Best Keel Alternatives in 2026
Updated
20 apps from fund administration software ranked against Keel on the same published basis.
- 2Keel vs Formidium
- 3Keel vs Hemrock
- 4Keel vs Juniper Square
- 5Keel vs Allvue Investment Management
- 6Keel vs Dynamo CRM & Deal Management
- 7Keel vs Fundwave
- 8Keel vs aama.io
- 9Keel vs AdminSphere
- 10Keel vs ModelTree
- 11Keel vs Infra One
- 12Keel vs Ashta.ai
- 13Keel vs Caproom
- 14Keel vs Perfona
- 15Keel vs PoliBit
- 16Keel vs Relevant EquityWorks
- 17Keel vs VCF.co
- 18Keel vs Ark
- 19Keel vs Valence
- 20Keel vs Allocate
- 21Keel vs Basis
Keel alternatives compared
| # | App | Score | Free plan | From | Runs on |
|---|---|---|---|---|---|
| 2 | Formidium | 6.8 | No | — | Android, API, iOS, Mac, Web, Windows |
| 3 | Hemrock | 6.7 | Free plan | $250/mo | API, self-hosted, Web |
| 4 | Juniper Square | 6.5 | No | — | Android, API, iOS, Web |
| 5 | Allvue Investment Management | 6.4 | No | — | Browser, Web |
| 6 | Dynamo CRM & Deal Management | 6.4 | No | — | Android, API, iOS, Web |
| 7 | Fundwave | 6.4 | No | $800/mo | Android, API, iOS, Web |
| 8 | aama.io | 6.3 | No | $1,500/mo | Android, API, iOS, Web |
| 9 | AdminSphere | 6.3 | No | — | Android, API, iOS, Web |
| 10 | ModelTree | 6.3 | No | — | Web, Windows |
| 11 | Infra One | 6.2 | No | $0.83/mo | Web |
| 12 | Ashta.ai | 6.0 | No | — | Web |
| 13 | Caproom | 6.0 | No | — | Web |
| 14 | Perfona | 6.0 | No | $1,000,500/mo | API, Web |
| 15 | PoliBit | 6.0 | No | — | Web |
| 16 | Relevant EquityWorks | 6.0 | No | — | Web |
| 17 | VCF.co | 6.0 | No | — | API, Web |
| 18 | Ark | 5.7 | No | — | Web |
| 19 | Valence | 5.7 | No | — | Web |
| 20 | Allocate | 5.6 | No | — | Web |
| 21 | Basis | 5.6 | No | — | Web |
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Questions about Keel alternatives
What is the best alternative to Keel?
Formidium, number 2 in fund administration software with a score of 6.8 out of 10. The others here: Hemrock, Juniper Square, Allvue Investment Management and 16 more.
What is the best free alternative to Keel?
Hemrock is the best-ranked alternative with a free plan. 1 of the 20 alternatives here publish a free plan on their own pricing pages.
How are these alternatives ranked?
Ranked on what each maker publishes: documentation depth, a free tier and the platforms it runs on.






























