Accredited Investor Platforms Compared

Last reviewed:: September 11, 2026
Next review:: December 11, 2026
Reviewed by:: ROIStreet Publisher

Accredited-investor platforms differ more in structure than their marketing suggests. One platform may distribute startup SPVs, another private-credit notes, another real-estate funds, and another managed private-market portfolios.

ROIStreet compares the mechanics that determine what access actually means: investor qualification, verification, minimums, ownership structure, fee layers, capital calls and liquidity. Accredited status is an eligibility threshold—not a quality rating, safety label or prediction of return.

Educational comparison of published platform features. Not investment, tax, or legal advice. Not an offer or recommendation to open any account or buy any security. Some links are affiliate links. See disclosure.

How this comparison works

The most important differences are usually not the asset labels. They are who can invest, what legal vehicle the investor actually owns, whether more capital can be called later, how fees stack and what happens when the investor wants to exit.

This rubric measures published eligibility, structure, access, fees and liquidity—not expected return and not the “best investment.”

Evaluation dimensions and their weights
Dimension	Weight	What it covers
Eligibility and accreditation clarity	20%	Documents the baseline accredited-investor requirement, offering-specific restrictions, higher investor classifications and the verification method. Broader eligibility is not treated as a sign of investment quality.
Minimum investment and capital commitment	15%	Separates the advertised starting minimum from offering-specific minimums, fund commitments and later capital calls. A low starting amount is not treated as universal unless the platform documents it that way.
Asset and vehicle breadth	15%	Looks at the range of private-market exposures and structures available, including startups, venture funds, private credit, commercial real estate, energy, private equity, SPVs and diversified funds.
Fee-stack transparency	15%	Examines platform fees, management fees, fund expenses, servicing fees, sponsor economics, carried interest, promotes and transaction costs without combining percentages that use different calculation bases.
Liquidity and holding structure	15%	Documents expected holding periods, transfer restrictions, redemption schedules, secondary-market mechanisms and exit-event dependence. A potential transfer or secondary transaction is not treated as guaranteed liquidity.
Investor control and diversification choices	10%	Distinguishes individual deal selection from pooled funds, managed portfolios and pre-funded allocation programs. More choice is descriptive, not automatically better.
Regulatory and disclosure clarity	10%	Reviews how clearly the platform distinguishes broker-dealer, adviser, exempt-reporting-adviser, issuer, SPV and manager roles. Registration or FINRA/SIPC membership is not described as protection against investment loss.

Platform comparison

Listed alphabetically. The order of this table is not a ranking.

