Sydecar

Sydecar enables established and emerging fund managers to offer co-investment opportunities through compliant SPVs, allowing LPs to participate deal by deal alongside a main fund. Managers control the terms, timeline, and investor experience, while Sydecar handles operations.

Section 3(c)(1) and Section 3(c)(7) of the Investment Company Act of 1940 (ICA) let special purpose vehicles (SPVs) and private funds operate without Securities and Exchange Commission (SEC) registration.

Actionable guidance on SPVs and the venture landscape for venture managers.

Sydecar analyzed data from its products to identify venture fundraising patterns, including average deal size, time to close, and the prevalence of bridge rounds.

VC managers choose between concentrated portfolios with higher ownership per deal and diversified portfolios with more total shots on goal.

Sydecar’s pricing is simple and transparent, starting at $4,500 for SPVs. Pricing is calculated by taking 2% of capital raised, between $2,500 and $12,500, plus a $2,000 regulatory fee. There are no hidden costs, and no carry taken by Sydecar.

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Founded in 2021, Sydecar builds the infrastructure powering private markets, helping venture managers launch and run SPVs while minimizing operational burden.

Sydecar is built solely for SPVs and handles back-office work from formation through ongoing administration.