Pricing

Priced to clear your compliance review — not your runway.

Every plan ships with the full pipeline: classification, gating, signed-link delivery, and the 17a-4-shaped audit log. Tiers vary only by fund count, session volume, and the depth of compliance tooling your team needs.

Founding fund

For the GP running a single fund and one IR channel.

$1,200/ mo
billed monthly · 30-day free trial
Start free trial
  • 1 fund · single legal entity
  • 250 verified investor sessions / mo
  • Full 5-step pipeline
  • 7-year audit retention · cold archive
  • Parallel Markets verification
  • Email support · 24-hour response
approx. $2.40 per verified disclosure
Enterprise

For platforms, fund-of-funds, and anyone with a VPC requirement.

Custom
annual contract · negotiated by AUM and entities
Talk to founders →
  • Unlimited funds and entities
  • Custom session volume
  • VPC / single-tenant deployment
  • Custom DPA, BAA, MSA, exhibits
  • Custom audit retention beyond 7 years
  • Dedicated solutions engineer · named CSM
  • 99.95% uptime SLA · 1-hour incident response
avg. enterprise deal · $58k / yr

What ships with every plan — including the trial.

Compliance baseline
Full 5-step pipeline
Classify, gate, retrieve, compose, audit — same code path on every tier.
Accredited-investor gating
Parallel Markets integration · sub-2-minute verification flow.
14-word quotation cap
Composer-enforced. Cannot be relaxed via prompt, config, or feature flag.
17a-4 audit log
Postgres WORM trigger + S3 Glacier · 7-year retention default.
SOC 2 Type II posture
SOC 2 report on request after MSA. Subprocessor list always public.
Refusal templates
Personalized advice and prohibited topics return a tested template.
PPM ingestion
Upload OM, sub docs, tear sheets. Disclosure levels tagged automatically.
Audit log export
CSV and JSON. Always yours. Survives cancellation indefinitely.

The cost of not being compliant is a four-comma number.

SEC examinations of private fund IR communications have risen sharply since the 2024 Marketing Rule amendments. A single restated PPM disclosure, mishandled testimonial, or off-platform LP communication can cost more than a multi-year Dalphe contract.

$1.2M
Median SEC Marketing-Rule settlement for private advisers, 2023–25.
$240k
Avg. annual fully-loaded cost of one in-house IR analyst.
17×
Median Growth-plan ROI vs. one settlement, year one.
< 1 day
From contract to live widget on your IR page.
Questions

The questions every fund's CFO asks before signing.

How do you count a “verified investor session”?

One session = one continuous conversation by one verified accredited investor on one device within a 24-hour window. Public anonymous browsing does not count. Refused or gated-but-unverified attempts do not count.

What happens if we exceed our session quota?

Nothing breaks. Overages bill at $4.80 / session on Founding and $1.36 / session on Growth, posted on the next invoice. You can set a hard cap in the dashboard if your finance team prefers — additional sessions then queue for the following month.

Can we self-host or run in our VPC?

VPC and single-tenant deployments are Enterprise-only. We support AWS, Azure, and GCP. Model calls route through Bedrock or Azure OpenAI to keep prompts inside your tenancy.

Do you sign our paper or only your own?

Founding and Growth ship with our standard MSA, DPA, and acceptable-use exhibit — we accept light redlines. Enterprise contracts are fully negotiated, including BAA, model addenda, named-region commitments, and custom retention clauses.

What about the SOC 2 report and subprocessor list?

SOC 2 Type II is available under NDA — request via your account, sent same day. Subprocessor list is public, versioned, and you are notified 30 days before any change.

What happens to our audit log if we cancel?

It remains yours. On cancellation you can export the full WORM log. We retain a sealed copy in cold storage through the original 7-year retention window — required by 17a-4 — but it is read-only and you control further access.

Pick a tier. Or skip the pricing page and just try it.

The trial is the full Growth plan, no card required. If by day 30 you haven't filed your first compliance review with the audit log attached, we'll refund the conversation we never had.

01
White-glove onboarding — we ingest your PPM and tear sheets.
02
Compliance officer reads the audit log on day one.
03
Cancel anytime. Audit log is yours to export, always.