Published fees, minimums and product availability by platform, listed alphabetically
Platform	Accredited-investor requirement / investor eligibility	Higher investor classification or product-specific eligibility	Accreditation / eligibility verification process	Minimum investment or commitment	Current new-investment availability	Alternative asset class / exposure	Investment / ownership structure	Self-directed vs. managed / pooled investment model	Base platform / management / advisory fee	Carry / incentive / promote / additional fee layers	Typical holding period / liquidity / secondary-market treatment	Capital-call or additional-funding mechanics	IRA / SDIRA availability	Regulatory / broker / adviser / intermediary structure	Last fact checked
Crowd Street	Yes	Certain funds can require qualified client, qualified purchaser or offering-specific status	Accredited-investor verification is required before the Investing Account can be completed and before investing. Crowd Street can request documentation supporting the applicable accreditation method and separately performs identity/KYC/AML checks; current terms tie accreditation verification to Rule 506(c) offerings.	25000	Open — Crowd Street currently lists live private-market offerings and states that it aims to launch multiple offerings each month; availability changes by individual offering or fund.	private equity, private credit, venture capital, commercial real estate, secondaries, real assets, diversified private-market funds	Both single-asset private placements and pooled funds or registered non-traded vehicles, depending on the offering.	Self-directed at the investor account level. Investors make their own purchase, hold, redemption, capital-call and voting decisions. CrowdStreet Advisors provides advisory services to private funds, not individualized investment advice to ordinary Marketplace users.	Generally none for participating in an offering	Management, acquisition, disposition and asset-management fees, fund expenses, servicing costs, carried interest and promotes	Private investments are generally illiquid. Private funds can offer periodic redemption or repurchase programs, but availability is vehicle-specific and can be restricted or suspended. There is no dependable secondary market.	Offering-specific. Some private-market investments can issue capital calls under their governing agreements. Investors decide whether to participate subject to the offering documents and potential consequences such as dilution or priority economics; Crowd Street Capital does not service post-placement capital calls.	Yes	Crowd Street Capital LLC - CRD 312762, FINRA member, SIPC member; acts as broker/placement agent for applicable private securities	2026-09-11
EnergyFunders	Accredited investors only under the platform's current U.S. private-fund model.	No platform-wide Qualified Purchaser or Qualified Client requirement is documented in the current EnergyFunders materials reviewed September 11, 2026. Individual fund documents can impose additional investor qualifications.	EnergyFunders uses Parallel Markets to verify accreditation. Parallel collects the investor's supporting financial/personal documentation and sends EnergyFunders a verification letter; current EnergyFunders materials state the letter expires after 90 days and each investing entity must be verified separately.	Product-specific. Current references include $50,000 for America First Energy Fund I and $5,000 for Bitcoin Discovery Fund I; older lower minimums must not be generalized across the current platform.	Open on a fund-specific basis — EnergyFunders currently lists private-energy funds available to accredited investors, including oil-and-gas and bitcoin-mining-related strategies. Individual funds open and close on their own fundraising schedules.	Private energy investments, including oil-and-gas projects, drilling/working-interest strategies and bitcoin-mining infrastructure through private fund vehicles.	Accredited-investor private-energy platform offering Regulation D fund interests across oil and gas projects, working interests and bitcoin-mining infrastructure. EnergyFunders operates the platform, while unaffiliated Finalis Securities LLC provides the broker-dealer role for current securities offerings.	Investor-selected private funds; the investor chooses the fund, while EF Advisor or the applicable manager makes portfolio, disposition and distribution decisions for the fund or venture partnership under its governing documents.	Fund-specific rather than one platform-wide fee. Current referenced EnergyFunders funds disclose a 2% annual assets-under-management fee, calculated under the applicable fund terms.	Fund-specific. Current fund materials can include tiered origination fees based on the investor's contribution and performance/promote economics after specified fund hurdles. Exact percentages and calculation bases must remain tied to the applicable fund documents rather than presented as one universal all-in fee.	Private-fund liquidity. Current energy funds are designed for multi-year holding periods and do not provide daily trading or guaranteed redemptions; distributions and exits depend on the fund, underlying wells/projects, asset sales and governing documents.	No universal drawdown-style capital-call schedule is documented for the currently reviewed EnergyFunders products. After meeting a fund's initial minimum, current FAQ materials permit additional investments in the same fund/entity in smaller amounts; any mandatory future funding obligation is governed by the specific fund documents.	Supported for eligible investments through self-directed IRA arrangements and third-party retirement custodians identified by EnergyFunders, subject to the custodian and specific fund terms.	EnergyFunders, LLC operates the platform and is not a registered broker-dealer. Securities are offered through unaffiliated Finalis Securities LLC, a FINRA/SIPC member. EF Advisor LLC serves as the investment adviser/manager for applicable EnergyFunders private vehicles under their governing agreements.	2026-09-11
EquityMultiple	Yes	Most EquityMultiple offerings are available to verified accredited investors, but EquityMultiple occasionally offers investments restricted to Qualified Purchasers. Qualified-Purchaser status is therefore offering-specific, not a platform-wide requirement.	EquityMultiple first attempts automatic accreditation verification for eligible individual investors using Windfall Data. If automatic verification is unavailable, investors can manually verify with an eligible third-party professional letter or another approved verification method; current help materials require manual professional letters to be dated within the prior 90 days.	Offering-specific — EquityMultiple advertises access starting as low as $5,000, while many individual offerings have higher minimums. Do not treat the $5,000 starting point as the universal minimum for every direct deal or fund.	Open — EquityMultiple currently presents short-term notes, commercial-real-estate income or debt strategies and direct CRE equity opportunities, while individual offerings open and close over time and full live inventory requires account access.	Both equity and debt — offerings span common equity, preferred equity and senior or mezzanine real-estate debt, plus real-estate funds.	Accredited-investor private commercial-real-estate platform offering direct transactions and funds across common equity, preferred equity and debt. Direct investments can be made through an EquityMultiple-managed LLC, a project-payment-dependent note or a sponsor-controlled SPV, while fund structures vary by fund; investors generally hold an interest in the investment vehicle rather than direct deeded ownership of the underlying property.	Position: Senior/real-estate debt; Main risk: Borrower/property default; Return source: Interest + principal repayment; Typical priority: Higher, Position: Preferred equity; Main risk: Sponsor/property underperformance; Return source: Preferred distributions + negotiated economics; Typical priority: Below debt, above common, Position: Common equity; Main risk: First-loss/residual risk; Return source: Cash flow + appreciation; Typical priority: Residual	No separate platform membership fee is identified for opening or browsing an EquityMultiple account. Investment-level management, monitoring, fund, SPV and other expenses vary by offering; $0 platform membership does not mean the investments are fee-free.	Offering-specific — direct investments can include annual monitoring or servicing fees, origination or administrative expenses and, for some equity offerings, performance participation or promote. Fund and note products use their own disclosed fee structures, and some note products are described as having no investor fee.	Private securities are restricted and highly illiquid. EquityMultiple's current FAQ states there is no current secondary market for restricted securities. Expected holding period runs until maturity, sale, refinance, liquidation or another offering-specific exit. Private transfers may be possible with restrictions and are not guaranteed. Fund redemptions are offering-specific; Ascent Income Fund redemption eligibility begins after one year under current terms.	Offering-specific. EquityMultiple states investors generally are not obligated to contribute additional capital, although some sponsors retain the legal right to request a capital call. Investors can usually decline, but non-participation can result in dilution or other consequences under the governing documents; many offerings prohibit capital calls entirely.	Supported through several self-directed IRA custodians; investors create an IRA investment account in the EquityMultiple portal and must still satisfy the platform’s accredited-investor requirement.	Broker-dealer-of-record and advisory roles are separate. Preserve the broker-dealer entity and status already stored in this canonical object. EM Advisor, LLC is a separate advisory entity; its SEC registration terminated May 1, 2026 and it now reports as an exempt reporting adviser. Neither broker nor adviser status protects investors from investment loss.	2026-09-11
