The best Juniper Square alternatives for modern fund managers

To gain or maintain a competitive edge, general partners and firm leaders are seeking a modern approach to investor management software. They need a solution that reduces complexity without sacrificing capability, adapts to their needs, and automates effortlessly.

Most of all, they want a solution from a partner who is there to help them succeed — not just to sell them expensive software.

Many GPs, especially those who deal with commercial real estate, have considered or are currently using Juniper Square but have run into concerns around pricing, customer support, and complexity.

In this piece you’ll learn:

• Why firms are looking for an alternative to Juniper Square
• Top features to look for
• The best Juniper Square alternatives
• How to pick the solution that’s right for your firm

WealthBlock is one modern, streamlined solution well worth considering, especially for financial firms that find Juniper Square’s narrow focus limiting.

Why firms are searching for Juniper Square alternatives

While Juniper Square is a popular choice for fund administration (especially in commercial real estate), it isn’t right for everyone — and some current clients find themselves running into frustrating limitations. Rigid workflows, weak reporting, and a lack of personalization and customization all limit a firm’s effectiveness, leading many to seek out alternatives.

Common pain points with Juniper Square

Most of the common frustrations around Juniper Square deal with inflexibility and complexity. Where firms want high flexibility and low complexity, Juniper Square seems to deliver the opposite.

• High cost: Perceived cost is high, with lengthy time to value (17 months).
• Rigid workflows: Limited flexibility and customization.
• Complex implementation: G2 users report an average of three months for implementation.
• Weak reporting tools: Provides only generic reports, and one verified reviewer claims searching is “a nightmare.”
• Fund administration lock-in: Forces users to adopt one provider.

What today’s fund managers need instead

With these limitations it’s no wonder modern fund managers are looking for more. Key features to look for as you evaluate alternatives:

• Modern UX: Easy for your team, attractive for your asset managers and investors.
• Robust automation: Reduce errors, save time, and regain focus by automating repetitive tasks.
• Flexible fundraising tools: Choose an alternative that’s as flexible as you are.
• CRM integration: Seamless integration with your current CRM (or better yet, a built-in investor management system).
• Fast onboarding: Get up and running in days, not months.

Top features to look for in a Juniper Square alternative

Before we dive into the top alternatives to Juniper Square, let’s take a closer look at what really matters when switching platforms. These are the must-have features and capabilities for private equity, venture capital, and real estate investment firms.

Investor experience tools

We can’t overstate the value of investor experience — what it’s actually like for LPs to work with your firm. Aside from actual ROI, there’s no greater way to attract and retain investors.

What does a quality investor experience look like in 2025? Look for solutions that offer a fully customized, white-labeled investor portal, real-time reporting, and customizable dashboards.

Fundraising and capital call automation

Fundraising and capital calls are vital functions in venture capital, but they don’t have to monopolize your time. Look for Juniper Square alternatives that have digital capital call capabilities, automated workflows, and integrated payment processing. 

Integrated CRM and marketing automation

The best investor management platforms provide a well-rounded suite of features or even take an all-in-one approach, providing tools for the entire investor lifecycle. Look for solutions that build in an integrated CRM or investor relations management and marketing automation capabilities. 

While it’s always possible to get these capabilities through standalone products, a unified platform reduces friction throughout the investor relationship, especially with investor nurturing. 

Time -to value and support

Some solutions take months to implement and over a year to achieve time to value and require developer support for changes, scaling, or integration. Others have relatively easy onboarding and speedy implementation. 

For example, WealthBlock’s modular, no-code architecture greatly simplifies both implementation and expansion.

Related to time to value is the level of support the service provider includes. What happens when you aren’t realizing value, or when a feature isn’t performing as expected? A responsive support team can make all the difference.

The leading Juniper Square alternatives in 2025

Whether you’re jumping at the chance to make the switch or you’re merely surveying what else is out there, the curated list below provides you with short, balanced overviews of top alternatives for investment management software or deal flow management software.

WealthBlock

WealthBlock is a modern, AI-driven all-in-one investment management platform designed for the complete investor lifecycle. Built for private equity, venture capital, and real estate investors, WealthBlock performs flawlessly at everything from investor nurturing and onboarding to capital raising to document management and more post-close. It’s the ideal solution for general partners (GPs) who deal with investors both inside and outside real estate.

WealthBlock provides a highly customizable white-labeled investor portal for a strong investor experience, a robust customer relationship management (CRM) solution, powerful automation capabilities and a modern UX — all at a scalable and cost-effective rate.

