Comparison
AngelList runs the money — SPVs, funds and closings. Bright Capital America runs the workflow around it, and does not touch capital.
Everything stated about AngelList here comes from its own public pages. If something is out of date, tell us at support@brightcapital.fund and we will correct it.
Founders raising, syndicate and group leads organising a round, and fund managers who want administration workflow, an investor register and LP reporting as software.
Leads who want a legal vehicle formed and capital actually collected and deployed through a regulated stack.
Bright Capital America does not form SPVs, hold escrow, accept commitments or move money. Everything on the platform is workflow, records and reporting. If you need the vehicle and the banking rails, AngelList is the right place for that part.
Investor directory, raise pipeline, data room and cap table are built for the company raising, not only for the investors allocating.
Fund admin and group plans are listed with prices in USD and CAD, and are billed as a subscription rather than as a percentage of assets or a per-vehicle setup fee.
| What you are trying to do | Bright Capital America | AngelList |
|---|---|---|
| Form an SPV or fund vehicle | Not offered — records and reporting only | Core offering |
| Collect and move capital | Not offered | Core offering |
| Investor register, capital calls, distributions (as records) | Included in the fund admin tier | Included with the vehicle |
| LP reporting | Included | Included |
| Investor discovery / directory | Included | Not a filterable investor directory for founders |
| Founder cap table | Included | Available for companies on the platform |
| Charitable and philanthropic funds | Supported as a workspace type | Not offered |
| Pricing model | Flat monthly subscription, published in USD and CAD | Per-vehicle and asset-based fees |
Before you switch
Read exactly what we store and how access is controlled on our security page, then start on a free account — no card until you pick a paid plan.
