# VC due diligence software that tracks every claim to its evidence

> VC due diligence software helps a fund ask founders for information, collect documents and check what it was told. Many funds use email, a shared folder and a checklist. Delsivo keeps it in the deal record: a claim tracker and scoped file requests in the pilot, then versioned forms and data rooms with guests, watermarks and activity logs in the first release. People decide what counts as verified.

Source: https://delsivo.com/vc-due-diligence-software · Updated 2026-11-06

## Key takeaways

- Early-stage diligence is mostly requests, documents and checking claims against evidence.
- Delsivo's claim tracker keeps each claim's definition, period, units and sources, with one of four evidence labels.
- Follow-up forms and file requests go out through the fund's portal, with states from Draft to Complete.
- Data rooms with folders, guests, watermarks, NDA acknowledgement and activity logs arrive in the first release.

## What VC due diligence software covers

At pre-seed and seed, diligence is lighter than in later rounds but follows the same shape. The fund asks for information, the founder sends it, and someone checks it against what the deck and the calls said. The documents go somewhere safe, a few outside experts may look at them, and the fund records what it concluded and why.

Tools for this range from a checklist and a shared drive, to virtual data rooms, to CRMs with diligence checklists. What most of them don't hold is the link between a claim and its evidence. The [VC due diligence process](https://delsivo.com/vc-due-diligence-process) guide walks through the steps in order.

## Claims first, documents second

Delsivo treats a claim as the unit of diligence. A claim records the assertion, the metric definition, the period, the amount and units, the source links, an owner and its verification state. Each carries one of four labels: founder reported, corroborated, disputed or unresolved. When facts change, earlier statements are kept.

Take a deck that says 20 enterprise customers, and an interview where the founder explains that 12 of them are unpaid pilots. Delsivo keeps both statements with their sources, marks the claim for review and creates a verification task. Nobody has to remember the discrepancy. See [claims and evidence](https://delsivo.com/claims-and-evidence).

Delsivo's evidence labels

| Label | Meaning |
| --- | --- |
| Founder reported | Stated by the founder in the deck, a form or the interview, not yet checked |
| Corroborated | Backed by a document, a data room file or an analyst's check |
| Disputed | Two sources disagree; both versions are kept and cited |
| Unresolved | Not enough evidence either way yet; it becomes a question or a task |

## Requests and forms

Requests go to the founder through your portal, not by email. In the pilot, forms take text, numbers, selections, files and required fields, and scoped file requests ask for a specific document. The first release adds currency, dates, URLs, repeating rows, conditional logic, a preview, assignees per section and delegation.

Each request moves through Draft, Sent, In progress, Submitted, Changes requested, Complete or Expired. Reminders go only for outstanding items, and a request can be revoked. Templates cover revenue quality, product, security, customers, cap table and legal. A [due diligence checklist](https://delsivo.com/templates/vc-due-diligence-checklist) template lists what to ask for.

## Data rooms, in the first release

Data rooms are planned for the first release, with folders for Corporate, Financials, Customers, Product and IP, Security, People and Round Documents. Each requested item moves through Requested, Uploaded, In review, Accepted or Changes requested, with versions, previews and questions on each file.

Named guests get access that expires, with a preview and download policy, a watermark and an NDA acknowledgement, and every view and download is logged. Uploaded files are scanned for malware before anyone can preview them or AI can read them. More on [data rooms](https://delsivo.com/data-rooms).

## Limits to know

- Data rooms, versioned conditional forms, document intelligence and cited research are first release features, not in the pilot.
- Term sheet and closing tracking are planned for a later release.
- There are no integrations with drives or CRMs yet.
- Delsivo is at the design partner stage and holds no security certification yet. The [security page](https://delsivo.com/security) lists the designed controls.

## Frequently asked questions

### What tools help a fund run due diligence?

Funds use checklists, shared drives, virtual data rooms and CRMs with diligence features. Delsivo adds a claim tracker linking each claim to its evidence, with requests and, in the first release, data rooms in the same deal record.

### Does Delsivo verify founder claims automatically?

No. AI suggests claim updates and questions with citations. An analyst decides when a claim is corroborated, and disputed claims keep both versions with their sources.

### Can outside experts see diligence files?

In the first release, named guests can be given access to specific folders or files, with an expiry, a download policy, a watermark and an NDA acknowledgement. Every view and download is logged.

## Related pages

- [Data rooms](https://delsivo.com/data-rooms)
- [Claims and evidence](https://delsivo.com/claims-and-evidence)
- [VC due diligence process](https://delsivo.com/vc-due-diligence-process)
- [Security](https://delsivo.com/security)