GSR Ventures has selected the iLEVEL Private Capital Data Platform to optimise the firm’s portfolio monitoring process.
GSR Ventures is a venture capital fund that invests primarily in early and growth stage technology companies with operations in China. They have offices in Beijing, Hong Kong, and Silicon Valley.
“iLEVEL will enable us to streamline our data collection process and extract more information from the performance data that we already have,” says Ryann Yap, CFO of GSR Ventures. “By centralising our process into a single repository, we can work off of one set of verified data for investment analysis and investor reporting.”
The iLEVEL platform provides early stage and growth funds with many unique features for deeper analysis of companies and portfolios. These include: performance to investment thesis, cash burn and runway, budget to actual comparison, KPIs specific to company and company type, and valuation metrics. The platform also enables funds to calculate IRR at the portfolio, fund or asset level, and further view performance across investment, geography and segments. Performance can be viewed on the Web, in Excel models, and on iPads, allowing for flexibility and mobility.
“iLEVEL’s client base continues to rapidly diversify across various investment strategies including: venture, real estate and credit funds, all signing on at an increased rate,” says Kevin Black, CEO of iLEVEL. “We are delighted to have GSR as a client. They are a strong endorsement of iLEVEL’s value to venture capital firms.”