Ark vs Hemrock
Ark
arkpes.comHemrock
hemrock.comSide by side
| Figure | Ark | Hemrock |
|---|---|---|
| Price from | — | $1.67/mo |
| Free plan | — | Yes |
| Free trial | — | — |
| Open source | — | Yes |
| Web | Yes | Yes |
| API | Yes | Yes |
| Self-hosted | — | Yes |
| Plans published | 0 | 11 |
| Spec score · Fund Administration Software | 7.6 (#13) | 8.7 (#1) |
| Founded | 2017 | 2005 |
| Integrations | 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. | A prebuilt, one-way Affinity integration imports deal and relationship data into portfolio and diligence views; webhooks are listed as coming soon. |
| Reporting | Reports and dashboards can be configured for different roles, including GPs, LPs, and administrators. | The platform charts MRR, burn, headcount, and custom KPIs over time and can draft quarterly LP letters and investor report cards. |
| What it does | Ark provides fund accounting, LP reporting, investor relations, and fundraising software for private capital fund managers and administrators. | Hemrock provides open-source financial models, browser tools, and venture-fund portfolio software for founders and investors. |
Plans
Hemrock
- Free pay-what-you-want toolsFree
- Self-hostedFree
- Cap Table & Exit Waterfall API/MCP compute$20 a year
- Fund Economics API/MCP compute$20 a year
- How to build fund infrastructure with AI workshop$75, paid once
- Standard Financial Model$149, paid once
- Cap Table, Exit Waterfall, and Portfolio Construction workshop$175, paid once
- Hosted$250 a month
- Working session$395, paid once
- Setup and support$2,500, paid once
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.
Hemrock
Hemrock Portfolio is an open-source platform for venture funds that turns company updates into structured metrics, dashboards, monitoring and LP reporting. Users can forward PDF, Excel, PowerPoint or plain-text updates; AI extracts metrics and flags uncertain results for review. The platform charts MRR, burn, headcount and custom KPIs over time, and can draft quarterly LP letters and investor report cards. It supports user-provided AI keys for Anthropic, OpenAI, Google Gemini and OpenRouter, as well as local models through Ollama. Designed to run on a customer’s own infrastructure, database and AI keys, it is described by Hemrock as keeping portfolio data separate from other funds and out of model training. The Apache License 2.0 permits personal or commercial use. Optional Fund Operations adds a double-entry ledger for funds, SPVs, direct deals or GP entities, plus period closing and a compliance calendar. Self-hosted use is free; Hosted starts at $250 a month, and Setup and support starts at $2,500, paid once.