Vessel

Vessel operates as a specialized financial technology firm, providing an AI-powered platform tailored for fund managers and investor relations teams. The company was founded in 2022 by Thomas Terrats and Thierry Ajaltouni and is headquartered in Montreal, Canada. The founders' backgrounds are deeply rooted in the finance industry, having served on both sides of the investing table as Limited Partners (LPs) and General Partners (GPs). Terrats, for instance, was an LP at Teralys Capital before becoming a GP at Inovia Capital, where he was involved in raising over $1.1 billion. This dual experience provided them with firsthand insight into the inefficiencies and manual workflows that impede the fundraising process, which directly inspired Vessel's creation.

The company's core offering is a unified platform designed to manage the entire investor relations lifecycle. It serves private fund managers, including both established and emerging GPs, who interact with institutional and high-net-worth investors. The business model is subscription-based, with various pricing tiers available to a global clientele. The platform aims to automate and streamline workflows, allowing fund managers to focus on building relationships rather than on administrative tasks. Key features include tools for LP pipeline building, fundraising management through dynamic data rooms, and automated processes for closing, such as subscriptions and KYC. Additionally, it provides a self-serve portal for LPs to access fund updates and performance reports in real-time and manages co-investment opportunities. By integrating these functions, Vessel seeks to enhance transparency and efficiency for fund managers operating in the private markets. In May 2025, the company announced it had raised $7.5 million in a seed funding round co-led by Inovia Capital and Afore Capital.

Keywords: investor relations platform, fund management software, GP LP relationship, financial technology, fundraising automation, private equity tools, venture capital tools, limited partner portal, co-investment platform, Thomas Terrats, Thierry Ajaltouni, capital raising, investor reporting, subscription management, KYC automation, AI in finance, investment management, data room, portfolio monitoring, fund administration