Fundraising as an emerging manager? Your pitch is more than just a deck. In today’s competitive landscape, standing out to LPs requires more than a compelling slide deck. It’s about crafting a compelling narrative, clearly articulating your differentiation, and leveraging your network effectively. That’s why we’re bringing together top investors for our Sydecar Session, "Standing Out as an Emerging Manager: The Pitch" next Wednesday, February 19 at 3PM ET—and we’ve just added a powerhouse panelist. Introducing Jenny Barba, Co-Founder & Managing Partner of Features Capital: Jenny brings 25+ years of experience financing MedTech innovation and has been named a top woman in venture to watch by the NVCA. Jenny joins: -Jamie Rhode, Panelist (@Lady10x) (Partner, Screendoor) -Benedikt Langer, Panelist (Founder, Embracing Emergence) -Halle Kaplan-Allan, Moderator (Director of Growth, Sydecar) Together, they’ll share insights on: 💡 How to differentiate yourself with and beyond the slide deck 💡 The role of a personal brand in attracting LPs 💡 How to keep LPs engaged with strategic updates 💡 Best practices for leveraging your network effectively Register now and secure your spot:

GP: Want to refine your pitch and stand out to LPs? Fundraising is more competitive than ever, and having a great deck is imperative, but it's not enough. To win over LPs, a successful pitch requires you to craft a compelling narrative, showcase your unique edge, and communicate your fund’s value with confidence. In our upcoming Sydecar Session, we’re diving into exactly what LPs look for—and how you can position yourself for success. Join Jamie Rhode, CFA (Partner, Screendoor) and Benedikt Langer (Founder, Embracing Emergence) as they share actionable strategies on: ✅ Differentiating yourself beyond the slide deck ✅ Building a personal brand that resonates with LPs ✅ Crafting investor updates that keep momentum going ✅ Leveraging your network effectively to gain an edge 📅 Wednesday, February 19th | 3PM ET Sign up now:

From Tech Operator to Venture Capitalist: Meet David Yakobovitch David Yakobovitch (@dyakobovitch) started his career scaling AI and data products at startups and Google. In 2019, he took the leap into venture capital by launching DataPower Ventures, driven by his passion for investing in standout founders and teams. Fast forward to today, DataPower Ventures has built a portfolio of 30+ early-stage companies, including big wins like Ash Wellness. And with the launch of his first fund on Sydecar’s Fund+ platform, David can move faster, invest smarter, and offer even more support to the companies he believes in. Read more about DataPower Ventures, including David’s unique use of an operating partner network to provide hands-on assistance to the companies he invests in, on our blog:

We're excited to announce that we're hiring for a Senior Growth Marketing Manager in our NYC office. Check out @halleka_'s post below for more details.

Last night, we had the incredible opportunity to celebrate Sydecar’s Series A with the people who have made this journey possible—our team, customers, partners, investors, and broader Sydecar community. A group of over 40 gathered at Lulla NYC for a chance to reflect on how far Sydecar has come and look ahead to what’s next. More than anything, it was a moment to say thank you—to those who have trusted us, worked alongside us, and supported us in building the infrastructure that powers private markets. This milestone is just the beginning. We’re excited for what’s ahead, and we’re grateful to have this community with us as we continue to grow. Check out some of the highlights from the night below.

Securing stakes in high-growth AI and defense companies is no easy task—especially for emerging funds. Ana Levine and E1 Ventures (@e1_ventures) found a way in through the secondary market, leveraging a strong network and strategic due diligence to access blue-chip opportunities. By combining deep industry expertise, building trust-based relationships with company executives (including hosting fun events), and streamlining their investment process with Sydecar, E1 Ventures has closed over 10 deals and increased investor participation.. Read the full blog post here to learn how to minimize the J-curve through secondary deals:

