Fund administration software for venture and private funds
Allocations is fund administration software that runs a private fund on one platform: entity formation, a dedicated bank account, LP onboarding with KYC and accreditation, capital calls, fund accounting and capital account statements. Every fund gets a dedicated fund accountant, and audit support is available. The Fund plan is $19,500 per year with up to 249 VC or 99 non-VC investors, unlimited closes and 30 assets, and 0% platform carry. K-1 preparation is available as an add-on.
Why GPs pick software over a legacy admin stack
One login for the whole fund
Formation, banking, LP onboarding, capital calls, accounting and investor documents live in one dashboard instead of across a law firm, a bank and an outside accountant.
Published price, no sales cycle
Fund is $19,500/year. The full schedule for extra investors, closes and capital calls is public on /fees.
0% platform carry
Allocations does not take a share of your carry. You set economics with your LPs.
SPVs and funds on the same rails
Run deal-by-deal SPVs and a fund side by side, administered on the same platform.
A dedicated fund accountant
Software plus people: every fund is assigned a dedicated fund accountant, and we offer audit support.
What the software covers
- ✓Entity formation and filings
- ✓Bank account setup
- ✓LPA, PPM and subscription documents
- ✓Side letters
- ✓LP onboarding and KYC
- ✓Accreditation verification
- ✓Capital call notices and tracking
- ✓Management fee calculation
- ✓Fund accounting and books
- ✓Capital account statements
- ✓Distribution waterfall processing
- ✓K-1 preparation (add-on)
- ✓Dedicated fund accountant
- ✓Audit support
How it works
- 1
Form the fund
Delaware limited partnership under 3(c)(1) or 3(c)(7), or a Cayman, BVI or Seychelles vehicle for offshore and cross-border pools.
- 2
Open the bank account
A dedicated bank account is opened for every fund.
- 3
Generate documents
LPA, PPM, subscription documents and side letters from vetted templates.
- 4
Onboard LPs
KYC, accreditation and e-signature in one flow. Investors close from any device.
- 5
Call capital and run the books
Issue capital calls, track commitments, keep fund accounting and capital accounts current.
- 6
Report
Capital account statements for every LP, with audit support from your fund accounting team. K-1 preparation is available as an add-on.
Software vs full-service fund administrator
| Allocations (software + admin team) | Traditional full-service administrator | |
|---|---|---|
| Pricing | Published: Fund $19,500/year on /fees | Usually quoted after a sales process |
| Platform carry | 0% | Varies by provider |
| Service team | Dedicated fund accountant per fund; audit support | Usually a named service team |
| SPVs and funds | Same platform | Often separate providers or add-ons |
| LP onboarding | KYC, accreditation, e-signature built in | Varies; often separate tools |
| Best for | Emerging and growing VC and private fund managers | Large, complex institutional structures |
Pricing
| Plan | Price | Scope |
|---|---|---|
| Standard SPV | $9,950 one-time | Up to 35 investors, 1 close, 1 VC asset, 5 year term |
| Premium SPV | $19,500 one-time | Up to 50 investors, multiple closes (1 included), any asset type |
| Fund | $19,500/year | Up to 249 VC or 99 non-VC investors, unlimited closes, 30 assets |
| Platform carry | 0% | Managers keep their carry |
Extras: +$100 per additional investor, $2,000 per extra close, $2,500 per tranched capital call. Blue sky filing fees pass through at cost. K-1 preparation is available as an add-on. Full schedule on /fees.
Frequently asked questions
What is fund administration software?
Software that handles the back office of a private fund: investor onboarding, capital calls, fund accounting, capital account statements, distributions and tax documents such as K-1s.
How much does Allocations fund administration software cost?
The Fund plan is $19,500 per year and covers formation and administration for up to 249 VC or 99 non-VC investors, unlimited closes and 30 assets. K-1 preparation is an add-on. Extras are listed on /fees.
Do I get a dedicated fund accountant?
Yes. Every fund is assigned a dedicated fund accountant, and Allocations offers audit support.
Which fund strategies does Allocations administer?
Venture funds, crypto funds, real estate funds, fund of funds and institutional funds.
Which fund structures are supported?
Delaware limited partnerships under 3(c)(1) or 3(c)(7), plus Cayman, BVI and Seychelles vehicles, including master-feeder and parallel structures.
Does Allocations take carry?
No. Platform carry is 0%.
Can I migrate an existing fund?
Yes. Fund migration is $19,950 and includes historical records and LP data with guided migration support.
Can I run SPVs and a fund at the same time?
Yes. SPVs and funds are administered on the same platform.
Run your fund on one platform
Book a demoAllocations secondary market is operated through Allocations Securities, LLC dba AllocationsX, member FINRA/SIPC. Check this firm on FINRA BrokerCheck. Allocations Securities, LLC is a wholly owned subsidiary of Allocations, Inc.
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