What Maybern does

Maybern is a New York-based financial technology company, founded between 2020 and 2022, that builds an AI-native operating system for private fund operations. The platform is targeted at private equity, venture capital, real estate, and private credit fund managers with $250M to $20B+ in assets under management, replacing the spreadsheets, legacy fund administration systems, and bespoke internal tooling typically used in the segment. Its technical core is a proprietary "Fund Brain" architecture that encodes limited partnership agreements, side letters, fund structures, events, and analytical logic into a queryable model, layered on a five-layer deterministic AI platform with agentic execution capabilities. The system integrates with Snowflake for data management and uses frontier large language models (Claude, GPT) for reasoning, while preserving a structural audit trail that traces every output back to source documents.

Maybern operates a subscription SaaS business model supplemented by implementation services, with a sales-led enterprise go-to-market motion aimed at fund CFOs, COOs, and operations leaders. Pricing is quote-based, contracts are typically multi-year, and disclosed implementation timelines run 8–12 weeks. As of the November 2025 Series B, the platform reported $80 billion+ in AUM across 150+ fund vehicles, supported by 75+ employees and a Forward Deployed Engineering delivery model that combines AI engineering with private-fund finance expertise.

The strategic posture combines product expansion, channel partnerships, and capital deployment: a $50 million Series B led by Battery Ventures in November 2025 brought total funding to approximately $76 million and coincided with the addition of Marcus Ryu to the board. Product initiatives have included the launch of the agentic Fund Management OS and co-developed modules with Knox Lane (Dynamic Scenario Modeling and IR Self-Service Dashboards), and a partnership with Chronograph extends distribution into portfolio monitoring workflows. The company has also been named to the Forbes Fintech 50 (2026).

Name

Maybern

Legal name

Maybern Solutions, Inc.

Website

https://maybern.com

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

101–250 employees

Short description

Maybern is a New York-based fintech providing an AI-native operating system for private fund operations, serving private equity, venture capital, real estate, and private credit managers with $250M-$20B+ in AUM. The platform encodes fund structures, LPAs, and side letters into a queryable model with deterministic, agentic AI workflows.

Ownership category

akta.pro rank

Product category

Fund Operations Software

NAICS

Other Investment Pools and Funds (5259), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

SIC

Finance Services (6199)

akta.pro primary industry

Treasury, Cash Management & Liquidity (SME) (FSAGAJAG)

Keywords

• Fund operations software
• Private equity technology
• Fund accounting platform
• Waterfall calculation software
• Agentic fund management

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Subscription SaaS: Maybern provides access to its proprietary fund management platform on a subscription basis through a Master Services Agreement. The subscription model includes platform access, implementation support, and ongoing service delivery.
2. Implementation Services: White-glove implementation services where the Maybern team configures fund waterfall, allocation, and fee logic alongside the customer's controller, then validates outputs against historical close periods before go-live.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels7 records

Core offering

Maybern provides a deterministic, AI-powered operating system for private fund operations. The platform encodes fund logic (LPAs, side letters, fund structures) into a queryable model and uses AI agents to automate capital calls, distribution waterfalls, management fee tracking, credit facility management, reconciliation, LP reporting, and scenario modeling for private equity, real estate, and credit fund managers.

Differentiator

Problem solved

Functional benefit

Products and services

• Fund Intelligence The AI-ready fund operations platform serving as the deterministic system of record for fund economics. Capital activity, allocations, waterfalls, management fees, credit facility, and LP reporting are modeled as governed, computable rules. Designed for fund CFOs and finance teams at private equity, real estate, real estate credit, private credit, and growth equity managers.
• Forward Deployed Engineering Embedded engineering service that extends the Maybern platform into firm-specific complexity. Combines production AI engineering with fund-finance fluency to deliver custom agents, evaluators, and runbooks tied to the system of record. Engagement model begins with 30-45 min conversation, 90-min working session, and 2-week diagnostic.
• Snowflake Sync Snowflake integration enabling data warehouse sync. Investment cashflows and fund-level activity flow through the same Snowflake medallion architecture (Bronze/Silver/Gold) with Maybern as the system of truth for fund math, powering downstream reconciliation, document intelligence, NAV nowcasting, and LP narratives.
• Transaction Register Brings investment-level cashflows into the same allocation engine and audit trail as fund-level activity. Supports CUSIP-level, entity-level, and share-class inputs with automatic allocation, unitization, FX conversion, custom investment transaction codes, and Excel bulk upload.

Quantifiable outcome

• 5× faster distribution cycles
• +5 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

AI capability10 records

Feature10 records

Partnerships

One partnership is on record.

• ChronographstrategicTechnology or IntegrationMaybern and Chronograph announced a partnership to provide private capital CFOs with trusted portfolio monitoring and valuation data for streamlined waterfall, scenario modeling, and fund management. The partnership integrates Chronograph's portfolio monitoring capabilities with Maybern's fund operations platform.

Scale indicators9 records

Recent moves5 records

Expansion highlights6 records

Broad incumbents

• Citco Fund Services: Global fund administration and corporate services firm with deep PE/RE/credit expertise. Incumbent alternative to Maybern for funds outsourcing operations versus building in-house on Maybern's platform.
• Gen II Fund Services: Large fund administration and reporting services provider for private equity and alternative asset managers. Acts as a traditional incumbent Maybern displaces or augments for in-house fund-operations teams.
• SS&C (Eze / Advent): Enterprise software and services provider for investment managers offering portfolio accounting, fund administration, and reporting tools across alternatives. Represents the entrenched legacy stack Maybern competes against for complex fund structures.

Direct peers

• Juniper Square: Leading fund operations platform for private equity, real estate, and venture fund managers, offering investor reporting, capital calls, distributions, and fund accounting. Directly competes with Maybern in the same buyer segment (fund CFOs) with overlapping module coverage; VP Implementation Valentina Lafont previously worked at Juniper Square.
• Carta: Cap table, fund administration, and LP management platform serving VC, PE, and private fund managers. Competes with Maybern in LP reporting, capital activity management, and fund-level financial workflows for private capital managers.
• Chronograph: Portfolio monitoring and valuation infrastructure provider for private capital GPs and LPs. Strategically partnered with Maybern to integrate portfolio data with Maybern's fund-operations platform, creating direct overlap in serving private fund finance teams.
• Allvue Systems: Alternative investment management software suite spanning fund accounting, waterfall calculation, and investor reporting for PE, VC, credit, and real estate managers. Direct competitor in the AI-modernization of fund operations.

Emerging players

• Addepar: Wealth management technology platform with growing private-markets reporting and performance analytics capabilities. Overlaps with Maybern's investor-reporting and IR dashboarding modules at adjacent customer segments (RIAs, family offices).
• Passthrough: Investor onboarding, KYC/AML, and subscription document automation for private funds. Adjacent to Maybern's Distribution Cycle and Compliance Agent capabilities, often integrated into the same fund-CFO workflow.

Others

• iCapital: Platform enabling wealth advisors and investors to access private market funds, providing fund operations and reporting infrastructure on the LP-side complement. Thematically aligned with private-markets digitization though operating on the buyer rather than GP side.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/maybern

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds4 records

Investors8 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Maybern