To catch up with the modern business world and the dynamic landscape of startup investing, VCs need to up their technology. To make this process easier, we have already covered all the reasons as to why a well-structured VC stack is necessary for more efficient deal-making and fund administration. We explored leading platforms for VC fund management, reporting and investor relations, as well as data rooms.
This time we are going to look at the industry-leading platforms for portfolio management. With the use of these tools, investors can track all of their investments from one place. It includes not only information about each portfolio company such as funding rounds, ownership percentages, valuation history, and key contacts but also the key performance indicators and data on their financial health. It’s also worth noting that portfolio management is often just one of the many features of the more complex software dedicated to venture capitalists. Most of the applications in the list below offer even more solutions for comprehensive fund management.
Best Portfolio Management Tools for VC Funds:
- Carta
- Vestberry
- Airtable
- Fundwave
- Edda
- Rundit
- Totem VC
- Chronograph
- Allvue Systems
- Odin
- Cobalt
- Tactyc
- Venture360
- Fundrbird
So without further ado, let's discover the top portfolio management platforms, necessary in an optimized and functional VC tech stack.
Carta
Carta, formerly known as eShares, is a leading ownership and equity management platform utilized by venture capital firms to streamline their back-office operations and effectively manage their portfolios, cap tables, and equity plans. The platform integrates live cap table data and current company valuations, enabling VCs to share real-time information with their limited partners (LPs) while reducing manual data entry. It's a versatile tool for both companies and investors in the private markets to comprehensively manage their portfolios.
Vestberry
Vestberry is portfolio management and reporting software designed for investment funds. It streamlines internal processes, provides data clarity, and enables faster and better investment decisions. Features include automated workflows, advanced analytics, portfolio monitoring, LP communication, cap table management, and data integrations. Vestberry offers a competitive advantage by attracting data-oriented investors and simplifying quarterly LP reporting.
Airtable
Airtable is a relational database platform that has many functionalities and built-in templates - it can be used not only as a portfolio management solution but as a whole CRM. It serves as a comprehensive solution for building connected apps, enabling teams to collaborate and share data effectively across the organization. With Airtable, VC firms can easily track fund performance, store portfolio company information, and handle various other data management tasks, all from a centralized location
Fundwave
Fundwave is an end-to-end software solution for PE and VC funds to manage all of their operations from one place. It provides functionalities for efficient and automated fund administration, investor allocations and reporting as well as extensive portfolio management features. GPs can manage their investments and streamline KPI tracking, increasing deal flow through a streamlined evaluation process of going through all prospective deals. And additionally, thanks to an Investor Portal, LPs can also access up-to-date and secured data.
Edda
Edda is an all-in-one platform for professional investors, combining deal flow, portfolio management, and LP management. It simplifies administrative tasks and automates reporting. With real-time updates, investors can track investments, communicate with founders, and generate data-rich reports to keep LPs informed and satisfied. Edda provides insights into valuations, performance, and investment focus and offers a streamlined interface and efficient tools for better decision-making and investment management.
Rundit
Rundit is a portfolio management platform designed to enhance productivity and transparency for venture capital, private equity, and startup teams. It offers a centralized dashboard to monitor and gain valuable insights into portfolio company performance. Users can generate personalized dashboards, export structured Excel outputs, and create interactive fund reports with tear sheets for each portfolio company. With features like automated reminders, Google integration, and comprehensive portfolio management capabilities, Rundit empowers users to streamline their investment processes and deliver impactful reports to stakeholders.
Totem VC
Totem VC is a powerful fund operating system designed to streamline and institutionalize fund operations for venture capital firms. With its comprehensive suite of features, Totem supports fund managers throughout the investment lifecycle, including deal flow management, portfolio tracking, data collection, and LP reporting. The portfolio management tools offer features such as cap table management, automated IRR calculations, and customizable summaries to provide a clear overview of portfolio performance. It also allows integration with Excel and Sheets for seamless data management.
