How 100 venture firms run their stack

Adoption rates: how many of the 100 run each category

One sentence per column, ordered by evidenced adoption. Every share is over the whole panel of 100, never over the firms we happen to have found something for, so a number here cannot move just because the harvest advanced. Each column links to the guide that reviews that category by name.

1. Banking and treasury

   73 of 100 · 73%

   73 of the 100 tracked firms run a dedicated banking or treasury platform. 0 more evidence the category without a platform named. 0 were checked and named nothing. 27 have not been reviewed for this column yet.

   The bank or treasury provider holding management-company and fund cash, including custody of undrawn commitments.

2. Fund administration

   61 of 100 · 61%

   61 of the 100 tracked firms run a dedicated fund administration platform. 23 more evidence the category without a platform named. 16 were checked and named nothing. 0 have not been reviewed for this column yet.

   Administration of the funds themselves, whether run on in-house software, delegated to a third-party administrator, or both at once.

   Fund administration: the guide that names the platforms →

3. LP reporting

   29 of 100 · 29%

   29 of the 100 tracked firms run a dedicated LP reporting or investor portal platform. 18 more evidence the category without a platform named. 52 were checked and named nothing. 1 have not been reviewed for this column yet.

   The investor portal and the quarterly pack: capital account statements, notices, and the surface an LP logs into.

   LP reporting: the guide that names the platforms →

4. Deal CRM

   16 of 100 · 16%

   16 of the 100 tracked firms run a dedicated deal CRM platform. 0 more evidence the category without a platform named. 49 were checked and named nothing. 35 have not been reviewed for this column yet.

   The system of record for deal flow and the firm's relationships: pipeline stages, meeting notes, and the network a warm introduction is routed through.

   CRM: the guide that names the platforms →

5. Sourcing and market data

   12 of 100 · 12%

   12 of the 100 tracked firms run a dedicated deal-sourcing or market-data platform. 3 more evidence the category without a platform named. 3 were checked and named nothing. 82 have not been reviewed for this column yet.

   The platforms a firm buys to find and qualify companies it has not met: private-company databases, signal feeds, and market intelligence.

   Deal sourcing & data: the guide that names the platforms →

6. Data room

   9 of 100 · 9%

   9 of the 100 tracked firms run a dedicated data room platform. 2 more evidence the category without a platform named. 39 were checked and named nothing. 50 have not been reviewed for this column yet.

   Controlled document sharing for diligence and for LP due-diligence requests, with per-file access and an audit trail.

   Data rooms: the guide that names the platforms →

7. Portfolio monitoring

   7 of 100 · 7%

   7 of the 100 tracked firms run a dedicated portfolio monitoring platform. 8 more evidence the category without a platform named. 0 were checked and named nothing. 85 have not been reviewed for this column yet.

   Collection and tracking of portfolio-company metrics after the cheque clears, as distinct from reporting those metrics onward to LPs.

   Portfolio monitoring: the guide that names the platforms →

8. AI tooling

   4 of 100 · 4%

   4 of the 100 tracked firms run a dedicated AI platform. 5 more evidence the category without a platform named. 0 were checked and named nothing. 91 have not been reviewed for this column yet.

   Products carrying an AI capability used inside the investment or operations workflow. A category description; where our own product appears in it, it is labelled as ours.

9. Fund accounting

   1 of 100 · 1%

   1 of the 100 tracked firms run a dedicated fund accounting platform. 44 more evidence the category without a platform named. 38 were checked and named nothing. 17 have not been reviewed for this column yet.

   The general ledger, capital accounts, allocations, and the books an audit is run against.

   Fund accounting: the guide that names the platforms →

10. Portfolio equity

    0 of 100 · 0%

    No firm in the panel is yet evidenced running a dedicated portfolio equity or ownership-tracking platform. 100 of 100 firms have not been reviewed for this column, so this is a gap in the research and not a finding about the firms.

