FAQs

Answers to our most frequently asked questions are just a click away

To help you better understand our products and services, we have compiled answers to the most frequently asked questions. Whether you are setting up an SPV, looking for details on fund administration, or exploring our platform’s features, find the answers you are looking for here.

Angel Syndicate FAQs

Where is the SPV (Special Purpose Vehicle) for the Angel Syndicate domiciled?

The SPV is domiciled in Singapore, a preferred investor destination known for fast setup and attractive tax benefits.

How is an Angel Syndicate different from an SPV?

An Angel Syndicate is a specialized SPV designed specifically to pool angel investors for startup or venture investments.

How is the Angel Syndicate different from Comet?

Angel Syndicate offers more flexibility with up to 50 investors, broader investment options, and a 10-year service—compared to Comet’s 15-investor limit, restricted investment types, and 5-year coverage.

Who are the typical users of the Angel Syndicate?

Angel Syndicates are usually set up by Syndicate Networks, Angel Groups, and Fund Managers.

Can I as a Syndicate Lead charge an annual management fee to my investors?

Since Angel Syndicates are unregulated, Syndicate Leads cannot charge an annual management fee but can charge a one-time opportunity fee and a carry/profit share.

How long does it take to set up an Angel Syndicate SPV?

An Angel Syndicate SPV can be set up in under 48 hours once you submit your SPV details on our Portal and pay the initial invoice.

Why should I choose Auptimate over other solutions or platforms?

Auptimate is the only all-in-one solution offering SPVs domiciled in Singapore. Each SPV is a separate legal entity owned by the Syndicate Lead and can be transferred to another provider anytime.

Can I invest in multiple startups with the Angel Syndicate?

No, an Angel Syndicate is structured for deal-by-deal investments, allowing only one investment per syndicate.

Can US investors invest in an Angel Syndicate?

Yes, investors from any country, including the US, can invest in an Angel Syndicate.

Does the Angel Syndicate have a bank account?

Yes, Auptimate has partnered with Finmo,  an MAS-licensed Master Payment Institution, to provide a separate digital payment account for each SPV.

What currencies does the Angel Syndicate support?

We support all major currencies, including USD (US Dollars), EUR (Euros), GBP (British Pounds), and SGD (Singapore Dollars).

Comet FAQs

How does Comet differ from the Angel Syndicate SPV?

Comet is a low-cost SPV for syndicates with deals under $100K, limited to 15 investors and 5 years of service, while Angel Syndicate SPV supports larger deals, up to 50 investors, entity investors, no investment cap, and 10 years of service.

Can I customise the carry fee?

The carry on Comet SPV cannot be customised per investor.

Can the Investor be an entity or an individual?

Currently, Comet is open to investment from individual investors.

What happens to the Comet SPV after 5 years, and what will the fees be?

After the 5th year, Auptimate can continue to provide services to the Comet SVP for a compliance fee of US$ 750 per year.

Can US investors invest in the Comet SPV?

Yes, investors from any country, including the US, can invest in Comet.

How long does it take to set up Comet?

Comet can be set up in under 48 hours once you submit your SPV details on our Portal and pay the initial invoice.

Founder SPV FAQs

Can a Founder SPV have investors investing from anywhere in the world?

Yes, investors from anywhere in the world can invest in a Founder SPV, provided they comply with relevant regulations.

Founder SPVs are commonly structured as private company limited by shares to provide liability protection and flexibility.

How does the Founder share the reports with the stakeholders?

Founder SPV delivers in-depth reports that enhance transparency and strengthen trust with your investors. Our robust reporting tools keep all stakeholders informed and up-to-date on your fundraising progress.

Do all the founders have to be part of the SPV?

Not all founders need to be part of the SPV; participation can vary based on individual agreements and roles within the startup.

What is Founder SPV, and who can benefit from it?

Founder SPV is a specialized product from Auptimate designed to streamline the fundraising process for startup founders. It is ideal for founders looking to efficiently manage their fundraising efforts, automate administrative tasks, and build strong relationships with investors.

How quickly can I set up an SPV with Founder SPV?

With Founder SPV, you can launch an investment vehicle with an integrated bank account in under 48 hours after submitting your SPV details and paying the initial invoice. Our platform ensures swift setup, letting you deploy capital right after investor funding.

How does Founder SPV automate banking and compliance?

Founder SPV automates essential aspects of banking and compliance, including account setup, transaction handling, and regulatory adherence. This automation ensures that these critical elements are managed efficiently and accurately, reducing the risk of errors and delays.

