Formidium
6.3#8 in fund administration softwareAndroidiOSWebAPI
VisitFormidium vs Hemrock
What both publish
| Fact | Formidium | Hemrock |
|---|---|---|
| Founded | 2016 | 2005 |
| Fund accounting | Seamless is a cloud-based platform for portfolio, fund and investor accounting across asset classes including hedge funds, private equity, digital assets and SPVs. | Its optional Fund Operations product provides a double-entry ledger for funds, SPVs, direct deals, or GP entities, with period closing and a compliance calendar. |
| Integrations | The platform describes its architecture as API-first and says it integrates with existing systems for LP reporting, capital calls, and waterfalls. | A prebuilt, one-way Affinity integration imports deal and relationship data into portfolio and diligence views; webhooks are listed as coming soon. |
Formidium plans
No prices published.
Hemrock plans
- Free pay-what-you-want toolsFree
- Self-hostedFree
- Fund Economics API/MCP compute$20 a year
- Cap Table & Exit Waterfall API/MCP compute$20 a year
- How to build fund infrastructure with AI workshop$75, paid once
- Standard Financial Model$149, paid once
Pick Formidium if…
Formidium is aimed at fund managers using traditional or digital strategies, including onshore and offshore structures. Its accounting, investor onboarding, and fund administration services may suit teams seeking several fund operations in one platform and service offering.
Pick Hemrock if…
Hemrock Portfolio is aimed at SPVs, solo GPs and emerging managers, angels and syndicates, and micro and seed funds. It may suit funds that want to operate the platform on their own infrastructure and use their own AI keys.