Comparison
Rocketbook vs bunch
bunch is a Berlin-based fund operations platform for European private markets, covering administration, accounting and tax.
Learn more about bunch at www.bunch.capital.
How they compare
bunch and Rocketbook solve adjacent problems rather than the same one. bunch is an end-to-end fund operations platform for European private markets, covering administration, fund accounting and, since the launch of bunch tax, integrated tax and bookkeeping, with entities structured under European law such as a German GmbH or GmbH & Co. KG. Its published figures cover more than 500 investment structures for over 150 asset managers. Rocketbook is purpose-built for Delaware SPVs raising from globally distributed LPs. If you need European fund infrastructure, bunch is built for that; if you need a Delaware vehicle that non-US LPs can fund in their own currency, that is what Rocketbook does.
Feature comparison
| Feature | Rocketbook | bunch |
|---|---|---|
| Primary focus | Delaware SPVs for sponsors raising globally | Fund operations for European private markets |
| Entity types | Delaware LLC and LP | European structures including German GmbH and GmbH & Co. KG |
| Emerging-market LP funding | Native, with transparent FX before commitment | Not a stated focus |
| Fee model | Published per-SPV fees | Annual software fee charged to the SPV, per published help materials |
Choose Rocketbook when
- You need a Delaware vehicle because your portfolio companies are US-based
- Your LPs want to fund in local currency across the Gulf or Sub-Saharan Africa
- You are running deal-by-deal SPVs rather than administering a fund
- You want published per-SPV pricing rather than an annual platform fee
Choose bunch when
- You are a European fund manager who needs fund administration, accounting and tax in one place
- Your vehicles are European — a German GmbH or GmbH & Co. KG, or another EU structure
- Your investments and investor base are predominantly European
- You need multi-jurisdictional European regulatory reporting
See Rocketbook in action
Book a 30-minute demo and we'll show you the full SPV workflow side by side with bunch.