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Best Infra One Alternatives in 2026

#24 of 30 in Fund Administration Software

The top Infra One alternatives are Perfona, Keel and Ashta.ai: 15 fund administration software our editors would look at instead of Infra One, in our ranking order.

7.1/10Editor score
Infra One7.1 Visit Infra One

Infra One: A broad administration package for very small funds that want managed operational coverage. Where it falls short: starter is limited to 15 investors.

Switching from Infra One? For most fund administration software buyers the best Infra One alternative is Perfona, built for funds wanting transparent starting pricing. Keel has a free plan, which Infra One does not. Fundwave offers the most investor limit (100 investors).

Why People Look for an Infra One Alternative

  • Starter is limited to 15 investors
  • Pricing includes an annual fee plus a percentage of fund size
  • Access is through the web platform only
  • No free plan — 1 of the alternatives below has it
  • Investor limit: 15 investors — up to 100 investors with Fundwave

Quick Picks by What You Need

All 15 Infra One Alternatives, Ranked

Advertiser disclosure: iTechGuides is reader-supported. Vendors can pay for top positions in our rankings and for a place on other products' pages, and we may earn a commission when you click some links. Bought places stand at the number bought; this page and our disclosure say so. Paying vendors may get a fuller, more detailed review from our editors, and that review can change their score. How we rank.

  1. Perfona

    Best forFunds wanting transparent starting pricing

    • Better than Infra One:
    • Editor score 9.4 vs 7.1

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

    • NAV workflows
    • Allocation waterfalls
    • Investor portal
    14-day trial Our Perfona verdict → Visit Perfona
    9.4/10★★★★★
    Visit Perfona
  2. Keel

    Best forFunds prioritizing a free starting plan

    • Better than Infra One:
    • Free plan
    • Editor score 9.3 vs 7.1

    A broad fund administration platform with a free plan and paid tiers for scaling managers.

    • NAV workflows
    • Allocation waterfalls
    • Investor portal
    Free plan · 30-day trial Our Keel verdict → Visit Keel
    9.3/10★★★★★
    Visit Keel
  3. Ashta.ai

    Best forFull-service fund administration teams

    • Better than Infra One:
    • Editor score 9.2 vs 7.1

    A broad fund-operations platform for teams managing complex investor and accounting workflows.

    • NAV workflows
    • Allocation waterfalls
    • Investor portal
    Pricing on request Our Ashta.ai verdict → Visit Ashta.ai
    9.2/10★★★★★
    Visit Ashta.ai
  4. Best forEstablished funds needing administrator support

    • Better than Infra One:
    • Editor score 9.1 vs 7.1

    A fund administration suite combining accounting, investor workflows, analytics, and administrator support.

    • Allocation waterfalls
    • Investor portal
    • Capital account tracking
    9.1/10★★★★★
    Visit Carta
  5. aama.io

    Best forMobile-first fund managers and administrators

    • Better than Infra One:
    • Editor score 9.0 vs 7.1

    A mobile-first platform covering fund accounting, investor workflows, NAV, and SPV administration.

    • NAV workflows
    • Allocation waterfalls
    • Investor portal
    9.0/10★★★★☆
    Visit aama.io
  6. Selene

    Best forComplex multi-level fund operations

    • Better than Infra One:
    • Editor score 8.9 vs 7.1

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

    • NAV workflows
    • Allocation waterfalls
    • Investor portal
    Pricing on request Our Selene verdict → Visit Sciforn
    8.9/10★★★★☆
    Visit Sciforn
  7. Formidium

    Best forFunds needing integrated accounting and NAV

    • Better than Infra One:
    • Editor score 8.8 vs 7.1

    An integrated platform for fund accounting, NAV, investor workflows and back-office administration.

    • NAV workflows
    • Allocation waterfalls
    • Investor portal
    Pricing on request Our Formidium verdict → Visit Formidium
    8.8/10★★★★☆
    Visit Formidium
  8. Fundwave

    Best forFunds with up to 100 investors

    • Better than Infra One:
    • Investor limit: 100 investors vs 15 investors
    • Editor score 8.7 vs 7.1

    A broad fund-operations platform for teams managing up to 100 investors.

    • NAV workflows
    • Allocation waterfalls
    • Investor portal
    8.7/10★★★★☆
    Visit Fundwave
  9. Best forFunds needing broad accounting integrations

    • Better than Infra One:
    • Editor score 8.6 vs 7.1

    A broad private-equity administration platform with accounting integrations and sales-led pricing.

