Treasury—centralized capital management
Benefits
Venture banking is complicated, but it doesn't need to be fragmented. With AngelList Treasury, set up, operate, and report from one live, integrated dashboard across all your funds and accounts
Features
Seamless account setup
Get started by opening an operating account with enhanced deposit coverage through our partner banks or link an existing account. For long-term capital storage needs, opt for our simplified process to create a GSIB vault account using our programmatic connection.
Operational control
Execute on all your fund and cash management tasks in a single location. From deploying funds and paying expenses to approving wire transfers and distributing capital. Invest in Money Market Funds to optimize your IRR or request a Capital Call Line of Credit directly through your dashboard.
Certain of these other products are not FDIC insured, are not bank guaranteed, are not deposits, are not insured by any federal government agency, and may lose value.
Unified reporting
Consolidated and live reporting across all of your accounts, for all of your funds, in one place. View balances and wire history within a single ledger.
Maximized deposit protection
Sweep NetworkOptimized deposit protection
GSIB AccountsProgrammatically connected
Wire TransfersCustomized approval workflows
SOC2 Certified & 2FAEnsured account security
Pricing
$5k annual fee
One annual all-in-fee that includes:
- Programmatic GSIB & networked banking accounts
- Domestic & international wires & ACH transfers
- Unified reporting & operating control across accounts
- Premium Money Market Funds and Lines of Credit features offered at service costs
For existing AngelList customers, please reach out to your account manager for more information.
FAQ
Everything you
need to know
Money market funds are registered investment companies typically used for cash management by institutional and retail investors. Their investment objectives include generation of income and preservation of capital. We partner with Frec, an introducing broker-dealer, to facilitate investment in the JPMorgan U.S. Government Money Market Fund OGVXX.
Once transfers are initiated and approved, funds are typically transferred within 2 business days.
You can set robust permissions, with separate roles for creation and approval of wires. International and domestic wires, in USD and foreign currencies, are supported, all for free.
This is provided through Piermont Bank. Piermont has provided a templatized Line of Credit agreement for venture capital funds that are interested in entering into a capital call line of credit. Piermont will work with you to underwrite and originate your loan.
We currently support GSIB Vault account creation at Morgan Stanley.
You can connect with over 3,000 financial institutions. For additional questions, please reach out to treasury@angellist.com
AngelList Treasury has no minimum balance requirement. The Money Market Fund and Vault features are only available if your operating account holds at least $100,000.
Funds domiciled outside of the US will be reviewed on a case-by-case basis by our banking partners. You can reach out directly to treasury@angellist.com if you're interested in AngelList Treasury and have a fund domiciled outside of the US.
For any additional questions, please reach out to treasury@angellist.com
Ready to experience AngelList Treasury?
Unlock flexible, secure, streamlined banking for all your VC capital management needs.
Looking for a venture operating account?
AngelList's Networked Banking provides venture funds with a networked approach to banking. Seamlessly open an operating account utilizing our partner banks' sweep network for enhanced deposit protection.
