investor-onboarding
(4)
SUBSCRIBE found the bottleneck in private markets. It was the paperwork.
Private funds learned to reach more investors. SUBSCRIBE built the machinery to handle them: reusable investor profiles, digital subscriptions, and a shared workflow for everyone who has to say yes.
Caruso
Caruso is an AI-native fund administration and registry platform for private markets, built to replace the spreadsheets, manual workflows and fragmented tools that fund managers have long relied on. Founded in 2023 and headquartered in Sydney with offices in Dallas and Auckland, Caruso unifies investor onboarding, capital raising, fund accounting, registry operations and investor reporting into a single system, offered as software, outsourced services, or a hybrid of both. More than 80 fund managers running 900+ funds and $55B+ in assets under administration use the platform, including enterprise clients such as Centuria Capital Group.
Anduin Transactions
Anduin is a private-markets fintech that digitizes the messy back office of alternative investing - turning paper-heavy fund subscriptions, data rooms, and investor onboarding into a single software workflow used by GPs and LPs around the world.
Juniper Square
Juniper Square is a San Francisco-based fintech company that provides an end-to-end fund operations platform for private markets managers - combining software, data, and fund administration services for general partners in private equity, venture capital, real estate, and credit. Founded in 2014, the company serves over 2,100 GPs managing more than 40,000 funds and $1 trillion in LP capital. In June 2025, Juniper Square raised a $130M Series D at a $1.1 billion valuation, reaching unicorn status, with major investors including Ribbit Capital, Fifth Wall, and Redpoint Ventures.