Evidence-first venture intelligence
Intelligence your investment committee can actually check.
Venture Track monitors your portfolio and pipeline across news, research, policy, filings and analyst coverage, then turns those signals into analysis where every claim carries a citation back to the source.
No hallucinated comps. No unsourced numbers.
30 days free. No card required.
Signal · as it appears in the product
Proposed rule would require disclosure of automated underwriting factors
Draft guidance sets a 90-day comment window and would extend adverse-action notice requirements to model-derived factors.
Touches two holdings that underwrite with proprietary models. Compliance cost is bounded; the disclosure requirement is the material change.
ECHO-4471 is the provenance ID. Every claim built on this signal carries it, and it resolves to the stored source. Illustrative data, fictional companies.
01 — The problem
Every research tool now writes confident paragraphs. That’s the problem.
Generative tools will produce a market sizing, a competitive set and a risk summary for any company you name. They do it in seconds, and they sound authoritative whether or not the underlying facts exist.
That is fine for a first pass. It is not fine when the output goes into a memo that moves money, because the work of checking falls back on the analyst — and checking an unsourced claim takes longer than finding it yourself.
Venture Track works the other way around: evidence first, then analysis.
A generic research assistant
0 sourcesThe embedded-underwriting market is growing quickly, with several well-funded entrants and a favourable regulatory outlook. Incumbents are expected to consolidate over the next 18 months.
Three claims. Nothing to open. The analyst re-does the work.
Venture Track
3 sources, all resolvableFour funded entrants raised a combined $180M in the last two quarters ECHO-4471. Proposed disclosure rules are in a 90-day comment window ECHO-4488. One public comparable filed at a 4.2x forward multiple SNAP-0912.
Three claims. Three IDs. Each opens the document it came from.
02 — Provenance
No citation without verification.
That rule is enforced in the architecture, not in a prompt. If a claim cannot be traced to verified evidence, it does not get made.
Memo excerpt — Vantage Loom, Series B
click a citation
Category funding accelerated through the last two quarters, with four venture-backed entrants raising a combined $180M. The regulatory picture is unsettled: proposed disclosure requirements for model-derived underwriting factors entered a 90-day comment window. On comparables, the nearest public issuer filed at a 4.2x forward revenue multiple, which sets a defensible floor for our entry price.
Resolved source
Vantage Loom closes $34M Series B; three category peers raise in same window
Round led by Ardent Partners at a reported $210M post-money. Coverage lists three concurrent raises in embedded underwriting totalling a further $146M.
- Publisher
- Ledger Weekly
- Published
- 14 Jul 2026
- Salience
- 68%
- Provenance ID
- ECHO-4471
Illustrative data. Fictional companies and publishers.
03 — Coverage
six source classes, across 12 countries.
Monitored continuously and scored for salience against your book, so what surfaces is what moved — not everything that mentioned a portfolio company by name.
News
Global press and trade media, resolved to the canonical publisher URL.
Research
Preprints and peer-reviewed work touching a holding’s core technology.
Policy
Regulatory dockets, federal register notices and grant awards.
Analyst Rating
Coverage changes on the public comparables you track.
Social
Practitioner and developer discussion, weighted low by default.
SEC Filing
EDGAR filings, stored as snapshots so the figures stay citable.
What the salience score is made of
Not one opaque number. Each signal is scored on three axes, and the components travel with it so you can see why something ranked where it did.
Novelty
Whether this is genuinely new or a restatement of something already in the corpus, measured semantically rather than by headline match.
Impact
The weight of the entities and markets involved — a rule touching two holdings scores differently from one touching none.
Source trust
Publisher quality from a tiered whitelist. A premium outlet and an aggregator do not carry the same weight.
Before scoring, the same story across twenty outlets is collapsed to one signal and resolved to the company it concerns — so a busy news day does not read as twenty separate events.
Coverage follows what you track.
A watchlist is not only a filter. The terms you put in one become targeted queries the ingestion layer runs on a schedule, so tracking a company or a thesis actively pulls more sourcing toward it.
Coverage of a thin area gets denser because someone is watching it, not because we guessed the category was interesting. A quiet corner of your book is an instruction, and the corpus reshapes around the theses our customers are actually underwriting.
04 — The product
See it working.
Three of the surfaces your team lives in. These are the real screens, with illustrative data.
Workspace
Meridian Ventures
Welcome back, Sarah Chen
Recent Portfolios
Your most recently created portfolios
Fund III — Core
ACTIVELead and co-lead positions, 2024 vintage onward
28 companies • Created 14/02/2026
Seed Watch
ACTIVEPipeline we are tracking pre-term-sheet
21 companies • Created 03/03/2026
Illustrative data. Fictional firm, companies and events.
05 — Capabilities
More than a signal feed.
Monitoring is the engine. The rest of the workspace is where diligence, analysis and the record of a company actually live.