FundersClub	Accredited investors only. FundersClub also supports eligible accredited entities after the underlying individual account is verified.	No platform-wide Qualified Purchaser or Qualified Client requirement is documented in current FundersClub investor materials reviewed September 11, 2026. The governing documents for a particular fund can impose additional qualifications.	FundersClub requires investors to verify accredited status before investment access. Onboarding includes a brief accreditation survey and an investor qualification questionnaire in the legal documents; entity profiles can be created after the associated individual profile is verified.	Fund minimums start around $3,000 per fund in current supplied materials, but the $3,000 figure is a starting reference rather than a universal minimum; individual venture funds can require more.	Open — FundersClub currently describes available single-company and multi-company venture funds, with opportunities changing as new funds open and existing funds close.	Startup and private-company venture capital through funds that purchase private-company stock, convertible debt or other startup securities.	Accredited-investor venture access through private fund vehicles, including single-company and multi-company funds. Investors own interests in the fund vehicle rather than necessarily owning the underlying startup shares directly.	Self-directed fund selection with pooled management. Investors choose the individual FundersClub single-company or multi-company fund; the applicable FundersClub Partnership or third-party fund manager manages the underlying fund investment.	No membership fee and no commission or transaction-based compensation for simply investing through FundersClub. Individual funds can charge their own management fees.	Fund-specific. Current FundersClub materials describe carry ranging from 1% to 30% and average annual management fees ranging from 0.25% to 3%, with typical terms around 20% carry and 0.5%–2% average annual management fees. Fund administrative costs are separately reserved for items such as filings, tax preparation and banking.	No daily liquidity. Distributions generally depend on portfolio-company liquidity events and the applicable fund terms; venture investments can remain illiquid for many years and secondary transfer opportunities are not guaranteed.	FundersClub states that expected lifetime administrative costs are generally reserved up front with the intent of operating the fund to maturity without requiring additional investor capital beyond the initial investment. No universal later capital-call obligation is documented; the specific fund documents control.	Supported — FundersClub documents investing in listed startup opportunities through self-directed IRA accounts and identifies The Entrust Group as a retirement-account administration partner.	FundersClub Inc. operates as a venture-capital adviser rather than a broker-dealer. Current SEC IAPD records should be read separately from similarly named firms; do not map another 'Funds Club' broker-dealer to the consumer platform without direct evidence.	2026-09-11
Meridian (AngelList)	Accredited investors. Broad Meridian access requires completion and approval of the Meridian Investor Application; certain investors personally invited by a GP with a pre-existing substantive relationship can access the specific invited fund or SPV without completing the broader Meridian application.	No platform-wide Qualified Purchaser or Qualified Client requirement is documented for Meridian. Opportunity visibility and eligibility can be narrower based on the GP's audience settings, the investor's profile and other qualifications, and the governing documents for the specific fund or SPV.	Meridian's Investor Application asks how the investor qualifies as accredited, other relevant qualifications or professional experience, and private-market investing experience. Meridian uses that information to determine eligibility for broader access; investment onboarding can also require identity, KYC/AML and offering-specific information.	Offering-specific. The fund or deal lead sets the investor minimum; AngelList says some minimums may be as low as $1,000 and its general LP guideline is $1,000, but individual funds and deals may require more.	Open — Meridian currently displays venture funds and startup SPVs to eligible accredited investors, subject to each GP's publishing, audience and access controls. An investor will not necessarily see every active opportunity.	Venture capital and private-company exposure through startup SPVs and venture funds.	Private-market fund interests offered through deal-specific SPVs, venture funds and Rolling Funds. Rolling Funds use a series of quarterly pooled vehicles under a master Delaware limited partnership; SPV and venture-fund terms are deal- or fund-specific.	Self-directed opportunity selection — investors choose among eligible funds and SPVs surfaced through Meridian. The GP or fund manager manages the underlying vehicle and controls opportunity access; Meridian is not a discretionary managed portfolio for the investor.	$0 to access or use Meridian. Meridian and AngelList do not charge investors a platform-access fee merely to browse or use Meridian.	Opportunity-specific. A fund or SPV can charge management fees, carried interest and administrative or other vehicle expenses set by the GP and disclosed in the governing offering documents. Do not present one universal Meridian investment fee.	Illiquid private-market exposure. AngelList states venture funds are inherently illiquid; investors generally rely on portfolio-company exits and fund distributions rather than routine redemption or a public secondary market.	Product-specific. Venture funds can use binding capital commitments with later capital calls, while other funds may collect committed capital up front; SPV funding follows the terms of the specific vehicle. Do not treat every Meridian investment as having future capital calls.	No current Meridian-specific IRA or SDIRA investing workflow was identified in the official Meridian and AngelList investor materials reviewed September 11, 2026. Treat this as a dated research-status finding, not a permanent platform-wide 'No.'	Meridian is AngelList's current investor-facing private-markets brand, powered by AngelList infrastructure. Meridian's public disclosures state AngelList is not a registered broker-dealer, funding portal or investment adviser and that Meridian acts as a technology/information platform; transaction-specific regulated entities and offering documents control where separately identified.	2026-09-11
OurCrowd	Accredited or otherwise locally qualified investors, subject to the investor's country of residence and applicable law. U.S. opportunities are offered to verified accredited investors.	Certain OurCrowd opportunities are restricted to Qualified Purchasers, but Qualified-Purchaser status is not required for most OurCrowd investments. Higher qualification is therefore offering-specific.	For U.S. investors, OurCrowd can verify accreditation through income or net-worth documentation, qualifying professional-license evidence, or a third-party accreditation letter from an eligible professional. Current OurCrowd guidance states a third-party letter must be dated within the prior three months. KYC checks are also required.	No universal OurCrowd minimum. Startup Select commonly uses a $10,000 per-company reference; Portfolio Select requires $50,000 to open and starts allocations at $5,000 per company; fund investments retain their own fund-specific minimums.	Open — OurCrowd currently provides accredited investors access to funding startups and funds, with individual opportunities opening, filling and closing on their own schedules.	Venture capital and private-company exposure through individual startup investments, venture/private-market funds and diversified portfolio structures.	Accredited-investor private-markets platform using deal-specific and OurCrowd-managed investment vehicles for startup equity, venture funds, venture debt, private equity and other alternatives. Investors commonly own an interest in the applicable vehicle rather than appearing directly on a startup's cap table.	Both direct selection and pooled structures. Startup Select lets investors choose individual startups; funds are managed by their respective managers; Portfolio Reserve is pre-funded but preserves investor discretion to adjust or opt out of individual allocations.	