Why Your VC Fund Needs a Head of Platform

What Does a Head of Platform Do?

A Head of Platform ensures your fund delivers on its promise to portfolio companies by coordinating resources, relationships, and opportunities. They are the connection hub between founders, investors, advisors, and experts.

Talent Support: Connecting companies to curated talent pools.
Business Development: Facilitating key partnerships and growth opportunities.
Investor Relations: Aligning with co-investors and LPs to drive growth.
Community Building: Hosting events and forums for shared knowledge.
Resource Optimization: Providing vetted tools and services to aid scale.

Platform Growth in Venture Capital

The rise of Platform roles in VC firms is clear:

92.7% of VC firms with over $1B in assets have Platform teams (Source: powerof.vcplatform.com)

Platform roles make up 13.1% of core VC teams in 2022, compared to 6.4% in 2000 (Source: powerof.vcplatform.com)

The ROI of a Head of Platform

Investing in a Head of Platform can drive significant returns for both your fund and its portfolio:

+1,100 basis point increase in Net IRR (Source: powerof.vcplatform.com)

0.5x higher TVPI multiple compared to firms without a Platform team (Source: powerof.vcplatform.com)

Why It Matters for VCs

A Head of Platform ensures that your firm stands out by providing value beyond capital:

Attract Top Founders: Entrepreneurs are drawn to funds that invest in their growth beyond just capital.
Support Scaling Startups: A Head of Platform helps bridge resource gaps, focusing on growth rather than obstacles.
Strengthen Investor Alignment: Showcase a commitment to maximizing returns with a structured platform strategy.