SPV Hub vs. Sydecar
Which SPV Platform Is Right for Your Investment Operations?
The selection of a suitable SPV platform is critical when it comes to launching, managing, and scaling investment vehicles. If you are an angel investor, syndicate lead, aspiring fund manager, or even a family office, it is important to select a platform that will simplify things for you without adding too much administrative burden.
SPV Hub and Sydecar both provide end-to-end SPV services that cover much of the same core ground, but they differ in their approach to pricing, flexibility, technology, and support. Rather than viewing one platform as offering services, the other does not; it is more useful to compare how each platform delivers those services and which operating model better fits a manager’s needs.
- Feature Comparison
SPV Hub vs. Sydecar
Rather than viewing one platform as offering services, the other does not; it is more useful to compare how each platform delivers those services and which operating model better fits a manager’s needs.
| Category | SPV Hub | Sydecar |
|---|---|---|
| Legal Structure & Compliance | Delaware LLCs | Delaware LLCs |
| Life of SPV | 10 Years | 7–10 Years |
| Online Setup | Included | Included |
| Flexibility of SPV Setup | Flexible and customizable | Standardized with support for common SPV structures |
| Investor Onboarding | Included | Included |
| Subscription & Operating Agreement | Included | Included |
| EIN | Included | Included |
| Banking | Included | Included |
| Tracking SPV Progress | Included | Included |
| Online Signatures | Included | Included |
| Annual Delaware Compliance Fees | Included | Included |
| Form D Filing | Included | Included |
| Blue Sky Filing (up to $1,500) | Included | Included |
| Annual State Tax Filing | Included | Included |
| Yearly K-1 Processing & Distribution | Included | Included |
| SPV Updates for Investors | Yes | Yes |
| Investor Portfolio Management | Included | Included |
| Distribution Fee | Single distribution included in fee | Each distribution charged separately |
| Non-US Investments Fee | $1,000 | $1,000 |
| Regulatory Fee | Nil | $2000 |
| Side Letter / Additional Documents | Available (additional charges apply) | Available (additional charges apply) |
| Customer Service | 24×7 phone, email, and chat support | Chat and email support |
| Integration with Deal Flow | Yes (Startup Steroid Integration) | No Deal flow management platform integrations |
| Master SPV Setup | Yes (additional charges apply) | Yes (additional charges apply) |
| Master LLC Bookkeeping | Included | Not Included |
| Platform Flexibility | High | Standardized |
- At a Glance
SPV Hub and Sydecar
- Party A — SPV Hub
SPV Hub is intended for use by angel groups, syndicates, venture capital funds, family offices, and new fund managers who need high-quality institutional infrastructure along with personalized operations. SPV Hub includes all aspects of the SPV’s lifecycle from its creation to management and distribution to investors.
SPV Hub and Sydecar both provide end-to-end SPV services that cover much of the same core ground, but they differ in their approach to pricing, flexibility, technology, and support. Rather than viewing one platform as offering services, the other does not; it is more useful to compare how each platform delivers those services and which operating model better fits a manager’s needs.
- Party B — Sydecar
A recognized name in private capital
It provides a technology-based work process to create and administer SPVs for venture investors. Work standardization is the focus of Sydecar’s platform, which includes work standardization, speedy SPV formation, onboarding of investors, banking, compliance, taxation, and SPV management.
The standardization approach is meant for managers who seek a repeatable process for creating and managing investment vehicles while retaining most of the work process within one ecosystem.
Sydecar also provides transparent pricing for its standard SPV services, helping managers understand costs before moving forward.
- SPV Hub and Sydecar
Which SPV Platform Is Right for Your Investment Operations?
- SPV Hub vs. Sydecar
SPV Formation
Both systems provide for ease of Delaware SPV formation while taking care of the necessary legal and administrative issues involved in SPV formation.
SPV Hub supports both single-asset and multi-asset SPVs while offering customized structures based on the complexity of each transaction. The platform also accommodates SAFE investments, convertible notes, equity investments, and various venture deal structures. This makes the platform well suited to managers who may need to adapt the structure of an SPV to the requirements of a particular investment.
Sydecar focuses on standardized SPV structures with an emphasis on fast approvals and efficient execution. The company states that qualifying SPVs can be reviewed within hours after submission. For managers running similar transactions repeatedly, this standardized process can provide consistency and speed.
- SPV Hub vs. Sydecar
SPV Formation
Both systems provide for ease of Delaware SPV formation while taking care of the necessary legal and administrative issues involved in SPV formation.
SPV Hub supports both single-asset and multi-asset SPVs while offering customized structures based on the complexity of each transaction. The platform also accommodates SAFE investments, convertible notes, equity investments, and various venture deal structures. This makes the platform well suited to managers who may need to adapt the structure of an SPV to the requirements of a particular investment.
Sydecar focuses on standardized SPV structures with an emphasis on fast approvals and efficient execution. The company states that qualifying SPVs can be reviewed within hours after submission. For managers running similar transactions repeatedly, this standardized process can provide consistency and speed.
