Latest news with #EdBrandman
National Post
2 days ago
- Business
- National Post
DiligentIQ Announces Name Change to ToltIQ
Article content NEW YORK — DiligentIQ, the leading provider of AI-powered due diligence solutions for private markets, today announced it is changing its name to ToltIQ, effective immediately. The new name reflects the company's strategic positioning within the private markets due diligence landscape and distinctively captures what sets the company apart: the ability to rapidly surface insight from thousands of complex documents with extraordinary speed, stability, and ease. In an industry where time is everything, ToltIQ delivers a smoother, smarter, and more confident path from due diligence to decision-making. Article content 'The name ToltIQ was inspired by a moment during my time at KKR,' said Ed Brandman, Founder and CEO of ToltIQ. 'In an annual review, my boss shared how Icelandic horses have an additional gait, the tölt. It's smooth, fast, and efficient, with the rider barely feeling the effort. It allows Icelandic horses to navigate complex terrain. KKR was an intense firm to work at, as well as being very rewarding. The firm took on complex challenges that were often unique in the industry. My boss was asking me to find that 'extra gait', that fifth gear. Fortunately, I was able to accept that challenge and we remain good friends to this day. ToltIQ embodies this by helping investment teams move at extraordinary speed with clarity and grace.' Article content While adopting the ToltIQ name, the company is maintaining its iconic 'IQ' logo and overall visual identity. The corporate website, LinkedIn page and team email addresses will also reflect the new ToltIQ identity. The company anticipates completing the name change process in stages over the next two weeks to minimize any potential disruptions. The name change will not affect existing client access to the platform, and all client emails and access points will be automatically redirected with no action required from current users. Article content ToltIQ focuses on collaborative workflows common on deal teams during diligence activities. Leveraging frontier models from OpenAI and Anthropic, ToltIQ enables investment teams to digest complex information and identify opportunities and risks with greater speed and accuracy compared to traditional methods. In benchmark testing initiated by clients, firms found 35% to 85% productivity gains, with certain diligence activities reduced from hours to minutes and multi-week projects completed in days. Article content Want to see how ToltIQ can streamline your due diligence process? Schedule a demo at to discover how our platform transforms your workflow. Article content About ToltIQ Article content ToltIQ is the leading provider of AI-powered private market due diligence solutions for GPs, LPs, diligence advisory firms and Family Offices. By combining advanced artificial intelligence with deep private markets expertise, ToltIQ helps investment professionals conduct more thorough, efficient, and accurate due diligence. The company's platform securely ingests deal documents typically found in virtual data rooms while rapidly analyzing and categorizing them to extract critical insights. By delivering clear, actionable intelligence and reducing the need for manual workflows, ToltIQ enables investment teams to focus on what drives deal value – from growth opportunities and early detection of risks to operational improvements. ToltIQ was founded by Ed Brandman, former Partner, Chief Information Officer and Head of Credit Operations at global investment firm Kohlberg Kravis Roberts & Co. (KKR). Article content Article content Article content
Business Wire
2 days ago
- Business
- Business Wire
DiligentIQ Announces Name Change to ToltIQ
NEW YORK--(BUSINESS WIRE)--DiligentIQ, the leading provider of AI-powered due diligence solutions for private markets, today announced it is changing its name to ToltIQ, effective immediately. The new name reflects the company's strategic positioning within the private markets due diligence landscape and distinctively captures what sets the company apart: the ability to rapidly surface insight from thousands of complex documents with extraordinary speed, stability, and ease. In an industry where time is everything, ToltIQ delivers a smoother, smarter, and more confident path from due diligence to decision-making. In an industry where time is everything, ToltIQ delivers a smoother, smarter, and more confident path from due diligence to decision-making. Share "The name ToltIQ was inspired by a moment during my time at KKR," said Ed Brandman, Founder and CEO of ToltIQ. "In an annual review, my boss shared how Icelandic horses have an additional gait, the tölt. It's smooth, fast, and efficient, with the rider barely feeling the effort. It allows Icelandic horses to navigate complex terrain. KKR was an intense firm to work at, as well as being very rewarding. The firm took on complex challenges that were often unique in the industry. My boss was asking me to find that 'extra gait', that fifth gear. Fortunately, I was able to accept that challenge and we remain good friends to this day. ToltIQ embodies this by helping investment teams move at extraordinary speed with clarity and grace." While adopting the ToltIQ name, the company is maintaining its iconic 'IQ' logo and overall visual identity. The corporate website, LinkedIn page and team email addresses will also reflect the new ToltIQ identity. The company anticipates completing the name change process in stages over the next two weeks to minimize any potential disruptions. The name change will not affect existing client access to the platform, and all client emails and access points will be automatically redirected with no action required from current users. ToltIQ focuses on collaborative workflows common on deal teams during diligence activities. Leveraging frontier models from OpenAI and Anthropic, ToltIQ enables investment teams to digest complex information and identify opportunities and risks with greater speed and accuracy compared to traditional methods. In benchmark testing initiated by clients, firms found 35% to 85% productivity gains, with certain diligence activities reduced from hours to minutes and multi-week projects completed in days. Want to see how ToltIQ can streamline your due diligence process? Schedule a demo at to discover how our platform transforms your workflow. About ToltIQ ToltIQ is the leading provider of AI-powered private market due diligence solutions for GPs, LPs, diligence advisory firms and Family Offices. By combining advanced artificial intelligence with deep private markets expertise, ToltIQ helps investment professionals conduct more thorough, efficient, and accurate due diligence. The company's platform securely ingests deal documents typically found in virtual data rooms while rapidly analyzing and categorizing them to extract critical insights. By delivering clear, actionable intelligence and reducing the need for manual workflows, ToltIQ enables investment teams to focus on what drives deal value - from growth opportunities and early detection of risks to operational improvements. ToltIQ was founded by Ed Brandman, former Partner, Chief Information Officer and Head of Credit Operations at global investment firm Kohlberg Kravis Roberts & Co. (KKR).
