Built for venture capital. Not just adapted to it.
From your first close onwards, Vector handles the operational back office for venture capital managers so you can stay focused on finding and supporting great companies.
Whether you are raising your first venture capital fund, managing a multi-fund platform, or ready to move on from your current fund administrator.
Get your VC fund operational from the first close forward
Vector gets involved at subscription document coordination and carries your back office from first close through ongoing fund operations, so you launch with credibility and a clean fund accounting foundation.
- Subscription document coordination and first close support
- SAFE and convertible note tracking from day one
- Rolling close mechanics and equalization
- LP portal onboarding before capital is called
A venture fund back office that scales with your platform
As your platform grows across funds, SPVs, and co-investment vehicles, venture fund administration complexity compounds. Vector manages each vehicle with the same rigor, giving you a single operational partner across your entire platform.
- Coordinated LP reporting across funds and SPVs
- Warehoused investment accounting and transfer support
- Management company and carry tracking across vehicles
- Consistent LP portal experience across every entity
A fund administrator migration that does not disrupt your operations
If LP reporting is slow, your team is absorbing work your fund administrator should own, or your current setup simply has not kept pace, a migration to Vector is more straightforward than most VC managers expect.
- Historical data migration and reconciliation
- No gap in LP reporting or capital activity
- Dedicated transition team with clear ownership
- New fund cycles handled from the first day onward
Built for the operational reality of venture capital funds.
Capital Calls and Distributions
Timely, accurate capital call notices and distribution calculations across your LP base, including rolling close mechanics, equalization interest, pro-rata calculations, and investor-specific side letter terms.
LP Capital Account Reporting
Clean, audit-ready capital account statements delivered on schedule. Your LPs get what they need when they need it, without your team having to coordinate every quarter.
Portfolio Investment Tracking
Investment tracking and cost basis maintenance across your portfolio, covering equity rounds, SAFEs, convertible notes, warrants, and follow-on investments. Structured to support your auditors and give you a clear picture of fund activity.
Fund Performance and Return Metrics
Accurate calculation and reporting of the metrics your LPs and your own LP advisory board will ask for: TVPI, DPI, RVPI, Net IRR, and NAV. Derived directly from the GL so your numbers are always consistent with your financials.
Management Company and Carry Support
Management fee calculations, recycling provision accounting, GP carry tracking, and management company financials handled alongside your fund, keeping the full GP picture in one place.
Tax and Audit Coordination
Year-end tax package preparation, K-1 support, and audit coordination with your external auditors. Delivered on time and structured to minimize back-and-forth with your CPA and legal counsel.
Why venture capital fund managers choose Vector AIS.
A Dedicated Team That Owns Your Fund
You are not assigned to a pool of generalists. Your fund is owned by experienced VC fund accountants who know your structure, your LPs, and your timelines. No ticket queues. No re-explaining context every time.
Scales With Your Fund Strategy
Whether you manage one fund or several, an emerging manager or an established firm, Vector's model is built to grow with you. Your second fund is not a new engagement from scratch. It is a natural extension of the relationship.
LP Experience That Reflects Well on You
Your LPs interact with Valence directly. Clean statements, on-demand access, and professional communications mean your back office reinforces the quality of your fund, not undermines it.
Built for Closed-End VC Fund Complexity
SAFEs, convertible notes, pro-rata rights, rolling closes, follow-on reserves, recycling provisions. The operational nuances of venture capital are built into how we work, not patched in as exceptions.
What breaks down when fund administration does not keep pace with your fund.
Most VC managers do not switch because of one catastrophic failure. They switch because the friction accumulates until it is no longer acceptable.
LP reporting that misses the mark on timing
Quarterly statements arrive late. Capital call notices go out with errors. Your LPs start asking questions that should never need asking, and you spend time fixing instead of investing.
A setup built for fund one but not fund three
What felt sufficient at launch becomes a limitation as you manage SPVs, rolling closes, warehoused investments, and increasing structural complexity. The tools and team that got you here may not be the ones that scale with you.
Your team absorbing work that should not be theirs
When your investment team or CFO is reviewing and correcting administrator outputs before they go to LPs, the administrator is not actually handling operations. You are.
No real LP portal or self-service access
LPs email for documents that should be available on demand. Investor communications require manual coordination. The experience your LPs have with your back office reflects on your fund's overall professionalism.
Venture capital fund administration services Vector covers.
What to expect when you work with Vector on your VC fund.
From first close through ongoing fund operations and LP reporting, we manage the back office so your team stays focused on what matters.
Capital calls and distributions processed accurately and on time, every cycle.
LP statements and reporting delivered on schedule with no internal review burden on your team.
A single point of contact who knows your fund structure, your LPs, and your operational preferences.
A platform your LPs can access directly, that represents your fund professionally without extra effort on your end.
What VC fund managers say about working with Vector.
I wholeheartedly recommend Vector to any GP who asks, or even doesn't ask. Their understanding of the nuances of the different asset classes is beyond a typical fund administrator.
My favorite thing about the Vector team comes down to one word: Vibes. It's a team that not only has prestigious talent, but also an amazing attitude. A group of folks truly invested in the relationship with managers.
I can't speak highly enough of Vector and the work the team has done. They have been incredibly responsive and direct when we need help and are beyond proactive in taking care of work that needs to be done.
See why VC fund managers choose Vector.
Whether you are raising your first fund or looking for an administrator that can keep pace with where your firm is going, book a 30-minute call and we will walk through exactly how Vector works for your fund.