Allocate vs Fundwave
Allocate
allocate.co
Fundwave
fundwave.comSide by side
| Figure | Allocate | Fundwave |
|---|---|---|
| Price from | — | $800/mo |
| Free plan | — | — |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | Yes |
| iOS | — | Yes |
| Android | — | Yes |
| API | — | Yes |
| Plans published | 1 | 6 |
| Spec score · Fund Administration Software | 7.6 (#12) | 7.7 (#10) |
| Spec score · Portfolio Management Software | 7.0 (#73) | 7.7 (#48) |
| Integrations | Allocate says it integrates with major third-party wealth reporting systems but does not name them on the page opened. | The maker lists Slack, Dropbox, Google Drive, OneDrive, Zapier, DocuSign, Excel, QuickBooks, Xero, and European Central Bank exchange rates as integrations. |
| Notable limits | Allocate says its asset-manager feeder infrastructure is most valuable when aggregate investor interest is expected to be at least $10 million, with smaller commitments such as $100,000–$500,000 cited as examples. | All Products Seed and Growth include AUM limits of $50mn and $250mn per fund respectively; Enterprise lists unlimited AUM in the comparison table. |
| Purpose | Allocate provides infrastructure for wealth advisors and asset managers to manage private markets investing, including investment access, fund vehicles, subscriptions, and portfolio operations. | Fundwave is an all-in-one fund management platform for venture capital, private equity, SPV, family office, impact fund, and fund-of-funds operations. |
| Support | The contact page says a team member responds to inquiries and offers a 30-minute introductory call followed by a platform walkthrough tailored to the firm. | The maker provides a help center with documentation for fund management and dealflow, plus support contact options. |
Plans
Fundwave
- Fund Admin Seed$800 a month
- Fund Admin Growth$1,200 a month
- Fund Admin Enterprise$1,800 a month
- All Products Seed$1,400 a month
- All Products Growth$2,250 a month
- All Products Enterprise$3,400 a month
In their own words
Fundwave
Fundwave is a fund management platform for venture capital, private equity, SPVs, family offices, impact funds and fund-of-funds operations. Its administration tools cover investor closes, performance and management fees, automated journals, trial balances and financial statements. Portfolio features track investments, valuations, custom KPIs, co-investors, cashflows, IRRs and MOICs. Dealflow tools include a shared inbox, team tasks, pipeline analytics, round forecasts, deal captables and custom investment filters. Listed integrations include Slack, Dropbox, Google Drive, OneDrive, Zapier, DocuSign, Excel, QuickBooks and Xero. The maker says connections use HTTPS and TLS with 128-bit AES encryption, and that it undergoes annual SOC 2 audits. Backups are usually made each business day, with encrypted copies retained for 90 or 365 days depending on plan or product. Fund Admin Seed is $800 a month and allows up to $50 million AUM and 100 investors per fund. Growth is $1,200 a month, while Enterprise is $1,800 a month onwards and lists unlimited AUM and investors. All Products plans have separate onboarding fees.