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Push Ventures
Advisory
Push Ventures
Services
Fund Setup, Fund Administration, Fund Accounting
Manager since
2017
Introduction
Push Ventures is a Vienna-based early-stage venture capital fund that invests in innovative startups across Europe. With a focus on technology-driven solutions, Push Ventures prides itself on identifying and supporting high-potential founders. As their portfolio grew, the fund sought a solution to streamline its back-office operations, ensure compliance, and maintain investor confidence. Push Ventures turned to Axiom for a comprehensive solution that allowed them to focus on their core mission: enabling the next wave of disruptive entrepreneurs.
The Challenge
Push Ventures faced several operational hurdles typical for early-stage funds:
- Administrative Overload: The fund’s small team needed to manage bookkeeping, compliance, and investor communications alongside deal sourcing and portfolio support.
- Regulatory Complexity: Ensuring AML/KYC compliance and staying updated with evolving regulations was time-intensive and required specialized expertise.
- Investor Transparency: Limited Partners demanded detailed, accurate, and timely reporting to track their investments and assess fund performance.
The Solution
Axiom partnered with Push Ventures to implement tailored solutions that addressed their specific needs:
- Bookkeeping & Accounting: Axiom’s platform ensured accurate financial records and prepared detailed statements, giving Push Ventures clarity and confidence in their operations.
- Compliance Management: Axiom handled AML/KYC processes, ensuring that all regulatory requirements were met without burdening the team.
- LP Reporting: Customized, professional reports provided Push Ventures’ investors with clear insights into fund performance, strengthening trust and transparency.
The Results
Since partnering with Axiom, Push Ventures has achieved:
- Streamlined Operations: Outsourcing back-office tasks to Axiom freed up the team to focus on deal sourcing and supporting portfolio companies.
- Regulatory Assurance: Axiom’s expertise ensured full compliance, minimizing risks and safeguarding the fund’s reputation.
- Enhanced LP Relationships: High-quality, timely reporting bolstered investor trust, laying the foundation for future fundraising success.
Conclusion
Axiom’s tailored solutions have empowered Push Ventures to operate more efficiently and focus on their mission of driving innovation. Whether you’re managing an early-stage fund or scaling an established portfolio, Axiom can help you streamline your operations and exceed investor expectations. Contact us today to learn how we can support your fund.