Keytrack’s former MD launches FundCFO

by Krystal Scanlon 2 August 2022

FundCFO has launched to support venture capital CFOs with a hub of tools and knowledge to set up and operate a fund.

The platform was created by René Kampschulte, former managing director of the now discontinued VC portfolio management software Keytrack. “I think at heart, VCs don’t care about holistic data,” he explained to The Drawdown. “Since winding down that business, I’ve taken on consulting and interim CFOs, which led me to this opportunity to launch this new platform, which should be useful to financial functions across the VC space.”

How it works

FundCFO operates on Notion platform, a collaboration tool for teams, with templates hosted on Google Drive. “It is very user friendly, but we need to see how users respond to Notion, so user feedback is super important,” added Kampschulte. “If it doesn’t work for our users, we might consider moving the setup somewhere else, or hosting it on a proprietary space.”

Still in its early stages, FundCFO is broken down into three sections:

1. Ultimate CFO landscape
Foundational information a firm will need on their radar when operating a fund. This includes, reporting, admin, accounting, tax and regulation

2. New funds / set ups
Covers all topics across fund domicile, law firms, fund administrators, fund models, operating models, fundraising notes, risks, advisors and pragmatic solutions

3. Other
Additional “non core” topics, such as policy suggestions, as well as an area for users to share their quarterly reports with the FundCFO community to support each other with templates

While the platform is geared towards the VC world, Kampschulte hasn’t ruled out expanding its proposition in the future. “Given the increasing importance of the CFO role in private equity, we also hope to incorporate all related topics from the PE perspective in the future,” he said.

To find out more about the platform, click here.

Categories: NewsReporting & Transparency TemplatesTechnologyReporting portalTech providers

4 December 2023

MUFG IS anchors in Malaysia

New office to provide full-service offering across fund accounting, administration and asset servicing

4 December 2023

Quantium partners with Microsoft Azure

Investment management software stores data and has built its investor portal on Microsoft’s cloud computing platform

1 December 2023

Hillhouse opens London office

The London operations team of the investment firm will be led by vice president Hallie Fishman

30 November 2023

SDCL acquires Volery Capital

Firm aims to expand into US with acquisition which sees Ares Management and Folsom Point Funding continue to hold minority stakes in Volery

29 November 2023

Kroll launches risk assessment tool

Offering includes portfolio monitoring and diligence, streamlined data collection and benchmarking

29 November 2023

SDR policy launched

The FCA is introducing an anti-greenwashing rule, four product labels and marketing requirements for investment funds