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EDGAR Verified
Primary Source · SEC.gov

Hiive Apptronik Series I a Series of Hiive Apptronik LLC

CIK 0002065953Single-Deal SPV2025 vintage506(b), 3(c)(1)
HiiveFull Review

Raised

$10M

Investors

85

Min Invest

$0

AltStreet Analysis

·

Generated from EDGAR primary sources

Hiive Apptronik Series I, a Delaware series LLC filed by LLC Sydecar with Brett Sagan as executive officer, raised $9.6M from 85 investors under Rule 506(b) and Section 3(c)(1) exemptions. The offering has no stated minimum investment and is part of the Hiive private equity platform, which operates 69 related EDGAR entities. First sale date was not disclosed in this May 2025 filing.

This pooled investment fund follows the typical pattern for private equity SPV structures using 506(b) exemption and 3(c)(1) investment company exclusion, limiting investors to 99 beneficial owners. The $0 minimum investment with an average check size of approximately $113K suggests a platform-enabled aggregation model allowing smaller accredited investors to participate in institutional deals, common in emerging SPV-as-a-service platforms.

Data Flags

minimum_investment$0 stated minimum on a $9.6M raise from 85 investors suggests broad retail accredited distribution through a platform model
first_sale_dateFirst sale date not disclosed despite $9.6M already raised, limiting vintage year determination
investor_count85 investors generating $9.6M results in average check size of ~$113K, indicating fragmented cap table typical of SPV platform deals

EDGAR Filing Data

Form D — Primary Source

View on SEC.gov
CIK Number0002065953
Entity NameHiive Apptronik Series I a Series of Hiive Apptronik LLC
Exemption506(b), 3(c)(1)
First Sale Date—
Filing DateMay 1, 2025
Accession Number0002065953-25-000001
Total Amount Sold$10M
Total Investors85
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.