M&A due diligence

Close with conviction,
not a shared inbox.

Lens runs the whole review on one board: a five-phase checklist, an AI reader that works through the data room, and a living risk register — so the deal-killer surfaces in week one, not the week of close.

Inside the workspace

  1. 01The checklist
  2. 02The AI reader
  3. 03The risk register

Sold with hands-on onboarding — no self-serve tiers, no pricing page. We set up your first deal room with you.

DSample Acquisition / OverviewLive

Deal overview

Sample Acquisition

ACME Systems Inc. · $48M enterprise value

47%

complete

Financial72%
Legal55%
Commercial60%
Operational40%
Closing10%

Top risks

8 open

Supplier contract auto-terminates on change of control

highLegal › Contracts

Customer concentration exceeds threshold — Acme 22%

highCommercial › Revenue

Open critical findings from last pen test

mediumOperational › Security

A live deal board — progress by phase, risks ranked by severity, each traced to its source.

Due diligence still runs on twelve spreadsheets and a shared inbox.

Requests scatter across email. The data room is a folder of PDFs no one has fully read. The risk list lives in one analyst's head until the investment committee asks. Lens pulls all of it onto a single board — assigned, evidenced, and current — so the team spends its time judging the deal, not chasing the file.

What it does

Three surfaces, one source of truth

01The checklist

One checklist, five phases, every workstream

Financial, legal, commercial, operational, closing — each phase gates the next. Every request is assigned, tracked, and tied to the document that satisfies it. Nothing sits in an inbox.

02The AI reader

AI reads the data room and drafts the findings

Upload a contract, a cap table, a debt schedule. The reader extracts the terms that matter, matches them to the checklist, and flags the change-of-control clause or covenant before you do.

03The risk register

A living risk register the whole team can see

Every flag — customer concentration, missing IP assignments, thin covenant headroom — rolls up into one register, ranked by severity, traceable back to the source document.

How it works

Five phases. Each one gates the next.

The workspace mirrors how deals actually get done — you can't close what you haven't cleared. Progress and open flags roll up phase by phase.

  1. 01

    Financial

    Do the numbers hold up?

  2. 02

    Legal

    What are we actually buying?

  3. 03

    Commercial

    Is the market real?

  4. 04

    Operational

    Can it scale after close?

  5. 05

    Closing

    Are the conditions met?

Security

Confidential by default

Deal data is the most sensitive thing a firm handles. Access is scoped to the deal, the audit trail is the document itself, and no one sees a room they're not in.

Access

Least-privilege by deal

Per-deal membership — viewer, member, owner. People see only the rooms they are on, nothing else.

Team

One board for the deal team

Partners, counsel, CFOs and analysts work the same live board — not a thread of emailed spreadsheets.

Evidence

Every claim traces to a document

Each status and finding links back to the file in the data room that supports it. The audit trail is the work.

Get started

See it on one of your live deals.

Lens is sold with hands-on onboarding — we set up your first deal room and workstreams with you. Tell us about your pipeline and we'll take it from there.