European venture capital firm 3VC has completed the migration of its flagship Luxembourg-domiciled fund, 3VC II SCSp (the “Fund”), to the digital-native fund operations platform provided by fundcraft, who will now act as the central administrator and the external AIFM of the Fund.
The transition was carefully prepared and coordinated between 3VC, fundcraft, and the former service providers, ensuring a smooth and disruption-free process from start to finish. The migration was successfully finalised on 1 October 2025, completing the transfer of historical data of the Fund, including investor commitments, investment portfolio data, and accounting records to a unified operating system in under three months.
3VC counts among its limited partners major institutional investors. Its investors include KfW Capital through the ERP – Venture Capital Fondsfinanzierungen facility and the European Investment Fund (EIF). 3VC selected fundcraft not only for its digital-native capabilities and future-proof, scalable operations, but also for its proven track record in servicing institutional mandates, including specialised reporting and compliance under the Sustainable Finance Disclosure Regulation (SFDR) Article 8 framework.
The migration marks the consolidation of 3VC’s operational setup, previously spread across multiple systems and service providers for LP management, central administration and AIFM oversight, into a single integrated operating system under fundcraft. The mandate covers both UCI administration and AIFM management operations across the Fund. With the migration complete, 3VC is now positioned to launch future funds on a proven, AI-ready operational infrastructure with automated workflows, real-time data, and transparent investor reporting.
3VC was among the venture capital firms that invested in fundcraft’s Series A round in 2024, demonstrating strong conviction in the company’s vision to transform fund operations for the next generation of asset managers. That conviction has now been validated through direct experience. By migrating its own fund operations to fundcraft, 3VC is enjoying the benefits first-hand, with tangible improvements in control, transparency and efficiency, serving both the investment team and its investors, and joining a growing group of asset managers that have collectively migrated more than 150 funds to fundcraft’s platform.
Peter Lasinger, Co-Founder & Managing Partner at 3VC said: “We invested in fundcraft because we believed in their product vision and execution capabilities. Now, as a client, we see that conviction confirmed. The migration process was exceptionally smooth and well-orchestrated, with fundcraft guiding the transition from preparation with our team to close coordination with our previous administrator and AIFM. The platform has simplified our daily operations, given us real-time control, and allowed our team to focus on what matters most: supporting exceptional founders, delivering a consistently high-quality experience for our LPs, reducing operational risk and gaining the flexibility to scale new funds and structures without adding operational overhead.”
With fundcraft, 3VC now benefits from:
- one source of truth for all entities (fund, GP)
- real-time dashboards accessible anytime
- end-to-end automation for capital calls, equalisation, reporting, and payment reconciliation
- integrated investor onboarding and a modern LP portal, natively integrated with the platform
- a dedicated Client Success Manager (CSM) who acts as the single point of contact and orchestrates the entire fundcraft experience
Olga Porro, Co-Founder & Chief Product Officer at fundcraft added:
“3VC’s migration reflects the growing shift of venture capital firms towards institutional-grade, AI-native fund operations. We’re proud to support a firm that not only believed in our vision early on but is now experiencing its impact in practice.”
Read the orginal article: https://ffnews.com/newsarticle/funding/3vc-migrated-its-flagship-luxembourg-fund-to-fundcraft/
