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EDGAR Verified
Primary Source · SEC.gov

Hiive Varda Series I a Series of Hiive Varda LLC

CIK 0002058943Single-Deal SPV2025 vintage506(b), 3(c)(1)
HiiveFull Review

Raised

$1M

Investors

29

Min Invest

$0

AltStreet Analysis

·

Generated from EDGAR primary sources

Hiive Varda Series I, a series of Hiive Varda LLC, filed Form D on March 5, 2025, reporting $1.5M raised from 29 investors under Rule 506(b) and Section 3(c)(1). The offering has no stated minimum investment and is managed by LLC Sydecar with executive officer Brett Sagan. This is part of the Hiive platform, which operates 69 related EDGAR entities focused on private equity pooled investment structures.

This pooled investment fund uses the standard 506(b)/3(c)(1) exemption pattern typical of private equity SPVs and micro-funds. The $0 minimum investment threshold is unusual for institutional private equity structures and suggests broad retail or accredited investor distribution, contrasting with typical offerings that impose minimums of $25K-$100K.

Data Flags

minimum_investment$0 minimum on a $1.5M raise with 29 investors suggests broad retail or fractional distribution model, uncommon for traditional PE structures
first_sale_dateFirst sale date not disclosed; filing date is March 2025 but vintage year cannot be determined
investor_count29 investors in a $1.5M raise yields an average check size of ~$52K, indicating small ticket pooled investment structure

EDGAR Filing Data

Form D — Primary Source

View on SEC.gov
CIK Number0002058943
Entity NameHiive Varda Series I a Series of Hiive Varda LLC
Exemption506(b), 3(c)(1)
First Sale Date—
Filing DateMarch 5, 2025
Accession Number0002058943-25-000001
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

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. 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.