Three fund options,
pricing and features to meet your needs
We provide a one-stop solution with legal, regulatory, and back-office services that support a variety of different fund types.
Venture Funds
Raise capital from LPs, execute on deals, and manage your portfolio.
Rolling Funds®
Accept new capital every quarter so you never need to raise another fund.
Syndicates
Raise privately on a deal-by-deal basis. Leverage the AngelList Capital Network to fund your deals.
Venture Funds
Raise capital from LPs, execute on deals, and manage your portfolio
Base
Best for funds under $3M
Everything you need to start and manage your fund (legal fund formation, fund admin, fund filings, investor closings, tax)
Full Service
annualized cost
0.75% of fund size + $3.5k
Fund admin, tax services, fund filings, transaction reviews, and valuation support
Number of investments:
15
State regulatory fees:
Variable
Pricing may vary with add-on services
Core
Best for funds between $3M and $30M
Our most flexible plan: everything in Base, plus a dedicated account manager and no limit on number of investments
Fund Admin only
annualized cost
0.1% of fund size + $15k
Fund admin, fund filings, & tax services
Full Service
annualized cost
0.2% of fund size + $20k
+ transaction reviews & valuation support
Number of investments:
Unlimited
State regulatory fees:
Variable
Pricing may vary with add-on services
Institutional
Best for funds over $30M
The best plan for large or complex funds: every add-on provided at no extra cost.
Fund Admin only
annualized cost
0.05% of fund size + $30K
Fund admin, fund filings, & tax services
Full Service
annualized cost
0.15% of fund size + $35k
+ transaction reviews & valuation support
Number of investments:
Unlimited
State regulatory fees:
Variable
All add-on services included
Compare Venture Fund Plans
Use an AngelList entity as your fund's GP and advisor
Provide AngelList with your GP entity to run a self-advised fund
Legal Fund Formation
Use AngelList’s standard fund formation documents (vetted by top tier law firms) to form your fund
Use custom documents drafted by your own legal counsel
Base Services
Fundraising Platform: All funds gain access to AngelList's vetted capital network.
Customer success manager assigned to run fund operations and provide advisory services.
Learn more
Fund bank account setup with multi-currency transactions
Analysis, transfer, and logging of assets purchased by fund lead prior to fund set up
Closing coordination and outgoing wire processing to portfolio companies
Treasury services to track all incoming and outgoing wires; provision of pro forma or cap table data as provided
Investment documentation storage, investment terms and accepted securities recordkeeping, fund asset custodianship and tracking, LP document sharing
Access to GP dashboard providing fund's live capital balance, current valuation, performance return calculations at fund and investment level, waterfall modeling, and payout and financing round modeling
General ledger and account record maintenance; expense tracking and payment for the fund
Deal Partners for carry sharing agreements on specific deals
Streamlined funds transfer process; distributions calculation and management
Secure portal for drafting and publishing portfolio company updates to LPs
Capital call distribution and management
Creation and maintenance of Delaware investing entity, including annual fee payments
Fully electronic and integrated closing process for LPs
Protective Transaction Reviews
Review of investment terms to ensure alignment with fund thesis and GP expectations
Review of portfolio company transactions requiring existing shareholder sign-off; legal, financial, and rights issues resolution
Active investment tracking by cost, value (realized and unrealized), multiple, and date
Live valuation, position, and financial reporting for each investment
Valuation summary updates published to GP dashboard
Income and expense tracking and allocation by tax characteristic
Fund tax preparation and filing (Form 1065)
Unaudited financial statements and capital account statements provided to LPs (upon
request at fund launch)
Annual
Quarterly
Add-On Services
Prices for add-on services cover the add-on for the
fund's entire lifetime
Additional Investments
$1.5k per investment
Deployment and management of additional investments
$1.5k per investment
Non-U.S. Investments
$1k per investment
10 included
$1k per additional investment
Outgoing FX wires processing; complex deployment operations to satisfy international
requirements (notarizations, apostilles, fund KYC); upfront and ongoing related domestic U.S. tax compliance
reporting and any coordination with non-U.S. service providers
$1k per investment
10 included
$1k per additional investment
Non-Standard Investments
$2k per investment
10 included
$2k per additional investment
Off-platform fund of fund investments (reporting outreach, K-1 outreach); advisory
shares (83b filings, investment analysis)
$2k per investment
10 included
$2k per additional investment
Crypto Investments
$2k per investment
10 included
$2k per additional investment
Documentation review, tracking, liquidation, and tax analysis for crypto assets (incl.
NFTs, token warrants, SAFTs, SAFTEs, token purchase agreements)
$2k per investment
10 included
$2k per additional investment
3(c)(7) Parallel Funds
$15k
$15k
3(c)(7) QP parallel fund setup (if fund reaches LP Limit).
Learn more$15k
$15k
Fund blocker setup for investing in passthrough investments
$6k
$6k
Passthrough Fund Expenses
State Regulatory Fees
Variable
Variable
Variable
Blue sky filing fees incurred based on geographic makeup of fund LPs.
