Flexible feeders and co-investment SPVs for fund managers

Expand your LP base through feeder structures. Strengthen relationships through co-investment SPVs.

founders dashboard deal page roundtable
€500M
Assets under Administration
450+
Investment Clubs
750+
Deals
600+
Deals
Benefits

Two solutions to scale your fund and strengthen LP relationships

Whether you need to lower fund minimums or offer deal-by-deal opportunities, we provide the infrastructure to do both.

Feeder funds: Lower minimums and expand your LP base

Accept €250K-€1M tickets through feeder vehicles while maintaining fund minimums

Aggregate smaller LPs into one clean ticket on your fund's cap table

Present professional fund structure while expanding reach to mid-sized investors

supercharge your fundraising

Co-investment SPVs: Deepen LP engagement deal-by-deal

Launch SPVs for select opportunities alongside your main fund

Exercise prorata rights from portfolio companies through dedicated vehicles

Offer out-of-thesis deals to LPs without compromising fund mandate

maximize time & resources

Streamlined operations for both structures

Digital LP onboarding with automated subscription documents

Unified capital call management across all vehicles

Single platform for fund, feeders, and SPV administration

secure your future rounds
Solutions

Two complementary structures, one unified platform

Manage feeders and co-investment SPVs through the same infrastructure with full compliance built in.

Create your private
deal page

Accept €250K-€1M commitments through feeder structure

One feeder entity on your fund's cap table, individual records maintained

Digital subscriptions, automated capital calls, streamlined distributions

create your deal page roundtable

Invite and manage investors

Launch co-investment SPVs in <1 week vs 1+ month

Exercise follow-on rights without using fund capital

Share opportunities outside fund mandate with interested LPs

invite and manage investors roundtable

Close your fundraising

Monitor fund, feeders, and SPVs from single dashboard

Built-in KYC/AML, e-signatures, regulatory documentation

Generate LP reports across all structures instantly

Close your fundraising roundtable

Create your private
deal page

Accept €250K-€1M commitments through feeder structure

One feeder entity on your fund's cap table, individual records maintained

Digital subscriptions, automated capital calls, streamlined distributions

create your deal page roundtable

Invite and manage investors

Launch co-investment SPVs in <1 week vs 1+ month

Exercise follow-on rights without using fund capital

Share opportunities outside fund mandate with interested LPs

invite and manage investors roundtable

Close your fundraising

Monitor fund, feeders, and SPVs from single dashboard

Built-in KYC/AML, e-signatures, regulatory documentation

Generate LP reports across all structures instantly

Close your fundraising roundtable

3 steps to launch either structure

Whether feeder or SPV, the process is the same: fast, digital, compliant.

01

Define structure

Set up feeder fund or co-investment SPV with your terms

02

Onboard LPs

Digital subscription with automated KYC and signatures

03

Close and manage

Collect commitments, execute capital calls, report distributions

Cheaper and faster than doing it yourself

One-time fee of 1.5% (min €10K) includes 10 years of administration.

By yourself

By yourself

SPV set up & management fees

SPV set up & mgmt fees

(10 years)

One off cost of 1.5% of the amount raised in the SPV (min €10k)* - only invoiced at SPV closing

*Excluding taxes

Starting at €20k

Time to set up

Time to set up**

1 week

1+ month(s)

Partial exit / Secondary sale

Partial exit / Secondary sale

1% of the secondary transaction*

*min 1k€/max €5k per investor
*Excluding taxes

Not available

Raising in another currency

Raising in other currency

(even if you raise in Euros, you can invest in 40+ currencies for free)

€1k*

*Only available for Luxembourg SPVs
*Excluding taxes

-

Testimonials

They talk about us

Léo Lemordant

Léo Lemordant

Celest Science

Without an SPV, I probably wouldn't have brought 15 investors around the table. I might have gone for 4 or 5 at most. With an SPV, governance is much simpler, so you can afford to multiply the profiles, expertise, and perspectives.