No universal platform membership fee is documented for joining OurCrowd. Investment economics are vehicle-specific and should be read from the applicable startup/SPV, fund or portfolio documents.	Vehicle-specific. OurCrowd investments can charge management fees, carried interest and other fund/SPV expenses under the applicable documents. Do not revive an old universal '2% management fee plus 20% carry' statement as current platform-wide pricing.	No daily liquidity or guaranteed redemption. Private-company and fund investments can remain illiquid for years until an acquisition, IPO, secondary sale, distribution or other liquidity event; any secondary opportunity is not guaranteed.	Product-specific. OurCrowd fund investments can include unfunded commitments and future capital calls; the investor glossary explicitly tracks pending capital calls. Individual startup/SPV investments and pre-funded Portfolio Reserve structures use different funding mechanics.	Supported for eligible investments through self-directed IRA custody arrangements documented by OurCrowd. Custodian availability and the investment workflow should be confirmed for the specific opportunity at the time of investment.	OurCrowd provides global private-market investment access and states that it is not a broker, dealer or underwriter of securities. U.S. private offerings are structured under the applicable offering documents, including Regulation D / Rule 506(c) structures requiring accredited-investor verification; investors generally invest through SPV, fund or GP vehicles rather than buying exchange-traded shares.	2026-09-11
Percent	Accredited investors only, subject to applicable standards and verification. Separately managed accounts serve qualified accredited investors and institutions, and additional requirements may apply.	No platform-wide Qualified Purchaser or Qualified Client requirement is documented for Percent's current investor marketplace as of September 11, 2026. Accredited-investor status is the platform baseline; individual offering documents can impose additional restrictions.	Percent uses Parallel Passport / Parallel Markets for accredited-investor verification. Depending on the qualification method, verification can use income/tax documentation, net-worth records, a qualifying professional third-party letter, or a qualifying Series 7, 65 or 82 license and CRD information; Percent also performs separate identity/KYC verification.	Direct Investing minimum $500. Blended Notes minimum $5,000. Current public SMA materials do not establish a single universal retail minimum.	Open — accredited investors can browse live private-credit deals and use self-directed, Blended Note and managed/SMA structures; individual deals open and close as allocations fill.	Private credit, including asset-backed lending, corporate and specialty-finance credit, consumer-receivable financing, blended notes and managed private-credit portfolios.	Private-credit platform with separate legal roles: self-directed private placements are brokered through Percent Securities, LLC; managed private-credit portfolios are offered through SEC-registered Percent Advisors, LLC; and affiliated fund structures can use Percent Fund Advisors. Investors generally own private debt securities or pooled-note interests rather than the underlying borrower loans directly.	Both — investors can select individual private-credit deals themselves, use diversified Blended Notes, or use Percent-managed model/custom separately managed accounts.	Direct: 10% of coupon earned. Blended Notes: 1% annual management fee plus 10% of coupon. SMA: 1% of AUM plus 10% of gross coupon/returns. Secondary: 0.50% buyer and 0.50% seller of trade size.	Product-specific. Direct investments currently charge a servicing fee equal to 10% of coupon earned; managed products such as SMAs and Blended Notes can add a 1% annual management fee plus a 10% servicing fee on coupon payments. Offering documents control the exact economics.	A live Secondary Market launched publicly in 2026 after a late-2025 beta. It is not a registered ATS, trades do not auto-execute, indications are non-binding, not all deals qualify and liquidity is not guaranteed.	No universal platform-wide capital-call schedule is published for Percent’s standard direct, Blended Note or SMA products. Investors fund the selected investment or managed mandate; any additional funding obligation is governed by the specific product documents.	Supported through self-directed IRA custodians. Percent identifies partners including Alto, Forge Trust, Rocket Dollar and Strata and can consider other custodians case by case; Percent itself is not the IRA custodian.	Percent Securities, LLC (CRD 314782, SEC 8-70732, FINRA and SIPC member, broker-dealer since 2023); Percent Advisors, LLC (CRD 318890, SEC-registered investment adviser); affiliated exempt reporting adviser for applicable fund structures.	2026-09-11
Willow Wealth	Product-specific — many Willow Wealth private placements are intended for accredited investors, while evergreen funds and Willow 360 use their own eligibility rules. Eligibility must be confirmed for the specific investment rather than treated as one platform-wide accreditation rule.	Product-specific — Willow Wealth direct private offerings require accredited-investor eligibility. Individual offerings can impose stricter qualifications, including Qualified Purchaser status, when required by the applicable fund or offering documents. Qualified Purchaser status is not a platform-wide requirement for all Willow Wealth products.	Product/account-specific verification. Willow accepts third-party professional verification, income documentation, net-worth documentation, or a qualifying Series 7, 65 or 82 CRD for applicable accredited-investor accounts; trust and entity accounts follow their own documentation rules. Higher investor classifications can also be required for products whose governing documents impose them.	Direct investments typically begin at $5,000 with $1,000 increments (offering-specific); Willow 360 managed portfolios begin at $25,000.	Open — Willow Wealth currently offers evergreen funds, direct private-market opportunities, Short Term Notes and Willow 360 Managed Portfolios; individual opportunities open and close over time.	Private credit, private equity and real estate, plus specialized private-market strategies such as art and legal finance; exposure is delivered through product-specific funds, notes, individual opportunities or managed portfolios.	Private-markets investment platform operated under the Willow Wealth brand, formerly Yieldstreet, with product-specific legal roles. Willow Asset Management LLC is the affiliated SEC-registered adviser that manages Willow funds and Willow 360 managed portfolios; Willow Wealth Markets LLC is an affiliated SEC/FINRA/SIPC broker-dealer for applicable private-market activity; Willow Wealth also uses Atomic Brokerage with Pershing custody for certain managed-portfolio brokerage accounts. Direct offerings, managed portfolios and fund products retain their own governing documents and liquidity terms.	Both — Willow Wealth supports direct investing in individual opportunities and diversified evergreen funds, while Willow 360 provides a professionally managed portfolio that automatically allocates across private credit, real estate and private equity funds and handles ongoing rebalancing.	Willow 360: 1.25% annual advisory fee plus approximately 0.175% underlying expenses (approximately 1.425% combined headline cost before other underlying, transaction and offering-specific expenses). Individual offerings and third-party funds carry offering-specific economics disclosed in their own documents; no universal platform fee percentage applies.	Product-specific — direct private-market offerings can include offering-level fees, fund expenses, administration charges and carry or promote economics set in the governing documents. Third-party evergreen funds use manager-set expenses and can include a separate commitment fee. Keep these costs separate from Willow 360's own advisory and underlying-fund pricing.	Direct private offerings are highly illiquid with transfer restrictions and no guaranteed early exit. Third-party evergreen funds may offer periodic, limited liquidity that is offering-specific. Willow 360 restricts liquidity in the first year, then allows a liquidation election whose timing depends on the underlying funds. Willow Wealth Markets LLC supports an affiliated secondary market only for certain qualifying real-estate private-fund interests; there is no universal secondary market.	Product-specific — some private funds use committed capital and capital calls, with statements showing funded and unfunded commitments. Evergreen funds are designed to be fully deployed, while Willow 360 is funded up front and currently does not support additional contributions after the initial funding.	Supported for eligible investments through Equity Trust self-directed retirement accounts, including Traditional, Roth, SEP and SIMPLE IRAs. Willow currently states that Willow 360 and evergreen fund investments are not available inside these IRA accounts.	Willow Wealth Inc. owns Willow Asset Management LLC, an SEC-registered investment adviser, and Willow Wealth Markets LLC, an SEC-registered FINRA/SIPC broker-dealer. Willow 360 brokerage services are provided through Atomic Brokerage with Pershing providing custody/clearing as applicable; legal roles vary by product.	2026-09-11

