Fundwave
Fundwave is a comprehensive fund accounting and investment management software designed to help venture capital and private equity firms automate complex portfolio tracking, reporting, and investor relations workflows.
Moderne
Moderne is an automated code remediation platform that helps you secure and modernize your entire software codebase at scale using OpenRewrite recipes to eliminate manual refactoring work.
Quick Comparison
| Feature | Fundwave | Moderne |
|---|---|---|
| Website | fundwave.com | modern.software |
| Pricing Model | Freemium | Custom |
| Starting Price | Free | Custom Pricing |
| FREE Trial | ✓ 30 days free trial | ✘ No free trial |
| Free Plan | ✓ Has free plan | ✓ Has free plan |
| Product Demo | ✓ Request demo here | ✓ Request demo here |
| Deployment | ||
| Integrations | ||
| Target Users | ||
| Target Industries | ||
| Customer Count | 0 | 0 |
| Founded Year | 2012 | 2020 |
| Headquarters | Singapore, Singapore | San Francisco, USA |
Overview
Fundwave
Fundwave is an end-to-end platform designed to simplify the complex world of private equity and venture capital fund administration. You can move away from error-prone spreadsheets and manage your entire fund lifecycle—from capital calls and distributions to complex waterfall calculations—within a secure, automated environment. The software ensures your data remains consistent across all investor reports and internal accounting ledgers.
You can provide your limited partners with a professional experience through a dedicated investor portal where they can access capital call notices, tax forms, and performance dashboards. Whether you are managing a single micro-VC fund or a multi-jurisdictional private equity firm, the platform scales to handle your specific regulatory and reporting requirements while reducing the time you spend on manual data entry.
Moderne
Moderne is a continuous software modernization platform designed to help you manage large-scale code changes across thousands of repositories simultaneously. Instead of manually fixing security vulnerabilities or updating deprecated libraries one by one, you can use automated 'recipes' to search, transform, and fix your code in minutes. It leverages the OpenRewrite ecosystem to perform type-accurate abstract syntax tree (AST) transformations, ensuring your code remains functional and clean after every automated update.
You can use the platform to automate migration tasks like moving from Java 8 to 17, fixing common security flaws (SAST), and enforcing consistent coding standards across your entire organization. It is built for platform engineering and security teams at mid-to-large enterprises who need to reduce technical debt without slowing down development cycles. By centralizing code analysis and remediation, you gain full visibility into your software inventory and the power to fix issues at the source.
Overview
Fundwave Features
- Automated Fund Accounting Maintain your general ledger with automated entries for capital calls, distributions, and expenses tailored for private equity structures.
- Waterfall Calculations Configure complex carried interest and distribution models to calculate GP and LP splits accurately without manual spreadsheet formulas.
- Investor Portal Give your investors secure, 24/7 access to their documents, capital account statements, and real-time portfolio performance metrics.
- Portfolio Monitoring Track the financial health of your portfolio companies by collecting KPIs and generating consolidated valuation reports automatically.
- Capital Call Management Generate and dispatch professional call notices to all your investors simultaneously with just a few clicks.
- CRM for Fund Managers Manage your relationships with prospective and existing investors throughout the fundraising and deployment cycles in one place.
Moderne Features
- Automated Code Remediation. Apply pre-built OpenRewrite recipes to automatically fix security vulnerabilities and upgrade library versions across all your repositories.
- Mass-Scale Code Search. Search through thousands of repositories instantly to find specific code patterns, vulnerable dependencies, or non-compliant configurations.
- Type-Safe Transformations. Ensure your automated code changes are accurate and safe with loss-less semantic tree transformations that preserve your code's logic.
- Custom Recipe Builder. Create your own automation recipes tailored to your organization's specific coding standards and internal library migration needs.
- Change Campaign Management. Track the progress of large-scale refactoring projects and manage pull requests across your entire GitHub or GitLab organization.
- Security Vulnerability Fixing. Go beyond just finding bugs by automatically generating and committing fixes for common CWEs and OWASP Top 10 issues.
Pricing Comparison
Fundwave Pricing
- 1 Fund
- Up to 10 investors
- Basic fund accounting
- Standard reporting templates
- Email support
- Everything in Free, plus:
- Up to 25 investors
- Automated waterfall calculations
- Investor portal access
- Custom document branding
- Priority email support
Moderne Pricing
Pros & Cons
Fundwave
Pros
- Significantly reduces time spent on manual waterfall calculations
- Intuitive interface compared to traditional legacy accounting systems
- Highly responsive customer support team for technical queries
- Professional investor portal improves limited partner satisfaction
Cons
- Initial setup of complex fund structures takes time
- Limited native integrations with third-party CRM tools
- Advanced customization requires assistance from their support team
Moderne
Pros
- Drastically reduces time spent on manual library migrations
- Ensures high-quality code changes with type-accurate transformations
- Provides excellent visibility into technical debt across large organizations
- Strong integration with popular version control systems like GitHub
- Active community support through the OpenRewrite project
Cons
- Requires a learning curve to write custom recipes
- Public pricing is not available for private enterprises
- Initial setup for complex on-premise environments takes time