37A Research
Private Markets
Live Coverage
SEC EDGAR · Form D
Back to Digest
VC  · May 13, 2026  · 06b

Evolectric a Series of MobilityVC LLC

Offering
$0.2M
Analysis

The $0M target is a placeholder filing; the dual-GP structure with LLC Sydecar and Brett Sagan as named partners indicates either a co-GP arrangement or a feeder vehicle where Sydecar holds the operational role and Sagan brings sector credibility, a setup common when establishing first institutional vehicles in emerging sectors like mobility tech.

This is the manager's first EDGAR filing, meaning MobilityVC is either a new entity or newly crossing the $100M AUM threshold that triggers SEC registration—the mobility-focused fund name and early-stage venture mandate suggest the GPs are building a dedicated practice around transportation/logistics/last-mile infrastructure rather than pivoting an existing multi-stage portfolio.

Filing in May 2026 aligns with LP budget cycles and capital redeployment windows following Q1 earnings calls; the 06b exemption (no public solicitation) indicates this round targets repeat LPs and relationships rather than cold outreach, a timing choice that works if the GPs have pre-existing limited partner networks from prior roles.

Verify whether Brett Sagan holds board seats or operational roles at mobility portfolio companies before committing, as founder-GPs sometimes face conflicts between fund management and company obligations; also confirm Sydecar's track record and whether it has raised vehicles at this scale before, since the $0M placeholder and absence of prior SEC filings creates execution risk around final closing.

Full analysis — GP structure, exemption breakdown, and market context — is available to Pro members.

Unlock Pro — $19/month → Sign in
LLC Sydecar · Brett Sagan
SEC EDGAR →
0002110181-26-000001