Operand, which offers AI-powered due diligence tools for PE firms, raised $31M across a seed and a Series A led by Khosla Ventures at a $220M valuation
THE SO WHAT
If private equity is wiring $31M into AI-native diligence at a $220M valuation, the underwriting stack itself is becoming software-addressable. Expect deal timelines, data room expectations, and buy-side vendor checks to compress — if you sell into PE-owned companies, assume your numbers will be machine-scrutinized by default.
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