DiligentIQ Rebrands as ToltIQ to Accelerate AI-Powered Due Diligence in Private Markets

NEW YORK--(BUSINESS WIRE)--DiligentIQ, the top provider of AI-powered due diligence solutions for private markets, has announced it is rebranding to ToltIQ, effective immediately. The new name underscores ToltIQ's strategic position in the private markets due diligence arena and highlights its unique capability to swiftly extract insights from thousands of complex documents with exceptional speed, reliability, and ease. "The name ToltIQ is inspired by a memorable experience at KKR," explained Ed Brandman, Founder and CEO of ToltIQ. "During an annual review, my boss mentioned the tölt, an extra gait of Icelandic horses known for its smoothness, speed, and efficiency. Just like the tölt helps horses navigate challenging terrain, we strive to help investment teams tackle complex challenges with clarity and grace. This inspiration has shaped ToltIQ’s mission to deliver a more streamlined and intelligent due diligence process." Despite the name change, ToltIQ will retain its recognizable “IQ” logo and visual identity. The transition will be implemented in stages over the next two weeks to minimize disruptions. Existing clients will continue to have seamless access to the platform, and all client communications and access points will be automatically redirected without requiring any action from current users. ToltIQ specializes in optimizing collaborative workflows typical in deal teams during due diligence. By harnessing cutting-edge models from OpenAI and Anthropic, the platform enables investment teams to process and interpret complex information with greater speed and precision compared to traditional methods. Client-led benchmark tests have demonstrated significant productivity gains, ranging from 35% to 85%. These improvements reduce certain diligence tasks from hours to minutes and complete multi-week projects in just days. To learn more about how ToltIQ can enhance your due diligence process, schedule a demo at https://toltiq.com/contact. About ToltIQ ToltIQ is a leader in AI-driven private market due diligence solutions, catering to GPs, LPs, diligence advisory firms, and Family Offices. The company combines advanced artificial intelligence with deep private markets expertise to assist investment professionals in conducting more thorough, efficient, and accurate due diligence. ToltIQ's platform securely ingests and analyzes deal documents commonly found in virtual data rooms, quickly categorizing them to extract crucial insights. This streamlined approach delivers clear, actionable intelligence, reducing the need for manual tasks and allowing teams to focus on value-driving activities such as identifying growth opportunities, detecting risks early, and implementing operational improvements. Founded by Ed Brandman, a former Partner, Chief Information Officer, and Head of Credit Operations at global investment firm Kohlberg Kravis Roberts & Co. (KKR), ToltIQ is poised to revolutionize the due diligence landscape in private markets.