DiligenceSquared applies generative AI and voice agents to conduct customer and market interviews that underpin commercial due-diligence reports for private-equity buyers. Its platform automates the data-gathering typically performed by high-priced consultants, then routes the findings to senior human consultants for verification and synthesis. The resulting 200-page-style reports, normally costing $500,000–$1 million from firms like McKinsey or Bain, are delivered by DiligenceSquared for roughly $50,000. Since launching in October as part of Y Combinator’s Fall 2025 cohort, the company has completed multiple projects for several of the world’s largest PE funds and mid-market investors. Co-founders Frederik Hansen (ex-Blackstone) and Søren Biltoft (ex-BCG) bring deep domain expertise, while third co-founder Harshil Rastogi contributes engineering experience from Google. Early traction suggests PE firms now engage the service earlier in their deal funnel because of the lower price point, potentially expanding the company’s addressable market. Although revenue figures were not disclosed, the successful seed raise underscores investor confidence in its scalable, cost-disruptive model.

Total raised

$5M

Funding rounds

1

Latest round

Seed

Latest activity

Mar 2026