IC draft, p.4
Live state for every deal
One live state for every deal.
DealState turns scattered files, emails, notes and updates into a source-backed view of what the team knows, believes, questions and still needs.
Source-backedConflict-awareAlways current
Project Nova case packet
Source-to-state registerSource ledgerIncoming
May version
CFO update
Derived registerv0.7
Current truthARR currently recorded at €18.4m
ConflictIC memo still carries €17.8m
Missing itemCustomer cohort analysis requested
Latest stateContinue diligence
Latest
state
state
THE DISTINCTIONDocuments record what arrived.
Documents record what arrived.
Investment state records what the team believes.
DealState keeps source material visible, but makes the derived state explicit: facts, issues, conflicts, missing items and memo-ready conclusions.
SOURCE MATERIAL
Documents arrive
Files, notes, numbers and fragments enter the deal room.
DERIVED FACTS
Facts are extracted
Claims become structured, source-linked evidence.
OPEN ISSUES
Uncertainty stays visible
Conflicts, missing items and stale assumptions remain explicit.
MEMO-READY STATE
The team has a current truth
The investment view becomes versioned, auditable and reusable.
Documents→Extraction→Reconciliation→Versioned investment state
The state loop
From artefacts to investment state.
DealState derives facts, issues, conflicts and missing items from deal materials, then keeps that state versioned as new information arrives.
Source-to-state registerv0.7
Ingest
Sources
Derive
Facts
Reconcile
Conflicts
Version
Changes
Act
Memo-ready
Ingest
Collect files, emails, notes, updates and artefacts.
Derive
Extract facts, claims, numbers, dates, owners and obligations.
Reconcile
Surface conflicts, unsupported claims, missing data and superseded materials.
Version
Track what changed since the last review.
Act
Ask source-backed questions and generate investment work from current state.
Project Nova
A live state register, not a file store.
Open the synthetic demo to inspect the current state, provenance, conflicts, missing materials, latest changes, source-backed answers and generated outputs.
Current stateContinue diligence
Active reviewMedium confidence, source coverage 46%.
Metric conflict€18.4m ARR vs €17.8m ARR
ConflictModel and IC memo need reconciliation.
Missing materialCustomer cohort analysis
RequestedRequired to support NRR and retention claims.
State surfaces
The state register is the product.
Chat can query the state, but the durable value is the versioned register the whole team can inspect.
Facts
Material numbers and claims stay attached to sources.
Issues
Risks, conflicts and unsupported claims remain visible.
Materials
Received, missing, requested and superseded artefacts sit in one ledger.
Changes
The team can see what moved since the last review.
Outputs
Briefs, updates and request lists generate from current state.
Every material number carries provenance.
Claims are not flattened into summaries. They remain attached to sources, confidence levels, conflicts and review status.
Catch up without the handover.
- New materials
- Revised numbers
- Opened issues
- Resolved conflicts
- Superseded sources
Here is the current investment state of the deal.
Where it came from, what changed, what conflicts, and what still needs review.
View demo dealLatest-state sealProject Nova
Current stateContinue diligence
ConfidenceMedium
Source coverage46%
Open issues5