United States Boston, USA · Growth equity
Diligence on an AI infrastructure company for a growth fund
A growth investor needed to test whether an AI infrastructure story would survive the next model cycle.
Service: AI Diligence for Investors Illustrative case study. Representative of our work and anonymized. It does not name a client, and the outcome is described qualitatively.
The challenge
The target had strong revenue, but the fund wanted to understand how durable the technical advantage was and how exposed the margins were at scale.
What we did
- Evaluated the architecture and the defensibility of the core technology.
- Stress-tested dependency on model providers and the effect of the next release.
- Modeled unit economics under aggressive growth.
The outcome
The fund got a clear, independent view of where the durability and the risk actually sat, ahead of a large check.