Q4 Releases & Product Updates

As AngelList continues to innovate in 2025, we’re excited to recap critical work from last quarter that focused on improving our offerings for private markets. We continued to invest significantly in our infrastructure in Q4 2024, while shipping a range of product enhancements to deliver a better experience for funds, investors, and companies.

Keep reading for the latest updates across our Investor Management, Equity Management, and Full Service Fund Management solutions.

Investor Management

For funds larger than $150M, AngelList provides fund admin-agnostic software to improve efficiency for all fund operators, investors, and their service providers. Through integrated Data Rooms, Digital Subscriptions, and an Investor Portal, AngelList provides a modern Investor Management platform with a single login.

[Spotlight Feature] Enhanced Bulk Uploads — Investor Portal users and their fund administrators can save time by uploading bulk files across various investor entities all at once. Once uploaded, users can opt to generate an e-mail to notify their investors that new file(s) are available.

Additional Releases:

• Universal Directory — All Investor Management users now have access to a directory of People and Entities, creating a more centralized source of truth to manage investor interactions. Previously available in the Investor Portal only, Data Room and Transact customers now have enhanced visibility into all contacts they have interacted with across data room invites or even those who completed a transaction.
• Integrated Transaction Reminders — Fund operators can now create and push custom e-mails to investors to remind them of pending transactions directly within the platform. A “Send Reminder” button will appear in the GP’s view of Transact when forms are incomplete, documents unsigned, or there’s an outstanding request.
• Fillable Document Preview — GPs now have a simpler way to preview investor documents in a given transaction. Within the Transact testing panel, Preview and Download options appear alongside all fillable PDFs and will generate complete investor documents with test data.

Full Service Fund Management

AngelList offers an all-in-one solution for fund managers looking to launch, run, and scale a fund. We pair our software with Belltower’s fund administration services for venture funds, rolling funds, and syndicates.

[Spotlight Feature] Financial Statements in Accounting Dashboard — Funds enrolled to receive financial reports can now download accountant-verified financials directly from the new Accounting Dashboard as Excel workbooks. These financial reports provide full accounting of your fund including the balance sheet, income statement, statement of operations, cash flow statement, and portfolio reporting. Enrolled funds can find all the details on our Help Center.

Equity Management & Roll Up Vehicles (RUVs)

For companies from pre-seed to $5B in valuation, AngelList’s cap table software AngelList gives companies from pre-seed to $5B in valuation more control over their equity. Draft, issue, and track equity, get 409A valuations, and model future fundraises – all from one connected product. Leverage Roll Up Vehicles (RUVs) and SAFE Cleanups to maintain control of a cleaner cap table. Manage stakeholder relationships with secure portals, stockholder vote modeling, and option exercise automation.

[Spotlight Feature] Streamlined RUV closings — Companies using RUVs can now raise capital even faster, with the entire closing process integrated into the platform. In a few clicks, companies and their law firms can initiate the close, link bank details, and generate and e-sign standard YC SAFEs.

Stay Tuned

We’re excited to continue optimizing products for funds, startups, and investors this year as we build the infrastructure that powers the startup economy. In the meantime, don’t hesitate to connect with your account manager or our team for a preview of what's coming next.