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AI value creation for Private Equity.

Operational improvement inside portfolio companies.

Carrybase connects to the systems a company already runs, identifies where growth and cost can move the P&L, and works with management to deliver the change.

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OverviewSystemsProcessesOpportunitiesEBITDA bridge
CX
Corvex Software
B2B SaaS · compliance workflow platform · EU/UK · held since 2024
ARR
€42M
104% net retention
EBITDA
€6.7M
16% margin
Systems connected
5 of 6
CRM, billing, analytics
Identified uplift
+€2.1M
31% of EBITDA
Value creation summaryFull bridge →
€6.7M today+€2.1M → €8.8M

At the entry valuation (≈28× EBITDA), €2.1M of uplift is ≈€59M of enterprise value.

Process discovery
Renewal
20.7d cycle vs 12d benchmark
3 bottlenecks
Customer onboarding
34d to go-live vs 21d benchmark
2 bottlenecks
Top opportunitiesAll 4 →
Onboarding automation
In delivery
€700k
Renewal early-warning
Validated
€600k
Billing leakage recovery
Identified
€400k

Find the value. Deliver it. Prove it worked.

See how work actually happens

We reconstruct core processes from the data your systems already hold, showing where time, rework and margin are lost, and what fixing each one is worth.

Renewaldiscovered from 18,420 events3 bottlenecks
Renewal date reached
Customer success · CRM
5 min
Usage report assembled
Customer success · Analytics, Sheets
9.8 days · 47% of elapsed time
Contract history pulled
Customer success · Contracts, Email
3.1 days · 15% of elapsed time
Discount negotiated
Sales · Slack, CRM
5.6 days · 27% of elapsed time
Approval
Finance · Email
2.2 days · 11% of elapsed time
Renewal signed
Sales · CRM, Billing
20 min
What the trace reveals

Usage was falling 60+ days before renewal in 61% of churned accounts. 38% of renewals were discounted, most without usage data attached.

Rebuild the work around the result

We redesign the process with the people who run it, and deploy AI where it moves revenue, cost or cash, with people approving the decisions that matter.

Renewal, with an AI agentlive for two customer segments80% cycle time
✦ AI agentAt-risk account flagged, renewal pack draftedT–90 · 3 h
  • Reads the usage trend and seat changesAnalytics
  • Checks open and escalated ticketsSupport
  • Pulls terms and past discountsContracts
  • Drafts the renewal pack and playbook, with evidence attachedCRM
Replaces 2 manual steps: usage report assembled, contract history pulled
CSM reviews and runs the playbookHuman approval1.5 days
Customer success · CRM
Customer conversation2.2 days
Customer success · Email
Discount checked against usage and retentionHuman approval0.4 days
Finance · CRM, Billing
Renewal signed20 min
Sales · CRM, Billing
Result, measured in the same system data
Renewal cycle
20.7 → 4.2 days
80% faster
Discounted renewals
38% → 21%
with guardrails
Churn-risk warning
9 → 90 days
before renewal

Track what actually changed

The same systems that revealed the problem show whether the fix worked: what the team adopted, what held, and what reached EBITDA.

Value bridgeCorvex Software · ≈28× EBITDA at entry
Value bridge from EBITDA at entry of 6.7 million euro to identified potential of 8.8 million euro, split by certainty.6.57.58.59.5€6.7MEBITDA atentry+€200kRun-rate+€500kIn delivery+€600kValidated+€800kIdentified€8.8MIdentifiedpotentialIn the accounts todayNot yet realised

Scroll sideways to see the full bridge.

€6.7M
in the accounts today
€2.1M
identified, approved, in delivery or at run-rate. Not yet realised
Explore the product →

A product deployed with you.

Grounded in operating contextCarrybase is configured on your system data, your documents, and what the people doing the work know.
Delivered alongside your teamOur team works with the people who own the processes, from initial setup through implementation and adoption.
Built to compoundContext, components and what was learned stay in your company's environment. Each next change starts further ahead.
Corvex Softwarecompany environmentDedicated to this company
Operating context
SalesforceCRM
ChargebeeBilling
AmplitudeProduct analytics
ZendeskSupport
SnowflakeData warehouse
IroncladContracts · reauthorise
2,180 documents · 11 process-owner sessions
Working together
VP Customer SuccessOwns renewals and onboardingCompany
Head of FinanceOwns billing and discount policyCompany
Head of SupportOwns ticket deflectionCompany
Carrybase pod2 engineers · 1 delivery leadCarrybase
In delivery
Onboarding automationIn delivery
Live for 3 of 5 segments
Renewal early-warningPilot
2 of 4 CSM pods
Stays in this company's environment
Process modelsComponents builtMeasures and baselinesDelivery notes

Two sides of the same system.

For the fund

One consistent way to see performance across the portfolio.

Compare opportunities on the same basis, follow value from identification through to realisation, and build a capability that strengthens with every deployment.

For the portfolio company

A product and delivery team grounded in your systems.

Carrybase works with the people who own the processes, through implementation and adoption, until the new way of working is running in practice.

See the product →

Start with a result that matters.

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