Roll-Up Vehicle (RUV) 

A Roll-Up Vehicle (RUV) is an investment structure used to pool multiple individual investors into a single legal entity, often a special purpose vehicle (SPV), for the purpose of making a collective investment in a target company. 

RUVs streamline cap tables by consolidating numerous small investors into one entity, simplifying governance and decision-making for the investee company. They’re especially popular in angel investing, syndicates, crowdfunding campaigns, and venture capital funds targeting early-stage startups. 

Key features of RUVs include: 

• Consolidated reporting to the startup. 

• Centralized management of voting rights and investor communications. 

• Simplified investment and exit processes. 

RUVs reduce administrative overhead while giving individual investors access to exclusive, often illiquid, early-stage opportunities.