Announcing o11's backing from Y Combinator.
Automated Due Diligence: Reading 100+ Documents in Minutes
The “Data Room Dump.” It happens on Friday afternoon. The seller uploads 500 new documents to the VDR. Your MD emails: “Can you give me a summary of the key risks in these contracts by Monday morning?”
There goes your weekend.
Traditional due diligence is a brute-force exercise. You read. You highlight. You type notes in Excel. It is slow, prone to human error, and exhausting.
AI-Powered Due Diligence changes the math. It turns “Reading” into “Querying.”
The “Needles” in the Haystack
What are you actually looking for in the Data Room? Usually, it’s specific “red flags” buried in 50-page PDFs:
- Change of Control clauses in customer contracts.
- Early Termination fees in vendor agreements.
- Rent Escalation clauses in leases.
- IP Ownership disputes in legal correspondence.
Finding these manually requires reading 99% irrelevant text to find the 1% that matters.
How o11 Automates the Review
o11 doesn’t just summarize text; it extracts structured data from unstructured files.
Use Case 1: The Lease Review
Scenario: You have 50 commercial leases in a folder. You need a “Rent Roll” schedule. The o11 Workflow:
- Drag the 50 PDFs into o11.
- Prompt: “Create a table listing the Tenant, Lease Start Date, Lease End Date, Monthly Rent, and Security Deposit for all these files.”
- Output: An Excel file with the data extracted perfectly relative to the source.
Use Case 2: The Contract Risk Assessment
Scenario: Buying a SaaS company. You need to know if their customers can leave if the company is sold. The o11 Workflow:
- Select the “Customer Contracts” folder.
- Prompt: “Flag any contracts that contain a ‘Change of Control’ provision that requires customer consent.”
- Output: A list of the 3 key contracts out of 100 that pose a risk, with the exact page number and text snippet.
Accuracy vs. Speed (You can have both)
The fear with AI is “hallucinations.” Can you trust it with legal docs?
o11 is built for auditability. When o11 gives you an answer, it provides a citation. Click the link, and it jumps you to the exact paragraph in the PDF where it found the answer. You never have to “trust” the AI blindly; you verify its work in seconds.
Conclusion
Due diligence shouldn’t be a hazing ritual. It should be a rigorous investigation. By automating the extraction of facts, o11 allows deal teams to spend their time analyzing the implications of the findings rather than hunting for them.
