Q1 2023 Roundup

A Note from Vector’s Leadership

With two full years of operations behind us, I want to take a moment to reflect on the progress we’ve made and look ahead to the exciting opportunities that lie ahead in 2023.

We are thrilled to report that our team has continued to grow, adding several highly skilled and experienced folks to our roster. Since the beginning of 2022, we have quadrupled our headcount, now with a team of fourteen incredible team members.

Molly Yakubian

In addition to growing our team, we also are now proud to support more than 45 unique clients managing venture capital, private equity, real estate, and digital asset funds. As more and more fund managers recognize the need for efficient and reliable fund administration services, we have seen a significant increase in demand for our services. Our commitment to providing top-notch support, combined with our industry expertise (and a truly amazing team that genuinely cares about the success of our partnerships) has set us apart from our competitors and positioned us as a trusted partner for our clients.

One of our key focuses over the past year has been the development of our software platform, Valence. Our whole team has been working tirelessly to make sure our platform is cutting-edge, user-friendly, and provides the level of automation that our clients need to stay ahead of the curve. As we continue to refine and improve our software, I am confident that we will continue to set the standard in our industry and provide our clients with the tools they need to succeed.

As we move forward into 2023, I am optimistic about the future of our company and the opportunities that lie ahead. We will continue to invest in our team, our software, and our client base to ensure that we are providing the best possible support to private fund managers. I am grateful for the trust that our clients have placed in us and our team is more excited than ever to continue to support clients and become an essential part of the alternative investment ecosystem.

– Molly Yakubian, Managing Partner

Valence Update

We’ve officially launched!

We are elated to have announced our official release of Valence, our proprietary, cloud-based platform on December 13th. Read our press release here.

Our platform is designed to solve long-standing fund administration challenges by utilizing a purpose-built general ledger as the source of truth. Through Valence, clients receive unparalleled access to data that enables top-tier decision-making. The platform is designed specifically for private funds by those who have deep industry expertise and understand the complexities of these funds at the most granular level.

Valence was designed to:

  • Streamline the work done by our staff to eliminate burdensome, Excel-based processes and reduce burnout and incidents of human error;
  • Utilize a general ledger as the single source of truth, honoring the fundamental rule of database management – to leverage accounting data versus duplicating efforts;
  • Reduce friction between stakeholders by providing access to data through an intuitive and nimble platform; and
  • Allow for complex reporting that has historically been difficult to accomplish using existing applications or Excel-based processes.

Download our brochure for additional details on key functionality!


2022 was a big year for us! The feedback that we’ve received so far has been amazing, and we are working hard to add new features and make updates. Our roadmap for 2023 is looking great, and we are excited to share the new features being released soon.

  • Spring 2023: Updated look and feel and login experience to improve the overall user experience.  
  • Summer 2023: Introduction of visual metrics to provide investors with a better understanding of their investment.
  • Fall 2023: Providing fund managers and investors with more information to improve their understanding of the fund’s performance and progress.
  • Winter 2023: Enhancing the platform’s compatibility with multiple browsers to provide a consistent experience across devices.

Be on the lookout for future announcements! Follow us on LinkedIn and Twitter to stay up to date on the latest!

New Services

We are excited to announce that we are now offering full Management Company support!

We have expanded our service offering and brought on our first full-time Management Company controller this January. Our Management Company support includes:

  • Maintaining accounting records for Management Company entity
  • Management the accounts payable process
  • Recording and reconciling credit card transactions and expenses
  • Reconciling intercompany expense activity
  • Ongoing communication with the Vector fund team
  • Payroll coordination with providers such as Gusto, OnPay, TriNet, QuickBooks Online
  • Preparation of monthly/quarterly financial statement package
  • Preparing 1099s on an annual basis
  • Management of tax process – We provide third-party tax team with all necessary information (supporting documents and books) to prepare tax returns and K-1s and work with them to answer any questions
  • Assisting with cash forecasting and budgeting as needed
  • Coordinating the technology platforms for all functions listed

Content Worth Your While

Uncapped Notes

Fiftyfaces focus - the last frontier: diverse founders and vcs

#AskAVC with ryan floyd

  • Hosted by Ryan Floyd

  • Through sharing his own wisdom – and interviewing enterprise industry leaders – Ryan helps startup founders unlock massive growth for their businesses. From sales efficiency to cold emailing investors to surviving as a first-time founder, no topic is left uncovered. New episodes are published bi-weekly on Wednesdays.
  • All episodes | #AskAVC

Women in Venture Capital Podcast

Who to Know 


Passthrough turns workflows like subscription document execution into solved problems –  seamlessly manages subscription document distribution, execution, and compliance in minutes. Passthrough provides an integrated platform solution that makes the subscription document process turnkey for investors with replicable and verifiable identity information built in for future use. In addition to subscription documents, Passthrough also offers a comprehensive AML & KYC compliance product which collects information from investors so fund managers can remain compliant.


