Roundtable vs Vauban by AngelList
A side-by-side comparison of Roundtable and Vauban by AngelList — two options for fund admin & back office. Pricing, features, and honest pros and cons.
Category
Fund Admin & Back Office
Fund Admin & Back Office
Rating
4.2 / 5
4.2 / 5
Pricing
1% of raise (min €5k)
SPVs / Funds from custom quotes
Best for
European syndicate leads and investment clubs
European GPs and syndicates raising from global LPs
Key features
- Luxembourg SCSp and French SC/SAS structures
- Investor onboarding with compliance checks
- E-signatures and payment reconciliation
- Automated accounting and reporting per vehicle
- Portfolio and document management
- UK and Luxembourg SPV and fund structures
- Formation, banking and admin in one flow
- Global LP onboarding with KYC/AML
- Capital collection and distributions
- Reporting and tax documentation
Pros
- Transparent, public pricing — rare in fund structuring
- Genuinely European legal structures, not US wrappers
- Strong traction with angel networks and clubs
- Solves the Europe-shaped hole in US-centric platforms
- AngelList ownership brings product velocity and scale
- One dashboard across international vehicles
Cons
- 1% minimum stings on small rounds
- Limited to European domiciles and investors' needs
- European structures cost more than US Delaware SPVs
- Newer than incumbent Lux administrators for complex funds