Portfolio operating software for fund managers and family offices
Close your quarter in 3 days, not 3 weeks.
Covio pulls financials directly from your portfolio companies’ accounting systems, standardizes them, ties them to live public comps, and builds your LP report. No email chase. No re-keying. No mark you can’t defend.
A 20-minute walkthrough, on your use case.
Or see exactly how portco data gets in — the part every vendor hand-waves.Built for funds with 5–25 portfolio companies. Live in weeks, not the 4–9 months institutional platforms take.
You already know how the next quarter-end goes.
The email goes out to every portfolio company CFO. Then the reminders. Then the phone calls. The financials come back late, in eleven different formats, and someone on your team spends the next two weeks re-keying them into the model — introducing the errors your auditor will find in February.
Then the marks. Comp sets pulled by hand into a spreadsheet that was current three weeks ago. Then the LP report, rebuilt from scratch, again.
Across the industry, portfolio monitoring teams lose two to three weeks every quarter to this. At a 10-company fund, that’s a full quarter of one professional’s year spent moving numbers between files.
You’re not behind because you lack analysts. You’re behind because your portfolio companies have no reason to report and no easy way to do it — and every tool you’ve priced assumed you had a $2B fund’s budget to fix that.
Data in. Marks defended. Report out.
01
Your portcos report without doing anything.
Covio connects directly to each portfolio company’s accounting system — QuickBooks, NetSuite, Xero — and pulls the financials on your schedule, not theirs. No portal for their CFO to remember. No template to fill out. A one-time, 15-minute connection per company, and quarter-end collection stops being a human process.
02
Every number lands standardized and traceable.
Revenue is revenue across all your companies, mapped to your KPI definitions once and applied every quarter. Every figure traces back to its source, so when the auditor asks where a number came from, the answer takes one click, not one afternoon.
03
Marks and LP reports build themselves.
Each company’s live financials sit next to a maintained public comp set — same screen, same refresh. Your quarterly marks come out with the methodology attached. Your ILPA-aligned LP report and fundraising tear sheets generate from the same data, formatted, in minutes.
What actually changes.
For the partner raising the next fund
Report like a fund ten times your size.
LPs read your data infrastructure as an operational due diligence signal. When your quarterly letter arrives on time, tied out, with marks that reference live comps and a methodology they can audit — you look like the platform they can trust with a bigger commitment. In a market where the largest funds absorb nearly half of all capital raised, an emerging manager’s reporting is part of the pitch.
For the CFO who owns the close
Marks your auditor signs off on the first time.
Every valuation links to source financials and a documented comp set as of the mark date. No orphaned spreadsheets, no “where did this multiple come from,” no February scramble. Longer holds and continuation vehicles mean each asset gets re-marked more times than ever — make each one repeatable instead of reinventing it.
For the ops-light team
See trouble between board meetings, not after.
Covenant proximity, cash runway, KPI deceleration — flagged against your thresholds and benchmarked across your portfolio the week the data lands, not 90 days later in a board deck. When returns are built operationally, finding the problem two quarters early is the return.
Direct investments, without hiring a monitoring team.
You invest directly, but you don’t run a fund’s back office — and you shouldn’t have to. Covio gives a two-person family office the same automated collection, standardized reporting, and defensible valuations a staffed GP gets, with no one assigned to chase operating companies for numbers. Your principals see current data on their largest illiquid positions instead of making allocation decisions on a six-month-old view.
“Our portfolio companies will never actually connect.”
They will — because we removed the part they hate. Covio doesn’t ask a portco CFO to adopt your software, log into a portal, or fill out a quarterly template. It asks for one 15-minute authorization to a system they already use, once. After that, reporting costs them nothing.
And they get something back: every connected company receives its own view — their numbers, benchmarked, clean — so the connection reads as a service, not surveillance. For new deals, we give you the reporting language for your side letters so the obligation is contractual from day one.
If a company can’t connect — carve-outs, unusual systems — Covio still ingests whatever they send and standardizes it automatically. The chase ends either way.
Priced for the fund you are, not the fund you might become.
Institutional platforms start around $50K and run past $500K a year, with implementations measured in quarters. That math works at $2B AUM. It doesn’t at $200M — which is why funds your size are still on Excel.
Covio is priced per portfolio company, scales as you deploy, and is live inside a month. You’ll know the exact number in the first conversation — no “contact sales” opacity, no modules that triple the quote later.
Built with funds like yours, in the open.
Covio is being built hands-on with a small group of design-partner funds — lower-middle-market GPs and direct-investing family offices who wanted institutional-grade monitoring without the institutional price. We’ll show you their live workflows (anonymized) in the walkthrough: real collection runs, real marks, real LP reports.
Your next quarter-end is already scheduled. Decide how it goes.
Twenty minutes. We’ll connect a sample company live, show you the mark workflow, and generate an LP report in front of you. If it’s not obviously faster than what you do now, you’ll know in the first five minutes.
No deck. No discovery call. A working product, on your use case.