1) Overview of the Company
DiligenceVault is a digital due diligence platform founded in 2014 and headquartered in New York, serving over 70,000 users across more than 150 countries in the investment management ecosystem. The company operates as a Software-as-a-Service provider that connects institutional investors, asset managers, and service providers through a secure digital platform designed to streamline due diligence, RFP responses, and content workflows across traditional, hedge fund, and private markets strategies.
Monel Amin, Founder and CEO of DiligenceVault, established the company after serving as Head of Liquid Investments, Alternative Assets, and Investment Risks at Citigroup, drawing from direct experience with the pain points of manual, paper-intensive due diligence processes. The platform has evolved into what the company describes as “the first two-sided digital diligence ecosystem” for the asset management industry, serving both allocators conducting manager research and asset managers responding to investor requests.
DiligenceVault’s client base spans institutional investors including pension plans, endowments, foundations, insurance companies, family offices, private banks, wealth platforms, RIAs, and investment consultants, alongside asset managers across mutual funds, ETFs, hedge funds, and private equity strategies. The platform supports over 16,000 asset managers and general partners in its network, facilitating data exchange through standardized digital questionnaires from industry organizations including AIMA, ILPA, INREV, and UN PRI.
The company’s technology infrastructure includes artificial intelligence capabilities through DV Assist (launched in 2024), multilingual user interface support, and the Blaze Data Bridge standard data layer introduced in 2025. DiligenceVault maintains global operations with teams in Boston, Toronto, London, Melbourne, Singapore, and India, combining local market knowledge with centralized platform delivery.
DiligenceVault secured Series A funding of $5.97 million in October 2019 led by Goldman Sachs, with additional backing from Winton Labs through its accelerator program. The company reported revenue growth from $1.5 million in 2021 to $4 million in 2024, representing 33.42% year-over-year growth, while maintaining a team of approximately 60-65 employees as of 2024-2025.
The platform addresses what DiligenceVault research indicates is a billion-dollar industry inefficiency, where over 80% of due diligence questions are similar but inconsistently formatted, leading to duplicative manual processes across the asset management industry. Through its centralized ecosystem approach, the company aims to eliminate redundant copy-paste exercises while improving data quality, response times, and collaboration between investors and asset managers.
2) History
DiligenceVault was founded in 2014 by Monel Amin, a former Head of Liquid Investments, Alternative Assets, and Investment Risks at Citigroup. Amin established the company after experiencing firsthand the inefficiencies of manual, paper-intensive due diligence processes during her eight-year tenure at Citi in structured credit and asset and wealth management roles. Prior to her financial services career, Amin had worked in technology at Sprint, providing the technical foundation that would prove essential in developing DiligenceVault’s platform solutions.
The company was originally incorporated under the name Arthance before adopting the DiligenceVault brand. DiligenceVault launched its technology platform commercially in 2016, initially targeting the pain points of document-heavy, bilateral due diligence exchanges between asset managers and allocators. The platform was designed as the first two-sided digital diligence ecosystem connecting investment managers, asset owners, and allocators through standardized digital questionnaires and automated workflows.
In early 2018, DiligenceVault participated in an accelerator/incubator program, followed by a second accelerator program in April 2018. The company’s breakthrough funding round occurred in October 2019, when it secured $5.97 million in Series A financing led by Goldman Sachs Growth Equity, with participation from existing investors including Winton Labs through its accelerator program. This strategic minority investment enabled the company to maintain independence while accessing Goldman Sachs’ expertise and network, with Goldman Sachs also becoming a client of the platform.
DiligenceVault established its global presence through strategic office expansions, opening locations in London, India, and Singapore in 2020 as part of its APAC expansion strategy. The company reported steady user base growth from approximately 10,000 users in 2019 to over 21,000 users by 2021, with significant acceleration during the COVID-19 pandemic when user numbers more than doubled as the industry embraced digital transformation.
Key technology milestones included partnerships with industry associations AIMA, AITEC, ILPA, and UN PRI in 2018 to standardize due diligence questionnaires, and the introduction of integrations with major platforms including Microsoft Suite, SharePoint, FactSet, and Backstop Solutions. The company achieved SOC 2 Type II compliance and ISO 27001 certification by 2023, while expanding data privacy compliance to meet regulatory requirements in jurisdictions including Luxembourg’s CSSF Directive and Germany’s BaFin regulations.
