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Features

Everything a deal team does in diligence, run by an agent that doesn't miss the boring files.

Thread is one system that reads, threads, verifies, and surfaces. Here's what's inside.

Read everything

Reads the entire data room, from any VDR

Export your room from any VDR (Datasite, Intralinks, SharePoint, Firmex) and upload it, connect DealRoom natively, or drop documents in directly. Thread reads every file across every function and generates its own diligence requests as it finds gaps.

  • Standalone-first, works with the room you already use
  • Financial, commercial, legal, technical, and people diligence
  • Auto-generated follow-ups for missing or unclear items
1,206 documents read78 processing
of 1,284 in the room · across 5 functions
62 diligence requestsauto
generated from gaps found in the room
Thread to thesis

Every finding tied back to why you're buying

Set your thesis once. Thread organizes the entire read around your pillars, so you see what confirms the deal and what challenges it, not a flat list of observations a junior would hand you.

  • Findings mapped to thesis pillars in real time
  • Pillar health updates as diligence lands
  • Buyer-led structure, built on the Buyer-Led M&A framework
Durable Retention1 risk
Concentration finding threaded here
Founder & CultureChallenged
No retention package found
Market ConsolidationHolding
Clean cap table, no blocking CoC
Verify

Cross-referenced across models, so you see what it missed

Every finding is read by more than one model. Where they agree, confidence is high. Where they diverge, Thread routes it to you instead of quietly picking an answer. The disagreement is the signal.

  • Independent reads, surfaced side by side
  • Divergences flagged for a human decision
  • Verified-clean areas shown, because that's a finding too
Model AModel Bdiverged
Deferred revenue: one reads it clean, one flags $1.2M as possible pull-forward
91% agreement45 clean
3 divergences routed to you
Carry it to close

Findings, integration, and the agreement on one thread

Diligence isn't a checklist you hand to the lawyers at the end. Each risk is traced to the integration action it needs and the specific protection it requires in the purchase agreement, drafted as you go.

  • Integration plan builds while diligence runs
  • Each risk mapped to a draft term in the agreement
  • Anything that can't be protected is flagged before signing
§ Retention-linked earnoutDrafted
Covers the concentration risk · ready for counsel
§ TSA scheduleOpen
Held open until the seller returns scope
Decide & defend

Living readouts, every line sourced

Spin up an IC brief, a financial diligence summary, or a status view that refreshes as the deal moves. Every line traces to its source, so it holds up in front of an investment committee.

  • IC brief, QoE, status, integration plan, or custom
  • Every finding sourced and threaded
  • Auto-refreshes as new documents land
IC BriefCurrent
Verdict, material findings, all sourced · updated 2m ago
Diligence Status3 open
47 of 62 requests resolved
Compound

It gets sharper every deal

After close, Thread tracks how its calls aged and feeds the outcomes back in. A private, growing record of what got flagged, what you decided, and how it turned out that no one else can build from your deals.

  • Post-close checkpoints on every tracked call
  • Honest track record, including the misses
  • Outcomes recalibrate future risk reads
Concentration earnoutHeld
Accounts retained · protection worked
Tech-debt estimateRan heavy
Recalibrates scoring for re-platforms

See it on your own deal.

Start free, or book a walkthrough with the team.