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Sydecar vs. Carta

Sydecar vs. Carta

Other fund administrators slow you down. Sydecar speeds you up, so you can focus on sourcing deals rather than getting bogged down with legal templates, accounting, and compliance.

Other fund administrators slow you down. Sydecar speeds you up, so you can focus on sourcing deals rather than getting bogged down with legal templates, accounting, and compliance.

Other fund administrators slow you down. Sydecar speeds you up, so you can focus on sourcing deals rather than getting bogged down with legal templates, accounting, and compliance.

Trusted by Thousands of Venture Managers.

Assets Under Administration

800

800

800

800

Deal Sponsors (GPs)

20,000

20,000

20,000

20,000

LP Investments

LP Investments

LP Investments

1,000

1,000

1,000

1,000

Investment Vehicles

Investment Vehicles

Investment Vehicles

$1.1B

$1.1B

$1.1B

$1.1B

Assets Under Administration

Trusted by thousands of venture managers, Sydecar powers a rapidly growing share of private market activity. Our platform has scaled to billions in assets under administration, reflecting both the trust of our customers and the efficiency of our standards-first approach.

See How Sydecar Compares to Carta

Sydecar

Carta

Predictable and Affordable Pricing

Transparent 2% one-time fee for SPVs (minimum $4,500, maximum $12,500); includes formation, Blue Sky, banking, compliance, tax prep, and more

Annual admin fees vary based on SPV complexity; pricing is less predictable and can add up over time

Predictable and Affordable Pricing

Transparent 2% one-time fee for SPVs (minimum $4,500, maximum $12,500); includes formation, Blue Sky, banking, compliance, tax prep, and more

Annual admin fees vary based on SPV complexity; pricing is less predictable and can add up over time

Predictable and Affordable Pricing

Transparent 2% one-time fee for SPVs (minimum $4,500, maximum $12,500); includes formation, Blue Sky, banking, compliance, tax prep, and more

Annual admin fees vary based on SPV complexity; pricing is less predictable and can add up over time

State and Federal Filings

Form D + Blue Sky filings included up to $1,500

Certain filings are handled via third-party providers for an additional cost

State and Federal Filings

Form D + Blue Sky filings included up to $1,500

Certain filings are handled via third-party providers for an additional cost

State and Federal Filings

Form D + Blue Sky filings included up to $1,500

Certain filings are handled via third-party providers for an additional cost

Investor Onboarding & Compliance

Unlimited KYC/AML checks

60 investor KYC/AML limit

Investor Onboarding & Compliance

Unlimited KYC/AML checks

60 investor KYC/AML limit

Investor Onboarding & Compliance

Unlimited KYC/AML checks

60 investor KYC/AML limit

Responsive Customer Support

Real human support with an 8-hour SLA and 3.5-hour average response time; no bots

AI-powered help center handles initial inquiries; live support requires submitting a ticket or connecting during business hours; no public response time SLA

Responsive Customer Support

Real human support with an 8-hour SLA and 3.5-hour average response time; no bots

AI-powered help center handles initial inquiries; live support requires submitting a ticket or connecting during business hours; no public response time SLA

Responsive Customer Support

Real human support with an 8-hour SLA and 3.5-hour average response time; no bots

AI-powered help center handles initial inquiries; live support requires submitting a ticket or connecting during business hours; no public response time SLA

Tax Services

Prepare and distribute K-1s annually in-house

Prepared by a third-party provider

Tax Services

Prepare and distribute K-1s annually in-house

Prepared by a third-party provider

Tax Services

Prepare and distribute K-1s annually in-house

Prepared by a third-party provider

Secondary Transactions

Broad support for secondary SPVs, including investor-led deals, layered structures, multiple sellers, and LP interest transfers

Supports only company-led tender offers; SPV LP interest transfers are not generally allowed

Secondary Transactions

Broad support for secondary SPVs, including investor-led deals, layered structures, multiple sellers, and LP interest transfers

Supports only company-led tender offers; SPV LP interest transfers are not generally allowed

Secondary Transactions

Broad support for secondary SPVs, including investor-led deals, layered structures, multiple sellers, and LP interest transfers

Supports only company-led tender offers; SPV LP interest transfers are not generally allowed

What Emerging Managers are Saying about Sydecar

Why Sydecar Outperforms Other Platforms

01

Lightning-Fast Setup and Execution

SPV review and approval within 4 hours of submission, so you can move fast when timing matters

SPV review and approval within 4 hours of submission, so you can move fast when timing matters

Document signing and deal submission in just a few clicks with no manual coordination required

Document signing and deal submission in just a few clicks with no manual coordination required

Instant LLC creation, digital investor onboarding, and real-time bank account setup

Instant LLC creation, digital investor onboarding, and real-time bank account setup

Other Platforms

Days or weeks to spin up a new SPV or fund, and lots of back-and-forth with legal and operations.

All-In-One Platform with Built-In Compliance and Reporting

All-in-one platform for SPV and fund formation, with integrated banking, KYC, tax support, and investor onboarding

All-in-one platform for SPV and fund formation, with integrated banking, KYC, tax support, and investor onboarding

Template fund documents (LLCA, subscription agreements) drafted by world-class council

Template fund documents (LLCA, subscription agreements) drafted by world-class council

Standardized infrastructure ensures that tax returns are always accurate

Standardized infrastructure ensures that tax returns are always accurate

Manual compliance tracking, accounting, and tax reports lead to errors and late filings.

Predictable, Transparent Pricing

SPV fee starts at $4,500, covering entity creation, bank account setup, compliance checks, filings, and tax preparation; Blue Sky filings included up to $1,500.

SPV fee starts at $4,500, covering entity creation, bank account setup, compliance checks, filings, and tax preparation; Blue Sky filings included up to $1,500.

Sydecar doesn’t take a percentage of your carry, so you keep 100% of your upside

Sydecar doesn’t take a percentage of your carry, so you keep 100% of your upside

Flexible pricing enables a wide variety of deal sizes and ensures that your investors’ capital isn’t wasted on exorbitant transaction fees

Flexible pricing enables a wide variety of deal sizes and ensures that your investors’ capital isn’t wasted on exorbitant transaction fees

High platform fees, hidden charges, platforms that take a portion of your carry, or unexpected add-on charges that drive up costs.

Reliable, Responsive Support

Access to knowledgeable U.S.-based support representatives; no bots ensure quick resolutions

Access to knowledgeable U.S.-based support representatives; no bots ensure quick resolutions

8‑hour email response time guaranteed; average response time of just 3.5 hours

8‑hour email response time guaranteed; average response time of just 3.5 hours

Ticket-based or bot support with long response times, sometimes off-shored.

Ready to leave slow, manual processes behind?

Learn how Sydecar can help you form and manage SPVs and funds with speed, trust, and full-service support.

Ready to leave slow, manual processes behind?

Learn how Sydecar can help you form and manage SPVs and funds with speed, trust, and full-service support.

Ready to leave slow, manual processes behind?

Learn how Sydecar can help you form and manage SPVs and funds with speed, trust, and full-service support.