India Bengaluru, India · Venture capital
Technical diligence on a Series A AI SaaS company
An investor needed to know whether an impressive AI product was a durable company or a wrapper.
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 fund had a term sheet ready on an AI SaaS company with strong traction, but wanted an independent read on how much of the advantage was proprietary versus a thin layer over a foundation model.
What we did
- Assessed the architecture and where the genuine proprietary advantage sat.
- Ran the Wrapper Test against the next model release and the provider dependency.
- Modeled unit economics at scale and evaluated the team.
The outcome
The investor received a decision-ready memo that located the real risks precisely, which reshaped both the questions for management and the terms of the deal.