For angels, fund investors and family offices

One record of what you have committed, called and received.

Valued reads the capital call notices, distribution letters, quarterly reports and cap tables your GPs and founders send, extracts the figures and asks you to approve them before anything is booked. IRR, DPI and TVPI follow from that record, not from a spreadsheet.

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Hosted in the EU
AWS, Stockholm
Built in Hamburg
Digital Pioneers GmbH
Funds · OverviewIllustrative data
Fund commitments
14 funds · as of 30 Jun 2026 · reported in EUR
Committed
€12.4M
Paid in
€8.90M
72% of commitments
Distributed
€3.10M
DPI 0.35x
Reported NAV
€9.60M
TVPI 1.43x · net IRR 14.2%
Net cash flow, cumulativedistributions less paid in
0-2M-4M-6M-8M202120222023202420252026−€5.8M net
Unfunded commitments
Open commitments
€3.50M
Expected calls, next 12 months
€1.60M
Calls due in the next 30 days
2
Reports awaiting review
1
FundDocumentAmountStatus
Nordwind Ventures IICapital call No. 7€45,000.00Booked
Cascade Growth Partners IIIDistribution notice€92,500.00Booked
Helix Seed Fund IQuarterly report Q1 2026NAV €1.42MAwaiting review

Business angels

Ten to forty direct holdings, a few convertible loans, rounds you did not take part in. Your ownership after every round, without rebuilding the cap table by hand.

Investors in VC and PE funds

Commitments across a dozen funds and vintages. Every call and distribution booked from the notice itself, so the unfunded commitment is always current.

Family offices and their advisers

Funds and direct holdings side by side, in one reporting currency, with the source document attached to every figure and an Excel export the accountant can use.

How a document becomes a booking

Read by the model. Booked by you.

The extraction is only a proposal. The step that changes your record is the one you take.

  1. 01

    Send the document

    Drop it into Valued, or forward the GP's e-mail to your own Valued address. PDF, Excel, Word and PowerPoint.

  2. 02

    Check what was read

    The figures appear next to the source. The arithmetic is checked, the fund is matched to your commitment, and anything uncertain is flagged.

  3. 03

    Approve, then it is booked

    Nothing enters your record without your approval. Once booked, unfunded commitment, DPI, TVPI and IRR are recomputed.

What is checked before you approve
Documents · ReviewIllustrative data
Capital call No. 7 · Nordwind Ventures II
Forwarded by e-mail · 2 pages · read in 14 s
Needs your approval
Source
NORDWIND VENTURES II GmbH & Co. KG
Capital Call Notice No. 7 · 12 June 2026

Pursuant to §6.2 of the Limited Partnership Agreement, the General Partner hereby calls capital from the Limited Partners as set out below.

Total commitmentEUR 500,000.00
Called prior to this noticeEUR 320,000.00
Amount of this callEUR 45,000.00
Equalisation interestEUR 1,240.00
Total amount dueEUR 46,240.00

Payment is due on 30 June 2026 to the account stated below.

Extracted
Document typeCapital call
FundNordwind Ventures II
Notice date12 Jun 2026
Due date30 Jun 2026
Call amount€45,000.00
Equalisation interest€1,240.00
Total due€46,240.00
  • Call amount + equalisation = total due
  • Called to date reconciles with the fund's bookings (€320,000.00)
  • Unfunded after this call: €135,000.00
EditApprove and book
What the record holds

Funds and direct holdings in the same set of books

Most investors keep the two in different places. Valued keeps them together, with the same metrics computed the same way.

Fund commitments

Commitment, paid in, distributed and reported NAV per fund. Recallable distributions and equalisation interest treated as what they are.

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Direct holdings

Shares, price per share, rounds and valuations for every company. Ownership shown fully diluted, round by round.

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Convertible loans and sAFEs

Principal, interest, cap and discount. Conversion modelled before it happens and booked when it does.

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Performance

Net IRR, TVPI, DPI, RVPI and MOIC per fund, per vintage and for the portfolio, computed from the cash flows rather than typed in.

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Forecasts

Expected calls and distributions per quarter, from each fund's remaining commitment and its own drawdown history.

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Currencies

Every amount kept in its own currency and converted at the ECB reference rate of its value date. Reporting currency of your choice.

