DatAlign

DatAlign

DatAlign was launched in 2016 by Kevin Mahoney and Nishant Taneja, two former technology operators who identified an operational gap in the family-office market. The firm's core product is a cloud-based platform that aggregates data from custodians, banks, and alternative-asset managers into a single interface. It provides real-time performance reporting, cash-flow tracking, and compliance monitoring for family offices. The founders have described the software as purpose-built for firms managing complex portfolios with illiquid holdings, private equity stakes, and direct real estate. The company's technology stack handles multi-currency accounting, tax-lot tracking, and automated bill-of-holdings generation. Clients include single and multi-family offices, as well as RIAs serving ultra-high-net-worth families. DatAlign competes with legacy providers like Addepar and newer entrants such as AltX and Asset Vantage, but differentiates by focusing exclusively on the multi-family-office workflow. The firm has not disclosed client count or deployment figures, but has reported consistent revenue growth since 2020 (per the firm's website, 2024). DatAlign employs roughly 40 people across its New York headquarters and a satellite office. The company has raised at least $10M in venture funding from backers that include Cambrian Ventures and a group of family-office angels (per Crunchbase, 2023). In 2024, the firm released a compliance dashboard that integrates with the SEC's Form ADV filing system. No additional offices or philanthropic vehicles have been disclosed. The structural differentiator is DatAlign's decision to target the neglected middle tier of the family-office market — firms with $100M to $1B in assets that cannot justify the cost of a dedicated IT team or a custom-built system. By selling a SaaS product rather than a services engagement, the firm creates a scalable subscription model with recurring revenue.