Elm FAS is the full-stack fund administration platform for private funds — investor portal, fund accounting, and AI automation in one place.
No spam. No commitment. First access when we launch.
Small-to-mid-size funds are stuck paying for tools and humans that can't talk to each other.
Traditional investor portals charge $2,000/month with no accounting built in. You still need a fund admin on top of that.
Distribution calculations, capital account statements, LP notices — all done by hand, every quarter, for months.
Every "what's my balance?" email goes to you directly. There's no system to handle routine investor questions automatically.
Elm FAS is built in three phases — each delivering standalone value, all working toward the same goal: software that runs your fund admin so you don't have to.
Existing platforms are great — for funds over $100M. Everyone else is stuck patching together spreadsheets, a fund admin, and an overpriced portal.
Portal, accounting, and AI in one platform. Starting at $850/month — not $2,000+.
Not bolted on. The AI layer is built into the data model — every feature feeds it.
Designed by someone who has run every part of this stack firsthand. No feature requests from hypothetical users.
BD countersigner slots, accreditation verification, general solicitation compliance — built in, not bolted on.
One flat monthly fee per fund. No per-LP charges, no AUM-based pricing, no surprises. Annual plans available at a discount.
All plans include a one-time $3,500 onboarding fee covering setup, document templates, and data migration. Annual billing available at a discount.
We're building Elm FAS for fund managers who know exactly what they need. Join the waitlist and get early access when we launch.
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