Best Database to Use While Raising Fund I VC, PE, or Independent Capital in 2025

Raising capital in 2025 looks very different from a decade ago. Institutional limited partners (LPs) have become more selective, family offices increasingly act like mini-endowments, and independent sponsors face rising competition from traditional funds. Whether you're launching your first venture capital (VC) fund, a private equity (PE) vehicle, or syndicating a deal as an independent sponsor, investor relations (IR) professionals know one truth: strong data leads to successful capital outcomes.

In this new era, a modern investor database isn’t just a support tool—it’s your strategic edge. The right LP intelligence platform gives you the power to identify, qualify, and engage investors with speed and relevance. But with dozens of tools on the market—from entrenched incumbents to modern challengers—how do you choose the right one?

This article compares top investor databases used by IR professionals and capital raisers in 2025—and shows why Altss is fast becoming the preferred solution for sourcing LPs in the alternative asset space.

Why LP Databases Are Mission-Critical in 2025

With fundraising timelines stretching and LP inboxes overflowing, the quality of your outreach is more important than quantity. Today’s top-performing IR teams must:

• Identify the right LPs, especially those backing emerging managers

• Understand each LP’s investment mandate, check size, sector focus, and timing

• Deliver personalized, data-driven messaging that resonates

High-quality investor databases must include:

• Real-time LP mandate tracking to ensure you contact LPs at the right moment

• Advanced segmentation and filtering by region, asset class, or thematic focus

• AI-powered enrichment and verification to maintain contact accuracy

• Cost-effective access for early-stage fund managers and independent sponsors

Critically:

• You must reach the right person. One wrong touchpoint can stall a deal. Gatekeepers often say “no” not because of fit, but because they lack authority—or willingness—to refer you. Warm intros aren’t always available. Altss gives you precision targeting, helping you connect directly with decision-makers empowered to act.

Let’s break down the major platforms and see how they compare.

Top LP Database Competitors

1. PitchBook

Strengths:

• Industry-leading coverage of PE, VC, M&A, and fund activity

• Deep historical data and trend analysis

• Global institutional adoption

Weaknesses:

• Expensive for emerging managers (~$25K+/year)

• Less useful for early-stage LP discovery

• Complex interface not optimized for fast outreach

Best For: Large PE/VC firms with internal data teams

2. Preqin

Strengths:

• Global coverage of institutional LPs and fund managers

• Detailed commitment and performance data

• Strong in infrastructure and private debt

Weaknesses:

• Data updates can be infrequent

• Navigation and search can feel outdated

• Enterprise pricing model limits accessibility

Best For: Institutional fundraising teams with global scope

3. Dakota Marketplace

Strengths:

• Created by fundraisers for fundraisers

• Good for U.S.-based LP introductions and event visibility

• Streamlined, user-friendly interface

Weaknesses:

• More focused on relationships than data depth

• Less dynamic on segmentation and mandate insights

Best For: IR teams prioritizing LP event engagement and institutional lead generation

4. Dealroom

Strengths:

• Excellent for tracking startups and venture ecosystems

• Great visualizations and innovation trend data

Weaknesses:

• Lacks LP focus

• Minimal data on family offices, mandates, or fund allocators

Best For: VC firms scouting startups, not LPs

5. Crunchbase Pro

Strengths:

• Simple, searchable UI

• Extensive data on founders, startups, and VCs

Weaknesses:

• Not purpose-built for capital raising

• Missing LP mandate, check size, and investment strategy data

Best For: Market scanning and research—not fundraising

Why Altss is the Best LP Database for 2025 Fundraisers

Altss is built exclusively for the alternative asset ecosystem—by professionals who’ve raised over $7B in capital. It provides all the tools investor relations professionals, emerging fund managers, and independent sponsors need to raise smarter, faster, and with more precision.

1. Verified LP Profiles

Gain access to 5,000+ verified LPs, including family offices, fund-of-funds, endowments, and foundations. Every profile is enriched using AI and OSINT methodologies.

2. Real-Time Mandate Intelligence (Beta)

Track active investment mandates and detect LPs currently allocating capital—ensuring outreach aligns with timing and strategy.

3. Custom Segmentation and Enrichment

Order tailored research on LPs by region, check size, asset class, or thematic interest. Delivered in under 48 hours.

4. Designed by Fundraisers

Built around actual GP workflows, not sales CRMs. Every feature supports the nuance and tempo of real-world capital raising.

5. Affordable, Flexible Pricing

Altss offers modern pricing tiers to fit solo GPs, boutique funds, and syndicate leads—not just large asset managers.

6. June 2025: Full-Stack Release

Altss will launch the most complete database of institutional investors, fund managers, and startups—merging LP sourcing, co-investment tracking, and startup intelligence into one powerhouse platform.

Final Thoughts

In 2025, raising capital means aligning with LP mandates in real time and building trust through intelligence. Generalist databases can’t deliver that. Altss empowers fund managers, IR professionals, and independent sponsors with verified data, mandate tracking, and unmatched LP visibility.

If you're fundraising in venture, private equity, private credit, or real assets—Altss is your competitive edge.

🔗 Learn more at www.altss.com