Twelve portcos. Twelve reporting formats. One re-underwriting deadline.
Inflect standardises metric definitions across every portco — NRR, burn multiple, Rule of 40 — surfaces the two or three that need attention, flags covenant status, and exports an IC-ready memo. One analyst across the portfolio, one decision ledger per portco.
$5,500/month per portco · no portfolio-level seat licenses · no token caps
Exceptions-first. Everything else collapsed.
The rollup below mirrors the downloadable sample — Meridian Capital Growth Fund III (Vintage 2023, AUM $420M), four active portcos. The exceptions column surfaces the reason, not just the flag.
| Portco | Stage | YoY | GM | Burn mult | NRR | R40 | Exceptions |
|---|---|---|---|---|---|---|---|
| Apex Digital Inc. | Series B | 48% | 72% | 1.8x | 115% | 30% | — |
| Northwind Logistics Inc. | Series C | 22% | 58% | 0.9x | 108% | 38% | — |
| Cascade Health Systems | Series B | 62% | 76% | 2.4x | 124% | 44% | Burn multiple > 2.0x post payer-integration investment · covenant: watch |
| Foundry Labs AI | Seed | 180% | 48% | 3.6x | N/A | N/A | GM < 60% on-demand GPU spend · reserved capacity to land Q3 |
Same metric definitions across every portco. “N/A” means the portco hasn't uploaded customer data yet — trial balance alone can't produce NRR or Rule-of-40, and we refuse to default silently to zero. Two portcos surface as exceptions; the reasons are specific, not red-dot flags.
Standardised. Exceptions-first. IC-ready.
One metric definition across the book
NRR, burn multiple, Rule of 40 — same formula across every portco, unless the portco CFO has documented a reason. No per-portco definitional drift. Every metric card shows its formula, inputs, and confidence.
Exception reasons, not exception flags
When Portco B crosses a threshold, the rollup surfaces why — covenant headroom, GM trend, add-back pressure — not just a red dot on a tile.
Covenant & add-back aware
Per-portco covenant watch with specific thresholds. Add-back bridge. Debt schedule overlay. Re-underwriting memo templated for IC reading, not for a dashboard screenshot.
Decision continuity across CFO rotations
When a portco CFO rolls off, the institutional memory stays with the portco. Every confirmed decision, revisit trigger, and board preference is searchable and attributable.
Auditable by default
Source citations on every number. Human approval gates before any client-facing export. Version history on narrative and metric definitions.
Data-room ready
IC memo, board deck, monthly PDF — or drop straight into the data room. No reformatting, no reconciliation drill at exit.
The specific weeks an operating partner actually uses this
- Re-underwriting season. Every portco's Rule-of-40, NRR, and burn multiple computed from the same formula. Anomalies explained, not buried.
- LP quarterly letter. Pull the rollup figures straight out; auditable source for every portfolio-level claim.
- Portco CFO transition. The next CFO inherits a searchable ledger of prior decisions, not a cold Dropbox folder.
- Covenant reset. Watch list surfaces the portco before the lender does.
- Exit diligence. Data room assembled from the decision ledger. Every figure reconciles; every framing decision is attributable.
Pilot in progress — IC-ready references on the way
We're piloting with two operating partners at growth-stage PE firms. Named references will appear here when we have permission — we don't fabricate quotes. The downloadable rollup sample is a real anonymised artifact produced by the same workflow.