Learn more about common financial (and startup) terms here. To learn more about Pilot, fill out the form below.
A special purpose vehicle (SPV) is a business entity, often a limited liability company (LLC) or limited partnership (LP), that’s created for a specific purpose, such as investing in a startup.
As a founder, you may encounter SPVs when you’re trying to raise money. Some VC firms or groups of angel investors may create an SPV, such as a roll-up vehicle (RUV). They invest in the RUV, which then invests in your company. And because LLCs and LPs are pass-through entities, all the income and losses get passed through to the members that are part of the SPV.
You may also be able to benefit from investors’ using an SPV because you’ll only have to manage the paperwork for one deal and all the funding gets added to your cap table on a single line.
Pilot provides bookkeeping, CFO, and tax services for literally thousands of startups and growing businesses. We've successfully processed over 10 million transactions for our customers and have unparalleled expertise when it comes to helping businesses succeed.
We're the largest startup-focused accounting firm in the United States, and we'd love to help you. To talk to an expert on our team and find out what Pilot can do for you, please click "Talk to an Expert" below, or email us at info@pilot.com.
Get the peace of mind that comes from partnering with our experienced finance team.