For venture capital firms

Less time running the fund.More time finding the next great company.

We help venture firms in two ways. Quiver runs your fund operations with AI agents, so a solo GP can run the whole fund. Summa gives every company you back a finance function from day one.

Prefer not to run it yourself?

TWO WAYS WE HELP
FOR YOUR FIRM

Quiver

The agentic operating system
for emerging managers.

  • Fund administration · LP onboarding, subscriptions, capital calls, LP portal
  • Fund accounting · one set of fund, LP and portfolio records, QSBS tracking, audit log
  • Portfolio intelligence · GP analytics and agents that answer from your own data
D let DBS Partners run it
FOR THE COMPANIES YOU BACK

Summa

The agentic operating system for
finance, for every company you back.

  • Bookkeeping · AI agents keep the books current on QuickBooks Online
  • Month-end close · closed on schedule, so your LP reporting doesn't wait
  • Financial reporting · one consistent standard of numbers across the portfolio
D DBS Partners
The problem

Running the fund shouldn't
crowd out
the investing.

Between your LPs and your portfolio sits a steady stream of admin: onboarding, capital calls, documents, reports and audits. At a small firm, every hour spent there is an hour you’re not spending on sourcing or founders.

01

The first close isn't the finish line

LPs expect documents, tax forms and updates for the life of the fund, not just at closing.

02

Every new LP means another round of paperwork

KYC, accreditation, tax forms and subscription documents get collected again for every fund. One overseas investor can add W-8s and withholding to your year.
03

Capital calls are a logistics problem

Simple on paper, hard in practice. LPs typically get about ten days to wire, and someone has to chase whoever’s late.

04

One late input holds up the whole report

A single portfolio company that’s slow with its numbers can delay the report every LP receives.

05

Audit season starts with a request list

Most venture funds aren’t legally required to have an audit, but LPs often make one a condition of investing. Then the auditor’s list arrives.

06

A solo GP is also the back office

Without an operations hire, the GP is the administrator, the accountant and the investor-relations desk, usually after hours.

Notes for emerging managers

The parts no software fixes.

Some of the hardest parts of running a fund are legal, tax and market problems. We don’t claim to solve them, but we do write about them plainly.

Read the insights →

Fund economics

Compliance costs can't be passed to LPs. They come straight off your own P&L.

Fundraising

No DPI, no Fund II.

tax

You can owe tax on your carry before the waterfall lets you take it.

Regulation

"Exempt" doesn't mean no filings. Every jurisdiction has its own calendar, and it changes.

Liquidity

The main fix for a stuck fund puts you on both sides of the deal.

How we help venture firms

One for your firm. One for
the companies you back.

For your firm

Quiver

The agentic operating system for emerging managers.

What it takes off your plate

Fund administration, fund accounting and portfolio intelligence, with AI agents doing the routine work.

What you get back

A fund a solo GP can run alone, and the hours for sourcing and founders.

What you get back

DBS Partners, a CPA firm, can run fund administration and accounting on Quiver for you, end to end. Or bring your own administrator.

For the companies you back

Summa

The agentic operating system for finance.

What it takes off your plate

Bookkeeping, month-end close and financial reporting for each portfolio company.

What you get back

Portfolio numbers you can trust, on time for your LP reporting.

Who stands behind it

A named CPA from DBS Partners reviews and signs every close.

The way we build

AI agents do the
routine work.
People you can name stand behind it.

AI agents

Onboarding, capital calls, bookkeeping, close and reporting, run continuously.

DBS Partners CPAs

A named person reviews, signs and answers for the work.

Who it’s for

Emerging venture managers, from solo GPs to small firms

Quiver

The agentic operating system for emerging managers.

Quiver runs the operating side of your fund, with AI agents doing the routine work. A solo GP can run the whole fund, and spend the time on sourcing deals and supporting founders instead of maintaining spreadsheets and chasing LPs for capital calls.

core functions
0
capability areas
0
capabilities
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Fund administration

From the first LP invite
to the last capital call

Without the email chains.

Fund accounting

Records you don't rebuild every time someone asks

For LPs, auditors and tax preparers alike.

Portfolio intelligence

Answers about your fund without opening a spreadsheet

Across funds, vehicles and portfolio companies.

1

Run it yourself

Flat monthly pricing from $500 a month. No carry, no setup fees, no take rate. Built so a solo GP can run the whole fund without an operations hire.

2

Or have DBS Partners run the whole fund for you

DBS Partners, a CPA firm, runs fund administration and fund accounting on Quiver for you, end to end. You keep the investing. They keep the fund running.

Already have an administrator? Quiver works alongside them.

Quiver is software provided by Digital Alpha Platforms. Fund administration and accounting services are provided by DBS Partners. Digital Alpha Platforms does not provide legal, tax, accounting or investment advice.

Who it’s for

The companies you back, offered through your firm

Summa

The agentic operating system for finance, for every company you back.

Early-stage companies rarely have a finance lead, and your LP reporting waits on their numbers. Summa uses AI agents to run bookkeeping, month-end close and financial reporting, and CPAs from DBS Partners review and sign the work. You can offer it across your portfolio as part of your platform support.

AI-native, with people behind it.

AI agents do the routine work, and a named CPA from DBS Partners signs off on every close.

Runs on QuickBooks Online.

Works with the system most early-stage companies already use.

Offered through you.

Your companies get one consistent standard of books, and you get their numbers on time.

About Digital Alpha

Why venture firms
work with Digital Alpha

A team from finance

We come from McKinsey, Bloomberg, Goldman Sachs and JPMC, and now build fund and finance infrastructure for venture firms.

Always on

A global team working across time zones, so LP questions and capital calls don’t have to wait for business hours.

Support for your founders

AI and SaaS accelerators that help the companies you back move faster.

Investors ourselves

Our portfolio includes more than 200 companies, among them Eltropy, Accern and UpCounsel.

Backed by AWS and leading partners

We’re an AWS Advanced Tier Partner with AI, Data & Analytics and Financial Software competencies, and we partner with Oracle NetSuite and Nvidia.

Engineers on call

Forward-deployed engineers set Quiver and Summa up around how your firm actually works, and stay with you as that changes.

Credentials

Built on AWS.
Signed by CPAs.

Digital Alpha Platforms is an AWS Advanced Tier Partner. The accounting and administration behind Quiver and Summa is delivered by DBS Partners, a CPA firm.

download

Insights

Notes for emerging managers

Audit

Does your venture fund need an audit, and what does it cost?

Compliance

The emerging manager’s compliance calendar, wherever you’re registered

Tax

Taxed on carry you can’t take yet

Get back to investing.

Book a working session. We’ll look at how your fund runs today and show you where Quiver, Summa and DBS Partners can take work off your plate.