From SaaS shortlist to AI automation

Don't get left behind. Show Gralio how you work and our revolutionary new tool will return step-by-step guidance plus the exact software - or AI - to accelerate your work.

Logo of Sydecar

Sydecar

Website LinkedIn Twitter

Last updated on

Company health

Employee growth
26% increase in the last year
Web traffic
7% decrease in the last quarter
Financing
May 2024 - $27M

Sydecar description

Sydecar simplifies investment vehicle management, from initial setup to ongoing administration. It handles tasks like legal paperwork, banking, investor onboarding, and fund accounting, allowing investment managers to focus on dealmaking. Its software-driven approach aims to be efficient and cost-effective, and it emphasizes maintaining direct relationships with investors. Primarily targeting venture capital and private equity firms, Sydecar offers solutions for various deal structures, including SPVs and funds.


Who is using Sydecar?


Who is Sydecar best for

Sydecar streamlines investment vehicle management for VC and PE firms, handling tasks from legal paperwork to investor onboarding and fund accounting. This allows managers to focus on dealmaking, offering efficiency and cost-effectiveness while maintaining direct investor relationships.

  • Ideal for small to large investment firms (1-1000+ employees).

  • Best fit for Venture Capital and Private Equity firms.


Sydecar features

Supported

Sydecar enables the setup and management of SPVs.

Supported

Sydecar supports the creation and administration of investment funds.

Supported

Sydecar streamlines investor onboarding with KYC/AML and accreditation checks.

Supported

Sydecar manages fund accounting, prepares K-1 tax forms, and handles distributions.

Supported

Sydecar automates the creation of legal documents, including investment agreements.

Supported

Sydecar handles Form D and Blue Sky regulatory filings.

Supported

Sydecar integrates with banking services for efficient fund management.


Sydecar pricing

See the Sydecar pricing page.

SPV
$4500 one-time

2% one-time fee of the target raise amount (Minimum $4,500, maximum $12,500). Up to $1,500 in Blue Sky Fees included in SPV fee. $1,000 fee charged at the first distribution.

Pilot
$10000 per fund/year

0.3% of AUM with a $10,000 minimum annual fee. Covers up to 50 deals per fund.

Emerging Manager
$16000 per fund/year

0.2% of AUM with a $16,000 minimum annual fee. Covers up to 50 deals per fund.

Venture
$32000 per fund/year

0.1% of AUM with a $32,000 minimum annual fee. Covers up to 50 deals per fund.

Custom
Custom

Negotiable % of AUM and minimum annual fee. Covers unlimited deals per fund.


Sydecar alternatives

  • Logo of SerVC
    SerVC
    Manage VC funds, track deals, and gain portfolio insights.
    Read more
  • Logo of XQ Fundy
    XQ Fundy
    Manage real estate and private equity funds with ease.
    Read more
  • Logo of InvestNext
    InvestNext
    Streamlines real estate investment management, from fundraising to distributions.
    Read more
  • Logo of Cash Flow Portal
    Cash Flow Portal
    Manage real estate investments, raise capital, and keep investors happy.
    Read more
  • Logo of VESTBERRY
    VESTBERRY
    Centralized VC portfolio management and automated LP reporting.
    Read more
  • Logo of Carta
    Carta
    Equity management, valuations, and investor relations. Modern cap table.
    Read more

Sydecar FAQ

  • What is Sydecar and what does Sydecar do?

    Sydecar streamlines investment vehicle management for venture capital and private equity firms. It automates tasks like legal paperwork, investor onboarding, and fund accounting, enabling managers to focus on dealmaking. Sydecar offers solutions for both SPVs and funds, emphasizing efficiency and direct investor relationships.

  • How does Sydecar integrate with other tools?

    Sydecar integrates with banking services for efficient fund management and automates legal document creation. It also handles regulatory filings (Form D and Blue Sky) and manages fund accounting, including K-1 tax forms and distributions. It streamlines investor onboarding with KYC/AML and accreditation checks.

  • What the main competitors of Sydecar?

    Top Sydecar competitors include Juniper Square, InvestNext, and Cash Flow Portal. These platforms offer similar fund administration solutions for private equity and venture capital firms seeking streamlined operations and investor management. SerVC and XQ Fundy also provide comparable fund management tools.

  • Is Sydecar legit?

    Yes, Sydecar is a legitimate software solution for investment vehicle management. It simplifies tasks like legal paperwork and investor onboarding, primarily targeting venture capital and private equity firms. Sydecar's software-driven approach aims for efficiency and cost-effectiveness.

  • How much does Sydecar cost?

    Sydecar's pricing model is flexible and depends on the specific services used. While there's no fixed price, there are various fees for SPVs and funds, including surcharges for non-US investments, one-time setup fees, and distribution fees. Contact Sydecar for a customized quote based on your individual needs.

  • Is Sydecar customer service good?

    There is no information available about Sydecar's customer service quality.


Reviewed by

MK
Michal Kaczor
CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

TT
Tymon Terlikiewicz
CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.