Perfona
Perfona: A broad fund administration system with transparent starting prices and a 14-day trial. Ranked #1 of 30 in Fund Administration Software by our editors (9.4/10); pricing: 14-day trial; best for funds wanting transparent starting pricing.
At a glance
- Editor score9.4 / 10
- Pricing14-day trial
- Best forFunds wanting transparent starting pricing
- Free planNo
- Paid from$500/mo
- Investor portalYes
- Founded2012 · Jericho, New York, United States
- Facts checked21 Sep 2026
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
Our verdict on Perfona
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 management, NAV processing, investor allocations, waterfall calculations, capital registry management, reconciliation, tax workflows, and investor reporting. Its investor portal supports onboarding, KYC/AML processes, subscription documents, statements, and reports. OpEff Technologies has offered the platform since 2012, and Perfona is available through web access and APIs.
Pricing is divided into functional plans. Fund Administration costs $650 per month and includes portfolio accounting, a real-time general ledger, pricing and valuations, NAV and performance, financial statements, and K-1 generation. Portfolio Technology costs $500 per month, covering portfolio accounting, dashboards, order management, cash, trades, holdings, NAV and performance, and data import/export. Investor Technology costs $1,500 per month and adds investor management, allocations, private equity waterfalls, capital account dashboards, investor statements, commitments, drawdowns, and distributions. The Full System plan includes a data warehouse, reconciliation system, online data room, third-party API integration, fund administration reconciliation, and customized hosting options. A 14-day trial is available, and there is no free plan.
The product’s main strength is breadth within fund operations. It connects accounting and NAV work with investor servicing, capital calls, fee calculations, tax preparation, automated K-1 workflows, reconciliation, data warehousing, and third-party data ingestion. RESTful and programmatic APIs, SFTP, and third-party data feeds support an existing operations ecosystem. That scope makes Perfona a fit for funds seeking one platform across finance and investor administration, especially where allocations, capital accounts, and waterfalls matter. Smaller organizations seeking a free tool, or teams needing only general accounting without fund-specific workflows, should look elsewhere. The strongest investor capabilities also sit in the higher-priced Investor Technology tier.
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Perfona pricing
All 4 Perfona plans and prices →
Perfona fact sheet
| Free plan | No |
|---|---|
| Paid from | $500/mo |
| Investor portal | Yes |
| Capital account tracking | Yes |
| NAV workflows | Yes |
| Allocation waterfalls | Yes |
| Capital call workflows | Yes |
| Investor limit | Not verified |
| Free trial | 14 days |
| Deployment | Cloud |
| Platforms | Web |
| Built for | Small business, Mid-market, Enterprise (editorial estimate) |
| Integrations | 3 integrations: SFTP, RESTful APIs, third-party data feeds |
| Pricing | 14-day trial (source) |
| Website | opeff.com |
| Facts checked | 21 Sep 2026 |
Perfona integrations
Perfona lists 3 integrations on its own site.
- SFTP
- RESTful APIs
- third-party data feeds
Alternatives to Perfona
- KeelA broad fund administration platform with a free plan and paid tiers for scaling managers.9.3
- Ashta.aiA broad fund-operations platform for teams managing complex investor and accounting workflows.9.2
- Carta Fund ManagementA fund administration suite combining accounting, investor workflows, analytics, and administrator support.9.1
See all Perfona alternatives →
Perfona vs the competition
- Perfona vs Keel
- Perfona vs Ashta.ai
- Perfona vs Carta Fund Management
- Perfona vs aama.io
- Perfona vs Selene
- Perfona vs Formidium
Compare Perfona with any tool side by side →
Also Ranked In
Perfona is ranked in 2 of our directories.
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Reviewed by iTechGuides Editors · Editorial team · Updated Oct 2026
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