Due diligence on the whole data room, in days

Factum is AI due diligence software for buyers and sell-side brokers. Its AI reads every document in the data room of the company you are buying or selling. You get each finding with its source document and page. Your own reviewer checks it and signs off.

TargetCo — Master Services Agreement, p. 146/6
ModuleLegal — change of control
FindingCustomer A can terminate its agreement with TargetCo on a change of control, with thirty days’ written notice.
Verbatim excerptCustomer may terminate this Agreement on thirty (30) days’ written notice in the event of a change of control of Supplier.
SeverityHigh — illustrative rating, subject to your reviewer’s assessment of the customer’s importance to the deal.
Source and locationTargetCo — Master Services Agreement with Customer A, page 14.
Human reviewApproved by your reviewer, by name, before export.

+3 fields, on a wider screen

A constructed example on a fictional target. No client document appears here. Your own run produces these same six fields, on your own room.

The Findings Guarantee

Three material findings your team did not already have, or the engagement is free.

For pilot mandates only. The guarantee does not apply to demos.

What is actually in the room?

A short film: three hundred documents, one weekend, and a clause on page fourteen allowing a customer to terminate on a change of control with thirty days’ notice.

The example in the film is constructed on a fictional target and says so on screen. No client document appears. Your own run produces the same six fields, on your own room.

The room you are reading was assembled by the seller

There is never time to read all of it, and what was never uploaded leaves no trace at all. The price gets set regardless of either.

You are working from a sample

Conventional diligence reads a fraction of the room. The rest is still in there, and it does not stop being true because nobody opened it.

The risk sits between disciplines

A quality-of-earnings read covers earnings. The expensive surprises sit where two specialists each assumed the other was looking.

Why use AI for this?

The short answer, without the hype.

  1. It reads every document

    A team under deadline reads a sample. The software reads the whole room, and finds what links one document to another: a clause in a contract that changes a number in the accounts.

  2. Code does the arithmetic

    Recalculations across the statements, the LBO model and the sell-side checks run in code, without the language model. A number the model writes that is in none of the quoted passages is held back.

  3. People decide

    Your reviewer checks the findings and signs off. Nothing leaves without that.

Whichever side of the table you are on, read the whole room before the price is set.

A leveraged-finance banker and a data engineer

Two people you can reach directly. Wouter structured acquisition and leveraged finance at ING. Daniel builds regulated data pipelines.

Every run goes through the same six steps

Anyone can point an AI tool at a data room. The question is what happens when the model gets something wrong.

The pipeline stops and hands it to your reviewer
  • Fabricated or hallucinated citations
  • Privacy leaks
  • Scope refusals
  • Drafts below the reviewer threshold

Every hard-block condition goes to your reviewer, never auto-approved.

Where your documents go, and who can see them

EU hosting by default, zero retention at the model provider, pseudonymisation before analysis, and your own reviewer’s sign-off. Four mechanisms, no certification.

What changes when you sign

You arrive at the table with the whole room behind you.

If you are buying

The price reflects the whole room. Every discipline, reconciled, before the number is set.

If you are selling or brokering the sale

You already know what they’ll find. The buyer’s advisers run this pass anyway. This time you saw it first.

Three steps to get started

The demo runs on your own data room. After it, your team works in the platform itself.

  1. Pick the room

    A deal you have open, or one you closed last year. A closed deal exposes nothing in process, and lets you hold what we find against what your team found at the time.

  2. Sign the NDA before a single document moves

    Thirty minutes to agree scope and jurisdiction, then the NDA goes out the same day. Access runs under a DPA, in the EU, with zero retention.

  3. Read the findings on a call, then run it yourself

    Days later, each finding with its source and location: that call is the demo. After it, your team sets up its own dossiers, invites guests and signs off its own findings.

Run it on a deal you have open now, or one you closed

Share the room under NDA, we run the full pass, and you get the findings on a call, source by source. If a sprint is not the right instrument, we will say so.

For pilot mandates only. The guarantee does not apply to demos.

The Findings Guarantee

Three material findings your team did not already have, or the engagement is free.