Use Odin to collect funds quickly and roll all of your angel investors into a single SPV.
Keep your cap table clean & simplify governance
- All your small cheque angels into a single entity. One SPV (special purpose vehicle) on your cap table.
- Voting can be proxied to a single individual, saving you time and administrative headache - you can handle corporate actions on behalf of your investors
- Works for investors globally.
- Your UK investors will still be able to claim S/EIS.
Close investors the moment they commit
- Don’t wait for legals for the round to be finalised - with Odin, your investors can wire funds instantly with a link.
- We hold the funds in our client money account, and once everything is finalised, our SPV signs the investment agreement with your company and wires the money to you
Flexible on your legals
- You can use a SAFE, ASA (Advanced Subscription Agreement), a convertible loan note or a straightforward shareholder’s agreement for the investment in the underlying company - it’s up to you.
- Odin doesn’t draft this agreement, but there are free templates available for SAFEs and ASAs, and we can connect you with our legal partners if you need support.
Straightforward pricing
💵 £4,000 flat deal structuring fee (£3,333 ex VAT)
- We charge ****no carried interest.
- We use an existing legal entity, and Odin's name is on the cap table.
Simple SPV legal structure
- We use a United Kingdom Bare Trust structure for deals (not a limited partnership).
- A limited company holds shares in trust on behalf of the investors.
- We, Odin, administer this vehicle. Your investors remain the beneficial owners of the underlying assets.
- The structure is completely tax-transparent; works for companies and investors anywhere in the world (except India, Japan and a few other countries).
- Investors anywhere can invest in companies anywhere. Any returns will be subject to taxation in the jurisdiction where the investor is domiciled.
FAQs