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DiligenceSquared Inc.

AI-powered market due diligence for investment decisions

DiligenceSquared delivers AI-powered market due diligence for investment decisions - like the $1M McKinsey reports, but automated, auditable, and at a fraction of the cost. When Private Equity funds evaluate deals, they pay firms like McKinsey, BCG, and Bain $500K-$1M for market due diligence. The process takes weeks, and the output is a static PowerPoint that's impossible to audit. A single large-cap PE fund can spend >$30M annually on this and the total market is $10B+ per year. Our AI agents conduct expert interviews and synthesize insights with every claim linked to source transcripts. No black box, no "trust me" slides, and no 10x mark-up for human labor. Frederik bought these reports as a Principal at Blackstone. Soren sold them as a Principal at BCG. Harshil is a repeat founder and former Software Engineer at Google. We've seen both sides and know what matters in due diligence - and now we automate it. Our clients already include two of the world's five largest PE funds, and several mid-market funds - demonstrating broad appeal of our technology. Potential clients with users on our platform represent 60% of the top-30 PE funds globally.
Active Founders
Frederik Hansen
Frederik Hansen
Co-Founder & CEO
Frederik is the CEO and Co-founder of DiligenceSquared. Before DiligenceSquared, Frederik was a Principal in Blackstone's Private Equity team across San Francisco, New York, and London, doing multi-billion dollar buyout deals. He was a key decision-maker on the buy-side of commercial due diligence projects, commissioning dozens of $500K+ reports from firms like McKinsey and BCG. He knows what makes diligence credible to investors - and where traditional consulting wastes time and money.
Soren Biltoft-Knudsen
Soren Biltoft-Knudsen
Co-Founder & President
Soren is the COO and Co-founder of DiligenceSquared. Before DiligenceSquared, Soren was a Principal at BCG's Private Equity team in New York, focusing on commercial due diligence for some of the world's largest private equity, growth equity, and hedge funds. He led 40+ commercial due diligence projects and knows the workflows intricately - what insights investors actually need and how AI can deliver them faster and better.
Harshil Rastogi
Harshil Rastogi
Co-Founder & CTO
Harshil is the Co-Founder and CTO at DiligenceSquared. Before DiligenceSquared, Harshil was a Software Engineer at Google, where he led AI/ML systems in Google Ads to detect abusive ads at scale. Earlier in his career, Harshil held Product Manager and Software Engineering roles at Acronis, Flipkart and Innovaccer. He also co-founded and successfully exited a start-up.
Company Launches
DiligenceSquared - AI-powered market due diligence for investment decisions
See original launch post

Hey everyone!

We're Frederik, Soren, and Harshil – co-founders of DiligenceSquared.

TL;DR

DiligenceSquared automates market due diligence for private equity funds. Our AI agents conduct expert interviews and synthesize insights into fully auditable reports – replacing the $500K+ due diligence work from McKinsey, BCG, and Bain.

We have deep expertise from senior industry positions at Blackstone, BCG and Google. Frederik bought this research at Blackstone, and Soren sold it at BCG.

Our clients already include two of the world's five largest PE funds and several mid-market funds demonstrating the broad appeal of our technology.

Ask: Can you introduce us to private equity funds, hedge funds or private credit funds that need credible market intelligence? Contact us at founders@diligencesquared.com

https://youtu.be/DwNAEVXpv8c?si=qIkt0KSTylIdBg4T

❌ The Problem

Private equity funds spend >$10B annually on commercial due diligence. A standard engagement:

  • Costs $500K-$1M per project
  • Takes 2-4 weeks to deliver
  • Relies on junior Associates often only 1-2 years out of university
  • Provides zero transparency – no way to trace PowerPoint conclusions back to underlying evidence

The result: Funds delay diligence until the last minute because it's too expensive to do early or skip it entirely on smaller deals. In increasingly competitive capital markets, this creates a real disadvantage.

✅ Our Solution

Our AI agents autonomously conduct expert interviews and synthesize insights with every claim linked directly to source transcripts. The advantages are significant:

  • Speed & Scale: Parallel process interviews in local language and instantly synthesize insights with AI.
  • Transparency and depth: Trace any insight back to its underlying source, such as exact quote in interview transcripts. No black box, no "trust me" slides.
  • Cost: Fraction of traditional fees—making diligence economical for deals that couldn't justify it before.

As one Managing Director at a PE fund told us: "80% of the insight at 5% of the cost. It's a no-brainer for early-stage Commercial Due Diligence."

🤝 The Team

Our team has spent years in private equity, consulting, and tech. We know what great due diligence looks like and how to automate it.

  • Frederik was a Principal at Blackstone's Private Equity team across London, NYC, and San Francisco. He spent 6 years buying these $500K+ reports and knows exactly what investors find valuable versus unnecessary bloat.
  • Soren was a Principal at BCG in NYC and spent 7 years leading commercial due diligence projects for the world's largest funds. He knows exactly which process and analytical steps can be automated.
  • Harshil was a Software Engineer at Google, leading AI systems in Google Ads. He's a repeat founder with 10 years of experience building production ML systems and knows how to operationalize them at scale.

🙏 Our Ask

Can you introduce us to:

  • Private Equity, Growth Equity, Private Credit, and Hedge Funds
  • Portfolio companies or corporates that need market intelligence
  • Deal professionals frustrated with traditional market due diligence

👉Contact us at founders@diligencesquared.com or visit www.diligencesquared.com

YC Photos
DiligenceSquared Inc.
Founded:2025
Batch:Fall 2025
Team Size:3
Status:
Active
Location:San Francisco
Primary Partner:Nicolas Dessaigne