What do I need to complete in order to close my deal?

When you are ready to request ‘Close Investment’ and all funds are accounted for, our team will counter-sign on behalf of the SPV and wire the funds to the target. Here are the items we need to proceed with closing the investment.

1. Wire Instructions & e-sign Investment agreements have been collected from the target company.
   1. Our team will reach out to the contact point provided in the ‘Company Info’ section of your deal for verified wire instructions through our third-party wire verification provider. This insures the wire in full for up to 21 days.
   2. Sydecar will then request the e-sign investment agreement be sent to operations@sydecar.io and provide the signature block for the SPV.
2. All KYC/AML items have been addressed.
   1. Each investor will need to have passed KYC in order to close. Our team will contact each Investor as we look to close the investment to ensure each participant has provided the necessary information regarding their individual or entity identity.
3. All funds have been accounted for.
   1. We are unable to finalize the close until the SPV has completed its fundraise. Sydecar offers a single-close SPV vehicle, so pPlease reach out to operations@sydecar.io if you would like to propose a second closing, in which you will need to create an entirely new SPV.
4. All non-participating Investors have been removed from the cap table.
   1. To do so, please select the checkbox next to their name, and delete them from the deal. 
5. Select ‘Close Investment’ at the top of your deal page!
   1. This will prompt our team to counter-sign all investment-related, documents, wire the funds, formally signifying the close of the SPV. No additional funds will be received or sent to the SPV once the deal has been completed.