# Scout Funds

## Unlock new deal flow through scouts

### How it works

## Amplify your ecosystem

Run your scout program with a unique regulatory structure, white-glove account management, end-to-end support, and software designed specifically for scout fund administration.

1. **Onboard**  
   Seamlessly onboard 100+ scouts to your program with dedicated account management.

2. **Guide**  
   Maintain control over investment criteria with workflows configured to your directive.

3. **Network**  
   Build your community by engaging scouts, founders, and rising talent.

4. **Allocate**  
   Monitor performance and allocate budgets across scouts with a central dashboard.

### Key features

## Simplify running a scout program

- Delegate fund compliance  
- Streamline scout coordination  
- Outsource back-office operations

### Delegate fund compliance

Minimize overhead from legal and regulatory compliance requirements with the option to leverage the platform-advised fund structure. AngelList-approved third party entities can serve as the legal general partner and investment advisor to the fund.

### Streamline scout coordination

Your account manager serves as your scouts' operations lead, assisting with onboarding and investment workflows. Scouts can submit and close deals in their AngelList dashboard and track their investments on behalf of the fund.

### Outsource back-office operations

We coordinate all aspects of fund administration, including delivering all K-1s and tax documentation, completing transaction reviews, and providing unaudited financial reporting. Your firm and scouts can access documents through your dashboard.

### Advanced features

- **Outsourced advisory support**  
   AngelList-approved entities serve as the legal GP and investment advisor.

- **Flexible carry**  
   Carry pools, deal-by-deal, or scout-by-scout.

- **Budget allocation**  
   Scouts access budgets and invest through one login.

- **Real-time visibility**  
   View performance scout-by-scout or at the program level.

### Pricing

## Tailored for your scout fund

We partner with you to establish the right infrastructure, tailored to your scout program.

Select the ideal infrastructure:

- Fund administration  
- Dedicated account management  
- Fund accounting & taxes  
- Fund banking & wiring  
- GP sponsor dashboard  
- Valuation support  
- Scout dashboard  
- Fund formation

## Scale your scout network

Advance alongside other VC firms by cultivating new relationships through a scout program. Launch or scale your scout fund with AngelList.

### Resources

## News on Scout Funds

- [Chapter One Is Launching a New Kind of Scout Program](/content/blog/a-new-kind-of-scout-program/index.html)
- [Sequoia Capital’s Jess Lee On Working With Young Startups As Firm Raises New $195M Seed Fund](https://news.crunchbase.com/venture/sequoia-capitals-jess-lee-on-working-with-young-startups-as-firm-raises-new-195m-seed-fund/)
- [A peek inside Sequoia Capital's low-flying, wide-reaching scout program](https://techcrunch.com/2019/06/07/a-peek-inside-sequoia-capitals-low-flying-wide-reaching-scout-program/)
- [Powerset gives founders $1 million to invest in other startups](https://techcrunch.com/2025/01/14/powerset-gives-founders-1-million-to-invest-in-other-startups/)
- [Want to Mimic Sequoia’s “Scout” Program? Proceed with Caution](https://www.venturecapitaljournal.com/want-to-mimic-sequoias-scout-program-proceed-with-caution/)