If you are evaluating Sydecar for your next SPV, here is their pricing exactly as published on sydecar.io/pricing as of July 2026, plus what it means in practice at different deal sizes. Nothing in this article is estimated. Where Sydecar does not publish a number, we say so.
The headline pricing
Sydecar charges a one-time fee of 2% of capital raised, with a floor of $2,500 and a cap of $12,500, plus a $2,000 regulatory fee. Their published starting price is $4,500 (the $2,500 minimum plus the $2,000 regulatory fee).
Capital raised | 2% fee | Regulatory fee | Total | Effective % |
|---|---|---|---|---|
$125,000 or less | $2,500 (floor) | $2,000 | $4,500 | 3.6%+ |
$250,000 | $5,000 | $2,000 | $7,000 | 2.8% |
$500,000 | $10,000 | $2,000 | $12,000 | 2.4% |
$625,000+ | $12,500 (cap) | $2,000 | $14,500 | 2.3% or less |
$2,000,000 | $12,500 (cap) | $2,000 | $14,500 | 0.7% |
Two structural takeaways from the math:
Below roughly $500K, Sydecar is percentage-priced. The 2% model means your fee scales with your raise until you hit the $12,500 cap around $625K.
Above $625K, it behaves like a flat fee of $14,500 all-in.
Sydecar takes no carry and advertises no hidden fees or renewals.
What is included
Per their pricing page: end-to-end SPV formation, complete back-office administration, K-1s and tax filings, KYC/KYB/AML, banking and accounts, carry sharing, digital investor onboarding, Form D and Blue Sky filings, private data rooms, investor communication tools, and in-kind distributions.
The add-ons
Add-on | Fee |
|---|---|
Non-US investments | $3,000 |
Additional closes | $3,000 |
US pass-through entities | $3,000 |
First distribution fee | $1,000 |
Note the pattern: a deal with international elements or multiple closes adds $3,000 per item, and your first distribution costs $1,000. A $250,000 SPV with a non-US investment and one additional close would run $7,000 base plus $6,000 in add-ons plus $1,000 at first distribution: $14,000 total, or 5.6% of the raise.
Sydecar by the numbers
From their published platform stats: around 800 deal sponsors, 20,000 LP investments, 1,000 investment vehicles, and $1.1 billion in assets under administration.
Sydecar vs AngelList vs Allocations on price
Using each platform's published pricing as of July 2026:
Sydecar | AngelList | Allocations | |
|---|---|---|---|
Model | 2% of raise ($2,500 to $12,500) + $2,000 | Flat $8,000 + $2,000 | Flat $9,950 |
$150K raise | $5,000 | $10,000 | $9,950 |
$500K raise | $12,000 | $10,000 | $9,950 |
$1M+ raise | $14,500 | $10,000 | $9,950 |
Platform carry | None | 5% on Meridian-attributed LPs | None |
Non-US investment add-on | $3,000 | $1,000 (international) | Included on standard structures |
Distribution fees | $1,000 first distribution | None published | Included |
The honest read: Sydecar is the cheapest option for small SPVs (under roughly $400K, where its 2% fee beats both flat-fee models). At $500K and above, flat-fee platforms win, and the gap widens as the deal grows. Add-ons can flip the comparison either way, so price your specific deal, not the headline number.
Where Sydecar fits
Sydecar has built a strong reputation for clean, standards-first SPV execution on straightforward US venture deals. Its published customer base and $1.1B in assets under administration reflect real traction with syndicate leads and emerging managers.
The considerations that push managers elsewhere tend to be scale-related: percentage pricing on larger vehicles, per-item add-ons for non-US elements and additional closes, and the need for a path from SPVs into full fund administration. If you are running one or two small US deals a year, Sydecar's floor pricing is hard to argue with. If you are running larger or recurring vehicles with international LPs, model the full lifecycle cost before choosing.
Frequently asked questions
How much does a Sydecar SPV cost? 2% of capital raised, between $2,500 and $12,500, plus a $2,000 regulatory fee. Published starting price is $4,500 total.
Does Sydecar take carry? No. Sydecar's published pricing includes no platform carry.
Are K-1s included in Sydecar's fee? Yes, K-1s and tax filings are listed as included in the one-time fee.
What does Sydecar charge for international investments? Non-US investments are a published $3,000 add-on. Additional closes and US pass-through entities are also $3,000 each, and the first distribution carries a $1,000 fee.
What is the cheapest SPV platform? For raises under roughly $400,000, Sydecar's 2% model is typically cheapest. For larger raises, flat-fee platforms like Allocations ($9,950) undercut the $14,500 Sydecar maximum.
All Sydecar figures are from sydecar.io/pricing as of July 13, 2026. AngelList figures are from angellist.com/pricing/spvs as of the same date. Pricing changes over time; verify current terms with each provider. This article is for informational purposes only and is not investment, legal, or tax advice.
Allocations gets you from idea to funded SPV in days — not weeks.
Author
Addhyan Negi
Director of Marketing, Allocations
Addhyan leads marketing at Allocations, a fintech platform for SPVs and fund administration, where he's spent the last few years building organic growth and content strategy across private markets. He writes about pre-IPO investing, fund structures, and the mechanics of how private companies actually get bought and sold. Outside of work, he's usually deep in the latest frontier AI models or listening to Punjabi music.
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