Fundwave
Equity management software
Investment accounting software
Investor relationship management software
Investor reporting software
Venture capital management software
Accounting & finance software
Financial services software
Investor relations software
- Features
- Ease of use
- Ease of management
- Quality of support
- Affordability
- Market presence
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$75 per month
Free TrialFree version
Small
Medium
Large
- Public sector and nonprofit organizations
- Banking and insurance
- Manufacturing
What is Fundwave
Fundwave is a venture capital fund administration platform used to manage fund accounting, portfolio data, and investor reporting. It supports workflows such as capital calls and distributions, NAV and performance calculations, and LP communications. The product is typically used by venture capital firms and fund administrators that need an integrated system for investment accounting and investor reporting.
Fund accounting and allocations
Fundwave focuses on core fund administration needs such as tracking contributions, distributions, fees, and expenses at the fund and investor level. It supports allocation logic needed for partnership accounting and investor statements. This aligns well with firms that need accounting-grade records rather than only cap table management.
Investor reporting workflows
The platform is designed to produce recurring LP reporting outputs such as statements and fund-level reports. It centralizes investor data and reporting history to reduce reliance on spreadsheets and email threads. This can help standardize reporting processes across multiple funds and reporting periods.
Portfolio and investment tracking
Fundwave maintains portfolio company and investment records alongside fund accounting data. This supports end-to-end visibility from deal activity through financial reporting. Keeping these datasets in one system can reduce reconciliation work between separate portfolio tracking and accounting tools.
Limited public product detail
Publicly available documentation on features, integrations, and security/compliance controls is limited compared with more widely documented platforms in this category. This can make early-stage evaluation and requirements mapping harder. Buyers may need vendor-led demos and direct references to validate fit.
Integration ecosystem uncertainty
Information on prebuilt integrations (e.g., general ledger systems, banking, document management, or data warehouses) is not clearly verifiable from public sources. If integrations are limited, teams may rely on manual imports/exports or custom work. That can increase implementation time and ongoing operational overhead.
May not cover equity administration
While it addresses fund administration, it may not replace dedicated equity management tools for portfolio companies (e.g., option plan administration, 409A workflows, employee equity portals). Firms that want both fund accounting and cap table administration in one stack may still need separate systems. This can introduce duplicated data entry across fund and portfolio operations.
Plan & Pricing
SPV Pricing (tiered annual plans)
| Plan | Price | Key features & notes |
|---|---|---|
| Starter | $4,500 per year (billed quarterly) | Deal, asset & investor management; Up to $50M AUM; Unlimited SPV team users; 3 dealflow users included; Up to 100 investors; Investor portal file sharing. |
| Seed | $6,000 per year (billed annually) | Everything in Starter plus Fundwave AI; shared inbox; automation builder; record cashflows & valuations; cap table import; SPV accounting; reporting & modelling; annual NAV statements. |
| Growth | $9,000 per year (billed annually) | Everything in Seed plus up to $250M AUM; transactions across SPVs; J-curve projections; 250 investors included; multiple drawdowns & distributions; quarterly NAV statements; granular permissions; exit waterfall; custom reporting. |
| Enterprise | Custom pricing | Everything in Growth plus unlimited AUM, custom investor portal domain, SAML SSO, premier support, regional data residency, live onboarding training, customer success manager. |
Add-ons & notes (SPV): Fundwave AI listed as an add-on (see below). Pricing page notes “Minimum number of SPVs apply.” Additional investors: additional 25 investors @ $50/mo (per page). Additional dealflow users @ $50/user/mo (per page).
All Products (All-in-one fund management) - tiered monthly plans
| Plan | Price | Key features & notes |
|---|---|---|
| Seed | Starts at $1,400 per month | A complete fund management platform (AUM up to $50M per fund); capital calls & distributions; fund accounting; KPI monitoring; captable management; up to 100 MB/file; personalized URL; includes 1 fund; required one-time Seed Onboarding fee $4,000 (page note). |
| Growth | Starts at $2,250 per month | Seed features plus AUM up to $250M per fund; carried interest calculations; reporting across funds; advanced reporting; exit waterfall; J-curve projections; AI-enabled workflows. Includes required one-time Growth Onboarding fee $6,000 (page note). |
| Enterprise | Custom pricing | Growth features plus SAML SSO, premier support, data residency, live onboarding, CSM. |
Notes (All Products): Monthly prices shown; annual billing offers a discount (site shows annual option and a -16.67% indicator). Costs shown exclude required one-time onboarding fees listed on the official pages.
Dealflow (standalone) - tiered monthly plans
| Plan | Price | Key features & notes |
|---|---|---|
| Dealflow Seed | Starts at $75 per month | Essential dealflow platform; includes 3 dealflow seats; data enrichment, pitch page, email integrations, pipeline analytics. Additional seats start at $25/mo. |
| Dealflow Growth | Starts at $150 per month | AI-powered dealflow; includes 3 seats; AI workflows, round forecasting, import cap tables, email & task automation, private deals. Additional seats start at $50/mo. |
| Dealflow Enterprise | Custom pricing | Advanced permissions & security, SAML SSO, premier support, data residency, onboarding & CSM. |
Dealflow + Portfolio (bundle) - tiered monthly plans
| Plan | Price | Key features & notes |
|---|---|---|
| Seed | Starts at $575 per month | Combines dealflow & portfolio management; includes 3 dealflow seats and 1 fund; AUM up to $50M per fund; cost does not include required one-time Seed Onboarding fee $1,500 (page note). |
| Growth | Starts at $950 per month | Seed plus AUM up to $250M per fund; advanced reporting; AI workflows; includes 3 dealflow seats and 1 fund; onboarding fee (Growth) $2,500 (page note). |
| Enterprise | Custom pricing | Advanced controls, SSO, premier support, data residency, onboarding & CSM. |
Add-on: Fundwave AI
| Add-on | Price | Notes |
|---|---|---|
| Fundwave AI | From $100 per fund per month | Curated prompts, summaries, secure AI (no 3rd-party APIs). |
Other official notes (from the vendor site):
- Several product pages and the homepage advertise a free sign-up and “completely free” offerings for certain fund types (VC, Private Equity, Corporate VC, Impact Funds, Fund of Funds). The site shows “Sign up - it's FREE” and “No credit card required.”
- Some feature pages (e.g., Investment Summary / Portfolio pages) advertise a 14-day free trial (explicitly shown as “14-day Free Trial | No Credit Card Required”).
All information above was taken directly from Fundwave's official website pricing and product pages (Fundwave domain).
Seller details
Fundwave
