InvestNext Pros and Cons

InvestNext is very simple to use. Setting up a capital raise and then managing that capital throughout the investment is all streamlined easily. I also love the ability to process payouts, according to my customized waterfalls, directly from the platform. I have used other platforms that charge way more money that can't even do that. Very satisfied with the platform and all it does to help me manage investors. Review collected by and hosted on G2.com.

It would be amazing if it was a bit more robust in terms of lead generation and CRM to handle new investors. That side of things is a bit limited. If it handled that in this platform it would be amazing. Review collected by and hosted on G2.com.

Allows for easy access to all invest related data all in one location. we are just getting started with the application - learning the functionality and security features. Review collected by and hosted on G2.com.

we are just adopting the application - seems promising. since we are not in the application every day - locating and navigating information is on the learning curve Review collected by and hosted on G2.com.

This is my first time using InvestNext as a co-sponsor. I overlooked my investor's initial documentations and realized we needed to correct it after the deal was closed. The complexity is there was a wall between the lead sponsor and the co-sponsor. So, we could not fix the problem by ourselves. When reaching out to InvestNext team. the customer support provided fast response and took all steps to help us fix the problem. Review collected by and hosted on G2.com.

My primary role has been a co-sponsor. I'm not sure what the lead sponsor could see. One thing surprised me was that it seemed that the lead sponsor had to manually add me to the Communication portal after the capital raising was closed. I could be wrong but there was a hiccup on this step on my other deal. Review collected by and hosted on G2.com.

The platform is very effective at:

1. registering all potential investors and tracking their activity

2. Fundraising - great setup that is fully integrated that tracks the status of investors all the way from interest to soft commits with fully integrated docusign to track status of getting all documents signed.

3. Program Management - Easily send out distributions to all investors. Each investor can login and track their own returns.

This platform makes running syndications so much easier! Review collected by and hosted on G2.com.

The only downside is the cost. But it is competitive with others and it offers superior functionality. Review collected by and hosted on G2.com.

I like the integration aspect. I have a lot of other tools and CRM's that I use so this is a big help although I have not really delved into it that much but it is one of the things that made me sign up in the first place. I also like the capital raising features where I can manage fund transfers. Review collected by and hosted on G2.com.

I actually don't like that when I am on my phone I have to go to my browser and log into my account through there, I hope a mobile app will be developed to make things easier for when people like me are on the go and with how frequent I can use it. Review collected by and hosted on G2.com.

the dashboard is clean. i can also navigate multiple funds with a single log in. Review collected by and hosted on G2.com.

as an investor, i still cannot consolidate all different funds into one log in. i still need 2 ID. i cannot see the portfolio details.

as a fund manager, i wish i could download the LP information. some LP invests multiple times and some invest once. it is not easy to sort out those information. Review collected by and hosted on G2.com.

I like that it feels sophisticated. Its relatively straightforward what to dofor investors which is helpful for the old guys who don't do tech. 3rd party accrediation letter is nice. Like that it can do ACH on the site. The customer support is phenomenal. Review collected by and hosted on G2.com.

It wasn't really streamlined for 401Ks / retirement accounts. Its easy to make duplicate accounts on accident and our investors got confused because every field on our subscription booklet was required. We just didn't realize that it was set up this way. Long story short it is just a book learning curve to use and use properly. Not super easy to use at first. Felt like it made our raise harder this time around (being the 1st) but I'm sure it will be easier on the next now that we've gotten out the kinks. Review collected by and hosted on G2.com.

Responsive team with great technology that is always adapting and making it easier for both investment fund managers and our investors. Review collected by and hosted on G2.com.

Have really enjoyed our experience thus far. It could use some work on automating the exact tax information needed for K-1s. Review collected by and hosted on G2.com.

Their investor portal takes all the pain out of the subscription agreement signing process, review and analysis of the fund, and basic customer support. It was very easy to integrate with. Review collected by and hosted on G2.com.

As a hard money lender, the software isn't a perfect fit, since its mainly built for capital raising rather than loan management. So the only downside is that investors don't have an easy way to seeing our loan level data aka how the fund operations are doing - unless we manually upload all the info which isn't an option with hundreds of loans. Review collected by and hosted on G2.com.

The customer service has been incredible and the interface is great. They are also very responsive an open to hearing things that can be improved on their site. They also have enabled a feature where you can generate a report on almost any data that is reflected in the portal, which has been extremely helpful. Review collected by and hosted on G2.com.

Sometimes the new document scanner feature for uploading tax documents takes a long time. However, it has gotten better already in the 2 months that it has been an active feature. Review collected by and hosted on G2.com.