Form D · Venture Capital Fund
Needle 2023-1, LLC
San Francisco, CA · CIK 0001979805
Offering snapshot reported Jun 26, 2023 · SEC filing
- Reported sold
- $5M Offering amount: $5M
- Investors reported
- 1 Form D · investor count
- Minimum accepted
- $0 Reported outside-investor minimum
- First sale
- Jun 5, 2023 As reported in this filing
What changed?
Latest filing versus its linked predecessor, where available.
No comparable changes in the displayed metrics.
Filing history
Scroll to see all columns →
| Filed | Filing type | Reported sold | Change vs linked filing | Investors | Source |
|---|---|---|---|---|---|
| Jun 26, 2023 | Initial | $5,000,000 | No comparison | 1 | SEC filing |
Offering details
- Securities
- Pooled investment fund
- Exemptions
- 06b, 3C, 3C.7
- Duration over one year
- No
- Business combination
- No
- Sales commissions
- $0
- Finders' fees
- $0
- Form D file number
- 021-485164
Source: Form D, filed Jun 26, 2023. Minimum accepted may differ from a standard advertised minimum.
Fund connections
Each card uses that adviser's latest imported filing. Filing dates can differ; these disclosures do not confirm a current relationship.
Matched by reported Form D file number
NEEDLE 2023-1, LLC
Investment adviser: HAYSTACK MANAGEMENT COMPANY, LLC
- Gross asset value
- $7.98M
- Beneficial owners
- 1
- ADV minimum commitment
- $5M
Reported in Form ADV on Mar 13, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.
Service providers
Provider details
- Annual audit
- No
- Prime brokers
- No
- Custodians
- Yes
- Administrator other than the adviser
- Yes
- External marketing
- No
FIRST-CITIZENS BANK & TRUST COMPANY
LEI L9VVX1KT5TFTKS0MLF66
Fund asset history · 3 annual observations
Scroll to see all columns →
| Fiscal year | Gross assets | Beneficial owners | ADV filed |
|---|---|---|---|
| 2023 | $5,000,000 | 1 | Mar 7, 2024 |
| 2024 | $5,000,000 | 1 | Feb 27, 2025 |
| 2025 | $7,978,801 | 1 | Mar 13, 2026 |
Filing source
Form ADV 2063193 · Mar 13, 2026 · Schedule D 7.B.(1), fund 805-5619451351
Reported by HAYSTACK MANAGEMENT COMPANY, LLC (CRD 292586).
Annual Updating Amendment ERA Report · fiscal year 2025.
Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.
People & organizations
Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.
| Name | Reported role |
|---|---|
| N/A Needle 2023 1 Manager, Llc | Director |
| Semil Shah | Director |
Issuer details
Industry: Pooled Investment Fund (See others in industry)
Address:San Francisco, CA, 94104
Phone: (415) 868-5024