Learn
moreVariable
Variable
Variable
Fund Audit
Contact Sales / Acct Mgmt
Audited financial statements (in partnership with external auditor)
Contact Sales / Acct Mgmt
GP Services
Management Company
Contact Sales / Acct Mgmt
Contact Sales / Acct Mgmt
Contact Sales / Acct Mgmt
Contact Sales / Acct Mgmt
Contact Sales / Acct Mgmt
Contact Sales / Acct Mgmt
Use an AngelList entity as your fund's GP and advisor
Provide AngelList with your GP entity to run a self-advised fund
Legal Fund Formation
Use AngelList’s standard fund formation documents (vetted by top tier law firms) to form your fund
Use custom documents drafted by your own legal counsel
Base Services
Fundraising Platform: All funds gain access to AngelList's vetted capital network.
Customer success manager assigned to run fund operations and provide advisory services.
Learn more
Fund bank account setup with multi-currency transactions
Analysis, transfer, and logging of assets purchased by fund lead prior to fund set up
Closing coordination and outgoing wire processing to portfolio companies
Treasury services to track all incoming and outgoing wires; provision of pro forma or cap table data as provided
Investment documentation storage, investment terms and accepted securities recordkeeping, fund asset custodianship and tracking, LP document sharing
Access to GP dashboard providing fund's live capital balance, current valuation, performance return calculations at fund and investment level, waterfall modeling, and payout and financing round modeling
General ledger and account record maintenance; expense tracking and payment for the fund
Deal Partners for carry sharing agreements on specific deals
Streamlined funds transfer process; distributions calculation and management
Secure portal for drafting and publishing portfolio company updates to LPs
Capital call distribution and management
Creation and maintenance of Delaware investing entity, including annual fee payments
Fully electronic and integrated closing process for LPs
Protective Transaction Reviews
Review of investment terms to ensure alignment with fund thesis and GP expectations
Review of portfolio company transactions requiring existing shareholder sign-off; legal, financial, and rights issues resolution
Active investment tracking by cost, value (realized and unrealized), multiple, and date
Live valuation, position, and financial reporting for each investment
Valuation summary updates published to GP dashboard
Income and expense tracking and allocation by tax characteristic
Fund tax preparation and filing (Form 1065)
Financial Statements
Annual
Quarterly
Unaudited financial statements and capital account statements provided to LPs (upon
request at fund launch)
Annual
Quarterly
Add-On Services
Prices for add-on services cover the add-on for the
fund's entire lifetime
Deployment and management of additional investments
Non-U.S. Investments
10 included
$1k per additional investment
Outgoing FX wires processing; complex deployment operations to satisfy international
requirements (notarizations, apostilles, fund KYC); upfront and ongoing related domestic U.S. tax compliance
reporting and any coordination with non-U.S. service providers
10 included
$1k per additional investment
Non-Standard Investments
10 included
$2k per additional investment
Off-platform fund of fund investments (reporting outreach, K-1 outreach); advisory
shares (83b filings, investment analysis)
10 included
$2k per additional investment
Crypto Investments
10 included
$2k per additional investment
Documentation review, tracking, liquidation, and tax analysis for crypto assets (incl.
NFTs, token warrants, SAFTs, SAFTEs, token purchase agreements)
10 included
$2k per additional investment
3(c)(7) Parallel Funds
$15k
3(c)(7) QP parallel fund setup (if fund reaches LP Limit).
Learn more
$15k
Fund blocker setup for investing in passthrough investments
$6k
Passthrough Fund Expenses
State Regulatory Fees
Variable
Variable
Blue sky filing fees incurred based on geographic makeup of fund LPs.
Learn
more
Variable
Variable
Fund Audit
Contact Sales / Acct Mgmt
Audited financial statements (in partnership with external auditor)
Contact Sales / Acct Mgmt
GP Services
Management Company
Contact Sales / Acct Mgmt
Contact Sales / Acct Mgmt
Contact Sales / Acct Mgmt
Contact Sales / Acct Mgmt
Rolling Funds®
Accept new capital every quarter so you never need to raise another fund.
Core
An all-encompassing solution to accept and invest money from your LPs on a quarterly basis.
Full Service
quarterly cost
0.15% of fund size ($20k minimum) per quarterly fund
Fund admin, tax services, fund filings, transaction reviews, and valuation support
Number of investments:
Unlimited
State regulatory fees:
Variable ($4k max)
Quarterly costs consist of an upfront setup fee and an ongoing fund services fee over 10 years
View all Rolling Fund™ Services
Base Services
All Rolling Funds gain access to AngelList 's vetted capital network. Rolling Funds are
also permitted to publicly fundraise under 506(c) regulation
Customer success manager assigned to run fund operations and provide advisory services.
