Accomplice is a seed-led venture capital firm with offices in Boston and San Francisco. In 2015 Accomplice spun out of Atlas Venture, a historically hybrid technology and life sciences investment firm, to focus exclusively on early stage technology investments. As part of the split, Accomplice maintained operational responsibility for Atlas Venture’s historic funds, collectively representing $1.6 billion in assets under management. In addition to addressing the operational needs of Accomplice and its tech-only funds, they had the additional responsibility of overseeing a complicated set of entities and relationships from the historic fund vehicles. The firm had been using a combination of MS Excel, QuickBooks and an outdated investor portal to manage their back office and reporting requirements. There were a number of challenges to this environment including too many production delays, lack of scalability and an antiquated portal leading to a suboptimal LP experience.
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