Introduction

Fund F, launched by Female Founders, is a venture capital fund dedicated to investing in women-led startups across Europe. The fund's mission is to close the gender funding gap and support innovative, high-potential businesses driven by female entrepreneurs. With a growing number of investors and a need for seamless operations, Fund F partnered with Axiom to streamline their bookkeeping, ensure compliance, and deliver exceptional investor reporting.

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The Challenge

As a purpose-driven fund with ambitious goals, Fund F encountered several operational hurdles:

– Complex Reporting Needs: Fund F’s LPs demanded detailed and transparent reports to ensure alignment with their impact and financial goals.

– Compliance Requirements: Adhering to AML/KYC regulations and managing diverse investor profiles required precision and expertise.

– Operational Efficiency: With a small team focused on deal sourcing and portfolio support, managing back-office tasks was challenging.

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The Solution

Axiom provided Fund F with tailored solutions that addressed their specific challenges:

– Bookkeeping & Accounting: Axiom implemented an efficient bookkeeping system to track financial transactions and prepare accurate statements, aligning with Fund F’s impact-focused goals.

– LP Reporting: Customized, transparent reports showcased financial performance and the social impact of Fund F’s investments, meeting the expectations of their values-driven LPs.

– AML/KYC Compliance: Axiom managed all due diligence processes, ensuring compliance with regulatory requirements and safeguarding the fund’s reputation.

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The Results

Since partnering with Axiom, Fund F has seen significant improvements in their operations:

– Streamlined Operations: Fund F’s team has more time to focus on sourcing and supporting women-led startups, thanks to Axiom’s handling of back-office complexities.

– Enhanced Investor Trust: High-quality, impact-oriented reporting has strengthened relationships with LPs and attracted new investors.

– Regulatory Confidence: Axiom’s expertise ensured full compliance, eliminating potential legal risks and delays.

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Conclusion

Axiom has enabled Fund F by Female Founders to achieve operational excellence while pursuing their mission to drive gender equality in venture capital. By simplifying fund management, Axiom helps purpose-driven funds like Fund F focus on making a real difference. Ready to streamline your fund operations? Contact us today to learn how Axiom can support your mission.

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