Founders Circle 2026 Limited 2026 cohort. Four slots. Review terms →

Prepared for your investment committee.
Commercial Due Diligence platform for PE teams investing in software

Is this software company a gold-star investment?

The price. The hidden findings. The risks. The path to growth. The four questions your investment committee asks of every software deal. We show what the revenue is doing. You price the deal.

What a software company's revenue is really doing, and where its next growth can come from. Every figure traceable to source, in five to seven business days from data receipt.

Illustrative InteliqX dashboard and Commercial Due Diligence memo, synthetic data
Turnaround
5 to 7 business days
Output
CDD memo and dashboard
Audit
Source-linked
i.
The problem

How do you price a platform that has already gone through buy-and-build?

Most software companies that change hands between investors have already been transformed. Add-ons on add-ons, integrations, a revenue base that reads one way in aggregate and another once you decompose it by cohort, source, and vintage.

Pricing that for another three to five year hold is a different problem. The question is not whether the growth happened. It is whether it can happen again, without the M&A engine that produced it.

Generic tooling summarizes what the asset has been. InteliqX shows what the revenue is actually doing.

ii.
What we deliver

What earns the gold star.

A finished Commercial Due Diligence memo for investors in software companies, from continuation vehicle buyers to buyout sponsors and their advisors, built around the four questions your investment committee weighs.

i.

The math at the price.

Returns math at the proposed terms, sensitivities across entry discounts, benchmarked against industry operating metrics, derivation shown. Your IC picks the number.

ii.

Findings a summary will miss.

The problems every summary hides: quiet erosion inside healthy aggregates, revenue leaking without a logo churning. Sized in dollars, traced to source.

iii.

Risks you can stand behind.

The few risks that matter, each sized in dollars, with the path to manage them.

iv.

A path to growth.

Where retention, expansion and pricing can grow revenue, and where it leaks: the levers, owners and dependencies for the first year, each sized from the data.

The costs have usually been cut by the time a software company changes hands. What remains to underwrite is growth.

iii.
How the platform works

Three steps from data to memo.

i

Upload

Share the company’s CRM and billing exports through a secure upload. The analysis adapts to what you share, with any limits stated on the cover.

ii

Analysis

The platform cleanses, reconciles and analyses the revenue by cohort, source and vintage. Encrypted, logically separated by customer, and never used to train models.

iii

Results

Your Commercial Due Diligence memo and dashboard in five to seven business days from data receipt, every figure traceable to source. A walkthrough with our team is included.

iv.
Security

Built for institutional security review.

  • i.
    SOC 2 Type II examination in progress
    With an independent CPA firm; observation period 29 September to 30 December 2026; report expected in the first quarter of 2027. Once issued, the report is available under NDA.
  • ii.
    Separated by customer
    Each customer’s data is logically separated from every other customer’s data.
  • iii.
    Encrypted in transit and at rest
    TLS 1.2 or higher in transit and AES-256 at rest, including backups.
  • iv.
    Your data stays your data
    Your files are used only to produce your analysis and are never used to train AI models. Raw records are not sent to the AI model.
v.
Founder

Built by an analytics leader.

Built enterprise analytics at a large technology and security business, then founded an independent analytics consulting practice. That work included the revenue analytics for a $250M business and a framework that identified $3M in revenue leakage. MBA and MS in Computer Science.

Every software deal asks whether the revenue can grow for another hold. That is a revenue-quality question. It is a question I have answered inside a large enterprise and for clients since. InteliqX brings that lens to the deal.

vi.
Founders Circle · 2026

A founding cohort of software investors.

A few continuation vehicle buyers, buyout sponsors and their advisors, working with us on live transactions and shaping the platform as it matures. Entry is staged so the proof comes before the commitment.

Post-cohort
Standard access
Tiered to the analytical depth of the deal.
Per-deal pricing, shared in the demo.
  • ·Five to seven business day delivery from data receipt
  • ·Commercial Due Diligence memo, every figure linked to source
  • ·Upgrade the analysis tier mid-deal
  • ·Standard support tier
Available after the 2026 cohort closes
Founding Partner option. One of the four 2026 slots carries a deeper trade. The Founding Partner is the cohort’s public flagship: a named launch case study, a quote on this site, and one joint industry appearance. In exchange, the deepest terms in the 2026 cohort, locked for three years, with early access to new capabilities. One firm. Discussed under NDA.
vii.
Engage

See the platform.

Founders Circle or standard access, the first step is the same: a thirty-minute demo. We reply within one business day.

Request access
We typically respond within one business day. All correspondence is treated as confidential.