Home VC / PE Portfolio Portfolio-Wide Program
Fund-Level Engagement — Highest ACV

One playbook.
Ten portfolio companies.
40% cheaper than one-offs.

Portfolio companies deploying operational AI independently pay for discovery, playbook creation, and integration engineering at each company. A portfolio-wide program runs the same playbook — Sales AI, Support AI, Finance AI, or the full five-play stack — across 5 to 15 companies at once. Cost drops 40%. Timeline compresses by half. The fund gets a live cross-portfolio dashboard as a bonus.

−40%
cost vs. independent portco deployments
−50%
timeline compression at cohort level
5–15
portfolio companies per program
Included
fund-level cross-portfolio dashboard
The Business Case

The problem, the solution, and the return.
At the fund level.

The Problem

Every portfolio company is buying AI diligence and playbooks separately.

Ten portfolio companies each running their own AI project means ten discovery phases, ten playbook builds, ten integration efforts, and ten separate cost baselines. Meanwhile the fund has no cross-portfolio benchmarking, no shared learnings, and no visibility into which companies are actually executing. It's the operational equivalent of ten CFOs picking ten different accounting systems.

  • Discovery + playbook cost paid 10× at 10 companies
  • No shared learnings across portfolio
  • KPI definitions differ company-to-company
  • Fund can't benchmark or intervene early
The Solution

One coordinated program. One playbook. Deployed in waves across the cohort.

The fund picks the play (or plays) and the cohort. Alterra AI runs discovery once, builds the standardized playbook once, and deploys in waves of 2–4 portfolio companies at a time. Each wave feeds learnings to the next. A fund-level dashboard populates as companies complete their builds.

  • Single discovery + playbook across cohort
  • Standardized integration patterns per stack
  • Wave-based rollout with cross-wave learning
  • Fund-level operating dashboard from day 1
The Benefit

40% lower cost. Half the timeline. A permanent fund advantage.

Same 200–400 bps of EBITDA impact per portfolio company as the standalone plays — but at 40% lower cost per company and half the time to full deployment. The fund gets a shared benchmark set that competitors don't have, and a value creation team that suddenly has capacity for the next thesis.

  • 40% cost savings per portfolio company
  • 50% timeline compression cohort-wide
  • Cross-portfolio benchmarks as fund IP
  • Value creation team capacity freed
The Structure

A fund program, not ten independent projects.

The playbook lives at the fund level. Portfolio companies execute individually. Alterra AI runs the coordination layer. The fund gets a dashboard.

Fund-Level Layer
Standardized Playbook · Cross-Portfolio Dashboard · Wave Coordination
PortCo 1
Wave 1
PortCo 2
Wave 1
PortCo 3
Wave 2
PortCo 4
Wave 2
PortCo 5
Wave 3
PortCo 6
Wave 3
PortCo 7
Wave 4
PortCo 8
Wave 4
Same playbook, deployed inside each portco's existing stack
KPIs standardized to fund definitions
Learnings flow across waves, not just within
Program Economics

Why funds move to programs
after their second one-off deployment.

Cost comparison for a fund deploying the same play (e.g., Sales/RevOps AI) across 10 portfolio companies — one-off vs. coordinated program.

Alternative

10 Independent Deployments

Discovery cost (per portco)
$18–25K × 10
Playbook build (per portco)
$22–30K × 10
Integration engineering
$35–50K × 10
Timeline to full cohort
10–14 months
Fund-level dashboard
Not included
Total program cost
~$750K–$1.05M
Recommended
Coordinated

Portfolio-Wide Program

Discovery cost (fund-level, 1×)
$45–65K
Playbook build (fund-level, 1×)
$60–85K
Per-portco deploy (10×)
$35–50K × 10
Timeline to full cohort
4–6 months
Fund-level dashboard
Included
Total program cost
~$455K–$650K

Delta: ~40% lower cost, ~50% faster to steady state, fund-level dashboard included. Ranges are illustrative for a 10-portco cohort deploying one of the five plays. Full five-play stack across the same cohort scales similarly.

How It Runs

Five phases. 4–6 months end-to-end.

1

Fund kickoff

Cohort selection, play prioritization, KPI definitions, sponsor alignment. Two weeks.

2

Fund-level playbook

One discovery. One playbook. Reusable across cohort. Dashboard scaffolded. Three weeks.

3

Waves 1–4 deploy

2–4 portcos per wave, staggered so learnings flow forward. 12–16 weeks.

4

Cohort measurement

KPIs measured against baseline at each portco. Cross-portfolio benchmark report.

5

Steady state + expand

Dashboard fully live. Optional next play or next portco cohort scoped.

Program Outcomes

What the fund's operating
metrics look like at month six.

Ranges reflect typical outcomes for VC/PE funds running one play (Sales/RevOps, Support, Finance, Recruiting, or Data/Reporting) across 8–12 portfolio companies. Full five-play stack across the same cohort compounds each metric further.

Book a fund-level assessment →
Fund Program — 6 Months In
Portcos deployed
0
10
Program cost vs. one-offs
$950K
$570K
Cohort time to steady state
12 mo
5 mo
Avg EBITDA lift / portco
Baseline
+270 bps
KPI standardization
~30%
100%
Fund dashboard
None
Live
FAQ

What Operating Partners ask first

Single-implementation economics are dominated by discovery cost, playbook creation, and integration engineering — not execution. Deploying the same play across 10 portcos means discovery + playbook happens once, integration patterns are reused, and per-company deployment cost drops sharply. Documented benchmarks: 40% cost savings and 50% timeline compression vs. independents. Closest thing to bulk pricing in operational transformation.

Economics start improving at 3 portcos, become substantial at 5. Most programs run 5–15. Beyond 15, coordination overhead offsets some cost advantages — funds with 20+ portcos/partner typically split into cohorts (SaaS, services, DTC) and run staggered programs. Portfolio companies don't need to be in the same vertical — the underlying workflow standardizes, not the industry.

A named fund sponsor (Operating Partner or Value Creation lead) owns the program. Alterra AI runs a weekly steering call across the cohort, publishes a shared dashboard, and delivers a monthly fund-level rollup. Each portco still has a CEO or CFO sponsor + internal owner. Fund gets visibility without coordination overhead. Portco operators retain autonomy.

Every AI workflow, integration, prompt, and dashboard deployed inside a portfolio company is owned by that portco and transfers with it at exit. No platform fees. No subscription that follows the company. No vendor lock-in that affects diligence. The fund-level dashboard stays with the fund. Buyer inherits a company with mature AI infrastructure — increasingly translates to exit multiple expansion.

Typical program covering 8–12 portcos runs 4–6 months from fund kickoff to steady state across the cohort. Portcos deployed in waves of 2–4 per month so early learnings feed later ones. Fund-level dashboard live in month one, populates as portcos complete builds. First measurable KPI impact per portco: within 60 days of that company's individual go-live.

Both. Most funds start with one play across the cohort (typically Support AI or Sales AI — fastest and cleanest to prove). Once the cohort is live on play one, funds typically layer play two 90 days later. Full five-play stack usually rolls out over 12–18 months at the cohort level. Each play compounds the last because the standardized KPI layer already exists.

Run this across 5–15 portfolio companies at 40% lower cost.

Fund-level assessment. Cohort selection. Playbook sizing. Delivered before your next partner meeting.

Book a fund-level assessment →

Response within 1 business day. Fixed-scope, fixed-fee at the fund level.