AltExchange
AltExchange is an AI-driven alternative-investment reporting platform serving RIAs, asset managers, and high-net-worth investors. It aggregates data from 65+ alt platforms, automates tax-document collection and capital-call workflows, and integrates with major portfolio-management systems.
- Company typePrivate
- Founded2013
- HeadquartersNew City, United States
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
What AltExchange does
AltExchange is a New York-based fintech that operates an AI-driven alternative-investment reporting and management platform serving three customer sides: registered investment advisors (RIAs) via its AdvisorVue product, asset managers via its Digital Custodian Platform (DCP), and high-net-worth investors via the free InvestorVue client portal. The platform aggregates data from more than 65 alternative-investment platforms and uses proprietary machine-learning technology to convert unstructured documents — K-1s, 1099s, capital-call notices, fund statements, real-estate and startup investment records — into structured portfolio data with claimed 95% accuracy and approximately five-minute update latency. It automates tax-document collection, capital-call and distribution notifications, performance calculations, and onboarding workflows, with bidirectional integrations into major portfolio-management systems (Black Diamond/SS&C, Addepar, Orion, Tamarac) and fund administrators (Juniper Square).
The company monetizes through tiered SaaS subscriptions: a Free Plan (manual tracking, up to 10,000 pages), Starter at $375/month for 30 private investments ($13.50/month per additional), Emerging at $1,000/month for 100 investments ($12.50/month per additional), and Enterprise at custom pricing for 200+ investments with fully-managed service. A second revenue stream comes from asset managers paying for the Digital Custodian Platform. Go-to-market is hybrid: product-led growth via the freemium tier, sales-led motion for mid-market and enterprise RIAs, and direct enterprise field sales for the largest firms. AltExchange raised a $3M seed round in June 2024 from Motley Fool Ventures, Broadhaven Ventures, and Ritholtz Wealth Management, achieved SOC 2 Type II compliance in June 2023, and was acquired by iCapital in 2025 as part of the latter's expansion of its private-markets platform.
AltExchange firmographics
Firmographics- Name
- AltExchange
- Legal name
- AltExchange LLC
- Website
- https://altexchange.com
- Company type
- Private
- Founded year
- 2013
- Operating status
- Acquired
- Headcount range
- 1–10 employees
- Short description
- AltExchange is an AI-driven alternative-investment reporting platform serving RIAs, asset managers, and high-net-worth investors. It aggregates data from 65+ alt platforms, automates tax-document collection and capital-call workflows, and integrates with major portfolio-management systems.
- Ownership category
- akta.pro rank
AltExchange industry classification
Industry- Product category
- Alternative Investment Management Software
- NAICS
- Portfolio Management and Investment Advice (523940), Portfolio Management and Investment Advice (52394)
- SIC
- Investment Advice (6282), Services-Prepackaged Software (7372)
- akta.pro primary industry
- Digital Wealth Platforms for Advisors (TAMP/Advisor Tech) (FSAGAEAH)
- akta.pro secondary industry
- Sub-Accounting & Platform Servicing (Omnibus, Intermediary/NSCC, Retirement Platforms) (FSAAAMAI)
Keywords
Where AltExchange is headquartered
LocationHeadquarters
- HQ city
- New City
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
AltExchange business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- Subscription SaaS (AdvisorVue): AltExchange generates revenue primarily through tiered subscription pricing for its AdvisorVue platform. Plans include Free (manual tracking), Starter ($375/month for 30 investments), Emerging ($1,000/month for 100 investments), and Enterprise (200+ investments with custom pricing). Additional investments are charged per-unit at $13.50/month (Starter) or $12.50/month (Emerging).
- Enterprise Custom Pricing: Enterprise tier offers fully-managed service and support with pricing customized to the firm's specific needs. Revenue is generated through negotiated annual or multi-year contracts with larger RIAs and asset managers.
- Digital Custodian Platform (Asset Managers): Revenue from asset managers using the Digital Custodian Platform for alternative investment reporting, aggregation, and distribution services. Provides one portal for all client alternative investments.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Free | Free Plan - Manual tracking for getting started |
| Subscription | Monthly | Starter - $375/month for 30 private investments |
| Subscription | Monthly | Emerging - $1,000/month for 100 private investments |
| Subscription | Annual | Enterprise - Custom pricing for 200+ investments |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels7 records
AltExchange product offering
Product offeringCore offering
AltExchange provides an AI-driven alternative investment management and reporting platform — anchored by AdvisorVue for advisors and the Digital Custodian Platform (DCP) for asset managers — that aggregates data from 65+ alternative investment platforms, automates document and tax collection, and integrates with leading portfolio management systems. Its free InvestorVue client portal delivers portfolio analytics to HNW alt investors served by participating advisors.
