● Breaking
$12M SERIES A led by Radical Ventures ~$17M total funding raised 30+ sell-side deals launched Y COMBINATOR W24 batch FLAT 5% success fee, no retainer Founded by Ori Eldarov & Alston Lin Featured in FT · CNBC · Forbes · TechCrunch $12M SERIES A led by Radical Ventures ~$17M total funding raised 30+ sell-side deals launched Y COMBINATOR W24 batch FLAT 5% success fee, no retainer Founded by Ori Eldarov & Alston Lin Featured in FT · CNBC · Forbes · TechCrunch
Company Profile · Fintech & AI
OffDeal logo

OffDeal.

The AI-native investment bank rebuilding sell-side M&A for small business - human advisors, machine speed.

2023Founded · NYC
~33Team
$10-100MClient revenue
~$17MRaised

OffDeal's logo mark, New York - the wordmark of a firm trying to give Main Street businesses the M&A firepower once reserved for the Fortune 500.

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The Story

An investment bank that codes its own analysts

OffDeal represents owners of small and lower-middle-market companies when they sell - and it does the analyst work in software instead of with a floor of exhausted junior bankers.

For decades, the market had a gap you could drive a truck through. A business doing $20 million in revenue is too big for a broker and too small for a bulge-bracket bank. The owner - often someone who spent 25 years building an HVAC company, a clinic, or a manufacturer - gets a thin deal or none at all.

OffDeal was built to close that gap. Founded in 2023 by former Wall Street banker Ori Eldarov and former Meta and Google engineer Alston Lin, the company pairs in-house M&A advisors with proprietary AI that automates the grunt work: sourcing buyers, building models, drafting the pitch materials and transaction documents that normally eat an analyst's nights and weekends.

The result, the founders argue, is not a bank that replaces the banker but one that frees the banker to advise. The software handles the repeatable parts. The humans handle the parts that decide whether a founder's life work sells well or badly.

It started narrower - as an AI broker helping buyers source acquisitions - then pivoted into full-service sell-side advisory. By 2025, OffDeal had launched more than 30 sell-side transactions and raised roughly $17 million, most of it in a $12M Series A that set finance Twitter arguing about whether an "AI investment bank" could really work.

$12MSeries A (2025)
~$17MTotal funding
30+Deals launched
~5%Flat success fee
How It Works

The old way vs. the OffDeal way

Same deal - different plumbing underneath.

Traditional lower-market M&A

  • Fat upfront retainer, paid win or lose
  • Buyer lists built by hand over weeks
  • Models and CIMs drafted by junior analysts
  • Process drags for a year or more
  • Smallest clients get the least attention

OffDeal

  • Flat success fee, paid mostly on a close
  • AI surfaces strategic & financial buyers
  • AI drafts models, decks, NDAs, valuations
  • Senior advisor focuses on strategy & closing
  • Small-business owners get premium service

WHERE OFFDEAL PLAYS · target client revenue band (illustrative)

Business brokers
< $5M
OffDeal
$10M - $100M
Bulge-bracket banks
$500M +

Bands are approximate and illustrate positioning, not exact cutoffs.

Products & Services

What you actually get

01

Sell-side M&A advisory

Full representation for owners selling their business - human bankers backed by AI across the whole process.

02

AI buyer matching & sourcing

Machine-learning identification and outreach to strategic buyers, private equity, and search funds most likely to pay a premium.

03

AI-generated deal documents

Automated drafting of pitch decks, CIMs, NDAs, and financial models - the analyst output, without the analyst grind.

04

Valuation & market analysis

AI-assisted valuation reports, comparables, and market mapping to price and position a company for sale.

The Founders

Wall Street discipline, startup speed

OE
Co-Founder & CEO

Ori Eldarov

Spent 7+ years in investment banking at RBC Capital Markets in New York and London, advising on more than $20 billion of deals. Harvard MBA. Now the dealmaker-in-chief for Main Street exits.

AL
Co-Founder & CTO

Alston Lin

Software engineer previously at Meta and Google, and founder of Bizwise. Builds the AI that replaces the analyst floor so bankers can focus on clients.

"Our engineers built software to automate analyst work with AI, so our in-house bankers can focus on dealmaking - and delivering life-changing exits to their clients."

Team drawn from JPMorgan · Evercore · Barclays · RBC · Meta · Google · Two Sigma · Citadel

Where It Fits

The market, and the competition

Customers

The seller's side

Owners of businesses with roughly $10-100M in revenue and $1-10M EBITDA - home services, healthcare, industrials, business services - who want a real exit.

Alternatives

Who they replace

Traditional lower-market boutiques, business brokers and marketplaces like BizBuySell and Axial, plus AI-in-finance peers such as Rogo.

Edge

Why they're different

Human advisors plus proprietary AI, a flat success fee with no retainer, and deep focus on a band the giants ignore.

AIFintechSaaSMarketplaceEnterpriseSell-side M&ALower middle market
Timeline

From broker to bank

2023

OffDeal is founded

Ori Eldarov and Alston Lin start OffDeal in New York, first as an AI broker for sourcing small-business acquisitions.

2024

Y Combinator & seed round

Joins YC's Winter 2024 batch, raises seed capital, and evolves into a full-service sell-side investment bank.

2025 · May

A signature exit

Advises on the sale of Rocky Mountain Heating and Cooling to Acrux Capital.

2025 · Jul

$12M Series A

Raises a $12M Series A led by Radical Ventures (~$17M total) and reports 30+ sell-side deals launched.

FAQ

Questions people ask

What does OffDeal do?

It's an AI-native investment bank that represents owners of small and lower-middle-market businesses in selling their companies, pairing human M&A advisors with proprietary AI that automates analyst work.

Who does OffDeal serve?

Owners of businesses roughly in the $10-100M revenue range (about $1-10M EBITDA) who want to sell, across sectors like home services, healthcare, industrials, and business services.

How does OffDeal make money?

It generally charges a flat success fee (around 5%) on a completed sale with no upfront retainer, so it's paid primarily when a client's business sells.

Who founded OffDeal and when?

It was founded in 2023 by Ori Eldarov (CEO, a former Wall Street investment banker) and Alston Lin (CTO, a former Meta and Google engineer).

How much has OffDeal raised?

About $17M in total, including a $12M Series A led by Radical Ventures announced in 2025, with backing from Y Combinator and others.

Watch & Read

Go deeper

Figures reflect public reporting as of mid-2025 and are approximate where noted. Sources: OffDeal, Y Combinator, Radical Ventures, Finextra, FINSMES, StartupHub.ai.