DiligenceVault launched its AI-powered capabilities with DV Assist in 2024, followed by the introduction of the Blaze Data Bridge standard data layer in 2025. The platform evolved from supporting 12,000 users across Americas, Asia-Pacific, and EMEA in 2020 to over 70,000 users across 150+ countries by 2025, with a network encompassing more than 16,000 asset managers and general partners. Revenue growth reflected this expansion, increasing from $1.5 million in 2021 to $4 million in 2024, representing consistent year-over-year growth as the company established itself as a market leader in digital due diligence solutions.
3) Key Executives
DiligenceVault’s leadership team combines extensive financial services experience with technology expertise to drive the company’s mission of digitizing due diligence processes across the investment management industry.
Monel Amin serves as Founder and Chief Executive Officer, having established DiligenceVault in 2014 after serving as Head of Liquid Investments, Alternative Assets, and Investment Risks at Citigroup from 2008 to 2013. Prior to her financial services career, Amin worked as a Software Engineer at Sprint from 2000 to 2003, providing the technical foundation essential for developing DiligenceVault’s platform solutions. She holds an MBA in Finance and Strategy from Carnegie Mellon University’s Tepper School of Business and a Bachelor of Engineering in Electrical Engineering from Birla Vishwakarma Mahavidyalaya in India.
Bill Elcock serves as Head of Due Diligence & Monitoring Solutions Sales, bringing specialized expertise in operational due diligence and client relationship management. Elcock has been instrumental in expanding DiligenceVault’s client base across institutional investors and asset managers, participating in industry panels and webinars focused on operational due diligence best practices and technology adoption trends.
Guillaume Rouault holds the position of EMEA Director of Business Development, leading DiligenceVault’s European expansion since joining in April 2020. Rouault brings over 10 years of experience scaling fast-growth FinTech companies within the asset management industry, having previously served at Allocator and spent six years growing EMEA sales for eVestment, a Nasdaq company. He also worked at Bloomberg, FactSet, and S&P Global before joining DiligenceVault.
Nitin Khosla serves as Chief Technology Officer, overseeing the platform’s technical architecture and development initiatives. Khosla leads the engineering teams responsible for DiligenceVault’s AI-powered features, including DV Assist and the recently launched Document Intelligence Engine and Blaze Data Bridge standard data layer.
Taísa Condino holds the dual role of Chief of Staff to the CEO and Director of Legal, providing strategic and operational support to executive leadership while overseeing legal matters and compliance initiatives. Her position reflects DiligenceVault’s commitment to maintaining strong governance and legal frameworks as the company scales globally.
Mitesh Prajapati serves as Head of Client Success, focusing on ensuring client satisfaction and platform adoption across DiligenceVault’s global user base of over 70,000 users. Based in Toronto, Prajapati oversees client onboarding, training, and ongoing support initiatives to maximize platform value for both asset managers and allocators.
Rimsha Khan holds the position of Product Manager for Integrations, leading the development and implementation of DiligenceVault’s integration capabilities with third-party platforms including Microsoft Suite, SharePoint, FactSet, and Backstop Solutions. Khan has been instrumental in developing the Bipsync partnership announced in February 2025.
Giulia Baiocchi previously served as APAC Director, leading DiligenceVault’s Asia-Pacific expansion from Singapore starting in October 2020. With over 10 years of experience scaling high-growth Tech and FinTech companies globally, Baiocchi had previously served as Southeast Asia Director at Branch, a Silicon Valley unicorn, where she led a team of 20 across Singapore, Australia, and India.
4) Ownership
DiligenceVault operates as a privately held company with a concentrated ownership structure reflecting its status as a Series A-stage financial technology firm. The company received a strategic Series A investment of $5.97 million in October 2019 led by Goldman Sachs Growth Equity, marking a significant milestone in establishing institutional backing from a premier global investment bank that also became a client of the platform.
Goldman Sachs Growth Equity emerged as the lead investor and primary institutional shareholder in DiligenceVault’s Series A round, providing both capital and strategic value through its extensive network within the investment management industry. The Goldman Sachs investment represented more than just funding, as the firm simultaneously adopted DiligenceVault’s platform for its own asset management operations, validating the technology’s value proposition in the marketplace. This dual relationship as investor and client created a powerful endorsement for DiligenceVault’s business model and technology capabilities.
Prior to the Series A round, DiligenceVault participated in accelerator programs including Winton Labs, an accelerator backed by Winton Capital, which provided early-stage support and validation.