Form D · Venture Capital Fund

HMC Needles II, L.P.

Seattle, WA · CIK 0001983366

Offering snapshot reported Jan 13, 2025 · SEC filing

Reported sold
$16.2M
Offering amount: $25M
Investors reported
25
Form D · investor count
Minimum accepted
$25K
Reported outside-investor minimum
First sale
Jul 19, 2023
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$8.08M$16.2MJul 31, 2023: $16,050,000.00Jul 31, 2023Aug 1, 2023: $16,050,000.00Jan 13, 2025: $16,150,000.00Jan 13, 2025

Dates are filing dates, not cash receipt dates. Decreases are reported revisions, not evidence of withdrawals. Separate offering histories are not added together.

What changed?

Latest filing versus its linked predecessor, where available.

  • Reported sold$16,050,000 → $16,150,000
  • Reported investors24 → 25

Filing history

Scroll to see all columns →

FiledFiling typeReported soldChange vs linked filingInvestorsSource
Jan 13, 2025Amendment$16,150,000$100,000vs Aug 1, 202325SEC filing
Aug 1, 2023Amendment$16,050,000$0vs Jul 31, 202324SEC filing
Jul 31, 2023Initial$16,050,000No comparison24SEC filing

Offering details

Securities
Pooled investment fund
Exemptions
06b, 3C, 3C.1
Duration over one year
Yes
Business combination
No
Sales commissions
$0
Finders' fees
$0
Form D file number
021-488267

Source: Form D, filed Jan 13, 2025. 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

HMC NEEDLES II, LP

Investment adviser: HAYSTACK MANAGEMENT COMPANY, LLC

Gross asset value
$15.9M
Beneficial owners
24
ADV minimum commitment
$0

Reported in Form ADV on Mar 13, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Auditor SENSIBA LLP PLEASANTON, California, United States Other funds reporting this name →
Custodian GRASSHOPPER BANK NEW YORK, New York, United States Related to adviser: No Other funds reporting this name →
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
No
External marketing
No

SENSIBA LLP
PCAOB 854

Fund asset history · 3 annual observations Gross asset value by annual ADV filing$0$7.93M$15.9MFY 2023: $7,979,427.00FY 2023FY 2024: $15,864,388.00FY 2024FY 2025: $15,864,388.00FY 2025

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Fiscal yearGross assetsBeneficial ownersADV filed
2023$7,979,42724Mar 7, 2024
2024$15,864,38824Feb 27, 2025
2025$15,864,38824Mar 13, 2026
Filing source

Form ADV 2063193 · Mar 13, 2026 · Schedule D 7.B.(1), fund 805-4046268379

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.

People and organizations reported in Form D filings
NameReported role
Haystack Needles Gp, Llc N/A Director
Haystack Management Company, Llc N/A Director
Semil Shah Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
119 South Main Street Suite 220
Seattle, WA, 98104
Phone: 2068016359