# How King Tide Manages Its Venture Portfolio

> King Tide, a venture studio, tracks its studio companies, angel checks and fund positions in one Raziel workspace shared by all of its partners.

URL: https://raziel.co/customers/king-tide

King Tide

# A venture studio’s whole portfolio, in one place

King Tide, a venture studio, runs its startup portfolio, angel checks and fund positions from one Raziel workspace.

[Get started free](https://app.raziel.co/sign-up) [All customer stories](https://raziel.co/customers)

[Image: Headshot of James Richardson]

**James Richardson**COO, King Tide    King Tide

> We build companies, back founders and invest in funds. Raziel is the first place all three live together, so every partner sees the same numbers on the same day.

[Image: Headshot of James Richardson] **James Richardson** COO, King Tide

## At a glance

**Type**

Venture studio

**Segment**

Investor

**Person**

James RichardsonCOO, King Tide

**Website**

[kingtide.com (opens in a new tab)](https://kingtide.com/)

Features used

- [Portfolio dashboard](https://raziel.co/platform/portfolio-dashboard)
- [Valuations & returns](https://raziel.co/platform/valuations-and-returns)
- [SPVs & funds](https://raziel.co/products/spv-funds)
- [Workspaces & permissions](https://raziel.co/platform/workspaces-and-permissions)
- [AI document import](https://raziel.co/platform/document-import)

## The challenge

A venture studio holds a mix that most tools were not built for: equity in companies it helped start, angel checks into other founders, and LP positions in funds. At King Tide those lived in separate spreadsheets, cap table exports and quarterly PDFs.

Answering a simple question, like what the studio’s startup book is worth after a new round, meant rebuilding the picture by hand.

## How they use Raziel

- ### One portfolio for studio companies and angel checks
  Every company, SAFE and priced round sits in one dashboard with its cost basis, latest mark and documents.
  [Learn more: One portfolio for studio companies and angel checks](https://raziel.co/platform/portfolio-dashboard)
- ### Marks that update when a company raises
  When a portfolio company closes a round, the team records it once and Raziel re-marks the position and recalculates MOIC and IRR.
  [Learn more: Marks that update when a company raises](https://raziel.co/platform/valuations-and-returns)
- ### Fund performance next to direct deals
  LP commitments, capital calls and distributions are tracked per fund, with TVPI and DPI alongside the direct portfolio.
  [Learn more: Fund performance next to direct deals](https://raziel.co/products/spv-funds)
- ### Shared with the partners who need it
  Partners work in a shared workspace with roles, so everyone reads from the same source of truth.
  [Learn more: Shared with the partners who need it](https://raziel.co/platform/workspaces-and-permissions)

## The result

King Tide now reviews its studio companies, angel investments and fund positions in a single view, and portfolio updates take minutes instead of a spreadsheet rebuild.

Raziel’s founder, Jordan Rothstein, also works with King Tide.

Inside Raziel

## The tools behind *the story*

The Raziel features King Tide relies on, shown here with sample data.

Customer stories

## More customer *stories*

[All customer stories](https://raziel.co/customers)

- [Image: Smacktok]  Venture-backed startup
  ### Smacktok
  > “During a raise you are juggling hundreds of conversations, a cap table that keeps changing and investors who want updates. Having the pipeline, the updates, the metrics and the cap table in one place is what keeps the round moving.”
  [Image: Headshot of Jordan Rothstein] **Jordan Rothstein**CEO and Founder, Smacktok
  [Read the story](https://raziel.co/customers/smacktok)
- [Image: Oro Cap]  Real estate fund manager
  ### Oro Cap
  > “Raziel is the first platform that actually understands how we think about alternative assets. Our fund and my startup investments finally live in the same place, and reporting to our LPs looks far more professional.”
  [Image: Headshot of Brad Mindlin] **Brad Mindlin**CEO, Oro Cap
  [Read the story](https://raziel.co/customers/oro-cap)
- The Nucleus Network  Investment firm
  ### The Nucleus Network
  > “Raziel gave our team one source of truth across a very complex portfolio. Reporting that used to take days now takes minutes.”
  [Image: Headshot of Jake Fleshner] **Jake Fleshner**Co-founder, The Nucleus Network
  [Read the story](https://raziel.co/customers/nucleus)

Get started

## Run your portfolio the way they do

Bring every startup, SPV, fund and entity into one workspace, or run your raise and investor updates from one place.

[Get started free](https://app.raziel.co/sign-up) [Talk to sales](https://raziel.co/contact)

- [Download on theApp Store](https://apps.apple.com/us/app/raziel-portfolio-management/id6761929486)
- [Get it onGoogle Play](https://play.google.com/store/apps/details?id=com.raziel.android)