Your data
at your fingertips.
A single auditable source of truth for your deals and your portfolio, plugged into the source data and available in the tools you already use.
Works where your firm already works
Drive data-driven decision making across your investments and portfolio operations.
Precedent plugs into the source systems on both sides of the table, so the firm and its companies work from the same numbers, with the lineage of every figure attached.
For Investors
Know what is happening in your portfolio and make better decisions from your own deal history.
- Granular KPIs beyond the financials
- Benchmark deals against prior deals and outcomes
- Your data directly in Claude
- Everything auditable, including in Excel
For Backoffice
Reporting, valuations and audits from one source of truth.
- Real-time investor reporting
- Quarterly valuations rolled forward for you
- Portfolio and distribution forecasting
- Audits your auditors can run themselves
For Operators
Fewer update meetings. Better decisions.
- KPIs by department, live
- Alerts when something leaves its normal range
- Board and financial reporting, automated
- A CEO's unobstructed window into the company
One source of truth, plugged into the source data.
Precedent connects to the systems where the data already lives, resolves every company, deal and figure into one record, and keeps it current. Nothing migrates.
- Firm systems: CRM, data rooms, file shares, email
- Portfolio company systems: ERP, accounting, CRM, HRIS, support
- Documents: CIMs, QoE reports, board packs, models
Know what is happening in your portfolio.
Granular KPIs beyond the financials, every deal you've ever seen as a benchmark, and all of it directly in Claude.
You find out how a company is doing from a board deck, six weeks late, and only at the level of revenue and EBITDA.
Full visibility into your portfolio.
Every KPI pulled from the company's own systems and refreshed as it changes. Click any metric to see it against budget, over whatever period you need.
The board deck says EBITDA beat budget by $0.7M. Nobody can say why without a call to the CFO.
Every variance, explained.
Budget to actual, line by line, with the commentary written from the source data. Click a bar to see what drove it.
Quarter-end means weeks of collecting financials, rebuilding marks and reconciling versions before anyone reviews anything.
Automate portfolio reporting and quarterly valuations.
The quarterly portfolio report, company one-pagers and the marks build themselves from the live record. Your team reviews and adds judgement.
| Company | Q2 mark | Q3 mark | Change | Driver | |
|---|---|---|---|---|---|
| Northwind | $212M | $231M | +9.0% | LTM EBITDA +$1.6M | Ready |
| Tidewater | $148M | $139M | −6.1% | Peer multiples −0.7x | Review |
| Keel Systems | $305M | $322M | +5.6% | Net debt −$14M | Ready |
| Arbor Health | $96M | $96M | 0.0% | Held at cost | Ready |
| Marlow Foods | $74M | $81M | +9.5% | Add-on closed Aug | Review |
| Fund III (14) | $1.86B | $1.92B | +3.4% |
Your best comps are the deals you did and the ones you passed on, and they live in memos nobody reopens.
Benchmark your deals against prior deals and outcomes.
Compare an active deal to every deal the firm has done and every deal it passed on, and see how those turned out. Pick a metric.
Every underwriting case assumes growth, margin expansion and an exit multiple. Nobody checks those assumptions against what the firm actually achieved.
Make better decisions, informed by your deal history.
Precedent compares the assumptions in a new deal to what your firm underwrote on past deals and what those deals delivered. Your judgement, tested against your experience.
Your team already works in Claude. It knows the public domain and nothing about your firm.
Have your data directly in Claude.
Precedent connects to Claude, ChatGPT and Copilot. Ask about any deal or company and get your firm's numbers back, cited, with the same permissions as the app.
Tidewater at 11.8x sits between the two. Keel was bought at 10.4x with 19% growth; the firm walked from Marlow at 12.5x with 14% growth. Tidewater's 24% growth and 114% NRR are the best of the three.
Keel IC memo · p.3Marlow pass note · Apr 2024Tidewater CIM · p.22A number lands in the model and nobody can say which file it came from or which version of EBITDA it is.
Everything auditable. Even in Excel.
Type one formula and the figure appears in your sheet. Click the number and PlutoIQ opens the exact file and page it came from, with the definition it used.
