DiligentIQ Raises $12M Series A to Enhance AI-Powered Private Equity Due Diligence
DiligentIQ is a generative AI platform built for private equity and private market investment professionals.
Company Name: DiligentIQ
Location: New York City, NY
Industry: Private Equity
Funding Details:
- Amount: Up to $12M (two-tranche Series A round)
- Investors:
- Lead: FINTOP Capital
- Participant: JAM FINTOP
Purpose of Investment:
- Expand team and operations within private markets
- Accelerate product innovation and expand platform integrations
- Scale go-to-market strategy and customer acquisition
Leadership:
- Founder & CEO: Ed Brandman (former Partner, Chief Information Officer, and Head of Credit Operations at KKR)
Product:
DiligentIQ is a generative AI platform built for private equity and private market investment professionals. The platform automates deal analysis and due diligence, securely ingesting virtual data room (VDR) documents to rapidly categorize and extract critical insights.
Key Features:
- Automated Document Processing: AI-powered ingestion and analysis of deal documents
- Actionable Intelligence: Identifies key opportunities and risks faster than traditional methods
- Workflow Optimization: Reduces reliance on manual diligence processes, improving efficiency
About Company:
DiligentIQ is modernizing private equity due diligence by integrating AI-driven automation into investment workflows. Already deployed across major firms such as HarbourVest Partners, Fortress Investment Group, Investcorp, and PPC Enterprises, the platform enables investment teams to process complex deal data faster, more accurately, and with deeper insights. With its latest funding, DiligentIQ aims to scale adoption, enhance its technology, and solidify its presence in the private markets sector.
