Frequently asked questions
What is Sydecar?
Sydecar is a frictionless deal execution platform for venture investors. Our platform handles back-office operations for emerging venture investors, automating banking, compliance, contracts, and reporting so that customers can focus on making deals and building relationships.
What type of investment vehicles does Sydecar offer?
At the moment, the Sydecar platform creates and administers special purpose vehicles (“SPVs”) established in the state of Delaware (no, that doesn't mean you can only invest in Delaware!).
What does Sydecar's product handle?
Sydecar handles SPV creation, execution, and administration for investments into private companies. Our platform handles investor onboarding, entity formation (including EIN), banking, KYC/AML, accreditation, fund accounting, K-1s & taxes, Form D and Blue Sky filings, and distributions.
How long does it typically take to close a deal on Sydecar?
Sydecar can set up a vehicle in a few hours and fund the investment in a few days. We will be prepared to close the vehicle as soon as all of your investors have signed the required documentation and funded their investment.
Does Sydecar provide legal advice?
No, Sydecar is an administrator and cannot provide legal advice. Our customers do have access to configurable legal forms to use in connection with their work with Sydecar. As detailed in our Master Service Agreement and Statement of work, all customers should engage their own counsel. Sydecar has relationships with partner law firms and can make referrals, if applicable.
What is Sydecar?
Sydecar is a frictionless deal execution platform for venture investors. Our platform handles back-office operations for emerging venture investors, automating banking, compliance, contracts, and reporting so that customers can focus on making deals and building relationships.
What type of investment vehicles does Sydecar offer?
At the moment, the Sydecar platform creates and administers special purpose vehicles (“SPVs”) established in the state of Delaware (no, that doesn't mean you can only invest in Delaware!).
What does Sydecar's product handle?
Sydecar handles SPV creation, execution, and administration for investments into private companies. Our platform handles investor onboarding, entity formation (including EIN), banking, KYC/AML, accreditation, fund accounting, K-1s & taxes, Form D and Blue Sky filings, and distributions.