Emerging VC/Startup Tech Stack

Working with VCs and early stage companies, I’ve been seeing more and more SaaS tools that help automate workflows. As a former employee of various large technology firms, I understand how different the sales cycle can be to implement a new platform for large enterprises so this might not be for those teams. But, from my perspective, there are tools I would recommend to emerging VCs, or startups, that have just been formed to create a more collaborative workflow for a decentralized team.

My recommendations are my own personal opinions when working with these organizations and highlight the various products that I found useful.

From reading
and
, it is true that there are too many tools out there to choose from so I wanted to recommend the ones that I felt had the most capability and allowed for an easier experience to onboard with a focus on balancing that capability, ease-of-use, and price.

For VCs, there is really one north star, optimization of time. From there, that can be broken out into three buckets: LP collaboration (back-office), business operations (front-office), and portfolio collaboration (back + front office).

LP collaboration focusing on the back-office tasks that include tracking potential and current LPs, reporting, and fund administration.
Business operations that focus on deal-team activities including sourcing and fielding deals, diligence, and storing data towards the goal of writing term sheets.
Portfolio collaboration focusing on the relationship between investors and portcos including tracking portfolio metrics, introducing founders to advisors or potential employees, and generally helping them scale.

Screen Shot 2021-12-14 at 8.20.30 AM.png

Recommendations:
Thus, if I were to start a venture fund today, I would pick the following stack:

Related to fund operations:
Deal Sourcing:
,
Fund Admin:
,
Portfolio Monitoring/Investor Relations:
Cap Table:
,

Related to business operations:
Internal Wiki:
CRM:
,
Automation:
Video Conferencing:
,
(open-source)
Video Conferencing Note Taker:
Password Manager:
(open-source),
Document Creation:
Document Storage:
+
Survey:

Related but geared more for early-stage companies:
Domestic PEO:
,
,
Domestic Payroll:
,
International Payroll:
SOC2 Compliance:
Documentation Capture:
Data Visualization:
Product-Led Sales:
Workflow Automation:
Website:
Corporate Card:
Internal URL Shortcut Tool:
,

Related to research but for crypto:

Some cool examples of process that I’ve come across:

Methodology
Ease-of-use
Capability including integrations with other products
Price
Customer Service
View of Stack
1
Portfolio Monitoring
4
Cap Table
2
Equity Effect
Carta
Automation
2
Video Conferencing
2
Jitsi
Zoom
Password Manager
3
1Password
Bitwarden
Document Creation
3
Storage
3
Google Drive
DropBox
SOC2
3
Drata
Secureframe
Workflow Automation
2
Rollout
Tonkean
Website
1
Related Information/Sources:
The Emerging Manager Toolbox
https://www.notion.so/The-Emerging-Manager-Toolbox-6f25be9a352948538dd604d5e6757437
The VC Tech Stack
https://francesco-ai.medium.com/the-vc-tech-stack-77eb94f6e230
Part 2: Tech Stacks to Scale a VC Fund Efficiently
https://medium.com/alpaca-vc/part-2-tech-stacks-to-scale-avc-fund-efficiently-8fd2bb42ba1b
What’s your VC’s Tech Stack?
https://medium.com/blue-future-partners/whats-your-vc-s-tech-stack-results-from-a-survey-of-early-stage-venture-capital-funds-7ddbeaf987c0
What’s your VC tech stack? Results from a survey of early-stage VC funds
https://teten.com/whats-vc-tech-stack-results-survey-early-stage-vc-funds/
Title
The Emerging Manager Toolbox
Source
Halle Kaplan-Allen
Date Published
November 10, 2021



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