Antler Standardized Processes and Aligned Teams Across 10+ Offices for Seamless Fundraising

The Challenge - From Manual Processes to Global Expansion

In early 2019, Shalaka Uchil, excited to join Antler’s Capital Team, found that onboarding investors was still a “ridiculously manual process for a tech company.” She would print out hundreds of pages of fund subscription documents, set up dozens of in-person meetings to explain KYC requirements, and then book follow-up meetings to certify the requested documentation.

At first, this was manageable. But as their investment deals surged from 19 to over 1,000 in just a few years, Antler had to scale their fundraising efforts across different regions and it was clear they needed cutting-edge tech to keep up.

As the firm scaled, they first shifted to sending PDFs via DocuSign PowerForms. But the platform lacked the flexibility to adapt to new funds. Important data couldn’t be reused for future raises. Communication was scattered, spread across emails, links to secure drives, and manual trackers.

That’s when Antler found Anduin.

The Solution -  Anduin Streamlined Antler’s Investor Onboarding

Once Antler started using Anduin, the impact was immediate.

Hundreds of hours spent on tedious paperwork were eliminated.

Before Anduin, it took 45 minutes or longer to onboard a single investor. With Anduin, it took a third of the time. For a typical fund of 150 LPs, this meant hundreds of hours saved by removing paperwork.

To date, Anduin has helped Antler manage thousands of investor documents uploaded to the platform. With everything in one place, GPs no longer juggle documents and stakeholder emails; they no longer worry about tasks being behind schedule.

Antler’s internal stakeholders quickly bought into Anduin, especially after using Anduin in the final months of their UK fundraise. "That final close was bigger than any other close in our UK Fund,” Uchil recalls. “And I think that just showed the team how powerful the tool was and how much time it saved."

Anduin isn’t just a time-saver for Antler. It’s a better experience for their investors, too.

“With Anduin, there's minimal involvement with our LPs but in a good way,” explains Uchil. “We still maintain great relationships with our investors, but now they can complete the forms on their own, making everything more efficient and professional.”

Investors are guided through a dynamic electronic form that only shows them the questions that matter, resulting in:

• Not having to sift through bulky 100-page documents.
• Speeding up the form-filling process
• Improving form accuracy
• Investors only needing to fill the form once 90% of the time
• Easily bringing in legal counsel and fund admins to help
• Easy navigation of the system for less tech-savvy investors

Uchil knows it’s the top-notch investor experience that pays off in the long run.

“The investor experience matters a lot,” adds Uchil. “LPs remember their first fund experience, especially since we often raise another fund in three to four years. Getting it right the first time is key to bringing them back.”

Anduin is a trusted partner for complex, time-sensitive projects.

When Antler needed to move fast, Anduin matched their pace. “I remember emailing them on a Friday, needing to launch a fund within two weeks, and they were immediately on board,” said Uchil. “With other large players, we wouldn’t have had that flexibility.”

While timelines vary depending on a project’s complexity, Anduin’s commitment to aligning with Antler’s goals remains unwavering. “Anduin really understands how we work, which has been a game changer—especially since we’ve worked with the same dedicated team from the start.”

The Success - 600+ LPs, 17 Funds, and 30 Cities in Record Time

To date, Anduin has helped Antler onboard over 600 LPs across 17 different funds around the globe. As Antler grew, they expanded to 30 cities globally, including Austin, New York, London, Berlin, and Tokyo. Uchil played a big part in optimizing Antler’s fundraising processes, leading to her move to Antler’s Global Capital Team. Antler’s rapid growth is fueled in part by a standardized playbook built with Anduin for all their fund launches, resulting in much-needed consistency to processes, documents, and timelines.

Antler isn’t just solving today’s challenges—they’re looking 3-5 years into the future, reimagining how their back office and middle office operations can evolve. Today, Antler has already reused returning investor’s data to streamline future fundraises even more. And with Anduin working on integration with AffinityCRM, their tech stack will seamlessly connect.

Antler has crossed the $1B AUM threshold and is on track to back 6,000 startups by 2030. Thanks to Anduin, Antler can scale smoothly, standardize their fundraising process, and keep the focus where it matters most—building lasting investor relationships.