The VC platform role has grown in popularity over the past five years. But many VCs viewed it as a "nice to have" when they needed a differentiation factor.
A platform role in VC plays a pivotal role in developing and growing portfolio companies. It also enables the VC firm to stand out from the crowd as the competition gets fierce with each passing day.
Venture Capital (VC) platform is a department within VC firms that encompasses a wealth of different functions and goes by a multitude of names. Depending on the VC and its goals, it might be known as community, business development, network, talent management, or portfolio success.
Private equity and venture capital both share the goal of generating attractive returns for investors, but, as you now know, they operate in different spheres and boast distinct investment strategies, target companies, and risk profiles.
As a Head of Platform in venture capital, you'll be responsible for a wide range of tasks, including managing relationships with portfolio companies, building and scaling programs that support portfolio growth, and working with the investment team to identify new opportunities for investment.
The complexity of vendor management requires a concerted effort to implement robust vendor management solutions and best practices across portfolio companies.
By embracing this digital transformation, you position your firm for success in an increasingly competitive landscape.
From centralized vendor management to strategic decision support, the impact reverberates across the entire operational landscape.
See how Proven can help your firm leverage digital technology to improve and monitor performance with vendors.
Like any small business, private equity firms, especially smaller-sized ones, must make use of creativity, strategic plans, and a holistic perspective to fuel their investments.
To achieve this, you need to have strategic, operational developments and a roadmap that guides you toward success.
We’ll take on the grunt work of onboarding and verifying vendors and managing benefits and deals. You help your portcos make smarter decisions.
Sounds too good to be true? See Proven in action.
