Hive IV, LLC (the) is a venture capital fund based in Palo Alto, California. According to its most recent Form D, filed Aug 20, 2020, it has sold $8,471,281 of interests to 23 investors since its first sale in Aug 2020. The filing does not set a minimum investment. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Sumant Mandal; T.M. Ravi.
- Total raised
- $8,471,281Cumulative sales reported on Form D
- Investors
- 23
- First sale
- Aug 5, 2020
- Minimum investment
- None set
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Sumant Mandal; T.M. Ravi
- Latest Form D
- Aug 20, 2020
From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about Hive IV, LLC (the)
What is the minimum investment for Hive IV, LLC (the)?
Hive IV, LLC (the)'s latest Form D, filed Aug 20, 2020, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Hive IV, LLC (the)?
Hive IV, LLC (the) is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1). It uses Rule 506(b), which does not allow general advertising.
How much has Hive IV, LLC (the) raised?
Hive IV, LLC (the) reports $8,471,281 sold from 23 investors on its Form D filed Aug 20, 2020. This is cumulative sales since the offering began, not current assets or performance.
Where is Hive IV, LLC (the) based?
Hive IV, LLC (the) is based in Palo Alto, California.
When did Hive IV, LLC (the) launch?
Hive IV, LLC (the) reports its first sale in Aug 2020.
Size compared with every venture capital fund
Raised more than 73% of the 2,224 venture capital funds based in California, and more than 86% of all 14,840 that report sales.