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Fund migrations

Switch fund admins without the heavy lift

We make it easy to move faster and get cleaner reporting with an expert team and agent support to supercharge your fund.

Talk to an expert

Four easy steps to upgrade your fund admin

Join us for short discovery call
Devise a custom plan with our expert team, and begin your fund migration in as little as 45 minutes. We make it simple and fast.
Securely upload your files
We’ll pull in your ledger, capital accounts, LP records, and documents. Our systems analyze data while you focus on investing.
Accountants verify every number
Senior CPAs review your data with maker-checker workflows, automated document matching, and programmatic wire checks.
Go live at a clean quarter break
LPs get access, and your next report comes from AngelList. No gaps, with all your documents and numbers accounted for.

Partner with proven efficiency

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M+
K-1s delivered to-date
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Capital calls to LPs
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k+
Distributions executed

Product

Get better service and accuracy from day one

  • Personalized team
  • Custom LP experiences
  • Agentic workflows

Receive personalized account management

Partner with an expert team that knows your fund, and get one-on-one support when you need it.

Make LP experiences fast, easy, and customizable

Every LP gets real-time access to statements, documents, and capital activity, including custom onboarding flows.

Analyze your fund data in real time with AI

Connect your account to AI tools you already use, automate repetitive tasks, ask questions about your fund, and get verified answers in seconds.

Why top venture firms choose AngelList

GTMfund

For Fund II, we transitioned to a traditional closed-end fund with institutional support. This allowed us to be more intentional about our portfolio construction—how many deals we're doing, our check sizes, and the overall fund size. We worked closely with AngelList throughout this transition, and their team was incredible in supporting us.
Paul Irving
Read the Q+A
Partner
Paul Irving
Latest fund
$54M Fund II
LP base
350+ GTM Leaders

GTMfund

Partner
Paul Irving
Latest fund
$54M Fund II
LP base
350+ GTM Leaders
For Fund II, we transitioned to a traditional closed-end fund with institutional support. This allowed us to be more intentional about our portfolio construction—how many deals we're doing, our check sizes, and the overall fund size. We worked closely with AngelList throughout this transition, and their team was incredible in supporting us.
Paul Irving
Read the Q+A

Browder Capital

When we launched Fund 4 with backing from top institutions, like Sequoia + Cendana Capital, we knew we needed a partner who could support all our ILP needs — AngelList was that partner. Their timely reporting, white-glove LP service, and intuitive, software-first platform enabled us to be institutional ready.
Joshua Browder
Partner
Joshua Browder
Latest fund
$30M Fund IV
Institutional LPs
Sequoia Capital, Cendana Capital

Browder Capital

Partner
Joshua Browder
Latest fund
$30M Fund IV
Institutional LPs
Sequoia Capital, Cendana Capital
When we launched Fund 4 with backing from top institutions, like Sequoia + Cendana Capital, we knew we needed a partner who could support all our ILP needs — AngelList was that partner. Their timely reporting, white-glove LP service, and intuitive, software-first platform enabled us to be institutional ready.
Joshua Browder

Sarah Smith Fund

For the Rolling Fund specifically, I wanted to be in business from day one. The nice thing is you can always be accepting new LPs with the Rolling Fund. Literally the day I wanted to start, I was able to start investing in companies and not turn off my deal flow.
Sarah Smith
GP
Sarah Smith
Previous firm
Bain Capital Ventures
LP commitment
8 quarters

Sarah Smith Fund

GP
Sarah Smith
Previous firm
Bain Capital Ventures
LP commitment
8 quarters
For the Rolling Fund specifically, I wanted to be in business from day one. The nice thing is you can always be accepting new LPs with the Rolling Fund. Literally the day I wanted to start, I was able to start investing in companies and not turn off my deal flow.
Sarah Smith

Expertise for complex fund operations

Conor Queenan

Conor Queenan

Director of Financial Accounting

Conor Queenan

Director of Financial Accounting

CPA with over 14 years at PwC specializing in private equity and venture capital fund audits. Leads a seasoned team with experience across major accounting firms, including Deloitte, Standish, Cornerstone Fund Services, and Aduro Advisors.

Amy Gregorius

Amy Gregorius

Director of Tax

Amy Gregorius

Director of Tax

CPA with over 14 years of experience in tax for alternative assets, specializing in venture capital. Previously with Andersen and PwC, now leading a team with extensive background in institutional tax services at PwC, Grant Thornton, Andersen, and Cohen & Co.

Micah Sucherman

Micah Sucherman

Head of Customer Relations

Micah Sucherman

Head of Customer Relations

Leads AngelList's Customer Relations team, with 9 years of experience delivering expert, white-glove support at AngelList and SRS Acquiom, preceded by six years of legal practice at Gibson, Dunn & Crutcher. His team delivers operational excellence through AI-powered workflows, venture expertise, and best-in-class account support.

Nora Hafez

Nora Hafez

Institutional Fund Relations Lead

Nora Hafez

Institutional Fund Relations Lead

Nora is the first to lead Institutional Fund Relations at AngelList, drawing on two years of solving for the bespoke needs funds face as they move upmarket. Now, she is shaping a new platform built for institutional scale and complexity. Before AngelList, she spent five years in alternative lending at J.P. Morgan and restructuring at Kroll.

Maxim Kalinkin

Maxim Kalinkin

Limited Partner Relations Lead

Maxim Kalinkin

Limited Partner Relations Lead

Maxim leads Investor Relations at AngelList, owning the investor experience and service model across its venture funds and SPVs. He partners with LPs and fund managers, designs the team's workflows and tooling, and helps shape the investor-facing product. Earlier, he spent over three years in technology investment banking at Union Square Advisors.

