How Entrepreneurial Capital Reimagined Capital Calls with Verivend

Entrepreneurial Capital (EC) is a self-funded search investment firm that provides capital and entrepreneurial guidance to founders acquiring established, cash-flowing small businesses. EC partners with searchers who have deep operational experience and invests in opportunities that are profitable, stable, and positioned for long-term growth — often under disciplined acquisition multiples and with patient capital committed for success. 

With a diverse group of limited partners and a lean internal team, managing capital calls and LP communications was a recurring operational challenge. As fundraising accelerated, EC needed a system that made the entire process simple, transparent, and audit-ready — without building new back-office functions. 

Why They Chose Verivend 

Before Verivend, capital calls required manual tracking of dozens of investors, multiple spreadsheets, and constant follow-up — a process that diverted time and attention from core investing and LP relationships. “We have about 55 LPs, which can get pretty tedious to manage,” said Peter Vaselkiv, Chief of Staff at Entrepreneurial Capital. “With Verivend’s templates, we upload the information once and everything gets processed right away.” 

The EC team selected Verivend for its templated workflows, automated LP outreach, and real-time tracking capabilities. The platform enabled the team to upload call data, issue notices, monitor payments, and manage investor responses — all from one dashboard. 

Importantly, EC saw Verivend not just as a tool, but as foundational infrastructure that could grow with the firm. For a self-funded search investor — where every operational dollar matters — implementing Verivend was a strategic decision that preserved focus on deal sourcing and portfolio support rather than administrative load.

The Impact of Verivend 

With Verivend live, EC now runs end-to-end capital calls through a centralized, repeatable workflow. Administrative tasks that once required significant manual effort are now automated, improving accuracy and reducing headcount dependency. 

Limited Partner engagement also improved: responses came faster, confirmations were transparent, and support inquiries were resolved quickly with help from Verivend’s Strategic Services — allowing EC to keep investor satisfaction high even during tight call windows. 

As a firm that invests in people first and businesses second, EC now pairs its founder-centric investment philosophy with a capital call process that doesn’t hinder growth or distract from value creation. Verivend’s consistency and transparency helped cement trust with investors, reinforcing EC’s reputation as a disciplined, long-term partner. 

Key Outcomes 

• Better LP communication and faster response resolution 

• Integration that scales with fundraising cadence 

• Reduced friction for both the GP team and LPs

• Standardized workflows reduced manual effort and risk 

• Technology that supports growth without admin expansion 

• Capital calls executed efficiently for a demanding LP base 

To learn more about Verivend, book a demo today.