
Ceviche splits every fund expense line by line under your LPA rules, across the management company, funds, and SPVs. It posts the entries to your GL.
A startup from New York City, the United States, founded by Matt Cheung, Amar Agasaveeran.
This page is designed to help you find out whether Ceviche is good and if it is the right choice for you.
Ceviche is fund expense allocation software that works with the systems you already have. Ceviche is built for the management company finance team. It sits between your AP and expense tools and your management company's general ledger. It splits each invoice across the management company, the GP, the funds, and the SPVs by your rules. Then it invoices each fund for its share and posts the journal entries, with the backup attached. We built Ceviche for PE, VC, credit, and real estate fund finance teams with multi-entity structures. It reads expenses from Ramp, Bill.com, Brex, Expensify, and SAP Concur, and posts to QuickBooks Online, NetSuite, or Sage Intacct. Your fund admin keeps NAV, capital accounts, and fund accounting. AI reads each invoice and drafts its line items, but every split comes from a deterministic rule that your team configured and approved, so every number that posts traces back to a human approval. When the SEC asks how an expense was split, the invoice, the split, the LPA basis, and the approval are already attached. Teams can invoice their funds every month instead of every quarter. Core go-live takes 2 to 4 weeks; new GL connections and historical data are scoped separately. Ceviche runs under SOC 2 Type 2 controls, and your data is never used to train AI models. Flybridge moved its quarterly allocations out of Excel across 18+ fund entities with Ceviche.
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Integrations
Reads expenses from Ramp, Bill.com, Brex, Expensify and SAP Concur; posts to QuickBooks Online, NetSuite or Sage Intacct
Security
SOC 2 Type 2 report available; penetration tested; role-based access; encrypted at rest and in transit; data stored in the United States; never used to train AI models
Approvals
Every split comes from a rule the team configured and approved, so every number that posts traces back to a human approval
Pricing
One annual subscription, priced on your entity structure and allocation setup. No implementation fee, not per user, not based on AUM
Free sandbox
A free 2-week sandbox on your own invoices, under an NDA
Go-live
Core go-live takes 2 to 4 weeks; new GL connections and historical data are scoped separately
AI reads each invoice and drafts its line items, but every split comes from a deterministic rule that your team configured and approved, so every number that posts traces back to a human approval. When the SEC asks how an expense was split, the invoice, the split, the LPA basis, and the approval are already attached.
Ceviche is built for the management company finance team. It sits between your AP and expense tools and your management company's general ledger, and your fund admin keeps NAV, capital accounts, and fund accounting. It splits each invoice across the management company, the GP, the funds, and the SPVs by your rules, invoices each fund for its share, and posts the journal entries with the backup attached. One annual subscription, priced on your entity structure and allocation setup: no implementation fee, not per user, not based on AUM. Core go-live takes 2 to 4 weeks.
The management company finance team at PE, VC, private credit, and real estate fund managers with multi-entity structures: the controller, the CFO, and the fund accounting team who split shared expenses across the management company, the GP, the funds, and the SPVs.
Ceviche was founded in 2023 in New York by Matt Cheung (CEO) and Amar Agasaveeran (CTO) to move fund expense allocation out of Excel. Finance teams told us the spreadsheet between AP and the general ledger was the pain: every shared invoice split by hand across the management company, the funds, and the SPVs, with the methodology living in someone's head. Ceviche puts those splits on rules the team approves and keeps the backup attached to every entry.
AI reads each invoice and drafts its line items; the splits themselves run on deterministic rules the team configures and approves. Ceviche connects to Ramp, Bill.com, Brex, Expensify, and SAP Concur, and posts to QuickBooks Online, NetSuite, or Sage Intacct. It runs under SOC 2 Type 2 controls, with data encrypted at rest and in transit and stored in the United States.
We have collected here some useful links to help you find out if Ceviche is good.
Check the traffic stats of Ceviche on SimilarWeb. The key metrics to look for are: monthly visits, average visit duration, pages per visit, and traffic by country. Moreoever, check the traffic sources. For example "Direct" traffic is a good sign.
Check the "Domain Rating" of Ceviche on Ahrefs. The domain rating is a measure of the strength of a website's backlink profile on a scale from 0 to 100. It shows the strength of Ceviche's backlink profile compared to the other websites. In most cases a domain rating of 60+ is considered good and 70+ is considered very good.
Check the "Domain Authority" of Ceviche on MOZ. A website's domain authority (DA) is a search engine ranking score that predicts how well a website will rank on search engine result pages (SERPs). It is based on a 100-point logarithmic scale, with higher scores corresponding to a greater likelihood of ranking. This is another useful metric to check if a website is good.
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