Features/Portfolio Tracker/Founder Updates

Replaces chasing founders via email

Collect Founder Updates Without Chasing Anyone

It's the 15th of the month and you've sent your quarterly metric request to 18 founders. Five responded immediately. Three sent partial numbers. Ten haven't opened your email. You know the drill — it'll be three more weeks of follow-ups before you have anything resembling complete data.

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Manual metric collection doesn't scale

When you had 5 portfolio companies, sending individual emails and manually entering responses into a spreadsheet was annoying but manageable. At 15 companies, it's a part-time job. At 25, it's unsustainable. And every quarter you dread the ritual more.

The founder experience is equally painful. They get your email, open a Google Form or reply with a wall of text, and wonder if anyone actually reads what they send. There's no feedback loop, no acknowledgment, and no sense that their time reporting metrics is well spent.

Meanwhile, your LPs expect timely, comprehensive portfolio updates. They want to know how the fund is performing, which companies are breakout candidates, and which ones need attention. But you can't give them a clear picture when half your data is missing and the other half is a month old.

Automated collection that founders actually complete

Automated collection forms

Send branded, mobile-friendly metric request forms to all portfolio founders with one click. Founders fill in numbers in under 5 minutes — no login required, no spreadsheet attachments, no email back-and-forth.

Customizable metric requests

Different companies need different questions. Create templates for SaaS (ARR, MRR, churn), marketplaces (GMV, take rate), or any vertical. Add qualitative questions alongside quantitative metrics to capture the full picture.

Reminder sequences

Automatic follow-ups at intervals you define — 3 days, 7 days, 14 days after the initial request. Reminders are polite, branded, and persistent. You stop being the person who nags founders and start being the GP with a system.

Submission tracking

See exactly who has submitted, who has opened but not completed, and who hasn't opened the request at all. Response rates, average completion time, and historical submission patterns help you identify founders who consistently need a nudge.

AI-extracted insights

Archie analyzes both quantitative metrics and qualitative founder responses. It flags anomalies, identifies portfolio-wide trends, and generates a digest summarizing what changed across your portfolio — saving you hours of manual review.

Historical comparison

Every submission is automatically compared to the prior period. See quarter-over-quarter changes highlighted in green or red so you immediately know what's improving and what's deteriorating — without building comparison formulas yourself.

How GPs use Founder Updates

Quarterly Collection

Get complete Q4 metrics from all 20 founders in one week

Send your quarterly metric request on January 2nd. By January 9th, automated reminders have pushed your response rate above 90%. The remaining founders get a personal follow-up from you — but now it's 2 emails, not 15.

Pulse Checks

Run an ad-hoc pulse check when market conditions shift

When interest rates spike or a major competitor enters the market, send a quick 3-question pulse to affected companies. Get a portfolio-wide read on impact within 48 hours instead of scheduling 15 phone calls.

Board Prep

Gather board-ready data ahead of your LPAC meeting

Before your LP Advisory Committee meeting, collect fresh metrics and qualitative updates from your top 5 companies. Present current data, not numbers that are two months old, and answer LP questions with confidence.

Frequently asked questions

How do founders submit their updates?

Founders receive a branded email with a link to a simple, mobile-friendly form. They fill in the metrics you've requested — ARR, burn rate, headcount, or any custom fields — and hit submit. The data flows directly into their company profile in Archstone. No login required, no app to download, and it takes founders less than 5 minutes.

Can I customize which metrics I request from each company?

Yes. You can create different metric templates for different company types. A SaaS company might report ARR, MRR, and churn. A marketplace company might report GMV and take rate. You can also add qualitative questions like 'What's your biggest challenge this quarter?' or 'Any upcoming fundraising plans?' — all customizable per company or portfolio-wide.

What happens if a founder doesn't respond?

Archstone sends automatic reminder emails on a schedule you define — typically at 3 days, 7 days, and 14 days after the initial request. You can see exactly who has and hasn't submitted in the tracking dashboard. If a founder still hasn't responded after all reminders, you'll get a summary so you can follow up personally on the exceptions rather than chasing everyone.

How does the AI extract insights from founder updates?

When founders submit updates, Archie (Archstone's AI) analyzes both quantitative metrics and qualitative responses. It flags anomalies like burn rate spikes or runway drops, identifies trends across your portfolio, and surfaces key themes from written responses. For example, if three founders all mention hiring challenges, Archie will flag that as a portfolio-wide trend worth your attention.

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