Hi there,
Three years ago, we formed Dealstitch to help private market investors harness generative AI in their workflows, with their data, in a fast-changing environment. GenAI had just emerged, and we felt two things were clear:
- The fundamental shifts already reshaping private markets were only going to accelerate. Wealth channels opening up, private credit replacing bank lending, robust secondary markets — these were signs of a maturing, more complex market. The rate of change would be unrelenting.
- At the same time, AI would challenge the status quo about what technology could do for an industry still running on legacy systems, fragmented data, and manual work. The assumption that existing infrastructure would more or less support firms through these shifts was in question. Not just in how firms operated, but in how they competed to raise and deploy capital.
Our view was that the flow and accessibility of data was the single greatest constraint on the rate of change across both trends, and that AI would erode this friction, acting as a forcing mechanism for the industry. We felt this way because we'd spent years building software for GPs and LPs (deal flow systems, portfolio analytics, LP reporting tools) and knew the industry wasn't well-positioned to adopt AI in ways that actually mattered. Investors are running increasingly complex strategies, often on spreadsheets and muscle memory, with software and data infrastructure everyone already felt was lacking.
We believe the gap between firms that can credibly adapt and those that can't is widening quickly. The upside is massive, but so is the complexity.
Firms are grappling with immediate questions: how to create an edge in sourcing and diligence, how to stress-test deals and challenge IC groupthink, how to model exit plans and timing with greater precision. And they're thinking longer-term: how to build an AI strategy that holds up as technology evolves, how to surface untapped LP capital as new sources emerge, and how to avoid investing in solutions today that become obsolete tomorrow.
These are the questions we help investors and service providers navigate.
Dealstitch is an AI consultancy built by private markets operators to help firms bridge this transition. We're technologists running our own business on the same AI capabilities we help firms adopt. We work hands-on with teams to connect near-term decisions to a long-term plan, identifying where AI moves the needle and integrating solutions that get it done.
We'll be sharing what we're learning here. Short, practical takes on AI in the real world of private markets. Not high-level trend pieces, but the stuff we're seeing in the trenches: what's working, what isn't, and the specific problems that don't get enough attention but matter right now.
Our goal is to be candid, useful, and specific. We hope you'll find it valuable.
- Clay & Max
