Diligend Rebrands as Dasseti, Announces Series A Financing Led By Nasdaq Ventures
Cloud-based digital due diligence platform strengthens its strategic partnership with
Dasseti has demonstrated a very strong year-over-year growth trajectory since launch, adding some of the world’s leading institutional investors, consultants, and asset managers to its client portfolio over recent years. The partnership with
Thanks to new technology advances, the investor due diligence space is moving beyond data collection and storage into data analysis and insight. Diligend’s rebrand to Dasseti, which means “to make visible” in Latin, reflects the way clients can use data to uncover insights and drive decision making.
2022 was a great year for Dasseti, which added new features to its allocator and consultant platform, Collect, and released Respond, a platform for asset managers. Respond reduces the time and risk associated with completing increasingly complex and lengthier DDQs and RFPs. The technology has been well received by IR teams across the asset manager community.
Dasseti has big plans for Collect, as new use cases are emerging for private markets around ESG and DEI data. Collect allows research and due diligence teams to collect, aggregate and analyze large quantities of custom data. The insights gleaned can aid risk management, drive investment decision making and support regulatory compliance.
In addition to joining the
“The Dasseti team has created a comprehensive platform that reduces operational risk for investors while making the due diligence process more efficient and scalable,” said
Dasseti (formerly Diligend) is transforming investment due diligence and monitoring with a digital platform that facilitates data exchange and analysis at scale.
Dasseti allows allocators to transform and streamline their decision-making process, digitizing, centralizing and optimizing the due diligence and data collection processes. It also allows asset managers to respond faster, with less risk to RFPs and DDQs as well as improve Investor relations.
Dasseti was founded with a vision to transform the way institutional investors and asset managers utilize and exchange information. The platforms use natural language processing, AI and advanced automation to streamline processes and provide greater insights.
Dasseti counts many of the world’s largest asset owners, consultants and managers amongst its clients with over
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