Accounting, LP reporting, and an MCP server for your fund

Three new features releases for the open source venture portfolio reporting tool to share today, a major step forward in functionality, ready to use today.

Accounting for Funds, SPVs, and angel investors

The app now has an accounting module to handle funds, SPVs, and your angel investment activity. Paste in bank transactions, run a monthly close, create financial statements and a schedule of investments. This was a major effort to create, but brings a more robust back office to the app. The accounting module brings the idea of plain text accounting to funds, and uses plain text files to store journal entries, which makes it easy to import and export data, and also makes it easier for AI to understand and use. I’m using it for a couple entities that were previously managed only in spreadsheets, and it’s been fantastic to bring a more professional level of robustness to them. I am sure that more use will uncover necessary edits to accounting treatment, but I’m excited to see how we can improve it.

Limited Partner reporting, aggregated

The accounting addition created a massive rewrite in how the app tracks limited partner performance across entities. Use the accounting module for your investment, paste in the schedule of investments from your fund admin, or paste in from your own spreadsheet, or just type them in manually, and the app creates structured capital account statements and aggregated performance metrics across entities. The best use case is for situations where you have limited partner reports spread across fund admins, SPV admins, and spreadsheets, and provides a robust, professional structure to aggregate your reporting across entities, as well as an optional limited partner portal you can use to deliver your aggregated reporting.

Your own MCP server

Many companies have created model context protocol (MCP) servers to provide ways for you to access your data in your AI. This week I created one for this app, to allow you to launch your own MCP server for access to your data, and allow you to use your own AI to access your data, simply by asking in Claude or ChatGPT. Sound complicated? Imagine being able to ask Claude for any details about your portfolio or funds, and then do data analysis or create a chart, all in Claude. Worried about data security? The MCP server can run on your own server, and requires authentication the same way you have to log into the website. 

In addition, the latest update wraps in a complete refactor of access rights, giving admins the ability to set read and read/write access to separate parts of the app to individual users.

The app now covers a range of front-office (inbound deal analysis and diligence assistance) and back-office (accounting, reporting, portfolio KPI tracking) activities, but pick and choose which parts you want to deploy, each feature is optional to use. Details on how to install on your own infrastructure is on Github, or contact me if you want help in deploying (one-time) or a fractional CFO/COO to implement and use.

Looking forward to seeing how you use it!