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Fund Managers

Scout Funds

Everything you need to manage your scout fund. AngelList handles all overhead and back-office services, so you can focus on your scouts and their deals.

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Manage your scouts with ease

Dedicated Scout ExperienceTailored permission levels and visibility settings for scouts

Flexible Carry StructuresCustom carry structures to achieve desired economics for each scout

Investment Approval ProcessOptional review and approval process for each investment by scout fund sponsor


Reporting and Tracking

Set your scouts’ budgets, track their investments, and monitor their performance individually or in aggregate.

Budget Tracking
Dedicated budget tracking for each of your scouts.

Scout-Specific Reporting
Monitor each scout’s budget and performance.

Fund Performance
Monitor the overall performance and budget of the fund.

Distributions to Scouts
Distribute capital directly to scouts, including support for trusts.


Customize your side letters, investment forms, and carry structures to fit your firm’s needs.

Custom Side Letters + LPA amendments
Reviews of adjustments to standard LPA terms to accommodate custom fund requirements.

Custom Investment Forms
Specify what information scouts should include for each investment.

Flexible Carry Structures
Choose between carry pools, deal-by-deal, or scout-by-scout carry.

ERA Supervisory Program for Scouts
Option to utilize an AngelList affiliated ERA supervisory program for your scouts.

Everything you need to run your fund

AngelList provides a complete solution with premium service to ensure your fund runs smoothly. We handle legal formation, capital calls, tax documents, and all the other back-office services your fund needs.

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Scout Funds