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Assure closes a record-breaking 2,000 SPVs in a year

Salt Lake City— Assure is pleased to announce that it has closed a record-breaking 2,000 SPVs in a year today — more than double the number of SPVs it closed in  2020. This record-breaking achievement reflects the fact that SPVs are seeing a dramatic increase in use by investors and entrepreneurs in the private investment sector. 

As an indicator of the volume and frequency of private investment deals, this new record of  Assure SPVs also reveals the growing preference for using SPVs to structure and administer private investments. To date in 2021, Assure closed an average of 6.25 SPVs every day, putting over $3.2 billion to work for private investors and fueling growth for startups. Assure has facilitated a total of over $8.5 billion raised for investment into private assets in more than 7,600  Assure SPVs. 

“Assure is pleased to be leading the evolution and growth of the structured vehicle marketplace by shattering industry records for SPV deals closed,” says Katie Neilson, co-founder, and CRO of  Assure. “Our innovative spirit and commitment to providing the best services to our clients is a  huge contributor to our success.” 

Since 2013, when Assure established the SPV services industry category, the company has consistently achieved annual growth of 50 percent to 100 percent on its SPV activity, with 2021’s trajectory surpassing any previous year.

Convergence Administrator League Table Sept. 2021 

Other recent milestones: 

• Assure has recently moved from #4 to #2 in the Convergence Top 25 Administrators By  Funds League Table. Assure is the only administrator that outperformed the market and increased market share in the top 5 ranked administrators. 

• Assure Named Top Workplace in the 2021 Salt Lake Tribune “Best Places to Work” • Assure Co-Founder and CRO Katie Neilson named “10 Most Inspiring Business Women  Making a Difference” by Insights Success Magazine and “Business Women of the Year”  by CEO Magazine 

• Assure listed in the Top Third of Inc. 5000 Fastest-Growing Private Companies in America 

• Assure acquired BoomStartup, a leading accelerator to round out its comprehensive  platform of solutions and services available through the entire venture lifecycle • Launched Assure Syndicates to provide innovative, industry-unique matchmaking  services for the benefit of both venture investors and entrepreneurial founders