- Slice of Finance
- Posts
- DiligentIQ Secures $12M Series A to Transform Private Equity Due Diligence
DiligentIQ Secures $12M Series A to Transform Private Equity Due Diligence
Slice of Finance Team
03 Mar
Key Highlights:
DiligentIQ raises up to $12M in Series A funding, led by FINTOP Capital and JAM FINTOP.
Funding will scale operations, enhance AI integrations, and expand go-to-market efforts.
Platform streamlines due diligence by analyzing VDR documents, identifying risks, and uncovering growth opportunities.
Founded by Ed Brandman, former KKR CIO, to revolutionize investment workflows with AI.
Trusted by top private equity firms, including HarbourVest Partners, Fortress Investment Group, and Investcorp.
Source: Business Wire
Notable Quotes:
“Our platform serves as a co-pilot for investment teams, enabling them to streamline analysis of VDR documents and focus on what drives deal value—from growth opportunities and early detection of risks to operational improvements.”
“DiligentIQ is more than just another AI tool, it’s a transformational force in private markets. We see DiligentIQ becoming an indispensable part of the private equity workflow, and we’re proud to support their vision.”
Why This Matters:
As private equity firms deal with ever-growing data complexity, DiligentIQ is pioneering a generative AI-powered approach to due diligence, ensuring faster and more informed decision-making. With this funding, the company is well-positioned to expand its impact across private markets, optimizing workflows and increasing efficiency for investors worldwide.