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Comparison

Raziel vs Addepar

Addepar is a wealth data and reporting platform used by RIAs, private banks and single and multi-family offices. Raziel is built for private markets: startups, SPVs, funds and entities, with founder tools under the same login.

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Last reviewed October 28, 2026

At a glance

Which one fits you

Start with the portfolio you hold. Here is who each tool is built for, and what it costs.

RazielPrivate markets platform

Choose Raziel if

Individual investors, angels, syndicate leads and smaller family offices who want a self-serve tool with published pricing for startups, SPVs, funds and entities, plus founder tools for the companies they run.

Pricing: Founder free to 100 contacts. Investor $49/month after a 14-day trial.

AddeparWealth management platform for advisors and family offices

Choose Addepar if

Wealth managers and family offices with staff who need custodian data aggregation across every asset class, custom client reporting, billing and compliance tools, and a branded portal and app for their clients.

Pricing: Not listed. Addepar’s site offers demos and consultations only.

Feature by feature

Raziel and Addepar, side by side

The same rows on every comparison, with notes where the answer needs context.

Feature comparison of Raziel and Addepar
Feature Raziel Addepar
Asset coverage
Startup equitySAFEs, convertible notes, priced rounds Yes SAFEs, priced rounds and secondaries, re-marked when a new round is recorded. Partly Private investments can be modeled in the total portfolio. Round-by-round startup tracking is not described.
SPVs and fund LP positionsCommitments, capital calls, distributions Yes Commitments, capital called, NAV and distributions beside direct holdings. Yes Extracts data from capital calls, statements and distribution notices.
Entities and vehiclesLLCs, trusts, family office structures Yes Holdings across LLCs, trusts and personal accounts. Yes Models real-world ownership hierarchies.
Public equitiesBrokerage accounts and stocks Coming soon Brokerage connections are coming soon. Yes Aggregates data from custodians and fund administrators.
Real estateProperty values, income, gains Coming soon Property tracking is coming soon. Yes Addepar says it models all asset types.
CryptoWallets and exchanges Coming soon Wallet connections are coming soon. Not listed
Investor tools
Returns from cash flowsMOIC, IRR, TVPI, DPI Yes MOIC, IRR, TVPI and DPI from the cash flows you record. Yes Performance reporting, private fund benchmarks and cash flow projections.
Automatic document importStatements, K-1s, SAFEs Yes Forward statements, capital call notices and SAFEs. AI is optional. Yes Alternatives data management combines AI with human review.
Portfolio company newsRounds and headlines on your holdings Yes Rounds and news on the companies you hold. Not listed
Founder tools
Fundraising CRMInvestor pipeline for founders Yes Kanban pipeline with target checks. Not listed
Investor updatesWrite, send and track updates Yes Open and click tracking. Not listed
Cap tableOwnership, options, dilution Yes Ownership, options and dilution for the company you run. Not listed
Platform
SharingAdvisors, family, partners Yes Owner, editor and viewer roles per workspace. Yes Client portal for sharing reports and files with asset owners.
Native mobile appsiOS and Android Yes Live on the App Store and Google Play. iPhone and iPad, for clients The App Store app is for clients of firms that use Addepar. An Android app was not verified.
Free planFree tier or free trial Founder free to 100 contacts Founder is free through 100 contacts. Investor has a 14-day free trial. Not listed Sold through sales; no public plans.
SecurityMFA, encryption, audits Mandatory MFA Mandatory MFA, private networking. SOC 2 Type II and ISO 27001 in progress. Independent SOC 3 report Covers Analytics, Reporting and Navigator, July 2024 to August 2025.
More differences
Custom client reporting and brandingDrag-and-drop report builder and multi-currency reporting. No Yes
Advisor billing and compliance reporting No Yes
Published self-serve pricingAddepar pricing requires a consultation. Yes No
  • Yes
  • Partly
  • Coming soon
  • No
  • Not listed

Key differences

What actually sets them apart

  1. Built for firms versus built for investors

    Addepar is enterprise software for advisors and family office teams who report to clients. Raziel is self-serve: an individual investor, angel or small family office signs up, starts a 14-day trial and tracks their own private portfolio.

