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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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 kgAQc6OBaw3Djkop3jQOyQ==

<SEC-DOCUMENT>0001477731-10-000001.txt : 20100205
<SEC-HEADER>0001477731-10-000001.hdr.sgml : 20100205
<ACCEPTANCE-DATETIME>20100204220659
ACCESSION NUMBER:		0001477731-10-000001
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:		20100205
DATE AS OF CHANGE:		20100204
EFFECTIVENESS DATE:		20100205

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:		10575513

	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>Antonio</firstName>
                <lastName>Varano</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>148N Main Street</street1>
                <city>Florida</city>
                <stateOrCountry>NY</stateOrCountry>
                <zipCode>10921</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>Member of Board of Advisers and new Member</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>
                <yetToOccur>true</yetToOccur>
            </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>570000</totalAmountSold>
            <totalRemaining>Indefinite</totalRemaining>
            <clarificationOfResponse>New Series A investment at est. contingent value of $570,000, with an agreed alternative instrument form, in limited, participating, contingent interests in LLC, and with form of instrument unconfirmed or yet qualified as security for registration purpose</clarificationOfResponse>
        </offeringSalesAmounts>
        <investors>
            <hasNonAccreditedInvestors>true</hasNonAccreditedInvestors>
            <numberNonAccreditedInvestors>12</numberNonAccreditedInvestors>
            <totalNumberAlreadyInvested>13</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>2010-02-04</signatureDate>
            </signature>
        </signatureBlock>
    </offeringData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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