Yahoo
18-02-2025
- Business
- Yahoo
DiligentIQ Raises $12 Million in Series A Funding Round Led by FINTOP Capital to Accelerate AI-Powered Due Diligence in Private Markets
NEW YORK, February 18, 2025--(BUSINESS WIRE)--DiligentIQ, the leading AI-powered platform for conducting private equity due diligence, has raised up to $12 million in a two-tranche Series A funding round led by FINTOP Capital and partner JAM FINTOP. The investment will be used to scale DiligentIQ's team and operations as it expands its presence in private markets. It will also accelerate product innovation, expand integrations, and scale go-to-market efforts. DiligentIQ is a generative AI platform that is tailored to support the nuanced needs of private market investment professionals as they evaluate deal opportunities. The technology securely ingests deal documents typically found in virtual data rooms (VDRs) while rapidly analyzing and categorizing them to extract critical insights. By delivering clear, actionable intelligence, and reducing the need for manual workflows, DiligentIQ enables investment teams to digest complex information and identify opportunities and risks with greater speed and accuracy. The company was founded by Ed Brandman, former Partner, Chief Information Officer and Head of Credit Operations at global investment firm Kohlberg Kravis Roberts & Co. (KKR). After a career in private markets, Ed recognized the potential for generative AI to address the tight time constraints and the vast amounts of data inherent in due diligence processes by streamlining analytical workflows. "We're excited to partner with FinTop Capital as we bring AI-powered intelligence to the due diligence process in private markets," said Ed Brandman, Founder and CEO of DiligentIQ. "Our platform serves as a co-pilot for investment teams, enabling them to streamline analysis of VDR documents and focus on what drives deal value - from growth opportunities and early detection of risks to operational improvements." "DiligentIQ is more than just another AI tool, it's a transformational force in private markets," said Rick Kushel, Managing Partner and Co-Founder of FINTOP Capital. "Ed and his team have built a purpose-driven platform that not only accelerates due diligence but enhances the quality of investment decision-making. We see DiligentIQ becoming an indispensable part of the private equity workflow, and we're proud to support their vision." DiligentIQ is already deployed across leading private equity firms, family offices and diligence advisory firms, including HarbourVest Partners, Fortress Investment Group, Investcorp, and PPC Enterprises. Professionals interested in learning how DiligentIQ can accelerate their due diligence process should request a product demonstration at About DiligentIQ DiligentIQ is the leading provider of AI-powered private market due diligence solutions being used by over 65 GPs, LPs and Family Offices. By combining advanced artificial intelligence with deep private markets expertise, DiligentIQ helps investment professionals conduct more thorough, efficient, and accurate due diligence. The company's platform is trusted by leading private equity firms and diligence advisory firms to streamline their due diligence processes while maintaining the highest standards of accuracy and compliance. For more information, visit About FINTOP Capital FINTOP Capital is a venture capital firm focused on early-stage fintech companies. With over $700 million in committed capital across five funds, FINTOP brings decades of fintech founding and operating experience to the boardroom, partnering with innovative entrepreneurs to push the frontiers of the financial services sector. For more information, visit About JAM FINTOP JAM FINTOP is a joint venture between JAM Special Opportunity Ventures and FINTOP Capital. The partnership brings together bank experts and seasoned fintech entrepreneurs to invest in companies changing the way financial institutions and their customers move, track, and interact with money. For more information, visit View source version on Contacts Media David SchraederHead of Sign in to access your portfolio
