DiligenceSquared Raises $5M to Bring Full-Stack Diligence Automation to Investment Firms

Private equity firms routinely spend $500K to $1M on a single commercial due diligence report and and wait weeks for a static slide deck with no way to verify where the insights came from. Two former insiders, one who bought those reports at Blackstone and one who ran them at BCG, decided there was a better way. Their New York-based startup just closed a $5M seed round, and their early client list already spans more than $2T in assets under management. Find out how they are automating a process that has barely changed in decades.