One user puts it this way:

“Our collaboration with WealthBlock has been a transformative force in our client relationships.” -Jennifer Shields, Chief Organizational Officer at ET Capital Partners

Shields noted the impact of a perfectly brand-aligned portal, along with the ability to customize data reports, condensing large volumes of data into a user-friendly format.

Another user highlights the value of WealthBlock’s reporting tools to streamline operations throughout the back office while improving visibility for limited partners:

“WealthBlock has made it easier to manage investor reporting and distributions, saving us time while improving transparency.” -Tyler Van Schoonhoven, VP at Lakelet Capital

InvestNext

InvestNext is a real estate investor portal known for affordability, transparent pricing, and strength in automation. The platform also does a good job with fundraising support thanks to its white label investor portal. 

Built for scaling real estate funds, the platform is full of functions RE firms need, including investor accreditation, cap table management, and ACH payments.

Covercy

Covercy’s platform integrates banking with investment management, including an intuitive and easy-to-use distributions function. It integrates with property management software Rent Manager and leverages AI and automation to produce insights and reduce manual work.

However, like several others it is rather CRE-specific and lacks the flexibility of comparable platforms.

AppFolio Investment Manager

AppFolio Investment Manager is purpose-built for managing real estate operations, handling multiple functions (investor portal, CRM, reporting tools) in a unified system. The platform boasts strong customer support and gives real estate investors access to their details whenever they want them.

AppFolio Investment Manager users report an average implementation time of 2 months, with a full 18 months required to achieve return on investment. Despite this complexity, some verified user reviews complain of limited functionality or declare the platform not a good fit for private equity firms.

Agora

Agora is another real estate-focused platform, one with a different mix of capabilities. Tax solutions and bookkeeping operations exist alongside fundraising, CRM, payments, and more.

The platform includes fundraising capabilities including KYC/AML verification, data rooms, and more. However, the product seems perhaps overly focused on real estate investment management. Firms with broader needs may find Agora limiting.

How to choose the right platform for your firm

We’ve covered the top alternatives in Juniper Square’s category, so now there’s just one thing left to do: decide.

Use these three tips to narrow down your list and focus your search on the elements most important to your firm.

Define your team’s workflow and goals

We’ve given some wide-ranging advice about the features and capabilities that most first are looking for, but these vary in importance from firm to firm. And your firm may need specific capabilities that we haven’t listed. So take some time to assess what’s unique about your firm, what exactly your team needs.

Some questions to ask:

• What stage of growth are you in? 
• What kinds of expectations do your investors have?
• Which internal processes are in need of improving?
• Which internal processes are out of scope or not up for discussion?

Once you’ve worked through your specific goals and unique workflow needs, you’ll be able to evaluate competing solutions more thoroughly.

Consider total cost of ownership

Look past the sticker price. None of these solutions are cheap, but sticker price alone doesn’t tell the whole story.

You’ll also want to consider the costs of implementation. Will you need outside developer or engineering support? What kind of downtime or temporary loss of efficiency should you expect? What level of resource commitment does the provider expect? (It’s worth noting that employee time spent on platform migration is time not spent on investor-facing work.)  

Adopting a new platform could also increase your automation capabilities, which bring down the total cost of ownership over time. Consider these long-term savings as you do the math.

Evaluate onboarding, support, and integrations

Consider the onboarding experience and timeframe, what level of support you’ll enjoy, and whether the platform can integrate effectively with the rest of your tech stack. 

WealthBlock offers white-glove onboarding and hands-on support. And to kickstart the onboarding process, we can create a working first version within an hour while others need days or weeks. The platform’s modular architecture and API/webhooks make it easy to integrate as well.

Why WealthBlock is a smarter Juniper Square alternative

WealthBlock is the smart choice for financial firms looking to do more than just real estate. Its unique all-in-one yet modular approach delivers on two fronts. First, modular architecture lowers the barrier to entry, delivering a faster implementation and shorter time-to-value. At the same time, our all-in-one approach eliminates the complexity of juggling between a half-dozen different software tools. 

Users also love its modern design, powerful automation capabilities, and built-in CRM designed for investment firms. Support for digital fundraising and a top-tier support team keep you moving forward. WealthBlock is also highly scalable, ready to support your firm at every stage of growth.

Ready to move on from Juniper Square? Make the switch to WealthBlock today: Get started.