is a Series vehicle of Equitybee cFund Master LLC, filed September 24, 2024, reporting $48K raised from 1 investor under Rule 506(c) and 3(c)(1) exemptions. The entity has a $10K minimum investment and is part of the Equitybee platform, which operates over 1,000 related pre-IPO investment vehicles.
This Series vehicle follows the standard Equitybee platform structure for pre-IPO stock option financing, using the 506(c)/3(c)(1) exemption pairing common to the platform's single-company SPVs. The $10K minimum investment and modest initial capital represent typical early-stage deal mechanics for this category of employee equity financing vehicles.
Data Flags
generalSingle investor contributing the entire $48K raise; represents a concentrated initial close or sole LP structure
Critical Disclosures
What the filings and the regulators have said about this entity that a reader should know first. Each line links to its source. The history, the same event across other issuers, and alerts are in the terminal.
Reporting lapsed · Form D · last filing September 24, 2024
Offering declared to continue beyond a year; annual amendment 13+ months overdue An issuer that stops filing is the case the going-concern flag cannot catch: the report that would have carried it was never filed.
Timeline 
Each line is a fact as filed. The history behind it, the same event across other issuers, and an alert on the next one:Open in the terminal Watch this issuer 
EDGAR Filing Data
Form D — Primary Source
View on SEC.gov 
CIK Number0002038611
Entity NameEquitybee 22-25345, a Series of Equitybee cFund Master LLC
ExemptionRule 506(c), Section 3(c), Section 3(c)(1)
What the exemption meansRule 506(c) of Regulation D: the issuer may advertise the offering publicly, but every purchaser must be a verified accredited investor. Section 3(c) of the Investment Company Act of 1940: the issuer is a pooled investment vehicle relying on an exclusion from registration as an investment company. Section 3(c)(1) of the Investment Company Act: the fund is excluded from investment-company registration because it has no more than 100 beneficial owners.
Entity TypeLimited Liability Company
Jurisdiction of OrganizationDelaware
Issuer Address221 25th St, Ogden, UT 84401
Phone(801) 941-8579
Industry / Fund TypePooled Investment Fund · Private Equity Fund
Investment Company ActExcluded under Section 3(c)(1) (100 beneficial owners or fewer)
Securities TypePooled Investment Fund
First Sale Date—
Filing DateSeptember 24, 2024
Accession Number0001989027-24-000002
Total Offering AmountIndefinite
Total Amount Sold$48,110
Total Investors1
Non-Accredited InvestorsNone
Minimum Investment$10,000
Offering DurationIntended to last more than one year
Sales Commissions$0 (to Michelle Kaiser)
Finders' Fees$0
Revenue RangeDecline to Disclose
State (Issuer Address)UT
Amendment Count1 amendments filed
Filings on Record
Every filing AltStreet's ledger holds for this CIK, newest first. Each opens the SEC archive folder.
DSeptember 24, 20240001989027-24-000002
AltStreet Coverage
Original reporting from AltStreet's daily EDGAR monitoring covering Equitybee and its filings.
Equitybee Series Files Two Original Form Ds With Different Dates and Related-Person Disclosures
Both notices for Equitybee 22-84626 carry an October 16, 2026 filing date and report the same $72,747 from one investor, but they differ on four answers, including who is listed as a related person.
Platform coverage · Oct 2026
All AltStreet news 
In the Terminal
Filing events
1
latest Sep 24, 2024
Critical / warning
0 / 0
0 watch · 1 info
Statements extracted
0
none on file
NAV prints
0
none on file
Offering chains
1
dark
Latest event New filer · Sep 24, 2024
SEC.gov
Open in the terminal Watch this issuerInvestor $149/mo unlocks the values; Pro $349/mo adds the universe.
Fund family Part of the Equitybee cFund family: 394 vehicles across 1 generation · full family and the filing behind each link in the terminal
Investor
The full fund family and any related vehicles (parallel, feeder, successor, sibling series) with the filing that shows each link
The dated record: 9 facts with source, effective date and capture date, viewable as AltStreet knew them on any past day
1 filing event with values and deltas, latest 2024-09-24, and alerts on the next one
1 offering timeline: velocity, share raised, first-sale lag, stalled flags
Pro
This issuer against its cohort: rank by velocity and share raised among offerings filed the same quarter
The same events, statements and NAV moves across every issuer, screenable, with unlimited watches and CSV
Counts and dates above are the free record. The values, the series and the comparisons are the seat. Loading your view…
Related Persons (Form D)
Executive officers, directors, and promoters listed on the SEC Form D filing. Source: SEC.gov.
Adam Ingram
Executive Officer · Palo Alto, CA
Troy Esquibel
Executive Officer · Palo Alto, CA
Placement Agents and Sales Compensation (Form D)
Who the issuer reported paying to sell the securities (Form D Item 12), with the FINRA registration number the filer gave. Source: SEC.gov.
