Calculator
Roll Up Vehicle Cost Comparison
In addition to keeping a clean cap table, Roll Up Vehicles can present significant cost savings over the lifetime of the company. This calculator presents an estimate of savings from using a Roll Up Vehicle over direct investments.
Cost comparison
This model calculates the lifetime cost difference between a Roll Up Vehicle and direct investments. You can edit key assumptions & variables below
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Adjust the parameters for this calculation
Typical SAFE or note round assumptions with higher legal touch points.
Direct investRUVSavings
Total costs
Seed round (SAFE/Notes)
Direct invest$110,200
RUV$9,900
Savings$100,300
Initial closing docs
Drafting docs & reconciling signatures per investor.
Direct invest$15,950
RUV$275
Savings$15,675
Lifetime cap table costs
Annual shareholder management fees for each investor until exit.
Direct invest$46,400
RUV$800
Savings$45,600
Additional rounds, legal & admin costs
Cap table updates across future raises.
Direct invest$15,950
RUV$275
Savings$15,675
Shareholder consent costs
Collecting signatures every time consents are needed (including exits).
Direct invest$25,520
RUV$440
Savings$25,080
Instrument conversion
SAFE/note conversions.
Direct invest$6,380
RUV$110
Savings$6,270
RUV Admin costs
Standard RUVs for US C-Corps start at $8k (due at closing).
Direct invest$0
RUV$8,000
Savings-$8,000
† Based on Rollups pricing compared with estimated third-party setup and administration costs. Actual costs vary by company, investor count, jurisdiction, and transaction complexity.
RUVs power some of the fastest growing startups.
$1.5B+
Raised through RUVs
3,000+
Startups trust RUVs
Trusted by founders of
"Function Health raised much of its seed and pre-A using an AngelList RUV. I recommend it to every founder."
"The RUVs we ran saved so much time not only during Rollfi's fundraises but also we when got acquired by Priority."
"We used an RUV at Stellate with great success. 11/10 would recommend to all founders raising from individual angels"
Everything You Need to Know
- How are Roll Up Vehicles® (RUVs) different from Special Purpose Vehicles (SPVs)?Roll Up Vehicles (RUVs) are a type of Special Purpose Vehicle (SPV) designed for founders who want to efficiently raise capital from individual operators and angels with a single cap table entry. Traditional SPVs are run by external investors, who are actively involved in the management of the SPV and typically receive performance-based compensation from the vehicle (carried interest). With RUVs, the founder of the portfolio company creates RUVs but is not required to play a formal material role in the RUV.
- Do investors in RUVs need to meet certain criteria?Yes, all investors in a Roll Up Vehicle must be accredited. Investors may be based in most jurisdictions as long as they meet US accreditation and KYC requirements. Rollups does not support transactions for persons or entities residing in restricted countries or regions. Contact us for a current list.
- Are investors in RUVs eligible for QSBS benefits?Generally, yes, QSBS eligibility flows through to investors when they invest into your RUV. Contact us for more details.
- How do investors in RUVs make their investment?RUVs benefit from AngelList's trusted investor accounts and investment experience. When your investors invest into your RUV, they will be using their AngelList accounts, saving them from time spent on KYC, accreditation, and providing bank info.
- Which companies are eligible to use RUVs?RUV customers are private companies that have raised (or are currently raising) venture capital. We support companies incorporated in other countries, subject to certain restrictions.
- How much does an RUV cost?Standard RUVs for US C-Corps have a flat $8k setup fee. We also support more complex structures, instruments, and needs, along with dedicated white-glove support from a deal team. Pricing for these cases depends on the setup. To confirm pricing for your RUV, submit your RUV or contact us.
- Are there other costs associated with RUVs?Rollups builds the known, fixed costs of running an RUV into our pricing, unlike other providers that surprise you with add-on fees once you're on the phone. The RUV will pay certain variable state filing fees based on where your investors are located. This cost will be passed on to you. The typical range for these fees is between $750-$1,250, but exact numbers will vary.
- Can I publicly share or market my RUV?By default, regulatory requirements prevent you from publicly marketing your RUV. Contact us to discuss other options that may be available.
- How private are RUVs?Roll Up Vehicles are private. Neither AngelList nor Rollups shares your RUV with investors. The only way for someone to view or invest in a RUV is through the invite link managed by the company.