Hiive ScaleAI Series II a Series of Hiive ScaleAI LLC 2026: Is It Legit? Form D Raise, Investors, Who Is Behind It

Q: What is Hiive ScaleAI Series II a Series of Hiive ScaleAI LLC?

Hiive ScaleAI Series II a Series of Hiive ScaleAI LLC is a Delaware limited liability company that filed a Form D with the SEC on April 14, 2025 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.

Q: Is Hiive ScaleAI Series II a Series of Hiive ScaleAI LLC legit?

AltStreet does not rate legitimacy; it reports the public record. Hiive ScaleAI Series II a Series of Hiive ScaleAI LLC filed a Form D with the SEC on April 14, 2025 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 $967,297 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.

Q: Is Hiive ScaleAI Series II a Series of Hiive ScaleAI 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 ScaleAI Series II a Series of Hiive ScaleAI 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.

Q: How much has Hiive ScaleAI Series II a Series of Hiive ScaleAI LLC raised?

Hiive ScaleAI Series II a Series of Hiive ScaleAI LLC reported $967,297 sold from 21 investors of a $967,297 total offering as of the Form D filed April 14, 2025.

Q: Who can invest in Hiive ScaleAI Series II a Series of Hiive ScaleAI 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.

Q: What is the minimum investment in Hiive ScaleAI Series II a Series of Hiive ScaleAI 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.

Q: Who is selling Hiive ScaleAI Series II a Series of Hiive ScaleAI 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.

Q: Who is behind Hiive ScaleAI Series II a Series of Hiive ScaleAI 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.

Q: Where is Hiive ScaleAI Series II a Series of Hiive ScaleAI 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.

Q: How long is the Hiive ScaleAI Series II a Series of Hiive ScaleAI 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.

AltStreetEDGAR DatabaseClarityHiive ScaleAI Series II a Series of Hiive ScaleAI LLC
SEC filing record
Primary Source · SEC.gov
Hiive ScaleAI Series II a Series of Hiive ScaleAI LLCSingle-Deal SPV2025 vintage506(b), 3(c)(1)
Latest signalNew Form D filerForm D · 2025-04-14Last filing 2025-04-14
ClarityFull Review
Raised
$967K
Investors
21
Min Invest
None stated
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AltStreet Analysis
·Generated from EDGAR primary sources
Hiive ScaleAI Series II is a pooled investment fund organized as a series of Hiive ScaleAI LLC, filed by LLC Sydecar and executive officer Brett Sagan on April 14, 2025. The fund raised $967K from 21 investors under Rule 506(b) and 3(c)(1) exemptions with no stated minimum investment. It is part of the Hiive platform, which operates 69 related EDGAR entities focused on private equity investments.
This private equity vehicle uses the 506(b) exemption typical of private placements restricted to accredited investors with general solicitation prohibitions. The $0 minimum investment is unusual for institutional-grade private equity but aligns with the platform's fractional access model, contrasting with typical $250K+ minimums in traditional PE funds.
Data Flags
investor_count21 investors contributing $967K yields an average investment of ~$46K per investor, significantly below typical PE check sizes
first_sale_dateFirst sale date not disclosed, preventing vintage year determination and raise velocity analysis
EDGAR Filing Data
Form D — Primary Source
View on SEC.gov 
CIK Number0002064293
Entity NameHiive ScaleAI Series II a Series of Hiive ScaleAI 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 DateApril 14, 2025
Accession Number0002064293-25-000001
Total Offering Amount$967,297
Total Amount Sold$967,297
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.
DApril 14, 20250002064293-25-000001
AltStreet Coverage
Original reporting from AltStreet's daily EDGAR monitoring covering Clarity and its filings.
Five Clarity-Linked Vehicles Report $9.7 Million Sold in Initial SEC Filings
Five series vehicles whose Form D notices name Hiive Markets Limited or Clarity Capital Limited as the sales-compensation recipient filed initial notices between September 23 and November 5, 2026, reporting $9,671,577 sold to 160 investors in total. One of the five has since amended to $5.01 million.
Platform coverage · Nov 2026
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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
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Platform coverage · Sep 2026
Hiive's Second Databricks Vehicle Reports $3.2 Million From 41 Investors, Filed 81 Days After Its First Sale
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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
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In the Terminal
Filing events
1
latest Apr 14, 2025
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 · Apr 14, 2025
SEC.gov
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Fund family Part of the Hiive ScaleAI family: 2 vehicles across 2 generations · 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: 12 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 2025-04-14, 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 ScaleAI Series II a Series of Hiive ScaleAI 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 ScaleAI Series II a Series of Hiive ScaleAI LLC?Hiive ScaleAI Series II a Series of Hiive ScaleAI LLC is a Delaware limited liability company that filed a Form D with the SEC on April 14, 2025 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 ScaleAI Series II a Series of Hiive ScaleAI LLC legit?AltStreet does not rate legitimacy; it reports the public record. Hiive ScaleAI Series II a Series of Hiive ScaleAI LLC filed a Form D with the SEC on April 14, 2025 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 $967,297 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 ScaleAI Series II a Series of Hiive ScaleAI 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 ScaleAI Series II a Series of Hiive ScaleAI 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 ScaleAI Series II a Series of Hiive ScaleAI LLC raised?Hiive ScaleAI Series II a Series of Hiive ScaleAI LLC reported $967,297 sold from 21 investors of a $967,297 total offering as of the Form D filed April 14, 2025.
Who can invest in Hiive ScaleAI Series II a Series of Hiive ScaleAI 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 ScaleAI Series II a Series of Hiive ScaleAI 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 ScaleAI Series II a Series of Hiive ScaleAI 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 ScaleAI Series II a Series of Hiive ScaleAI 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 ScaleAI Series II a Series of Hiive ScaleAI 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 ScaleAI Series II a Series of Hiive ScaleAI 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 ScaleAI Series II a Series of Hiive ScaleAI LLC?The issuer declined to disclose its revenue range on the Form D, which the form permits.
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Parent Platform
Clarity
Pre Ipo - Est. 2021
Min invest$25,000
EligibilityAccredited Only
LiquidityLocked
AuditUnknown
Lowest platform minimum — individual offerings may vary
Read Full Analyst Review
Sponsor EDGAR Footprint
Entities on EDGAR158
Total raised$869M
Total investors9,762
Vintages2024–2026
Aggregated across this platform's Form D entities tracked by AltStreet. Source: SEC EDGAR.
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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.