NEW YORK: DiligentIQ, the leading provider of AI-powered due diligence solutions for private markets, today announced it is changing its name to ToltIQ, effective immediately. The new name reflects the company’s strategic positioning within the private markets due diligence landscape and distinctively captures what sets the company apart: the ability to rapidly surface insight from thousands of complex documents with extraordinary speed, stability, and ease. In an industry where time is everything, ToltIQ delivers a smoother, smarter, and more confident path from due diligence to decision-making.

"The name ToltIQ was inspired by a moment during my time at KKR," said Ed Brandman, Founder and CEO of ToltIQ. "In an annual review, my boss shared how Icelandic horses have an additional gait, the tölt. It’s smooth, fast, and efficient, with the rider barely feeling the effort. It allows Icelandic horses to navigate complex terrain. KKR was an intense firm to work at, as well as being very rewarding. The firm took on complex challenges that were often unique in the industry. My boss was asking me to find that 'extra gait', that fifth gear. Fortunately, I was able to accept that challenge and we remain good friends to this day. ToltIQ embodies this by helping investment teams move at extraordinary speed with clarity and grace."

While adopting the ToltIQ name, the company is maintaining its iconic “IQ” logo and overall visual identity. The corporate website, LinkedIn page and team email addresses will also reflect the new ToltIQ identity. The company anticipates completing the name change process in stages over the next two weeks to minimize any potential disruptions. The name change will not affect existing client access to the platform, and all client emails and access points will be automatically redirected with no action required from current users.

ToltIQ focuses on collaborative workflows common on deal teams during diligence activities. Leveraging frontier models from OpenAI and Anthropic, ToltIQ enables investment teams to digest complex information and identify opportunities and risks with greater speed and accuracy compared to traditional methods. In benchmark testing initiated by clients, firms found 35% to 85% productivity gains, with certain diligence activities reduced from hours to minutes and multi-week projects completed in days.

Want to see how ToltIQ can streamline your due diligence process? Schedule a demo at https://toltiq.com/contact to discover how our platform transforms your workflow.

About ToltIQ
ToltIQ is the leading provider of AI-powered private market due diligence solutions for GPs, LPs, diligence advisory firms and Family Offices. By combining advanced artificial intelligence with deep private markets expertise, ToltIQ helps investment professionals conduct more thorough, efficient, and accurate due diligence. The company's platform securely ingests deal documents typically found in virtual data rooms while rapidly analyzing and categorizing them to extract critical insights. By delivering clear, actionable intelligence and reducing the need for manual workflows, ToltIQ enables investment teams to focus on what drives deal value - from growth opportunities and early detection of risks to operational improvements. ToltIQ was founded by Ed Brandman, former Partner, Chief Information Officer and Head of Credit Operations at global investment firm Kohlberg Kravis Roberts & Co. (KKR).

Fonte: Business Wire