Module 1
Cyber security posture
Security exposure that could move the price, identified before signing.
- Vulnerabilities in the target’s own code
- Third-party and end-of-life components
- Runtime and infrastructure configuration
Why now
Returns now come from operating improvement, and much of it runs through technology.
Leverage and multiple expansion no longer carry the model. Exits take longer, holds run longer and LPs ask about DPI first. The multiple you exit at is the one you build during the hold, and a large part of that value sits in the technology estate.
Technology caps the equity case
Growth, margin and exit plans all assume the platform can scale. Few of those assumptions are tested at entry.
AI cuts both ways
Every IC now asks what AI can do for the business, and what it could do to it.
Buyers read the code
Acquirers scan repositories and price technical debt into the purchase agreement. Your exit will face deeper diligence than your entry did.
Cyber risk is fund risk
A ransomware incident at one portfolio company becomes a conversation with every LP.
The operating bench is thin
One operating partner may cover fifteen companies, each reporting in its own format.
Where technology value leaks between diligence and exit
01
The three-week snapshot
Diligence gets whatever the exclusivity window allows: a sample of the estate, a few interviews and a list of caveats.
02
The report nobody reopens
The diligence report is read before the vote and rarely afterwards. Its findings have no owners, dollars or dates.
03
Updates judged from memory
Management reports in its own format, and slippage comes to light at a board meeting, quarters after it began.
04
Risks found by the buyer
The buyer’s diligence finds the license exposure or the stalled SOC 2 that nobody tracked, and prices it against you.
This is a tooling problem. Deal teams and advisors can only work with the tools they have been given.
The platform
One platform for diligence and the hold, joined by a single record
Every scope decision, artifact, working session, finding and rating is kept. Findings become initiatives with owners, dollars and dates, and management updates are checked against them. By exit, the history of what was found, fixed and built is already documented.
Pre-deal
IT due diligence
- Research
- Scope
- Data request
- Findings
- IC memo
Post-close
Value capture & risk management
- Initiatives
- Roadmap
- Management updates
- Alerts
- Exit story
The record
- First look
- LOI
- IC
- Signing
- Close
- Month 4
- Exit
01 · Pre-deal
Build conviction before you sign
A live process gives you weeks, not months. Axiarete reads everything the target provides and turns it into rated findings, each with its evidence attached.
Target research
Know the company and its market before the first management session.
Diligence paths
Scope from the thesis: technology risk, value creation or deal execution.
Data request
Generated from your scope, with a criticality and an owner for every item.
Automated diligence
Five modules run across the collected estate, and every finding is rated and evidenced.
IC report
The memo in your committee’s format, with every claim linked to its source.
Five modules for the questions an IC will ask
Module 2
Technical debt
The debt that limits the growth case, and what it costs.
- Performance and resilience
- Drag on product delivery
- Maintenance cost in opex
Module 3
Software licensing and IP
What you are buying, and what you are allowed to do with it.
- Open-source inventory and licenses
- Restrictions on use and distribution
- How defensible the IP is
Module 4
IT savings potential
EBITDA opportunities, sized before the 100-day plan.
- Where the savings sit
- Redundant tools and overlapping vendors
- Contracts to renegotiate
Module 5
AI readiness
How ready the business is to use AI, and how exposed it is to competitors who do.
- Data accessibility
- Process digitization
- Capability licensed but unused
02 · Post-close
After close, the diligence findings become the operating plan.
The operating team starts from what the deal team learned, and the platform keeps working through the hold.
Command center
Identified EBITDA and the status of every initiative (secured, in progress or at risk) on one screen.
Initiative roadmap
Cost, growth, AI and risk initiatives on a single timeline for the hold, updated as new ones are added.
High-risk management
The most severe risks tracked separately, each with an owner, until they are closed.
Update assessment
Each monthly management update checked against the plan, with the questions to raise before the call.
Value and risk ideas
New opportunities and risks researched and sized continuously. Your team decides which reach management.
Alerts
A notification when an initiative slips, instead of a surprise at the next quarterly review.
How it works
What the AI actually does
Axiarete builds an Enterprise Graph from what a technology organization produces every day, and links applications, infrastructure and AI agents to the business processes they support. A partial data set is enough to start.
Evidence first
If a finding can’t be traced to its source, it isn’t reported.
