# Sightglass

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sightglass

- Industry: Software
- Headquarters: Portland, US
- Website: www.usesightglass.com
- Total disclosed funding: $3M
- Latest round: Seed (Dec 5, 2024)
- Investors on record: 1

## About

Sightglass, Inc., based in the US, specializes in AI-driven solutions that enhance the due diligence process for investment firms and asset owners by streamlining information management and improving communication.Sightglass, Inc. was founded in 2024 in Portland, US, focusing on creating advanced tools for the investment community. The company, led by CEO Thomas Buley, raised USD 3.000 mn in a Seed round on December 5, 2024, with Base10 Partners as the lead investor, marking its first significant funding. The company has not undergone notable pivots or changes in operations since its inception.Sightglass primarily offers an AI-powered data room designed to streamline the due diligence process for investment firms and asset owners. The platform enables clients to efficiently manage information requests, reducing the time required to complete Due Diligence Questionnaires (DDQs) by as much as 90%. Users can benefit from an AI co-pilot that assists in drafting initial responses based on prior submissions, making it easier for limited partners (LPs) to find information without burdening general partners (GPs) with additional requests. Sightglass’s services are tailored for investment firms and asset owners, facilitating collaboration and improving communication among team members while ensuring data security through features like question-level permissioning. The company serves clients across various geographical markets, although specific regions are not disclosed.Sightglass operates on a subscription-based revenue model, with clients typically engaging through annual or monthly fees for access to its platform. Transactions occur between investment firms, asset owners, and Sightglass as clients pay for the services that enhance their due diligence processes. These clients benefit from streamlined operations, including automated follow-ups and status change alerts. While specific pricing plans are not disclosed, the platform is designed to offer tailored solutions that cater to the unique needs of investment firms and asset owners, ensuring efficient collaboration and effective management of DDQs and compliance reporting. The company’s revenue is bolstered by its flagship offering, the AI-powered data room, which positions it as a valuable tool for fostering better relationships between GPs and LPs in the investment landscape.In December 2024, Sightglass, Inc. raised USD 3 million in Seed funding led by new investor Base10 Partners. The funding will be utilized to broaden its market reach and expedite product development. The company plans to enhance its platform with new features and aims to expand its services into additional geographic markets, targeting sectors that require efficient due diligence processes.

## Funding rounds

- Seed, Dec 5, 2024, $3M — Base10 Partners

## Investors

- Base10 Partners (https://capitalatlas.ai/funds/base10-partners) — Seed