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General VC Questions

Are there any SPV providers in Canada?

Asked by:
Community Member
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Jun 11, 2024
I have been doing a lot of research and can't seem to find any Canadian equivalents to Angelist, Carta, and Sydecar. 

Brightspark Capital utilizes SPVs, and I know they are creating a beta SPV product, but it's currently not released publicly. 

I am based out of Toronto, and aiming to invest in mostly Canadian & US startups. I wanted to do syndicates to help build up the track record, but again, I've been struggling to find a provider here in Canada. 

If anyone has any leads for a provider, let me know!
1 answer
0
Adeo Ressi
Accepted Answer
Oct 28, 2024
In general, the fund admin capabilities of Canada are lacking the volume and professionalism of vendors that you see in other established fund domicles. You may want to consider working with a reasonably priced law firm or use the US for your SPVs. 
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