Fundwave
Affordable fund accounting and LP portal for VC funds
4.2Tiered subscriptionBest for Emerging managers running fund admin in-house
Fund Accounting LP Reporting VC
Overview
Fundwave is fund administration software aimed squarely at venture funds: fund accounting, capital calls, allocations and LP reporting alongside deal pipeline, portfolio dashboards with IRR and KPI tracking, cap table automation and an investor portal. It suits emerging managers and CVCs who want to run administration in-house — or keep their outsourced admin honest — at a price point well under the institutional suites, with templates handling routine LP reporting.
Key features
- Fund accounting with capital calls and allocations
- LP reporting templates and investor portal
- Portfolio dashboards with IRR and KPIs
- Deal pipeline and cap table automation
- Exit modeling and cashflow tracking
Pros
- One system covers front and back office affordably
- Fits VC-specific workflows out of the box
- Responsive support noted by long-term customers
Cons
- Less depth for exotic structures than enterprise platforms
- Interface polish trails newer venture-native tools