Paul Larkin

Paul Larkin

CEO, Belltower / GM, Funds at AngelList

Paul Larkin

CEO, Belltower / GM, Funds at AngelList

Serves as General Manager of Funds at AngelList, overseeing fund operations, accounting, tax, and reporting. Previously built the private equity technology practice at Unqork, and before that was a Managing Director at KPMG advising some of the largest private markets firms.

Conor Queenan

Conor Queenan

Director of Financial Accounting

Conor Queenan

Director of Financial Accounting

CPA with over 14 years at PwC specializing in private equity and venture capital fund audits. Leads a seasoned team with experience across major accounting firms, including Deloitte, Standish, Cornerstone Fund Services, and Aduro Advisors.

Amy Gregorius

Amy Gregorius

Director of Tax

Amy Gregorius

Director of Tax

CPA with over 14 years of experience in tax for alternative assets, specializing in venture capital. Previously with Andersen and PwC, now leading a team with extensive background in institutional tax services at PwC, Grant Thornton, Andersen, and Cohen & Co.

Micah Sucherman

Micah Sucherman

Head of Customer Relations

Micah Sucherman

Head of Customer Relations

Leads AngelList's Customer Relations team, with 9 years of experience delivering expert, white-glove support at AngelList and SRS Acquiom, preceded by six years of legal practice at Gibson, Dunn & Crutcher. His team delivers operational excellence through AI-powered workflows, venture expertise, and best-in-class account support.

Nora Hafez

Nora Hafez

Institutional Fund Relations Lead

Nora Hafez

Institutional Fund Relations Lead

Nora is the first to lead Institutional Fund Relations at AngelList, drawing on two years of solving for the bespoke needs funds face as they move upmarket. Now, she is shaping a new platform built for institutional scale and complexity. Before AngelList, she spent five years in alternative lending at J.P. Morgan and restructuring at Kroll.

Maxim Kalinkin

Maxim Kalinkin

Limited Partner Relations Lead

Maxim Kalinkin

Limited Partner Relations Lead

Maxim leads Investor Relations at AngelList, owning the investor experience and service model across its venture funds and SPVs. He partners with LPs and fund managers, designs the team's workflows and tooling, and helps shape the investor-facing product. Earlier, he spent over three years in technology investment banking at Union Square Advisors.

Paul Larkin

Paul Larkin

CEO, Belltower / GM, Funds at AngelList

Paul Larkin

CEO, Belltower / GM, Funds at AngelList

Serves as General Manager of Funds at AngelList, overseeing fund operations, accounting, tax, and reporting. Previously built the private equity technology practice at Unqork, and before that was a Managing Director at KPMG advising some of the largest private markets firms.

Only pay when your migration is complete

Make next quarter your first on AngelList.

Talk to an expert

FAQs

Your questions answered

Most of your work happens upfront: one 45 minute discovery call and secure document upload. From there, your dedicated team handles verification, data migration, and LP Portal setup. You review and approve everything before go-live, but we do the heavy lifting.

Yes. We only support migrations for venture capital funds domiciled in the US with audited financials. We've successfully serviced funds with:

  • Complex waterfalls
  • International LPs
  • Multi-entity structures
  • Sophisticated carry arrangements

Our team has experience with Fund IV, V, VI stage firms and institutional LP bases.

You'll have a dedicated migration team including product and engineering leads, a dedicated accountant, and your ongoing account manager. After migration, your account manager will be your first point of contact, with direct access to the accounting and tax leads at Belltower Fund Group as needed. AngelList partners with Belltower as its trusted native fund administrator.

Typically, you need to provide LPAs, financial statements, LP records, fund formation documents, and access to your existing administrator's systems. We provide a detailed checklist after our first call.

We’re glad to assist with LP updates related to the migration if you need support. LPs often tell us they appreciate the improved technology and reporting through AngelList, and our team can assist with ongoing LP questions. All that LPs have to do is create an AngelList profile, if they’re not one of the 72,000 LPs already on the AngelList platform. We take care of the rest.

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The information contained herein is provided for informational and discussion purposes only and is not intended to be a recommendation for any investment, service, product, or other advice of any kind, and shall not constitute or imply an offer of any kind. Any investment opportunities and/or products or services shown here will only be completed pursuant to formal offering materials, a letter of intent, and/or any other agreements as determined by AngelList containing full details regarding risks, minimum investment, fees, and expenses of such transaction. Any examples are provided for illustrative purposes only and do not constitute a guarantee or prediction of any particular investment outcome. Investing in funds is inherently risky and illiquid, and comes with the risk of losing all or a substantial portion of an investment. Any references on this website to USVC are provided for informational purposes only. USVC is a separate investment product from AngelList’s platform products and services. USVC is a registered closed-end fund managed by AngelList Asset Management LLC (“AAM”), an SEC-registered investment adviser that operates independently from AngelList’s platform businesses. Nothing on this website constitutes an offer to sell, or a solicitation of an offer to buy, shares of USVC; shares of USVC are offered only by prospectus, which contains important information about the fund’s investment objectives, risks, charges, and expenses and is available at usvc.com. The terms of any product, service, or particular investment opportunity, including size, costs, and other characteristics, are set forth in the applicable constituent documents for such product, service or particular investment opportunity and may differ materially from those presented in this presentation. Such terms are subject to change without notice. For more information on AngelList and its products and services, please see here.

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