Build a fund in 15 minutes

Eighteen months ago, we became obsessed with the idea of reducing the inefficiencies involved in creating and administering funds - so we decided to throw a few million dollars (and an awesome team of engineers and UI designers, and legal experts) at the problem.?

Our goals were simple:

1. Reduce the time needed to set up a VC fund from 15 weeks to 15 minutes;
2. Reduce the inefficiencies and errors involved in fund administration to as close to zero as possible.

I'm happy to report that we've achieved both our goals.??

Our VAAST (Venture-As-A-Service Technology) platform now lets you create and customize a VC fund in minutes - inclusive of the time needed to select your legal docs, appoint a licensed manager (if you don't have one), add an administrator (ditto), plug in a specialist alternative investment fund auditor, and customize the VAAST platform using your choice of branding, currency (50 options), language (18 choices), date format (3 options), and UI.??

In addition to slashing the time needed, we've significantly reduced the cost.?Using automation and AI-powered error-checking, we've been able to reduce the complexity of the setup process and automate the creation of the legal docs.?

And, working with our fund managers and auditors, we've been able to standardize pricing.?As a result, our next-generation fund admin tools can enable virtually instant fund creation - and on-time, on-chain, on-demand access to data - for a fraction of what manual, error-prone systems currently cost.?

No more back offices filled with people and paper and ringing phones. No more paying top dollar just to wait days or weeks for a response from your admin.?No more lost or missing entries.?Just instant access to error-free, continually backed-up data - and well-structured reports generated using AI and data science, that look like they were created this century.??

If all this sounds interesting, please give us a call.?We'd love to show it to you - and show you how our VAAST platform can potentially transform your approach to investment (our AI-powered deal sourcing and filtering, for one example, is also pretty awesome.)? Funds, accredited investors, and/or family offices only, please.

Disclaimer: VAAST currently supports Singapore VCCs (both umbrella funds and sub-funds) - which are exploding in popularity.?Other jurisdictions are in the pipeline.

More info here??