News

Real Ventures Selects Cobalt for Portfolio Monitoring

August 9, 2021

New Client Announcement

Cobalt Software, Inc. (“Cobalt”), a leading portfolio monitoring solutions provider for the private capital industry, today announced that Canadian venture capital firm Real Ventures has selected Cobalt as their portfolio monitoring platform. In selecting and implementing Cobalt, Real Ventures will enhance fund analytics, asset decision-making, and portfolio company performance reporting.

“Organizing all of our performance data and metrics in Cobalt will allow us to quickly focus on where value is created across our portfolio and where to place more attention,” said Stephen Osmond, VP Finance at Real Ventures. “The Cobalt platform will further enable us to provide strategic support to our portfolio companies and provide value-add insight to our LPs.”

Cobalt’s Portfolio Monitoring platform is the industry’s first self-service portfolio monitoring solution that combines the sophistication of a business intelligence tool with the approachability of consumer technology software. The platform redefines the portfolio monitoring technology category to meet widespread demand for sophisticated but intuitive data analysis, performance reporting, and data collection tools in the private capital sector.

“We’re thrilled that Real Ventures has selected Cobalt to improve their fund and portfolio reporting capabilities,” said Hank Boggio, Chief Commercial Officer at Cobalt. “With Real Ventures as a new client, Cobalt’s client base is further expanding into the Canadian private capital market and demonstrating the need for intuitive portfolio monitoring technology across all sectors.”

About Real Ventures

Real Ventures is an early-stage venture firm focused on serving daring entrepreneurs with the ambition to create successful, global companies. Since 2007, Real Ventures has dedicated itself to building the Canadian startup ecosystem on the belief that people, not money, build game-changing companies. Real Ventures provides stage-specific guidance, mentorship, and access to networks and resources to fast-track founders’ personal and company growth. Real Ventures manages $325 million across five funds and its active portfolio of 100+ companies is currently valued at $10 billion. For more information, please visit www.realventures.com.

About Cobalt

Cobalt is private capital’s premiere portfolio monitoring solution. We are the industry’s key to collecting, analyzing, and reporting on fund and portfolio company financial metrics. Private equity and venture capital General Partners use Cobalt’s intuitive technology platform to gain critical operational efficiencies, address increasingly complex LP and management demands, and, ultimately, competitively position their firm. Based on clients’ firm size and investment style, Cobalt tailors its suite of solutions to suit their needs. We also place a premium on client service, so our team is available to our clients to identify smart solutions the way they need them. To learn more about Cobalt, visit: https://www.cobalt.pe/.