Beonflow vs Hemrock
Beonflow
beonflow.deHemrock
hemrock.comSide by side
| Figure | Beonflow | Hemrock |
|---|---|---|
| Price from | Free | $1.67/mo |
| Free plan | Yes | Yes |
| Free trial | — | — |
| Open source | — | Yes |
| Web | Yes | Yes |
| API | — | Yes |
| Self-hosted | — | Yes |
| Plans published | 1 | 11 |
| Spec score · Fund Administration Software | 7.8 (#8) | 8.7 (#1) |
| Intended users | The private beta is onboarding a limited number of first- and second-fund German VC managers as design partners. | Hemrock describes Portfolio for SPVs, solo GPs and emerging managers, angels and syndicates, and micro and seed funds. |
| Product | Beonflow combines investor operations and compliance for German VC funds in one platform. | Portfolio is an open-source platform for venture funds that turns portfolio-company updates into structured metrics, dashboards, monitoring, and LP reporting. |
| Reporting | Investor reports, NAV, and performance reporting can be generated from fund data and exported as PDF or CSV. | The platform charts MRR, burn, headcount, and custom KPIs over time and can draft quarterly LP letters and investor report cards. |
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
Beonflow
Beonflow is a web platform combining investor operations and compliance for German venture-capital funds. Its investor module covers LP registers, capital calls, distributions, capital account statements, and an LP portal. Fund teams can generate investor, NAV, and performance reports from fund data and export them as PDF or CSV. KYC and AML workflows include screening against politically exposed person, sanctions, and adverse-media lists, with evidence packages. AI extracts and cites information from fund documents, but a person must approve AI-assisted decisions. AI can be disabled per tenant, each tenant can choose its provider, and customer data is not used to train models. Beonflow runs on STACKIT, with data centres exclusively in Germany and Austria; fund data is encrypted in transit and at rest. Controls include immutable audit logs, MFA for critical actions, and separation between preparation and approval roles. Investor records, documents, and reports can be exported as CSV, PDF, or JSON, and tenant data is deleted within 30 days after termination. The private beta is onboarding a limited group of first- and second-fund German VC managers. The design-partner plan is free during the private beta.
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.