SmartFunds
SmartFunds is a tokenization platform that forms SEC-compliant SPVs on the BASE blockchain and enables secondary trading of tokenized LP interests, serving institutional investors, family offices, founders, and issuers via an integrated compliance and transfer-agent stack.
- Company typePrivate
- Founded2020
- HeadquartersNew York, United States
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
What SmartFunds does
SmartFunds is a tokenization platform for private market Special Purpose Vehicles (SPVs), operating on the BASE blockchain and built around an SEC-registered Transfer Agent license. The company enables institutional investors, family offices, founders, issuers, and early and late-stage investors to form tokenized Delaware LLC SPVs under Reg D, manage cap tables, and trade LP interests on compliant on-chain secondary markets via broker-dealer and ATS partnerships. Core products include SmartSPVs (tokenized SPV formation), Private Secondaries (compliant secondary trading), an Investor Portal, a Tokenization Engine, and SEC-registered Transfer Agent services; add-on Risk Management analytics are also offered. The platform integrates Bridge (KYC), Persona (KYB), VerifyInvestor (accreditation), Circle (USDC payments), Magic (wallets), Texture Capital (ATS), and Transfer Agent Protocol into a unified compliance and distribution stack.
SmartFunds monetizes via a published fee schedule: a $3,000 flat SPV setup fee, a $2,000 regulatory (Blue Sky) filing fee, a $100 per-investor closing fee, and a 1% distribution fee on net capital distributions to investors. Distribution combines founder-led enterprise field sales with a self-serve platform and channel partnerships through broker-dealer and ATS partners. The company is headquartered in New York, has 1-10 employees, and is venture-backed by Consensys Mesh, Bufficorn Ventures, Tachyon, Gatecap Ventures, and Protocol VC, with a single disclosed funding round in early 2022. Founders JJ Joseph (CEO) and John Moffitt (CTO) lead the company.
SmartFunds firmographics
Firmographics- Name
- SmartFunds
- Legal name
- SmartFunds
- Website
- https://smartfunds.xyz
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- SmartFunds is a tokenization platform that forms SEC-compliant SPVs on the BASE blockchain and enables secondary trading of tokenized LP interests, serving institutional investors, family offices, founders, and issuers via an integrated compliance and transfer-agent stack.
- Ownership category
- akta.pro rank
SmartFunds industry classification
Industry- Product category
- Real World Asset Tokenization Platform
- NAICS
- Other Financial Vehicles (52599), Other Investment Pools and Funds (5259)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Security Brokers, Dealers & Flotation Companies (6211), Finance Services (6199)
- akta.pro primary industry
- Tokenized Securities & Capital Markets Infrastructure (equities, bonds, funds, ATS/MTF connectivity) (FSAPAIAD)
- akta.pro secondary industries
- Settlement, Clearing & Reconciliation for Tokenized Assets (DvP, PvP, netting, post-trade) (FSAPAIAI), Digital Asset Custody & Wallet Infrastructure for Institutions (MPC/HSM, key mgmt, policy controls) (FSAPAIAE), Compliance, Risk & RegTech for Tokenized Assets (KYC/AML, sanctions, travel rule, reporting) (FSAPAIAH)
Keywords
Where SmartFunds is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Markets served
SmartFunds business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- SPV Setup Fee: Flat fee charged for SPV setup and basic maintenance. Non-refundable fee deducted at time of investor contribution. If SPV fails to raise target capital, deal manager is responsible for the fee.
- Regulatory Filing Fee: Fixed fee covering state Blue Sky filings required for regulatory compliance. SmartFunds absorbs any variation in actual fees beyond the stated rate.
- Investor Closing Fees: Per-investor fee covering KYC and accreditation verification checks. Deducted at time of each transaction. Clients responsible for providing accurate information.
