AI Startup DiligenceSquared Raises $5M to Challenge M&A Advisors with Voice Intelligence
According to AIbase, AI due diligence startup DiligenceSquared recently announced a $5 million seed funding round. This round was led by Relentless , founded by Damir Becirovic, former partner at Index Ventures, marking the beginning of generative AI's deep involvement in the core decision-making processes of the private equity (PE) industry.
DiligenceSquared was co-founded by Frederik Hansen, former partner at Blackstone Group, Søren Biltoft, former senior consultant at Boston Consulting Group (BCG), and Harshil Rastogi, former Google engineer. As a member of YC Fall 2025, the team uses AI voice agents to replace expensive management consultants, conducting in-depth interviews directly with target company clients and executives.

This technology application significantly reduces the research costs traditionally incurred by consulting firms like McKinsey or Bain, which often range from $500,000 to $1,000,000, to just $50,000, while ensuring delivery quality verified by senior consultants.
Currently, DiligenceSquared has assisted several top global private equity funds with multiple merger and acquisition due diligence projects. Its low cost and high efficiency enable PE firms to conduct in-depth due diligence at an earlier stage of transactions.
Despite competition from peers such as Bridgetown Research , DiligenceSquared
Related article
First Baidu AI Comic Drama Creation Base in Shandong Launches in Zibo
On April 27, Shandong Province reached a milestone in digital cultural creation with the official launch of its first Baidu AI comic drama creation base at Zibo Normal College. This base represents a new chapter in school-enterprise collaboration, ai
Sandberg and Clegg Join Nscale Board as 'Stargate Norway' Startup Hits $14.6B Valuation
As demand surges for data centers capable of delivering AI compute at scale, Nscale, a British AI infrastructure company backed by Nvidia, has reached a valuation of $14.6 billion. That positions it as one of Europe's newest decacorns, alongside Hels
Runway's $5.3B Valuation Challenges Google as Video AI Surpasses Language
While most AI giants have poured billions into language models, generative AI video startup Runway is charging ahead on a very different path. According to TechCrunch, this young company—founded by art school graduates—has now reached a valuation of
Related Special Topic Recommendations
Comments (0)
0/500
According to AIbase, AI due diligence startup

This technology application significantly reduces the research costs traditionally incurred by consulting firms like McKinsey or Bain, which often range from $500,000 to $1,000,000, to just $50,000, while ensuring delivery quality verified by senior consultants.
Currently,
Despite competition from peers such as
First Baidu AI Comic Drama Creation Base in Shandong Launches in Zibo
On April 27, Shandong Province reached a milestone in digital cultural creation with the official launch of its first Baidu AI comic drama creation base at Zibo Normal College. This base represents a new chapter in school-enterprise collaboration, ai
Sandberg and Clegg Join Nscale Board as 'Stargate Norway' Startup Hits $14.6B Valuation
As demand surges for data centers capable of delivering AI compute at scale, Nscale, a British AI infrastructure company backed by Nvidia, has reached a valuation of $14.6 billion. That positions it as one of Europe's newest decacorns, alongside Hels
Runway's $5.3B Valuation Challenges Google as Video AI Surpasses Language
While most AI giants have poured billions into language models, generative AI video startup Runway is charging ahead on a very different path. According to TechCrunch, this young company—founded by art school graduates—has now reached a valuation of





Home






