For the complete documentation index, see llms.txt
For the complete documentation index, see llms.txt
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How an SPV invests in your company (LLC series structure, early bird SPV, and admin fees)
## How SPVs work
An SPV, or "special purpose vehicle," is an entity that is set up for the sole purpose of investing in your company. We'll set up a new series of an LLC to function as the SPV, which investors pool their capital into. The SPV then invests in your company as 1 entity. (If you include early bird/VIP Member terms in your raise, we’ll use a 2nd SPV to hold your early bird investors.)
## SPV maintenance and fees
Maintenance of the SPV is included in the standard $1K annual admin fee.
For LLCs taxed as partnerships, the fee may be different. See our [full explainer here](https://help.wefunder.com/hc/t6vc02j1gl/article/ede4b3be-spvs-taxes-and-fees) for more.