- Distribution Fee: 1% fee on net capital distributions to investors, deducted from distribution amount before payout. Recurring revenue stream tied to SPV distribution events.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Pay-as-you-go | SPV Setup: $3,000 flat fee |
| One time/ perpetual license | Pay-as-you-go | Regulatory Filing: $2,000 flat fee |
| Transaction based/ take rate | Pay-as-you-go | Investor Closing: $100 per investor |
| Transaction based/ take rate | Pay-as-you-go | Distribution Fee: 1% of net capital distributions |
Go-to-market motion3 records
Distribution channels3 records
Marketing channels6 records
SmartFunds product offering
Product offeringCore offering
SmartFunds provides tokenized Special Purpose Vehicles (SmartSPVs) and a private secondaries marketplace for institutional investors, family offices, and deal managers. The platform pairs a proprietary tokenization engine on the BASE blockchain with SEC-registered Transfer Agent capabilities, an integrated KYC/KYB/accreditation compliance stack, and broker-dealer/ATS integrations to enable rapid SPV formation, investor onboarding, and compliant on-chain secondary trading of LP interests. Minimum SPV size is $50,000, and SPVs are formed under Delaware LLC Reg D structure.
Product overview
SmartFunds is a unified platform combining tokenization technology with SEC-registered Transfer Agent capabilities to enable seamless issuance, management, and secondary trading of tokenized securities for private markets. The core offering consists of SmartSPVs (tokenized Special Purpose Vehicles) paired with private secondary market trading capabilities, all underpinned by SmartFunds' proprietary tokenization engine and integrated compliance stack. The platform provides an investor portal for deal creation, investor onboarding (with KYC via Bridge and Persona, accreditation via VerifyInvestor), SPV formation under Delaware LLC/Reg D, and on-chain secondary trading via broker-dealer and ATS partners. SmartSPVs operate on the BASE blockchain and support USDC and bank wire funding methods.
Differentiator
Problem solved
Functional benefit
Brands
- SmartSPVs: Custom Special Purpose Vehicles designed for specific investment needs. Streamlined structure, reduced complexity, and enhanced investor protection for institutional investors and family offices.
Products and services
- SmartSPVs Custom tokenized Special Purpose Vehicles designed for specific private market investment needs, with streamlined structure, reduced complexity, and SEC-compliant formation, legal filings, and regulatory oversight handled by SmartFunds.
- Private Secondaries Compliant on-chain secondary marketplace connecting buyers and sellers of LP interests in private market vehicles, with near-instant settlement and low fees enabled through broker-dealer and ATS partner integration.
- SEC-Registered Transfer Agent Services Ongoing Transfer Agent service maintaining accurate ownership records, processing transfers, overseeing SEC regulatory compliance, and handling corporate actions, dividends, and distributions for SPVs on the platform.
Quantifiable outcome
- Reduces transaction time by >10X compared to traditional methods
- +2 more outcomes
Companies that use SmartFunds
Customer profileSegments6 records
Ideal customer profiles3 records
SmartFunds technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
Feature4 records
SmartFunds partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core.
- BridgecoreBridge provides KYC verification services for investor onboarding on the SmartFunds platform. Investors complete identity verification via Bridge during the KYC process.
- PersonacorePersona provides KYB (Know Your Business) verification for deal managers during onboarding, handling business registration verification, beneficial owner identification, and entity credentials validation.
- VerifyInvestorcoreVerifyInvestor.com handles accreditation verification for investors participating in SmartSPV deals, ensuring compliance with investor accreditation requirements.
- Texture CapitalcoreTexture Capital provides ATS (Alternative Trading System) platform capabilities for compliant secondary trading of tokenized LP interests on SmartFunds.
Scale indicators3 records
Recent moves5 records
Expansion highlights5 records
SmartFunds competitors and assessment
Company assessmentRegional players
- InvestaX: InvestaX is a Singapore-based tokenization platform for private market securities, focused on Asia-Pacific institutional clients. It is comparable to SmartFunds in offering compliant SPV and security tokenization but serves a different primary geography.
Emerging players
- Ondo Finance: Ondo Finance provides tokenized exposure to US treasuries and other RWAs through institutional-grade funds and structured products. While its primary focus is fixed-income RWA rather than PE/VC LP interests, it competes in the broader regulated tokenized-securities landscape.
- Maple Finance: Maple Finance is a DeFi credit marketplace that brings on-chain lenders and institutional borrowers together via permissioned pools. It overlaps with SmartFunds in the institutional-grade, compliant RWA tokenization category, though its products focus on credit rather than PE/VC fund LP interests.
