Provides a centralized platform for private fund management that integrates financial and operational data, replacing fragmented systems and manual processes. By automating complex tasks like capital calls, fee calculations, and reporting, it reduces calculation errors, mitigates risk, and enables real-time insights for CFOs and fund teams.
Funding
$24.4M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Private fund managers often struggle with fragmented systems and manual processes for managing financial and operational data. This leads to calculation errors, increased risk, and a lack of real-time insights, hindering effective decision-making.
Solution
Maybern provides a centralized platform designed to integrate financial and operational data for private fund management, replacing disparate systems and manual workflows. The platform automates complex tasks such as capital calls, distributions, waterfall calculations, and fee calculations, while ensuring data integrity through robust auditing and built-in controls. By unifying data from the general ledger and investor portal, Maybern delivers real-time insights and reporting capabilities, enabling CFOs and fund teams to streamline processes, mitigate risk, and focus on strategic initiatives. The system offers configurable workflows and a step-by-step breakdown of every calculation, enhancing transparency and accuracy.
Target Audience
The primary target audience includes CFOs, fund accountants, and senior management teams at private equity, venture capital, and other alternative investment firms.
Features
- Centralized data repository for consistent and reliable information across all aspects of fund management
- Automated workflows for capital calls, distributions, waterfalls, and fee calculations
- Real-time reporting and analysis capabilities for quick access to fund summaries and aggregations
- Configurable workflows to guarantee consistent calculations and strong controls
- Seamless integration between general ledger and investor portal data
- Role-based access controls to ensure data security and compliance
- Data export functionality to Excel for calculation verification