Clarum

Clarum is an AI-powered platform that streamlines and enhances the due diligence process for private equity firms and wealth managers. It automates traditionally manual tasks involved in due diligence, providing reliable and traceable answers to complex financial questions by leveraging advanced generative AI.

Key features:
- Reliable and Traceable Answers: Links every number or sentence in responses back to its source document, allowing users to easily verify information.
- Central Knowledge Repository: Imports data from various sources including Virtual Data Rooms (VDRs), shared drives, emails, and local files for comprehensive data management.
- Quantifiable Insights: Answers hundreds of questions from due diligence questionnaires in minutes and generates follow-up questions and Requests for Information (RFIs) based on missing data.
- Intelligent Search: Enables users to search for specific information across all sources, including charts from PDFs, tables from spreadsheets, or critical numbers from presentations.
- Security: Prioritizes data security with end-to-end encryption in transit and at rest, offers customizable hosting options, and is committed to ongoing security certifications including SOC 2.

How it works:
1. Users import data from their VDR, shared drive, or local computer.
2. Users upload their due diligence questionnaires to the platform.
3. Clarum processes the data and answers hundreds of questions in minutes, providing reliable and traceable insights.

Integrations:
Virtual Data Rooms (VDRs), Shared Drives, Email Systems, Local Files

Use of AI:
Clarum uses generative artificial intelligence to automate the due diligence process. The platform employs advanced AI models to understand and process complex financial data, providing accurate and reliable answers.

AI foundation model:
While the specific AI foundation model or Large Language Model (LLM) is not explicitly mentioned, Clarum utilizes sophisticated AI techniques to deliver its services.

Target users:
- Private Equity Firms
- Wealth Managers
- Financial Analysts

How to access:
Clarum is available as a web application, accessible from any device with internet connectivity.