DiligenceIQ — a product of AI Lighthouse Partners ← AI Lighthouse Partners
How It WorksFive stages · one continuous loop

The deal team frames it.
The platform executes it.

DiligenceIQ does not remove human responsibility from the deal process. It separates the work that requires professional judgment from the work that can be executed, repeated and scaled through AI — then keeps a traceable line between the two.

01 / The Workflow The DiligenceIQ deal diligence workflow

Five stages, run as a loop rather than a handoff.

New documents, questions and management responses can be added throughout the process and the relevant analysis re-run. The diligence view stays current as the evidence base grows.

Stage 01

Frame

Define the transaction context, investment thesis, diligence scope and key deal questions.

Stage 02

Ingest

Analyse data room documents, management information, external research and other approved sources.

Stage 03

Investigate

Run specialist diligence workstreams in parallel and test the available evidence against the deal questions.

Stage 04

Challenge

Identify inconsistencies, evidence gaps, counterarguments, red flags and areas requiring further management input.

Stage 05

Decide

Produce source-backed findings, management questions, risk summaries and draft IC-ready outputs for human review.

02 / The Operating Model Where responsibility sits

Humans lead the diligence. AI executes the workflow.

Human-led

The deal team.

Scope, interpretation, challenge and the final recommendation.

  1. 01Define the investment thesis.
  2. 02Set the diligence scope.
  3. 03Identify key deal questions.
  4. 04Select and prioritise workstreams.
  5. 05Add transaction and sector context.
  6. 06Challenge findings and assumptions.
  7. 07Review material evidence.
  8. 08Approve outputs.
  9. 09Own the final recommendation.
The Boundary
AI-executed

DiligenceIQ.

Execution, repetition and scale, under human direction.

  1. 01Ingest and organise deal documents.
  2. 02Connect information across sources.
  3. 03Analyse defined diligence questions.
  4. 04Run specialist workstreams in parallel.
  5. 05Identify inconsistencies and information gaps.
  6. 06Surface potential red flags.
  7. 07Produce source-linked findings.
  8. 08Draft management questions.
  9. 09Generate IC-ready outputs for review.
  10. 10Re-run analysis when new information arrives.

The boundary is a design principle, not a disclaimer. Nothing crosses from the execution layer into an investment recommendation without a named person reviewing the evidence behind it.

03 / One Workflow Inputs · workflow · outputs

Documents, research and deal questions in one place.

Inputs

What goes in

  • Data room documents
  • Financial and operating information
  • Market research
  • Publicly available information
  • Management responses
  • The deal thesis
  • Investment committee questions
  • Adviser knowledge and context
DiligenceIQ

The workflow

  • Ingest
  • Structure
  • Analyse
  • Challenge
  • Trace
  • Draft

Directed by the deal team at every stage, and re-runnable as new evidence lands.

Outputs

What comes out

  • Source-backed findings
  • Potential red flags
  • Evidence gaps
  • Open deal questions
  • Management question lists
  • Workstream summaries
  • Risk and opportunity views
  • IC-ready draft outputs
  • Supporting evidence and appendices
04 / In Practice Illustrative interface

What the Investigate stage looks like on a live deal.

DiligenceIQ  ·  Project Meridian  ·  Workflow · Investigate Illustrative deal data
Workstreams in progress
Selected by the deal team at the Frame stage. Each analysis is tied to a defined deal question.
Commercial & market
Market attractivenessCommercialSize, growth drivers and structural dynamics in the served market.Complete
Competitive positionCommercialDifferentiation, switching behaviour and share trajectory.Complete
Customer concentration & retentionCustomerCohort behaviour, churn and dependency on the largest accounts.Running
Pricing & marginCommercialRealised pricing, discounting and margin sensitivity.Running
Financial & value
Revenue qualityFinancialRecurring versus non-recurring, seasonality and concentration.Complete
Cash flow & working capitalFinancialConversion, seasonality and financing requirement.Running
Valuation sensitivitiesValueScenario ranges against the assumptions in the deal model.Queued
Operations, technology & people
Operating scalabilityOperationalProcess maturity and capacity to support the growth plan.Complete
Product & technologyTechnologyArchitecture, technical debt and product roadmap credibility.Running
Management capabilityManagementLeadership depth, key-person dependency and execution track record.Queued
Risk & compliance
Regulatory & complianceRiskLicences, obligations and pending regulatory change.Running
ESG & sustainabilityRiskReporting maturity and exposure relevant to the investment case.Queued

Interface shown with illustrative data. Workstreams are activated per transaction — this is one configuration, not a fixed set.

