SEC filing record
Primary Source · SEC.gov

Hiive Glean Series I a Series of Hiive Glean LLC

Single-Deal SPV2024 vintage506(b), 3(c)(1)
Latest signalNew Form D filerForm D · 2024-12-03Last filing 2024-12-03

Raised

$962K

Investors

21

Min Invest

None stated

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AltStreet Analysis

·

Generated from EDGAR primary sources

Hiive Glean Series I, a series of Hiive Glean LLC, filed on December 3, 2024, reporting $962K raised from 21 investors under Rule 506(b) and 3(c)(1) exemptions. The filing lists no minimum investment requirement and is managed by LLC Sydecar and executive officer Brett Sagan. This entity is part of the Hiive platform ecosystem, which operates 69 related EDGAR entities focused on private equity investments.

This pooled investment fund uses the standard 506(b)/3(c)(1) exemption structure typical for private equity vehicles, limiting investors to 100 accredited individuals. The $0 stated minimum with 21 investors and $962K total implies an average check size of approximately $46K, positioning this in the accessible end of private equity investment structures compared to traditional funds requiring $250K+ minimums.

Data Flags

first_sale_dateFirst sale date not disclosed despite reporting $962K already raised, preventing vintage year determination and timing analysis
investor_count21 investors contributing $962K total results in relatively small average check size (~$46K), unusual for traditional private equity but consistent with platform-aggregated investment model

EDGAR Filing Data

Form D — Primary Source

View on SEC.gov
CIK Number0002046885
Entity NameHiive Glean Series I a Series of Hiive Glean LLC
ExemptionRule 506(b), Section 3(c), Section 3(c)(1)
What the exemption meansRule 506(b) of Regulation D: securities may be sold to an unlimited number of accredited investors and up to 35 non-accredited investors who meet the rule's sophistication standard, without general solicitation or advertising. 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 Address2093 Philadelphia Pike, 5885, Claymont, DE 19703
Phone(360) 946-0604
Industry / Fund TypePooled Investment Fund · Venture Capital Fund
Investment Company ActExcluded under Section 3(c)(1) (100 beneficial owners or fewer)
Securities TypePooled Investment Fund
First Sale Date—
Filing DateDecember 3, 2024
Accession Number0002046885-24-000001
Total Offering Amount$961,617
Total Amount Sold$961,617
Amount Remaining$0
Total Investors21
Non-Accredited InvestorsNone
Minimum Investment$0 (no stated minimum)
Offering DurationOne year or less
Sales Commissions$0
Finders' Fees$0
Revenue RangeDecline to Disclose
State (Issuer Address)DE
Amendment CountOriginal filing only

Filings on Record

Every filing AltStreet's ledger holds for this CIK, newest first. Each opens the SEC archive folder.

AltStreet Coverage

Original reporting from AltStreet's daily EDGAR monitoring covering Clarity and its filings.

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HII Aalo Atomics-03 filed its Form D on October 7, the third series in three months to pool accredited buyers into the Austin nuclear reactor developer through the marketplace formerly called Hiive. The first two took $2.0 million from 69 investors and $9.0 million from 177 at a $25,000 minimum; the third takes $50,000 and names Clarity Capital Limited, not Hiive Markets Limited, as the recipient of sales compensation.

Platform coverage · Oct 2026

Hiive Is Now Clarity: The Pre-IPO Marketplace Behind 153 SEC-Filed Vehicles Renames Its Broker-Dealer and Adviser and Adds a Funds Marketplace

The Vancouver secondary marketplace announced the rebrand on September 22, 2026. Hiive Markets Limited becomes Clarity Capital Limited and Hiive Advisors Inc. becomes Clarity Investment Management Inc.; the announcement describes new institutional tools and company-reported growth figures, and no change to fees, minimums or registrations.

Platform coverage · Sep 2026

Hiive's Second Databricks Vehicle Reports $3.2 Million From 41 Investors, Filed 81 Days After Its First Sale

HII Databricks-01 sold out its $3,224,874 offering at a $43,600 minimum and paid Hiive Markets $114,395 in commissions. The Form D reports a first sale on June 29 and was filed September 18, the same week a single investor put $100 million into another Databricks vehicle.

Platform coverage · Sep 2026

Hiive's HII Series Closed $17.4M in Five New SPVs in Nine Days, Led by a $6.5M Apptronik Vehicle

Five single-company vehicles in Hiive's institutional HII series filed Form D between August 26 and September 3, each reporting itself fully sold: $17.4 million from 239 investors at $50,000 and $75,000 minimums, into Apptronik, Starcloud, Positron AI, Harbinger and a fifth Tenstorrent fund. Three of the five companies priced a round this year; Starcloud's $2.3 billion extension was announced ten days before its vehicle closed.

