Get everything you need to run your own SPV with support and tools directly from the experts -- all amplified to our own vetted network of strategic angels and supported with impactful content and curated community built to accelerate your fundraise
Fundraise with direct access to top expertsš° impactful content ā” & curated community š
Cherub's Founder-Led SPV program helps high growth founders streamline and promote their fundraise at smaller minimums on the SPVĀ platform of your choice (e.g. Sydecar or AngelList)
What you'll get:
Attract more investors with less fees and smaller check sizes through an SPVĀ (Special Purpose Vehicle) -- all pooled into one line item on your cap table
Plug-and-play guides and templates for your pitch event, investor re-engagement and data room
8 weeks of 1:1 expert guidance, on-demand and live programming to help you launch, market & close your SPV
Access to a private community page for direct Cherub SPV expert and non-competitive peer-led support
1 live guest workshop curated to your cohort's needs
Inclusion in Cherub's social media and newsletter
A 12-month membership Cherub Raise membership
Note:Ā Does not include actual SPV entity &Ā platform fees (e.g. Sydecar &Ā AngelList)
Select Cherub SPVĀ founders
Some of the brands who've raised through Cherub SPV (formerly Pearl Influential Capital)
"Cherub introduced us to high-value investors across a range of sales, marketing, legal and creative fields. Experienced and diverse investors can deeply influence the success of a business, and our investors who we met through Cherub are all playing a big role in our plans for 2024. We love Cherub and couldn't say enough good things about our experience!"
Kristin Olszewski
Founder, Nomadica Wines RaisedĀ via Cherub SPV
Get the tools and resources needed to effectively raise capital
Our 8 week founder-led fundraising program provides the guidance, peer collaboration & promotion needed to get through a successful raise.
Access to top SPVĀ experts
Cherub SPV experts have run dozens of SPVs, raised over $7M in capital &Ā can tap into their strategic networks to help you navigate your fundraise
Trusted tools and templates
You don't have to start from scratch. Access tried-and-true marketing assets, workflows, and pitch formats to maximize efficiency and best practices
Personalized support
Reach out to your SPVĀ advisor as you need during the program to tackle tough questions, get advice and navigate the SPVĀ process
Structure and accountability
Get weekly focus areas and connect with and a group of non-competitive peers also fundraising at a similar stage to help you level up
Plus, get in front of Cherub's network of strategic angels
Expand your fundraise's audience with social and newsletter inclusion to our 10,000+ audience including angel investors ranging from pro investors, exited founders, influencers, savvy operators &Ā entrepreneurs.
Who this program is for š
Cherub's Founder-Led SPVĀ program is best for founders who fit the following criteria:Ā
Have an existing network interested in investing smaller checks (under $25K) with at least $45KĀ already committed
Are operating on at least 6 months of runway
Show strong traction and signs of product market fit
Can commit 8 weeks and either have or plan on launching an SPVĀ within 2 weeks of the program's start date
Haven't previously raised via an SPVĀ or crowdfunding campaign
Operate under a C-corp structure
Are comfortable making the program investment ($5,650) and any associated SPVĀ creation fees outside of the program (typically $4,500-$10,000 depending on the SPVĀ provider)
FAQs
What you need to know before applying to raise with Cherub SPV. Canāt find the answer youāre looking for? Please reach out to our team.
An SPV (Special Purpose Vehicle) can streamline your fundraising process by consolidating multiple investors into a single entity on your cap table. This not only simplifies shareholder management but also pools capital from diverse investors, increasing your investment potential. SPVs allow for efficient fundraising, as the lead investor manages communications and logistics. Additionally, they attract strategic investors who can offer valuable advice and connections.
What is the time commitment to raising with an SPV?
Very limited! During our 8 week program, we look to get your SPVĀ up and running within the 2nd week, get you pitching and promoting your fundraise by week 3, and (hopefully)Ā closed by week 6. Post SPV close, it will take about 4-8 weeks to fully close your SPVĀ and receive your funds.
Can you guarantee I will raise money?
No, there is no guarantee you will raise money, but we can say your chance of success will be higher as we have heard from our investors that a lower minimum is in demand.
What is special about Cherub SPVs to investors?
We do on an extremely limited basis by invitation only. Traditional SPV offerings take a 20% carry and 2%-10% management fee. The investors are forced to burden this, resulting in less equity and lower payout upon liquidation. Cherub is flipping the script, and we are providing SPVs with no carry and low management fees.
Our Founder Led SPVĀ Program is available via application and limited to a small group of founders (no more than 5 per cohort) who are curated intentionally and can help each other level up. The first cohorts launch in October.