Private Equity Apps: Top Firms in 2026

Key Facts About Private Equity Investment Platforms

• Global private equity industry assets under management (AUM) stand at $8.2 trillion, with digital investment platforms now serving as the primary gateway for both retail and institutional access to these markets.
• Allvue Systems alone tracks $8.5 trillion in alternative assets across 21,000-plus funds on its platform, illustrating the scale of PE operational software.
• Carta administers $182 billion in private capital across 8,500-plus funds and special purpose vehicles (SPVs), serving startups, venture capital firms, and PE fund managers on one unified platform.
• OurCrowd has committed $2.6 billion across 500 portfolio companies since 2013, with 73 exits recorded and 240,000 registered investors worldwide.
• Republic has deployed $900 million through its ecosystem spanning equity crowdfunding, real estate, crypto, and gaming verticals, with over one million members.
• InvestorFlow serves 25 of the top 50 global investment managers, with $6 trillion in client assets flowing through its AI-powered front-office platform.
• Minimum investment thresholds span from $50 on equity crowdfunding platforms like Republic and StartEngine to $125,000 on institutional fund-of-funds products such as Moonfare.

Private Equity Apps: What the Market Looks Like in 2026

The term "private equity apps" covers two fundamentally different product categories. The first is investor-facing access platforms, which allow retail and accredited investors to commit capital to PE funds, startup equity, or secondary market shares. The second is PE firm operational software, which equips general partners (GPs) and fund managers with tools for deal sourcing, cap table management, LP reporting, and portfolio monitoring.

Both categories are growing because companies are staying private longer, compressing the window for public market investors and expanding demand for private market access tools. The global PE industry carries $8.2 trillion in AUM as of 2023, and that capital now flows through software layers managing everything from digital onboarding to fund administration. Automation and AI adoption are accelerating across the PE tech stack, with agentic workflows handling functions that required manual spreadsheet work five years ago.

The platform landscape is US-centric but increasingly global. Moonfare operates in 16-plus countries, Nasdaq Private Market reaches more than 20 countries, and OurCrowd operates from its Jerusalem headquarters with offices in Abu Dhabi, Toronto, Singapore, and Hong Kong. Regulatory frameworks shape who can invest and where: Regulation CF opens equity crowdfunding to all investors 18 and older, while Regulation D and Regulation A-plus govern accredited and broader-access offerings respectively.

Platform Comparison at a Glance

The 11 platforms below span the full range from institutional PE software to retail equity crowdfunding, organized by assets tracked or deployed where data is available.

For investor-facing platforms where AUM is not publicly disclosed, the distinguishing factors are minimum investment thresholds, regulatory framework, and asset class breadth.

Top Picks by Platform Category

Largest Software Footprint: Allvue Systems tracks $8.5 trillion in alternative assets across 21,000-plus funds, making it the broadest PE and venture capital software layer in the market.

Most Curated Fund Access: Moonfare reviews more than 5,000 funds annually and selects just 20 to 30 for its platform. Sophisticated investors gain entry into flagship KKR, EQT, and Carlyle funds with minimums starting at $25,000 for semi-liquid products.

Leading Equity Crowdfunding Platform: Republic has deployed $900 million across more than one million members, offering access to startup equity, real estate, crypto, and gaming starting from $50 via Reg CF, Reg D, and Reg A-plus.

Top Pre-IPO Secondary Market: Forge Global provides purpose-built infrastructure for buying and selling pre-IPO shares, with proprietary daily pricing on roughly 200 private companies via its Forge Price tool.

Best for Global VC Access: OurCrowd has committed $2.6 billion across 500 portfolio companies, with 73 exits and co-investment structures that place accredited investors alongside sovereign wealth funds and institutional GPs.

Most Comprehensive PE ERP: Carta administers $182 billion across 8,500-plus funds and SPVs on a single platform, covering cap table management, 409A valuations, fund accounting, and LP reporting for 1.6 million equity holders.

Strongest Institutional Front-Office AI: InvestorFlow serves 25 of the top 50 global investment managers and has facilitated 28,000-plus closed deals, using OpenAI, Salesforce, and Azure integrations to automate deal sourcing and investor service workflows.

