DiligenceVault
The two-sided network for manager due diligence questionnaires
4.3Custom / Free responder tierBest for GPs answering institutional DDQs and LPs running them
DDQ Due Diligence IR
Overview
DiligenceVault, founded in 2014, digitizes the DDQ and RFP process between allocators and fund managers. LPs build, send and score diligence questionnaires on one side; managers maintain a response library and answer once instead of re-typing the same 300 questions per investor. For VC firms raising institutional capital, being fluent in DiligenceVault increasingly matters — a growing share of allocator diligence arrives through it rather than by spreadsheet.
Key features
- Digital DDQ and RFP creation, distribution and scoring
- Manager response library with reuse and version control
- Side-by-side manager comparison and flag tracking
- Document collection and audit trail
- AI-assisted answering and review
Pros
- Kills the copy-paste DDQ spreadsheet cycle for both sides
- Network effects — thousands of managers already respond on it
- Free responder tier lowers the barrier for GPs
Cons
- Allocator-driven workflows; GPs mostly react rather than control
- Questionnaire formats still vary wildly between LPs