Sydecar secures $11M in Series A funding led by Deciens Capital.

NEW YORK, Dec. 10, 2024 /PRNewswire/ -- Monark Markets, a venture-backed, New York-based startup providing Alts-as-a-Service (AaaS) infrastructure, today announced its partnership with Sydecar, a private market infrastructure platform focused on venture capital investments. The partnership leverages Sydecar's digital fund admin and ledger capabilities, combined with Monark's API stack and alternative trading system, to deliver a holistic offering that covers the entire transaction lifecycle for investing in private company shares. Monark and Sydecar's API-based solution offers brokerages an embedded private company investment experience, allowing brokerages to build their own user interface and user experience, and giving accredited investors access to private markets from within their native brokerage app. The team at MMM Securities, Monark's wholly-owned broker-dealer subsidiary, has established partnerships with venture funds, private company secondary brokers, and marketplaces in order to access private company shares at competitive prices. Monark will facilitate secondary trading of Special Purpose Vehicle (SPV) interests on the MMM Securities Alternative Trading System, potentially enabling liquidity for investors

PALO ALTO, Calif. - Feb. 5, 2024 - PRLog -- The Capital Extension Program (CEP) provides emerging manager venture funds (sub $100MM funds) and syndicate leads the ability to access follow-on capital for their most successful portfolio companies. The CEP is a dedicated pool of capital from MDSV Capital, the manager of the program, and will be powered by Sydecar's SPV and fund administration platform"Emerging Managers in Venture Capital have an exceptional track record of identifying great start-ups and investing at the very earliest stages" …said Michael Downing, managing partner at MDSV Capital. "But because of their small fund size, they almost never have the ability to take follow-on investment opportunities in their best companies, which forces them to sacrifice significant additional returns." With today's launch, any fund or syndicate manager on Sydecar can apply for the Capital Extension Program, and if they are approved, access up to $5MM in available funds for follow-on investments into their best portfolio companies.Interested managers can review the program requirements and submit an application at sydecar.io/mdsv. MDSV Capital's team of analysts will review the applications and provide a response within 5 business days