Build a fund
worth backing.
Black Card is the premier incubator for emerging fund managers. Coaches in your asset class, a Launch Director, independent counsel and Fund Launch AI take you from idea to launch, with people at every step.




410+ funds launched by Black Card members✦

Lehi Capital
Written from your fund record


Everything to take your fund from idea to launch
- Full formation through a Preferred Law FirmLPA, PPM, subscription docs, IMA, GP and management agreements, Form D and EDGAR codes
- 1:1 advisor callsWith core coaches in your asset class, booked with your member credits
- Pro access to Fund Launch AI, with Builder and RaiseFund Builder scores 150+ decisions live. Raise agents aid your pipeline, data room and follow-ups
- Office hours, five days a week10+ small-group sessions every week, no booking
- Group coaching by asset classReal estate, venture, PE, private credit, hedge funds and crypto
- A dedicated Launch DirectorYour main point of contact from week one to launch
+ 7 more, including your pitch deck, member credits and the partner marketplace
- A phased launch roadmapSeven phases, each with an advisor call, office hours and a live score
- Your pitch deckWritten from your fund record, reviewed with specialists
- Private member SlackFund managers, investors and partners, every day
- 12,000 member credits a yearOne balance for 1:1 coaching calls and AI work. All 12,000 on day one if you pay in full; pro rata on the payment plan
- Fund economics modelNet IRR and net MOIC from your fees, carry and pref
- 50-partner marketplaceLegal, compliance, audit, tax, admin, banking and insurance, at member pricing
- Alt Street and Fund AcademyMasterclasses from operators, plus courses in the platform
Fund Launch LIVE bonusesIncluded
- AI Training DayDec 9 · Live, virtual
- Utah WorkshopJan 28–29 · Lehi
- Utah Jazz gameJan 28 · NBA, skybox
First 10 to joinBridger as one of your first coaches
$30,000
$25,000
Sign and pay here in about two minutes.
Better Than Money Back Guarantee: every dollar back, plus $5,000
Funds and firms built by Black Card members✦













Look inside
Real people building it with you. Cutting-edge software behind them.
Your Launch Director, coaches in your asset class and independent counsel work every step with you. Fund Launch AI does the heavy lifting, so their time goes to the decisions that matter.
PeopleMaddie, your Launch Director, and a champion coach on every step.
SoftwareA roadmap that knows what your fund needs next.


Call with JonTalk through your terms
Office hoursTerms & structure, Thursdays
Illustrative views of a fictional sample fund. Legal drafts require counsel review.
This is bigger than getting documents done
You want to look an investor in the eye and mean every word.
To explain your strategy without notes. To defend your fees, your pref and your structure. To hand over documents that hold up when someone reads them line by line.
Maybe you've done deals. Maybe you've raised on a deal or two. A fund is different: a structure, a set of terms, a stack of legal documents and a way of running the business, and investors will push on all of it.
You don't have to arrive with every answer. You need people who've built funds, a process that tells you what's next, and one record where every decision lives, so your deck and your documents say the same thing.
Your name is on the fund. You deserve a team in your corner.
From the Black Card community
What being supported has meant to our members.
Your core coaches
The better the software gets, the more your advisors matter.
Operators, investors and specialists in your asset class, booked right from your roadmap. Plus specialty coaches for tax, the pitch, real estate funds and capital raising.
Your Launch Director
Maddie DallimoreYour first call after you join. She maps your launch with you, books your first advisor call, and signs off on launch readiness before anything goes to counsel.

Community
The room you launch in.
1,800+ members✦ building funds across real estate, venture, private equity, credit and hedge strategies. Meetups across the country, member Slack every day, and 1 to 3 member events a year.
- Utah Workshop and a Utah Jazz NBA game, Jan 28–29, 2027
- Office hours five days a week
- Monthly meetups and member Slack
Everything included
The people and the tools. Now one membership.
The Black Card incubator and Fund Launch AI in one membership, with formation included.
The people
- 01Full formation through a Preferred Law FirmLPA, PPM, subscription docs, IMA, GP and management agreements, Form D and EDGAR codes
- 02A phased launch roadmapSeven phases, each with an advisor call, office hours and a live score
- 031:1 advisor callsWith core coaches in your asset class, booked with your member credits
- 04Group coaching by asset classReal estate, venture, PE, private credit, hedge funds and crypto
- 05Office hours, five days a week10+ small-group sessions every week, no booking
- 06A dedicated Launch DirectorYour main point of contact from week one to launch
- 07Your pitch deckWritten from your fund record, reviewed with specialists
- 08Private member SlackFund managers, investors and partners, every day
The tools
- 0912,000 member credits a yearOne balance for 1:1 coaching calls and AI work. All 12,000 on day one if you pay in full; pro rata on the payment plan
- 10Fund Launch AI and Fund Builder150+ decisions across six pillars, scored live
- 11Fund economics modelNet IRR and net MOIC from your fees, carry and pref
- 12Fund Launch RaisePipeline, dataroom and drafted follow-ups for your own raise
- 1350-partner marketplaceLegal, compliance, audit, tax, admin, banking and insurance, at member pricing
- 14Alt Street and Fund AcademyMasterclasses from operators, plus courses in the platform
A general comparison of common approaches, not a statement about any specific provider.

