TTM Revenue
$101.8M
40.7% growth
Run institutional-grade operational due diligence faster, smarter, and configured to your firm's playbook. Built with diligence operators from top advisory firms.
The platform
Analysis
High · Revenue
Customer #1 = 34% of revenue. CoC trigger in MSA.
MSA_Atlas_2023.pdf, p. 14High
MSA termination on close. ARR exposure $14.2M.
MSA_Atlas_2023.pdf, p. 14AP automation: $1.2M–$1.8M savings, 8-mo payback.
Offshore customer success: $0.8M–$1.1M run-rate savings.
Report
TTM Revenue
$101.8M
40.7% growth
Revenue CAGR (3y)
12.1%
Growing
Gross margin
33%
Down 300 bps
EBITDA
$12.2M
Flat YoY
EBITDA margin
12.0%
Down 630 bps
SG&A % of revenue
21.0%
Up from 17.7%
Chat
Build an LBO model from the data room financials.
Building LBO model…
LBO model ready: sources & uses, debt schedule, returns.
LBO_Model_Atlas_v3.xlsx01 Evidence-backed findings 02 IC-ready memo draft 03 One workspace
How it works
Fulcra AI ingests the data room and management call transcripts, identifies the findings, ties them to business impact, scores severity, and drafts the IC report. Your team reviews, edits, and signs off.
Documents and call transcripts are ingested and organized by workstream automatically.
Fulcra AI generates findings, business impact, severity, and value creation opportunities.
High · Revenue
Customer #1 = 34% of revenue. Change-of-control trigger in MSA.
MSA_Atlas_2023.pdf, p. 14 Evidence-backedYour team reviews, edits, and approves the analysis. Each finding includes a data room reference.
Customer concentration 34%
Flat EBITDA despite revenue growth
Drafted in your firm's template. Export or share the final memo with your team.
Acme Capital Partners
Investment Committee Memorandum
Operational diligence supports proceed subject to customer concentration protections and MSA assignment at close…
Your templateThe methodology
Every firm runs diligence differently. We tailor the platform to match your approach and deliverable format.
Institutional knowledge
Findings are captured structurally (sector, deal stage, risk type, severity, source clause), not buried in chat history. On the next target in the same sector, the patterns your team has seen before flag themselves automatically. After ten deals, your firm has a proprietary diligence intelligence layer that doesn't exist anywhere else. Your IP, not ours.
Questions
Frontier models are powerful, but they're general-purpose. Point one at a data room and you get a competent summary, not a diligence finding. Fulcra AI is built on frontier models (we're model-agnostic and constantly testing across them), but the value is the infrastructure on top: the ODD methodology senior operators actually use, the prompting and retrieval pipelines tuned for diligence-grade output, the structured findings capture, and the workflow that mirrors how top firms run a deal. The model is the engine. The diligence platform is the car.
Most AI diligence tooling organizes the documents in your data room and pulls out contract clauses. We took a different approach: we replicated the operational diligence methodology that top advisory firms charge six figures to deliver, layered AI on top to make it faster and more thorough, and made it accessible to every PE firm, not just the ones who can afford a Big 4 ODD engagement.
Complete operational due diligence. When you onboard, we configure your workstreams, standard document request list, and diligence process inside the platform, tuned to how your firm runs deals. The system comes with 10+ prebuilt workstreams across ODD: talent and workforce, financials, customer concentration, legal, IT, cybersecurity, insurance, vendors, facilities, and more.
We're model-agnostic. We continuously test prompts and pipelines across the major frontier models (Anthropic, OpenAI, Google, and others) and route each task to whichever model produces the best result for that diligence step. As frontier capability improves, Fulcra improves automatically. You're never locked into one provider's quality ceiling.
In a single-tenant environment hosted in US regions. We've built Fulcra with enterprise-grade security protocols and are actively in the process of SOC 2 certification. Documents are encrypted at rest and in transit. We operate under zero-data-retention agreements with every LLM provider in our stack: your data room contents are never used to train shared models and aren't retained by the model providers after inference.
Lower- and middle-market private equity firms running diligence in-house, or outsourcing to advisory firms and wanting faster, more accurate results at lower cost. Firms that want to surface risk flags early, move decisively on the deals that clear, and make sure nothing slips through diligence on the ones that don't.
Yes. We onboard your existing template once during setup, and Fulcra AI drafts in your format for every subsequent deal: sectioning, voice, and structure preserved.
Get started
See Fulcra AI on a live data room, from ingest to IC-ready memo, configured to how your firm runs deals.