Perfona vs Selene

Perfona9.4Visit Selene8.9Visit

Higher score Perfona #1 in Fund Administration Software 9.4/10 14-day trial Free trial✓ 5 of 5 features Visit Perfona

vs

Selene #6 in Fund Administration Software 8.9/10 Pricing on request ✓ 5 of 5 features Visit Sciforn

• Perfona fits best

  Funds wanting transparent starting pricing

• Selene fits best

  Complex multi-level fund operations

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Side by side

Feature	Perfona 9.4/10 Visit ↗	Selene 8.9/10 Visit ↗
At a glance
Editor score	9.4	8.9
Ranking	#1 in Fund Administration Software	#6 in Fund Administration Software
Best for	Funds wanting transparent starting pricing	Complex multi-level fund operations
Pricing model	Paid	Paid
Starting price	$500/mo	Pricing on request
Free plan	—	Not checked yet
Free trial	14 days	—
Deployment	Cloud	Cloud, Self-hosted
Built for	Small business, Mid-market, Enterprise	Mid-market, Enterprise
Features Perfona 5/5 · Selene 5/5
Investor portal	✓	✓
Capital account tracking	✓	✓
NAV workflows	✓	✓
Allocation waterfalls	✓	✓
Capital call workflows	✓	✓
Specs
Investor limit	Not checked yet	Not checked yet
Our review
Pros	Real-time NAV, accounting, allocations, and waterfall workflows Investor portal includes onboarding, KYC/AML, statements, and reports RESTful APIs, SFTP, and third-party data feeds support integrations	Unified ABOR, IBOR and shadow books across fund operations Multi-level NAV, waterfalls, calls and distributions in one platform Investor, GP and auditor portals with performance reporting
Cons	No free plan is available Investor Technology starts at $1,500 per month The platform is tailored to alternative investment firms, not general accounting	Pricing is handled through contact sales and a live demo The broad feature set may exceed simpler fund administration needs Founded in 2021, Selene has a relatively short operating history
Our verdict	Perfona is a web-based fund administration platform for alternative investment firms, including hedge funds, private equity, real estate, credit, and hybrid funds. It brings together multi-asset, multi-currency accounting, general ledger… Read the review →	Selene is a fund operations platform from Sciforn for fund administrators, asset managers, insurers, private credit managers, general partners and family offices. It supports private equity, hedge funds, venture capital, private credit,… Read the review →

Strengths and trade-offs

• Perfona — where it wins

  • Real-time NAV, accounting, allocations, and waterfall workflows
  • Investor portal includes onboarding, KYC/AML, statements, and reports
  • RESTful APIs, SFTP, and third-party data feeds support integrations

  Where it doesn't

  • No free plan is available
  • Investor Technology starts at $1,500 per month
  • The platform is tailored to alternative investment firms, not general accounting

• Selene — where it wins

  • Unified ABOR, IBOR and shadow books across fund operations
  • Multi-level NAV, waterfalls, calls and distributions in one platform
  • Investor, GP and auditor portals with performance reporting

  Where it doesn't

  • Pricing is handled through contact sales and a live demo
  • The broad feature set may exceed simpler fund administration needs
  • Founded in 2021, Selene has a relatively short operating history

• Perfona9.4/10 · 14-day trial

  A broad fund administration system with transparent starting prices and a 14-day trial.

  Visit PerfonaFull verdict →
• Selene8.9/10 · Pricing on request

  A broad operating layer for complex fund structures, accounting, workflows and reporting.

  Visit ScifornFull verdict →