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Hanover Park

AI-native fund operating system for managers

Founding Account Executive

Full-Time
No salary listed
Junior
New York, NY, USA
In Person
Sales & Account ManagementAccount Executive

About the job

Requirements
  • Fluency with how investment firms operate, including funds, general partners, limited partners, capital calls, distributions, and net asset value; likely gained as an investment banker or private equity associate.
  • At least 2 years of experience closing complex business-to-business deals, ideally with financial services buyers such as fund administration, financial technology, accounting software, enterprise resource planning, or vertical software as a service companies.
  • A track record of being the top performer on a small team.
  • High ownership and the ability to independently determine next steps without waiting for a deal review.
  • Comfort selling alongside a founder and preparing rigorously for conversations with customers' chief financial officers.
Responsibilities
  • Close inbound demand from venture capital, private equity, and private credit general partners, ranging from emerging managers to multi-billion-dollar platforms.
  • Build a repeatable outbound motion by developing relationships with important chief financial officers in venture capital, private equity, and private credit.
  • Run the full sales cycle, including discovery, product demonstrations, technical deep-dives with chief financial officers, pricing, contracts, signatures, and handoff to onboarding.
  • Take over live deals from the chief executive officer and build the sales playbook so future account executives can ramp quickly.
  • Own a meaningful revenue quota against the existing pipeline.
  • Partner directly with product and engineering to determine whether prospect-requested functionality should ship immediately or not at all.
  • Demonstrate the product, scope solutions, close deals, and own the process without support from sales development representatives, a deal desk, or a solutions engineer.
Desired Qualifications
  • Experience selling into private markets, including fund administration, portfolio monitoring, limited partner reporting, or general partner technology.
  • Founding or first-five go-to-market experience at a Seed-to-Series B startup.
  • Existing relationships with venture capital, private equity, or private credit general partners and their chief financial officers or chief operating officers.

About the company

Hanover Park offers an AI-native operating system for fund managers that unifies fund administration, portfolio management, and the LP experience in one platform. It replaces siloed tools like QuickBooks and Excel with real-time fund metrics, automated financial reporting, capital call and distribution management, KPI tracking, and waterfall modeling. An AI assistant lets users query portfolio data such as co-investor details and founder updates. Its goal is to help institutional-grade firms like VC, PE, private credit, family offices, and funds of funds operate more efficiently and make better decisions.

Company Size

1-10

Company Stage

Series A

Total Funding

$27M

Headquarters

New York City, New York

Founded

N/A

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Simplify Jobs

Simplify's Take

What believers are saying

  • March 2026 Series A from Emergence, Lux, and Susa funds aggressive expansion.
  • Assets under administration jumped from $1B to $15B, then $40B by October 2026.
  • Portfolio intelligence and KPI collection reduce spreadsheet friction for PE and VC teams.

What critics are saying

  • Carta and SS&C already offer AI-enabled fund administration, portals, and waterfalls in 2026.
  • Hanover Park depends on manual CPA review; scaling errors or staffing gaps will slow closes.
  • If one major fund leaves after onboarding, the AI-native service model loses credibility fast.

What makes Hanover Park unique

  • Hanover Park built its own ledger, waterfall engine, portal, and portfolio stack in 2026.
  • AI-native workflow blends software and services, with CPAs reviewing outputs and checks.
  • Migrating Conviction in under seven days shows unusually fast implementation for fund ops.

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Company News

WFMZ-TV
Mar 19th, 2026
Hanover Park Raises $27M Series A to Replace the Financial Infrastructure Behind $100 Trillion in Global Assets

The AI-native fund administrator grew from $1B to $15B in assets under administration in under 12 months

GlobeNewswire
Mar 18th, 2026
Hanover Park raises $27M Series A to replace the financial infrastructure behind $100 trillion in global assets.

Hanover Park raises $27M Series A to replace the financial infrastructure behind $100 trillion in global assets. The AI-native fund administrator grew from $1B to $15B in assets under administration in under 12 months. March 18, 2026 16:37 ET | Source: Hanover Park NEW YORK, March 18, 2026 (GLOBE NEWSWIRE) - Hanover Park, the AI-native fund administrator for private equity and venture capital, today announced a $27 million Series A led by Emergence Capital (the first institutional investor in Salesforce and Zoom), with participation from Lux Capital and Susa Ventures. Fund administration powers over $100 trillion in global assets, yet the industry still runs on spreadsheets and human duct tape. Data is scattered and stale. Books take weeks to close. Basic questions about your own fund take days to answer. Hanover Park is the first AI-native company attacking this market, combining software and services into one platform rather than selling another SaaS tool that doesn't solve the whole problem. The company built its general ledger, waterfall engine, investor portal, and portfolio management layer from scratch: one source of truth for every fund. AI agents read emails, propose journal entries, and extract portfolio updates in seconds. Expert fund accountants review every output. AI prepares. Humans verify. "Every fund CFO keeps getting asked: how will you adopt AI?" said Chris Hladczuk, CEO and co-founder of Hanover Park. "Now they have an answer. We built the entire operating system and wrapped it in AI that works, with CPAs checking every output, allowing you to run your firm in real time." In the past year, Hanover Park has grown from $1 billion to $15 billion in assets under administration, serving a growing roster of PE and VC firms that demand institutional-grade accuracy at modern speed. "Most companies are still trying to bolt AI onto legacy workflows. Hanover Park represents a different model entirely: an AI-native service that owns the result end-to-end," said Jake Saper, General Partner at Emergence Capital. "This shift from selling tools to delivering outcomes will define the next generation of category leaders." With the new capital, Hanover Park will expand its platform, grow its team, and bring AI-native fund administration to more of the world's leading PE and VC firms. About Hanover Park Hanover Park is the AI-native fund administrator for private equity and venture capital. Its vertically integrated platform combines fund administration, portfolio management, and an LP portal into a single system that delivers institutional-grade accuracy, speed, and decision advantage. Headquartered in New York, Hanover Park administers $15 billion in assets for leading investment firms. Learn more at hanoverpark.com.

Traders Union
Mar 18th, 2026
Hanover Park raises $27M Series A for AI-native services and financial technology innovation

Turner Novak has revealed details of Hanover Park's $27 million Series A funding round in a podcast episode featuring Chris Hlad. The discussion covers the company's AI-native services business model and customer engagement strategies. Hanover Park built a general ledger from scratch, enabling it to develop advanced AI products for investment firms. The episode explores innovation in AI services and financial technology, highlighting how the company's approach aligns with broader venture capital trends in artificial intelligence. The funding reflects continued investor interest in AI-driven enterprises, particularly those offering specialised solutions for financial services sectors.