Independent Venture Managers: The Data Behind Deal-by-Deal Investing

Deal-by-deal investing was once seen as a stepping stone, a way to build a track record before raising a committed fund. Sydecar's platform data tells a different story.

A growing share of managers now run their entire investment strategy through SPVs, and they're doing it at a scale that rivals managers running committed-capital venture funds. This report looks at who these managers are, how they raise capital, who funds them, and what kinds of deals they pursue, revealing a professional, permanent segment of the venture market.

Access the full report to see the data behind the shift.