SourceBacked

For deal and diligence teams

A data room you can actually ask questions of.

Upload the contracts and NDAs for a deal. Ask what a specific clause says, across every document at once, and get an answer that cites the exact agreement and section, not a paraphrase you have to go verify.

asset_purchase_agreement.pdf · Section 8.3

Seller represents that no consent or approval of any third party is required in connection with this Agreement, except as set forth on Schedule 8.3(a).

Answer

Third-party consent is only required for what's listed on Schedule 8.3(a).1

Built for a deal room, not one document

Fast contract breakdowns

Parties, obligations, key dates, and the terms worth flagging, out of every agreement in the data room.

Pro/con from an investor's perspective

Ask for the read from the buy side, or the seller's side, of a specific agreement.

Brief a partner in minutes

Generate an FAQ of what a document actually says, cited back to the source, before a call instead of during one.

A note on scope: Contract breakdowns here are informational, not legal or investment advice. Confirm anything that affects deal terms or a filing with counsel before relying on it.

Questions

How fast can I go through a whole data room?
Each document processes on its own once uploaded, typically within a couple of minutes depending on length, and you can upload the whole batch at once rather than one at a time.
Can I ask a question across every document in the deal?
Yes. Chat retrieves across every indexed document in a workspace, so a question like 'which agreements have a change-of-control clause' pulls from all of them and cites the ones it actually used.