SEC Filing Record

Offering Amount

$0.6M

Strategy

VC

Exemption

06b

Date Filed

May 19, 2026

0002133322-26-000001

View on SEC EDGAR →

37A Read

The two-GP structure with LLC Sydecar and Brett Sagan signals a co-management arrangement typical of emerging fund complexes, where Sydecar likely provides operational infrastructure while Sagan functions as the named investment principal; the absence of prior EDGAR filings from this manager indicates this is a first institutional vehicle, meaning the fund will operate without a track record of distributed capital or realized exits to reference.

The $1M target and Rule 506(b) exemption point to a pre-existing relationship strategy rather than a broad institutional raise, suggesting Sagan is deploying capital from existing LPs or co-investors rather than conducting a traditional venture fundraise—a pattern consistent with early-stage managers who bootstrap initial deployment before scaling to larger vehicles.

A May 2026 filing in venture capital coincides with the post-correction venture reallocation cycle when LPs are re-entering smaller, founder-led vehicles after 2024–2025 exposure to larger mega-funds; at $1M, this fund is positioned to move faster than traditional VC rounds and capture momentum in emerging sectors or founder networks.

Before committing, verify whether Brett Sagan has prior venture operating experience or exits outside of EDGAR records, and confirm whether LLC Sydecar is a neutral platform (servicing multiple managers) or a co-investor with carried interest in this specific vehicle—this distinction materially affects fee alignment and decision-making autonomy.

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Principals

General Partners & Executives

LLC Sydecar Brett Sagan

DB Space 6 a Series of DB Master LLC