Founders Circle 2026 Limited 2026 cohort. Four slots. Review terms

Prepared for the secondaries IC.
Boston · 2026
Continuation Vehicle Underwriting

The AI-powered CV underwriting platform.

ML-driven quantitative analysis for secondaries IC. Built around the questions a continuation vehicle actually has to answer, delivered on the timeline of the trade.

Engagement
5–7 trading days
Output
IC-ready packet
Audit
Source-linked
i.
The problem

How do you underwrite a platform that has already gone through buy-and-build?

Most of the assets your IC reviews on the CV side have already been transformed. Add-ons stacked on add-ons. Multiple integrations. A revenue base that looks one way in aggregate, and another way once you decompose it by cohort, customer source, and acquisition vintage.

Underwriting that profile for another three to five year hold is materially different from underwriting an organic-growth asset. The question is no longer whether the growth happened. The question is whether it can happen again, this time without the M&A engine that produced it the first time.

Generic diligence tooling was not built for that question. It summarizes what the asset has been. InteliqX is built to answer what it will do next.

ii.
What we deliver

Outputs built for the people sitting in the IC.

Not a co-pilot. Not a chat interface. A finished analytical packet, written to the register your partners expect.

i.

Quantitative IC packet

Institutional-grade analysis with audit-grade source linkage. Designed to read like the work product of a senior investor. Not a model dump, not a chatbot summary.

ii.

Cleansed and reconciled

CV deal data arrives messy. Multiple system exports, inconsistent customer IDs, ad-hoc finance pulls. We handle the cleansing and reconciliation work before our ML analysis runs, so the partner reading the packet doesn't inherit someone else's data hygiene problem.

iii.

Scope that fits the data you have

The depth of analysis adapts to the data scope you provide. Less data does not mean less rigor; it means a tightly bounded analysis with the boundaries made explicit on the cover.

iv.

On the timeline of the trade

Five to seven trading days from data handoff to IC-ready output. Built around how secondaries deals actually close, not the rhythm of a typical advisory engagement.

iii.
How an engagement works

Three steps. No methodology theater.

i

Scope

Brief intake. We confirm the asset, the data you can share, and which engagement tier fits. You sign a scope acknowledgment so the boundaries are explicit on both sides.

ii

Analysis

The data goes into our environment, encrypted in transit, isolated by tenant, no training on your files. We run the analysis. You stay out of it.

iii

Delivery

A finished IC-ready packet in five to seven trading days, with every figure traceable to its source. Optional debrief with your deal team after delivery.

iv.
Founder

Built by a strategy and operations leader.

Shefali spent more than fifteen years building revenue forecasting systems and revenue leakage frameworks for multi-billion-dollar enterprise software businesses at Dell EMC and RSA Security. Her forecasting systems supported over $500M in annual revenue. Her leakage frameworks surfaced more than $20M in recovered value. She holds an MBA and an MS in Computer Science.

Every CV underwrite asks whether the asset's revenue profile can compound for another hold. That is a revenue-quality question. It is the question I spent fifteen years answering inside Dell EMC and RSA Security, for boards and finance leadership. InteliqX brings that lens to the trade.

v.
Security

Posture, not pageantry.

  • i.
    SOC 2 Type I, underway
    In flight via Vanta. Report available to qualified prospects on request.
  • ii.
    Tenant isolation by design
    Customer data is segregated at the database tier from the first commit.
  • iii.
    End-to-end encryption
    All data encrypted in transit and at rest. Keys managed in AWS.
  • iv.
    No training on your data
    Your files are used to produce your analysis. They are not used to train models.
A two-page security overview for institutional reviewers is available on request.
vi.
Founders Circle · 2026

A founding cohort of secondaries funds.

In 2026, InteliqX is partnering with a small number of secondaries funds and CV-active sponsors as Founders Circle members: early customers who work with us on live transactions and shape the platform as it matures.

Post-cohort
Standard engagement
Tiered to the analytical depth of the engagement.
Pricing discussed in the scope conversation.
  • ·Five to seven trading day delivery
  • ·IC-ready packet, audit-grade source linkage
  • ·Mid-engagement scope upgrade path
  • ·Standard support tier
Available after the 2026 cohort closes
Founding Partner option. One of the four 2026 slots is reserved for a Founding Partner: a mid-size secondaries fund willing to serve as a reference customer in exchange for preferential terms. Discussed under NDA.
vii.
Engage

Conversations begin with a request.

Whether you're inquiring about Founders Circle membership or a standard engagement on an active asset, the first step is the same: a thirty-minute scope conversation. Send a note and we'll respond within one business day.

Request access
We typically respond within one business day. All correspondence is treated as confidential.