May 2020
How does a venture capital fund work in terms of Operations?
AIRR in Startup Reporter
In many small funds this work falls on the shoulders of a team of 3-5 people. Therefore, it is very important that these people are able to interact effectively in a situation where time is lacking, and basic things like regular reporting or KPI portfolio control are maximally automated. To do this, as data volumes grow, some kind of unified IT system becomes necessary.
In software development there is a well-known concept of DevOps (Development Operations) – in fact, these people make sure that the product created by the development team, is delivered to the production stage quickly and reliably. Similarly, they often talk about RevOps (Revenue Operations) – a set of systems designed to make your sales funnel work efficiently. By analogy, PE/VC funds need "PE-Ops" or "VC-Ops", a set of technologies that will simplify their daily work and provide the infrastructure for their key business processes.
So we gradually came to the decision to develop our own SaaS product for funds. AIRR is a single platform for managing investment funds. It is a web portal for GPs (General Partners, Managers) and LPs (Limited Partners, Investors) and a mobile application for LPs to track their investments.
In software development there is a well-known concept of DevOps (Development Operations) – in fact, these people make sure that the product created by the development team, is delivered to the production stage quickly and reliably. Similarly, they often talk about RevOps (Revenue Operations) – a set of systems designed to make your sales funnel work efficiently. By analogy, PE/VC funds need "PE-Ops" or "VC-Ops", a set of technologies that will simplify their daily work and provide the infrastructure for their key business processes.
So we gradually came to the decision to develop our own SaaS product for funds. AIRR is a single platform for managing investment funds. It is a web portal for GPs (General Partners, Managers) and LPs (Limited Partners, Investors) and a mobile application for LPs to track their investments.