# What is Delsivo

> Delsivo is an investment workspace for venture funds, with a branded portal for founders. How a deal moves through it, who uses it and what the AI does.

Source: https://delsivo.com/help/getting-started/what-is-delsivo · Updated 2026-11-07

## Key takeaways

- Delsivo has two sides. Your team works in a private workspace at app.delsivo.com; founders apply and answer requests on your fund's branded portal.
- Every deal keeps one record from the first application to the committee decision, with each figure cited to the slide, transcript or file it came from.
- The AI reads decks, screens deals against your thesis, runs interviews and drafts research and memos. It suggests and cites; a person on your team decides every stage change and approves anything sent to a founder.
- Each person has a role in the fund (Admin, Partner, Analyst, Committee member, or Member in angel networks and syndicates) that decides what they see.
- Start with the setup guide, which opens the first time you open your fund.

Delsivo is an investment workspace for venture funds. Your team screens, diligences and decides on deals in one place, and founders deal with your fund through a portal in your fund's name, logo and colours. Each deal has one record that connects the deck, your thesis, the founder interview, research, diligence requests and the committee's decision, so anyone on the team can see where a number came from and what was decided.

## The two sides

| Side | Where | Who uses it |
|---|---|---|
| **Workspace** | app.delsivo.com | Your team: deals, screening, interviews, requests, data rooms, the committee and settings |
| **Fund portal** | An address such as yourfund.delsivo.app, or your own domain | Founders: your thesis, the application, their application status, requests and interviews. Guests you invite open data rooms here too |

Founders never see your workspace, and your workspace never answers on the portal address. See [Your fund portal](/help/portal-and-branding/your-fund-portal).

## How a deal moves through Delsivo

1. **Intake.** Founders apply on your portal, a referral or scout link brings them in, a pitch arrives at your intake address, or someone on your team adds the deal. See [Applications and the deals list](/help/applications/how-applications-work) and [Your intake mailbox](/help/network-and-sourcing/intake-mailbox).
2. **Deck analysis.** The deck is scanned for malware, then read: company facts, claims and a summary, each linked to its slide. Founders can correct what was read; both versions stay visible. See [How deck analysis works](/help/applications/deck-analysis).
3. **Screening.** The deal is checked against your thesis rubric, criterion by criterion, as Met, Mismatch or Unknown, with the evidence for each. A mismatch is flagged for a person, never an automatic pass. See [Read a deal's fit report](/help/thesis-and-screening/fit-reports).
4. **Interview.** You can invite the founder to an AI interview, live or in writing, with your fund's core questions. See [Invite a founder to an interview](/help/interviews/sending-an-interview).
5. **Claims and research.** Material claims are tracked with their source and label (Founder reported, Corroborated, Disputed, Unresolved), and research briefs on the market cite dated sources. See [Track and verify claims](/help/claims-and-research/claim-tracker).
6. **Diligence.** Send founders requests for what you need and share a data room with co-investors, counsel or experts. See [How founder requests work](/help/founder-requests/how-founder-requests-work) and [How data rooms work](/help/data-rooms/how-data-rooms-work).
7. **Committee.** The memo, a frozen packet, independent reviews, conflicts and the recorded decision. See [Committee memos, packets, reviews and decisions](/help/pipeline-and-committee/committee-memos-and-votes).
8. **Closing and portfolio.** Track the term sheet and closing, then the company moves to your portfolio. Or pass with a reason and, if you like, a date or trigger to revisit. Nothing goes to the founder unless someone on your team sends it. See [Closing a deal](/help/pipeline-and-committee/closing-and-term-sheet) and [Passing on a deal and revisiting it later](/help/pipeline-and-committee/passing-and-revisiting).

Along the way, **My tasks**, stage reminders and the weekly [partner meeting brief](/help/pipeline-and-committee/partner-meeting-brief) keep the pipeline moving.

## Who uses it

| Role | Day to day |
|---|---|
| **Admin** | Sets up the fund, the team, the thesis and the portal, and sees every deal |
| **Partner** | Sees every deal, sponsors deals to the committee and, with approvals on, approves decisions and anything sent to founders |
| **Analyst** | Works the deals they own or that are shared with them, drafts requests and memos |
| **Committee member** | Reviews the committee packets sent to them and votes |
| **Member** | In angel networks and syndicates: sees the deals shared with members and records interest |

See [Team and roles](/help/team-and-settings/team-and-roles). Your fund type (VC fund, angel network, syndicate, accelerator, corporate VC or family office) changes what the committee is called and which sections show. See [Fund types and what they change](/help/team-and-settings/fund-types).

## What the AI does, and what it doesn't

The AI reads decks, applies your rubric, runs and assesses interviews on the substance of what was said, suggests claims and questions, and drafts research briefs and memos. Every finding cites its source, and AI suggestions are labelled so they look different from what a person verified. The AI never moves a deal to another stage, passes on a deal or sends anything to a founder on its own: a person on your team does that. Your fund can use Delsivo's AI or its own key. See [AI settings and your own AI key](/help/team-and-settings/ai-settings).

## Where to start

The [setup guide](/help/getting-started/setup-guide-and-tour) opens the first time you open your fund. Admins check the fund profile and invite the team, then write the thesis and open the portal. The checklist on **Home** keeps track, and **Help and setup** at the bottom of the sidebar reopens the guide or the tour at any time.

## Frequently asked questions

### Do founders pay to use Delsivo?
No. Funds pay; founders apply, answer requests and take interviews for free.

### Does Delsivo make investment decisions?
No. It organises the evidence and drafts suggestions with their sources. Your team decides every stage change, pass and investment.

### Can a founder see what my team writes about them?
No. Notes, fit reports, claims, research, interview assessments and committee material stay in your workspace. Founders see only their own application, the requests and interviews you send them, and the messages your team approves.