Investor syndicates
Invest as a group
SeedLegals Syndicate* is the fast and easy way for your group of angel investors to invest together as a syndicate in companies fundraising on SeedLegals.
Lead or join a group of angel investors
Close deals faster, with full compliance
Set up a syndicate and close a deal in under a day using SeedLegals’ verified legal docs and MPL nominee structure. Everything’s built for speed, security, and compliance.
Invest as a group, effortlessly
We make it easy for angel investors to team up and invest together. Lead or follow deals, your group can invest as one without the faff of an SPV or endless admin.
Transparent pricing, unlimited support
One fee, no hidden extras. Plus, you get unlimited help from our experienced team via chat, phone, email or video so you’re supported at every step.
Legal documents for investor syndicates
Free up your time to hunt for great deals
Save time with simple, streamlined admin. Set up your syndicate with SeedLegals MPL in less than a day.
onboard members in minutes- manage syndicate and track deals with SeedLegals MPL
- close deals in record time
Best practice for investor syndicates
Effortlessly comply, with built-in best practice
Run your syndicate deals using SeedLegals MPL, our verified documents and straightforward workflow.
- clear, compliant legal docs
- shares held by the SeedLegals nominee company - no need for an SPV
- UK #1 for early-stage deals
SEIS/EIS for syndicates
Offer your syndicate SEIS/EIS tax relief
When investments and members of your syndicate qualify, they can claim SEIS/EIS tax relief after investments close, just as if they invested as individuals. (Your members' eligibility depends on their individual circumstances and any later changes in their situation.)
- SEIS/EIS compliant shares
- investments can be SEIS, EIS or a combination
- share compliance docs via SeedLegals with syndicate members
Tax treatment depends on individual circumstances and may be subject to change in the future.
Fair, transparent pricing
Save on legal fees
SeedLegals Syndicate* costs just £1,990 + 1% of the syndicate investment, capped at £10,000, plus VAT. For example, if your syndicate invests £200,000, then the fee is £3,990 + VAT. This fee is paid to SeedLegals MPL by the investee company.
- transparent pricing, no hidden extras
- dedicated account manager
- unlimited help included
Unlimited support
Chat online anytime with our experts
Our expert team is here to guide you through your syndicate investments.
- talk to us via chat, phone, email or video call
- unlimited help included - no extra cost
- ask us anything - we're here 9am to 6pm Monday to Friday
SeedLegals Syndicate is operated by SeedLegals MPL, a private limited company registered in England and Wales with company number 14319103 and whose registered address is 100 Bunhill Row, London, England, EC1Y 8ND.
SeedLegals MPL Limited is an appointed representative of WealthKernel Limited, which is authorised and regulated by the Financial Conduct Authority (FRN: 723719).
How to invest with SeedLegals Syndicate*
FAQs
Frequently asked questions about SeedLegals Syndicate
Is SeedLegals' Syndicate product regulated by the Financial Conduct Authority?
Yes. The Syndicate product is operated by SeedLegals MPL, a private limited company registered in England and Wales with company number 14319103 and whose registered address is 100 Bunhill Row, London, England, EC1Y 8ND.
SeedLegals MPL Limited is an appointed representative of WealthKernel Limited, which is authorised and regulated by the Financial Conduct Authority (FRN: 723719).What is a syndicate?
When investors get together as a group and invest together, they’re a syndicate.
Usually syndicates have a lead investor who makes final decisions and communicates with the investee company on behalf of the syndicate. The other members of the syndicate are often called follow investors.For investors, what are the benefits of joining a syndicate?
When you’re new to investing, signing up to a syndicate can help you learn how equity investing works and avoid making costly mistakes.
As a member of a syndicate you can:- pool your resources
- secure better deals
- diversify your portfolio
- make it easier to manage your portfolio
Investing in new and early-stage businesses is risky, including the risk that an investor might lose their investment. An investor should only invest if they believe they have the knowledge and experience to make their own decisions, and to understand and manage the risks associated with these investments. We recommend that investors seek independent financial advice before making an investment.
Read more in our post: What is a syndicate? How to invest as a groupFor a startup, what are the benefits of taking investment from a syndicate?
For startups, having a syndicate invest in the company can be easier than having lots of separate investors. With just one point of contact, communications are streamlined. The company communicates only with the lead investor who represents the collective interests of the syndicate. Usually syndicates have established an efficient decision-making process so it’s much easier for the company to get resolutions signed off by a syndicate than by lots of separate investors.
