Abax Inc. is a Delaware corporation that provides fund administration for venture funds, for a flat $5,000 per fund per year. Website: abax.fund The Bedrock of Venture Infrastructure. Named after the ancient "abax", the slab that formed the world’s first calculator. Abax is a fund administration platform built for the next generation of venture capital. We move beyond simple dashboards to provide a high-fidelity accounting engine that handles the nuances of modern fund management with mathematical precision. Why Abax? In an industry where "tech-forward" often means "accounting-lite," Abax fills the gap. We specialize in the complex technical realities that emerging managers face: Native Waterfall Logic: Automated multi-tier waterfalls that handle hurdles, catch-ups, and carried interest without the need for offline spreadsheets. Dual-Entity Integrity: True separation of GP-Investment and GP-Carry ledgers to ensure your capital accounts are always audit-ready and tax-compliant. Precision Performance Metrics: Real-time TVPI, DPI, and RVPI calculations that are automatically net of fees and accrued carry, giving you and your LPs the true picture of fund performance. Clean-Slate Migrations: A proprietary onboarding process that identifies and corrects historical classification errors, ensuring your data is right from day one. Precision. Logic. Foundation. Venture capital is a game of outliers, but your fund administration should be a game of absolutes. At Abax, we provide the foundational infrastructure that allows General Partners to stop managing data debt and start managing their portfolio. Join the new standard of venture operations.