Altvia continues partnership with Passthrough

by Matthias Plötz 11 September 2023

Altvia and Passthrough have launched OnboardingBridge, which integrates a CRM with an investor onboarding tool.

According to the companies, their tool will speed up data processing, minimise onboarding risk and expedite fund closures by transferring data back and forth between GPs and LPs.

To this end, users will be able to use, import and export prepopulated investor subscription documentation data to use in Altvia’s CRM. The rapid data transfers should additionally minimise business delays and enable teams to accelerate fund closings while decreasing the related workload.

In a statement, Passthrough’s CEO Tim Flannery summed up the partnership’s aim: “While Passthrough streamlines document completion and data system integration, GPs can get back to running their funds and using readily accessible investor data.”

“We’ve achieved data continuity throughout our fundraising process with OnboardingBridge,” commented Sara Anderson, PennantPark’s investor relations product manager. “Because our fundraising and investor data seamlessly flows between our CRM and sub docs now, we’ve been able to use the time previously spent on manual processes for building relationships with our LPs, giving them a better experience all round.”

Passthrough and Altvia initially partnered in April 2023 to improve investor onboarding. Check out The Drawdown’s interview with Flannery for more information on the company and the state of technology in private equity.

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