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DiligenceSquared has raised $5 million in a seed round led by RELENTLESS, with participation from Y Combinator. The funds will drive the company's expansion as private equity firms seek faster, cost-effective, and transparent due diligence solutions.

Since its launch in October, DiligenceSquared has worked with leading private equity firms managing over $2 trillion in assets. The platform combines AI automation with human oversight, ensuring reliability for investment decisions. This hybrid model aims to replace the outdated manual processes in commercial due diligence, positioning DiligenceSquared as a key player in the industry's shift towards AI.