The team has been hard at working launching an array of new product enhancements across our offerings for funds, investors, and companies. Throughout Q3, increased transparency into workflows, a seamless LP experience, and cross-functional collaboration were core focus areas of our product releases.
As AngelList continues to innovate across our product lines in 2024, we're focused not only on enhancing our current infrastructure but also on releasing new products and features across all software offerings. These product updates aim to provide transparency into these efforts to keep our partners and community up-to-date on AngelList's offerings across private markets.
Investor Management
For funds larger than $150M, AngelList provides fund admin-agnostic software for you to prospect, close, and nurture long-term investor relationships – all within a unified platform. You can impress your investors from day one with software modernizing Data Rooms, digital sub docs, and investor portals.
[Spotlight Feature] Improved signing experience for LPs –creating a seamless signing experience for investors, we’ve integrated an intuitive overlay window for DocuSign, enabling investors to sign documents without leaving the page. After signing, investors are redirected to a status page where they can track all required signatures. This view is also accessible to fund managers.
Additional Releases:
Preview the LP onboarding experience –you can now preview the exact workflow each LP will experience. With new testing tools, you can audit the workflow step-by-step by setting an investor entity, viewing dynamic questions, auto-filling them with mock data, and generating a "final" document with the test data.
Added onboarding visibility for investors – when an LP is filling out a transaction, they can now view a list of required or associated documents in the left-hand sidebar, providing added transparency and the option to preview or download supporting files.
Track LP onboarding progress at a glance – GPs can now see the remaining steps in an LP transaction directly from the Transactions dashboard by hovering over a deal to view a detailed breakdown.
Customized Transact landing pages for LPs –GPs can now create custom landing pages for LPs to select between different transaction types (subscriptions to different funds, different types of transactions, etc) to align with their investment needs.
Interactive dashboard filters – instead of manually searching for a specific transaction, we've added additional filters to the Transaction dashboard, allowing you to filter by status directly from the pipeline panel.
Clarify templates for LPs by adding descriptions – GPs can now add descriptions to templates, making it easier for LPs to understand the differences between transaction types and providing high-level information about a fund, such as minimum amounts or closing dates.
Control and grant authorized signatory permissions –organization admins can more easily manage internal access and signatory permissions by granting additional team members authorized signatory rights for a specific fund, all funds, and/or any newly added funds in the future.
Ability to send signatory reminders – LPs and GPs can send email reminders with a simple click to any pending signatories, helping to advance the transaction process toward completion.
Portfolio Management
AngelList provides comprehensive, AI-powered portfolio management software (Relay) to centralize all portfolio data and help firms execute key workflows such as valuation updates, SOI reconciliation, and monitoring portfolio company key performance using data from company updates and legal documents.
[Spotlight Feature]Enhanced visibility and context for parsed metrics – users can now easily view the underlying context of why and how a term was automatically parsed from a company update sent by a portfolio company, providing deeper insights into the surfaced KPI metrics.
Equity Management for Founders
For companies from pre-seed to $5B in valuation, AngelList’s cap table software removes the friction from managing startups’ greatest asset, their equity. Draft and sign options, shares, or SAFEs all from one connected product. Give employees and shareholders secure dashboards to track vesting, exercise their options, and access important documents.
[Spotlight Feature] New tables for bulk cap table updates – companies and law firms can now make bulk updates to cap tables in AngelList Equity more efficiently by leveraging new tables for streamlined imports.
Additional Releases:
Draft and stage securities for review – companies and their law firms can now draft and stage securities, ranging from simple to complex, for review to ensure accuracy before publishing them to the cap table.
Real-time cap table visibility for stakeholders – companies can now enable stakeholders to view a real-time summary or detailed view of the cap table directly through their stakeholder portals, eliminating the need to manually send these periodically via Excel outputs.
Pro Forma cap table generation in Excel – within seconds, companies and their law firms can seamlessly generate pro forma models of their cap table from AngelList Equity into Excel, complete with all formulas.
Demo cap table accounts for law firms – as we grow our partnerships with leading law firms, we've released a sandbox cap table environment to help them become more familiar with the functionality and benefits of AngelList Equity.
Stay Tuned
Be on the lookout as we continue to ship updates across our product offerings for funds, startups, and investors. We’re excited to continue to evolve our product offerings as we continue to build the infrastructure that powers the startup economy.
If you have questions on any of the above releases, product offerings, or upcoming features—don’t hesitate to reach out to your account manager or contact our team directly here. To learn more about our products, visit AngelList.com.
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