Who is this service for?

Alternative asset managers in multiple verticals, including hedge funds, funds of funds, private equity, venture capital, institutional investors, family offices and prime brokerages.

About Dynamo

Dynamo Software is a leader in the alternative investment ecosystem, providing an industry-tailored and highly configurable front-to-back office platform. Dynamo offers cloud-based investment management software to fund managers, asset owners, and associated service providers. With tailored solutions for both GPs and LPs, Dynamo streamlines investment operations across the whole firm. Solutions include deal management, investor relations, portfolio management, reporting, and research management.

Average rating 4.8/5

Total score
4.8
“Ease of use
4.7
User support
4.8
Features
4.5

Product details

Starting price:

1usd / per month
more about prices

Free trial:

Yes, get demo

Desktop & Mobile Platforms:

Cloud, SaaS, Internet

Training:

Documentation

Online

Support:

Working hours

Online

Software Developer

Dynamo Software
https://www.dynamosoftware.com/
Set up in 1998
United States

Features

Accounts Payable
Accounts Receivable
Activity Tracking
Asset Lifecycle Management
Bank Reconciliation
Budgeting/Forecasting
Compliance Management
Donor Management
General Ledger
Partnership Accounting
Purchasing & Receiving
Other categories uses in

Alternatives Dynamo


J
Joshua M.

«I Wouldn't Leave Home Without It»

Usability

Support

Features

5

Overall rating

Benefits:

Its cloud based architecture, coupled with intuitive design makes this a fantastic product for our needs.

Drawbacks:

It would be great if the product introduced a 'recycle bin' so any entities accidentally deleted could be easily restored.

In sum:

Overall, they are a fantastic company to work with. The support team, although based in Bulgaria, for the most part responds as though they were in the USA. We have been long time customers and grown along with Dynamo. The experience has been great.

September 27, 2021
Feedback source: the Internet
L
Lydia Y.

«Dynamo - it's more than just a CRM!»

Usability

Support

Features

5

Overall rating

Benefits:

We implemented Dynamo after years of our growing team being unable to 'find our stuff' on a network drive full of hundreds of folders that were poorly organized, named or maintained. Our team decided to start looking for a system to organize our data. That search started as a CRM system search and then evolved as we completed searches and demos to explore also portfolio management and reporting. Our reporting had solely been excel based and with significant history to store, we were tasking excel to serve essentially as a database. With each system/vendor we reviewed, the more capabilities we started to consider. Dynamo was appealing as it served to answer a number of challenges we were facing and because it was integrated, we weren't trying to fit a bunch of different systems/software together to make everything work nicely together.

Drawbacks:

Initially the reporting was less robust. This has changed dramatically and the reporting and dashboards are robust and dynamic. The shift from Tableau reporting to Power BI has really improved the quality of reporting.

In sum:

Our overall Dynamo experience has collaborative. We staged our implementation in phases starting with CRM first. We continue to deploy more & more features, explore modules and are constantly considering better ways to do our day to day tasks. Dynamo support has been good whether tackling our questions about best practices, helping to guide us on new features, provide training or answering our what if or how to questions. We have experienced good dialogue and partnership in addressing our concerns.

September 7, 2021
Feedback source: the Internet
J
John L.

«Dynamo review»

Usability

Support

Features

5

Overall rating

Benefits:

Relational database Document management The product is fairly easy to use and intuitive Dynamo integrates with Microsoft products fairly well

Drawbacks:

The interface could be more visually appealing Administration is not always intuitive

In sum:

Dynamo serves our purposes well

September 3, 2021
Feedback source: the Internet
M
Michael B.

«Dynamo Review»

Usability

Support

Features

5

Overall rating

Benefits:

The ability to customize the software to meet our companies needs has made gathering data and examining results much more more efficient.

Drawbacks:

The quick add feature not working on apple computers.

July 7, 2021
Feedback source: the Internet
L
Linda V.

