Maybern Insights

Today, we’re announcing our $50 million Series B, led by Battery Ventures, with continued support from Primary Venture Partners, Human Capital, MetaProp, Grafton Street Partners, Camber Creek, and Friends & Family Capital. This brings our total funding to $76 million.

David Aizenberg, CPA (Director, Solutions Architecture at Maybern) has over 20 years of experience investment reporting, accounting, and process automation. Previously, he spent 6 years at Kaliber & Co. where he was responsible for building reporting, reconciliation workflows, delivering innovative solutions, system migrations, and custom analytics for clients and complex portfolios.

Welcome to the latest installment of our “Meet the Team” series, where we introduce the talent and expertise driving Maybern’s mission to transform the Office of the CFO from operational management to strategic leadership.

Cashless contributions let GPs reallocate management fee income into a profits interest — tax-efficient on paper, operationally brutal in practice. How the structure works, where it breaks, and what changes when allocations track in code.

A portfolio manager at a private capital firm needs to answer a series of questions that span investment decisions, LP reporting, and fund strategy. Most of those questions today get answered through manual aggregation across fund administrator statements, general ledger entries, asset-level performance tools, and Excel models built over years. By the time the answer arrives, the underlying data is 60 to 90 days old. The question is whether the right architecture can change that, and what the architecture actually needs to be.

Parallel vehicles, co-invest, AIVs, side letters — the structural complexity that defines modern private funds is also the operational burden that defines them. The funds that treat complexity as a strategic advantage — saying yes to bespoke LP terms others decline — share one thing in common: they manage the obligations in code, not in spreadsheets.