BY Ventures is a globally-focused seed-stage VC fund investing in early-stage tech companies from North America to Europe to the Middle East. With over 100 active investors and a rapidly growing portfolio of 100+ startups, BY needed a better way to communicate with LPs and manage reporting across borders and time zones.
They turned to Vessel to modernize their investor experience and scale their operational infrastructure.
Use case 1
Centralizing LP Reporting and Reducing Manual Work
Problem
Before Vessel, investor relations at BY Ventures was a heavily manual process. With 40 to 50 LPs per fund, Mada and her team spent countless hours responding to individual email requests, tracking down missing documents, and distributing updates one by one.
Solution
With Vessel’s LP Portal, BY now publishes:
Quarterly and annual reports
Capital call notices and confirmations
Real-time fund positions and portfolio data
LPs log in anytime to get what they need—no more back-and-forth.
Impact
Significant reduction in ad hoc LP emails
Always-on access for LPs across time zones
Seamless delivery of updates, even when the team is offline
Use case 2
Replacing Legacy Platforms and Building for Scale
Problem
Problem
BY’s previous co-investment platform was acquired and went dark, leaving the team with no way to manage transfers, subscriptions, or investor access. Everything moved offline, slowing down key processes and putting relationships at risk.
Solution
Vessel now serves as the central infrastructure for:
Fund reporting
Co-investment workflows
Future subscription and KYC processes
Impact
BY regained ownership of its investor workflows
LPs now expect everything to be on Vessel—from fund updates to deal flow
Greater reliability and independence from third-party vendors
Use case 3
Centralizing and Scaling Co-Investment Access
Problem
Co-investment distribution was fragmented and difficult to track. BY was using a separate platform for co-investment opportunities, which eventually went offline—disrupting workflows and making it difficult to give LPs a consistent experience across funds and deals.
Solution
Vessel allowed BY to bring co-investments into the same trusted platform as their fund reporting. LPs can now:
View active co-investment opportunities alongside fund updates
Access relevant documents in one branded interface
Indicate interest and follow up directly within the platform
Impact
What was once disjointed is now streamlined. LPs get notified about new opportunities and access everything in one place. The GP team no longer juggles emails or external tools.
Before Vessel
Reports sent manually via email
Investors contacted the team one-by-one
Disconnected platforms for co-investments
Legacy tools prone to outages and limitations
After Vessel
LPs access reports anytime via secure portal
Fewer inbound requests, more self-serve access
One central platform for all investor communication
Fully owned infrastructure with full visibility and control
Huge productivity gains across IR workflows
A professional, always-on LP experience
Independence from unreliable tools
Better LP engagement, education, and transparency
- Seamless implementation and rapid setup
- Designed for scale across global LP bases
- Team that listens and evolves the product with you
