Velvet
The traditional process of investing in private funds is tedious, difficult, and expensive. We’re here to make private funds simple and transparent.
Velvet works with your data, your companies, and your files to augment your workflow like you’ve hired a new associate. Save 25% of your time using the first AI built specifically for VCs.
Have a question regarding Velvet?
Contact Velvet directly, or opt for discretion with our private exploration option and take advantage of a free 20-minute consultation with the Simple team to thoroughly explore your service requirements.
Product
Get an overview of what Velvet does.
Main Tasks
- Asset managers
- Consolidated reporting
- Digital due diligence
- Fund & External manager
- Technology provider
Top features
- Digital Excellence
- Full Multi-Currency Support
- Transparency
- Visionary Purpose
Assets supported
- Private equity & Direct investments
- Private equity funds
- Private equity
- Direct private equity
- Venture capital
Compliance
- GDPR
Whitelabel
- No
Type Of Software
- SAAS
Ecosystem
- N/A
Integrations
- N/A
Mobile App
- No
Type of data
- Holding level
Accuracy
- Velvet AI is able to extract key data fields from unstructured documents like pitch decks, emails, and legal documents and structures that extracted data into consistent formats.
Custodians
- 1
Time to new custodian
- 2 weeks
Multi-currency
- Based on holding/position data
Rates
- Velvet offers usage-based billing with minimums ranging from $500 USD to $5000 USD.
Regulated
- No
Cost structure
- Flat fee
Key Company Information
Have a look at the company, clients, and references to learn whether this is a match for you.
Employees
- 11-50
Founded
- 2019
Locations
- United States of America
Ownership
- Owned by management
Focus
- Single family offices
Secondary focus
- Individual wealth owners
- Single-family offices
- Multi-family offices
- Investment & Financial Advisors (RIAs/IFAs)
- Fund managers
- Foundations
Support & Services
Learn what support and services you can expect
Support options
Dedicated contact
Pricing of support
Free support
Onboarding
1 week
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