Venture Capital (registered interval fund shares)SEC Registered

Sweater

Operated by Sweater Inc.

Sweater is a seven-person Boulder investment adviser that sells any US investor shares of registered venture-capital interval funds through a web app, SoFi Invest and Apex-powered brokerages, $500 minimum, no accreditation. Its flagship Cashmere Fund holds $16.6 million across 33 early-stage positions, has four audited fiscal years behind it (2.06% to 9.76% a year, 5.56% annualized since April 2022), has honored every semiannual repurchase offer for 5% of the fund, and carries a fee table of 9.32% gross and 4.95% net that the adviser subsidizes at a loss its own prospectus says negatively affects the adviser's financial viability.

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Platform Identity

Headquarters
Boulder, Colorado, USA
Founded
2019
Parent
Sweater Inc.
Platform type
SEC-Registered Investment Adviser Offering 40 Act Interval Funds (Retail Venture Capital)
Regulatory
sec_registered_ia
Eligibility
retail

AltStreet Coverage

Review status
Published
Coverage type
Investment platform
Review date
Sep 24, 2026
Last updated
Sep 24, 2026
Composite score
4.7
Structural signals
8 total

Key Data Points

EDGAR-linked offerings
4
Filing-verified raised
$17.78M

Auditors of Record

Audit firms named in this platform's issuer filings, as recorded in AltStreet's auditor directory. Each firm page lists every issuer it audits across covered platforms.

Manager (Form ADV)

Investment adviser records matched to this platform from SEC Form ADV filings (IARD). Figures are manager-level — they describe the advisory firm, not any single offering on this page.

SWEATER INDUSTRIES LLC

SEC-Registered Adviser
CRD / SEC#
317749 · 801-122933
Status
Approved
Regulatory AUM
$16.15M
Private funds
1 · $236.0K gross assets(VC:1)
Item 11 disclosures
None reported
Main office
BOULDER, CO
Latest ADV filed
Mar 31, 2026
View on IAPD (adviserinfo.sec.gov)

Item 11 disclosures are affirmative answers to Form ADV's disciplinary questions, which can include affiliate events — they are not a count of violations. Source: SEC Form ADV data, refreshed monthly.

Reference Reading

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