Crowd Street

Accredited-investor requirement / investor eligibility: Yes
Higher investor classification or product-specific eligibility: Certain funds can require qualified client, qualified purchaser or offering-specific status
Accreditation / eligibility verification process: Accredited-investor verification is required before the Investing Account can be completed and before investing. Crowd Street can request documentation supporting the applicable accreditation method and separately performs identity/KYC/AML checks; current terms tie accreditation verification to Rule 506(c) offerings.
Minimum investment or commitment: 25000
Current new-investment availability: Open — Crowd Street currently lists live private-market offerings and states that it aims to launch multiple offerings each month; availability changes by individual offering or fund.
Alternative asset class / exposure: private equity, private credit, venture capital, commercial real estate, secondaries, real assets, diversified private-market funds
Investment / ownership structure: Both single-asset private placements and pooled funds or registered non-traded vehicles, depending on the offering.
Self-directed vs. managed / pooled investment model: Self-directed at the investor account level. Investors make their own purchase, hold, redemption, capital-call and voting decisions. CrowdStreet Advisors provides advisory services to private funds, not individualized investment advice to ordinary Marketplace users.
Base platform / management / advisory fee: Generally none for participating in an offering
Carry / incentive / promote / additional fee layers: Management, acquisition, disposition and asset-management fees, fund expenses, servicing costs, carried interest and promotes
Typical holding period / liquidity / secondary-market treatment: Private investments are generally illiquid. Private funds can offer periodic redemption or repurchase programs, but availability is vehicle-specific and can be restricted or suspended. There is no dependable secondary market.
Capital-call or additional-funding mechanics: Offering-specific. Some private-market investments can issue capital calls under their governing agreements. Investors decide whether to participate subject to the offering documents and potential consequences such as dilution or priority economics; Crowd Street Capital does not service post-placement capital calls.
IRA / SDIRA availability: Yes
Regulatory / broker / adviser / intermediary structure: Crowd Street Capital LLC - CRD 312762, FINRA member, SIPC member; acts as broker/placement agent for applicable private securities
Last fact checked: 2026-09-11

EnergyFunders

Accredited-investor requirement / investor eligibility: Accredited investors only under the platform's current U.S. private-fund model.
Higher investor classification or product-specific eligibility: No platform-wide Qualified Purchaser or Qualified Client requirement is documented in the current EnergyFunders materials reviewed September 11, 2026. Individual fund documents can impose additional investor qualifications.
Accreditation / eligibility verification process: EnergyFunders uses Parallel Markets to verify accreditation. Parallel collects the investor's supporting financial/personal documentation and sends EnergyFunders a verification letter; current EnergyFunders materials state the letter expires after 90 days and each investing entity must be verified separately.
Minimum investment or commitment: Product-specific. Current references include $50,000 for America First Energy Fund I and $5,000 for Bitcoin Discovery Fund I; older lower minimums must not be generalized across the current platform.
Current new-investment availability: Open on a fund-specific basis — EnergyFunders currently lists private-energy funds available to accredited investors, including oil-and-gas and bitcoin-mining-related strategies. Individual funds open and close on their own fundraising schedules.
Alternative asset class / exposure: Private energy investments, including oil-and-gas projects, drilling/working-interest strategies and bitcoin-mining infrastructure through private fund vehicles.
Investment / ownership structure: Accredited-investor private-energy platform offering Regulation D fund interests across oil and gas projects, working interests and bitcoin-mining infrastructure. EnergyFunders operates the platform, while unaffiliated Finalis Securities LLC provides the broker-dealer role for current securities offerings.
Self-directed vs. managed / pooled investment model: Investor-selected private funds; the investor chooses the fund, while EF Advisor or the applicable manager makes portfolio, disposition and distribution decisions for the fund or venture partnership under its governing documents.
Base platform / management / advisory fee: Fund-specific rather than one platform-wide fee. Current referenced EnergyFunders funds disclose a 2% annual assets-under-management fee, calculated under the applicable fund terms.
Carry / incentive / promote / additional fee layers: Fund-specific. Current fund materials can include tiered origination fees based on the investor's contribution and performance/promote economics after specified fund hurdles. Exact percentages and calculation bases must remain tied to the applicable fund documents rather than presented as one universal all-in fee.
Typical holding period / liquidity / secondary-market treatment: Private-fund liquidity. Current energy funds are designed for multi-year holding periods and do not provide daily trading or guaranteed redemptions; distributions and exits depend on the fund, underlying wells/projects, asset sales and governing documents.
Capital-call or additional-funding mechanics: No universal drawdown-style capital-call schedule is documented for the currently reviewed EnergyFunders products. After meeting a fund's initial minimum, current FAQ materials permit additional investments in the same fund/entity in smaller amounts; any mandatory future funding obligation is governed by the specific fund documents.
IRA / SDIRA availability: Supported for eligible investments through self-directed IRA arrangements and third-party retirement custodians identified by EnergyFunders, subject to the custodian and specific fund terms.
Regulatory / broker / adviser / intermediary structure: EnergyFunders, LLC operates the platform and is not a registered broker-dealer. Securities are offered through unaffiliated Finalis Securities LLC, a FINRA/SIPC member. EF Advisor LLC serves as the investment adviser/manager for applicable EnergyFunders private vehicles under their governing agreements.
Last fact checked: 2026-09-11

EquityMultiple

Accredited-investor requirement / investor eligibility: Yes
Higher investor classification or product-specific eligibility: Most EquityMultiple offerings are available to verified accredited investors, but EquityMultiple occasionally offers investments restricted to Qualified Purchasers. Qualified-Purchaser status is therefore offering-specific, not a platform-wide requirement.
Accreditation / eligibility verification process: EquityMultiple first attempts automatic accreditation verification for eligible individual investors using Windfall Data. If automatic verification is unavailable, investors can manually verify with an eligible third-party professional letter or another approved verification method; current help materials require manual professional letters to be dated within the prior 90 days.
Minimum investment or commitment: Offering-specific — EquityMultiple advertises access starting as low as $5,000, while many individual offerings have higher minimums. Do not treat the $5,000 starting point as the universal minimum for every direct deal or fund.
Current new-investment availability: Open — EquityMultiple currently presents short-term notes, commercial-real-estate income or debt strategies and direct CRE equity opportunities, while individual offerings open and close over time and full live inventory requires account access.
Alternative asset class / exposure: Both equity and debt — offerings span common equity, preferred equity and senior or mezzanine real-estate debt, plus real-estate funds.
Investment / ownership structure: Accredited-investor private commercial-real-estate platform offering direct transactions and funds across common equity, preferred equity and debt. Direct investments can be made through an EquityMultiple-managed LLC, a project-payment-dependent note or a sponsor-controlled SPV, while fund structures vary by fund; investors generally hold an interest in the investment vehicle rather than direct deeded ownership of the underlying property.
Self-directed vs. managed / pooled investment model: Position: Senior/real-estate debt; Main risk: Borrower/property default; Return source: Interest + principal repayment; Typical priority: Higher, Position: Preferred equity; Main risk: Sponsor/property underperformance; Return source: Preferred distributions + negotiated economics; Typical priority: Below debt, above common, Position: Common equity; Main risk: First-loss/residual risk; Return source: Cash flow + appreciation; Typical priority: Residual
Base platform / management / advisory fee: No separate platform membership fee is identified for opening or browsing an EquityMultiple account. Investment-level management, monitoring, fund, SPV and other expenses vary by offering; $0 platform membership does not mean the investments are fee-free.
Carry / incentive / promote / additional fee layers: Offering-specific — direct investments can include annual monitoring or servicing fees, origination or administrative expenses and, for some equity offerings, performance participation or promote. Fund and note products use their own disclosed fee structures, and some note products are described as having no investor fee.
Typical holding period / liquidity / secondary-market treatment: Private securities are restricted and highly illiquid. EquityMultiple's current FAQ states there is no current secondary market for restricted securities. Expected holding period runs until maturity, sale, refinance, liquidation or another offering-specific exit. Private transfers may be possible with restrictions and are not guaranteed. Fund redemptions are offering-specific; Ascent Income Fund redemption eligibility begins after one year under current terms.
Capital-call or additional-funding mechanics: Offering-specific. EquityMultiple states investors generally are not obligated to contribute additional capital, although some sponsors retain the legal right to request a capital call. Investors can usually decline, but non-participation can result in dilution or other consequences under the governing documents; many offerings prohibit capital calls entirely.
IRA / SDIRA availability: Supported through several self-directed IRA custodians; investors create an IRA investment account in the EquityMultiple portal and must still satisfy the platform’s accredited-investor requirement.
Regulatory / broker / adviser / intermediary structure: Broker-dealer-of-record and advisory roles are separate. Preserve the broker-dealer entity and status already stored in this canonical object. EM Advisor, LLC is a separate advisory entity; its SEC registration terminated May 1, 2026 and it now reports as an exempt reporting adviser. Neither broker nor adviser status protects investors from investment loss.
Last fact checked: 2026-09-11