Product overview
AltExchange offers an integrated suite of alternative investment management platforms consisting of three primary products: AdvisorVue (for financial advisors to manage client alternative investment portfolios), InvestorVue (companion client portal providing free portfolio analytics), and the Digital Custodian Platform (DCP for asset managers to serve RIAs and LPs). The ecosystem is unified by a Tax Center add-on that automates collection and distribution of tax documents across all investments. The platform leverages AI-driven automation to aggregate data from 65+ alternative investment platforms, convert unstructured documents into structured insights with 95% accuracy, and sync directly with existing portfolio management systems including Black Diamond, Addepar, Tamarac, and Juniper Square.
Differentiator
Problem solved
Functional benefit
Brands
- AdvisorVue: Alternative investment management platform for financial advisors featuring automated reporting, tax document collection, capital call notices, and integration with portfolio management systems
- InvestorVue
- Digital Custodian Platform (DCP)
Products and services
- AdvisorVue AdvisorVue is a SaaS platform that enables RIAs and wealth managers to aggregate, normalize, and report on alternative investment data from 65+ platforms, automate tax document workflows, and sync alts data into leading portfolio management systems.
- InvestorVue InvestorVue is a free client-facing portal that delivers portfolio analytics and a family office-like experience to HNW investors holding alternative investments served by participating advisors.
- Digital Custodian Platform (DCP) Digital Custodian Platform (DCP) is a B2B platform for alternative asset managers and private fund sponsors that enables automated data delivery, investor onboarding, and integrated reporting into advisors' PMS workflows.
Quantifiable outcome
- Reduces time collecting tax documents by 70%
- +4 more outcomes
Companies that use AltExchange
Customer profileNamed customers1 record
Segments3 records
Ideal customer profiles2 records
AltExchange technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration7 records
AI capability4 records
Feature6 records
AltExchange partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered product partnership and core integration partner.
- Spirits Capital Corporationproduct partnershipPartnership to provide RIAs access and automated reporting for Spirits Capital's Cask Investment Deeds (whiskey-backed private credit product). AltExchange provides real-time reporting, consolidation, automatic K1/1099 collection, and wealth management system integrations.
- Overlay Capital Partnersproduct partnershipPartnership provides RIAs access to Overlay Capital's private investment opportunities (sustainable innovation, supply chain resilience, energy independence themes) with AltExchange's automated reporting including real-time consolidation, K1/1099 collection, and wealth management integrations.
- Secured Investment Corpproduct partnershipPartnership enables RIAs to access Secured Investment Corp real estate fund investments with automated reporting. Includes real-time reporting, consolidation, and wealth management system integrations.
- Juniper Squarecore integration partnerIntegration enables asset managers using Juniper Square to automate data transfer to financial advisors through AltExchange, streamlining the flow of private investment fund data directly into advisors' wealth management systems.
- Red Tower Capitalproduct partnershipPartnership provides RIAs access to Red Tower Capital's mortgage funds (RTC VI) with free digital reporting through AltExchange. Red Tower Capital has 12+ years delivering returns with 8 years of consecutive third-party audits.
- Clear Sky Advisersproduct partnershipPartnership to modernize sustainable private investment reporting for family offices and RIAs. Clear Sky manages sustainable investment strategies (e.g. California Carbon Allowances) for institutional investors. AltExchange provides real-time reporting and automated capital call management.
- Black Diamond (SS&C)core integration partnerIntegration partnership enabling AltExchange to connect with Black Diamond's RIA client base. Allows RIAs using Black Diamond to access AltExchange's alternative investment data aggregation and reporting.
- Roers Companiesproduct partnershipPartnership to digitize and modernize real estate investment reporting for Roers Companies' RIA partners. Provides real-time reporting, historical reporting, and integrations with existing wealth management systems.
- Addeparcore integration partnerIntegration partnership with Addepar's wealth management platform, enabling AltExchange to provide alternative investment data aggregation and reporting to Addepar's RIA users.
Scale indicators6 records
Recent moves6 records
Expansion highlights6 records
AltExchange competitors and assessment
Company assessmentDirect peers
- CAIS: CAIS is a leading alts marketplace and reporting platform for RIAs, providing product access, due diligence, and technology infrastructure for alternative investments. Directly comparable to AltExchange in serving advisor workflows for alts allocation and operations.
