Purser is the AI operating system for emerging UK VC managers. It handles LP onboarding, capital calls, portfolio reporting, and regulatory filings — so you can spend your time on what creates returns.
Design partner programme for emerging UK managers. No credit card.
The best GPs win on deal quality, portfolio support, and LP relationships — not on admin. Purser handles the ops so you can focus on the 20% that actually moves the needle.
Institutional-quality LP reporting, on time, every quarter. LPs who receive exceptional reporting re-up. LPs who receive Excel attachments at month-end don't.
Purser lets a two-person team operate like a full ops function. Deploy the savings into sourcing, advisors, or portfolio support — where they compound.
Every task that currently consumes your team's time — Purser handles end to end, with GP review before anything goes out.
Digital subscription documents, KYC/AML checks, e-signatures, and LP portal access — automated. New LP onboarded in 48 hours.
AI calculates drawdown amounts, drafts notices for each LP, sends them, tracks receipt, and confirms at close. You approve in one click.
AI pulls portfolio data, applies your valuation policy, and produces a GP-ready NAV report. Monthly, automated, no analyst needed.
AI drafts the full quarterly LP letter from fund data. You review and approve in 20 minutes. Reports go out on schedule, every quarter, without fail.
AI sends structured data requests to portfolio companies, chases non-responders, validates submissions, and compiles the MI pack — automatically.
Weekly fund dashboard for the GP team: cash position, portfolio KPIs, LP status, upcoming obligations. One source of truth, always current.
Annex IV, FATCA, CRS — AI prepares filings from fund data. Compliance officer reviews and submits. Regulatory burden drops from weeks to hours.
AI organises work papers, responds to auditor data requests, and produces an audit-ready trial balance — reducing external audit costs materially.
Start with SPVs for early deals, scale into a fund. One platform, one LP experience. Your earliest investors follow you into Fund I without any migration.
The best fund managers use operational leverage to spend more time on what matters — not to cut their admin bill. Here's what that looks like in practice.
LPs judge emerging managers heavily on professionalism and communication. Institutional-quality quarterly reports, sent on time, build the trust that converts a Fund I LP into a Fund II anchor. Purser makes that standard, not exceptional.
When you have clean, consistent monthly KPIs from every portfolio company, you spot problems earlier, identify follow-on opportunities faster, and write better board memos. That translates directly into portfolio performance.
Every hour your team spends on admin is an hour not spent on sourcing, reference calls, or portfolio company support. The funds that win over a decade win on the quality of attention they give to their best bets.
Larger LPs — family offices, endowments, funds-of-funds — require institutional-quality reporting before they'll even take a meeting. Purser gives you the infrastructure to credibly approach these LPs from Fund I, not Fund III.
Every screen is designed around one principle: give the GP a clear view, fast approval, and confidence that nothing is falling through the gaps.
You set the drawdown amount and close date. Purser calculates each LP's call, drafts the notices, sends them out, and tracks receipt — chasing automatically if funds haven't arrived by the deadline.
Purser drafts the full quarterly LP letter from your fund data — performance narrative, portfolio company updates, market commentary, and key metrics. You review, edit if needed, and approve. It goes out on schedule.
Purser drafted this section from fund data and portfolio company submissions. GP review time: ~18 minutes. Click any paragraph to edit inline before sending.
Purser sends structured data requests to every portfolio company at the start of each reporting period. Founders complete a short web form. Purser validates and compiles. You get clean, consistent data — without chasing anyone.
"We're a two-person team managing a £12M fund. We spend more time on capital calls and LP reporting than on actually supporting our portfolio companies. That's backwards."
"Every quarter I spend two weeks chasing portfolio companies for KPIs, writing the LP letter, reformatting it in Word. There's no reason a machine couldn't do 80% of that."
"Our biggest LP told us they re-upped into Fund II partly because our reporting was the best they received across their portfolio. That's the bar now — and it takes real infrastructure to hit it consistently."
"The family offices I want to bring into Fund II ask for institutional-quality reporting from day one. With our current setup we can't credibly show them that. It's a real barrier to the next level."
Design partner programme open for emerging UK managers in 2026.