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EDGAR Verified
Primary Source · SEC.gov

Hiive Lightmatter II a Series of Hiive Lightmatter LLC

CIK 0002056855Single-Deal SPV2025 vintage506(b), 3(c)(1)
HiiveFull Review

Raised

$3M

Investors

54

Min Invest

$0

AltStreet Analysis

·

Generated from EDGAR primary sources

Hiive Lightmatter II, a Delaware series LLC filed by LLC Sydecar with executive officer Brett Sagan, raised $2.6M from 54 investors under Rule 506(b) and Section 3(c)(1) exemptions. The offering has no stated minimum investment and represents a pooled investment fund vehicle within the Hiive platform ecosystem, which operates 69 related EDGAR entities focused on private equity investments.

This 506(b) pooled investment fund follows typical private equity SPV structuring with 3(c)(1) Investment Company Act exemption, allowing up to 100 accredited investors. The $0 minimum investment and 54-investor count ($48K average check size) suggests broad retail-tier access, which is relatively uncommon in traditional private equity but increasingly typical for platform-enabled deal-by-deal SPV models.

Data Flags

investor_count54 investors contributing average ~$48K per investor indicates high fragmentation and small check sizes relative to typical private equity vehicles
first_sale_dateFirst sale date not disclosed, making vintage year and filing timeliness indeterminate

EDGAR Filing Data

Form D — Primary Source

View on SEC.gov
CIK Number0002056855
Entity NameHiive Lightmatter II a Series of Hiive Lightmatter LLC
Exemption506(b), 3(c)(1)
First Sale Date—
Filing DateFebruary 19, 2025
Accession Number0002056855-25-000001
Total Amount Sold$3M
Total Investors54
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

Brett Sagan

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. 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.