Introducing: AngelList Treasury

Venture funds have specific capital management needs and workflows. Historically, these needs have been abstracted across separate processes and portals, requiring manual setup and operations. This fragmentation, combined with ongoing instability in the global banking system, has made it clear to us that VCs need a unified capital management system that offers transparency, flexibility, peace of mind, and optimizes capital utilization.

We’ve helped VCs manage their capital for over eight years. Our infrastructure has moved $57B+ on our ledger, facilitated 170k+ distributions, and initiated 660k+ capital calls to LPs. Since the banking turbulence in March, our multi-bank software has moved $6.4B+. We've now taken this infrastructure and experience, and created a standalone software product to power any venture fund, even those not on our full-service offering.

AngelList Treasury is the first-ever banking product purpose-built to streamline the complex and unique workflows of venture funds. All the best practices of institutional capital management are integrated into a single dashboard. With Treasury, VCs can seamlessly open a Global Systemically Important Bank (GSIB) account, optimize IRR, and consolidate all reporting with the security and real-time data access venture funds need—all in one place.

What’s Included

AngelList Treasury is designed for funds of any stage or size, with any back office provider. Treasury customers have access to:

• Partnerships with GSIBs: Store long term capital with a Vault account at a GSIB. Vault accounts are programmatically connected to allow for simplified setup and easy capital deployment.
• Networked Banking: Sweep infrastructure automatically distributes deposits across a network of 500+ partner banks to ensure up to $125M in FDIC coverage for your operating capital.
• Capital Calls Lines of Credit (CCLoC): Increased IRR, smoother capital calls, and more flexible deployment with access to a capital call line of credit from a participating bank.
• Money Market Funds: Earn a yield by investing in a money market fund composed of interest-bearing U.S. government securities. Buy, sell, and view statements directly from your dashboard within a few clicks (.