What Roundtable does

Roundtable is a European private markets infrastructure platform that provides Fund-as-a-Service (FaaS) for early-stage and private investment workflows. Its web-based SaaS application enables founders to raise capital, investment clubs and fund managers to launch and operate SPVs and pooled funds, and individual investors to access private market deals. The platform supports multiple compliant legal structures (Luxembourg SCSp, French SAS, French SC) and operates licensed entities including Roundtable EuVECA Manager Lux S.à r.l. (CSSF registration A3650), enabling regulated fund management activities across the EU.

The product architecture consists of three core service layers — Deal by Deal Services (SPV creation per investment opportunity), Community Services (investment club management), and Fund Services (pooled fund administration) — supplemented by a web dashboard (app.roundtable.eu), a FATCA Generator compliance tool, a pricing calculator, and educational content via Roundtable Academy. Underlying components include digital KYC/KYB onboarding integrated with Dotfile, real-time commitment tracking, deal-specific data rooms, e-signature workflows, and portfolio reporting. The platform reportedly manages over €1 billion in assets under administration across more than 1,000 deals and 600 investment clubs with 30,000+ investors from 100+ nationalities.

The business model is primarily transaction-based: a 1% fee on the amount raised by each co-investment vehicle (minimum €5,000, plus €100 per investor above 20), 1% on secondary transfers (capped at €5,000), and add-on professional services (notary, PEAC, distribution). Platform access and registration are free, creating a freemium funnel into fee-generating SPV transactions. Go-to-market combines product-led self-serve onboarding with a sales-assisted enterprise motion targeting fund managers, family offices, and private banks. The company was founded in 2021 by Julien Fissette (CPO), Evan Testa (CEO), and Simon Ternoir (CTO), is headquartered in Paris with offices in Luxembourg and Barcelona, and is pursuing a public listing via merger with RYVYL Inc. expected to close in Q3 2026.

Name

Roundtable

Legal name

Roundtable SAS

Website

https://roundtable.eu

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

11–50 employees

Short description

Roundtable is a European Fund-as-a-Service platform that provides SPV structuring, investor onboarding, compliance, and portfolio management infrastructure for founders, investment clubs, fund managers, family offices, and individual investors across the EU.

Ownership category

akta.pro rank

Product category

Private Markets Infrastructure / Fund-as-a-Service

NAICS

Portfolio Management and Investment Advice (523940), Funds, Trusts, and Other Financial Vehicles (525), Investment Banking and Securities Intermediation (523150)

SIC

Investment Advice (6282), Security Brokers, Dealers & Flotation Companies (6211), Services-Prepackaged Software (7372)

akta.pro primary industry

Institutional DeFi & On-Chain Liquidity Infrastructure (Permissioned DeFi, Lending) (FSAGAMAG)

Keywords

• Private markets infrastructure
• Fund-as-a-service
• SPV structuring platform
• Investment club management
• Venture capital operations

Headquarters

HQ city

Boulogne-billancourt

HQ country

France

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure, Others

Revenue model

1. SPV Structuring & Management Fees: 1% of the amount raised by the Co-Investment Vehicle with a minimum of €5,000 (excluding VAT), only invoiced at SPV closing. Additional complexity fee of €100 per investor above 20 investors.
2. Secondary Transaction Fees: 1% fee on secondary transaction amounts with minimum €1,000 and maximum €5,000 (excluding VAT) per transfer, borne by the transferor.
3. Community Admin Fees: Community admins may charge entry fees or carried interest (performance fee only paid if investment generates returns). These fees are separate from Roundtable's platform fees.
4. Additional Services: Fees for notary document services (+€1,500 per document), PEAC regime documentation (+€100), and distribution fees (1% of distribution amount, €2,500-€20,000 per distribution with max 20 investors).

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels9 records

Core offering

Roundtable is a web-based SaaS platform (Fund-as-a-Service) that provides infrastructure for private markets investing. The platform enables founders to raise capital efficiently through SPV structures, allows investment clubs to pool capital for deals, lets fund managers launch and operate VC/PE funds with regulatory compliance, and gives individual investors access to private market opportunities. Core platform capabilities include SPV structuring (Luxembourg SCSp, French SAS/SC), integrated KYC/KYB onboarding, digital Deal Accounts, real-time commitment tracking, and portfolio management with reporting.

