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Funds of Funds & LPs

See every fund, and every company inside it.

Kruncher consolidates every report your GPs send into one reviewed, source-linked record, looks through each fund to the companies beneath it, and keeps the whole picture current between quarterly reports.

Every report you receive
Email · Drive · fund portals · data rooms
Fund A
USD · Q2 report
Fund B
EUR · capital call
Fund C
USD · CAS
Fund D
GBP · annual accounts
Look-through
312 underlying companies
Your stake in each, across funds
The market
What the GP did not report
hiringroundsnewscomps
Since the report
Events the documents miss
Calls, distributions, exits
Your portfolio
Everything in one view
Funds · Assets · Exposure · Signals
Always current
Every fund, one record
calls, distributions, statements and reports, consolidated
Look-through
to every underlying company and direct stake
Current
signals on every company since the GP’s last report
ISO 27001 · SOC 2 Type II · GDPR
see the Trust Center
The problem

You own the funds. You cannot see through them.

Every GP reports in its own format, on its own calendar, through its own portal. The look-through is rebuilt by hand each quarter, and it is already months old when it is done.

20 funds
400+ companies underneath
0
shared reporting standards
4–6 mo
lag on GP-reported data
How it changes the game

From a pile of GP reports to one view of what you own

01 · Consolidate

Every report, from wherever it arrives, in one record

Capital calls, distribution notices, capital account statements, quarterly reports and annual accounts are collected from email, drives, fund admin portals and data rooms, classified, and resolved into one record of portfolio, funds, assets and cash flows.

Sources
EmailDrive / SharePointFund admin portalsData room linksUpload / API
Classified as
Capital callDistribution noticeCapital account statementQuarterly reportAnnual accountsLPA & side letters
One record
PortfolioFundAssetsCash flows

A new report updates existing holdings and adds new ones; history is kept.

02 · Look-Through

Look through every fund, and every direct stake

Each fund is resolved to the companies beneath it, and a company held through several funds and directly is recognized as one asset. Your real exposure is summed, not guessed.

Your portfolio
12 funds · 4 direct · $142.6M NAV
Fund A
Asset 1Asset 2Asset 3
Fund B
Asset 4Asset 5
Fund C
Asset 2Asset 6Asset 7
Asset 2
Direct co-investment
Asset 2 · your total stake
0.61% via Fund A+0.23% via Fund C+1.50% direct=2.34% ($5.3M)
03 · Report and Query

Reports generated, questions answered

Fund, portfolio and principal reports are generated from the record rather than assembled by hand. Ask any question across funds and companies in plain language, in Kruncher or from your own tools.

Quarterly report · generated
NAV by quarter ($M)
121.8Q3 25
128.3Q4 25
136.0Q1 26
142.6Q2 26
What moved this quarter
  • Fund B called 8% of commitment
  • Asset 9 sold to a strategic buyer
  • Fund A marked up two holdings
Ask across funds
Which climate companies do our funds hold, and how has headcount moved since their last report?
9 companies across 4 fundsHeadcount up at 6, flat at 2, down at 1 (Asset 8, −11%). Sources linked per figure.

Also from your own tools via MCP and API.

04 · Signals

What changed since the GP’s last report

GP data is months old by the time it arrives. Kruncher tracks every underlying company in between: hiring, rounds, leadership changes, exits and thesis matches, each dated and linked to its source.

GP report · 30 JuneToday · September
Asset 5Outperforming
Hiring +18%, Series C
Asset 8Underperforming
Headcount −11%, CEO departure
Asset 9Liquidity event
Sale to strategic, distribution expected
Asset 17Direct thesis match
Thesis match partial → full, flagged for co-invest
OutperformingUnderperformingNew fund investmentDirect thesis matchLiquidity event
Built to be trusted

Uncertainty is shown, never hidden

Traceable and reviewed
  • Every figure is extracted, derived, missing or flagged, never filled by assumption
  • PASS is silent; WARN and FAIL surface with the numbers behind them
  • A reviewer’s correction becomes the rule for the next fund from that manager
Yours to run
  • Excel in your template, JSON, the API with webhooks, or MCP
  • SaaS, or deployed in your own AWS, Azure or GCP with your approved models
  • Your cash flow model and underwriting stay yours
Secure by default
  • ISO 27001, SOC 2 Type II and GDPR
  • Isolated tenant; your data never trains shared models
  • Full export, whenever you want it
  1. 01Classify
  2. 02Resolve structure
  3. 03Extract
  4. 04Derive
  5. 05Validate
  6. 06Review

Already built an extraction layer? Keep it. Take fund ingestion or asset analysis as a maintained component. See how the data layer is built

The deck

Take the deck to your investment committee.

The download starts when you send the form, and we take you straight to booking a 20 minute call to see it on your own funds.

Kruncher for Funds of Funds cover
Kruncher for Funds of Funds

The look-through infrastructure: every fund consolidated, every company beneath it, and the signals since the last report.

Next: book a call with the team. We use these details to follow up. No spam.

See it on funds you already hold.

Send us the latest reports from three of your funds. Get your look-through, a consolidated report and the signals back within a day.