Learn more
Quarterly fund bank account setup with multi-currency transactions
Analysis, transfer, and logging of assets purchased by fund lead prior to fund setup
Closing coordination and outgoing wire processing to portfolio companies
Treasury services to track all incoming and outgoing wires; provision of pro forma or cap table data as provided
Investment documentation storage, investment terms and accepted securities recordkeeping, fund asset custodianship and tracking, LP document sharing
Access to GP dashboard providing fund's live capital balance, current valuation, performance return calculations at fund and investment level, waterfall modeling, and payout and financing round modeling
General ledger and account record maintenance; expense tracking and payment for the fund
Deal Partners for carry sharing agreements on specific deals
Streamlined funds transfer process; distributions calculation and management
Secure portal for drafting and publishing portfolio company updates to LPs
Capital call distribution and management
Use AngelList’s standard fund formation documents (reviewed by top tier law firms) to form your Rolling Fund
Creation and maintenance of Delaware investing entity, including annual fee payments
Fully electronic and integrated closing process for LPs
Protective Transaction Reviews
Review of investment terms to ensure alignment with fund thesis and GP expectations
Review of portfolio company transactions requiring existing shareholder sign-off; legal, financial, and rights issues resolution
Active investment tracking by cost, value (realized and unrealized), multiple, and date
Live valuation, position, and financial reporting for each investment
Valuation summary updates published to GP dashboard
Income and expense tracking and allocation by tax characteristic
Fund tax preparation and filing (Form 1065)
Investor Schedule K-1 preparation
Additional Services
Outgoing FX wires processing; complex deployment operations to satisfy international requirements (notarizations, apostilles, fund KYC); upfront and ongoing tax analysis
Off-platform fund of fund investments (reporting outreach, K-1 outreach); advisory shares (83b filings, investment analysis)
Documentation review, tracking, liquidation, and tax analysis for crypto assets (incl. NFTs, token warrants, SAFTs, SAFTEs, token purchase agreements)
3(c)(7) QP parallel fund setup (if fund reaches LP Limit).
Learn more
Fund blocker setup for investing in passthrough investments
Passthrough Fund Expenses
State Regulatory Fees
Variable, $4k max per quarter
Blue sky filing fees incurred based on fund LP geographic makeup.
Learn moreVariable, $4k max per quarter
GP Services
Management Company
Contact Sales / Acct Mgmt
Management company formation, bank account setup, filing, and ongoing maintenance
Contact Sales / Acct Mgmt
Syndicates
Raise privately on a deal-by-deal basis. Leverage the AngelList Capital Network to fund your deals.
Core
End-to-end SPV support, including SPV formation, admin, filings, investor closings, and tax
State
regulatory fees:
Variable ($4k max)
Pricing may vary with add-on services
Institutional
The best option for large scale SPVs. An all-in tier that provides all ad-ons at no extra cost.
State
regulatory fees:
Variable ($4k max)
Pricing may vary with add-on services
View all Syndicate Services
Fully digital form to submit Syndicate terms on the AngelList platform; all deals reviewed within 48 hours
Deal Partners for carry sharing agreements on specific deals
Syndicate bank account setup
Closing coordination and outgoing wire processing to portfolio companies
Storage of investment documentation, recordkeeping of investment terms and accepted securities, custodianship and tracking of the Syndicate's assets, LP document sharing
Access to GP dashboard providing fund's live capital balance, current valuation, performance return calculations at fund and investment level, waterfall modeling, and payout and financing round modeling
General ledger and account record maintenance; expense tracking and payment for the Syndicate
Streamlined funds transfer process; distributions calculation and management
Secure portal for drafting and publishing portfolio company updates to LPs
Capital call distribution and management
Legal Syndicate Formation
Standard Syndicate formation documents (reviewed by top tier law firms) to form your Syndicate
Creation and maintenance of Delaware investing entity, including annual fee payments
Fully electronic and integrated closing process for LPs
Protective Transaction Reviews
Review of investment terms to ensure alignment with Syndicate thesis and GP expectations
Review of company transactions requiring existing shareholder sign-off; legal, financial, and rights issues resolution
Active investment tracking by cost, value (realized and unrealized), multiple, and date
Live valuation, position, and financial reporting for each investment
Valuation summary updates published to GP dashboard
Income and expense tracking and allocation by tax characteristic
Fund tax preparation and filing (Form 1065)
Additional Services
Outgoing FX wires processing; complex deployment operations to satisfy international requirements (notarizations, apostilles, fund KYC); upfront and ongoing tax analysis
Advisory shares (83b filings, investment analysis); fund of funds (reporting outreach, K-1 outreach); secondaries (underlying investment tracking and reporting)
Documentation review, tracking, liquidation, and tax analysis for crypto assets (incl. NFTs, token warrants, SAFTs, SAFTEs, token purchase agreements)
3(c)(7) QP parallel fund setup (if fund reaches LP Limit).
Learn more
Add-On Services
Prices for add-on services cover the add-on for the fund's entire lifetime
Self-Advised Syndicate
$4k
Syndicate formation documents and back-end setup required for self-advised Syndicates to accommodate secondary, crypto, and non-venture qualified deals
$4k
Passthrough Fund Expenses
State Regulatory Fees
Variable, $4k max
Blue sky filing fees incurred based on fund LP geographic makeup.
Learn moreVariable, $4k max
Fund Audit
Contact Sales / Acct Mgmt
Audited financial statements (in partnership with external auditor)
Contact Sales / Acct Mgmt
