For 25 years, Genesys Capital has been one of Canada’s leading early-stage venture firms dedicated to life sciences. With funds across multiple vintages and a growing LP base of institutional investors, family offices, and high-net-worth individuals, the firm has built its reputation on technical excellence and transparent stewardship.
But reporting life sciences investments — especially across complex scientific and financial dimensions — creates unique challenges:
Not all LPs have a background in biotech
Many require tailored communication
And as fund complexity grew, so did the cost of manual reporting
But as the firm scaled to four active funds, reporting became increasingly complex:
LPs had different preferences (tax, deal, IR contacts)
Email-based workflows led to missed updates and duplication
The biotech sector required added explanation for non-technical LPs
This wasn’t just an operational problem. It was a threat to the LP experience Genesys had worked hard to build.
As the fourth fund launched, Jennifer knew something had to change. The volume of reporting, the rise in special LP requests, and the need for clarity — especially in a technically complex sector — made legacy methods unsustainable.
Through a trusted advisor and peer firm reference, Genesys discovered Vessel.
Vessel transformed the firm’s investor relations in four key ways:
Reporting became scalable: Instead of manually sorting contacts and reports, Jennifer’s team now uploads once and tags by LP role (IR, tax, legal).
Engagement became self-serve: LPs log into a clean portal to see key fund metrics and download relevant documents — on their time, not the GP’s.
Communication became tailored: Whether the LP is a biotech expert or a generalist allocator, the right level of information reaches the right person.
Time was given back: The team now spends less time formatting and chasing down document requests — and more time preparing strategic updates.
Before Vessel
Manual report distribution via email
Repetitive questions from LPs about missing info
Hours spent sorting which documents go to which LP role
Reporting felt “pushed” from the GP side
Reporting felt “pushed” from the GP side
After Vessel
LPs access all reports securely in a self-serve portal
Fewer inbound requests thanks to real-time access
Documents auto-tagged and filtered by role (IR, tax, legal)
Dynamic experience with fund metrics and structured updates
LPs can pull what they need, when they need it
Here’s why Genesys would recommend Vessel to other emerging or established GPs:
Blazing-fast onboarding, even in the middle of a fund cycle
Vessel’s AI file organizer eliminates manual folder sorting and tagging
LPs love the experience — calling it “slick,” “easy,” and “intuitive”
Dedicated WhatsApp channel made the Vessel team reachable 24/7 for anything we needed
The Vessel team feels like an extension of ours — responsive, thoughtful, and product-forward.
Whether you’re managing three funds or scaling to seven, Vessel adapts to your stack — and upgrades the LP experience from day one.
