Case Study: General Catalyst achieves automated portfolio reporting with Proxet

General Catalyst achieves automated portfolio reporting with Proxet

The venture capital firm General Catalyst faced a significant challenge in manually compiling executive reports for over 400 portfolio companies. This process, which relied on consolidating data from multiple silos in Excel, consumed over 100 man-hours and struggled with data reliability. They partnered with Proxet to build a modern data solution to address this.

Proxet developed a custom data platform on Google Cloud Platform (GCP) that automated data collection from sources like Salesforce and integrated it with Power BI for visualization. This solution established a single source of truth, which allowed General Catalyst to reconcile data inconsistencies. The implementation by Proxet substantially reduced manual effort and significantly cut error rates in tax accounting and portfolio valuations.