Michelle KaiserCRD 5880443 on BrokerCheck 
Associated broker-dealer: EquityBee Securities, LLC (CRD 41896) · Palo Alto, CA · Soliciting in all states
Questions About Equitybee 22-25345, a Series of Equitybee cFund Master LLC
Each answer is built from the values on the SEC filing and the AltStreet ledger, not from the issuer's marketing.
What is Equitybee 22-25345, a Series of Equitybee cFund Master LLC?Equitybee 22-25345, a Series of Equitybee cFund Master LLC is a Delaware limited liability company that filed a Form D with the SEC on September 24, 2024 as a private equity fund. The filing claims Rule 506(c), Section 3(c), Section 3(c)(1) for an offering of pooled investment fund interests. AltStreet links the issuer to Equitybee.
Is Equitybee 22-25345, a Series of Equitybee cFund Master LLC legit?AltStreet does not rate legitimacy; it reports the public record. Equitybee 22-25345, a Series of Equitybee cFund Master LLC filed a Form D with the SEC on September 24, 2024 claiming Rule 506(c), Section 3(c), Section 3(c)(1). A Form D is a notice of an exempt offering, not a review or approval of it. The newest notice reports $48,110 sold to 1 investor. AltStreet's enforcement record (SEC, FINRA and state actions) shows no action naming the issuer as of today. The issuer is linked to Equitybee, which AltStreet has reviewed. Before investing, confirm the filing on EDGAR, check the seller's registration on FINRA BrokerCheck, and read the offering documents, which a Form D does not include.
Is Equitybee 22-25345, a Series of Equitybee cFund Master LLC registered with or approved by the SEC?No. A Form D is a notice that an issuer is selling securities under an exemption from registration, and the SEC does not review, approve, or pass on the merits of the offering. The filing shows that Equitybee 22-25345, a Series of Equitybee cFund Master LLC claimed Rule 506(c), Section 3(c), Section 3(c)(1) and disclosed the items the form requires, such as the amount sold, the minimum investment, related persons, and anyone paid to sell the securities. It does not verify the issuer's claims or its business.
How much has Equitybee 22-25345, a Series of Equitybee cFund Master LLC raised?Equitybee 22-25345, a Series of Equitybee cFund Master LLC reported $48,110 sold from 1 investor in an offering of indefinite size as of the Form D filed September 24, 2024.
Who can invest in Equitybee 22-25345, a Series of Equitybee cFund Master LLC?The offering relies on Rule 506(c), so the issuer may advertise it but may sell only to investors it has verified as accredited. Because the fund also relies on Section 3(c)(1), it may have no more than 100 beneficial owners. The filing reports no non-accredited investors. The minimum investment accepted from an outside investor is $10,000.
What is the minimum investment in Equitybee 22-25345, a Series of Equitybee cFund Master LLC?The Form D lists $10,000 as the minimum investment accepted from any outside investor as of September 24, 2024. Issuers can waive their own minimums, and the figure does not include fees.
Who is selling Equitybee 22-25345, a Series of Equitybee cFund Master LLC and how are they paid?The Form D names Michelle Kaiser (CRD 5880443), associated with EquityBee Securities, LLC as the recipient of sales compensation soliciting in all states. Sales commissions are reported as $0 and finders' fees as $0. Form D allows these to be estimates.
Who is behind Equitybee 22-25345, a Series of Equitybee cFund Master LLC?The Form D lists 2 related persons: Adam Ingram, executive officer; Troy Esquibel, executive officer. Form D Item 3 requires executive officers, directors, and promoters of the issuer to be listed.
Where is Equitybee 22-25345, a Series of Equitybee cFund Master LLC located?The issuer's address on its SEC filings is 221 25th St, Ogden, UT 84401. Its phone number of record is 8019418579. It is organized under the laws of Delaware.
How long is the Equitybee 22-25345, a Series of Equitybee cFund Master LLC offering open?The issuer indicated that the offering is intended to last more than one year. An issuer must amend its Form D annually while a continuing offering stays open; 1 amendment is on record for this CIK.
How large is Equitybee 22-25345, a Series of Equitybee cFund Master LLC?The issuer declined to disclose its revenue range on the Form D, which the form permits.
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Parent Platform
Equitybee
Pre Ipo - Est. 2018
Min invest$10,000
EligibilityAccredited Only
LiquidityLocked
AuditUnaudited
Lowest platform minimum — individual offerings may vary
Read Full Analyst Review
Sponsor EDGAR Footprint
Entities on EDGAR1,093
Total raised$238M+
Total investors3,579+
Vintages2020–2026
Aggregated across this platform's Form D entities tracked by AltStreet. Source: SEC EDGAR.
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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.