Passthrough offers a cloud‑based platform that digitizes fund subscription documents and embeds AML/KYC screening into a single, guided workflow, enabling private‑market fund managers to onboard investors faster and with less manual effort. The solution provides customizable conditional‑logic forms, real‑time status tracking, electronic signatures, and pre‑built integrations with leading fund‑tech systems, while expert‑managed compliance services handle ongoing monitoring and reporting.
Funding
$15M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Fund managers and investment advisers must collect and verify extensive subscription documents and AML/KYC information manually, which is time‑consuming, error‑prone, and requires specialized compliance staff. Delays in onboarding investors slow fundraising and increase regulatory risk.
Solution
Passthrough provides a cloud‑based platform that digitizes subscription documents and embeds AML/KYC screening into a single, guided workflow. Customizable, conditional‑logic forms replace static templates, allowing investors to complete only the sections relevant to them. Real‑time tracking shows fund managers the exact status of each investor, while electronic signatures and magic‑link authentication eliminate password friction. The platform integrates with leading CRMs, LP portals, and back‑office systems via pre‑built connectors or an open API, automatically syncing completed data and reducing duplicate entry. Expert‑managed compliance services handle ongoing monitoring, screening, and reporting, so firms can meet regulatory obligations without building an internal AML team.
Target Audience
Primary customers are private‑market fund managers (emerging and established), their fund administrators, and legal or compliance teams that need to onboard institutional and high‑net‑worth investors efficiently.
Features
- Custom subscription document workflows with conditional logic that filter irrelevant questions per investor
- Integrated KYC/AML screening, nightly monitoring, and expert‑managed investigations
- Magic‑link, password‑less sign‑in for investors and real‑time electronic signatures
- Full visibility dashboard showing investor progress, document status, and compliance alerts
- Pre‑built integrations with Allvue, Altvia, Salesforce, Dynamo, Ark, and other fund‑tech platforms; open API for custom connections
- Enterprise‑grade security: SOC 2 Type II, AES‑256 at rest, TLS 1.2+ in transit, passwordless authentication, and regular penetration testing
- Export of structured investor data in any format for tax, accounting, or reporting workflows