Avestor had 25 to 30 funds on platform one year ago
Badri Malinar · This SaaS For Fund Manager's Just Hit $40k of MRR charing a % of AUM Managed · Oct 12, 2023 · at 13:04
Avestor co-founder Badri Malinar discusses the company's annual customer growth trajectory with Nathan Latka.
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“We had less than I would say, 25 funds or so. So 25 or 30 funds about a year back.”
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More from Badri Malinar
Malinar: Private funds have nearly overtaken public markets in size
“Today, the private fund industry is almost overtaken the public markets. There are trillions.”
Malinar claims Avestor is the only customizable evergreen fund platform
“We are the only platform in the world which offers a customizable fund, and a customizable fund is an evergreen fund.”
95% of Avestor LPs prefer picking specific deals over blind pools
“What we have found is 95% of our investors really prefer to pick and choose which deals you want, which asset classes you want, which timeframe you want.”
Malinar claims Avestor has under 5% lifetime fund churn
“In fact, it's strange that you mentioned that we have probably the lowest amounts of churn, less than five percent for a SaaS business.”