deal-analysis
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ToltIQ wants your deal team to stop reading in circles
The former KKR CIO behind ToltIQ has a practical bet: private equity needs better ways to interrogate its documents. His AI platform is turning the data room into a shared, searchable record - with the receipts attached.
Clarum
Clarum is a San Francisco AI startup (YC W24) building the intelligence layer for private capital. It began as an AI associate that compresses private-equity due diligence from weeks into minutes, letting firms upload data rooms and questionnaires and get transparent, sourced answers to hundreds of questions. It has since broadened toward structuring a firm's proprietary documents - deal memos, diligence notes, returns data - into a unified model that AI agents can query, so investors can finally ask cross-portfolio questions that were previously buried in files.
Keye
Keye is a New York-based AI company (YC F24) building a due diligence platform exclusively for private equity. It converts raw deal files into structured, audit-ready analyses, using what the company calls deterministic AI - natural-language understanding paired with code-based execution - so that every number ties back to a source, formula, or quote. Funds representing more than $1.4T in AUM use it to cut days off each deal.
Mosaic
Mosaic is an AI-driven operating system for deal makers in private markets. The New York-based company automates the financial modeling work that investment professionals traditionally grind out in Excel - leveraged buyouts, discounted cash flows, scenario analysis - turning a process that once took a week into roughly ten minutes. Its platform pairs rules-based calculation engines with generative AI tools like Mosaic Vision and Mosaic Autopilot to read deal documents and draft accurate, downloadable Excel models. Backed by an $18M Series A led by Radical Ventures, Mosaic counts five of the top ten global private equity firms among its customers.