Hanover Park

Hanover Park is the first AI-native fund administration company - built from the ground up to modernize an industry that manages over $100 trillion in assets and has been underserved by technology for decades. Fund administration is the operational backbone of private markets. It's how funds track capital, calculate returns, manage investor reporting, handle distributions, and stay compliant. For years, this work has been done on legacy systems, manual spreadsheets, and outdated software that wasn't built for the complexity or scale of modern private markets. The result: slow turnaround times, high error rates, and ballooning headcount just to keep up. Hanover Park changes that. We built our platform with AI at the core - not as a feature bolted on after the fact, but as the foundation everything runs on. That means faster processing, fewer errors, and a fundamentally better experience for the funds and investors we serve. We currently administer $15B+ in assets and are scaling rapidly. Our team sits at the intersection of finance and technology - fund accountants, engineers, and operators who understand both the complexity of private markets and what it takes to build world-class software. We move fast, hold a high bar, and care deeply about getting it right. We're Series A, backed by Emergence Capital, Lux Capital, and Susa Ventures - investors who back category-defining companies at the earliest stages. Emergence's thesis is vertical AI, and they've seen this movie before: they were early in Veeva when it was a small team with a big idea about what software could do for a single industry. Veeva became a $40B company. We think fund administration is the next industry ripe for that kind of transformation. The people joining Hanover Park now aren't walking into a finished product. They're walking into the moment when everything gets built — the platform, the team, the culture, the category. If you want to do the most important work of your career in a market that actually matters, this is where you do it.