Fassport

What is Fassport?

Fassport is a private equity infrastructure platform developed by Fassport, Inc.; it serves fund managers, general partners, founders, investors, and capital network operators. It integrates investor matching, outreach, due diligence processes, subscription procedures, and post-investment management into a single workflow.

The platform provides tools for raising funds, but it does not replace the user in carrying out this process nor does it take a commission on the amount raised. The structure of the issuance, communication with investors, compliance with securities regulations, and final decision-making remain the responsibility of the user and their professional advisors.

Main functions

AI investor matching

Users upload project materials in PDF, PPTX, or DOCX format, and provide additional information such as the fundraising target, industry sector, asset category, and criteria for ideal investors. The system evaluates these projects against the network of over 150,000 verified limited partners available on the platform, and provides a list of suitable partners on a weekly basis.

• Each matching result includes a compatibility score, which helps the team determine the priority of outreach efforts.
• It covers a wide range of projects including venture capital, private equity, real estate, private lending, energy, agriculture, and operational businesses.
• The size of the investor network and its rating are aspects that describe the platform’s capabilities; they do not imply that any LP will necessarily respond, give a commitment, or provide funding.

Automatic outreach and meeting scheduling

The team can utilize multiple channels to reach out to potential investors, with the system handling the initial contacts, subsequent follow-ups, and scheduling. Users are responsible for reviewing the text content, controlling the frequency of messages sent, and complying with relevant marketing, privacy, and securities regulations.

AI project material processing

After the financing documents are uploaded, the platform can analyze their completeness, assign a score to the project and provide suggestions for improvement, while also generating a draft of the issuance document ready for review. The AI’s output helps to speed up the preparation process, but it cannot replace legal, tax, auditing, or investment advice.

Data room and subscription process

The fund manager can create a data room for the issuance process, make the due-diligence documents available to the appropriate LPs, and collect subscription forms along with electronic signatures. Access controls and audit logs help to reduce the administrative burden associated with email attachments and scattered spreadsheets.

Investor verification

Fassport supports the investor verification processes required under Regulation D Rules 506(b) and 506(c), and charges a fee for each limited partner. The platform claims that verification can usually be completed within 24 hours, though the actual time may vary depending on the completeness of the submitted documents and the complexity of each case.

Fund Management and LP Portal

After the transaction is completed, the team can continue to handle capital calls, distribution, investor reports, and K-1 tax forms. LPs can access information on their investments, notifications, documents, and transaction progress through the portal, thereby avoiding the need to request details repeatedly.

White-label and institutional integration

Capital networks and institutions can apply for a white-label portal to manage multiple GPs, funds, and investors under their own brand. The product page mentions that it is possible to connect to existing systems via APIs, but no public documentation for self-development or a process for obtaining generic keys is provided.

Supported objects and asset categories

The range of assets listed on the platform includes real estate, private equity, venture capital, oil and gas, private credit, healthcare, infrastructure, energy, agriculture, family offices, operating companies, as well as other alternative assets for institutional investors.

Fund manager usage process

1. Create an account or schedule a demonstration, and choose either the investor-matching version or the full fund management platform.
2. Upload the project materials and fill in the fundraising amount, asset categories, target investors, and issuance details.
3. Check the scores of the AI-generated material and the draft version for publication, and correct any inaccurate or missing information.
4. View the weekly match list and compatibility scores to identify the LPs that should be contacted.
5. Configure outbound sequences and schedules, and review the wording, list of contacts, and compliance requirements before sending.
6. The data room is made available to interested investors, who then go through identity verification, authentication, subscription, and electronic signing processes.
7. After the transaction is completed, the platform handles the collection of capital, its allocation, reporting, and the delivery of K-1 forms.

Investor usage process

1. Access to the investor portal is granted through an invitation from the fund manager.
2. Submit identity, professional information, and the documents required for certification, and ensure that the content is accurate and complete.
3. View the authorized distribution materials and complete the subscription documents along with the electronic signature.
4. Track capital calls, allocations, investment documents, reports, and K-1s through the portal.
5. If any errors are found regarding identity, amount, or tax information, contact the fund management team promptly to address them.

Price packages

Neither the Startup nor the Fund Manager Platform charges a fee for successful fundraising, nor does it take a commission based on the amount raised. Fees, scope of services, implementation costs, and any regional differences are subject to the details provided on the settlement page or in the contract.

The recruitment page states that cancellation is possible at any time, but it does not disclose information regarding the free trial period, the deadline for refunds, or the rules for returning already paid amounts. Before making a purchase, it is necessary to clarify the effective date, the procedures for cancellation, data export options, and the scope of additional services.

