A special project vehicle is a legal entity created to manage a specific investment, project, or financial transaction separately from other business activities. In startup investing, a <strong data-start="270" data-end="297">special project vehicle allows multiple investors to pool their capital into a single entity, making it easier to invest in startups without each investor appearing individually on the company's cap table. AngelSchool teaches aspiring angel investors how a <strong data-start="531" data-end="558">special project vehicle simplifies fundraising, improves investment management, and reduces administrative complexity for founders and investors alike.