- Juniper Square: Investment management software for private equity, venture, and real estate fund managers. Juniper Square is an integration partner of AltExchange and a peer in the alts data infrastructure stack, particularly on the asset-manager-to-advisor data handoff.
- CAZ Investments: CAZ provides alts access and operational support to RIAs, including a tech platform for sourcing, tracking, and reporting on private investments. Comparable to AltExchange in serving advisor workflows for alts due diligence and reporting.
Broad incumbents
- SS&C Black Diamond: Black Diamond (SS&C) is a portfolio management and reporting platform for RIAs. It is a core integration partner for AltExchange and a broad incumbent providing adjacent wealth tech, including growing alts capabilities.
- Tamarac (Envestnet): Tamarac provides portfolio management, reporting, and rebalancing tools to RIAs and is an integration partner of AltExchange. As part of Envestnet, it is a broad incumbent with adjacent alts reporting capabilities for the same advisor buyer.
- Envestnet: Envestnet is a large wealth management platform offering portfolio analytics, reporting, and data aggregation to advisors. As a broad incumbent with alts and integrations, it serves overlapping advisor segments and represents competitive context.
- Addepar: Wealth management technology platform serving large RIAs and family offices with portfolio analytics, reporting, and data aggregation. Addepar is both an integration partner of AltExchange and a potential competitor as it expands alts coverage.
- Orion: Orion Advisor Technology provides portfolio accounting, performance reporting, and CRM solutions to RIAs. As an AltExchange integration partner and a broad incumbent expanding alts functionality, Orion is a relevant competitive and channel reference.
- iCapital: The largest platform connecting advisors and their clients to alternative investments. Now the parent company of AltExchange, iCapital offers a competing/end-to-end alts infrastructure spanning fund origination, subscription, reporting, and analytics for RIAs and asset managers.
Emerging players
- Yieldstreet: Yieldstreet provides individual and advisor access to alternative investments (real estate, marine, legal, art). Comparable to AltExchange in the alts access and reporting layer, though focused more on origination and less on back-office advisor workflows.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
AltExchange social profiles
Digital presenceAltExchange compliance and trust
Trust signalCompliance1 record
AltExchange financial estimates
Financial estimateRevenue estimate
Valuation estimate
AltExchange leadership team
Management profileNumber of profiles
Profiles5 records
AltExchange funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
AltExchange M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about AltExchange
What does AltExchange do?
AltExchange provides an AI-driven alternative investment management and reporting platform — anchored by AdvisorVue for advisors and the Digital Custodian Platform (DCP) for asset managers — that aggregates data from 65+ alternative investment platforms, automates document and tax collection, and integrates with leading portfolio management systems. Its free InvestorVue client portal delivers portfolio analytics to HNW alt investors served by participating advisors.
Is AltExchange a public or private company?
AltExchange is a private company. It is classified as corporate owned and is currently acquired.
When was AltExchange founded?
AltExchange was founded in 2013. It employs 1 to 10 people.
Where is AltExchange based?
AltExchange is headquartered in New City, United States, in the North America region.
How does AltExchange make money?
Three revenue lines are on record. Subscription SaaS (AdvisorVue) is the primary driver. The others are enterprise Custom Pricing and digital Custodian Platform (Asset Managers).
Who are AltExchange's main competitors?
Direct peers on record are CAIS, Juniper Square and CAZ Investments. Broad incumbents are SS&C Black Diamond, Tamarac (Envestnet), Envestnet, Addepar, Orion and iCapital. Yieldstreet is listed as an emerging player.
Does AltExchange have an API?
Yes. AltExchange operates internal APIs that enable data aggregation, portfolio management, and integration with third-party platforms. The Terms of Service reference 'application program interfaces ("APIs"), storage, email, professional services, and collaboration services' as part of the AltExchange Platform offering. However, no public or partner-facing API documentation URL, developer portal, or SDK is explicitly disclosed in the available source material.
What industry is AltExchange in?
AltExchange's product category is Alternative Investment Management Software. Its primary akta.pro industry code is FSAGAEAH, Digital Wealth Platforms for Advisors (TAMP/Advisor Tech), with a secondary code of FSAAAMAI, Sub-Accounting & Platform Servicing (Omnibus, Intermediary/NSCC, Retirement Platforms). Its NAICS code is 523940 and its SIC code is 6282.