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Pricing calculator

Venture FundsSPVs

SPV pricing calculator

Understand what it costs to run your SPV. See the Pricing page for details.

One time fees

Target investment amount
—
Setup fee
$8k standard; $5k for follow-on investments
—
Add-ons
$0
Blue sky fees
$2,000
10% fee cap (excludes add-ons)
AngelList waives fees that exceed 10% of the total raise
—
Estimated total fees paid by LPs
—
Target raise
—

Calculate base pricing

Minimum allocation is $72,000

Calculate add-on cost

Self-advised SPV
Formation documents and back-end setup required to accommodate self-advised SPVs.
$1,000
International investments
Investments into non-US-domiciled companies.
$1,000
Crypto assets
Select for token warrants, SAFT, SAFTE, token purchase agreements.
$2,000
Blocker setup
Fund blocker to invest in passthrough investments.
$6,000
3(c)(7) Parallel fund
3(c)(7) QP parallel fund for SPVs over the 249 LP limit.
$12,000
Annual financial statements
Unaudited financial statements and capital account statements.
$10,000
New Master Limited Partnership formation
AngelList offers the use of a common Master LP for all SPVs at no additional charge. For a one-time fee, we can form and maintain new Master LPs in Delaware specifically for your Syndicate’s use.
$4,000
Your estimate

SPV

Transparent pricing, so you know your costs upfront.

One time fees

Target investment amount
—
Setup fee
$8k standard; $5k for follow-on investments
—
Add-ons
$0
Blue sky fees
$2,000
10% fee cap (excludes add-ons)
AngelList waives fees that exceed 10% of the total raise
—
Estimated total fees paid by LPs
—
Target raise
—

What’s included

What’s included
  • GP Portfolio & Investment Dashboard
  • Digital deal term review
  • Legal SPV formation
  • SPV filings
  • Bank account setup & management
Accounting and tax
  • SPV accounting
  • SPV taxes
  • Investor K-1 preparation
Investor services
  • Digital investor closing
  • LP portal and data room
  • Investor K-1 distribution
Investment management
  • Share carry via deal partners
  • Deal closing workflows
  • Transfers & distributions
  • Transaction review & execution
  • Valuation support
Get started

Details

Blue sky fees
Flat passthrough rate of $2k for state regulatory, or blue sky fees.
Fees are capped
Total SPV fees are capped at 10% of the raised amount, excluding add-on service fees.
72k investors
Elect to grow your LP base by submitting your SPV to Meridian, AngelList’s capital marketplace.

Start deploying capital when you’re ready

Set up your free Syndicate profile and launch your SPV to start investing in opportunities, on your time.

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The information contained herein is provided for informational and discussion purposes only and is not intended to be a recommendation for any investment, service, product, or other advice of any kind, and shall not constitute or imply an offer of any kind. Any investment opportunities and/or products or services shown here will only be completed pursuant to formal offering materials, a letter of intent, and/or any other agreements as determined by AngelList containing full details regarding risks, minimum investment, fees, and expenses of such transaction. The terms of any product, service, or particular investment opportunity, including size, costs, and other characteristics, are set forth in the applicable constituent documents for such product, service or particular investment opportunity and may differ materially from those presented in this presentation. Such terms are subject to change without notice. For more information on AngelList and its products and services, please see here.

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