AIAxios54m ago
Operand, which offers AI-powered due diligence tools for PE firms
Operand, which offers AI-powered due diligence tools for PE firms, raised $31M across a seed and a Series A led by Khosla Ventures at a $220M valuation
TL;DRAI startup Operand raised $31M to automate due diligence work for PE firms.
Why it matters: PE firms waste millions on manual document review; AI automation here could reshape deal workflows and timelines industry-wide.
Operand, which uses AI to do due diligence for private equity firms, raised $31 million in seed and Series A funding, CEO Ram Gorthi tells Axios Pro exclusively.
Read full articleSource: Axios · Opens in new tab