# Delta > Delta is deal management software for private equity teams. It keeps a deal's pipeline, due diligence, documents and closing on one record, from first look to funds flow. AI agents read the documents and propose; people confirm. Every figure keeps a link to its source. Delta is built by Verde Equity Partners, a private equity firm, which runs its own acquisitions on it. Access is by invitation. Delta is also written "Delta Deals", after its domain, deltadeals.ai. It is not related to any other company or product named Delta. - Website: https://deltadeals.ai/ - Application (sign in): https://app.deltadeals.ai - Request access: jhamby@verdecompanies.com - Category: deal management software, due diligence software, private equity software - Last updated: 2026-09-28 ## What Delta does - **Deal pipeline**: Deals and fundraising on one pipeline, with stages the firm configures and entry gates that compute from the record. - **Due diligence checklist**: A checklist per vertical, grouped by department, with two review lanes and uploads linked to the line they answer. - **Review queue**: Every AI proposal arrives as one card: the claim, its source and the consequence. Confirm writes it to the record. Dismiss records a reason. - **Findings**: Risks and opportunities with a priced financial impact, each linked to the document and page it came from. - **Seller questions and portal**: Questions for the seller sit on the checklist line they belong to. Sellers answer and upload through a portal link, with no account. - **Financial results**: Every figure across four periods: screening, LOI, quality of earnings and current. An entered value beats a computed one, and the trail says which is which. - **AXIS document workbench**: Draft from a clause library, compare a turn against ratified terms and see a breach before counsel does. Works beside Microsoft Word. - **Ask**: Questions about a deal answered from the record and its documents, with the sources shown. - **Focus**: One list of the tasks, reviews, documents and replies that need one person, across every deal. - **CRM**: People, organisations and investor profiles, linked to the deals and raises they take part in. - **Tasks and projects**: One task record shared by deals, projects and teams. - **Closing**: The closing checklist, review packets for counsel and a two-step release for anything that leaves the firm. ## How a deal moves through Delta Every deal runs one spine of six stages. Each stage has a gate, and the gate computes from the record. It never opens on assertion. 1. **Intake**: Enough identity to screen: who, what, size, source. 2. **Screening**: The buy box clears its floor, or a formal exception says why. 3. **LOI**: Terms reviewed against the standard. Variances defended. 4. **Raise**: Capital committed. Carry table and vehicle recorded. 5. **Diligence**: The committee votes on an assembled memo, not a verbal update. 6. **Close**: Funds flow complete. Every checklist line cleared. ## Rules Delta keeps - **Nothing writes silently.** Every agent proposal waits for a person. Confirm is the only thing that changes the record, and the card stays badged as agent-origin after. - **Every number has a source.** A figure without provenance is an assertion, and Delta does not price assertions. One click from any number reaches the field, the document, the page. - **Dismiss asks why.** There is no bare X. The reason is structured, recorded with the card, and read back when the same claim comes around again. - **Nothing external sends in one gesture.** Approving content and releasing it are separate, visible acts. A reply to counsel, a request to a seller, a packet to the committee: two steps, every time. - **It works without the AI.** Every workflow can be done by hand. The agents make it faster. They are never the only way through. ## Questions ### What is Delta? Delta is deal management software for private equity teams. It keeps a deal's pipeline, due diligence, documents and closing on one record, from first look to funds flow. ### Who is Delta for? Delta is for private equity deal teams: the partners, associates and operators who source, diligence and close acquisitions. Sellers and their advisers take part through a portal link and do not need an account. ### What does Delta replace? Most deal teams run a deal across a CRM, a data room, spreadsheets, a task tool and email. Delta puts the pipeline, the due diligence checklist, findings, seller questions, documents and the closing checklist on one record, so a figure reads the same everywhere it appears. ### How does Delta use AI? Delta's agents read uploaded documents, extract figures, flag where two documents disagree and draft findings. Each proposal arrives as a card that shows the claim and its source. Nothing changes the deal record until a person confirms it, and a dismissal records the reason. ### Does Delta work without the AI? Yes. Every workflow in Delta can be done by hand. The agents make the work faster, and they are never the only way through. ### How do I get access to Delta? Access to Delta is by invitation. Write to jhamby@verdecompanies.com to ask for a walkthrough on a live record. Existing users sign in at app.deltadeals.ai. ### Who builds Delta? Verde Equity Partners built Delta to run the firm's own acquisitions, and runs them on Delta today.