“Amazing support, timely response, and outstanding technical background.”
Venture Capital Model
Comprehensive financial model template to forecast investments, proceeds, cash flows, and performance metrics for a venture investment strategy.
4.8(41)1,156 downloads
“The Venture Capital Model ... has been an invaluable tool for our new fund in Western North Carolina, supporting both short-term recovery efforts and long-term growth capital in the wake of Hurricane Helene. The model is flexible, intuitive, and easy to use, making it an excellent resource for fund managers navigating complex investment scenarios. Beyond the tool itself, Taylor was incredibly helpful and responsive when we needed customizations, providing clear guidance that made a meaningful difference in adapting the model to our specific needs. We are deeply appreciative of both the product and the support, highly recommended for anyone in the venture space!”
$349USD
Instant Access
Download to Excel or Copy to Google Sheets
Free updates to your major version
Easy to customize with your AI
Free email support
Highlights
Forecast the full life of a venture capital fund, capital deployment, follow-ons, proceeds, distributions, and every standard performance metric (Gross/Net IRR, Multiple, RVPI, DPI, TVPI). Quarterly cash flows over up to 20 years. Built for GPs, emerging managers, and LPs who need a real model behind a fund strategy.
What you'll do with it
Forecast a fund from first close to final distribution. Capital deployment, follow-on reserves, graduation rates, exits, distributions, and management fees, quarterly, over up to 20 years. Every standard performance metric (Gross/Net IRR, Multiple, RVPI, DPI, TVPI) calculated automatically.
Built for emerging managers who need a real model to underwrite the fund strategy, established GPs who want to pressure-test changes, and LPs evaluating fund mechanics from the inside.
Use it to model funds, rolling funds, SPVs, syndicates, or any vehicle deploying venture capital.
Edit with AI
Every cell open. Inputs in blue, formulas in black, rows documented. Built so you and your AI can extend it without breaking the underlying logic.
- Context primer. Paste it into Claude or ChatGPT before you make a change.
- Prompt guide. Ready-made prompts for setup, portfolio construction, scenario analysis, and LP reporting.
- Hemrock Skill. A drop-in Claude Agent Skill that loads this model's sheet map, prompts, and checks into any Claude Project. Free, with no connector to set up.
- MCP server. On ChatGPT, Cursor, or another tool? The MCP server feeds the same context to any AI that speaks MCP.
- Verify before you trust. AI gets fund waterfall logic subtly wrong, so use the sanity-check prompts to catch bad references and confused metrics.
Or run it in your browser
If you want a hosted version with auto-save, no spreadsheet to manage, and a public share link you can hand to LPs, get the hosted Fund Economics Tool. Same fund-economics engine. Sharing is free; multi-user editing is a paid add-on.
How it's structured
Get Started. Primary fund inputs: size, term, fee structure, deployment pace.Portfolio Construction. Check sizes, follow-on reserves, graduation rates, exit valuations and timing.Forecast. Capital deployment, proceeds, cash flows, and fund metrics, all calculated.Financials. Statement of operations, financial condition, and cash flows, quarterly.Management Company. Budget the expenses of the entity running the fund.Key Reports. Charts and metrics for LP and IC discussions.
Background reading: How to Model a Venture Capital Fund · Portfolio construction
Common questions
Why pay for this when AI can build a fund model?
A fund model is one of the hardest things to get right and one of the easiest for AI to get plausibly wrong. Waterfalls, recycling, GP catch-up, and carry tiers all look fine until the distribution math is off by a turn. This hands AI a structure where that logic already holds, so it customizes inside guardrails instead of inventing them. Build a fund forecast from a blank sheet and the errors don't announce themselves.
Doesn't my fund administrator already model this?
A fund admin reports what has happened: actual calls, distributions, NAV. This is a forward forecast of what the fund could do across deployment, reserves, exits, and waterfall, before it happens. You use it to underwrite the strategy and pressure-test changes, then your admin tracks the actuals against it.
Funds only, or other VC vehicles?
Use it for funds, rolling funds, SPVs, syndicates, or angel structures. The fund-specific waterfall and management fee logic can be turned off or bypassed.
What if I just want to understand fund economics first?
Start with the Fund Economics Tool, free, simpler, no operational-level cash flow modeling. Get the shape, then move up to this if you need the full forecast.
European or American waterfall?
Both. Plus SPV waterfalls. Multi-tiered carry, preferred return, and GP catch-up are all prebuilt.
Excel or Google Sheets?
Both. All formulas open, no macros.
Learn venture capital modeling
Guided walkthroughs of fund economics, portfolio construction, waterfalls, and management company budgeting, free, in the docs. Or attend a live workshop.
Documentation
Ratings
4.8(41 ratings)
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Reviews
“Taylor was remarkably helpful in taking the templated model and customizing it so that it worked for our specific and very complicated use case. It was a smooth process that would not have been possible with someone who was equally great at spreadsheets but lacked Taylor's deep knowledge of venture capital.”
“Excellent tool for conceptualizing outcomes of different strategies.”
“I love this spreadsheet and recommend it highly.”
Andrew Muir· Investment Director, Future Planet Capital
“The Venture Investor model is very in depth and chances are, if you have an issue the model can handle it. If you do need to make modifications Taylor is very helpful and responsive on email.”
Evan Diaz de Arce· Startup CFO
$349USD
Instant Access
Download to Excel or Copy to Google Sheets
Free updates to your major version
Easy to customize with your AI
Free email support