Sydecar
Sydecar: “Sydecar is an SPV infrastructure platform for venture investors. We automate banking, compliance, contracts, and reporting so emerging managers can launch and manage Special Purpose Vehicles and funds without the back-office burden.”
What is Sydecar?
“Sydecar makes it simple and efficient for venture fund managers to form Special Purpose Vehicles (SPVs) to invest in and distribute private market assets. Through technology, Sydecar delivers institutional-grade execution without the overhead, freeing up time and resources so managers can focus on sourcing, closing, and building relationships with founders, investors, and issuers.”
View in the company profileWhat types of investment vehicles does Sydecar support?
“Sydecar creates and administers Delaware-domiciled SPVs. This includes support for secondary transactions and layered investment vehicles.”
View in the company profileWhat does Sydecar's platform handle?
“Our platform manages both SPV formation and ongoing administration, including: Entity formation and EINs, Standardized legal agreements, Investor onboarding and closing, Integrated banking, KYC/AML compliance, Fund accounting, LLCAs and OPAs, Tax preparation (including K-1s), Regulatory filings, Distributions.”
View in the company profileWhat makes Sydecar different from other providers?
“Sydecar is built solely for SPVs, and unlike platforms that added SPVs to other offerings, we don't have to juggle different product or customer priorities. Additionally, other platforms rely on manual, custom processes that are slow, expensive, and inconsistent.”
View in the company profile