6lock provides a closed‑loop, identity‑first platform that automates private equity capital calls and distributions, replacing manual verification with real‑time identity checks and verifiable transaction logs. By integrating invitation, verification, funding, and reconciliation steps, it eliminates phone calls, emails, and spreadsheet checks, ensuring secure, auditable wire transfers for limited partners. A case study shows 35 South Capital onboarding 80 % of its LPs instantly, improving speed and security of fund movements.
Funding
Funding not disclosed
Founders
Product
Problem
Private equity firms face high operational risk from wire fraud, identity spoofing, and exposure of sensitive banking information during capital calls and distributions. The traditional workflow relies on manual verification, phone calls, emails, and spreadsheets, creating delays, errors, and audit challenges.
Solution
6lock delivers an identity‑first, closed‑loop platform that automates the entire capital‑movement workflow in four steps: invite, verify, fund, and reconcile. Real‑time identity checks replace manual phone and email verification, ensuring that only authorized limited partners can receive or send funds. Each transaction is recorded with verifiable integrity, providing an immutable audit trail from invitation through settlement. The platform integrates with existing fund administration tools, allowing firms to execute capital calls and distributions securely and on schedule while reducing the risk of business‑email‑compromise attacks.
Target Audience
Primary customers are private equity general partners, fund administrators, and limited partners who need a secure, efficient method for executing capital calls and distributions.
Features
- Closed‑loop workflow that consolidates invitation, identity verification, funding, and reconciliation into a single digital process
- Real‑time, AI‑driven identity verification of limited partners to prevent spoofing and unauthorized wire transfers
- Verifiable transaction logs that create an immutable audit trail for compliance and audit purposes
- Seamless integration with fund administration systems, banking portals, and existing communication channels
- Automated reconciliation that matches incoming/outgoing funds to the original invitation, eliminating manual spreadsheet checks
- Dashboard for general partners and fund administrators to monitor fund flows, status, and fraud alerts in real time