Direct peers
- Securitize: Securitize is the most established tokenized securities platform for private markets, offering end-to-end issuance, transfer agent, and secondary trading for funds, SPVs, and structured products. It is the closest direct competitor to SmartFunds and targets the same institutional and fund-manager segments.
- Polymath: Polymath is a security token issuance platform with native compliance features for Reg D/S offerings, KYC, and transfer agent integrations. It targets issuers seeking compliant tokenization of private securities, directly overlapping with SmartFunds' SPV offering.
- Centrifuge: Centrifuge is a decentralized RWA protocol that tokenizes real-world assets including private credit and receivables, with on-chain Tinlake pool infrastructure. It competes with SmartFunds in the broader RWA tokenization space, though its primary focus has been credit rather than PE/VC LP interests.
- Tokensoft: Tokensoft provides tokenization infrastructure for private securities, including Reg D/S offerings, transfer agent services, and secondary trading. Like SmartFunds, it focuses on enabling issuers and fund managers to bring private market securities on-chain with compliant workflows.
- Texture Capital: Texture Capital is an ATS and broker-dealer providing compliant secondary trading for digital and tokenized securities. It is both a SmartFunds partner and a competing venue for tokenized private securities, making it a peer in the regulated on-chain LP trading layer.
- tZERO: tZERO operates an SEC-regulated ATS for trading tokenized securities and provides issuance and custody infrastructure for private market digital assets. It competes with SmartFunds' broker-dealer/ATS-integrated model for secondary trading of LP interests.
Broad incumbents
- Harbor (BitGo): Harbor pioneered tokenized private securities for Reg D offerings and was acquired by BitGo, which now offers tokenization alongside its broader institutional custody and trading business. It represents a broader incumbent with overlapping RWA tokenization capabilities.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights6 records
Customer concentration
SmartFunds social profiles
Digital presenceSmartFunds compliance and trust
Trust signalCompliance2 records
SmartFunds financial estimates
Financial estimateRevenue estimate
Valuation estimate
SmartFunds leadership team
Management profileNumber of profiles
Profiles2 records
SmartFunds funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
SmartFunds 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 SmartFunds
What does SmartFunds do?
SmartFunds provides tokenized Special Purpose Vehicles (SmartSPVs) and a private secondaries marketplace for institutional investors, family offices, and deal managers. The platform pairs a proprietary tokenization engine on the BASE blockchain with SEC-registered Transfer Agent capabilities, an integrated KYC/KYB/accreditation compliance stack, and broker-dealer/ATS integrations to enable rapid SPV formation, investor onboarding, and compliant on-chain secondary trading of LP interests. Minimum SPV size is $50,000, and SPVs are formed under Delaware LLC Reg D structure.
Is SmartFunds a public or private company?
SmartFunds is a private company. It is classified as venture growth investor backed and is currently operating.
When was SmartFunds founded?
SmartFunds was founded in 2020. It employs 1 to 10 people.
Where is SmartFunds based?
SmartFunds is headquartered in New York, United States, in the North America region.
How does SmartFunds make money?
Four revenue lines are on record. SPV Setup Fee is the primary driver. The others are regulatory Filing Fee, investor Closing Fees and distribution Fee.
Who are SmartFunds's main competitors?
InvestaX is listed as a regional player. Emerging players are Ondo Finance and Maple Finance. Direct peers are Securitize, Polymath, Centrifuge, Tokensoft, Texture Capital and tZERO. Harbor (BitGo) is listed as a broad incumbent.
Does SmartFunds have an API?
No public API is recorded for SmartFunds.
What industry is SmartFunds in?
SmartFunds's product category is Real World Asset Tokenization Platform. Its primary akta.pro industry code is FSAPAIAD, Tokenized Securities & Capital Markets Infrastructure (equities, bonds, funds, ATS/MTF connectivity), with a secondary code of FSAPAIAI, Settlement, Clearing & Reconciliation for Tokenized Assets (DvP, PvP, netting, post-trade). Its NAICS code is 52599 and its SIC code is 6200.