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.
Performance-first
Elara is built around the investment numbers — ILPA-aligned IRR/TVPI/DPI/RVPI, realized vs. unrealized value, and capital-lifecycle tracking.
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.
Cross-entity ownership
Model Trust → LLC → Fund chains and see both full-investment and attributable, ownership-scaled economics.
Modern, traceable reporting
Board-ready PDF reports that trace back to the source notice, 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
How is Elara different from FundCount?+
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.
Does Elara do partnership accounting?+
Elara supports journal entries, custom fee schedules, and capital accounts, 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.
What does Elara cost?+
Plans start at $12,000/yr (Essential), $18,000/yr (Professional), and custom Enterprise pricing for multi-family offices, RIAs, and institutional investors.