Top Private Equity Platforms in Detail

Moonfare

Moonfare solves the single biggest problem facing high-net-worth investors who want PE exposure: access to funds that typically require institutional minimums in the millions. The platform vets more than 5,000 funds annually, covering 250-plus fund managers, and selects just 20 to 30 for its 75,000-member community across 16-plus countries. Product tiers include semi-liquid structures at $25,000, co-investments at $75,000, and direct fund or portfolio-of-funds access at $125,000.

Flagship relationships with KKR, EQT, and Carlyle give members entry to buyout, growth equity, and infrastructure strategies that are otherwise closed to individual investors. A secondary marketplace allows members to buy or sell fund stakes before maturity, addressing the lock-up period constraint that defines traditional PE commitments.

Carta

Carta functions as the central nervous system for private capital operations, connecting startups, VC funds, PE firms, and limited partners (LPs) on one platform. With $4 trillion in assets on platform and $182 billion under direct administration, it serves more than 50,000 companies and 1.6 million equity holders. The platform covers cap table management, 409A valuations, fund accounting, tax preparation, and LP reporting, replacing fragmented spreadsheets and third-party vendors that most firms previously relied on.

Its AI-powered networked intelligence layer flags inconsistencies and automates routine workflows across fund administration. PE and VC firms that consolidate operations onto Carta report real-time data availability and faster audit cycles.

InvestorFlow

InvestorFlow is the front-office platform for GPs who need to raise capital faster and source more deals without adding headcount. It serves 10,000-plus institutions and 290,000-plus LPs, with $6 trillion in client assets and 3,500-plus funds active on the platform. The AI layer integrates OpenAI, Salesforce, and Azure to auto-generate target investor lists, enrich company profiles from unstructured meeting notes, and identify action items from emails and calls.

Twenty-five of the top 50 global investment managers use InvestorFlow for capital formation, deal deployment, and investor servicing. For PE firms managing complex fundraising cycles and high-volume deal flow, it replaces manual CRM workflows with automated relationship intelligence.

Allvue Systems

Allvue Systems is the back-office and mid-office engine behind some of the largest alternative investment managers in the world. The platform tracks $8.5 trillion in assets across 21,000-plus funds for more than 500 clients globally, covering PE, VC, private credit, and CLO strategies. Its Agentic AI Platform automates fund accounting, portfolio monitoring, and LP reporting tasks that previously required significant manual intervention.

Allvue integrates with more than 20 partner systems, making it a connective layer rather than a replacement for existing infrastructure. For PE and private credit fund administrators handling high fund volumes, it delivers consolidated reporting and real-time risk assessment across business lines.

Forge Global

Forge Global built the infrastructure layer for secondary trading in pre-IPO private company shares. Its Forge Price tool provides daily indicative pricing for approximately 200 private companies, giving buyers and sellers transparency that the secondary market historically lacked. Individual accredited investors access Forge Marketplace, while institutional investors use Forge Pro for larger-volume trading.

Forge Trust enables self-directed IRA participation, extending secondary market access into tax-advantaged accounts. For employee shareholders in late-stage private companies seeking liquidity before an IPO, and for investors wanting exposure to high-growth names before they list publicly, Forge is the most data-rich secondary marketplace available.

Nasdaq Private Market

Nasdaq Private Market brings exchange-grade infrastructure to the private secondary market, having generated $60 billion in value for employees, investors, and private companies across a decade of operation. Its SecondMarket trading platform facilitates company-sponsored liquidity programs (tender offers) as well as individual secondary transactions for accredited institutional investors. The client base skews heavily toward technology companies (49%) and financial services (19%), with 33% of clients valued at $5 billion or more.

The platform operates across more than 20 countries including Japan, Singapore, Germany, France, and the UK. Law firms including Goodwin, Cooley, and Latham and Watkins are among the top referrers, reflecting its role in structured secondary transactions.

OurCrowd

OurCrowd operates as a global VC fund access platform for accredited investors, running co-investments alongside the institutional investors that most individuals cannot access directly. The Jerusalem-based platform has committed $2.6 billion across 500 portfolio companies and 68 funds, having vetted more than 19,500 companies since 2013. Its 73 exits place it among the more active platforms in terms of liquidity events for investors.

