Allocate vs Ark
Allocate
allocate.co
Ark
arkpes.comSide by side
| Figure | Allocate | Ark |
|---|---|---|
| Price from | — | — |
| Free plan | — | — |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | Yes |
| API | — | Yes |
| Plans published | 1 | 0 |
| Spec score · Fund Administration Software | 7.6 (#12) | 7.6 (#13) |
| Founded | 2021 | 2017 |
| Integrations | Allocate says it integrates with major third-party wealth reporting systems but does not name them on the page opened. | The site lists API-driven general-ledger connectivity and automation and integration capabilities; a fund accounting page also describes an Excel plug-in called arkLink. |
| Purpose | Allocate provides infrastructure for wealth advisors and asset managers to manage private markets investing, including investment access, fund vehicles, subscriptions, and portfolio operations. | Ark is a configurable fund operations platform for private fund accounting, investor relations, reporting, and fundraising. |
Plans
In their own words
Ark
Ark is a configurable fund operations platform for private capital managers and administrators. It combines fund accounting, LP reporting, investor relations, and fundraising tools, available through the web and an API. Accounting includes a fund-specific general ledger, real-time financial data, configurable reporting, and automated workflows. Ark supports capital account tracking, LP allocation waterfalls, carried-interest calculations, and capital-call workflows. Quarterly reports can be exported to Excel with formulas, while the arkLink plug-in synchronizes reports with spreadsheets for building, reconciling, and refreshing them. A branded investor portal connects with back-office systems and gives LPs real-time data. Fundraising features include data rooms, investor insights, and document management. Bank integrations support reconciliation, cash-position checks, capital-call payment verification, and automated journal entries. Ark lists API-driven connectivity, encryption, controlled access, SOC 2 Type 2 compliance, and continuous data replication. Pricing is on request, with an annual fee based on committed capital.