Company Updates
Nov 15, 2023

Vestberry Selected by European Innovation Council Fund as a Fund & Portfolio Monitoring Platform

Vestberry is proud to announce its new partnership with the European Innovation Council Fund (EIC Fund), a pivotal institution in the European Union’s mission to foster technological innovation within the EU.

About the European Innovation Council Fund (EIC Fund)

The European Innovation Council Fund from the European Commission is an agnostic Fund: it invests across all technologies and verticals in all EU countries and countries associated with Horizon Europe. It provides the investment component of the EIC Accelerator blended finance. To help with all the EIC fund investment decisions, the European Investment Bank (EIB) acts as an investment advisor, conducting a thorough due diligence process.

The EIC Fund’s main purpose is to support companies in the development stages and help commercialize disruptive new technologies while reducing the innovation divide among EU countries. It shares risk by building a large network of capital providers and strategic partners suitable for co-investments and follow-on funding. Additionally, the Fund places a strong emphasis on empowering and supporting female founders.

With a budget surpassing €3 billion, the EIC Fund endorses a diverse array of groundbreaking ideas, from next-gen prostate cancer tests to modern textile factory solutions and innovative space satellite movement technology. We are thrilled to provide our portfolio intelligence software to support the EIC in driving innovation across the EU.

For more information about EIC Fund,

About Vestberry and its solution

Vestberry is a portfolio intelligence solution tailored to the needs of VC investors seeking a data-driven advantage. Our platform consolidates vital portfolio information and turns it into powerful analytics, enabling venture capital professionals to concentrate on extracting valuable insights from their data rather than managing it.

Implementing Vestberry, the EIC Fund seeks to build a single source of truth for all its investments and portfolio companies while reducing time wasted on repetitive and administrative tasks. The team expects to improve business comprehension from the portfolio allocation to the LP reporting and, most importantly, to provide value to its startups.



Vestberry is building a fintech analytical platform helping Venture Capital and Private Equity investors manage their capital smarter, allowing them to invest in companies who strive to solve the world’s most pressing challenges, from climate change to mental health. With Vestberry, our clients increase team productivity significantly, streamline internal processes, and can make better investment decisions faster. As a result, Vestberry brings clients a competitive advantage, both in terms of speed & quality of investment decisions and also the potential to attract increasingly data-oriented investors.

Related Articles

Industry Insights
Apr 18, 2024

Boost productivity by automating your VC tech stack

In today’s digital age, the seamless integration of technology tools is vital for venture capital operations. Platforms like...

Case Studies
Jan 23, 2024

How 3VC enabled faster portfolio monitoring and reporting

The venture capital group, 3VC, found that scattered portfolio data made reporting and data management tasks too time-consuming. E...