Co-investment structures mean accredited investors participate in selected deals on the same terms as sovereign wealth funds and institutional angel investors. With offices in Abu Dhabi, Toronto, Singapore, and Hong Kong, OurCrowd is the strongest geographically diversified VC access platform outside the US.

Republic

Republic is the broadest equity crowdfunding platform in the US market by asset class scope, spanning startup equity, real estate, crypto, and video games from a $50 minimum. With more than one million members and $900 million deployed, it operates under Reg CF, Reg D, and Reg A-plus, giving it the widest regulatory coverage of any crowdfunding platform. The iOS and Android mobile app includes Google Pay credit card investing, removing friction for first-time alternative investors.

Accredited investors gain access to larger Reg D offerings alongside the Reg CF deals available to all adults. Republic is the natural starting point for investors allocating to alternative assets for the first time.

CrowdStreet

CrowdStreet provides accredited investors direct access to private equity, private credit, real estate funds, direct commercial real estate (CRE) deals, and venture capital from one platform. Its 300,000-plus members access investment opportunities through a rigorous diligence process that removes the relationship-dependent barrier blocking most retail access to PE and credit strategies. No other platform in its accredited-investor tier covers the same breadth from PE buyout to direct CRE to venture.

Accredited investors building diversified alternatives portfolios who want control over allocation across strategies and asset classes will find CrowdStreet's single-platform model particularly efficient.

Fundrise

Fundrise charges no performance fee (carried interest), which meaningfully improves expected net returns for investors in real estate PE strategies. Its proprietary technology stack took more than 10 years to build. It comprises Basis for real estate asset management, Cornice for investor servicing and fund management, and Equitize for growth-stage tech company funding.

The platform earned a 4.7-star rating from Investopedia and a 5-star rating from NerdWallet in December 2024, reflecting strong retail investor satisfaction. Open to all investors rather than just accredited individuals, Fundrise sits at the most accessible end of the real estate PE spectrum. Equitize, its equity funding arm, extends the platform into technology company growth capital.

MicroVentures

MicroVentures occupies a distinctive position as a registered broker-dealer offering both early-stage equity crowdfunding and secondary trading for late-stage private companies on one platform. Reg CF investments begin at $100, making it among the most accessible entry points in the private market ecosystem. The secondary trading capability for late-stage companies, available to accredited investors, allows the same platform to serve both first-time startup investors and more sophisticated buyers seeking pre-IPO exposure.

Holding broker-dealer registration provides compliance oversight that equity crowdfunding funding portals do not require, making its due diligence disclosures among the more thorough in the Reg CF space.

Investment Trends Shaping Private Equity Platforms

Democratization of Private Market Access

Companies staying private longer has created a structural gap between where value is created (private markets) and where most retail investors can participate (public markets). Platforms including Republic, Fundrise, MicroVentures, and StartEngine are channeling retail and high-net-worth individual (HNWI) capital into private markets through Reg CF, Reg A-plus, and Reg D structures. Minimum investment thresholds have dropped from six-figure fund commitments to $50 on the most accessible platforms.

AI-Powered Deal Sourcing and Relationship Intelligence

AI-driven CRM and relationship intelligence platforms now embed directly into the deal sourcing workflows that PE firms use to originate investment opportunities. InvestorFlow auto-generates target investor lists and extracts financial KPIs from unstructured meeting notes, surfacing the strongest prospects from within a firm's existing network. Allvue's Agentic AI Platform extends automation further into fund accounting and LP reporting, reducing manual data entry across the fund lifecycle.

Secondary Market Liquidity Expanding

Forge Global, Nasdaq Private Market, and Moonfare's secondary marketplace are all expanding the tradeable universe of private assets, addressing the lock-up period problem that deters many investors from committing capital to PE. Nasdaq Private Market has generated $60 billion in value through secondary transactions, while Forge provides daily indicative pricing on roughly 200 pre-IPO companies. Semi-liquid structures on platforms like Moonfare offer quarterly liquidity windows within otherwise illiquid fund strategies.