Fundraising as a General Partner is more competitive than ever, making it essential to differentiate yourself from the crowd. In our upcoming Sydecar Session, you'll learn what LPs look for in a pitch and how to stand out with and beyond the slide deck. Our panelists include Jamie Rhode (@Lady10x), Partner at Screendoor, and Benedikt Langer, founder of Embracing Emergence and seasoned investor with experience in VC and private lending. Join us on Wednesday, February 19th at 3P ET as we discuss positioning your unique edge, building a compelling personal brand, crafting meaningful updates, and leveraging your network effectively. Whether you're actively raising funds or preparing for the future, this webinar will provide you with practical tools to leave a lasting impression. Sign up today:

Emerging Fund Managers: Do you know your DPI? Distributions to Paid-In Capital (DPI) is one of the most important metrics for measuring fund performance and building trust with LPs. Understanding how to use it to your advantage is essential for demonstrating your fund’s value and driving results. This month’s Sydeletter dives into: -What DPI is and how to calculate it. -The difference between gross DPI and net DPI, and why LPs care about it. -How smaller funds can generate higher DPI through faster liquidity events. -Common DPI pitfalls, like selective reporting, and how to avoid losing credibility with LPs. Subscribe to Sydeletter now to get the full edition delivered straight to your inbox:

What’s Next for Private Markets? Private markets are evolving and Sydecar is poised to lead the way. As noted in Yahoo Finance, "Sydecar’s Series A funding will be used to expand the company’s product suite, reach new customers, and scale distribution through new channel partners." We're also eager to bring the benefits of our infrastructure beyond venture to other areas of the private markets. We're really excited for 2025 and beyond, and we wouldn't have gotten to where we are without the unwavering support of our customers, partners, investors, and team members. For more details on our Series A and our upcoming plans, check out the full article from Yahoo Finance: Thank you to everyone who has been along for the ride so far. The best is yet to come.

Distributions to Paid-In Capital (DPI) is one of the most important metrics for measuring fund performance and building trust with LPs. But how do you calculate it, what does it really tell LPs, and how can you improve yours? Tomorrow's Sydeletter breaks it all down with actionable insights and expert tips to help emerging fund managers use this metric to their advantage. Subscribe to Sydeletter today to get the full guide delivered straight to your inbox tomorrow:

We’re kicking off 2025 with product updates designed to improve the investing experience for deal leads and LPs alike. Here’s a quick look at what’s new: ✅ Unlimited Investor Invitations: Invite as many potential investors as you want while staying compliant with regulatory requirements. ✅ Investor Compliance Automation: KYC/EDD checks are now on autopilot, streamlining workflows and reducing delays. ✅ Target Company Sanctions Screening: Strengthened risk management with sanctions checks integrated into the deal approval process. ✅ Fund+ Improvements: Quickly access critical details like wire instructions and control person names for smoother, more efficient commitment management. Read the full post on our blog and see how these updates can streamline your investment processes:

A Community-Driven Vision At Sydecar, community is core to our mission. With the trust and support of our customers, partners, and team members, we’ve built a platform that makes private investing more accessible, transparent, and easy. As our CEO, Nik Talreja (@niktalreja), said in a recent Morningstar article, “We remain committed to our venture customers and community, and with the support of our investors, we will continue delivering best-in-class products and experiences. We are one step closer to achieving our mission of building the infrastructure that powers private markets.” Heading into the new year with a fresh round of fundraising, we're more committed than ever to building deeper connections with our customers, partners, and the venture ecosystem. We're here to support you as you scale. Read more about our recent fundraising round and our upcoming plans in the article from Morningstar:

Less Time, More Deals Our customers’ feedback has always been clear: they want to focus on investing, not admin. That’s why we’re laser-focused on making it simple for emerging managers and their investors to close deals seamlessly, saving them countless hours of operational and administrative work. As noted in the recent Axios feature on our Series A, over 1,200 SPV and fund managers have closed deals on Sydecar’s platform. In total, these managers have closed more than 2,500 SPVs, freeing up valuable time for them to focus on building strong relationships with investors and expanding their portfolios. Thanks to Lucinda Shen (@ShenLucinda) of Axios for covering this milestone for us. Read the full article here:

Exciting News! We’re kicking off 2025 with a bang by announcing our Series A, led by Deciens Capital (@Deciens) and supported by Pipeline Capital Partners and Runa Capital (@RunaCapital). We are so grateful to our customers, partners, investors, and team members for getting us to this milestone and trusting us to build the infrastructure that powers private markets. Since Sydecar launched in 2021, we've grown into the leading SPV and fund administration platform for emerging venture capitalists. SPV and fund managers have closed thousands of investment vehicles through Sydecar, investing over $1.6B through our platform. This additional funding will provide us with more opportunities to create value for our customers and community. We’re investing in tools and features that will streamline workflows, support complex transactions, and lead to stronger connections across the ecosystem. And we’re just getting started. Read more about our Series A funding round and what’s next for Sydecar here:

Is percent ownership the most important variable in emerging manager portfolio construction? Maybe not. Josh Haberman from Synthesis Ventures (@SynthesisV) shared in the clip below a slightly different viewpoint than what you may be used to hearing. Sydecar has been proud to partner with our friends at Venture5 Media to bring these insights to the emerging manager community through their Emerging Manager Spotlight webinars.

In this clip from the "Secondaries and the Emerging Manager Ecosystem" webinar—hosted by Venture5 Media and supported by Sydecar as part of the Emerging Manager Spotlight series—Javier Avalos (@JavierCAvalos), Co-Founder and CEO of Caplight, highlights the growing role of SPVs in the secondary market. He shares that SPVs accounted for 40% of secondary transaction volume in the first half of the year—up from 20% in 2021—representing nearly $2 billion in reported deals through Caplight. Javier emphasizes that platforms like Sydecar, which focus on standardizing deal structures, play a crucial role in driving transparency and reducing hidden fees, making it harder for bad actors to thrive in the market. To learn more about how Sydecar supports secondary transactions, check out our secondaries page here:

Earlier this month, Sydecar and Monark Markets teamed up to host "Unlocking Capital” panel. We were thrilled we could bring together an impactful group dedicated to advancing private market infrastructure. This event coincided with the launch of our strategic partnership with Monark Markets, which leverages Sydecar's digital fund admin and ledger capabilities, combined with Monark's API stack and alternative trading system, to deliver a holistic offering that covers the entire transaction lifecycle for investing in private company shares. We’re excited to grow a community that is committed to our shared vision and look forward to working together to streamline the distribution of alternative investments at scale.

Over the past decade, the secondary market for venture-backed startups has exploded, increasing sevenfold from $3 billion in transaction volume to over $21 billion in 2024, according to Bloomberg. Their recent article, "How OpenAI, Stripe, Databricks, and SpaceX Get Employees Paid," states that this substantial rise underscores a shift away from traditional IPOs, with companies like OpenAI, Stripe, Databricks, and SpaceX opting for tender offers to compensate and retain their employees. By enabling direct share sales to new investors, these companies use the growing appeal of secondary transactions to provide liquidity in a market increasingly moving away from public offerings. The secondary market's expansion is fueled by various investors, including family offices, venture capitalists, and specialized secondary firms. Regularly organized tender offers, such as those by SpaceX, help manage employee expectations around stock compensation, offering a practical solution to the challenge of holding high-value but non-liquid shares. This transformation in equity compensation strategies highlights a significant evolution in tech financing, marking a departure from the IPO-centric approach of the past. For more on tender offers and how Sydecar supports secondary transactions, check out our newest blog article:

Fed rate cuts are here—what does that mean for VCs? Lower interest rates can boost fundraising, drive valuations higher, and fuel exits, but they also bring challenges like increased competition. In our latest Sydeletter, we break down: -How rate cuts--and increases--impact fundraising and deal flow -The sectors seeing the biggest effects -What Sydecar’s data says about rate changes Get the full Sydeletter in your inbox. Sign up here: