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?

Tim Flannery of Passthrough. They have also founded 1 company.

How many employees does Passthrough have?

As of Aug 31, 2026, the latest employee count at Passthrough is 18.

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. Its primary sector is Investment Tech. In United States, the Investment Tech sector has seen $5.4B in funding in 2026 to date.

Where does Passthrough rank among its competitors?

Passthrough ranks 1st amongst 7 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

Passthrough is an acquired company based in Middletown (United States), founded in 2002 by Benjamin Doran, Alex Laplante and Tim Flannery. It operates as a Fund closing and automated subscription solutions for private funds. Passthrough has raised $15M in funding from Positive Sum. The company has 7 active competitors, including 2 that have exited. Its top competitors include companies like Vauban, AtlasOne and Rivver.

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 7 active competitors

Employee Count

18 as on Aug 31, 2026

Similar Companies

Vauban & 5 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	1470024	Series A	7188750	4108427	8719014	9636426
Feb 15, 2022	8587273	Series A	7287314	7880418	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. Tim Flannery is the CEO of Passthrough.

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

Benjamin Doran: Founder of Passthrough.
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 18 employees as of Aug 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	62/100
2nd	Vauban 2017, London (United Kingdom), Acquired	Portfolio management platform for private market investment	$9.48M	7percent Ventures, Kima Ventures & 17 others	49/100
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	24/100
5th	Vanquish St Albans (United Kingdom), Unfunded	Provider of white label investment fund infrastructure and trading strategies	-	-	19/100
6th	The Fund Stage 2026, Guernsey, Unfunded	Provider of digital tools for managing fund launches across jurisdictions	-	-	16/100
7th	Peerpoint Funds Colorado Springs (United States), Unfunded	Provider of investment fund structures for independent financial advisory firms	-	-	16/100