Read more
Direct investments · Lumen Robotics GmbH · Cap tableIllustrative data
Ownership by round
Fully diluted, from the signed shareholder agreements
Invested
€150,000
Seed, 2023
Shares held
12,500
Common, series S
Last round price
€38.40
Series A, May 2025
Implied value
€480,000
3.2x cost, unrealised
Seed · Mar 2023 · pre-money €3.5Myou: 4.1%
Series A · May 2025 · pre-money €11.0Myou: 3.2%
YouFoundersOther seed investorsSeries A investorsOption pool

Series A diluted your stake from 4.1% to 3.2%. The €150,000 convertible loan of Nov 2024 converted at a 20% discount into 2,100 Series A shares, already included above.

Direct holdings

Your stake after every round, not just the one you were in

Angels usually know their entry price and lose track from there. Valued keeps the cap table by round from the shareholder agreements, so dilution, option pool increases and loan conversions show up as what they did to your percentage.

  • Shares, share class and price per share for each round
  • Convertible loans with cap, discount and interest, converted into the round they land in
  • Implied value of your position at the last round price, marked as unrealised
More on direct holdings
Liquidity

Know what the funds will ask for next year

Unfunded commitment is the number LPs are most often surprised by. Valued keeps it current from the notices and projects when the remainder is likely to be called, fund by fund, from each fund's own pace so far.

  • Expected calls and distributions per quarter, with the funds behind each bar
  • Override a fund's pace when you know something its history does not
  • J-curve and vintage comparison across the portfolio
More on analysis and forecasts
Funds · Projections · Capital callsIllustrative data
Expected capital calls
From each fund's remaining commitment, investment period and its own drawdown history
Unfunded commitments
€3.50M
Next 12 months
€1.60M
46% of unfunded
Funds still calling
9 of 14
0200k400k600kQ3 26: €520k expected€520kQ3 26Q4 26: €410k expectedQ4 26Q1 27: €380k expectedQ1 27Q2 27: €290k expectedQ2 27Q3 27: €240k expectedQ3 27Q4 27: €190k expectedQ4 27Q1 28: €150k expectedQ1 28Q2 28: €110k expectedQ2 28

Each bar is the sum of the fund-level estimates. Open a quarter to see which funds it consists of, and override any fund's pace if you know something the history does not.

How your data is handled

Sensitive by nature. Treated accordingly.

Hosted in the EU
Application and database run on AWS in Stockholm (eu-north-1). Nothing is stored outside the EU.
Encrypted
Data is encrypted in transit and at rest. Each account's data is isolated by database-level access policies.
Documents are read, not learned from
Extraction uses Anthropic's Claude models through their API. Under Anthropic's commercial terms, that data is not used to train models.
You approve every booking
No figure is written to your record automatically. The source document stays attached to what it produced.
Your data leaves with you
Export funds, holdings and cash flows to Excel at any time, and download every document as the file it arrived as. Delete the account yourself from settings.
The full security and data page
Who is behind it

Valued is made by Digital Pioneers GmbH in Hamburg, a company that has been investing in venture funds and start-ups for more than twenty-five years. The product exists because we kept this record ourselves, in spreadsheets, for longer than we would like to admit.

Company
Digital Pioneers GmbH
Managing director
Heiko Hubertz
Registered
Amtsgericht Hamburg, HRB 108462
Address
Lilienstraße 11, 20095 Hamburg
About us
Pricing

Plans priced by how much you read, not by how much you hold

Every plan includes the whole product. One credit reads one page of a document; the plans differ in how many pages are included, billed every four weeks or once a year.

PlanEvery 4 weeks
FreeFree
Investor€99
Professional€299
Family Office€499

One credit reads one page, with a minimum of ten per document. Unused plan credits roll into the next period. Full pricing and questions

Questions investors ask first

The parts people want to know before they upload anything

Does the AI change my numbers on its own?
No. Every document produces a proposal that waits for your approval. Until you approve it, nothing in your record changes. You can correct any field first, and the correction is what gets booked.
What happens when a document is read wrongly?
The review shows the figures next to the source, so a wrong value is visible before it is booked. Arithmetic that does not add up is flagged. If something slips through, the booking can be reopened and corrected, and the document stays attached to it.
Do I have to migrate my spreadsheet first?
No. Most people start with the next notice that arrives and add history afterwards, either document by document or by entering the past calls and distributions of a fund directly.
Can I get my data out again?
Yes. Everything exports to Excel, including the cash flows the metrics are computed from. You can delete your account and its data from settings without contacting us.

Start with the next notice that arrives.

Create a free account, forward one capital call and look at the review yourself. If you would rather see it first, we will walk you through it in thirty minutes, with one of your own documents if you like.