Best Keel Alternatives in 2026
Updated
20 tools from fund administration software ranked against Keel on the same published basis.
- 2Keel vs Formidium
- 3Keel vs ModelTree
- 4Keel vs Juniper Square
- 5Keel vs aama.io
- 6Keel vs Fundwave
- 7Keel vs Hemrock
- 8Keel vs Dynamo CRM & Deal Management
- 9Keel vs Perfona
- 10Keel vs AdminSphere
- 11Keel vs Allvue Investment Management
- 12Keel vs Ashta.ai
- 13Keel vs Infra One
- 14Keel vs Caproom
- 15Keel vs Relevant EquityWorks
- 16Keel vs VCF.co
- 17Keel vs PoliBit
- 18Keel vs Valence
- 19Keel vs Archstone
- 20Keel vs Ark
- 21Keel vs Allocate
Keel alternatives compared
| # | Tool | Score | Free plan | From | Runs on |
|---|---|---|---|---|---|
| 2 | Formidium | 7.2 | No | — | Android, API, iOS, Mac, Web, Windows |
| 3 | ModelTree | 7.0 | No | — | Web, Windows |
| 4 | Juniper Square | 6.9 | No | — | Android, API, iOS, Web |
| 5 | aama.io | 6.8 | No | $1,500/mo | Android, API, iOS, Web |
| 6 | Fundwave | 6.8 | No | $800/mo | Android, API, iOS, Web |
| 7 | Hemrock | 6.8 | Free plan | $250/mo | API, self-hosted, Web |
| 8 | Dynamo CRM & Deal Management | 6.7 | No | — | Android, API, iOS, Web |
| 9 | Perfona | 6.7 | No | $1,000,500/mo | API, Web |
| 10 | AdminSphere | 6.6 | No | — | Android, API, iOS, Web |
| 11 | Allvue Investment Management | 6.6 | No | — | Browser, Web |
| 12 | Ashta.ai | 6.6 | No | — | Web |
| 13 | Infra One | 6.5 | No | $0.83/mo | Web |
| 14 | Caproom | 6.3 | No | — | Web |
| 15 | Relevant EquityWorks | 6.3 | No | — | Web |
| 16 | VCF.co | 6.3 | No | — | API, Web |
| 17 | PoliBit | 6.2 | No | — | Web |
| 18 | Valence | 5.9 | No | — | Web |
| 19 | Archstone | 5.8 | No | — | Web |
| 20 | Ark | 5.8 | No | — | Web |
| 21 | Allocate | 5.7 | No | — | Web |
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Questions about Keel alternatives
What is the best alternative to Keel?
Formidium, number 2 in fund administration software with a score of 7.2 out of 10. The others here: ModelTree, Juniper Square, aama.io and 16 more.
What is the best free alternative to Keel?
Hemrock is the best-ranked alternative with a free plan. 1 of the 20 alternatives here publish a free plan on their own pricing pages.
How are these alternatives ranked?
Ranked on what each maker publishes, the fullest spec sheet first: how deeply the product is documented, the platforms it runs on, a free tier or trial to test it, and its standing.






