Every deal you've seen, working for the next one.
Reporting, valuations and audits from one auditable source of truth.
Real-time investor reporting, marks rolled forward for you, forecasts for the fund, and an audit trail your auditors can read themselves.
Every LP question means pulling numbers from three systems and reconciling them before you can answer.
Streamline investor relations with real-time reporting.
Quarterly letters, capital account statements and LP data requests are built from the same record as the marks. Answer an LP question the day it arrives.
Quarter-end means reopening fourteen DCFs, updating every input by hand and hoping nothing broke.
Quarterly valuations, done for you.
Each DCF rolls forward automatically: the projection window shifts a quarter, LTM financials and net debt update from the source data, and the mark recalculates. Finance reviews the highlighted changes and signs off.
LPs ask when distributions are coming. The answer lives in a spreadsheet that gets rebuilt every time someone asks.
Portfolio and distribution forecasting.
Projected marks, exit timing and dividends by company roll up to fund-level NAV, DPI and distributions by year. Updated as the marks move.
| Company | Mark | Proj. exit | Proj. value | Dividends |
|---|---|---|---|---|
| Keel Systems | $322M | Q2 2027 | $410M | $38M |
| Northwind | $231M | Q4 2028 | $395M | — |
| Tidewater | $139M | Q2 2029 | $240M | — |
| Marlow Foods | $81M | Q4 2027 | $120M | $6M |
| Fund III (14) | $1.92B | 2027–2030 | $3.1B | $96M |
Audit season means a hundred questions from the auditors, each one answered by digging up a file and explaining where a number came from.
Streamline the audits.
Give auditors read-only access to the lineage. They validate the numbers themselves and come back with a handful of questions instead of a hundred.
The fund model, the LP letter and the audit file all cite the same figure, typed in three times from three places.
One figure, one source, every spreadsheet.
PlutoIQ pulls any firm or fund figure into Excel with a formula. Click the number for the file, page and definition behind it. The same lineage your auditors see.
Close the quarter from one set of numbers.
Fewer update meetings. Better decisions.
Know what is happening in every department, get alerted when something leaves its normal range, and stop spending your team's hours on board reporting.
The CEO learns how each department is doing from that department's own slide, once a month.
Know what is happening in your business.
KPIs for every department, pulled from the system each one runs on. The CEO and the management team look at the same screen, and so does the board.
By the time a metric is bad enough to make it into a meeting, it has been bad for six weeks.
Get alerted when things leave the normal range.
Precedent learns each metric's normal band and tells you the day it breaks out, with the source and the likely cause. No thresholds to maintain.
The board pack takes finance a week every quarter, and the numbers in it are stale by the meeting.
Automate board and financial reporting.
The board pack and the monthly financials build themselves from the source systems and the team's own narrative. Finance reviews instead of assembles. The sponsor gets the same numbers at the same time.
Teams report upward, and teams are incentivized to look good. By the time news reaches the CEO it has lost its edges.
A CEO's unobstructed window into the company.
Precedent reads what the systems record and compares it to what is being reported. When the two differ, the CEO sees it first, with the evidence.
Stop spending your team's hours on reporting. Let Precedent handle that.
How we protect your data.
Precedent handles deal data, portfolio company financials and compensation. These are the controls that apply to all of it.
Enterprise-grade security
Data is encrypted in transit and at rest. Single sign-on and SCIM provisioning through your identity provider. Customer-managed encryption keys on request.
Protect your data from AI training
Your data is never used to train models, by Precedent or by any AI provider we route to. Model calls are made under enterprise agreements with zero data retention.
Fine-grained permissions
Access follows your firm's roles and deal-team walls, and is enforced on every query, whether it comes from the app, Excel, Claude, ChatGPT or Copilot.
Full audit log
Every query, every answer and every source accessed is logged with the user and timestamp. Exportable for compliance review.
Your data stays yours
Your systems remain the systems of record. Precedent reads from them and writes verified results back. Full export at any time.
Compliance
Independent audits and certifications are in progress. Our security documentation and vendor questionnaire are available on request.