Chronograph
Chronograph is the leading solution for portfolio monitoring in the private equity industry. Designed for both LPs and GPs, it offers cloud-based tools to streamline data management, reporting, and analysis. LPs can consolidate diverse sources of data to gain a complete view of private capital performance, while GPs benefit from automated data collection, reporting, and analytics. With Chronograph, investors can unlock valuable insights, optimize processes, and make informed decisions in private equity, private credit, venture capital, and real assets.
Allvue Systems
Allvue markets itself as software for the entire investment lifecycle, intending to help their clients make better investment decisions, enable deeper relationships with their investors and prospects, and improve access to information. They facilitate capital raising through an investment management platform - with features such as portfolio management, pipeline and research management, compliance, portfolio and fund performance monitoring, performance attribution, fund finances and business intelligence. On top of that, a back office with accounting functionalities and an investor portal is also included in this solution.
Odin
Odin is an investment marketplace and a social platform where communities of investors can co-invest together in syndicates and venture funds led by experienced angels and other VCs. Community members can invest in startups and access extensive curated databases of investors & content. With Odin investors can easily submit a deal, and get custom syndicate agreements and entity formation. After the deal goes live, they can collect funds and the platform deals with all the essential steps - SPV creation, investor onboarding, KYC/AML, investor sophistication and accreditation. Odin also offers features such as portfolio management through digital documentation, SPV / syndicate administration, and many other legal, regulatory and banking features, which allows investors to clear their plates and focus only on making deals.
Cobalt
Cobalt GP offers comprehensive software solutions for private equity and venture capital firms, encompassing portfolio management, investor relations, and benchmarking. Through their intuitive platform, investors can seamlessly collect, analyze, and customize reports for their funds and portfolio companies. With enhanced visualizations, comprehensive reporting, and powerful analytics, users gain access to improved dashboards and advanced metrics tracking, including KPIs. By streamlining administrative duties, the platform empowers investors to allocate more time to value-added activities such as analysis and strategic planning.
Tactyc
Tactyc is a user-friendly software designed specifically for venture funds, providing essential functionalities for portfolio construction, forecasting, and management. With Tactyc, venture funds can leverage market benchmarking based on real-world datasets encompassing round sizes and valuations, enabling precise reserve planning. The software offers comprehensive reporting capabilities, allowing funds to share visually engaging dashboards with LPs and compare actual fund performance to planned projections. Tactyc also facilitates round modeling, return analysis, and a range of other data-driven insights that investors can utilize to test different scenarios, adjust strategies, and report the current situation to stakeholders. With Tactyc, venture funds can optimize their decision-making processes and enhance transparency in their operations.
Venture360
Venture360 is a software solution that combines administration and back-office functionalities, providing a complete toolkit for investment firms. It offers a user-friendly platform that caters to funds, angel groups, entities, SPVs, and investors worldwide allowing them to track investments from start to finish, reducing time spent on administrative tasks. The software features an LP Portal, enabling limited partners to access consolidated views of their holdings, capital accounts, and documents through a white-labeled client website. It also provides automated portfolio tracking, customizable deal pipelines, and comprehensive fund/SPV management, simplifying processes and enhancing efficiency.
Fundrbird
Fundrbird is a comprehensive end-to-end solution that seamlessly integrates private equity fund accounting, investor reporting, and portfolio reporting, covering the entire investment lifecycle. With its platform, even the most complex fund structures can be accommodated, offering customized and automated workflows. By simplifying fund administration and consolidating data into one system, Fundrbird ensures accurate and trouble-free reporting, increasing data accuracy and consistency.
If you want to gain more insights on the VC Tech Stack topic, make sure to check out our latest articles from the series:
- VC Tech Stack: The raise of data-driven VC funds
- VC Tech Stack: Top Tools For VC fund to streamline fund administration, reporting, portfolio management and investor relations
- VC Tech Stack: Virtual Data Rooms For VC Funds
- VC Tech Stack: Portfolio Management Tools
- VC Tech Stack: Productivity Tools for VC Funds
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