Why Compare Alternative Investment Trackers?
If you hold a mix of startups, real estate, crypto, and traditional stocks, you already know the pain of juggling spreadsheets, brokerage apps, and PDF statements. A dedicated alternative investment tracker consolidates everything into one view, but not all platforms are created equal.
In this comparison, we evaluate three popular options: Raziel, Kubera, and Sharesight. Each takes a different approach to portfolio tracking, and the right choice depends on your asset mix, budget, and what you need from your dashboard.
Quick Overview
Raziel
Raziel is purpose-built for alternative asset management. It supports startups, private equity, real estate, crypto, collectibles, artwork, and traditional investments in a single platform. Beyond tracking, Raziel includes tools for founders to manage investor relationships, write investor updates, manage contacts, find new investors, and track pipeline metrics. Pricing starts with a free tier for basic tracking.
Kubera
Kubera positions itself as a modern balance sheet for high-net-worth individuals. It connects to banks, brokerages, and crypto exchanges, and allows manual entry for illiquid assets like real estate and private investments. Kubera focuses on net worth tracking with a clean, minimal interface. Pricing ranges from $150 to $2,499 per year depending on the plan.
Sharesight
Sharesight specializes in stock portfolio tracking with a strong emphasis on tax reporting and dividend tracking. It integrates with over 200 brokerages worldwide and excels at automated CGT calculations. However, its support for alternative assets like startups, private equity, and real estate is limited. Plans range from free to approximately $23/month.
Feature Comparison
Asset Class Support
Raziel leads in asset class breadth, natively supporting startups, private companies, venture capital, private equity, real estate, crypto, collectibles, artwork, and traditional stocks and bonds. Kubera handles most asset types through manual entry but lacks purpose-built workflows for startup equity or investor relations. Sharesight focuses primarily on publicly traded stocks, ETFs, and funds, with limited manual entry for alternative assets.
Portfolio Analytics
All three platforms provide portfolio-level analytics, but the depth varies. Raziel calculates IRR and MOIC for private investments, critical metrics for venture capital and real estate. Kubera shows net worth trends and asset allocation breakdowns. Sharesight offers detailed return calculations, dividend tracking, and tax-lot analysis optimized for public market holdings.
Investor Relations Tools
This is where Raziel stands apart. In addition to tracking investments, Raziel includes a full suite for founders: investor update templates, contact management, investor discovery, pipeline tracking, and metrics dashboards. Neither Kubera nor Sharesight offers investor relations features, making Raziel the only platform that serves both sides of the alternative investment ecosystem.Pricing Comparison
Raziel Pricing
Raziel offers a free tier for basic portfolio tracking. Premium plans provide advanced analytics, unlimited assets, investor relations tools, and priority support. The platform is designed to scale from individual investors to family offices managing complex multi-asset portfolios.
Kubera Pricing
Kubera starts at $150/year for individual users and scales up to $2,499/year for family and advisor plans. There is no free tier, though a 14-day trial is available. The higher-tier plans include features like multi-currency support, beneficiary access, and document storage.
Sharesight Pricing
Sharesight offers a free plan for up to 10 holdings. Paid plans range from approximately $12 to $23 per month, adding features like unlimited holdings, advanced tax reports, and multi-portfolio support. Pricing is competitive for stock-focused investors but does not include alternative asset features.
Best For: Who Should Use Each Platform?
Choose Raziel If:
You invest in a diverse mix of alternatives: startups, real estate, crypto, private equity, and collectibles. You want one dashboard for everything. You are a founder who needs investor relations tools. You need IRR and MOIC calculations for private holdings. You want a platform that grows from individual tracking to institutional-grade management.
Choose Kubera If:
You are a high-net-worth individual focused primarily on net worth tracking across bank accounts, brokerages, crypto, and some real estate. You prefer a clean, minimal interface and are willing to manually enter illiquid assets. You do not need investor relations or startup-specific tools.
Choose Sharesight If:
Your portfolio is primarily publicly traded stocks, ETFs, and mutual funds. You need detailed tax reporting with automated CGT calculations. You invest across international markets and need multi-currency stock tracking. You do not hold significant alternative investments.
The Verdict
For investors with significant alternative asset exposure, Raziel is the clear winner. It is the only platform purpose-built for the full spectrum of alternative investments while also serving founders with investor relations tools. Kubera is a solid choice for HNW individuals who want simple net worth tracking, and Sharesight excels for stock-focused portfolios with complex tax needs.
The best choice depends on your portfolio composition. If alternatives make up a meaningful portion of your investments, you need a platform designed for them, not one that treats them as an afterthought.
Frequently Asked Questions
Can I track startups and venture capital investments in Kubera?
Kubera allows manual entry of private investments, but it lacks purpose-built features for startup tracking like cap table integration, round tracking, or IRR calculations. Raziel is specifically designed for these use cases.
Does Sharesight support cryptocurrency tracking?
Sharesight has limited crypto support through manual entry. It does not connect to crypto exchanges directly. Both Raziel and Kubera offer better crypto integration.
Which platform is best for family offices?
Raziel is best suited for family offices due to its multi-asset class support, IRR and MOIC analytics, and investor relations tools. Kubera offers family plans with beneficiary access but lacks the depth of alternative asset features.
Can I switch from Kubera or Sharesight to Raziel?
Yes. Raziel supports data import and can accommodate portfolios of any complexity. You can start tracking your alternative investments in Raziel alongside your existing platform and migrate fully when ready.
Article by
Jordan Rothstein
CEO
Published on