Platform coverage · Sep 2026

Hiive Opened 22 New SPVs in 30 Days, a Fifth of Its Lifetime Count, Nearly All AI Compute and Power

Between July 22 and August 20, Hiive's institutional line registered 22 pre-IPO vehicles covering SpaceX, Lambda, Lightmatter, Aalo Atomics and Suno. Measured against the 106-vehicle census AltStreet enumerated from EDGAR, that is roughly four times the line's own trailing pace, and the capacity went into names Hiive already sells rather than new ones.

Platform coverage · Aug 2026

All AltStreet news

In the Terminal

Filing events

1

latest Dec 3, 2024

Critical / warning

0 / 0

0 watch · 1 info

Statements extracted

0

none on file

NAV prints

0

none on file

Offering chains

1

closed

Latest event New filer · Dec 3, 2024

SEC.gov
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  • 1 filing event with values and deltas, latest 2024-12-03, and alerts on the next one
  • 1 offering timeline: velocity, share raised, first-sale lag, stalled flags

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Adviser of Record (Form ADV)

Clarity Investment Management INC.

CRD 335888 · SEC-registered adviser · lists this fund on Schedule D 7.B.(1) as a private equity fund

From the adviser's Form ADV as loaded from the SEC bulk data, joined on this issuer's Form D file number. Fund-level figures and the adviser's full fund roster are in the terminal.

Related Persons (Form D)

Executive officers, directors, and promoters listed on the SEC Form D filing. Source: SEC.gov.

Sydecar LLC

Director · Claymont, DE

Brett Sagan

Executive Officer · Claymont, DE

Questions About Hiive Glean Series I a Series of Hiive Glean LLC

Each answer is built from the values on the SEC filing and the AltStreet ledger, not from the issuer's marketing.

What is Hiive Glean Series I a Series of Hiive Glean LLC?

Hiive Glean Series I a Series of Hiive Glean LLC is a Delaware limited liability company that filed a Form D with the SEC on December 3, 2024 as a venture capital fund. The filing claims Rule 506(b), Section 3(c), Section 3(c)(1) for an offering of pooled investment fund interests. AltStreet links the issuer to Clarity.

Is Hiive Glean Series I a Series of Hiive Glean LLC legit?

AltStreet does not rate legitimacy; it reports the public record. Hiive Glean Series I a Series of Hiive Glean LLC filed a Form D with the SEC on December 3, 2024 claiming Rule 506(b), 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 $961,617 sold to 21 investors. AltStreet's enforcement record (SEC, FINRA and state actions) shows no action naming the issuer as of today. The issuer is linked to Clarity, 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 Hiive Glean Series I a Series of Hiive Glean 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 Hiive Glean Series I a Series of Hiive Glean LLC claimed Rule 506(b), 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 Hiive Glean Series I a Series of Hiive Glean LLC raised?

Hiive Glean Series I a Series of Hiive Glean LLC reported $961,617 sold from 21 investors of a $961,617 total offering as of the Form D filed December 3, 2024.

Who can invest in Hiive Glean Series I a Series of Hiive Glean LLC?

The offering relies on Rule 506(b), which permits sales to accredited investors and to no more than 35 non-accredited investors who meet a sophistication standard, and prohibits general solicitation. 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 filing lists the minimum investment as $0, meaning no minimum was stated.

What is the minimum investment in Hiive Glean Series I a Series of Hiive Glean LLC?

The Form D lists the minimum investment as $0, which means the issuer did not state a minimum on the form. The offering documents, not the Form D, set the actual subscription terms.

Who is selling Hiive Glean Series I a Series of Hiive Glean LLC and how are they paid?

The Form D names no recipient of sales compensation, which usually means the issuer or its affiliates are placing the securities directly. Sales commissions are reported as $0 and finders' fees as $0. Form D allows these to be estimates.

Who is behind Hiive Glean Series I a Series of Hiive Glean LLC?

The Form D lists 2 related persons: Sydecar LLC, director (Administrator of the Issuer); Brett Sagan, executive officer (Officer of the Issuer's Administrator). Form D Item 3 requires executive officers, directors, and promoters of the issuer to be listed.

Where is Hiive Glean Series I a Series of Hiive Glean LLC located?

The issuer's address on its SEC filings is 2093 Philadelphia Pike, 5885, Claymont, DE 19703. Its phone number of record is (360) 946-0604. It is organized under the laws of Delaware.

How long is the Hiive Glean Series I a Series of Hiive Glean LLC offering open?

The issuer indicated that the offering is not intended to last more than one year. An issuer must amend its Form D annually while a continuing offering stays open, and no amendment is on record yet.

How large is Hiive Glean Series I a Series of Hiive Glean LLC?

The issuer declined to disclose its revenue range on the Form D, which the form permits.

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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.