Introducing Raziel: every alternative asset in one place. Explore the platform

Raziel home
Get Started Free

Comparison

Raziel vs AngelList

AngelList runs fund administration for venture funds, SPVs and syndicates, and gives the accredited investors (LPs) in those vehicles a portfolio dashboard with valuations, returns and tax documents. Raziel is built for private markets: startups, SPVs, funds and entities, with founder tools under the same login.

Get started free See the comparison

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

Investors whose private portfolio spans more than one platform: direct SAFEs and priced rounds, SPVs and funds from any administrator, and the entities that hold them, all in one portfolio with returns from your own cash flows.

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

AngelListVenture investing platform and fund administrator

Choose AngelList if

Accredited investors who back syndicates, SPVs and funds run on AngelList and want those positions, K-1s and returns shown automatically, and fund managers who want AngelList to administer their vehicles.

Pricing: No separate fee listed for LPs. Fund admin from 0.1% of fund size plus $10,000/year.

Feature by feature

Raziel and AngelList, side by side

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

Feature comparison of Raziel and AngelList
Feature Raziel AngelList
Asset coverage
Startup equitySAFEs, convertible notes, priced rounds Yes SAFEs, priced rounds and secondaries, re-marked when a new round is recorded. Partly Startup positions held through AngelList vehicles. The help center does not describe adding investments made elsewhere.
SPVs and fund LP positionsCommitments, capital calls, distributions Yes Commitments, capital called, NAV and distributions beside direct holdings. Partly SPVs and funds administered on AngelList, with commitments and investment status.
Entities and vehiclesLLCs, trusts, family office structures Yes Holdings across LLCs, trusts and personal accounts. Not listed
Public equitiesBrokerage accounts and stocks Coming soon Brokerage connections are coming soon. Not listed
Real estateProperty values, income, gains Coming soon Property tracking is coming soon. Not listed
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 Multiple (TVPI) and IRR net of fees and carry; valuations included after a 90-day delay.
Automatic document importStatements, K-1s, SAFEs Yes Forward statements, capital call notices and SAFEs. AI is optional. Automatic for AngelList vehicles K-1s and signed documents appear for AngelList vehicles. Uploading outside documents is not described.
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. Not listed
Native mobile appsiOS and Android Yes Live on the App Store and Google Play. Not listed No current investor app is listed in AngelList’s help center.
Free planFree tier or free trial Founder free to 100 contacts Founder is free through 100 contacts. Investor has a 14-day free trial. No separate LP fee listed Investing requires accreditation; costs sit inside each vehicle.
SecurityMFA, encryption, audits Mandatory MFA Mandatory MFA, private networking. SOC 2 Type II and ISO 27001 in progress. SOC 2, 2FA logins Stated on AngelList’s Investor Portal page.
More differences
Invest in deals through the platformAccredited investors join syndicates and funds on AngelList. No Yes
Fund administration for GPsFormation, capital calls, distributions, fund taxes and K-1s. No Yes
Track investments from other platformsNot described in AngelList’s LP help center. Yes Not listed
  • Yes
  • Partly
  • Coming soon
  • No
  • Not listed

Key differences

What actually sets them apart

  1. One platform’s positions versus your whole private portfolio

    AngelList’s LP dashboard shows the investments you made through AngelList vehicles. Raziel is a tracker that sits above platforms, so SPVs from any administrator, direct SAFEs and priced rounds, and fund commitments live in one portfolio.

  2. Where the data comes from

    On AngelList, valuations, returns and K-1s are produced by the platform that runs the vehicle, so there is nothing to enter. In Raziel you add positions, import a spreadsheet or forward statements and SAFEs for AI import, and record new rounds yourself.

  3. Returns methodology

    AngelList reports multiple and IRR net of fees and carry, with valuations delayed 90 days. Raziel calculates MOIC, IRR, TVPI and DPI from the cash flows you record and re-marks positions when you record a new round.

  4. Investing versus tracking

    AngelList is where deals happen: accredited investors find and join syndicates and funds there. Raziel does not offer deals or administer vehicles. It tracks what you already own and adds founder tools for fundraising, investor updates and the cap table.

To be fair

Where AngelList is strong

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

  • Zero data entry for AngelList positions: valuations, IRR and K-1s appear automatically because AngelList administers the vehicle.
  • Returns shown net of fees and carry, calculated by the administrator from actual contributions and distributions.
  • You can find and invest in syndicates and venture funds on the same platform.
  • K-1s are prepared and delivered for platform investors at no extra cost to the LP.

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

AngelList

No separate fee listed for LPs. Fund admin from 0.1% of fund size plus $10,000/year.

  • LPs: K-1s come at no extra cost; AngelList says the cost is included in each fund’s use of the platform.
  • Venture fund admin, Institutional: 0.1% of fund size plus $10,000/year, plus a one-time implementation fee.
  • Venture fund admin, Full Service: 0.15% of fund size plus $20,000/year, including fund taxes and K-1 prep.
  • SPVs, rolling funds, scout funds and Investor Portal: pricing through sales.

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

Switching

Moving from AngelList 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. Keep investing on AngelList and start a 14-day Investor trial on Raziel.
  2. Add each AngelList position to Raziel, or import them from a spreadsheet, alongside your investments from other platforms.
  3. Forward K-1s, capital call notices and statements so Raziel’s AI can record the details.
  4. Group holdings by the LLC, trust or personal account that owns them, and invite your accountant as a viewer.

Raziel vs AngelList: questions

Which AngelList product does this page compare?

The LP portfolio dashboard that investors see after investing through AngelList syndicates, SPVs and funds. AngelList also sells fund administration to GPs and a branded Investor Portal to firms; those are different products.

Can I use Raziel and AngelList together?

Yes, and that is the common setup. AngelList shows the positions you hold through its vehicles. Raziel brings those together with investments from other platforms, direct deals and fund commitments so you see one portfolio.

Does Raziel connect to AngelList automatically?

No. Raziel does not list an AngelList integration. You can add positions in a few fields, import a spreadsheet, or forward K-1s and statements for AI document import.

Does AngelList charge LPs to use the dashboard?

AngelList does not list a separate fee for the LP dashboard, and its help center says K-1s come at no extra cost because the cost sits inside each fund’s use of the platform. Raziel’s Investor plan is $49/month through 30 companies after a 14-day free trial.

Does Raziel offer deals or fund administration?

No. Raziel is a portfolio and investor relations platform. It does not offer investments, form vehicles or prepare K-1s.

Sources

Where this information comes from

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

  1. AngelList help: Investors (LPs), Portfolio Management (help.angellist.com)
  2. AngelList help: How is IRR calculated? (help.angellist.com)
  3. AngelList help: Why is my dashboard empty? (help.angellist.com)
  4. AngelList help: Do I need to pay for K-1s? (help.angellist.com)
  5. AngelList help: Investor Application and accreditation (help.angellist.com)
  6. AngelList venture fund pricing (angellist.com)
  7. AngelList Investor Portal (security, tiers) (angellist.com)
  8. AngelList help: What is Meridian? (help.angellist.com)
  9. AngelList product overview (angellist.com)

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

More comparisons

Compare Raziel with other tools

All comparisons

Get started

Track every private position in one place

Start free on the Founder plan, or try the Investor plan free for 14 days.

Get started free Book a demo