    • NAV workflows
    • Allocation waterfalls
    • Investor portal
    Pricing on request Our Relevant EquityWorks verdict → Visit site
    8.6/10★★★★☆
    Visit site
  10. fundflow

    Best forFunds needing reconciliation and liquidity analysis

    • Better than Infra One:
    • Editor score 8.5 vs 7.1

    Configurable fund-operations software for NAV, reconciliation, liquidity, and investor workflows.

    • NAV workflows
    • Allocation waterfalls
    • Investor portal
    Pricing on request Our fundflow verdict → Visit fundflow
    8.5/10★★★★☆
    Visit fundflow
  11. Ventari

    Best forAustralian fund and trust structures

    • Better than Infra One:
    • Editor score 8.4 vs 7.1

    A broad web platform for Australian and New Zealand fund operations.

    • Allocation waterfalls
    • Investor portal
    • Capital account tracking
    Pricing on request Our Ventari verdict → Visit Ventari
    8.4/10★★★★☆
    Visit Ventari
  12. Entrilia

    Best forComplex multi-entity fund structures

    • Better than Infra One:
    • Editor score 8.3 vs 7.1

    Fund administration for complex structures, allocations, reporting, and investor workflows.

    • Allocation waterfalls
    • Investor portal
    • Capital account tracking
    Pricing on request Our Entrilia verdict → Visit Entrilia
    8.3/10★★★★☆
    Visit Entrilia
  13. Ark

    Best forFunds wanting configurable reporting

    • Better than Infra One:
    • Editor score 8.2 vs 7.1

    A configurable platform for fund accounting, investor workflows, reporting, and capital operations.

    • Allocation waterfalls
    • Investor portal
    • Capital account tracking
    Pricing on request Our Ark verdict → Visit Ark
    8.2/10★★★★☆
    Visit Ark
  14. Caproom

    Best forFunds needing formation through administration

    • Better than Infra One:
    • Editor score 8.1 vs 7.1

    A broad fund administration platform with self-serve, assisted, and managed operating models.

    • NAV workflows
    • Allocation waterfalls
    • Investor portal
    Pricing on request Our Caproom verdict → Visit Caproom
    8.1/10★★★★☆
    Visit Caproom
  15. Basis

    Best forInternational investor operations

    • Better than Infra One:
    • Editor score 8.0 vs 7.1

    A broad administration platform for international private-fund investor operations.

    • NAV workflows
    • Investor portal
    • Capital account tracking
    Pricing on request Our Basis verdict → Visit Basis
    8.0/10★★★★☆
    Visit Basis

Infra One Alternatives: Common Questions

What is the best alternative to Infra One?

Perfona: #1 in our Fund Administration Software ranking, with an editor score of 9.4 out of 10. A broad fund administration system with transparent starting prices and a 14-day trial.

Is there a free alternative to Infra One?

Yes. Keel has a free plan or a free tier.

What is the cheapest paid alternative to Infra One?

Of the alternatives here that publish a price, Perfona starts lowest, at $500/mo.

Why do people look for Infra One alternatives?

Starter is limited to 15 investors; Pricing includes an annual fee plus a percentage of fund size; Access is through the web platform only.

Which Infra One alternative has the most investor limit?

Fundwave, with 100 investors.

How do I switch from Infra One?

Export your data from Infra One (most tools have an export in their settings). Sign up for the alternative; start on its free plan or trial if it has one. Import your export and set up the integrations your team relies on. Run both side by side for a short while, then cancel Infra One.

How to Switch from Infra One

  1. Export your data from Infra One (most tools have an export in their settings).
  2. Sign up for the alternative; start on its free plan or trial if it has one.
  3. Import your export and set up the integrations your team relies on.
  4. Run both side by side for a short while, then cancel Infra One.

Infra One vs Each Alternative

#ToolFree planPaid fromInvestor portalCapital account trackingNAV workflowsAllocation waterfallsCapital call workflowsScore
24Infra OneNo$3,500/yrYesYesYesYesYes7.1
1PerfonaNo$500/moYesYesYesYesYes9.4
2KeelYes$3,500/moYesYesYesYesYes9.3
3Ashta.aiNoYesYesYesYesYes9.2
4Carta Fund ManagementNoYesYesYesYes9.1
5aama.ioNo$625/moYesYesYesYesYes9.0
6SeleneYesYesYesYesYes8.9
7FormidiumYesYesYesYesYes8.8
8Fundwave$800/moYesYesYesYesYes8.7
9Relevant EquityWorksNoYesYesYesYesYes8.6
10fundflowYesYesYesYesYes8.5
11VentariYesYesYesYes8.4
12EntriliaYesYesYesYes8.3
13ArkYesYesYesYes8.2
14CaproomNoYesYesYesYesYes8.1
15BasisYesYesYesYes8.0

Reviewed by iTechGuides Editors · Editorial team · Updated Oct 2026

Last updated · How we research and update