Company search
Search for any company and add it straight to a portfolio. Results are validated before they land, so the record starts clean.
Portfolio management
Group companies by fund, vintage or thesis. Each portfolio keeps its own company list and its own alert stream.
Watchlists
Track a company, an industry or a thesis. Start from a recommended set of filters that shows what it currently returns, or build your own — and what you track steers what gets sourced.
Market analysis
Run a full analysis on any company: market sizing, competitive landscape, five forces, unit economics, thesis and exit routes. Prints as a report.
Document upload
Attach pitch decks, financials and diligence material to a company. Stored against the record and available to analysis and chat.
AI chat
Ask questions about the book in plain language. Answers draw on that company’s documents, signals and analysis, with sessions kept per company.
One page per company
Overview, your position, incoming intelligence and the analysis, in four tabs. Documents and chat history sit alongside.
06 — How it works
Four steps, then it runs on its own.
One company, start to alert
Your book
Vantage Loom
Fintech • Fund III
Halcyon Bio
Biotechnology • Fund III
Northwind Grid
Clean Energy • Fund II
Holdings and pipeline names sit side by side, across funds.
Monitored continuously
Echo
scores each signal against your book
What surfaces is what moved — not every mention of a name.
What reaches you
Disclosure rule enters 90-day comment window
Vantage Loom closes $34M Series B
Act now — Northwind Grid
Bridge round priced below your Fund II entry.
In your memo
Disclosure rules entered a 90-day comment window ECHO-4488
Add your book
Import portfolio companies and the pipeline you are watching, grouped into as many portfolios as your funds need.
Signals start flowing
Watchlists monitor each company across every source continuously, and the terms you track become targeted queries the ingestion layer runs — so coverage of your book gets denser over time. Salience scoring decides what reaches you.
Evidence accumulates
High-salience signals are verified and stored with provenance IDs, building a citable record for each company over time.
You get told when it matters
Act-now alerts in real time; everything else batched into a digest on your schedule. Analysis on demand, drawing on evidence already collected.
07 — Use cases
What teams use it for
- Diligence that holds up
- Build the evidence base for an investment memo with every claim already sourced.
- Portfolio monitoring
- Know about the down round, the key departure, the regulatory action before the founder’s update email.
- Risk radar
- A standing view of which holdings are trending the wrong way, and on what evidence.
- IC preparation
- Walk into the meeting able to open the source behind any number on the page.
- Through the liquidity event
- Companies that IPO stay on the platform; their public performance becomes a comparable for the private book.
08 — Security
Where your data sits.
Partners ask this before anything else, so it is on the page rather than in a follow-up email.
Isolated per firm
Every record is scoped to your firm. Nothing is shared between firms on the platform.
Encrypted in transit and at rest
Documents are stored with server-side encryption; database connections are TLS-only.
Not training data
Your portfolio and documents are used to answer your firm’s requests. They are not used to train models.
Role-based access
Admin and member roles per user, with signed sessions that expire.
09 — Pricing
Priced for funds, not enterprises.
Every plan includes a 30-day free trial. No card required to start.
Starter
For emerging managers and solo GPs running a focused book.
billed monthly
- Up to 3 seats
- 25 tracked companies
- 5 signal watchlists
- 40 evidence-backed analyses per month
- Daily signal digests
- Email support
Growth
For funds with a full investment team and an active pipeline.
billed monthly
- 4–15 seats
- 150 tracked companies
- 25 signal watchlists
- 200 evidence-backed analyses per month
- Hourly priority alerts
- Portfolio-level risk radar
- Priority support
Scale
For multi-stage firms tracking companies through liquidity.
billed monthly
- Unlimited seats (16 minimum)
- 750 tracked companies
- Unlimited signal watchlists
- 750 evidence-backed analyses per month
- Real-time act-now alerts
- Public-market bridge for IPO’d holdings
- Dedicated onboarding
10 — Questions
Before you ask
It is built for investment teams at venture funds. Family offices and corporate venture arms run the same workflow and use it the same way.
You pick a plan. No card is required to start the trial and nothing is charged automatically when it ends.
Yes, and that is most of what the product monitors. Private holdings and pipeline names are tracked the same way as listed comparables.
To the stored signal or article the claim came from. Each carries a provenance ID you can open, and stored snapshots mean the figures stay checkable even if the page changes.
Monitoring runs continuously. What reaches you is your choice: real-time act-now alerts, hourly priority, or a daily digest.
It stays on the platform. Its public performance becomes a comparable for the rest of the private book, including analyst coverage and filings.
Start with your own book.
Tell us about your firm and what you want watched. We review every request by hand and email an invitation once you are approved. Thirty days, no card.
- Reviewed by a person, usually same day
- Every plan available on trial, including risk radar
- Cancel by doing nothing
Request an invite