Goldman Sachs led DiligenceVault's ~$6M Series A Founded 2014 by ex-Citi risk head Monel Amin Network of 20,000+ managers across 150+ countries DV Assist generative AI launched 2024 Pre-built AIMA, ILPA, INREV, PRI, ICI questionnaires One platform: DDQs, RFPs, ODD, ESG, Form ADV monitoring Goldman Sachs led DiligenceVault's ~$6M Series A Founded 2014 by ex-Citi risk head Monel Amin Network of 20,000+ managers across 150+ countries DV Assist generative AI launched 2024 Pre-built AIMA, ILPA, INREV, PRI, ICI questionnaires One platform: DDQs, RFPs, ODD, ESG, Form ADV monitoring
New York, USA  /  Fintech · SaaS · AI  /  Est. 2014
DiligenceVault logo
DiligenceVault's brand mark. The company builds the connective software that sits between the world's asset allocators and the managers they vet - New York, NY.

DiligenceVault

The operating system for modern due diligence - turning the world of PDFs, spreadsheets and email into a single connected, AI-native platform.

20,000+
Managers in network
150+
Countries served
~70
Employees
2014
Founded
The Story

Rebuilding the most tedious job in finance

Every dollar an endowment, pension or family office hands to an outside manager passes through a quiet ritual: due diligence. Somebody sends a questionnaire. Somebody answers it. The whole exchange has traditionally lived in Word attachments, Excel tabs and long email chains - repeated thousands of times a year, across thousands of managers.

Monel Amin knew that ritual intimately. Before founding DiligenceVault in 2014, she was head of risk for liquid investments at Citi, with oversight across hedge funds, pensions, insurance and fund-of-funds mandates. Earlier still, she had worked in technology at Sprint. She had lived the process from the inside and had the engineering background to imagine it differently.

DiligenceVault is the answer she built: a cloud platform where asset allocators and asset managers meet on the same live data layer. Questionnaires become structured, reusable data. Responses are drafted from an approved content library instead of from a blank page. And the exchange itself becomes a network - one that now spans more than 20,000 managers across 150-plus countries.

In 2019, Goldman Sachs' Growth Equity team led a roughly $6 million Series A into the company, taking a strategic minority stake. It was a bet on an unglamorous truth: the back office of asset management is enormous, manual, and overdue for software.

What It Does

One platform, the full diligence lifecycle

DiligenceVault connects the two sides of every diligence conversation. Allocators run manager research, operational due diligence, ESG reviews and regulatory monitoring. Managers respond to RFPs and DDQs and manage inbound investor requests. Both work from one structured system instead of scattered documents.

For Allocators

Run diligence

Manager research, ODD, compliance, ESG and Form ADV monitoring in a single system, organized across firm, strategy and product hierarchies.

For Managers

Respond faster

DV Pulse gives IR teams a content library, AI autofill and collaboration tools to answer RFPs and DDQs without starting from scratch.

For Both

Connect on one layer

A live data layer links proprietary profiles, inbound network requests and external questionnaires received in Word or Excel.

Who Uses It

From $1bn boutiques to global multi-strategy firms

DiligenceVault sits with institutional investors and the managers they evaluate - OCIOs, asset consultants, endowments and foundations, RIAs and wealth platforms, banks, family offices, pensions and insurers.

20+
OCIOs & Consultants
15+
Endowments & Foundations
30+
RIAs & Wealth Platforms
50+
Asset Managers & GPs

Figures as reported by DiligenceVault. Coverage spans traditional, hedge fund and private-market strategies.

The Problem It Solves

The end of due diligence by email

Manual diligence is slow, hard to audit and endlessly repetitive. The same DDQ question gets re-answered dozens of times a year in slightly different formats. Version control breaks. Filings change and nobody notices. DiligenceVault replaces that with structured data, reusable answers, and automated monitoring - so teams spend time on judgment, not formatting.

"She experienced due diligence inefficiencies firsthand - managing processes via PDFs, spreadsheets and email - and partnered with industry experts to modernize them."- On the founding of DiligenceVault
Products & Services

The modules behind the platform

Since 2016

DDQ & Manager Research

Digital questionnaires with 20+ pre-built industry standards (AIMA, ILPA, INREV, PRI, ICI), plus a central repository of Q&A, documents, AUM and performance.