FundersClub

Accredited-investor requirement / investor eligibility: Accredited investors only. FundersClub also supports eligible accredited entities after the underlying individual account is verified.
Higher investor classification or product-specific eligibility: No platform-wide Qualified Purchaser or Qualified Client requirement is documented in current FundersClub investor materials reviewed September 11, 2026. The governing documents for a particular fund can impose additional qualifications.
Accreditation / eligibility verification process: FundersClub requires investors to verify accredited status before investment access. Onboarding includes a brief accreditation survey and an investor qualification questionnaire in the legal documents; entity profiles can be created after the associated individual profile is verified.
Minimum investment or commitment: Fund minimums start around $3,000 per fund in current supplied materials, but the $3,000 figure is a starting reference rather than a universal minimum; individual venture funds can require more.
Current new-investment availability: Open — FundersClub currently describes available single-company and multi-company venture funds, with opportunities changing as new funds open and existing funds close.
Alternative asset class / exposure: Startup and private-company venture capital through funds that purchase private-company stock, convertible debt or other startup securities.
Investment / ownership structure: Accredited-investor venture access through private fund vehicles, including single-company and multi-company funds. Investors own interests in the fund vehicle rather than necessarily owning the underlying startup shares directly.
Self-directed vs. managed / pooled investment model: Self-directed fund selection with pooled management. Investors choose the individual FundersClub single-company or multi-company fund; the applicable FundersClub Partnership or third-party fund manager manages the underlying fund investment.
Base platform / management / advisory fee: No membership fee and no commission or transaction-based compensation for simply investing through FundersClub. Individual funds can charge their own management fees.
Carry / incentive / promote / additional fee layers: Fund-specific. Current FundersClub materials describe carry ranging from 1% to 30% and average annual management fees ranging from 0.25% to 3%, with typical terms around 20% carry and 0.5%–2% average annual management fees. Fund administrative costs are separately reserved for items such as filings, tax preparation and banking.
Typical holding period / liquidity / secondary-market treatment: No daily liquidity. Distributions generally depend on portfolio-company liquidity events and the applicable fund terms; venture investments can remain illiquid for many years and secondary transfer opportunities are not guaranteed.
Capital-call or additional-funding mechanics: FundersClub states that expected lifetime administrative costs are generally reserved up front with the intent of operating the fund to maturity without requiring additional investor capital beyond the initial investment. No universal later capital-call obligation is documented; the specific fund documents control.
IRA / SDIRA availability: Supported — FundersClub documents investing in listed startup opportunities through self-directed IRA accounts and identifies The Entrust Group as a retirement-account administration partner.
Regulatory / broker / adviser / intermediary structure: FundersClub Inc. operates as a venture-capital adviser rather than a broker-dealer. Current SEC IAPD records should be read separately from similarly named firms; do not map another 'Funds Club' broker-dealer to the consumer platform without direct evidence.
Last fact checked: 2026-09-11

Meridian (AngelList)

Accredited-investor requirement / investor eligibility: Accredited investors. Broad Meridian access requires completion and approval of the Meridian Investor Application; certain investors personally invited by a GP with a pre-existing substantive relationship can access the specific invited fund or SPV without completing the broader Meridian application.
Higher investor classification or product-specific eligibility: No platform-wide Qualified Purchaser or Qualified Client requirement is documented for Meridian. Opportunity visibility and eligibility can be narrower based on the GP's audience settings, the investor's profile and other qualifications, and the governing documents for the specific fund or SPV.
Accreditation / eligibility verification process: Meridian's Investor Application asks how the investor qualifies as accredited, other relevant qualifications or professional experience, and private-market investing experience. Meridian uses that information to determine eligibility for broader access; investment onboarding can also require identity, KYC/AML and offering-specific information.
Minimum investment or commitment: Offering-specific. The fund or deal lead sets the investor minimum; AngelList says some minimums may be as low as $1,000 and its general LP guideline is $1,000, but individual funds and deals may require more.
Current new-investment availability: Open — Meridian currently displays venture funds and startup SPVs to eligible accredited investors, subject to each GP's publishing, audience and access controls. An investor will not necessarily see every active opportunity.
Alternative asset class / exposure: Venture capital and private-company exposure through startup SPVs and venture funds.
Investment / ownership structure: Private-market fund interests offered through deal-specific SPVs, venture funds and Rolling Funds. Rolling Funds use a series of quarterly pooled vehicles under a master Delaware limited partnership; SPV and venture-fund terms are deal- or fund-specific.
Self-directed vs. managed / pooled investment model: Self-directed opportunity selection — investors choose among eligible funds and SPVs surfaced through Meridian. The GP or fund manager manages the underlying vehicle and controls opportunity access; Meridian is not a discretionary managed portfolio for the investor.
Base platform / management / advisory fee: $0 to access or use Meridian. Meridian and AngelList do not charge investors a platform-access fee merely to browse or use Meridian.
Carry / incentive / promote / additional fee layers: Opportunity-specific. A fund or SPV can charge management fees, carried interest and administrative or other vehicle expenses set by the GP and disclosed in the governing offering documents. Do not present one universal Meridian investment fee.
Typical holding period / liquidity / secondary-market treatment: Illiquid private-market exposure. AngelList states venture funds are inherently illiquid; investors generally rely on portfolio-company exits and fund distributions rather than routine redemption or a public secondary market.
Capital-call or additional-funding mechanics: Product-specific. Venture funds can use binding capital commitments with later capital calls, while other funds may collect committed capital up front; SPV funding follows the terms of the specific vehicle. Do not treat every Meridian investment as having future capital calls.
IRA / SDIRA availability: No current Meridian-specific IRA or SDIRA investing workflow was identified in the official Meridian and AngelList investor materials reviewed September 11, 2026. Treat this as a dated research-status finding, not a permanent platform-wide 'No.'
Regulatory / broker / adviser / intermediary structure: Meridian is AngelList's current investor-facing private-markets brand, powered by AngelList infrastructure. Meridian's public disclosures state AngelList is not a registered broker-dealer, funding portal or investment adviser and that Meridian acts as a technology/information platform; transaction-specific regulated entities and offering documents control where separately identified.
Last fact checked: 2026-09-11

