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Rolling Funds®
Subscribe quarterly and invest behind experienced VCs.
Venture Funds
Get access to top deals and build your investment portfolio.
Syndicates
Invest in startups on a deal-by-deal basis.
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Rolling Funds® Fees Breakdown
Demo Day Funds
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Build your investing wishlist. We’ll notify you if there is an opportunity.
Fund Managers
Rolling Funds®
Accept new capital quarterly so you never need to raise a new fund again.
Venture Funds
Launch and manage funds of any size — all online, all in one place.
Syndicates
Raise capital on a deal-by-deal basis and quickly deploy it to a single startup.
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AngelList’s networked banking provides increased customer access to FDIC insurance and mitigates single-bank risk through sweep accounts and banking vaults.
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Startups
Where startups are founded, run, and scaled—in one place.
Products
Equity
Raise
Banking
People
Roll Up Vehicles™
Incorporation
More
Pricing
Roll Up Vehicles™ Cost Comparison
Rollup
Investors
Rolling Funds®
Subscribe quarterly and invest behind experienced VCs.
Venture Funds
Get access to top deals and build your investment portfolio.
Syndicates
Invest in startups on a deal-by-deal basis.
More
Rolling Funds® Fees Breakdown
Demo Day Funds
What’s new
Wishlists
Build your investing wishlist. We’ll notify you if there is an opportunity.
Fund managers
Rolling Funds®
Accept new capital quarterly so you never need to raise a new fund again.
Venture Funds
Launch and manage funds of any size — all online, all in one place.
Syndicates
Raise capital on a deal-by-deal basis and quickly deploy it to a single startup.
More
Pricing
Fund Cost Calculator
VC Fund Performance Calculator
Scout Funds
What’s new
Networked banking
AngelList’s networked banking provides increased customer access to FDIC insurance and mitigates single-bank risk through sweep accounts and banking vaults.
Resources
Education Center
Everything you need to know about venture capital in one location.
Help Center
Get your questions answered and find support for AngelList products.
Blog
Get the latest news, data, and insights from the AngelList team.
More
About Us
Data Center
Careers
Fund Pricing Calculator
With AngelList there are no hidden fees.
Use our calculator to understand the costs associated with running your fund or Syndicate.
See pricing details
Venture Fund
Rolling Funds®
Syndicate
What is your target fund size?
Minimum fund size is $1M
How many investments do you plan to make?
Investments cost $1.5k per investment with 15 included in the Base plan and unlimited included in the Core and Institutional plans
Do you need someone to manage transaction reviews and valuation updates?
Yes
No
Do you plan to raise money from
family offices?
Yes
No
Do you plan to raise money from
institutional LPs?
Yes
No
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Enter your fund details to receive a price estimate
Add-on services
Non-U.S. investments
Outgoing FX wires processing; complex deployment operations to satisfy international requirements (notarizations, apostilles, fund KYC); upfront and ongoing related domestic US tax compliance reporting and any coordination with non-U.S. service providers
10 included in Core. Unlimited with Institutional
$1,000
Non-standard investments
Includes off-platform fund of fund investments and advisory share purchases
10 included in Core. Unlimited with Institutional
$2,000
Crypto investments
Documentation review, tracking, liquidation, and tax analysis for crypto assets (incl. NFTs, token warrants, SAFTs, SAFTEs, token purchase agreements)
10 included in Core. Unlimited with Institutional
$2,000
3(c)(7) parallel fund
3(c)(7) QP parallel fund setup (if fund is over LP Limit).
Learn more
$15,000
Checkbox
Fund blocker
Fund blockers are set up for investing in passthrough companies, so as to protect LPs from adverse tax consequences
$6,000
Checkbox
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Recommended
Base
Admin
Included
Organization
Included
Portfolio maintenance
Included
Tax prep
Included
Full Service cost
—
0.75% of fund size + $3.5K, per year.
(billed over 10 years)
Add-on services
—
Investments
—
Add-on costs
—
Add-on costs incurred upon use of service
Est. regulatory fees
$1,800
10-year total
—
Annual cost
—
% of total fund size
—
Pricing not available
Fund filing, transaction review, and valuation update services are required to qualify for Base tier pricing
Recommended
Core
Admin
Included
Organization
Included
Portfolio maintenance
Included
Tax prep
Included
Full Service cost
—
0.2% of fund size + $20k, per year.