Since 2016

Operational Due Diligence

One system for manager research, ODD, compliance, ESG and ADV monitoring across a portfolio.

DV Pulse

RFP / DDQ Content Management

A connected content library with AI autofill and collaboration so IR teams respond faster and consistently.

Launched 2024

DV Assist - Generative AI

Embedded across workflows for DDQ autofill, document processing and IC memo generation - with human review and an audit trail at every step.

Monitoring

Form ADV Monitoring

Real-time tracking of manager filings - structured advisor profiles, ownership and DRP alerts, and AI-analyzed brochure change tracking.

Network

Industry Exchange

A manager network of 20,000+ for proprietary and industry DDQ distribution and inbound request management.

How It's Different

Vertical by design, not a general tool

Competitors include allocator suites like Backstop, RFP-automation platforms like Responsive (formerly RFPIO), data rooms like Firmex, and horizontal GRC tools. DiligenceVault's edge is being purpose-built for investment diligence - and connecting both allocators and managers on a shared network, with AI that keeps humans in the loop.

Investment-specific
Core
Two-sided network
Yes
AI with audit trail
Yes
Pre-built standards
20+
Regulatory monitoring
ADV

Illustrative positioning based on public product descriptions - not a benchmarked score.

Business Model & Market

Selling to both sides of the deal

DiligenceVault is B2B SaaS. It sells subscription access to allocators who run diligence and to managers who respond - with pricing that scales by users, modules and network access. AI features and monitoring add-ons expand the platform's footprint inside each account.

It fits in the WealthTech / investment-management-technology market, a category the company has been recognized within via the WealthTech 100. The wedge - the humble questionnaire - became the entry point to a broader operating system for manager research, IR and compliance.

Snapshot

By the numbers

Founded: 2014 · New York, NY

Founder & CEO: Monel Amin

Funding: ~$6M Series A (2019), led by Goldman Sachs Growth Equity

Team: ~70 employees

Revenue: ~$13M (Apollo estimate; approximate)

Timeline

A decade in the making

2014

DiligenceVault founded

Monel Amin, former head of liquid-investment risk at Citi, sets out to modernize manual due diligence.

2016

Platform launches

The technology goes live, digitizing DDQs and manager research for allocators and managers.

2019

Goldman Sachs-led Series A

Goldman Sachs Growth Equity leads a ~$6M round with participation from existing investors.

2021

Full multilingual interface

A multilingual UI opens the platform to non-English markets across 150+ countries.

2023

Form ADV monitoring

Real-time ADV monitoring with AI-analyzed brochure change tracking joins the platform.

2024

DV Assist generative AI

An AI module for autofill, document processing and IC memos launches with human-in-the-loop review.

In Their Words
"Impressed with the vision and determination of CEO Monel Amin and her team."- Rana Yared, Partner, Goldman Sachs
FAQ

Common questions

What does DiligenceVault do?
It runs a cloud, AI-native platform for investment due diligence - letting allocators and asset managers exchange DDQs, RFPs, operational due diligence reviews, ESG data and Form ADV monitoring as structured, reusable data instead of PDFs and email.
Who founded DiligenceVault and when?
Monel Amin founded the company in 2014. She was previously head of risk for liquid investments at Citi and had earlier worked in technology at Sprint.
Who uses it?
Institutional investors and their managers - OCIOs, asset consultants, endowments and foundations, RIAs and wealth platforms, banks, family offices, pensions, insurers, and asset managers/GPs. The network spans 20,000+ managers across 150+ countries.
Has it raised funding?
Yes. In 2019 it raised a Series A of roughly $6M led by Goldman Sachs Growth Equity, with participation from existing investors.
How is it different from Backstop or Responsive?
It is purpose-built for investment due diligence and connects both allocators and managers on a shared data layer, rather than being a general CRM, GRC or RFP tool - combining industry-specific workflows with a manager network and audit-trail-based AI.
Explore & Connect

Links, social & further reading

fintechsaasai-nativedue diligenceddqrfp automationoddmanager researchasset managementwealthtechform advesg