King Tide Venture studio
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.”
James RichardsonCOO, King Tide The Nucleus Network
SPVs and fund investments, reconciled
Michael Axman and Jake Fleshner of The Nucleus Network manage their SPVs and fund investments in Raziel.
Raziel gave our team one source of truth across a very complex portfolio. Reporting that used to take days now takes minutes.
Jake Fleshner Co-founder, The Nucleus Network The challenge
Nucleus invests through SPVs and LP positions in funds. Every vehicle sends its own capital calls, distribution notices and K-1s, and keeping commitments, called capital and NAV straight across all of them was a quarterly scramble.
How they use Raziel
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Every SPV and fund in one list
Each vehicle tracks its commitment, capital called, distributions and NAV, with the underlying company mapped to each SPV.
Learn more: Every SPV and fund in one list -
Capital calls and distributions on time
Calls are logged with amounts and due dates, and distributions update DPI as they arrive.
Learn more: Capital calls and distributions on time -
Statements read for them
Capital account statements and notices are forwarded to Raziel, which pulls out the amounts and dates.
Learn more: Statements read for them -
One workspace for the partners
Both partners work from the same portfolio with shared access.
Learn more: One workspace for the partners
The result
Nucleus reports on its SPVs and fund positions from one place instead of reconciling statements by hand each quarter.
Inside Raziel
The tools behind the story
The Raziel features The Nucleus Network relies on, shown here with sample data.
Customer stories
More customer stories
- Read the story James RichardsonCOO, King Tide
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.”
Read the story
Jordan RothsteinCEO and Founder, Smacktok 
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.”
Read the story
Brad MindlinCEO, Oro Cap
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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.