Nicolas Kipp

Nicolas Kipp

Credibur

Using Roundtable was so much more efficient – it definitely saved a lot of time, and probably some money, too. But most of all, it saved mental load. Not having to figure out all the solutions by myself was a huge relief.

Lennart Bock

Lennart Bock

Proxima Fusion

The process with Roundtable can actually be very fast. If all angel investors are ready, I'd say it could take a week or two at most. Things move forward very quickly.

Nicolas Marchais

Nicolas Marchais

m.ai

We're committed to finding founders with a team-first approach, humility, empathy, and ambition. These same values guide how we've built our business angel community on Roundtable, creating a circle of investors who share our vision.

Ferdinand Terme

Ferdinand Terme

Pletor

The idea that you can bring in as many angel investors as you want, without the usual hassle, is terrific. Angels aren't just about the money. Their real value lies in the expertise, the network, the support they bring to the table.

Thibaut Le Boulaire

Thibaut Le Boulaire

Gladia

That's what I really like about Roundtable: it was our intermediary, meaning that we were not in direct contact with each of the individual investors... From an operational standpoint, it's been a huge win and has saved us a lot of time and money.

Augustin Derville

Augustin Derville

Eclipse

One of the most useful features of Roundtable is the ability to track progress in real time. You can see who has signed up, reviewed the documents, and committed. It makes it easy to spot who's actually moving forward and who might drop out.

Pauline Glikman

Pauline Glikman

Payflows

Roundtable made it easy for us to do the angel part of our round. By handling KYCs, the fund collection and the admin related to setting up the SPV, we saved a lot of precious time

Eduardo Ronzano

Eduardo Ronzano

Kolet

The platform made it incredibly easy to manage this dual-SPV structure, as it was completely seamless for us as founders. We simply had two lines on our cap table instead of 40.

Rayan Nait Mazi

Rayan Nait Mazi

Pruna AI

Since we had European ambitions from day one, we intentionally sought out angels across multiple markets... Roundtable was particularly helpful – it made managing investors from different countries much easier.

Paul Rodrigues

Paul Rodrigues

Hectarea

I used Roundtable for our capital raise. It was perfect to allow small investors to invest through a dedicated SPV, get rid of paperwork and keep a clean cap table!

Olivier Xu

Olivier Xu

Pollen

Roundtable was incredibly helpful for our BAs in our seed round. They handled some of the most time consuming tasks and streamlined the whole process. Their Ops team provided valuable support whenever needed.

Ariel Renous

Ariel Renous

Augment

Using Roundtable has been seamless from the beginning to the end. The product is extremely user friendly, the team super professional and I got only compliments from my own investors.

FAQ

Common Questions

Everything you need to know about investing through Roundtable.

What's the difference between a feeder and a co-investment SPV?

A feeder aggregates LP commitments into your main fund, lowering effective minimums. A co-investment SPV offers LPs direct exposure to specific deals alongside (or outside) your fund.

Can we use both structures?

Yes, most fund managers use feeders to expand their LP base and SPVs for selective co-investment opportunities. Both are managed through the same platform.

What does Roundtable cost?

One-time fee of 1.5% of capital raised (min €10K) for each structure. No upfront platform fees. Includes setup, administration, capital calls, distributions, and 10 years of management.

What is the minimum investment size for feeders?

Feeder vehicles can accept investments starting at €250K, allowing you to onboard LPs who don't meet your fund's standard minimums while maintaining professional fund structure.

How quickly can we launch a co-investment SPV?

Co-investment SPVs launch in <1 week vs 1+ month traditionally. This speed allows you to move quickly on portfolio follow-ons and time-sensitive opportunities.

How do prorata SPVs work?

When portfolio companies raise follow-on rounds, create an SPV for LPs to exercise prorata rights collectively. This maintains ownership percentage in winning investments without using fund capital.

Have more questions?

Ready to grow your fund, not your back-office?

Set up feeders and SPVs seamlessly on Roundtable.

Book a demo