Every conclusion links to the artifact, working session or line of code behind it, and every assessment carries a confidence level. People review each judgment that matters.
Platform and people
Software for coverage, experienced engineers for judgment
Forward-deployed engineers and operators run the working sessions and test the findings. Use Axiarete alongside your advisors to make their work faster and deeper, or on its own for deals that never justified a six-figure diligence budget. Either way, the record belongs to you.
Where it fits
Useful across deal types and throughout the hold
Platform buyout
The full five-module baseline on the business you will build around, feeding both the model and the value-creation plan before close.
Carve-out
Entanglement mapped, TSA exposure sized and Day 1 readiness tested, so the perimeter you buy is the one you priced.
Buy-and-build
Repeatable diligence at add-on economics, and integration health tracked across the platform.
Growth equity
A technology read good enough for the thesis, delivered at the speed of a competitive round.
Exit readiness
Run your buyer’s diligence on yourself 12 to 18 months out, and fix each finding with a paper trail.
Portfolio baseline
One technology and cyber picture across every company, for LP questionnaires, insurance renewals and fund-level risk.
Deal partner
Conviction earlier, and a position you can defend at IC.
Operating partner
An operating team’s reach, across fifteen companies at once.
Portfolio CEO & CTO
A plan with owners and dollars instead of a 200-page report.
Investment Committee
Memos in a consistent format, with every claim one click from its evidence.
One deal, end to end
From first look to a working value plan
Illustrative · drawn from a platform demonstration
A mid-market vertical-software target. The scope was set in one working session and the data request generated the same day. The IC memo recorded a technology risk index of 58/100, four pre-close conditions that retired roughly $21M of equity-value risk, and $6.8M of run-rate improvement across the hold. At close, the findings became initiatives with owners. By month four, each management update was being checked against the plan in minutes.
DaysFrom scope to IC-ready findings
126 · 47 · 14Artifacts read · systems assessed · sessions indexed
$9.3MEBITDA identified by month four
22%Of it already secured
100%Of management updates checked against the plan
Figures are illustrative, drawn from a platform demonstration on a representative mid-market deal.
Confidentiality
Built for confidential deal work
You are sharing live deal information with us, and we treat its protection as a core product requirement.
- Segregated by clientA dedicated, isolated environment for each client, with AES-256 encryption, customer-managed keys and zero-trust access.
- No training on your dataClient and target data is never used to train models.
- Read-only accessRepository and system access is read-only and limited to what the work needs.
- Deleted when you leaveData is securely deleted within 90 days of termination, backups included, with a certificate on request.
- Independently attestedSOC 2 Type II, ISO/IEC 27001:2022 and ISO/IEC 42001:2023. Supports HIPAA compliance.
- Every finding citedEach conclusion traces to the document, session or code behind it.
Get started
Bring Axiarete into your next process.
Start here
A live deal
A working session with your deal team, then Axiarete running on your process within days.
Across the portfolio
Portfolio baseline
One consistent technology and cyber picture across your current holdings, for the annual review, insurance renewals and LP questions.
- DaysLive on your process
- At closeThe plan is already in place
- At exitThe record is ready for the buyer
FAQ
Common questions
Does Axiarete replace our diligence advisors?
Only if you want it to. It is designed to work alongside them: the platform provides coverage and evidence, your advisors go deeper in less time, and the findings carry through close. For deals that never justified a six-figure diligence budget, you can run Axiarete on its own.
Targets rarely hand over everything. How do you get the data?
Through the channels deals already use: an upload portal, data-room integration, structured management sessions and read-only repository access where it is granted. Even a limited data set produces a rated, evidenced baseline, with coverage and confidence clearly marked.
How do we know the AI is right?
Every finding traces to the artifact, session or line of code behind it, every assessment carries a confidence level, and forward-deployed experts review the judgments that matter. Findings without evidence aren’t reported.
We’re not a software fund. Is this for us?
Yes. Every company you own runs on a technology estate: ERP, data, security, vendors and, increasingly, AI. The savings, cyber and AI-readiness modules often matter most in deals nobody would call technology deals.
What does an engagement look like?
Per-deal diligence during the process, a subscription for the hold period after close, and forward-deployed support sized to the situation. We can be live on your process within days.
When should we start?
Before the next process opens. The first deal you run on Axiarete becomes the template for the ones that follow, and the record builds from there.