-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
 BItU+y/SfendSLxBT1PrYyOfQYNXqAO7xfQ5tefold5Q/RbHxcdwrP6B+k+HNwMC
 0Yt/GYEsaAK46HHDB5so+A==

<SEC-DOCUMENT>0001477731-09-000002.txt : 20091228
<SEC-HEADER>0001477731-09-000002.hdr.sgml : 20091225
<ACCEPTANCE-DATETIME>20091228103127
ACCESSION NUMBER:		0001477731-09-000002
CONFORMED SUBMISSION TYPE:	D
PUBLIC DOCUMENT COUNT:		1
ITEM INFORMATION:		Rule 504(b)(1) (not (i), (ii) or (iii))
ITEM INFORMATION:		Rule 505
ITEM INFORMATION:		Rule 506
ITEM INFORMATION:		Securities Act Section 4(6)
FILED AS OF DATE:		20091228
DATE AS OF CHANGE:		20091228
EFFECTIVENESS DATE:		20091228

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Sawtooth Capital LLC
		CENTRAL INDEX KEY:			0001477731
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			0110

	FILING VALUES:
		FORM TYPE:		D
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	021-136588
		FILM NUMBER:		091260915

	BUSINESS ADDRESS:	
		STREET 1:		19 FRONT STREET
		STREET 2:		SUITE 3N
		CITY:			NEWBURGH
		STATE:			NY
		ZIP:			12550
		BUSINESS PHONE:		(202) 386-8223

	MAIL ADDRESS:	
		STREET 1:		19 FRONT STREET
		STREET 2:		SUITE 3N
		CITY:			NEWBURGH
		STATE:			NY
		ZIP:			12550
</SEC-HEADER>
<DOCUMENT>
<TYPE>D
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<edgarSubmission>

    <schemaVersion>X0603</schemaVersion>

    <submissionType>D</submissionType>

    <testOrLive>LIVE</testOrLive>

    <primaryIssuer>
        <cik>0001477731</cik>
        <entityName>Sawtooth Capital LLC</entityName>
        <issuerAddress>
            <street1>19 FRONT STREET</street1>
            <street2>SUITE 3N</street2>
            <city>NEWBURGH</city>
            <stateOrCountry>NY</stateOrCountry>
            <zipCode>12550</zipCode>
        </issuerAddress>
        <issuerPhoneNumber>(202) 386-8223</issuerPhoneNumber>
        <jurisdictionOfInc>NEW YORK</jurisdictionOfInc>
        <issuerPreviousNameList>
            <value>None</value>
        </issuerPreviousNameList>
        <edgarPreviousNameList>
            <value>None</value>
        </edgarPreviousNameList>
        <entityType>Limited Liability Company</entityType>
        <yearOfInc>
            <withinFiveYears>true</withinFiveYears>
            <value>2009</value>
        </yearOfInc>
    </primaryIssuer>

    <relatedPersonsList>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Brud</firstName>
                <middleName>Rudolph</middleName>
                <lastName>Rossmann</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>19 Front Street</street1>
                <street2>Suite 3N</street2>
                <city>Newburgh</city>
                <stateOrCountry>NY</stateOrCountry>
                <zipCode>12550</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>Managing Member, President, Treasurer, Founding Member</relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Dominic</firstName>
                <middleName>Joseph</middleName>
                <lastName>Cornelius</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>16 Cedar Street</street1>
                <city>Catskill</city>
                <stateOrCountry>NY</stateOrCountry>
                <zipCode>12414</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>Non-Member as of 12/23/09, terminated Officer/Executive appointments and terminated as Chief Compliance Officer</relationshipClarification>
        </relatedPersonInfo>
    </relatedPersonsList>

    <offeringData>
        <industryGroup>
            <industryGroupType>Investment Banking</industryGroupType>
        </industryGroup>
        <issuerSize>
            <revenueRange>$1 - $1,000,000</revenueRange>
        </issuerSize>
        <federalExemptionsExclusions>
            <item>04</item>
            <item>05</item>
            <item>06</item>
            <item>46</item>
        </federalExemptionsExclusions>
        <typeOfFiling>
            <newOrAmendment>
                <isAmendment>false</isAmendment>
            </newOrAmendment>
            <dateOfFirstSale>
                <value>2009-11-20</value>
            </dateOfFirstSale>
        </typeOfFiling>
        <durationOfOffering>
            <moreThanOneYear>false</moreThanOneYear>
        </durationOfOffering>
        <typesOfSecuritiesOffered>
            <isOtherType>true</isOtherType>
            <descriptionOfOtherType>Restricted, participating interests in certificated Member units of newly-formed LLC issued/assigned for future labor services or other consideration</descriptionOfOtherType>
        </typesOfSecuritiesOffered>
        <businessCombinationTransaction>
            <isBusinessCombinationTransaction>false</isBusinessCombinationTransaction>
            <clarificationOfResponse>There may be related issuances/resales for acquired business interests</clarificationOfResponse>
        </businessCombinationTransaction>
        <minimumInvestmentAccepted>100</minimumInvestmentAccepted>
        <salesCompensationList></salesCompensationList>
        <offeringSalesAmounts>
            <totalOfferingAmount>Indefinite</totalOfferingAmount>
            <totalAmountSold>1</totalAmountSold>
            <totalRemaining>Indefinite</totalRemaining>
            <clarificationOfResponse>On the failure of now-terminated Non-Managing Member, DJC, now a non-Member, to deliver on financial commitments, related or independent commitments, and contingent Managing Member's financial commitments,Sold Amount/capitalization must be adjusted</clarificationOfResponse>
        </offeringSalesAmounts>
        <investors>
            <hasNonAccreditedInvestors>true</hasNonAccreditedInvestors>
            <numberNonAccreditedInvestors>12</numberNonAccreditedInvestors>
            <totalNumberAlreadyInvested>12</totalNumberAlreadyInvested>
        </investors>
        <salesCommissionsFindersFees>
            <salesCommissions>
                <dollarAmount>0</dollarAmount>
                <isEstimate>true</isEstimate>
            </salesCommissions>
            <findersFees>
                <dollarAmount>0</dollarAmount>
                <isEstimate>true</isEstimate>
            </findersFees>
            <clarificationOfResponse>None to date; this may change</clarificationOfResponse>
        </salesCommissionsFindersFees>
        <useOfProceeds>
            <grossProceedsUsed>
                <dollarAmount>350000</dollarAmount>
                <isEstimate>true</isEstimate>
            </grossProceedsUsed>
            <clarificationOfResponse>Over next 12 months, estimated compensation for officers, directors, base salary.   No cash salaries or cash compensation has been taken thus far.</clarificationOfResponse>
        </useOfProceeds>
        <signatureBlock>
            <authorizedRepresentative>false</authorizedRepresentative>
            <signature>
                <issuerName>Sawtooth Capital LLC</issuerName>
                <signatureName>Brud Rossmann</signatureName>
                <nameOfSigner>Brud Rudolph Rossmann</nameOfSigner>
                <signatureTitle>Managing Member, President, Treasurer</signatureTitle>
                <signatureDate>2009-12-28</signatureDate>
            </signature>
        </signatureBlock>
    </offeringData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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