-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
 OLyVWRBL/yedIO7Zs+aD90SrBAJVPYtSlwHWTQ9OLn9Je210qsOqnnnHLMTiS7hZ
 pf91YU6OHQm21LyRXzEAgw==

<SEC-DOCUMENT>0001476534-09-000004.txt : 20091203
<SEC-HEADER>0001476534-09-000004.hdr.sgml : 20091203
<ACCEPTANCE-DATETIME>20091203170044
ACCESSION NUMBER:		0001476534-09-000004
CONFORMED SUBMISSION TYPE:	D/A
PUBLIC DOCUMENT COUNT:		1
ITEM INFORMATION:		Rule 506
FILED AS OF DATE:		20091203
DATE AS OF CHANGE:		20091203
EFFECTIVENESS DATE:		20091203

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			361 CAPITAL LLC
		CENTRAL INDEX KEY:			0001476534
		IRS NUMBER:				841609184
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		D/A
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	021-136155
		FILM NUMBER:		091220726

	BUSINESS ADDRESS:	
		STREET 1:		4643 SOUTH ULSTER STREET
		STREET 2:		SUITE 1020
		CITY:			DENVER
		STATE:			CO
		ZIP:			80237
		BUSINESS PHONE:		720-346-0086

	MAIL ADDRESS:	
		STREET 1:		4643 SOUTH ULSTER STREET
		STREET 2:		SUITE 1020
		CITY:			DENVER
		STATE:			CO
		ZIP:			80237

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Trail Ridge Capital LLC
		DATE OF NAME CHANGE:	20091110
</SEC-HEADER>
<DOCUMENT>
<TYPE>D/A
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<edgarSubmission>

    <schemaVersion>X0603</schemaVersion>

    <submissionType>D/A</submissionType>

    <testOrLive>LIVE</testOrLive>

    <primaryIssuer>
        <cik>0001476534</cik>
        <entityName>361 CAPITAL LLC</entityName>
        <issuerAddress>
            <street1>4643 SOUTH ULSTER STREET</street1>
            <street2>SUITE 1020</street2>
            <city>DENVER</city>
            <stateOrCountry>CO</stateOrCountry>
            <zipCode>80237</zipCode>
        </issuerAddress>
        <issuerPhoneNumber>720-346-0086</issuerPhoneNumber>
        <jurisdictionOfInc>DELAWARE</jurisdictionOfInc>
        <edgarPreviousNameList>
            <previousName>Trail Ridge Capital LLC</previousName>
        </edgarPreviousNameList>
        <entityType>Limited Liability Company</entityType>
        <yearOfInc>
            <overFiveYears>true</overFiveYears>
        </yearOfInc>
    </primaryIssuer>

    <relatedPersonsList>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Brian</firstName>
                <lastName>Cunningham</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>4643 South Ulster Street</street1>
                <street2>Suite 1020</street2>
                <city>Denver</city>
                <stateOrCountry>CO</stateOrCountry>
                <zipCode>80237</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Thomas</firstName>
                <middleName>I</middleName>
                <lastName>Florence</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>4643 South Ulster Street</street1>
                <street2>Suite 1020</street2>
                <city>Denver</city>
                <stateOrCountry>CO</stateOrCountry>
                <zipCode>80237</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
    </relatedPersonsList>

    <offeringData>
        <industryGroup>
            <industryGroupType>Other Banking and Financial Services</industryGroupType>
        </industryGroup>
        <issuerSize>
            <revenueRange>Decline to Disclose</revenueRange>
        </issuerSize>
        <federalExemptionsExclusions>
            <item>06</item>
        </federalExemptionsExclusions>
        <typeOfFiling>
            <newOrAmendment>
                <isAmendment>true</isAmendment>
                <previousAccessionNumber>0001476534-09-000001</previousAccessionNumber>
            </newOrAmendment>
            <dateOfFirstSale>
                <yetToOccur>true</yetToOccur>
            </dateOfFirstSale>
        </typeOfFiling>
        <durationOfOffering>
            <moreThanOneYear>false</moreThanOneYear>
        </durationOfOffering>
        <typesOfSecuritiesOffered>
            <isDebtType>true</isDebtType>
            <isOptionToAcquireType>true</isOptionToAcquireType>
        </typesOfSecuritiesOffered>
        <businessCombinationTransaction>
            <isBusinessCombinationTransaction>false</isBusinessCombinationTransaction>
            <clarificationOfResponse></clarificationOfResponse>
        </businessCombinationTransaction>
        <minimumInvestmentAccepted>0</minimumInvestmentAccepted>
        <salesCompensationList></salesCompensationList>
        <offeringSalesAmounts>
            <totalOfferingAmount>2000000</totalOfferingAmount>
            <totalAmountSold>0</totalAmountSold>
            <totalRemaining>2000000</totalRemaining>
            <clarificationOfResponse></clarificationOfResponse>
        </offeringSalesAmounts>
        <investors>
            <hasNonAccreditedInvestors>false</hasNonAccreditedInvestors>
            <totalNumberAlreadyInvested>0</totalNumberAlreadyInvested>
        </investors>
        <salesCommissionsFindersFees>
            <salesCommissions>
                <dollarAmount>0</dollarAmount>
            </salesCommissions>
            <findersFees>
                <dollarAmount>0</dollarAmount>
            </findersFees>
            <clarificationOfResponse></clarificationOfResponse>
        </salesCommissionsFindersFees>
        <useOfProceeds>
            <grossProceedsUsed>
                <dollarAmount>0</dollarAmount>
            </grossProceedsUsed>
            <clarificationOfResponse></clarificationOfResponse>
        </useOfProceeds>
        <signatureBlock>
            <authorizedRepresentative>false</authorizedRepresentative>
            <signature>
                <issuerName>361 CAPITAL LLC</issuerName>
                <signatureName>Thomas I. Florence</signatureName>
                <nameOfSigner>Thomas I. Florence</nameOfSigner>
                <signatureTitle>Managing Principal</signatureTitle>
                <signatureDate>2009-12-03</signatureDate>
            </signature>
        </signatureBlock>
    </offeringData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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