Choosing portfolio management software for a venture fund
Fund managers, family offices and operations leads · 6 min read · Updated 3 November 2026
Most funds start with spreadsheets, a CRM, a data room and email, and spend hours a quarter reconciling them. Portfolio software replaces that patchwork, but the options differ a lot. Here is a checklist for choosing.
The checklist
- Portfolio: cheques, instruments, ownership, valuations with a stated basis, and exits.
- Metrics: TVPI, DPI and IRR from dated cash flows, by fund and by company.
- LP reporting: reports built from the same data, with a frozen record of what was sent.
- Fundraising: an LP CRM with commitments by fund, if you are raising.
- Deal flow: a pipeline with diligence and a record of passes.
- Documents: an encrypted vault, e-signature and board materials.
- Security: passkeys or SSO, per-firm data isolation and an audit log.
- Import: how quickly you can get your existing portfolio in.
- Price: per user, per fund or per company, and what the free tier includes.
Questions to ask in a demo
- Can I see exactly what an LP saw in last year’s report?
- How is IRR calculated, and can I see the cash flows behind it?
- Who at the vendor can see our data?
- How long does it take to load our current portfolio?
Where Foliant fits
Foliant brings pipeline, portfolio, LP CRM, LP reports, an encrypted vault and an AI analyst into one workspace. It finds your firm’s existing portfolio from your email domain, and bulk-adds companies from a pasted list or CSV.
It is free for up to 3 companies; Pro is $99 per user per month or $999 per user per year with unlimited companies and Fundraising.
Questions
What is the best portfolio management software for a small VC fund?
Look for one tool that covers portfolio metrics, LP reporting and fundraising so the numbers agree everywhere, with simple per-user pricing. Foliant is built for that, and is free to start.
Foliant runs your pipeline, portfolio, LPs and reports in one place. Free for up to 3 companies.
Start free