# Parapet

Parapet is an Asset Manager based in New York, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** New York, United States
- **Region:** North America
- **Address:** New York, NY, United States
- **Founded:** 2017
- **Assets under management:** Undisclosed
- **Website:** parapetapp.com
- **LinkedIn:** https://www.linkedin.com/company/joinparapet

## Regulatory record

- **Reports private funds:** No

## About

Built for buildings to save.

## Sectors

- FinTech
- Enterprise Software

## Questions

### What does Parapet's platform actually do for fund managers?

Parapet automates the legal and operational steps required to form a private investment fund — entity structuring, subscription document execution, investor accreditation verification, KYC/AML checks, and ongoing compliance tracking. The platform generates limited partnership agreements from templates, processes capital calls and distributions, and maintains audit trails for regulatory filings. This replaces manual workflows that traditionally required coordination between external law firms, fund administrators, and in-house operations teams.

### Is Parapet a registered investment advisor or just a software vendor?

Parapet is an SEC-registered entity, which distinguishes it from generic software providers serving the financial industry. Its own regulatory status means the compliance infrastructure it sells is built by a firm operating under the same oversight framework as its asset manager clients. This structure embeds regulatory accountability into the product itself, rather than outsourcing compliance design to software engineers without fiduciary obligations.

## Related profiles

- [LoanTec](https://altss.com/profile/loantec)
- [RealPropti](https://altss.com/profile/realpropti)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/parapet

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