What Vessel does
Vessel is a fund and investor management platform for venture capital and private equity general partners, covering LP sourcing, onboarding, reporting and compliance, plus an LP-facing portal for tracking co-investments and fund performance. The company says it uses generative AI, including models from OpenAI, to automate investor reporting, call preparation and compliance work, and runs on a subscription model with tiered pricing. Vessel was founded in 2022 by Thomas Terrats and Thierry Ajaltouni, both formerly of Teralys Capital, and BetaKit reports it serves more than 30 client firms.
How Vessel compares with its closest alternatives
None of the 5 closest alternatives has a free plan, and neither does Vessel. 3 of the 5 offer an API; FalcoScan's records show none for Vessel. Vessel offers a web app. Of the alternatives, all 5 offer a web app. Vessel was founded in 2022; the alternatives were founded between 2012 and 2021, 5 of them earlier. Vessel is based in Montreal, Canada; none of its 5 alternatives is in Canada. They are in Switzerland, Germany, the United States and elsewhere.