Fund Launch LIVE bonuses · join by Nov 20
Join now. Start 2027 ready to raise.
Build your fund, materials and data room in November and December, start your LP list in December, and kick off the year with us in Utah.
- First 10 to joinBridger as one of your first coachesA 1:1 with Bridger to work through your fund idea, your structure and your next steps.
- Dec 9 · live, virtualAI Training DayA full day building the agents Bridger uses in his own fund and raise.
- Jan 28–29, 2027 · LehiUtah WorkshopTwo days at Fund Launch HQ to start 2027 running.
- Jan 28, 2027 · Delta CenterUtah Jazz NBA gameJazz vs. Golden State, from the Black Card skybox.
What happens after you join
Your first 90 days, step by step.
Your onboarding call booked on day one, a roadmap from your kickoff, and two Fund Launch LIVE bonus events already on the calendar.
- TodayYou join
Sign and pay on this page. Your countersigned Purchase Order and receipt land in your inbox in minutes.
- Right after you joinBook your onboarding call
Pick a time with Maddie, your Launch Director, from the welcome page. Then you'll get an email to create your Fund Launch account and join the member Slack.
- Week 1Kickoff and your roadmap
On your onboarding call, Maddie maps the launch with you, sets your seven-phase roadmap and books your first advisor call in your asset class.
- Weeks 1 to 8Build the fund with your advisors
Work through Fund Builder with 1:1 calls, group coaching by asset class and office hours five days a week. Your deck and your documents come from the same record.
- Wed, Dec 9LIVE bonusAI Training Day
A full live day building the agents Bridger uses in his own fund and raise.
- Once $15,000 is paidFormation with counsel
A Preferred Law Firm reviews your documents, forms your GP, management company and fund, and files your Form D.
- Jan 28–29, 2027LIVE bonusUtah Workshop and a Utah Jazz NBA game
Two days at Fund Launch HQ in Lehi, and Jazz vs. Golden State from the Black Card skybox.
How the Fund Launch LIVE price works
The sooner you join, the more you save.
Your price is set the day you join. The offer ends Fri, Nov 20 at midnight MT.
Golden Ticket
Tue, Nov 10$20,000$10,000 off · First 100 to joinDay 2 price
Wed, Nov 11$23,000$7,000 offFund Launch LIVE price
Nov 12 to Nov 20 · today$25,000$5,000 offList price
After Nov 20$30,000No discountThe offer
Build your fund. Have people in your corner.
Everything to take your fund from idea to launch
- Full formation through a Preferred Law FirmLPA, PPM, subscription docs, IMA, GP and management agreements, Form D and EDGAR codes
- 1:1 advisor callsWith core coaches in your asset class, booked with your member credits
- Pro access to Fund Launch AI, with Builder and RaiseFund Builder scores 150+ decisions live. Raise agents aid your pipeline, data room and follow-ups
- Office hours, five days a week10+ small-group sessions every week, no booking
- Group coaching by asset classReal estate, venture, PE, private credit, hedge funds and crypto
- A dedicated Launch DirectorYour main point of contact from week one to launch
+ 7 more, including your pitch deck, member credits and the partner marketplace
- A phased launch roadmapSeven phases, each with an advisor call, office hours and a live score
- Your pitch deckWritten from your fund record, reviewed with specialists
- Private member SlackFund managers, investors and partners, every day
- 12,000 member credits a yearOne balance for 1:1 coaching calls and AI work. All 12,000 on day one if you pay in full; pro rata on the payment plan
- Fund economics modelNet IRR and net MOIC from your fees, carry and pref
- 50-partner marketplaceLegal, compliance, audit, tax, admin, banking and insurance, at member pricing
- Alt Street and Fund AcademyMasterclasses from operators, plus courses in the platform
Fund Launch LIVE bonusesIncluded
- AI Training DayDec 9 · Live, virtual
- Utah WorkshopJan 28–29 · Lehi
- Utah Jazz gameJan 28 · NBA, skybox
First 10 to joinBridger as one of your first coaches
$5,000 today
$25,000 total
Then $10,000 and $10,000 over the next two months. Member credits are pro rata: 2,400 today, the rest as you pay.
Sign and pay here in about two minutes.
Better Than Money Back Guarantee: every dollar back, plus $5,000
Better Than Money Back Guarantee
Do the work. If it isn't worth it, every dollar back, plus $5,000.
Most offers put the risk on you. Bridger puts it on us. Do these three things in your first 60 days. If you still don't feel Black Card was worth it, email [email protected] within 14 days after, and we refund every dollar you paid plus $5,000 for your time.
- 01Join and start your membership.
- 02Log in to the platform at least 5 minutes a day, every day, for your first 60 days.
- 03Take at least three 1:1 advisor calls in those 60 days.
You can also cancel within 14 days of joining for a full refund. The guarantee is written into your Purchase Order.
Formation, in detail
What's included in formation.
One US domestic, single-asset-class, blind-pool fund or syndication, reviewed and formed by an independent Preferred Law Firm. Formation starts once $15,000 is paid and counsel accepts the engagement.
