I use Needl.ai for private equity and credit deal flow due diligence analysis.
Streamlined due diligence has cut review time from months to a week and supports faster deal progress
What is our primary use case?
How has it helped my organization?
Needl.ai has become an important part of our due diligence process. It helps us get through large, messy data rooms much faster and quickly find the information and red flags that matter. The biggest difference for us has been speed. What used to take around three months now takes about one week, which helps our team move deals forward much faster. At this point, Needl.ai has become indispensable to our diligence workflow.
What is most valuable?
The most valuable features are automation and speed.
What needs improvement?
It would be nice to have an automated update whenever additional information is added to the data room being used for a particular deal.
For how long have I used the solution?
I have used it for 1 year.
Which solution did I use previously and why did I switch?
I did not use any previous solutions.
What's my experience with pricing, setup cost, and licensing?
The setup cost involves custom pricing.
Which other solutions did I evaluate?
I have considered alternate solutions such as ROGO.
What other advice do I have?
The Needl.ai team is great to work with, and the product performs as advertised.
