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
Ctrip Business Travel Unveils AI Ecosystem with 7 Industry Agents and 17 Core Capabilities
Ctrip Business Travel has officially unveiled the "Ctrip Business Travel AI Ecosystem," leveraging large language models to fundamentally restructure corporate travel management. This comprehensive ecosystem addresses four core scenarios: travel arra
Stripe to Acquire OpenRouter as AI Model Routing Gains Momentum
Stripe has agreed to acquire OpenRouter, an AI model-routing platform that gives developers access to hundreds of models through a single interface. The deal adds model selection and routing to Stripe’s existing work around AI usage and token-based b
Former OpenAI Researcher Barrett Zoph Returns to Google to Support Gemini Development
Barret Zoph, who previously abruptly left and joined OpenAI due to a disagreement with Thinking Machines Lab CEO Miriam Mularati, has once again changed employers. Alphabet's Google announced that Zoph will return as Vice President of Research, bring
Related Special Topic Recommendations
Comments (2)
0/500
$5M for an AI that listens to calls? Hope it's better than my last Zoom interview where the AI kept mistaking my dog for a speaker. 🐶
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
Ctrip Business Travel Unveils AI Ecosystem with 7 Industry Agents and 17 Core Capabilities
Ctrip Business Travel has officially unveiled the "Ctrip Business Travel AI Ecosystem," leveraging large language models to fundamentally restructure corporate travel management. This comprehensive ecosystem addresses four core scenarios: travel arra
Stripe to Acquire OpenRouter as AI Model Routing Gains Momentum
Stripe has agreed to acquire OpenRouter, an AI model-routing platform that gives developers access to hundreds of models through a single interface. The deal adds model selection and routing to Stripe’s existing work around AI usage and token-based b
Former OpenAI Researcher Barrett Zoph Returns to Google to Support Gemini Development
Barret Zoph, who previously abruptly left and joined OpenAI due to a disagreement with Thinking Machines Lab CEO Miriam Mularati, has once again changed employers. Alphabet's Google announced that Zoph will return as Vice President of Research, bring
$5M for an AI that listens to calls? Hope it's better than my last Zoom interview where the AI kept mistaking my dog for a speaker. 🐶





Home