Entities
- Fund LP, GP LLC and management company LLC
- EINs and a registered agent
- Initial Form D and EDGAR codes
Documents
- PPM and LPA
- Subscription agreement
- GP and management company operating agreements
- Investment management agreement
Not included
- State filings and fees
- Ongoing tax, audit, accounting and fund admin
- Offshore or multi-asset structures
How member credits work
Advisor time. Room to build.
Included with Black Card
12,000member credits a year · all on day one when you pay in full
Book coaching calls, work on your fund with AI, or use a mix of both.
One way to use your year
- 01 / Coaching550 credits per callOne-on-one time with an advisor in your asset class on your strategy, structure, pitch or next decision.
- 02 / AI workSmall, variable amountsUsage depends on the task. A simple AI message typically uses 0.1 to 0.5 credits; generating a new pitch deck uses about 3 to 4.
- 03 / Member perksOffice hours and events: includedJoin office hours five days a week and come to Fund Launch events at no extra cost. Neither uses your credits.
Pay in full and all 12,000 credits are yours on day one. On the payment plan, credits are pro rata to what you've paid: 2,400, then 4,800, then 4,800 with each payment.
Will I have someone to turn to?
Yes. Maddie, your Launch Director, is your first call and your main point of contact. Coaches in your asset class take 1:1 calls, and office hours run five days a week.
I only have an idea. Am I too early?
No. Most members start with a strategy and open questions. Your Launch Director maps the launch with you at kickoff, and Fund Builder shows what's decided and what isn't.
Does it work for syndications?
Yes. Black Card is for funds and syndications.
Do I still need a lawyer?
Formation is included. Your documents are drafted from your fund record, then an independent Preferred Law Firm reviews, changes and signs off, through Form D. Fund Launch is not a law firm.
Can AI replace an attorney?
No, and we don't pretend it can. Fund Launch AI drafts from your decisions so counsel starts from a complete record instead of a blank page. Counsel reviews and signs off.
Will I work with Bridger?
The first 10 people who join get Bridger as one of their first coaches, while spots last. Everyone sees him at events and group sessions, including the Utah Workshop.
What happens after I pay?
You book your onboarding call with your Launch Director right from the welcome page, then get an email to create your Fund Launch account and join the member Slack. You start in Fund Builder with your advisors right away. Formation with counsel starts once $15,000 of your membership is paid.
How do member credits work?
You get 12,000 member credits a year: one balance for 1:1 coaching calls (550 credits a call) and AI work. Office hours and Fund Launch events never use credits. Pay in full and they're all yours on day one. On the payment plan they're pro rata: they unlock in proportion to what you've paid.
Can I pay over time?
Yes. $5,000 today, then two monthly payments. Same membership, same bonuses, same guarantee.
What if I need time to decide?
You can join any time until Fri, Nov 20 at midnight MT. The price steps up at midnight MT on Nov 11 and again on Nov 12, so the sooner you join, the less you pay.
What if it isn't the right fit?
Cancel within 14 days of joining for a full refund. And the Better Than Money Back Guarantee covers your first 60 days.
Does Black Card guarantee I'll raise the fund?
No, and be wary of anyone who says otherwise. Fund Launch doesn't raise capital for members or introduce them to investors. Black Card helps you build a fund investors would want to back. The raise is yours to run.
“When you join Fund Launch, they will walk you through step by step, and it's worth the money.”
Scott McGrathMember*“Without a doubt the number one value of Fund Launch has been the caliber of people.”
Michael AririguzoMember*“The quality advice is really world class.”
Mike GriffithsMember*“Through the Fund Launch program, you really get the fundamentals.”
Justin RoopnarineMember*Take the next step. We'll take it with you.
$5,000 off: $25,000, or $5,000 today. Bonuses for anyone who joins by Nov 20. Better Than Money Back Guarantee.
✦ Results and reporting. Fund counts, member figures and client AUM come from Fund Launch materials, are unaudited and are not typical results. Client AUM is as reported by members and their funds. The funds-launched count is based on reporting from independent law firms to which Fund Launch refers clients; a Form D filing is not SEC approval. Fund Launch does not guarantee that anyone will form a fund, raise capital or achieve any particular result.
* Member experiences are exceptional and not reflective of what an average member may experience. Fund Launch does not track outcomes across all members, and you should not rely on any member's experience to predict your own.
Illustrative content. Product views on this page are examples and do not show any real member, fund or investor information.




