fundflow vs Hemrock
fundflow
fundflow.nlHemrock
hemrock.comSide by side
| Figure | fundflow | Hemrock |
|---|---|---|
| Price from | — | $1.67/mo |
| Free plan | — | Yes |
| Free trial | — | — |
| Open source | — | Yes |
| Web | Yes | Yes |
| API | — | Yes |
| Self-hosted | Yes | Yes |
| Plans published | 0 | 11 |
| Spec score · Fund Administration Software | 7.2 (#21) | 8.7 (#1) |
| Fund operations | Features include daily NAV calculations, capital calls and distributions, and waterfall and carried-interest calculations. | Optional fund operations adds double-entry accounting, capital accounts, statements, carry, period close, and compliance workflows. |
| Integrations | Fundflow says it can connect to bank feeds, custodians, accounting systems, email, and KYC providers when they have an API. | A prebuilt, one-way Affinity integration imports deal and relationship data into portfolio and diligence views; webhooks are listed as coming soon. |
| Intended users | The product is built for fund managers, administrators, investment offices, and family offices. | Hemrock describes Portfolio for SPVs, solo GPs and emerging managers, angels and syndicates, and micro and seed funds. |
| Product | Fundflow builds custom, agent-run back-office software for private capital. | Portfolio is an open-source platform for venture funds that turns portfolio-company updates into structured metrics, dashboards, monitoring, and LP reporting. |
| Reporting | Fundflow says its fee reporting follows ILPA v2.0 standards. | 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
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.