For venture funds
The back office for venture funds.
Capital calls across a long roster of LPs, quarterly capital accounts, and the investor updates that drive re-ups - run for you, so a lean GP team can stay focused on deals.
Fund level NAV
41,806,000.00
Sum of 22 LP capital accounts
41,787,580.00 · 18,420.00 out
41,806,000.00
Two counts of the same money, agreeing
Fund level net asset value drawn as one bar, and the sum of twenty-two limited partner capital accounts drawn as a second bar beneath it. The second is short by eighteen thousand four hundred and twenty. It closes, both counts read the same figure, and a rule is drawn under them.
Ties out to 0.00
The quarter does not close until the two counts agree. Finding the difference is the work.
You value the portfolio. We build everything it feeds.
Capital accounts, done right
The call cycle and LP reporting handled by people who speak capital accounts and SPV mechanics - not a generalist VA learning your fund on the fly.
One monthly rate
From $800/mo, everything included. No per-LP fees, no hourly billing, no surprise scope.
On time, every time
Calls close in days and updates land monthly, so LPs see a fund that runs like one twice its size.
A lean GP team ends up running the back office between deals - calls, capital accounts and updates land on the partner who can least spare the hours.
The LP pack goes out, from a draft that lands about day 30
Investor updates on a cadence LPs can count on
Records migrated out of the systems you already run
Notices sent, money moved or marks produced by us
4 things leave your desk.
You value the portfolio.
Judging what a portfolio company is worth is the GP's job, and claiming it would be dishonest. We build everything the valuation feeds and we do not make the call.
Hand off the back office in three steps.
One monthly rate and a simple queue. You drop in the work and approve what matters. We handle the rest.
Request
Message the work and drop your files. No forms, no scoping calls. We take it from there.
We run it
The work gets done and reconciled, on the cadence each task needs.
You approve
You sign off at the moments that matter. Pause or cancel anytime.
From chasing it to done for you.
We do the work. You verify it.
- Assemble, chase, check, feed, prepare, reconcile, compute and present, on the cadence each task needs.
- Hold the dates: the administrator's draft, the LP pack, the auditor's list, the filing.
- Say on the first call which jobs your stack makes easy and which it makes impossible.
- Your fund administratorProduces the capital account statements and the NAV, and remains the party licensed to do so.
- Your auditorTests the numbers and opines. We prepare what they ask for.
- You, the general partnerSign, admit investors and move money. Every one of those stays yours.
We do the work. You verify it. If anything on this site reads as though we sign, opine, certify, admit or determine, it is wrong however good it looks.
What we ask on the first call
The answers decide whether this is two hours a month or not something we should take on. You get that on the first call rather than the third.
- 01Who produces your numbers today, and who checks them?
- 02What has to be out of the door on a date, and which date?
- 03What holds your data, and who can authorise access to it?
- 04Who signs before anything reaches an investor or a client?
Your systems stay the system of record.
Your administrators, custodians and accounting systems keep the books. Trestora handles the recurring work that runs on top of them, inside the access you already have. We hold no accounts and no signing authority.
Run by people who have run these back offices, not learned them on your account.
We work inside the platforms you already use.
Brokers, custodians and fund tools. We connect to your existing setup and automate on top of it. No rip and replace.
Pricing
Two ways to work with us.
Have us run the recurring back office, or have us build you a system you own. We are what makes the administrator you already pay for usable by a two-person firm.
We run your back office
What moves it: how many entities, how many LPs, and what your positions sit on.
Done-for-you operations, handled on the cadence each task needs, for investment firms of any size.
- Your administrator's draft lands day 30. Our pass is done by day 34. Your LP pack goes out day 45.
- Your auditor's list closed before 31 December, not reconstructed in March.
- No per-LP fee. No charge per capital call. No add-on for an extra SPV.
- A dedicated operator who knows your firm
- Works inside your existing stack: custodians, QuickBooks, Sheets
- One monthly rate, no hourly billing. Pause or cancel anytime.
We build it, you own it
We scope and build the automations that run the work. You own the system outright, and it keeps running without us.
- A scoping call to map the workflows worth automating
- Custom automations built to your firm's process
- You own the system: no lock-in, no per-seat fees
- A custom dashboard over the systems we connect
- Full handover so your team can run it
- 3 months of maintenance and support included
- Optional care plan after, at a reduced monthly rate
Yes. We run the call cycle and reporting across your funds and SPVs, keeping each vehicle's capital accounts clean and its LPs informed.
Run it or build it. Both start here.
Join the waitlist.
We are taking a small number of firms to begin with. Leave your email and we will come back with what we would handle, on what cadence, and what it costs.