The Viaka Angel Network, the investment arm of the MENA-focused digital platform Viaka, has announced its third investment in Vessel, an all-in-one platform designed to streamline investor relations for fund managers. The investment underscores Viaka’s commitment to backing high-impact ventures that are leveraging technology to reshape critical industries, including the venture capital sector itself.
Transforming The VC Back Office
Vessel addresses a significant pain point for General Partners (GPs) in the venture capital industry, where managing Limited Partner (LP) relationships is often a manual and fragmented process. Workflows for capital raises, co-investments, and investor reporting are typically spread across spreadsheets and other non-specialized tools, consuming valuable time that could be spent sourcing and supporting founders. Vessel’s vertically integrated platform centralizes these functions, providing a single source for investor relations, fundraising, and reporting, thereby empowering funds to operate more efficiently.
Viaka’s Strategic Investment Thesis
The investment in Vessel aligns with Viaka’s core mission to support founders who are reimagining industries through bold innovation. By backing a team that is transforming the foundational infrastructure of venture capital, Viaka is making a strategic play that benefits the entire ecosystem. An efficient VC industry allows GPs to focus more on their primary function: investing in the next generation of groundbreaking companies. Viaka continues to seek out and support high-impact ventures with connections to the MENA region through its global community.
About Viaka
Viaka is a digital platform described as a “modern Silk Road” for talent, services, ideas, and capital, connecting founders, investors, and experts with a focus on the MENA region. The platform operates on four key pillars: Viaka Connect, a collaborative community network; Viaka Consult, bespoke services for early-stage founders; Viaka Content, which delivers insights and spotlights achievements; and Viaka Capital, which facilitates funding through its extensive VC network and the Viaka Angel Network.
Source: Viaka on LinkedIn