Vega

What Vega does

Vega is a London-based wealthtech company building AltOS, an AI-native operating system designed for alternative asset managers to run their end-to-end investor lifecycle. The platform serves general partners across private equity, hedge funds, and other alternative investment managers, addressing fragmented client operations, manual onboarding, and outdated service technology that have constrained the private markets industry despite trillions of dollars in assets. Vega's product is structured as three integrated modules: Vega Agents, a digital workforce executing client operations workflows; Vega Intelligence, a proprietary machine-readable ontology encoding institutional knowledge of private markets fund operations; and Vega Core, the backbone platform providing structured data models, deep integrations, and enterprise-grade security. The combined system covers fund management, marketing and diligence, co-invest and LP syndication, LP onboarding and subscriptions, operations workbench, client experience, and investor services queries from pre-trade through post-trade.

The business model is enterprise SaaS sold on a quote-based subscription, distributed via direct field sales to large alternative asset managers. Vega targets institutional, family office, and wealth distribution channels and pursues an API-driven 'Alternatives-as-a-Service' strategy enabling connectivity through clients' platforms of choice. Apollo is the flagship enterprise client and went live on AltOS in July 2025; Apollo also led the $20 million Series A in November 2024 alongside Motive Partners, with Citi Ventures, Picus Capital, and 60+ senior industry executives participating. Vega has raised approximately $28 million in total since its September 2023 launch, expanded from London into New York, and added strategic integrations including Steward for AI-driven AML/KYC compliance and the contributed Edna employee investment platform.

Vega is registered as Vega Investment Technologies Limited in England and Wales and operates with a team of 11–50 employees combining alternatives specialists from Elliott, KKR, Blackstone, and Goldman Sachs with engineering talent from Revolut and Trade Republic. The company reports 30,000+ platform users and $300 billion+ in assets on platform, and frames its market opportunity around the projected $30 trillion private markets AUM by 2030.

Name

Vega

Legal name

Vega Investment Technologies Limited

Website

https://vega-alts.com

Company type

Private

Founded year

2023

Operating status

Operating

Headcount range

101–250 employees

Short description

Vega is a London-based wealthtech company building AltOS, an AI-native operating system that helps alternative asset managers run their end-to-end investor lifecycle, from LP onboarding and subscriptions to operations and client services. It sells enterprise SaaS to private equity, hedge fund, and alternative investment managers.

Ownership category

akta.pro rank

Product category

Alternative Asset Management Software

NAICS

Software Publishers (513210), Computer Systems Design and Related Services (54151)

SIC

Services-Prepackaged Software (7372), Services-Computer Integrated Systems Design (7373)

akta.pro primary industry

Robo-Advice for Institutional/Treasury (OCIO-lite, Cash & Liquidity) (FSAGAEAJ)

Keywords

• Alternative asset management software
• Private markets platform
• Investor lifecycle management
• Wealthtech operating system
• AI-native fund operations

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. AltOS Platform Subscription: SaaS platform subscription model providing alternative asset managers access to the operating system for managing end-to-end investor lifecycle, including LP onboarding, fund management, and client services.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Vega offers AltOS, an AI-native operating system purpose-built for alternative asset managers to manage the end-to-end investor lifecycle. The platform combines Vega Agents (a digital workforce with deep domain expertise), Vega Intelligence (a proprietary ontology encoding private markets institutional knowledge), and Vega Core (structured data models, integrations, and enterprise-grade security) to automate LP onboarding, fund management, co-invest syndication, and client services across pre-trade, execution, and post-trade events.

Product overview

Vega is a wealthtech platform provider offering a unified AI-native operating system called AltOS for alternative asset managers. The platform consists of three integrated modules: Vega Agents (autonomous digital workforce for client operations), Vega Intelligence (proprietary knowledge ontology encoding private markets expertise), and Vega Core (foundational infrastructure with structured data models and integrations). Together, these components power the end-to-end investor lifecycle including fund management, LP onboarding and subscriptions, co-invest syndication, and client services across pre-trade, execution, and post-trade operations.

Differentiator

Problem solved

Functional benefit

Products and services

• AltOS AI-native operating system for alternative asset managers to scale end-to-end client experience and operations, covering fund management, marketing and diligence, co-invest and LP syndication, LP onboarding and subscriptions, operations workbench, client experience platform, and investor services queries across pre-trade, execution, and post-trade events. Targets enterprise alternative asset managers including private equity, hedge funds, and alternative investment firms.

Quantifiable outcome

• Reduced deployment tracking complexity for infrastructure teams
• +1 more outcomes

Named customers2 records

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability6 records

Feature3 records

Partnerships

Two partnerships are on record, tiered core.

• StewardcoreTechnology or Integration · 28 October 2025Strategic integration partnership bringing AI-driven AML systems together with Vega AltOS. Enables friction-free investor onboarding, automated due diligence, and transparent risk management within one connected ecosystem. Provides embedded KYC/KYB/KYI, AI-assisted document analysis, PEP/sanctions screening across 350 data registries.
• EdnacoreOthers · 17 July 2025Edna is one of the largest alternative employee investment platforms in the market, incubated at Apollo. Contributed by Apollo to accelerate Vega's AltOS vision for GPs, adding employee investment capabilities to Vega's GP solutions.

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Juniper Square: A leading operations and investor reporting platform for private market GPs and LPs. Directly comparable to Vega as both target GP client operations teams with software for fund management, LP onboarding, and reporting across alternatives.
• iCapital: End-to-end alternatives platform connecting GPs with wealth management channels for private market fund distribution and onboarding. Comparable to Vega in serving the GP-to-LP distribution and onboarding workflow at scale, though with more emphasis on wealth-channel distribution.
• Canoe Intelligence: AI-powered data management and document workflow automation platform specifically built for alternative investment managers. Closely comparable to Vega's AltOS positioning around operational workflows and AI agents for private markets.
• Carta: Cap table, fund administration, and investor management platform for private markets and venture. Overlaps with Vega on fund management, LP onboarding, and investor services for alternative asset managers, with broader scope across venture and private equity.
• CAIS: Alternative investment platform that connects independent advisors and wealth managers to private market funds, with a focus on operational infrastructure and due diligence. Comparable to Vega in enabling GP-LP connectivity and operations at scale.
• Passthrough: Investor onboarding, subscription document, and transfer agent infrastructure for private funds. Directly comparable to Vega's LP onboarding and subscription workflows within AltOS.
• Allvue Systems: Software platform for alternative investment managers covering fund accounting, investor servicing, and CRM. Comparable to Vega in targeting GP back-office and client-operations workflows across alternatives.

Broad incumbents

• Addepar: Wealth management technology platform serving large RIAs, family offices, and institutional investors with portfolio management and reporting. Broader incumbent that overlaps with Vega in serving sophisticated investors and asset managers, though more wealth-focused than alternatives-native.

Others

• Snowflake: Cloud data platform increasingly used by alternative asset managers for data warehousing and analytics workflows. Adjacent infrastructure provider to Vega's structured data models within Vega Core.

Emerging players

• Steward: AI-driven AML/KYC compliance platform that has formally integrated with Vega AltOS. Ecosystem partner that competes in adjacent compliance workflows and could expand into broader Vega territory over time.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/vega-alts

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds2 records

Investors5 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Vega