TheMS

TheMS / Our Solutions / VC & Growth Funds

Compliance that keeps pace with your portfolio.

BK17 helps VC firms, growth equity funds, and their portfolio companies build audit-ready compliance programmes, from first close to exit. ISO certifications, AI governance, and cyber assurance delivered as a managed service.

72%

of institutional LPs now require ISO 27001 or equivalent from GPs

3×

faster time-to-certification with TheMS managed compliance

£0

additional headcount required. BK17 acts as your outsourced compliance team

LP due diligence is getting harder to pass.

LP & investor due diligence

Institutional LPs (pension funds, endowments, sovereign wealth) now mandate ISO 27001, SOC 2, or equivalent before committing capital. Failing DD means losing the close.

Portfolio company risk

A single data breach or compliance failure in a portfolio company can trigger regulatory scrutiny, depress valuations, and complicate exit processes.

AI governance pressure

Funds deploying AI in deal sourcing, portfolio monitoring, or back-office operations face growing regulatory exposure under ISO 42001 and the EU AI Act.

Lean internal teams

Most VC and growth equity firms run lean. There is no CISO, no compliance director, and no bandwidth to build a management system from scratch.

Exit readiness

Acquirers and IPO underwriters conduct deep technical and compliance due diligence. Gaps discovered late in a process kill deals or compress multiples.

Multi-entity complexity

A fund structure with a GP entity, management company, SPVs, and portfolio companies creates overlapping compliance obligations that are hard to manage separately.

The certifications LPs and acquirers actually ask for.

ISO 27001

Information Security Management

The global standard for information security. Required by most institutional LPs and a prerequisite for enterprise sales in portfolio companies. BK17 delivers gap assessment, ISMS build, and certification support end-to-end.

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ISO 42001

AI Management Systems

The first international standard for responsible AI governance. Critical for funds using AI in investment decisions, portfolio analytics, or operational automation, and for portfolio companies building AI products.

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SOC 2

Service Organisation Controls

The US trust-services framework demanded by American LPs and enterprise customers. BK17 coordinates readiness, evidence collection, and auditor liaison for Type I and Type II reports.

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Cyber Essentials

UK Government Cyber Baseline

The UK government-backed certification that demonstrates basic cyber hygiene. Fast to achieve, widely recognised, and a prerequisite for UK public sector contracts in portfolio companies.

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ISO 9001

Quality Management Systems

Demonstrates operational rigour and process maturity, increasingly requested by institutional investors as evidence of management quality alongside financial performance.

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ISO 22301

Business Continuity Management

Proves your fund and portfolio companies can withstand operational disruption. Valued by LPs assessing operational resilience and by acquirers in technology-dependent businesses.

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One platform. Every compliance obligation. Managed for you.

TheMS is BK17's managed compliance platform: a virtual Chief Compliance Officer service that keeps your ISO and cyber management systems live, audit-ready, and continuously improving.

For VC firms and their portfolio companies, TheMS replaces the need to hire compliance headcount. We manage your documentation, evidence, supplier assessments, training records, and audit calendar, all in one place.

01

Fund-level compliance

GP entity, management company, and SPV structures covered under a single TheMS engagement. No duplication, no gaps.

02

Portfolio company roll-out

Extend TheMS to portfolio companies at preferential rates. Consistent compliance posture across the portfolio accelerates exit due diligence.

03

LP reporting pack

Quarterly compliance status reports formatted for LP due diligence packs: certifications, audit outcomes, and risk posture in one document.

04

Exit-ready documentation

All evidence, policies, and audit trails maintained in a format that satisfies M&A technical due diligence from day one.

Ready to pass your next LP due diligence?

Book a no-obligation discovery call with a BK17 compliance specialist. We will assess your current posture, identify the certifications your LPs require, and outline a roadmap to get you there.

Defence and compliance affiliations

Armed Forces Covenant – Employer Recognition Scheme Bronze Award

Armed Forces Covenant

BK17 is a proud signatory to the Armed Forces Covenant and holds the Employer Recognition Scheme Bronze Award — committed to supporting serving personnel, veterans, reservists, and their families.

NERDSC Associate Member – Norfolk & East of England Regional Defence & Security Cluster

NERDSC Associate Member

BK17 is an Associate Member of NERDSC — the Norfolk & East of England Regional Defence & Security Cluster — an MoD-backed industry network strengthening the UK defence supply chain.

© 2026 BK17 Limited. TheMS is a BK17 platform.