(billed over 10 years)
Add-on services
—
Investments
Included
Add-on costs
—
Add-on costs incurred upon use of service
Est. regulatory fees
$1,800
10-year total
—
Annual cost
—
% of total fund size
—
Pricing not available
Fund filing, transaction review, and valuation update services are required to qualify for Core tier pricing
Recommended
Institutional
Admin
Included
Organization
Included
Portfolio maintenance
Included
Tax prep
Included
Full Service cost
—
0.15% of fund size + $35K, per year.
(billed over 10 years)
Admin
Included
Tax prep
Included
Fund Admin cost
—
0.05% of fund size + $30K, per year.
(billed over 10 years)
Add-on services
Included
Investments
Included
Add-on costs
—
Add-on costs incurred upon use of service
Est. regulatory fees
$1,800
10-year total
—
Annual cost
—
% of total fund size
—
Funds over $30M may qualify for custom pricing. Talk with one of our experts to learn more.
Annual cost assumes a 10-year fund lifetime
The Fund Pricing Calculator does not reflect placement fees payable by the Fund or GP on investments by AngelList LPs.
More here
.
Talk with an expert
Capital Raised Per Quarter
We recommend that you raise at least $500,000 per quarter.
QoQ Increase in Subscription
Anticipated % increase in subscriptions each quarter
Management Fee (annual)
Per annum over each quarterly fund's 10-year lifetime, paid quarterly over the first four years.
Most fund managers charge a 0%-2% management fee annually
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Enter your fund details to receive a price estimate
Quarter
Contributed capital
Escrowed admin fee
$20k paid upfront, the remainder over the fund’s 10-year lifetime
Escrowed mgmt fee
Paid over 4 years
Est. State Regulatory Fee
State regulatory fees refer to blue sky filing costs. These fees vary based on the geographic makeup of your LPs.
Learn more
Investable capital
This pricing is effective November 1st
What is your target investment amount?
Your allocation, or the amount you expect to wire to the company
Minimum allocation is $72,000
Minimum allocation is $72,000.
Do you plan to raise from AngelList Platform LPs in your network?
Yes
No
What are
AngelList Platform LPs
?
How much are you aiming to raise from your own LPs?
$100,000
expected raise from AngelList Platform LPs via the AngelList Platform LP vehicle
Expected raise cannot exceed the target investment.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Target investment amount
—
Setup fee
Legal and back-office operations across the lifetime of your SPV
—
Estimated state and provincial regulatory costs
Varies based on the final makeup of LPs (median is $1,200). Pro-rated across all LPs. Learn more
—
Estimated setup and regulatory costs
—
AngelList Platform LP admin fee
Actual fee charged is 0-7%, based on the final makeup of LPs, collected across 6 years. These LPs invest into a parallel vehicle that invests alongside the main vehicle into this SPV.
—
Charged on
$0
raised from AngelList LPs via the AngelList Platform LP vehicle
Before 10% fee cap
10% fee cap (excludes add-ons)
—
AngelList waives fees that exceed 10% of the total raise
Is this an international investment?
Investments into non-US-domiciled companies
Checkbox
—
Is this SPV self-advised?
SPV formation documents and back-end setup required to accommodate self-advised SPVs
Checkbox
—
Is this a non-standard investment?
Off-platform fund-of-funds.
Checkbox
—
Does this investment involve crypto assets?
Token warrants, SAFT, SAFTE, token purchase agreements
Checkbox
—
Do you need AngelList to set up an SPV blocker?
Fund blocker to invest in passthrough investments
Checkbox
—
Do you need AngelList to set up a parallel 3(c)(7) SPV?
3(c)(7) QP parallel fund for SPVs over the 249 LP limit
Checkbox
—
Do you require annual unaudited financial and capital account statements?
Checkbox
—
Add-on costs
—
Estimated target raise
For estimation purposes only. In order to wire your target allocation to the company, you should raise this estimated amount (covers fees and pass-through regulatory costs). Actual fees will vary based on final LP commitments and regulatory costs.
—
Based on a
$400,000
target investment, with
$100,000
raised from AngelList LP capital
*Target raise will vary based on final LP makeup
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
The Fund Pricing Calculator does not reflect placement fees payable by the Fund or GP on investments by AngelList LPs.
More here
.
Have questions?
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Equity
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Roll Up Vehicles™
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