OurCrowd

Accredited-investor requirement / investor eligibility: Accredited or otherwise locally qualified investors, subject to the investor's country of residence and applicable law. U.S. opportunities are offered to verified accredited investors.
Higher investor classification or product-specific eligibility: Certain OurCrowd opportunities are restricted to Qualified Purchasers, but Qualified-Purchaser status is not required for most OurCrowd investments. Higher qualification is therefore offering-specific.
Accreditation / eligibility verification process: For U.S. investors, OurCrowd can verify accreditation through income or net-worth documentation, qualifying professional-license evidence, or a third-party accreditation letter from an eligible professional. Current OurCrowd guidance states a third-party letter must be dated within the prior three months. KYC checks are also required.
Minimum investment or commitment: No universal OurCrowd minimum. Startup Select commonly uses a $10,000 per-company reference; Portfolio Select requires $50,000 to open and starts allocations at $5,000 per company; fund investments retain their own fund-specific minimums.
Current new-investment availability: Open — OurCrowd currently provides accredited investors access to funding startups and funds, with individual opportunities opening, filling and closing on their own schedules.
Alternative asset class / exposure: Venture capital and private-company exposure through individual startup investments, venture/private-market funds and diversified portfolio structures.
Investment / ownership structure: Accredited-investor private-markets platform using deal-specific and OurCrowd-managed investment vehicles for startup equity, venture funds, venture debt, private equity and other alternatives. Investors commonly own an interest in the applicable vehicle rather than appearing directly on a startup's cap table.
Self-directed vs. managed / pooled investment model: Both direct selection and pooled structures. Startup Select lets investors choose individual startups; funds are managed by their respective managers; Portfolio Reserve is pre-funded but preserves investor discretion to adjust or opt out of individual allocations.
Base platform / management / advisory fee: No universal platform membership fee is documented for joining OurCrowd. Investment economics are vehicle-specific and should be read from the applicable startup/SPV, fund or portfolio documents.
Carry / incentive / promote / additional fee layers: Vehicle-specific. OurCrowd investments can charge management fees, carried interest and other fund/SPV expenses under the applicable documents. Do not revive an old universal '2% management fee plus 20% carry' statement as current platform-wide pricing.
Typical holding period / liquidity / secondary-market treatment: No daily liquidity or guaranteed redemption. Private-company and fund investments can remain illiquid for years until an acquisition, IPO, secondary sale, distribution or other liquidity event; any secondary opportunity is not guaranteed.
Capital-call or additional-funding mechanics: Product-specific. OurCrowd fund investments can include unfunded commitments and future capital calls; the investor glossary explicitly tracks pending capital calls. Individual startup/SPV investments and pre-funded Portfolio Reserve structures use different funding mechanics.
IRA / SDIRA availability: Supported for eligible investments through self-directed IRA custody arrangements documented by OurCrowd. Custodian availability and the investment workflow should be confirmed for the specific opportunity at the time of investment.
Regulatory / broker / adviser / intermediary structure: OurCrowd provides global private-market investment access and states that it is not a broker, dealer or underwriter of securities. U.S. private offerings are structured under the applicable offering documents, including Regulation D / Rule 506(c) structures requiring accredited-investor verification; investors generally invest through SPV, fund or GP vehicles rather than buying exchange-traded shares.
Last fact checked: 2026-09-11