Can Founder SPV help with contract management?

Absolutely. Founder SPV simplifies the creation, management, and execution of contracts. Our platform ensures that all contractual obligations are met, reducing the risk of errors and delays in the fundraising process.

How does Founder SPV ensure efficient capital deployment?

Founder SPV enables quick and efficient capital deployment by allowing you to allocate funds as soon as your investors have signed and wired their contributions. This ensures that your fundraising efforts are not hindered by delays.

What kind of reporting does Founder SPV provide?

Founder SPV provides comprehensive and detailed reports that help you maintain transparency and build trust with your investors. Our reporting features ensure that all stakeholders are informed and up-to-date on the status of your fundraising efforts.

Venture SPV FAQs

How much is the one-time fee to start using Venture SPVs?

The one-time setup fee for a Venture SPV starts at US$ 2,000.

How does Venture SPV differ from Founder SPVs?

Venture SPVs offer flexible deal structuring for professional investors, supporting complex strategies while maintaining the same ease and efficiency as our other SPV solutions.

What happens to the SPV if the main company goes into debt?

If the main company goes into debt, the SPV remains a separate legal entity, protecting its assets and investments from direct impact by the company’s financial troubles.

Can Venture SPV be automated like Angel and Founder SPVs?

Yes, our platform assists in automating your investment processes, offering seamless management and investor onboarding.

What is Venture SPV, and who can benefit from it?

Venture SPV is a specialized product from Auptimate designed to streamline the formation and management of investment vehicles. It is ideal for Venture Capital Fund Managers and Licensed Fund Managers in Singapore.

How quickly can I set up an SPV with Venture SPV?

With Venture SP, you can launch an investment vehicle with an integrated bank account in under 48 hours after submitting your SPV details and paying the initial invoice. Our platform is designed to expedite the setup process, allowing you to start coordinating deals swiftly.

How does Venture SPV ensure the privacy of my deals?

Privacy is a cornerstone of Venture SPV. Your investment opportunities are only visible to individuals you personally invite. Auptimate does not share your investors’ information with other syndicates or venture capital firms, ensuring that your deals remain confidential.

How do investors commit and wire capital using Venture SPV?

Investors can commit and wire capital in just a few clicks through our secure platform. This streamlined process reduces administrative burdens and accelerates fund allocation.

What security measures does Venture SPV employ?

Auptimate employs state-of-the-art security measures to protect your data and transactions. Our platform ensures that all information is secure, providing you with peace of mind as you manage your investments.

Fund Administration FAQs

What services does a Fund Administrator provide?

Services include NAV (Net Asset Value) calculation, investor reporting, regulatory compliance, financial statement preparation, and processing investor transactions.

What role does a Fund Administrator play in regulatory reporting?

Fund administrators ensure that all necessary regulatory filings are completed accurately and on time, helping funds remain compliant with industry regulations.

How do fund administrators ensure data security and confidentiality?

Fund administrators implement robust cybersecurity measures, data encryption, and strict access controls to protect sensitive financial and investor information.

What level of client support do you offer?

Our support team is available during business hours, and we also offer 24/7 support for urgent issues. We aim to respond to all inquiries within 24 hours, and provide regular updates.

What fund strategies does Auptimate's Fund Administration Service support?

Auptimate’s Fund Administration Service is designed to support a wide range of fund strategies, including closed-ended Venture Capital (VC) and Private Equity (PE) strategies. Currently, our services are available exclusively to Singapore Licensed Fund Managers, ensuring the highest level of compliance and expertise in managing your fund administration needs.

Does Auptimate's Fund Administration Service assist with FATCA/CRS compliance?

Absolutely. Our Fund Administration Service includes comprehensive support for FATCA (Foreign Account Tax Compliance Act) and CRS (Common Reporting Standard) compliance. We ensure that your fund meets all necessary regulatory requirements, minimizing the risk of non-compliance and associated penalties.

Can Auptimate's Fund Administration Service manage Variable Capital Companies (VCCs)?

Yes, Auptimate’s Fund Administration Service is fully equipped to manage Variable Capital Companies (VCCs) as well as General Partner (GP) and Limited Partner (LP) structures. Our expertise in these areas ensures that your fund operates smoothly and adheres to all relevant legal and regulatory frameworks.

Have More Questions?

If you didn’t find the answer you were looking for, feel free to reach out! Book a call with us today to find out how Auptimate can streamline your investment management and SPV setup.

Don't miss out. Stay sharp, stay informed. Subscribe to Auptimate Snap.