Guiding our clients through
the maze of Cap Tables,
Fair Value and Investor Reporting
CAP TABLES & FAIR VALUE
A proven, fund-level software package, designed specifically to tackle the intricate complexities of Cap Tables management: Waterfall distributions, Modelling, and Fair Value calculations for GAAP, IPEV, AICPA and ASC 820 compliance read more
LP FUND MANAGER
Streamlining VC, RE and PE LP reporting: Calls, Distributions, LP Capital Accounts. All available through our white-labeled, on-line LP data portal. read more
SOME OF OUR CLIENTS
VCM Portfolio: Advanced Cap Table Manager
Efficiently achieve and maintain compliance
VCM Portfolio is a proven, portfolio-level software package, designed specifically for VC fund managers. VCM Portfolio enables
Accurate capture of both early and late-stage Cap Table and Liquidation Preferences
Quick, multi-round Scenario building to optimize exit analysis
Confident, easy and audit-ready Fair Value calculations and reports based on OPM, PWERM and Waterfall
Our recent Roundtable discussion with The Drawdown
Our recent overview interview regarding the impact of changes to the Cayman Island Fund Law
VCM EMPOWERS YOU AND YOUR FUND TO...
Have total control over your Cap Table and Investment data
Run sophisticated and accurate cap table modeling
Anticipate and prepare to easily meet your auditor's demand for compliance with new regulations
Preempt LPs' concerns as to whether you follow the latest Fair Value regulations and guidelines
Follow Venture Capital Association Fair Value guidelines like BVCA, IVCA, and NVCA
GET THE JOB DONE BY...
Capturing deep granularity of all aspects of Cap Tables, Investments, Securities and Rights
Calculating quarterly and annual Fair Values for entire portfolios
Determining Fair Value through any or all of the recommended methodologies: PWERM, OPM and CVM
YOU BENEFIT FROM…
Client-proven, user-friendly platform
VCM's best-in-class, proprietary waterfall and OPM algorithms
Our experienced team - ready to serve as an expert resource for Cap Table upkeep and Fair Value compliance, consulting and audit support
VCM Investors: Streamline. Systematize. Automate.
Reach a whole new level of professional fund administration
The VCM Investors module is based on VCM’s 20+ years of experience working with dozens of VC firms. For the latest version (5), we’ve invested over two years completely rewriting VCM Investors from the ground up. In addition to incorporating new technology, we've improved and enhanced the workflows for elegant, efficient management of complex back-office tasks, for Commitments, Calls, Call Distributions, LP accounts, and our on-line, white-labeled LP data portal.
Why VCM? Our modules provide:
Adoption of best practices based on 20 years of experience
Single source for all data
Systemized work processes
Easy learning curve
Multiple users, through permissions, can use the system simultaneously
Quarterly data integrity
Automatic data backup
Data easily exported to MS Excel
Minimal IT requirements
Kevin Pearl, Founder and CEO
Kevin founded VCM in 1999, after writing an initial program to help his wife as the CFO of a $270m VC fund and then upgrading and selling that program to other VC and PE houses. Kevin has vast experience in VC/PE back-office workflow needs, as well an expertise in venture capital cap tables, waterfalls and fair value methodologies and calculations. Before VCM, from 1989 to 1999, Kevin was the founder and CEO of Pearl Anderson, a clothing manufacturer, producing women's and children's knits for the US retail market.
Tzvi Schmerhold, VP Technology
Tzvi has been at VCM since 2004. He has overall responsibility for the new VCM version 5 ,for which he oversaw its designing, writing and implementation. Tzvi has over 20 years' experience in Business/Financial software development as well as a strong background in finance. Prior to VCM, he worked in several tech startups before which he was a CPA at Deloitte in New York. He holds a Bachelor of Science in accounting from Brooklyn College and qualified as a CPA in the US in 1989.
Yoni Schwartz, VP Professional Services
Yoni joined VCM in 2019 following an extensive career spanning more than two decades in financial analysis for both private and publicly traded companies. He developed expertise in company valuation working as an analyst and portfolio manager on Wall Street and as a corporate consultant at PwC. More recently he acted as the Senior Project Finance Modeler at Mada Energie and as Senior Business Manager at Persimio, a health-tech startup. Yoni holds an MBA in Finance from NYU and a CFA charter.