Consolidation Vehicles
Consolidate existing stakeholders into a vehicle while preserving their QSBS eligibility. Clean up the cap table, streamline secondary transactions & more.
Rollups is trusted by over 50,000 investors and companies
Consolidation Vehicles
Consolidate existing stakeholders into a vehicle while preserving their QSBS eligibility. Clean up the cap table, streamline secondary transactions & more.
Rollups is trusted by over 50,000 investors and companies
SOLUTION
Turn existing stakeholders
into one line on the cap table.
Create an account, configure your CV for your use case, and invite stakeholders.
Track your consolidation progress, and work with our team to update your cap table.
M&A readiness
"The Consolidation Vehicle was instrumental in streamlining Wand's acquisition of Accern by combining dozens of our stakeholders into a single row, preserving Wand's clean cap table."
Kumesh Aroomoogan, CEO at Accern, a Wand AI Company
Clean cap table
"We signed over 30 SAFEs to raise initial funds. We feared chasing down all of those investor signatures in future financings. Our investors were happy to execute the Rollup, saving us ~$20k and ~2 weeks."
Marie Schneegans, Co-Founder, Markprompt
Clean cap table
"Rollups team supported our client's consolidation. It would have been prohibitively expensive and time consuming for our client if we had done this manually."
Yokum Taku, Partner at WSGR
Clean cap table
"The potential lead in my round brought up that my cap table looks crowd-funded. How fast can you consolidate it?"
M&A readiness
"Our startup has acquirers at the table. But it's going to be all equity. And they're worried about the headaches. Consolidation Vehicles are the answer."
Secondary transaction management
"Every time we let employees sell on secondary, it created an issue with cap table reconciliation. Now, nothing changes on the direct cap table."
Advisor equity management
"We gave over 100 advisors equity. It was a nightmare for anything that required signatures. Now, we just consolidate them."
How it works
Companies consolidate existing stakeholders into a CV for a number of reasons. Here are a few common ones.
Clean up stakeholders
Move early angels, SAFE holders, and small check investors into a single vehicle - and off your cap table
TODAY
Get started
Configure your Consolidation Vehicle in the app by selecting which investors to roll up.
The Rollups app provides flexible filtering and smart recommendations, and saves your work as you go.
We form the vehicle that will hold the consolidated stakeholders and prepare all required paperwork for stakeholder signatures.
DAY 06
Stakeholder consolidation, without the friction
When ready, invite stakeholders to review and sign.
We provide a private portal for stakeholders to review and sign the required documents.
As signatures are collected, companies get real-time updates into the consolidation progress.
DAY 30
Update your cap table
Add the Consolidation Vehicle to your cap table, then transfer stakeholder holdings into it, removing the consolidated stakeholders from your direct cap table.
Need a little help? Your law firm or our team can make the necessary updates to your cap table for you in a few minutes.
Once complete, your cap table is streamlined, and you can manage your CV in the Rollups app.
DAY 30+
Keep consolidating
Unlike traditional Special Purpose Vehicles (SPVs), Consolidation Vehicles don't "close" - and therefore are not just one-time use.
Keep adding to your Consolidation Vehicle over time by returning to the app and adding new stakeholders.
Transfers within the CV are easier than traditional transfers. Less paperwork, less admin, and less time spent on your cap table.
$4B+ AI company (anonymous)
+85%
Rollups reduced their cap table by 85%, saving them from distraction and ~$20,000/yr in admin and legal costs.
Capabilities
Custom stakeholder portal experience
Set up your own secure portal to share with stakeholders, and track analytics
Stakeholder KYC/AML included
Company-friendly pricing
So you save on cap table admin costs.
Simple stakeholder e-signature process
Make it easy for your stakeholders to sign consolidation documents.
Secure banking infrastructure
Conduct secondaries and distributions within the CV confidently on the same AngelList banking infrastructure that moved $80B in 2024 and has deployed more cumulative capital than some of the largest VC funds combined.
Experienced team, over 20 years of combined experience
Consolidate quickly, and with confidence. Built by private market experts who've supported thousands of private companies.
Comprehensive post-consolidation action support
Enabling stakeholders within the CV to transfer? No problem! We've got you covered.
International companies and investors
Subject to local laws and regulations, we support companies and their stakeholders in international jurisdictions.
Top law firms & companies trust us to consolidate stakeholders
Consolidation Vehicle Pricing
Consolidate existing stakeholders
One CV is all companies need due to the flexible structure.
Starting at $100
/stakeholder/year
Supports multiple closes.
Includes the first 5 intra-CV transfers.
Custody management of underlying securities.
Stakeholder portals for signing & viewing docs.
Dedicated onboarding and support.
Add-ons
Additional intra-CV transfers.
Distributions to stakeholders within the CV.
Everything You Need to Know
- How are Consolidation Vehicles (CVs) different from Roll Up Vehicles® (RUVs)?Consolidation Vehicles work on existing stakeholders already on the cap table to help companies streamline their capitalization, secondary transactions, and acquisitions. 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.
- How do Consolidation Vehicles (CVs) actually work?CVs are a unique structure, unlike SPVs, that enable companies to enjoy all the benefits of a consolidated cap table, while also enabling investors to keep their QSBS eligibility and voting rights (unless the company wishes to supplement the CV with a voting proxy/POA). Contact us to learn more.
- What about my investors? Does consolidating them create negative tax consequences or remove their voting rights?CVs are investor friendly. Typically, when companies transfer stakeholders from their cap table into a traditional SPV, they lose their QSBS eligibility and often lose voting rights. But CVs are not built like SPVs. Their unique structure enables stakeholders to retain their QSBS eligibility and voting rights.