Platform advantages

• It connects investor discovery, outreach, the data hub, subscription processes, and post-investment management, thereby reducing the need to switch between different tools.
• The monthly fee and additional services are separated; no fee is charged based on the amount successfully raised.
• At the same time, for both GP and LP, the documents related to transactions, as well as requests for capital repayment and reports, can remain in the same portal.
• The white-label and multi-fund capabilities are suitable for capital networks or institutions to manage multiple issuers in a unified manner.
• AI-based matching and material analysis can reduce the time required for preliminary screening, but a manual verification step is still necessary.

Capacity limits and risks

• The list of matched projects does not constitute an investment commitment; the outcome of fundraising depends on the quality of the projects, market conditions, compliance requirements, and the performance of the team.
• The platform is not a broker, legal advisor, tax advisor, or investment advisor; users should seek independent professional advice.
• The AI’s assessment of the materials and drafts may miss certain facts or misinterpret the relevant terms; therefore, each item must be reviewed carefully before it is published.
• The speed at which investors can verify their information is affected by the integrity of the documents, the jurisdiction in question, and any unusual reviews; therefore, the stated time limits cannot be considered as contractual guarantees.
• Private placements involve sensitive information regarding identities, finances, and securities; therefore, the team should configure the portals and data rooms with the minimum level of access required.
• The public page does not specify the service level commitments, the format for exporting complete data, nor the disaster recovery objectives; these details should be confirmed in the contract for institutional purchases.

Privacy and security

Fassport handles names, contact information, professional qualifications, verification documents, usage records, as well as communications sent by users. This data is used to carry out authentication processes and provide related services, to improve products, and to send notifications or respond to inquiries.

• The privacy policy states that reasonable measures are taken to prevent unauthorized access, disclosure, modification, or destruction, but no absolute security is guaranteed.
• Users may request access to, correction of, or deletion of their personal information; however, the actual processing may be subject to legal retention requirements.
• The terms require users to provide accurate information, properly protect their login credentials, and comply with applicable laws.
• The public policy does not specify the exact retention period, a list of sub-processors, the locations where the data is stored, or any security certifications.
• Organizations that need to process large amounts of LP material should request a data processing agreement, a permission model, as well as instructions for handling logs and responding to events before making purchases.

Copyright, Compliance, and Termination

The intellectual property rights related to the platform’s technology and services remain with Fassport; purchasing a subscription does not grant access to the source code or relevant models. The financing materials, investor data, and third-party files uploaded by users must have a legitimate basis for processing and sharing.

• The generated certification letter or other drafts must be reviewed by the user; if necessary, legal or professional advice should be sought.
• The services are provided as they are, and liability limits and compensation obligations should be determined prior to signing the contract, taking into account the risks associated with the business.
• The platform may suspend or terminate access in accordance with its terms, and critical information should not be stored solely in a single online account.
• The terms are governed by the laws of Delaware, United States; users in different regions must also comply with the regulations applicable in their respective locations.

API, application, and open-source status

Frequently Asked Questions

Will Fassport raise funds on behalf of users?

No. The platform provides tools for matching, outreach, verification, and fund management; users are responsible for organizing fundraising activities, managing investor relations, and ensuring compliance.

Does the platform charge a success fee?

No fee is charged. The current monthly plan and additional services are billed at a fixed price or through a customized contract, without any commission based on the amount raised.

What is the difference between a Startup and a Fund Manager Platform?

Startup focuses on matching AI investors and providing a weekly list; the Fund Manager Platform includes the features of the former, in addition to offering a data room, a portal, team permissions, subscription options, capital call functions, reporting tools, and K-1 forms.

Must investor verification be completed within 24 hours?

The target set by the platform is usually within 24 hours, but missing materials, unusual review processes, or differences in legal jurisdictions can delay the process. For critical transactions, it is necessary to leave some buffer time and specify the service standards in the contract.

Does Fassport have a public API?

It has been confirmed that organizations and capital networks can apply for API integration, but the documentation on public endpoints, self-service keys, and general development packages are not yet available publicly.

Is Fassport open-source software?

It is not an open-source product that has been verified; the licenses for the official GitHub repository, SDKs, and the source code of the core platform have not been confirmed either.

Is a refund or a free trial available?

The public page states that cancellation is possible at any time, but the rules regarding the free trial and refunds have not yet been made available. Before making a payment, it is necessary to confirm the details on the settlement page and in the written contract.

Summary

Fassport is suitable for private equity teams that wish to integrate functions such as LP sourcing, outreach, verification, subscription, and post-investment document management. The fixed monthly fee and absence of commissioning facilitate budgeting, but the additional costs related to administration, SPVs, and individual verification need to be accounted for separately.

Before adoption, it is necessary to verify the quality of matching and the workflow using real projects, and to confirm the data protocols, API specifications, service levels, as well as the arrangements for refunds and exit. Any AI drafts and compliance outcomes must be reviewed by human experts and professional advisors.