When was Passthrough founded?

Passthrough was founded in 2002 and raised its 1st funding round 20 years after it was founded.

Where is Passthrough located?

Passthrough is headquartered in Middletown, United States.

Who is the current CEO of Passthrough?

Benjamin Doran and Tim Flannery s of Passthrough. Benjamin Doran has also founded 1 company.

How many employees does Passthrough have?

As of Mar 31, 2026, the latest employee count at Passthrough is 19.

Is Passthrough a funded company?

Passthrough is a funded company, having raised a total of $15M across 2 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Feb 15, 2022.

When was the latest funding round of Passthrough?

Passthrough's latest funding was a $***** Series A round on Dec 07, 2022, with participation from 5 investors.

Where does Passthrough rank among its competitors?

Passthrough ranks 1st amongst 4 active competitors, none of which are funded.

Who are the top competitors of Passthrough?

Passthrough's top competitors include Vauban, AtlasOne and Rivver. Among them, Passthrough secured the most recent funding round in December, 2022.

Passthrough - 2026 Company Profile, Team, Funding & Competitors

Company Details

Fund closing and automated subscription solutions for private funds. It features tools for documentation, execution, regulatory compliance, management of workflows, and validation of accounts to assist attorneys, investors, and general partners. It ensures streamlined communications throughout the network for the submission of subscription contracts.

Website: www.passthrough.com/
Email ID: *****@passthrough.com

Key Metrics

Founded Year

2002

Location

Middletown, United States

Stage

Acquired

Total Funding

$15M in 2 rounds

Latest Funding Round

Series A, Dec 07, 2022, $*****

Investors

Positive Sum & 13 more

Ranked

1^st among 4 active competitors

Employee Count

19 as on Mar 31, 2026

Similar Companies

Vauban & 2 more

Exit Details

Acquired by iCapital (Feb 13, 2026)

View Passthrough's full profile

Passthrough got acquired by iCapital on Feb 13, 2026.

Click here to take a look at Passthrough's acquisition in detail

Passthrough has raised a total funding of $15M over 2 rounds. Its first funding round was on Feb 15, 2022. Its latest funding round was a Series A round on Dec 07, 2022 for $*****. 5 investors participated in its latest round. Passthrough has 6 institutional investors and 8 angel investors.

Here is the list of recent funding rounds of Passthrough:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 07, 2022	6496257	Series A	2062968	8253084	8178913	9166888
Feb 15, 2022	6189443	Series A	3935355	1895614	Positive Sum	Okta & 10 more

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View details of Passthrough's funding rounds and investors

The founders of Passthrough are Benjamin Doran, Alex Laplante and Tim Flannery. Benjamin Doran and Tim Flannery are the CEOs of Passthrough.

Here are the details of Passthrough's key team members:

Benjamin Doran: Founder & CEO of Passthrough.
Contact Info: 1 email address
Alex Laplante: Founder of Passthrough.
Contact Info: 1 email address
Tim Flannery: Co-Founder & CEO of Passthrough.

View details of Passthrough's Founder profiles and Board Members

Passthrough's employee count trend

Passthrough has 19 employees as of Mar 26. Here is Passthrough's employee count trend over the years:

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Top competitors of Passthrough include Vauban, AtlasOne and Rivver. Here is the list of Top 10 competitors of Passthrough, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Passthrough 2002, Middletown (United States), Acquired	Fund closing and automated subscription solutions for private funds	$15M	Broadhaven Ventures, Motley Fool Ventures ... & 12 others	63/100
2nd	Vauban 2017, London (United Kingdom), Acquired	Portfolio management platform for private market investment	$9.48M	7percent Ventures, Kima Ventures & 17 others	51/100
3rd	AtlasOne 2020, Toronto (Canada), Unfunded	Research and fund incorporation solutions for the private market	-	-	36/100
4th	Rivver 2018, Tel Aviv (Israel), Funding Raised	Fund administration platform	-	Schema Capital	23/100