Read more in our post: What is a syndicate? How to invest as a groupWhat is a lead investor in a syndicate?
Usually syndicates have a lead investor - this person is responsible for finding deals, negotiating with potential investees, bringing in new syndicate members, and ongoing admin and comms with the group.
Other members of the syndicate - often called follow investors - can also take on some of these tasks but the lead investor makes final decisions and is ultimately responsible for communications, legal paperwork and liaising with investee companies.
Read more about the responsibilities of syndicate members in our post: What is a syndicate? How to invest as a groupWhat’s the legal structure of SeedLegals Syndicate?
SeedLegals Syndicate is operated by SeedLegals MPL (a subsidiary of SeedLegals).
Another subsidiary of SeedLegals, SeedLegals MPL Nominees, holds the legal title to shares in investee companies on behalf of all SeedLegals Syndicate investors, who have a beneficial interest in the shares. This means that SeedLegals MPL Nominees signs the Shareholders Agreement on behalf of the Syndicate investors, and is also named on the share certificates, the register of members and any confirmation statement.
After your investment closes, SeedLegals MPL Nominees appoints the lead investor of your syndicate as our proxy in all communications with the investee company. This means that on behalf of SeedLegals MPL Nominees, your lead may:- vote, attend, speak, ask questions and demand a poll at any general meeting of the investee company, as well as sign any members’ written resolutions
- propose a resolution or an amendment to a resolution
- receive all documents, notices and requests sent by the investee company to its shareholders or to SeedLegals MPL nominees specifically
This information is detailed in the legal documents for Syndicate investments.Who owns the shares in SeedLegals Syndicate investments?
The share certificate for the lead and follow investors’ shares is in the name of SeedLegals MPL Nominees. This is because SeedLegals MPL Nominees is the legal owner of the shares.
If the investments made by your syndicate members are eligible for both SEIS and EIS, then two share certificates are issued to SeedLegals MPL Nominees: one for SEIS shares and one for EIS shares. (By law, EIS shares have to be issued a minimum of one day after SEIS shares.)Is SeedLegals Syndicate an SPV?
No. Our Syndicate service makes it much quicker and easier for you to invest as a group compared to setting up a special purpose vehicle (SPV).
Read more above: What’s the legal structure of SeedLegals Syndicate?How much does SeedLegals Syndicate cost?
Our pricing is transparent, with no hidden extras.
SeedLegals Syndicate costs just £1,990 + 1% of the syndicate investment, capped at £10,000, plus VAT. This fee is paid to SeedLegals MPL by the investee company.
For example, if your syndicate invests £200,000, then the fee is £3,990 + VAT
You’ll have a dedicated account manager and unlimited help is included.
Interested? Book a call with one of our experts.How do I set up a syndicate on SeedLegals?
Take a look at the timeline above on this page: How to invest as a syndicate on SeedLegals and the instructions on this blog post: How to use SeedLegals Syndicate
Interested in setting up a syndicate to invest in a company on SeedLegals? To get started, book a call with one of our experts.Can investors in a syndicate get SEIS/EIS tax relief?
Yes, as long as the syndicate member(s) and the investment are eligible for S/EIS.
Talk to the lead investor of the syndicate about whether an investment proposal is eligible for SEIS/EIS. After the investment has closed, you’ll need to make sure the lead sends you the documents you need to claim the tax relief in your self-assessment tax return.
💡 Good to know: When you use SeedLegals Syndicate to invest in companies on SeedLegals, if the investment qualifies for SEIS/EIS, then eligible members of the syndicate can claim SEIS/EIS tax benefits.
NB: Tax treatment depends on individual circumstances and may be subject to change in the future.Can I create more than one syndicate on SeedLegals?
Yes. Currently, you’ll create a SeedLegals Syndicate for each deal separately.Can we invest as a syndicate with a SeedFAST?
No - syndicate investments are for equity investments in funding rounds on SeedLegals.Do investors in the syndicate need to be KYC-checked?
Yes. To comply with the UK’s Financial Conduct Authority (FCA) regulations, SeedLegals MPL must carry out KYC (Know Your Customer) checks on every investor in your syndicate.I’m a founder, can I group individual investors in my round to form a syndicate?
If you’re doing a funding round with multiple individual investors, you can turn them into one easy-to-manage entry on your cap table with a rollup on SeedLegals. Find out more: SeedLegals Rollup
