Press Release

Repool Launches Turnkey Platform To Modernize The Antiquated Hedge Fund Industry

Posted on
Read time
3 minutes

Repool Launches Turnkey Platform To Modernize The Antiquated Hedge Fund Industry

SAN FRANCISCO, CA — June 29, 2022 — Repool, a Y Combinator S21 fintech, announced today that it has come out of beta testing and launched its fund-in-a-box and fund administration solutions to automate and simplify fund services for emerging managers.

Founded in 2021, Repool’s team has rapidly developed technology that allows aspiring emerging managers and existing firms alike to easily launch funds. The company shared that it raised a $3.7M seed round in the fall of 2021 and has used the financing to expand its core team with key hires across Engineering, Finance, Business Development, and Marketing. Notable firms such as Canaan, Matrix, and Global Founders Capital participated in the round, alongside angel investors including founders from Brex, Jeeves, Mercury, Flexport, Outschool, Pilot, and Forge, and executives from Goldman Sachs, Barclays, and Bank of America.

The startup has already launched more than a dozen funds with emerging managers keen for a partnership that simplifies an overwhelmingly intricate and time-consuming process. While traditional fund formation often takes several months to complete, Repool enables fund managers to be fully operational in just a matter of weeks.

“Launching a hedge fund is notoriously complex, expensive, and antiquated,” said Kevin Fu, Repool’s CEO and co-founder. “Aspiring managers are traditionally left to research, seek out, and manage multiple disparate vendors while navigating complex legal and regulatory hurdles as they go through the fractured process of setting up their fund over many months. We’re simplifying that process and democratizing access to private funds.” 

The company handles all aspects of fund launch from entity formation to legal documents, fund administration and accounting, compliance, brokerage set up, banking, and investor onboarding. Post-launch, Repool’s easy-to-use software enables fund managers to provide a seamless experience for investors interested in joining their fund. By automating these processes, Repool frees up a significant amount of time for fund managers to devote toward other aspects of fund management.

“We’ve built an end-to-end platform that makes the entire process of fund launch extremely simple for emerging managers,” said Justin Carrao, Repool’s CTO and co-founder. “We free them up to focus on value-add activities like strategy, execution, and fundraising.”

About Repool

Founded in 2021, Repool was designed to modernize, automate, and simplify the antiquated hedge fund industry. Its fund-in-a-box and fund administration solutions allow aspiring emerging managers and existing firms alike to easily launch funds. The company has offices in San Francisco and New York. To learn more about Repool visit

Read the full press release.

Interested in launching your fund quickly and easily?


Repool, Inc. (“Repool”) serves as an administrator to various pooled investment vehicles.  The content on this site, or any associated distribution platforms and public Repool online social media accounts, platforms, and site (collectively, “Distribution Channels”), is provided for information and discussion purposes only, and should not be construed as or relied upon in any manner as legal, business, tax, investment, or other advice. Repool’s services and information available on Distribution Channels are not a substitute for third-party professionals (including properly licensed and/or registered lawyers, brokers and tax professionals), and you should seek your own professional advisers, including legal counsel. Repool is not licensed to provide legal advice and is not registered as a broker-dealer or investment adviser, and Repool is not otherwise licensed or registered.

Any views expressed in posted content, such as articles, blogposts, commentary, videos, or social media, are those of individual Repool personnel or third-party authors and are not the views of Repool or our affiliates, unless explicitly stated otherwise. Additionally, with respect to any content or views available on Distribution Channels, Repool makes no representations that the information has been validated by independent, licensed third-parties, nor that such information has any enduring accuracy or appropriateness for any given individual or situation.

Laws and regulations applicable to the sale of securities, forming pooled investment vehicles (including private funds), and investment management (including serving as an investment adviser or commodity trading advisor) are complicated and occasionally ambiguous. Relevant law may come from the state, federal, or international level, and you may be under the regulatory oversight of one or many regulatory bodies such as, but not limited to, the Securities and Exchange Commission and the Commodity Futures Trading Commission. It is your responsibility to ensure that, when forming, offering interests of and managing any pooled investment vehicle, whether supported by Repool’s administrative services or not, you are in material compliance with applicable laws including obtaining any and all applicable licenses, permits, registrations, memberships, and approvals that are required in order to form, offer securities of and manage such pooled investment vehicle.  You should not rely upon Repool in making any such determinations or as a replacement for licensed, third-party professionals.

Rethink everything you know about fund services

© 2023. Repool, Inc.