Passthrough, a data-driven subscription document platform that seamlessly automates, distributes, executes, and manages the subscription process for fund managers and their investors, has raised USD5 million.
Positive Sum led the round with participation from Okta Ventures, Great Oaks VC, and Company Ventures.
Additional strategic angel investors and operators also participated in the round including Samir Kaji (Founder and CEO of Allocate); Bob Moore (CEO of Crossbeam); Josh Smith (co-founder and former CEO of Solovis, a leading institutional investment portfolio management system); Marshall Boyd (Co-President/Chief Investment Officer at Interstate Equities Corp.); Andrea Walne (General Partner at Manhattan Venture Partners); Daniel McAuley (Data Science at Instagram); Winter Mead (CEO and Managing Member at Coolwater Capital); and Deanna Fong (Program Manager at Meta and Former Head of Compliance at Carta).
Passthrough enables fund managers to collaborate with their advisors and service providers in closing funds across private equity, real estate, venture capital, and other private investment vehicles.
