Dynamo Pricing, Features, Reviews & Comparison of Alternatives

Dynamo

Investment management software

4.5/5 (8 reviews)

Dynamo overview

What is Dynamo?

Dynamo is an investment management software for private equity, hedge funds, funds of funds, and institutional investors, which supports industry-specific capabilities for managing fundraising, investor relations, and fund reporting, as well as manager due diligence, performance tracking, and more. Dynamo supports Microsoft Outlook and Office integration.

Dynamo supports a range of markets, including private equity, venture capital, real estate, and family offices, along with a number of solutions for deal management, fundraising and marketing, research management, investor relationship management, and more. Online portals give investors quick and secure access to their investment and fund performance data.

Other Dynamo features include portfolio monitoring, data collection and normalization, and compliance management. Dynamo tracks Reg D, Blue Sky, AIFMD, Form PF, GDPR compliance regulation data, and more. Dynamo has built connections with apps like Box, DropBox, and Preqin. Dynamo offers mobile access, giving users the flexibility to access and manage their data anytime, anywhere, via any smartphone or tablet device.
www.dynamosoftware.com

Pricing

Pricing options
Subscription
Free trial
Value for money
View Pricing Plans

Devices

Business size

S
M
L

Markets

United States, United Kingdom

Supported languages

English
Dynamo screenshot: Dynamo: ReportingDynamo screenshot: Dynamo: Multi-Panel ViewsDynamo screenshot: Dynamo: Interactive FormsDynamo screenshot: Dynamo: Graphical Representations

Dynamo reviews

Value for money
Features
Ease of use
Customer support
  4.4
  4.4
  4.6
  4.8
Lydia Yost

Dynamo - it's more than just a CRM!

Used daily for 2+ years
Reviewed 2020-04-30
Review Source: Capterra

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.

Pros
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.

Cons
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.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

Minimize review

Beth Gilje

Best LP Platform and Data Service Offering

Used daily for 2+ years
Reviewed 2020-05-06
Review Source: Capterra

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.

Pros
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.

Cons
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.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

Minimize review

Thomas Mokulehua

Dynamo/Preqin Review

Used weekly for 1-2 years
Reviewed 2020-03-30
Review Source: Capterra

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 .

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

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

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 6/10

Minimize review

Christie Philbrick-Wheaton

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

Used daily for 2+ years
Reviewed 2018-03-17
Review Source: Capterra

Pros
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.

Cons
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.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Minimize review

Jennifer Scalise

Product review

Used daily for 1-2 years
Reviewed 2020-05-06
Review Source: Capterra

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.

Pros
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.

Cons
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.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 9/10

Minimize review

Dynamo pricing

Pricing options
Subscription
Free trial
View Pricing Plans

Contact Dynamo for pricing information.

Dynamo features

API
Accounting Management
Compliance Management
Data Import/Export
Financial Analysis
Reporting & Statistics
Third Party Integration
Workflow Management

Accounting Integration (164 other apps)
Activity Dashboard (231 other apps)
Audit Trail (140 other apps)
Automatic Notifications (169 other apps)
Billing & Invoicing (187 other apps)
Customizable Reporting (172 other apps)
Electronic Payments (173 other apps)
Expense Tracking (164 other apps)
Invoice Management (235 other apps)
Invoice Processing (153 other apps)
Multi-Currency (166 other apps)
Real Time Data (147 other apps)

Security and privacy

Encryption

Encryption of sensitive data at rest
HTTPS for all pages

Access control

Multi-factor authentication options
This will ask you to sign in with LinkedIn

Additional information for Dynamo

Key features of Dynamo

  • Accounting Management
  • Alternative Asset Control
  • CRM Integration
  • Client Management
  • Compliance Management
  • Contact Management
  • Data Collection
  • Document Management
  • Fixed Asset Management
  • Fund Management
  • Investor Accounting
  • Investor Reporting
  • Manager Tracking & Due Diligence
  • Partnership Accounting
  • Performance Analysis
  • Portfolio Analysis
  • Portfolio Management
  • Workflow Management
View All Features