Changelog

Every fund and vehicle sits in one register, including feeders, SPVs and sidecars held as child vehicles under their parent. Committed, called and distributed capital and underlying NAV roll up automatically, with a breakdown by asset class and organisation tag.

A single workspace for the raise and for running the fund after it closes. Capital and LPs, fund economics, performance roll up, an LP communications hub, setup and compliance all sit in the same place, so commitments, drawdowns and LP records stop being spread across spreadsheets.

Investors are onboarded in the platform and land in an LP portal that shows their commitment, what has been called, what has been distributed and what cashflow is coming. Fund branding is applied through Fund Design, so the portal looks like the manager rather than the software.

Payment rails now cover connected accounts, capital call charges, LP payments and a payments operations board. A call goes out, the money is tracked against the right LP and the right vehicle, and the record updates without a separate reconciliation pass.

The Reporting Hub adds a custom report builder and a reporting integrity view. Once a period is closed it is locked, and any change after that point is recorded as a restatement with a visible trail, so a number in an LP report can always be traced back to the version it was reported in.

A fund compliance calendar tracks raise obligations and recurring filings. Compliance packs, audit pack export and accountant export packs, single fund or consolidated, are produced from the same records the fund runs on, which shortens the quarter end handoff to the administrator, auditor or accountant.

Allocators get a manager directory, side by side manager comparison, their own diligence workspace on a manager and a triangulated view across analysts. Fund of funds managers get dedicated tabs for managers, portfolio of funds and completions.

Every deal now has its own page and shareable link at /solutions/deal-pipeline/[id], instead of only opening in a popup. Seven tabs on every deal (Overview, Analysis, Documents, Notes, Activities, Due Diligence, Governance). A sticky side panel lets the team add notes and tasks in one click, with a keyboard shortcut to save. On phones the panel slides up from the bottom.

New screens for LPs and fund of funds to compare managers side by side, run their own due diligence workspace on a manager, and get a triangulated view across their analysts. A new staging area to load fund of funds holdings.

New surfaces to handle capital calls, distributions, LP payments and network fee reconciliation without leaving the platform.

A public Startup Directory and a Mid Market Directory, with dedicated pages per company, per location and per sector. Founders can be discovered, and each page is a public search surface pointing back into the platform.

New public portals for founders and sponsors to submit a deal, track the status of their submission, and receive matched opportunities.

Founders can now connect their Google Drive or Dropbox in one click, submit monthly operating updates and actuals, keep governance records in one place, and see the full history of every document they have shared.

New workflows for Australian wholesale investor certification and licensee sign off, aligned with ASIC and AFSL requirements.

One click import from Attio, Affinity, Pipedrive and HubSpot. A new relationships view that pulls contacts, deals and companies into a single graph. New contact detail pages. See the Affinity, Attio and Pipedrive migration guides.

Structured exports for fund administrators and accountants, so quarter end handoff stops being a manual spreadsheet job.

Model register with EU AI Act risk-tier classification, FRIA upload and sign-off card, AI disclosure badges on IC memo sections and counterparty letters, and a human oversight log on every high-risk decision. Built for the August 2026 Annex III deadline. See AI Governance for Private Capital.

One workflow engine for deals, compliance and onboarding. Four pre-built templates ship by default, Standard Deal Process, Quick Screening, Due Diligence and Compliance Onboarding, with auto-advance on completion criteria, reviewer SLAs and a unified audit trail. See Deal Workflow Automation.

Persistent LP and family-office mandate profiles, deal-to-investor match scoring, and a private investor network directory. Co-invest flow stops living in spreadsheets and becomes a first-class surface inside the platform.

Independent expert scorecards on the same dimensions, weighted by domain authority, with conflict detection on spread above 2.0 and AI-assisted reconciliation. Triangulated results are written back into the IC memo and audit trail. See Multi-Expert Triangulation.

Typed milestones (signing, closing, regulatory) with status workflow and dependencies, alongside categorised Q&A threads (financial, legal, commercial, tech) with answer-to-impact tracking. The deal room becomes the system of record for the closing process.

Persistent counterparty profiles with mandate, preferences and relationship strength; valuation comps tables with public, transaction and DCF assumptions; and structured deal terms with version history for equity, debt and convertible instruments.

AI-assisted EBITDA and free-cash-flow normalisation with categorised adjustments, owner comp, one-off, related party, and a side-by-side reported vs normalised view. Computed margins, growth and leverage ratios update live as adjustments change.

Cross-source contact view that merges deal contacts and counterparty profiles, with flexible key-value extensions on any entity. Engagement-level badges and source-type indicators show where each relationship lives.

Five-step Blueprint Wizard (Basics → Scoring → DD Sections → AI Prompts → Review) with auto-save and dictation. Manifest-driven asset-class onboarding ensures new asset classes are wired end-to-end before they ship, DB triage, analysis router, blueprint registry, rubric registry, with a certification test that fails loudly on drift.

A guided, Typeform-style fund setup workflow replaces the previous configuration screens. Managers move from strategy to operating fund in hours, with jurisdiction-aware defaults and structured economic modelling at every step. See Fund Setup Software.

A single, normalised taxonomy across the platform covers 17 fund types (VC, growth, buyout, credit, secondaries, FoF, search, evergreen and more) and 33 asset classes, with jurisdiction-aware fields applied automatically per structure.

Delaware LP/LLC, Luxembourg SCSp/RAIF, Singapore VCC, Australian VCLP/ESVCLP, Cayman, Hong Kong LPF and more, each carrying its native regulatory, currency, and reporting profile from day one. See Global Jurisdictional Coverage.

Pro-rata allocation, waterfall modelling (European and American), and capital call automation now ship as guided workflows. Modelled once at fund design, applied automatically to every distribution.

Nine institutional LP personas now drive the LP portal experience, endowment, pension, sovereign wealth, fund-of-funds, family office, insurance GA, foundation, corporate treasury, and high-net-worth, each receiving tailored statement formats, cadence, and disclosure depth.

Repositioned as the data backbone for private capital. Outcome-led narrative across all pages, decision provenance, lifecycle continuity, and institutional memory replace feature-level messaging.

Now serving private credit managers and institutional banks alongside VC, PE, and family offices. Platform positioning broadened to reflect the full private capital ecosystem.

AI-generated due diligence reports with multi-dimensional analysis spanning financial, operational, legal, market, and team layers, with evidence-backed findings and confidence scoring

Dynamic, multi-layered due diligence checklists that adapt by deal type, stage, sector, and jurisdiction, ensuring comprehensive coverage without manual configuration

Seamless connectivity with external data rooms for streamlined document access and management across your deal pipeline

Real-time auto-updates to deal, market, and team analyses as source data changes, ensuring your insights are always current

Purpose-built workflows and reporting for single and multi-family offices, with multi-generational access controls and governance

Support for diversified portfolios across asset classes, strategies, and geographies with consolidated reporting and analytics

Continuous oversight and alerting for regulatory and policy compliance with real-time risk profile updates

Secure voting-only access for advisors and LPs with time-limited permissions and complete audit trails

Secure, branded links for founders to submit documents and updates with automatic expiration

LlamaParse integration for advanced PDF processing and data extraction across complex document structures

Instant recalculation of deal scores as documents or thesis parameters change

Real-time monitoring of company health, KPIs, and follow-on opportunity tracking

Expanded to 150+ industry categories and 50+ geographies for precise investment alignment

Real-time activity feeds, mentions, shared notes, and deal assignment workflows