What Are SPVs? A Simple Guide for Startup Investors | AngelSchool

Special Purpose Vehicles (SPVs) have become one of the most efficient and founder-friendly ways for angel investors to participate in high-growth startups. At AngelSchool, we simplify SPVs so emerging and seasoned investors can pool capital, access better deal flow, and invest with confidence — without the operational burdens that traditionally accompany startup funding. An SPV is a dedicated investment entity created specifically to invest in a single startup. Instead of multiple angels appearing on a company’s cap table, the SPV enables them to combine resources into one clean entry, making the fundraising process smoother for founders and far more accessible for investors. With lower minimums, transparent structures, and streamlined documentation, SPVs allow investors to participate in competitive deals that might otherwise be out of reach.