Product overview

Roundtable is a unified private markets platform providing end-to-end infrastructure for early-stage investing. The core product comprises three interconnected service layers: (1) the main Roundtable Platform for deal coordination, (2) Deal by Deal Services for managing individual investment opportunities through SPV structures, (3) Community Services for investment club management, and (4) Fund Services for pooled fund operations. Additional tools include the FATCA Generator for regulatory compliance, a Pricing Calculator for fee estimation, an Investor Database for founder resources, and Roundtable Academy for educational content. The platform supports deal sizes from €30k to €20M and manages over €1B in assets under administration across more than 600 investment clubs and 30,000+ investors.

Differentiator

Problem solved

Functional benefit

Products and services

• Deal by Deal Services Enables deal leads and investors to create co-investment vehicles (SPVs) for individual deals, with dedicated deal accounts, document management, and investment tracking. Targets founders, angels, and investment clubs organizing around specific deals ranging from €30k to €20M.
• Roundtable Community Services Allows admins to create and manage investment communities with members, facilitating networking, coordinated investment activities, and community-led deal sourcing. Powers the 600+ investment clubs on the platform.
• Roundtable Fund Services Enables fund sponsors to create and manage pooled investment funds with LP management, portfolio tracking, and reporting capabilities. Saves fund managers up to €150,000 in setup costs and provides regulatory-compliant fund administration.
• FATCA Generator Standalone tool that streamlines the FATCA form-filling process for US tax compliance, targeting deal participants with US tax obligations. Built initially as an internal AI tool and now publicly available.
• Pricing Calculator Interactive calculator that estimates SPV structuring and management fees based on deal size, investor count, and geography. Helps prospects understand transaction-based pricing before engaging.

Quantifiable outcome

• SPV setup time reduced from months to 1 week
• +5 more outcomes

Named customers25 records

Segments7 records

Ideal customer profiles6 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

One partnership is on record.

• RYVYL Inc.coreStrategic or Co-development Partner · 6 April 2026Roundtable completed merger with RYVYL Inc., approved by 99% of shareholders. The combined entity has approximately 13.5 million shares outstanding. Strategic capital investments include $35 million and a recent $2 million additional investment from UTXO at a valuation of $150 million. Merger expected to finalize in Q3 2026.

Scale indicators15 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• AngelList: AngelList pioneered rolling funds and SPV-based syndication in the US, the same core model Roundtable offers in Europe. It is the most direct international comparable for SPV creation, fund administration, and investor onboarding.
• Carta: Carta provides cap table management, fund administration, and SPV tooling for private markets globally. Its expanding private-fund services overlap directly with Roundtable's deal account, KYC, and fund management modules.
• Republic: Republic operates a private-markets platform for SPVs, syndicates, and retail-accessible offerings, similar to Roundtable's investor-club and community-led model. Its acquisition of Seedrs gives it a strong European footprint competing directly with Roundtable.
• Seedrs: Seedrs (now part of Republic) is a UK- and Europe-focused private-markets platform for early-stage investing. Its regulated crowdfunding structure and SPV-equivalent vehicles make it a comparable European peer for deal-flow aggregation.
• Crowdcube: Crowdcube is a UK- and Europe-focused equity crowdfunding and private-investing platform. It overlaps with Roundtable on enabling groups of investors to participate in private deals, though it is more retail-public in distribution.
• WeFunder: WeFunder provides SPV and Regulation Crowdfunding infrastructure for community-led startup investing in the US. Its model of pooling small investors into private rounds is functionally analogous to Roundtable's investment-club offering.
• Moonfare: Moonfare is a European private-equity access platform enabling individual investors and family offices to co-invest in top PE funds. It targets the same European HNI/family-office segments Roundtable is pursuing with its Family Offices and Investors modules.

Broad incumbents

• iCapital: iCapital is the dominant institutional private-markets infrastructure platform in the US, serving private banks, RIAs, and family offices with fund access and administration. It represents the scaled incumbent Roundtable's private-bank go-to-market aims to emulate.

Emerging players

• Dealroom: Dealroom provides European startup, investor, and funding data, increasingly adding deal-flow and investor-matching tools that overlap with Roundtable's investor-database and matching capabilities. It is a partial functional peer with a strong European data moat.
• SyndicateRoom: SyndicateRoom is a UK-based platform offering SPV-style structures for pooled angel investing, similar in concept to Roundtable's investment-club product. It is smaller and more regionally focused, but conceptually comparable.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/JoinRoundtable
• LinkedInlinkedin.com/company/joinroundtable

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries2 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Roundtable