Elara

Comparison

A FundCount Alternative, Performance-First

FundCount leads with accounting-grade general ledger and investor portals. Elara leads with private-markets performance and monitoring — ILPA-aligned IRR, TVPI, and DPI, AI extraction, and a modern operating view.

  1. 01

    Performance-first

    Elara is built around the investment numbers — ILPA-aligned IRR/TVPI/DPI/RVPI, realized vs. unrealized value, and capital-lifecycle tracking.

  2. 02

    AI document extraction

    Upload capital-call notices and statements; AI fills in the data for your review — less manual keying than a ledger-first workflow.

  3. 03

    Cross-entity ownership

    Model Trust → LLC → Fund chains and see both full-investment and attributable, ownership-scaled economics.

  4. 04

    Modern, traceable reporting

    Board-ready PDF reports built on figures you can trace to their source notices in Elara, with multi-currency XIRR computed from contemporaneous FX.

Accounting-grade ledger vs. investment-performance monitoring

FundCount's strength is accounting-grade general ledger and investor-portal delivery from one system of record. If partnership accounting is your primary requirement, that's its sweet spot. If your priority is monitoring private-markets performance and capital activity with less manual work — and a modern, ILPA-aligned operating view — Elara is the better fit.

Frequently asked questions

FundCount is accounting-centric (general ledger, investor portal, system of record). Elara is investment-performance-centric — ILPA-aligned IRR/TVPI/DPI, capital-lifecycle monitoring, AI document extraction, and a modern operating view.

Elara supports custom fee schedules and reads GP capital-account statements, and is performance- and monitoring-led. If full accounting-grade general ledger is your single most important requirement, weigh that against Elara's strengths in performance and automation.

Pricing is scoped to your office: one subscription based on the entities, investments and people you track, never a percentage of your assets. Request a demo and we'll put together a quote with you.