Dili Ai

What is Dili AI?

Dili AI is a specialized platform powered by artificial intelligence, built specifically for deal teams in Private Equity and Venture Capital. It’s designed to really boost how you make investment decisions. How does it do that? By using AI to dig into company data rooms, your own internal knowledge bases, and external data sources. Dili is your intelligent assistant for deal screening, helping you create lists of comparable companies, spotting potential red flags, and generally speeding up how you evaluate deals. It uses smart AI methods like text extraction, comparison, and generative AI to help you make decisions based on solid data.

Who created Dili Ai?

Garry Tan, who is the CEO and President of Y Combinator, created Dili Ai. The platform officially launched on June 21, 2023. As we mentioned, it’s an AI-powered diligence platform, and it’s really tailored for Private Equity and Venture Capital deal teams. Dili Ai offers some pretty deep due diligence capabilities. It goes through every single file in a target company’s data room, looking for things like mismatches between assets and liabilities, specific legal clauses, and any potential concerns that could impact the deal. It uses advanced AI for extracting and comparing text, plus generative AI, to compare new deals against ones you’ve looked at before. This really helps speed things up and makes your deal evaluations more accurate.

What is Dili Ai used for?

Here’s a look at what Dili AI can help you with:

• Screening OMs Automatically: It can quickly go through Offering Memorandums.
• Loan Abstraction: It helps pull out key information from loan documents.
• Lease Abstraction: Similarly, it can extract important details from lease agreements.
• Instant AI Memos: You can get AI-generated memos written up right away.
• Automating Diligence: It streamlines the diligence process for things like tax credit transfers and audits.
• Finding Overlooked Risks: Dili AI is good at spotting risks that might be missed by human eyes.
• Verifying Documents: It can check 100% of your invoices and reports for accuracy.
• Summarizing Data Rooms: Get quick summaries of everything in a data room.
• Completing DD Checklists: It helps you fill out your due diligence checklists efficiently.
• Building Custom Benchmarks: You can create your own benchmarks for comparison.

How to use Dili Ai?

To really get the most out of Dili AI, here’s a step-by-step guide:

1. Encode Your Expertise: Start by inputting your specific industry knowledge and instructions. This helps Dili fine-tune its analysis for your particular deals. You can easily update these instructions and get new feedback right away.
2. Check for Critical Issues: Use Dili to highlight crucial errors that might slip past humans during underwriting or diligence. It’s like having a second pair of eyes that never gets tired.
3. The Deployment Process:
   • Enter Key Details: First, input the important metrics, questions, and potential risks relevant to your deal data.
   • Get Reports and Flags: You’ll immediately receive reports and flagged items for each deal, ensuring your data is accurate.
   • Create Custom Workflows: You can build workflows that perfectly match how you do deals. This includes extracting data, finishing checklists, creating audit reports, drafting memos, and identifying risks.
4. See the Benefits of Dili:
   • For Deal Making: Join other leading deal makers in fields like Private Equity, Real Estate, Venture Capital, Tax Credit Deals, and more.
   • Real-time Insights: Get insights that are both current and accurate to help guide your investment choices.
5. AI Capabilities at Work:
   • Data Extraction: Dili can instantly pull out key terms and metrics from all sorts of documents and data rooms.
   • Spreadsheet Support: It handles various document types well, including data presented in tables.
   • Red Flags Identification: You can instantly spot potential problems in transactions by setting up custom red flags.
6. Examining Documents:
   • Advanced Due Diligence: Perform thorough due diligence by carefully examining every file in a target company’s data room. Dili looks for things like asset-liability mismatches, specific legal clauses, and any other potential concerns.
7. Comparing and Evaluating:
   • Compare and Evaluate: Use Dili’s generative AI to efficiently compare new deals with ones you’ve handled before. This really speeds up deal screening and the overall decision-making process.
8. Integrating External Data:
   • External Sources: You can also access and analyze data from external sources like Capital IQ, Factset, Pitchbook, and others to make your decision-making even stronger.

By following these steps and using the advanced features of Dili AI, Private Equity and Venture Capital deal teams can significantly improve their investment analysis processes and make smarter, data-driven decisions.