Fund Attributes
- Use AngelList entity as your fund’s GP and advisor
- Provide AngelList with your GP entity to run a self-advised fund
- 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
Fund Account Management
- Customer Success team assigned to run fund operations and provide support
Supported Investments
Unlimited investments into U.S. C-Corps, as well as non-standard investments (e.g. off-platform fund-of-funds investments involving reporting and K-1 outreach, advisory share support) and crypto investments (incl. NFTs, token warrants, SAFTs, SAFTEs, token purchase agreements) are supported at no additional cost.
Fund Manager Responsibilities
- The Fund Manager is responsible for the items listed here.
Passthrough Fund Expenses
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State Regulatory Fees |
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Variable
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|
Master LP Entity Formation
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Waived for venture funds |
Included Add-Ons
| International investments | Outgoing FX wires processing; custom documentation requirements (e.g. notarizations, apostilles, fund KYC); upfront and ongoing tax analysis. |
Included (Typically $1,000 per investment) |
| Indian investments |
|
Included Included (Typically $2,800 per fund) |
| Non-standard investments | Advisory shares (investment analysis); fund of funds (reporting outreach, K-1 outreach) |
Included (Typically $2,000 per investment) |
| Crypto investments | Documentation review, tracking, and tax analysis for crypto assets (incl. NFTs, token warrants, SAFTs, SAFTEs, token purchase agreements) |
Included (Typically $2,000 per investment) |
|
3(c)(7) parallel fund |
3(c)(7) QP parallel fund setup |
Included (Typically $15,000 per fund) |
| Blocker setup | Fund blocker setup for investing in passthrough investments |
Included
(Typically $6,000 per blocker) |
Additional Add-Ons
| Warehoused investments | Transferring of previously purchased assets into Fund | $2,000/ investment |