Cobalt, a FactSet Company, ("Cobalt"), and a leading portfolio monitoring solutions provider for the private capital industry, recently announced that Forgepoint Capital (“Forgepoint”), the most active venture capital firm focused on cybersecurity, has selected Cobalt to centralize portfolio company data collection and automate performance reporting.
“As a growing firm with a rapidly expanding portfolio of innovative companies protecting the digital future, we needed a solution that would enable us to further build out our back office,” said Lisa Lee, CFO at Forgepoint, “Cobalt will help us automate key processes and reporting. By gaining operational efficiencies, we can continue to provide quality information to our internal team, limited partners, and portfolio companies, while concentrating on value-added analysis as we scale.”
Cobalt’s Portfolio Monitoring platform is the industry’s first self-service portfolio monitoring solution that combines the sophistication of a business intelligence tool with the approachability of consumer technology software. The platform redefines the portfolio monitoring technology category to meet widespread demand for sophisticated but intuitive data analysis, performance reporting, and data collection tools in the private capital sector.
“We’re excited to add Forgepoint Capital to our roster of venture capital clients,” said Hank Boggio, Chief Commercial Officer at Cobalt. “Forgepoint not only invests in but also builds with early and growth stage companies, making the ability to streamline operations while providing flexible and transparent reporting critical. We look forward to supporting the firm’s continued growth and success.”
About Forgepoint Capital
Forgepoint Capital is a multi-stage venture capital firm that invests in transformative companies protecting the digital future. Founded in 2015, Forgepoint backs exceptional entrepreneurs tackling the biggest challenges in cybersecurity and infrastructure software. The firm brings nearly a century of company-building experience and draws upon one the largest networks of trusted industry experts and customers to support entrepreneurs with strategic guidance and connections. Forgepoint invests globally from its San Francisco Bay Area headquarters. For more information, visit https://forgepointcap.com or follow us on LinkedIn or Twitter.
