Embark SPV I LLC is a hedge fund based in Dover, Delaware. According to its most recent Form D, filed Feb 12, 2026, the fund has sold $1,932,000 of interests to 1 investor since its first sale in Jan 2026. The minimum investment it accepts from an outside investor is $250,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Based on its first sale date and the amount raised, HedgeMountain classifies it as an emerging manager. Related persons named in the filing include Nicholas Mavris; Raman Bindlish; Amit Tewari.
- Total raised
- $1,932,000Cumulative sales reported on Form D
- Investors
- 1
- First sale
- Jan 12, 2026
- Minimum investment
- $250,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Nicholas Mavris; Raman Bindlish; Amit Tewari
- Latest Form D
- Feb 12, 2026
From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and HedgeMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures
Size compared with every hedge fund
Raised more than 35% of the 188 hedge funds based in Delaware, and more than 8% of all 10,157 that report sales.