Passthrough
Editor's pickSubscription documents LPs finish in minutes
4.7Custom / QuoteBest for GPs closing funds without chasing PDF sub docs
LP Onboarding Sub Docs KYC/AML
Overview
Passthrough turns fund subscription documents into guided digital questionnaires with built-in KYC/AML, so LPs complete sub docs in minutes instead of wrestling 100-page PDFs, and answers repopulate on their next fund. Founded by Carta alumni and used by hundreds of fund managers and their law firms, it has become the default closing workflow for venture raises.
Key features
- Sub docs as smart, guided questionnaires
- Answer reuse across funds and vehicles
- Integrated KYC/AML screening
- Real-time closing status dashboards
- Collaboration with counsel in one workflow
- Integrations with fund admins and CRMs
Pros
- Dramatically faster closes — LPs actually finish the docs
- KYC/AML handled in the same flow
- Repeat LPs onboard nearly instantly on Fund II
Cons
- Solves onboarding, not full IR — pair with a portal
- Pricing conversations required for small one-off vehicles