Spir LLC is a venture capital fund based in Miami Beach, Florida. According to its most recent Form D, filed Feb 26, 2025, it has sold $25,000,000 of interests to 14 investors since its first sale in Feb 2025. The filing does not set a minimum investment. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include K5 Tech, LLC; Bryan Baum; Michael Kives.
- Total raised
- $25,000,000Cumulative sales reported on Form D
- Investors
- 14
- First sale
- Feb 13, 2025
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- K5 Tech, LLC; Bryan Baum; Michael Kives
- Latest Form D
- Feb 26, 2025
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 Spir LLC
What is the minimum investment for Spir LLC?
Spir LLC's latest Form D, filed Feb 26, 2025, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Spir LLC?
Spir LLC is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.
How much has Spir LLC raised?
Spir LLC reports $25,000,000 sold from 14 investors on its Form D filed Feb 26, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is Spir LLC based?
Spir LLC is based in Miami Beach, Florida.
When did Spir LLC launch?
Spir LLC reports its first sale in Feb 2025, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every venture capital fund
Raised more than 88% of the 585 venture capital funds based in Florida, and more than 93% of all 15,160 that report sales.