End-to-End Platform Consolidation

PE firms are replacing fragmented point solutions with ERP-style platforms covering deal origination through LP reporting in one system. Carta connects cap table management, fund administration, tax, and investor portals for 50,000-plus companies. Allvue covers portfolio monitoring, fund accounting, and LP-facing reporting on the same infrastructure layer. InvestorFlow unifies capital formation, deal deployment, and investor services in a cloud-native stack built on Salesforce and Azure foundations.

Regulatory Evolution Enabling Broader Access

The Reg CF, Reg A-plus, and Reg D frameworks established a durable foundation for platform-based private market investing. Broker-dealer registration, held by platforms including MicroVentures and Nasdaq Private Market, provides a compliance moat and enables secondary trading that funding portals cannot facilitate. Increasing regulatory scrutiny around investor protection is also driving demand for compliance software built into platform infrastructure rather than added on afterward.

How to Evaluate a Private Equity Platform

Investor eligibility is the first filter. Reg CF platforms (Republic, MicroVentures, StartEngine) accept all investors 18 and older, while institutional fund access platforms (Moonfare, Yieldstreet, CrowdStreet) require accredited investor status, meaning $200,000 annual income or $1 million net worth excluding primary residence.

Minimum investment thresholds should match available capital. The spectrum runs from $50 on Republic to $125,000 on Moonfare's direct fund products. Yieldstreet's range of $2,500 to $10,000 per offering sits in the accessible middle tier for accredited investors without large minimums.

Liquidity mechanics deserve careful scrutiny before committing. Platforms with secondary markets (Forge Global, Nasdaq Private Market, Moonfare, MicroVentures) allow earlier exits than traditional PE lock-ups. Platforms without secondary trading, including Republic and CrowdStreet, require investors to hold until exit or maturity, which can mean five to ten years.

Fee structure determines net return. Fundrise charges no carried interest (performance fee), while institutional fund-of-funds products on Moonfare typically carry management fees at the platform layer on top of underlying fund fees. PE software platforms (Carta, Allvue, InvestorFlow) charge subscription or seat-based fees to the GP rather than the LP.

Verify regulatory registration before committing capital. The SEC's EDGAR database lists offering documentation for Reg CF and Reg A-plus issuers. Broker-dealer registration can be verified through FINRA's BrokerCheck. Platforms that obscure fee disclosures or carry no regulatory documentation represent clear red flags.

Which Platform Fits Your Needs?

Retail investors entering private markets for the first time should start with Republic or MicroVentures, where $50 to $100 is sufficient to gain real exposure to startup equity under Reg CF. Both platforms offer digital onboarding, mobile app access, and mandatory offering disclosures that reduce the information asymmetry typical of private investments. MicroVentures's secondary trading capability adds an exit path not available on most equity crowdfunding platforms.

Accredited investors seeking institutional-quality PE fund exposure, rather than startup equity, should evaluate Moonfare for its curated fund selection and Yieldstreet for diversified alternatives across private equity, private credit, and real assets. OurCrowd is the strongest option for global VC co-investment access, particularly for investors interested in technology companies with Israeli or emerging-market exposure. CrowdStreet covers the widest asset class range for accredited investors who want PE, private credit, and direct CRE in one account.

PE and VC firms evaluating operational software should treat Carta, Allvue, and InvestorFlow as the three primary candidates. Carta best serves early-stage and growth-stage fund managers who need integrated cap table, fund administration, and LP reporting. Allvue is the stronger fit for established PE managers and private credit firms handling high fund volume. InvestorFlow suits firms prioritizing capital formation speed and AI-powered deal sourcing, particularly those managing more than $1 billion in AUM.

Methodology

This guide covers leading private equity apps and platforms operating in 2026, selected based on scale of assets administered, number of active investors or clients, documented regulatory status, and breadth of private market access provided. Data points including AUM, fund counts, and investor totals are sourced from platform disclosures and reflect figures published through 2023 to 2025. Platforms are drawn from both the investor-facing access category and the PE firm operational software category, as both fulfill what users searching for private equity apps typically need. No platforms were included based on commercial relationships; all comparisons reflect publicly available data.