05 / Stage 04 · Challenge Evidence coverage & gap analysis

Challenge starts with knowing what you do not have.

Every requirement in the agreed scope is mapped against the evidence base. What sits in the data room, what is only partially supported, what can be sourced externally, what has to be requested from management, and what needs primary research — visible while there is still time to act on it.

DiligenceIQ  ·  Project Meridian  ·  Challenge · evidence coverage Illustrative deal data
Evidence coverage & gap analysis
Requirements plotted by where their evidence can be found. Node size reflects weight in the diligence.
0Company & Financials 0Market Dynamics 4Decision-Making 4Customer Feedback 5Competitive Positioning 2Growth Opportunities Financial history (revenue / profit) Segment / go-to-market mix Unit economics / take rate / margin Customer KPIs (counts, retention, churn) Product roadmap (labelled as plans) M&A / acquisition track record Market size (TAM / SAM / served) Market growth drivers Downturn / recession resilience Value-added / adjacent opportunity Switching triggers & lifecycle Decision process & stakeholders Purchase criteria & weights Switching complexity / friction Satisfaction / NPS Strengths — customer evidence Churn triggers (beyond price) Development areas — customer evidence Price benchmarking Competitor landscape / archetypes Criteria performance vs archetypes Feature / module benchmarking NPS by provider type Competitor pain-point synthesis Willingness to pay / full-suite demand Growth-lever agenda Contestable / new-customer pool Partner / channel whitespace Partner adoption willingness Pricing optimization / elasticity Financial history (revenue / profit) Segment / go-to-market mix Unit economics / take rate / margin Customer KPIs (counts, retention, churn) Product roadmap (labelled as plans) M&A / acquisition track record Market size (TAM / SAM / served) Market growth drivers Downturn / recession resilience Value-added / adjacent opportunity Switching triggers & lifecycle Decision process & stakeholders Purchase criteria & weights Switching complexity / friction Satisfaction / NPS Strengths — customer evidence Churn triggers (beyond price) Development areas — customer evidence Price benchmarking Competitor landscape / archetypes Criteria performance vs archetypes Feature / module benchmarking NPS by provider type Competitor pain-point synthesis Willingness to pay / full-suite demand Growth-lever agenda Contestable / new-customer pool Partner / channel whitespace Partner adoption willingness Pricing optimization / elasticity Data room
What the map is for

It turns "we have not looked at that yet" into a specific, assignable action — a management question, a research task, or a confirmation that the evidence is already in the room.

Legend
In data room
Partial
Externally sourceable
Request from management
Primary research
What happens next

Gaps become a management question list and a research plan. The deal team decides what is material enough to chase — the platform does not close a gap by inference.

Interface shown with illustrative data. Coverage is a view of the evidence base, not an assessment of the transaction.

06 / Deployment Alongside your process

It sits alongside your existing process

DiligenceIQ works with your current data room and diligence workflow. It ingests the documents you already have and produces structured outputs that feed the process you already run — no migration required.

Your methodology stays yours

Deal questions, workstream structure and output templates can be aligned to your diligence playbook and IC format. The platform is a configurable execution layer, not a fixed methodology imposed on the team.

Most firms begin with one high-friction workflow on a live or recent transaction — evidence ingestion, workstream analysis, management question generation or IC pack preparation — and widen the scope once the output has been reviewed against how the team would otherwise have worked.

Next step

Request a demo.

See how DiligenceIQ can be configured around your deal process, sector and diligence methodology. Partner-led, around 30 minutes.