- SPV Hub vs. Sydecar
SPV Formation
Both systems provide for ease of Delaware SPV formation while taking care of the necessary legal and administrative issues involved in SPV formation.
SPV Hub supports both single-asset and multi-asset SPVs while offering customized structures based on the complexity of each transaction. The platform also accommodates SAFE investments, convertible notes, equity investments, and various venture deal structures. This makes the platform well suited to managers who may need to adapt the structure of an SPV to the requirements of a particular investment.
Sydecar focuses on standardized SPV structures with an emphasis on fast approvals and efficient execution. The company states that qualifying SPVs can be reviewed within hours after submission. For managers running similar transactions repeatedly, this standardized process can provide consistency and speed.
- SPV Hub vs. Sydecar
SPV Formation
Both systems provide for ease of Delaware SPV formation while taking care of the necessary legal and administrative issues involved in SPV formation.
SPV Hub supports both single-asset and multi-asset SPVs while offering customized structures based on the complexity of each transaction. The platform also accommodates SAFE investments, convertible notes, equity investments, and various venture deal structures. This makes the platform well suited to managers who may need to adapt the structure of an SPV to the requirements of a particular investment.
Sydecar focuses on standardized SPV structures with an emphasis on fast approvals and efficient execution. The company states that qualifying SPVs can be reviewed within hours after submission. For managers running similar transactions repeatedly, this standardized process can provide consistency and speed.
- SPV Hub vs. Sydecar
SPV Formation
Both systems provide for ease of Delaware SPV formation while taking care of the necessary legal and administrative issues involved in SPV formation.
SPV Hub supports both single-asset and multi-asset SPVs while offering customized structures based on the complexity of each transaction. The platform also accommodates SAFE investments, convertible notes, equity investments, and various venture deal structures. This makes the platform well suited to managers who may need to adapt the structure of an SPV to the requirements of a particular investment.
Sydecar focuses on standardized SPV structures with an emphasis on fast approvals and efficient execution. The company states that qualifying SPVs can be reviewed within hours after submission. For managers running similar transactions repeatedly, this standardized process can provide consistency and speed.
- SPV Hub vs. Sydecar
SPV Formation
Both systems provide for ease of Delaware SPV formation while taking care of the necessary legal and administrative issues involved in SPV formation.
SPV Hub supports both single-asset and multi-asset SPVs while offering customized structures based on the complexity of each transaction. The platform also accommodates SAFE investments, convertible notes, equity investments, and various venture deal structures. This makes the platform well suited to managers who may need to adapt the structure of an SPV to the requirements of a particular investment.
Sydecar focuses on standardized SPV structures with an emphasis on fast approvals and efficient execution. The company states that qualifying SPVs can be reviewed within hours after submission. For managers running similar transactions repeatedly, this standardized process can provide consistency and speed.
- Flexibility and a personal approach
Which Platform Is Better?
This will depend upon your investment approach and operations.
SPV Hub
In case you require flexibility in structuring, transparent pricing, full-fledged capability, and practical assistance, then SPV Hub might suit you more. It is structured to be suitable for various types of investments, and it suits angel groups, syndicate groups, venture capital, family offices, and new fund managers.
Nevertheless, SPV Hub is preferable for those managers who value flexibility and a personal approach.
- Upfront, transparent pricing with no separate regulatory or distribution fee within the standard quoted pricing.
- Flexible structuring to accommodate different participant profiles, investment structures and specific SPV requirements.
- Highly approachable, hands-on support, with the ability to work through unique requirements rather than relying solely on a standardized workflow.
- End-to-end platform capabilities, covering investor onboarding, banking/payment tracking, documentation, compliance, tax/K-1 administration, portfolio monitoring and investor reporting.
- Ease of operations and human support, which is particularly important for managers who may have requirements that fall outside a standard SPV structure.
Sydecar
On the other hand, Sydecar is likely to suit better those individuals who need standardized technology, transparent pricing structure, and fast SPV set-up, as the platform provides the complete suite of functions like banking, onboarding investors, compliance, tax/K-1 management, and SPV management.
The standardization approach is meant for managers who seek a repeatable process for creating and managing investment vehicles while retaining most of the work process within one ecosystem.
Sydecar too offers customer support, while placing greater emphasis on a technology-led and standardized operating experience.
- Pricing, service, operational flexibility
Conclusion
Both Sydecar and SPV Hub are capable SPV platforms, but based on factors such as Pricing, service, operational flexibility, pricing transparency, ease of use and platform capabilities, SPV Hub can be a strong choice for managers looking for a more flexible and hands-on solution.
Nevertheless, SPV Hub is preferable for those managers who value flexibility and a personal approach.
This comparison is based on publicly available information from the respective platforms at the time of publication. Features, pricing, processes and services may change over time and may differ from the specific terms or solutions discussed directly with each provider. Readers are encouraged to confirm current pricing, features and requirements directly with the respective platforms.