The Founders of a Single Deal SPV are the persons that are responsible for forming the SPV.
Generally, they are the party that sources the investment into the target company, raises the capital from the investors and sets up the vehicle that holds the investment.
The Founders appoints a Lead Founder to provide the Administrative Services to the investment vehicle as outlined in the SPV's Agreement. Such responsibilities include notifying Members of updates of the target company and SPV, facilitating meetings and providing documentation to the Members and Administrator.
If the SPV only has one Founder, this person will act as the Lead Founder.
Both the Founder and the Lead Founder can be allocated carry points.