Percent

Accredited-investor requirement / investor eligibility: Accredited investors only, subject to applicable standards and verification. Separately managed accounts serve qualified accredited investors and institutions, and additional requirements may apply.
Higher investor classification or product-specific eligibility: No platform-wide Qualified Purchaser or Qualified Client requirement is documented for Percent's current investor marketplace as of September 11, 2026. Accredited-investor status is the platform baseline; individual offering documents can impose additional restrictions.
Accreditation / eligibility verification process: Percent uses Parallel Passport / Parallel Markets for accredited-investor verification. Depending on the qualification method, verification can use income/tax documentation, net-worth records, a qualifying professional third-party letter, or a qualifying Series 7, 65 or 82 license and CRD information; Percent also performs separate identity/KYC verification.
Minimum investment or commitment: Direct Investing minimum $500. Blended Notes minimum $5,000. Current public SMA materials do not establish a single universal retail minimum.
Current new-investment availability: Open — accredited investors can browse live private-credit deals and use self-directed, Blended Note and managed/SMA structures; individual deals open and close as allocations fill.
Alternative asset class / exposure: Private credit, including asset-backed lending, corporate and specialty-finance credit, consumer-receivable financing, blended notes and managed private-credit portfolios.
Investment / ownership structure: Private-credit platform with separate legal roles: self-directed private placements are brokered through Percent Securities, LLC; managed private-credit portfolios are offered through SEC-registered Percent Advisors, LLC; and affiliated fund structures can use Percent Fund Advisors. Investors generally own private debt securities or pooled-note interests rather than the underlying borrower loans directly.
Self-directed vs. managed / pooled investment model: Both — investors can select individual private-credit deals themselves, use diversified Blended Notes, or use Percent-managed model/custom separately managed accounts.
Base platform / management / advisory fee: Direct: 10% of coupon earned. Blended Notes: 1% annual management fee plus 10% of coupon. SMA: 1% of AUM plus 10% of gross coupon/returns. Secondary: 0.50% buyer and 0.50% seller of trade size.
Carry / incentive / promote / additional fee layers: Product-specific. Direct investments currently charge a servicing fee equal to 10% of coupon earned; managed products such as SMAs and Blended Notes can add a 1% annual management fee plus a 10% servicing fee on coupon payments. Offering documents control the exact economics.
Typical holding period / liquidity / secondary-market treatment: A live Secondary Market launched publicly in 2026 after a late-2025 beta. It is not a registered ATS, trades do not auto-execute, indications are non-binding, not all deals qualify and liquidity is not guaranteed.
Capital-call or additional-funding mechanics: No universal platform-wide capital-call schedule is published for Percent’s standard direct, Blended Note or SMA products. Investors fund the selected investment or managed mandate; any additional funding obligation is governed by the specific product documents.
IRA / SDIRA availability: Supported through self-directed IRA custodians. Percent identifies partners including Alto, Forge Trust, Rocket Dollar and Strata and can consider other custodians case by case; Percent itself is not the IRA custodian.
Regulatory / broker / adviser / intermediary structure: Percent Securities, LLC (CRD 314782, SEC 8-70732, FINRA and SIPC member, broker-dealer since 2023); Percent Advisors, LLC (CRD 318890, SEC-registered investment adviser); affiliated exempt reporting adviser for applicable fund structures.
Last fact checked: 2026-09-11

Willow Wealth

Accredited-investor requirement / investor eligibility: Product-specific — many Willow Wealth private placements are intended for accredited investors, while evergreen funds and Willow 360 use their own eligibility rules. Eligibility must be confirmed for the specific investment rather than treated as one platform-wide accreditation rule.
Higher investor classification or product-specific eligibility: Product-specific — Willow Wealth direct private offerings require accredited-investor eligibility. Individual offerings can impose stricter qualifications, including Qualified Purchaser status, when required by the applicable fund or offering documents. Qualified Purchaser status is not a platform-wide requirement for all Willow Wealth products.
Accreditation / eligibility verification process: Product/account-specific verification. Willow accepts third-party professional verification, income documentation, net-worth documentation, or a qualifying Series 7, 65 or 82 CRD for applicable accredited-investor accounts; trust and entity accounts follow their own documentation rules. Higher investor classifications can also be required for products whose governing documents impose them.
Minimum investment or commitment: Direct investments typically begin at $5,000 with $1,000 increments (offering-specific); Willow 360 managed portfolios begin at $25,000.
Current new-investment availability: Open — Willow Wealth currently offers evergreen funds, direct private-market opportunities, Short Term Notes and Willow 360 Managed Portfolios; individual opportunities open and close over time.
Alternative asset class / exposure: Private credit, private equity and real estate, plus specialized private-market strategies such as art and legal finance; exposure is delivered through product-specific funds, notes, individual opportunities or managed portfolios.
Investment / ownership structure: Private-markets investment platform operated under the Willow Wealth brand, formerly Yieldstreet, with product-specific legal roles. Willow Asset Management LLC is the affiliated SEC-registered adviser that manages Willow funds and Willow 360 managed portfolios; Willow Wealth Markets LLC is an affiliated SEC/FINRA/SIPC broker-dealer for applicable private-market activity; Willow Wealth also uses Atomic Brokerage with Pershing custody for certain managed-portfolio brokerage accounts. Direct offerings, managed portfolios and fund products retain their own governing documents and liquidity terms.
Self-directed vs. managed / pooled investment model: Both — Willow Wealth supports direct investing in individual opportunities and diversified evergreen funds, while Willow 360 provides a professionally managed portfolio that automatically allocates across private credit, real estate and private equity funds and handles ongoing rebalancing.
Base platform / management / advisory fee: Willow 360: 1.25% annual advisory fee plus approximately 0.175% underlying expenses (approximately 1.425% combined headline cost before other underlying, transaction and offering-specific expenses). Individual offerings and third-party funds carry offering-specific economics disclosed in their own documents; no universal platform fee percentage applies.
Carry / incentive / promote / additional fee layers: Product-specific — direct private-market offerings can include offering-level fees, fund expenses, administration charges and carry or promote economics set in the governing documents. Third-party evergreen funds use manager-set expenses and can include a separate commitment fee. Keep these costs separate from Willow 360's own advisory and underlying-fund pricing.
Typical holding period / liquidity / secondary-market treatment: Direct private offerings are highly illiquid with transfer restrictions and no guaranteed early exit. Third-party evergreen funds may offer periodic, limited liquidity that is offering-specific. Willow 360 restricts liquidity in the first year, then allows a liquidation election whose timing depends on the underlying funds. Willow Wealth Markets LLC supports an affiliated secondary market only for certain qualifying real-estate private-fund interests; there is no universal secondary market.
Capital-call or additional-funding mechanics: Product-specific — some private funds use committed capital and capital calls, with statements showing funded and unfunded commitments. Evergreen funds are designed to be fully deployed, while Willow 360 is funded up front and currently does not support additional contributions after the initial funding.
IRA / SDIRA availability: Supported for eligible investments through Equity Trust self-directed retirement accounts, including Traditional, Roth, SEP and SIMPLE IRAs. Willow currently states that Willow 360 and evergreen fund investments are not available inside these IRA accounts.
Regulatory / broker / adviser / intermediary structure: Willow Wealth Inc. owns Willow Asset Management LLC, an SEC-registered investment adviser, and Willow Wealth Markets LLC, an SEC-registered FINRA/SIPC broker-dealer. Willow 360 brokerage services are provided through Atomic Brokerage with Pershing providing custody/clearing as applicable; legal roles vary by product.
Last fact checked: 2026-09-11

Which platform fits which situation

Startup SPVs and venture funds

Meridian (AngelList)

Meridian is AngelList's current investor-facing private-markets brand and focuses on venture funds and startup SPVs. Broad access requires its accredited-investor application, while individual GPs still control which opportunities an investor can see.

Not a fit if: Not a fit if you want a single universal fee, minimum or capital-call structure across every opportunity.