Due Diligence AI Agent —
M&A Document Review in TDX.
Read entire M&A data rooms inside a hardware enclave. Risk matrix, deal memo and clause extract — without exposing target documents to a US-controlled cloud.
From Starter $349/month. VDR connectors on Enterprise.
The pain
Data rooms break review tools and weekend plans.
5,000 documents, 96 hours
Mid-market deal rooms routinely exceed 5,000 files. Associates burn weekends paginating through duplicate NDAs and out-of-scope finance schedules. The signal-to-noise ratio collapses, and material risks slip past the redaction.
US-cloud DD tools waive privilege risk
Kira, Luminance and most current AI DD tools route documents through US-controlled clouds. For European targets and sponsor-led deals, that creates a privilege-waiver discussion before the deal team even starts reviewing.
Legacy review tools drown in PDFs
Image-only PDFs, scanned paper minutes, multilingual contracts and inconsistent file naming break most rule-based DD platforms. The associate ends up doing the OCR and the categorization manually anyway.
Workflow
Five steps from VDR to deal memo.
Ingest
Upload the data room or connect to your VDR (Datasite, Intralinks, Ansarada, iDeals, Drooms). Files enter the TDX enclave over TLS 1.3 — no copy lands on VoltageGPU disk.
Categorize
The agent classifies each document against a deal-room taxonomy: corporate, contracts, IP, employment, real estate, finance, regulatory, litigation, data protection.
Extract
Per category, the agent extracts the structured fields the deal team actually needs: change-of-control, exclusivity, IP assignment, key-person clauses, indemnity ceilings, and so on.
Score
Findings are graded CRITICAL / HIGH / MEDIUM / LOW against a deal playbook you can override. Each row carries a source document and a page reference.
Memo
A partner-ready memo summarizes the top ten issues with recommended next steps. Risk matrix exports to Excel or Google Sheets.
Supported document categories
Built around the deal-team taxonomy.
- · Articles
- · Cap table
- · Shareholder agreements
- · Board minutes
- · Subsidiary register
- · Top customers
- · Top suppliers
- · JVs
- · Distribution
- · License-in / license-out
- · Patents
- · Trademarks
- · Domain register
- · Source code license inventory
- · Open-source compliance
- · Key-person contracts
- · Restrictive covenants
- · Bonus plans
- · Stock options
- · Convention collective
- · Lease register
- · Termination notices
- · Environmental reports
- · CapEx commitments
- · Pending cases
- · Settled disputes
- · Regulatory inquiries
- · Insurance claims
- · DPIAs
- · RoPA
- · Sub-processor list
- · Breach history
- · CNIL correspondence
- · Audited statements
- · Mgmt accounts
- · Net debt schedule
- · CapEx forecast
- · Working capital
Output
Risk matrix, deal memo, clause extract.
Three artefacts the deal team actually opens. Excel-grade risk matrix, partner-ready memo, and a clause extract for the contracts that will end up in the SPA disclosure schedule.
One row per finding · category · severity · source · page · next step
Partner-ready synthesis · top-ten issues · recommended SPA disclosures
Redline-ready clauses for change-of-control, IP, key-person, indemnity
Pricing
Starter
$349
Small bilateral deals
Pro
$1,199
Mid-market data rooms
Enterprise
$3,499
VDR connectors + R1-TEE
Plus plan ($20/mo) supports manual single-document review but does not include bulk DD ingestion.
FAQ
Frequently asked questions.
How does the matrix know what is CRITICAL vs HIGH?
The default playbook is calibrated against EU mid-market M&A patterns: change-of-control without consent on a top-10 customer = CRITICAL; warranty cap below market = HIGH; a single-jurisdiction lease near term = MEDIUM. Pro and Enterprise customers can upload their own playbook PDF or markdown to override the default thresholds.
What about non-English documents?
The agent handles EN, FR, DE, ES and IT natively. A French M&A data room with a German subsidiary register and English material contracts is the typical case — the agent processes each in its native language and the matrix is produced in the deal-team working language.
Can findings link back to the source document?
Every row in the matrix includes the source document name and page reference. Pro and Enterprise plans include click-through links to the original file in the connected VDR — so the partner reviewing the memo can jump directly to the clause.
Is the data room shared with the underlying LLM provider?
No. The Qwen3-235B-TEE and DeepSeek-R1-TEE base weights are open and frozen. The inference happens inside an Intel TDX enclave VoltageGPU operates inside the EU. There is no upstream provider to "share" with — and even VoltageGPU operators cannot read prompts because the enclave keys do not exist outside the silicon.
Run a pilot on a small deal first.
Start with a single bilateral deal on Starter. Scale to mid-market on Pro when you're ready.