«Dynamo Feedback»

Usability

Support

Features

5

Overall rating

Benefits:

Dynamo is an easy platform to learn and implement to others. I like that there are always positive changes to the system which makes the system more user friendly. Gives it a more cleaner and fresher look.

Drawbacks:

Integration was absolutely painless. The support system Dynamo offers is amazing, very helpful, fast in responding back and resolving all issues.

In sum:

We have been using Dynamo for the second time, second organization for over 10 years. I feel all employees at Dynamo are very versed in the platform, knowledgeable and are at your reach at any time.

June 24, 2021
Feedback source: the Internet
B
Beth G.

«Best LP Platform and Data Service Offering»

Usability

Support

Features

5

Overall rating

Benefits:

Dynamo Software is a one stop solution for LPs. It has a great CRM platform as well as a fantastic portfolio management solution. You don't need to worry about connecting two systems together.

Drawbacks:

Dynamo did not have a connector to administrators such as State Street. However, we worked with Dynamo to build a file transfer and now cash transactions and reconciliations with our administrator are automated.

In sum:

We really enjoy working with the Dynamo team. The team is very forward thinking and service oriented. We have collaborated with Dynamo a lot to build new features and functionality with the system. The team always communicates deadlines and assists in any way possible with implementation.

April 30, 2021
Feedback source: the Internet
J
Jennifer S.

«Product review»

Usability

Support

Features

5

Overall rating

Benefits:

There are several easy ways to get data in. Manual entry is easy and not time consuming. I love the many different ways data can be loaded into the database.

Drawbacks:

We are a firm that has clients with a lot of Transfers of Interest. This and the commitment/ownership are my biggest issues with the software. I would also say while it is my least favorite it is still way easier than our old system.

In sum:

Our experience with Dynamo has been exceptional. [SENSITIVE CONTENT HIDDEN] did a great job onboarding us and building some finds or reports on his own. The continued support has also been exceptional. It is nice to know that if we need help there is a team at Dynamo to continue with the help and support we need.

April 22, 2021
Feedback source: the Internet
C
Christie P.

«I used Dynamo at a previous employer and liked it so much I implemented it at GMF.»

Usability

Support

Features

5

Overall rating

Benefits:

I have used a few CRMs throughout my career and Dynamo is the most user friendly and easily customizable of the lot. Being able to create fields and views without having to submit service tickets is immensely valuable in a rapidly growing business. I have been able to build our Dynamo tenant to most accurately reflect our unique business model instead of shoehorning into a preset box.

Drawbacks:

Our business model employs a significant number of transfers within and across entities. This has been my biggest pain point as the transfer process continues to change. I would love to have a process by which we could transfer from Investor Account A in Fund X to Investor Account B in Fund Y in a single step.

April 4, 2021
Feedback source: the Internet
T
Thomas M.

«Dynamo/Preqin Review»

Usability

Support

Features

4

Overall rating

Benefits:

Centralized database. Designed to be the single source of truth on financials.

Drawbacks:

Difficulty in making changes to the excel upload template (customer support needed). Limited UI flexibility. Excel input to database.

In sum:

Customer support has been great. There is room to improve on ease of customization by the user, as well as, data upload alternatives to Excel. Customization on next iteration looks interesting .

February 7, 2021
Feedback source: the Internet
M
Mac W.

«Review»

Usability

Support

Features

5

Overall rating

Benefits:

The team was already using Dynamo when I came on. I find it easy to use. I can easily organize all fund and manager information into one place so I can easily find it.

Drawbacks:

It's small, but when I search for things, it always takes a few seconds to load the drop-down menu to select what I'm looking for. The AI add-in is frustrating because it will auto-relate entities that are not related to the activity I'm saving. For example, if the notes in the body of an activity mention something generic like a Bloomberg Barclays Index, it will auto-relate every contact in the system from both Bloomberg and Barclays even though the notes are not about either Bloomberg or Barclays.

January 10, 2021
Feedback source: the Internet