Strut Consulting

Strut is the premier venture capital consulting firm providing operational expertise to funds of all shapes and sizes in the U.S. and beyond. Founded in 2016, we aim to be a critical pillar of support for fund managers, helping them accomplish more with less and function at the highest level with a nimble, high-octane team.

Strut supports multiple high-profile venture capital firms with successful fund management. We help them institutionalize their back office in the key areas of LP/investor relations, portfolio management, portfolio service & founder engagement, events & annual meetings, marketing & communications, community building, finance, systems and data, the VC tech stack, compliance, HR & people ops, large and small project management, as well as operations & administrative talent sourcing and training.



Tactyc is the first performance forecasting and scenario planning platform for VC’s. The software enables funds to construct, manage and forecast venture portfolios in a single platform and empowers GPs to be more data-driven in capital and reserve allocations.

Nearly 200 funds globally have replaced their traditional spreadsheet workflows with Tactyc and use the platform for:

  • Portfolio Construction: create a best-in-class fund model and share with potential LPs
  • Portfolio Management: track and manage investments and company KPIs
  • Investment Forecasting & Planning: model deal outcomes and reserve planning
  • Reporting: LP-ready reports on fund and investment performance

How can I see it in action?

Here is a completed dashboard that shows the platform in action. You can also schedule a 1-on-1 demo with Tactyc’s founder directly here



Aumni is the trusted investment analytics platform for private capital markets, including venture funds, family offices, university endowments, and corporate venture firms. Because Aumni’s technology organizes and analyzes unstructured investment data previously buried in dense legal agreements, venture firms can access portfolio analytics to generate fund reporting and unprecedented market benchmarks to empower data-driven investment decisions.

Are you a service provider in the VC/PE space? We’d love to get to know you better! Email hello@vectorais.com. We are always looking to expand our network and connect managers to quality providers in the space!

Catch Us At These 2022 Events


FRB Women in VC Event

Camp Hustle

LTO Summit 2023

We Want Your Feedback!

THANK YOU for your support over the last two years. We are committed to creating value for the community, so would love to hear any and all feedback on the content of this newsletter, the needs of managers and investors or other stakeholders in the space, or our approach to modernizing fund administration!

Table of Contents

Word on the Street

“Vector continues to be one of the top choices we send our clients to when exploring fund admins. Their team excels in industry expertise and has been a fantastic partner to not only us, but our mutual clients.”

Key Insights

Catch up on our recent insights:

Molly Yakubian

ceo & Managing Partner

Based in Boston, Molly has spent her career in the alternative investment industry, both as a consultant advising fund managers on regulatory compliance matters, and in business development roles working with managers to solve challenges related to compliance, technology, performance, ESG, cybersecurity and risk, and back office outsourcing. Molly graduated from the University of Massachusetts with a bachelor’s degree in finance and is a CAIA Level II candidate.

Having worked both in-house at a private equity shop, as well as in consultative roles with hundreds of managers across a wide spectrum of industry challenges, Molly developed a passion for problem-solving, a commitment to enablement, and ambition for creating synergies between fund managers and service providers.

When not working, Molly spends her time with her three young children, and their family rescue dog, Lani, whom she loves to take for trail runs.

Matthew Wheeler

Founder & CEO

Matt is an alternative investment industry veteran with a passion for helping others – whether it’s assisting fund managers operate their funds, investors track their investments, team members develop their careers or service providers expand their practice. Matt and his team are working hard to build an industry-leading technology solution that brings these parties together.

An Ontario, Canada native, Matt graduated from the University of Western Ontario with a degree in business. He went on to earn the CPA designation before spending time in the Cayman Islands auditing alternative investment funds. Prior to starting Vector AIS (Alternative Investment Services), Matt was a director in the San Francisco office of a premier closed-end fund administrator where he led teams administering various investment strategies, including some of the biggest names in the venture capital industry.

Matt is obsessed with efficiency and enjoys designing elegant solutions to complex problems. He is an adventure seeker who loves hitting the slopes and single-track bike trails. He’s also into adventure travel, including jungle hiking and street food tours. In his down time, he likes to cook or read a book. Matt is currently based out of San Francisco.