Side by side
Ark vs Fundwave
Both stand on fund administration software. Which one you can start free with, which one lets you read the code, and what each costs once you pay.
Paid APIWeb
Consider Ark if a private capital manager or administrator needs accounting, investor reporting, and fundraising capabilities in one platform. Buyers who need a published price should look elsewhere, since Ark provides pricing on request.
Visit Ark
Paid AndroidAPIiPhone+1
Choose Fundwave if your fund needs administration, portfolio tracking, and dealflow tools in one platform, with investor workflows and business integrations. Look elsewhere if you need a free plan or the listed AUM and seat limits do not fit; All Products plans also require one-time onboarding fees.
Visit FundwaveThe facts
| Ark | Fundwave | |
|---|---|---|
| Free plan | Not published | No |
| Open source | Not published | Not published |
| Runs on | API, Web | Android, API, iPhone, Web |
| Lowest paid plan | Not published | See the plans |
| Plans published | None | 6 |
| Maker | Not published | Fundwave |
| Website | arkpes.com | fundwave.com |
| On fund administration software | #16 of 30 | #12 of 30 |
Ark: what it does well
- Fund-specific ledger with real-time financial data
- Quarterly reports can calculate LP allocations, including carried interest
- Branded investor portal connects with back-office systems
- Bank integration supports reconciliation and capital-call tracking
- Supports capital account tracking and allocation waterfalls
What to know first
- Pricing is available on request
- The listed platforms are web and API
Fundwave: what it does well
- Tracks investments, valuations, custom KPIs, cashflows, IRRs, and MOICs.
- Automates journals, trial balances, and financial statements.
- Includes dealflow tasks, pipeline analytics, forecasts, and custom filters.
- Offers an investor portal and capital call workflows.
- Available on web, iOS, and Android, with an API.
What to know first
- There is no free plan.
- Fund Admin Seed is limited to $50 million AUM per fund.
- All Products Seed and Growth require one-time onboarding fees.
- All Products plans list three dealflow seats and one fund.