Fund-level investment metric definitions
Fund-level investment metrics are calculated across all portfolio companies in a specific fund.
Auto-calculated fund-level investment metrics include:
Total invested = Sum of amount invested across all investment transactions
Total number of investments = Sum of unique portfolio companies where there is at least one investment
Average investment amount = Total invested / total number of investments
Capital remaining = Fund size - total invested - management fees - expenses
New capital deployed = Sum of amount invested for initial investment transactions
Follow-on capital deployed = Sum of amount invested after initial investment
Follow-on capital raised = Sum of round sizes after initial investment
Total portfolio company capital raised = Sum of round sizes
Total number of exits = Count of unique portfolio companies where there is at least one exit
Multiple = FMV / total invested
FMV (Fair Market Value)= Sum of most recent FMV values
Realized FMV = Sum of amount exited
Unrealized FMV = FMV - realized FMV
DPI (Distribution to Paid-in Capital) = Distributions / total capital called
RVPI (Residual Value to Paid in) = Unrealized FMVs at period-end + cash balance at period-end - accrued carried interest at period-end / total capital called
TVPI (Total Value to Paid in) = DPI + RVPI
Gross IRR = Computed using XIRR function with the following inputs:
Negative cashflows: amounts invested across all companies
Positive cashflows: exits, unrealized company FMVs at period-end
Net IRR = Computed using XIRR function with the following inputs:
Negative cashflows: capital calls, accrued carried interest at period-end
Positive cashflows: distributions, unrealized company FMVs at period-end, cash balance at period-end
Total capital called = Sum of capital called
Uncalled capital = Fund size - total capital called
% of Fund Deployed = Total invested / total fund size
% of Fund Called = Total capital called / total fund size
Average Holding Period = Exit date - initial Investment Date
Number of Investment Rounds = Count of participating investment rounds
Active Quarters (Rounded to a single decimal) = Today - fund formation date
Fund Size = Manual input of fund size when first creating a fund
Total Number of Shares = Sum of shares owned by a Fund across all companies and transactions
Company-level investment metric definitions
Company-level investment metric definitions are calculated for a single portfolio company in a specific fund.
Auto-calculated company-level investment metrics include:
Total capital raised = Sum of round sizes
Follow on capital raised = Sum of round sizes after initial investment date
Total invested = Sum of amount invested across all investment transactions
FMV = Sum of most recent FMV values
Realized FMV = Sum of amount exited
Unrealized FMV = FMV - realized FMV
Ownership % = Sum of shares purchased / total shares outstanding from latest round
Total gain/loss = Realized gain/loss + unrealized gain/loss
Realized gain/loss = Realized FMV - total amount invested in investments exited
Unrealized gain/loss = Unrealized FMV - total amount invested in investments not exited
IRR = Computed using XIRR function with the following inputs:
Negative cashflows: amounts invested
Positive cashflows: exits, unrealized FMVs
Holding Period = Today - initial investment date
Company-level investment property definitions
Company-Level investment properties are shown for a single portfolio company in a specific fund.
Company-level investment properties include:
Entry level ownership = Ownership % at the initial investment date
Entry pre-money valuation = Pre-money valuation at the initial investment date
Total ownership = Sum of the total number of shares owned across funds / sum of total number shares outstanding from the latest round
Total capital raised = Sum of total round size across all rounds
To learn more about how to get started use Visible investment features, check out How to track investment rounds and How to set up investment Funds.