    Tracking of the firm's own ownership positions across the portfolio: share counts, dilution, and rounds after the fact.

    Cap tables & equity: the guide that names the platforms →

How many tools a venture firm actually runs

Two of the most-asked questions in this category have never been answered with current data. Both are answered here off the grid above, and the third is not answered at all.

Stack maturity: consolidated, assembled, or spreadsheet-led

What is a venture capital tech stack?

How much does a venture capital tech stack cost?

Which CRM does a named venture firm use?

Methodology and freshness

100 venture firms: the 50 VC Beast firm profiles with the most Google impressions 2026-06-01..07-31 (pre-prune window); then marquee venture firms in the directory not already included; then the largest remaining venture firms by disclosed AUM. Sovereign, hedge, crossover, growth-equity arms of banks and corporate investors excluded; duplicate profiles collapsed by name; all published and indexable in Sanity.

The evidence ladder, ranked

Every observation carries a fetched URL, a verbatim quote and an access date. Where two observations land on the same cell, the stronger presence class wins outright; then the higher stated confidence, then the later review date, then a row that says in its own note that it replaces an earlier reading, and only then the higher rung of this ladder. Two lanes reading the same element are collapsed to one observation. No rung promotes a presence state, so nothing on this list can turn an inference into a confirmation.

1. 1vendor customer page A vendor's own customer page naming the firm.
2. 2vendor case study A named case study: the vendor asserting the relationship on the record, with a date.
3. 3firm site The firm's own site: an operations, team or diligence page.
4. 4job post A firm job posting naming the function or the tool as a requirement.
5. 5lp portal domain An LP portal subdomain resolving to a provider.
6. 6press release A dated announcement, including undated logo walls reproduced in one.
7. 7regulatory filing A service-provider disclosure in a regulatory filing.
8. 8podcast or interview A named operations or platform lead describing the stack directly.
9. 9third party article A third-party write-up. A lead to chase back to a primary source, never the source.

What counts as confirmed

A source that names this firm and this category, is dated, and was fetched. An inferred cell is a strong indirect signal — an LP portal subdomain, a job post naming a tool — and is counted separately in the data even though it renders in the same tier. Both are published; neither is smoothed into the other.

How often this is updated

Quarterly: every source URL is re-fetched, each cell’s review date is updated, and every number on this page is recomputed from the artifact rather than edited. This edition was generated September 21, 2026 from 773 evidence rows across 6 files; 709 were accepted, 197 were superseded by a stronger row on the same cell, and 0 were rejected for naming a firm outside the panel or a category outside the ten. Source of record: scripts/data/vc-tech-100/tech-100.json.

What this data cannot tell you

• An unobserved cell is not a statement that the firm lacks the function. It means no public source we checked named one, or that we have not checked yet, and the CSV keeps those two apart.
• A vendor’s customer page is marketing, and it is dated by the vendor rather than by us. A logo wall proves a relationship existed when it was published, not that it persists.
• Nothing here measures spend, satisfaction, contract length, or whether a tool is used well. It measures whether a source ties a firm to a category.
• Found an error in your firm’s row? The correction log and how these pages are made are both public.

Claim your firm’s row

A claim is free and is verified, because a firm is the subject of this research rather than an advertiser in it. A claimed row can confirm a cell, correct one, decline one, or disclose the firm’s own tools — and a name the firm discloses about itself renders on the page, attributed to the firm. That is the one route by which a vendor name reaches this page without a payment, and it is deliberately the cheapest one.

How to claim a Tech 100 row →

Sponsor a category

One slot per column, labelled where it renders. What it buys is narrow: the display of a vendor’s name on cells where a confirmed observation already names it. It cannot create a cell, change a mark, or move a denominator — the adoption counts above are computed before any sponsorship is read, and a column with no confirmed cells is not inventory. There is no editor’s pick on this page to buy; the category guides carry the picks, the Tech 100 carries the counts.

Category sponsorship → What sponsorship can and cannot change