top of page

AngelList Spinoff: Rollups

  • Writer: Genaro Malpeli
    Genaro Malpeli
  • Sep 21
  • 2 min read

ree

Context: AngelList and Roll Up Vehicles (RUV)


AngelList has offered Roll-Up Vehicles® (RUVs) for years as a way for founders to raise capital from multiple angel investors in a single transaction. A RUV functions like a special purpose vehicle (SPV): the founder creates the RUV, invites several investors to contribute capital to the vehicle, and then the RUV invests in the startup as a single entity.

This approach cleans up the cap table, reduces the operational burden for founders, and improves the investor experience. AngelList launched more than 22,000 RUVs between 2020 and 2024, enabling more than $2.5 billion in investments.


Launch of Rollups.com as a spin-off


In July 2025, AngelList launched Rollups as a new, independent spin-off brand dedicated exclusively to offering investment vehicles for founders. This includes two main products:


1. RUV (Roll Up Vehicle)

  • Designed for early rounds.

  • Consolidation of multiple investors into a single entity.

  • KYC, contracts, electronic signature, banking and reporting included.

  • Base price: USD 8,000 + additional fees (filings, wire fees, etc.)

  • There is no commission on the carry.

  • Ideal for SAFE, convertible notes or equity in Delaware, C-Corp.


2. CV (Consolidation Vehicle)

  • To consolidate existing investors or illiquid shares (such as old SAFEs).

  • It is used to clear the cap table before an institutional round or an acquisition.

  • Preserves eligibility for QSBS.

  • Customized pricing; promoted as a more economical option than a traditional VPS.

  • Includes post-consolidation tax support.


Objective of the spin-off


The goal of Rollups is to separate the investment infrastructure product (the RUV and CV) from the rest of AngelList's services, creating a brand with its own identity focused 100% on founders and their legal and financial needs in early-stage rounds.

This also reflects market developments:

  • Traditional AngelList is more focused on LPs, funds, and investment platforms.

  • Rollups seeks to provide a simple, digital-first solution for founders raising capital from their networks.


Implications for Vefy


Rollups represent AngelList's consolidation as the dominant player in SPVs and RUVs . However:

  • It is a 100% US product , it has no support outside the US.

  • It does not include post-round management tools such as cap tables or CRM.

  • It is not optimized for LatAm (language, jurisdiction, legal support, culture).


This reinforces the opportunity for Vefy as a local/regional alternative with:

  • Language and culture LATAM.

  • Regionalized legal support.

  • Integration with non-US startups.

  • Model without carry and with human onboarding.


Conclusion


Rollups is a strategic move by AngelList to specialize its investment vehicle unit. The creation of an independent brand allows it to capture a larger market, focus on founders, and scale with competitive pricing.

For Vefy, this change is validation: simplified and automated investment vehicles are here to stay. But there's still plenty of room to compete with a LATAM-native solution.


Spinoff website: https://www.rollups.com/

 
 
 

Comments

bottom of page