  2. Asset coverage

    Addepar aggregates custodian and administrator data across asset types. Raziel covers startups, SPVs, funds and entities today; public equities, real estate and crypto are coming soon.

  3. Startup positions

    Raziel tracks SAFEs, notes and priced rounds at the company level and re-marks positions when you record a new round. Addepar’s alternatives tooling focuses on fund data from capital calls, statements and distribution notices.

  4. Pricing and setup

    Addepar does not publish pricing and includes a dedicated onboarding team. Raziel lists its prices: the Investor plan is $49/month through 30 companies after a 14-day trial, and the Founder plan is free through 100 contacts.

To be fair

Where Addepar is strong

No tool is right for everyone. These are the areas where Addepar does more than Raziel today.

  • Data aggregation from custodians, fund administrators and data warehouses across asset types, with a verification process.
  • Institutional reporting: a drag-and-drop report builder, multi-currency reporting, custom branding, billing and compliance tools.
  • A client portal and client app for firms that report to many families.
  • Dedicated onboarding, a client success manager and round-the-clock support.
  • A public SOC 3 report from an independent auditor covering its core platforms.

Pricing

What each costs

Raziel

Founder free to 100 contacts. Investor $49/month after a 14-day trial.

  • Founder: free through your first 100 contacts, then $29/month.
  • Investor: 14-day free trial, then $49/month through 30 companies.
  • Investor: $199/month for more than 30 companies.
  • Paid plans auto-renew until you cancel.

See full pricing

Addepar

Not listed. Addepar’s site offers demos and consultations only.

As listed on October 28, 2026. Check Addepar’s site for current prices.

Switching

Moving from Addepar to Raziel

Most of the setup is importing what you already have. The Investor plan starts with a 14-day free trial.

Start free trial Book a demo
  1. Start a 14-day Investor trial on Raziel.
  2. Export the private holdings you track today to a spreadsheet and import it into Raziel.
  3. Forward fund statements, capital call notices and SAFEs so Raziel’s AI can record the details.
  4. Set up entities for each LLC or trust and invite your advisor or accountant as a viewer.

Raziel vs Addepar: questions

Is Raziel an Addepar alternative?

For individual investors and smaller family offices focused on private markets, it can be. Addepar is built for advisory firms and larger family offices that need custodian aggregation and client reporting across every asset class. Raziel is self-serve and focused on startups, SPVs, funds and entities.

How much does Addepar cost compared with Raziel?

Addepar does not publish pricing; its site asks you to request a demo or consultation. Raziel’s Investor plan is $49/month through 30 companies after a 14-day free trial, and $199/month above 30 companies.

Does Raziel track public stocks and real estate like Addepar?

Not yet. Public equities, real estate and crypto are coming soon to Raziel. Today it covers startups, SPVs, funds and entities, and bank accounts can be connected.

Can a family office use both?

Yes. An office can keep an enterprise platform for consolidated reporting and use Raziel for the detail on direct startup and SPV positions, then carry totals into their main report.

How does security compare?

Raziel’s SOC 2 Type II and ISO 27001 work is in progress, with mandatory multi-factor authentication and continuous cloud monitoring through Drata. Addepar publishes a SOC 3 report from an independent auditor.

Sources

Where this information comes from

Product details change. Information about Addepar comes from public sources listed below, reviewed October 28, 2026. Spotted something out of date? Contact us.

  1. Addepar for family offices (addepar.com)
  2. Addepar for RIAs and wealth managers (addepar.com)
  3. Addepar alternatives management (addepar.com)
  4. Addepar on the App Store (apps.apple.com)
  5. Addepar SOC 3 report, 2024 to 2025 (addepar.com)

Last reviewed October 28, 2026. Raziel details come from our pricing and security pages.

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