Once you submit a new deal, we will review the information provided and approve the deal or request additional information.
Our team will review your new deal to ensure that the information provided in Sydecar agrees with the investment documents you uploaded to the deal.
The main items covered in our review include:
- The deal is set up correctly as a direct investment, secondary transaction or investment into another SPV or fund.
- The legal name of the portfolio company and its jurisdiction match the documentation provided.
- The security type and deal terms entered in Sydecar match the documentation provided.
- The investment is denominated in USD and is not in a jurisdiction or industry that we cannot support.
Our review is generally completed within 4 hours after you submit the deal. If the deal is sent back to you for more information, you will receive an email with more details. Please address the item(s) in our email and re-submit your deal for review. If the deal is approved, we will obtain an EIN for the SPV and countersign the LLCA. You will receive an email notification of the approval and you can then begin inviting investors to the deal!