Blogs.
Articles, research notes and case studies from the team.
The pitch deck problem
Most pitch decks are now built by AI, and a growing number are screened by AI before a human reads them. So what is a pitch deck still for, and is it time to change how investors screen? In collaboration with Commonplace.
ReadValuing AI companies for allocators
AI-native software is priced on recurring revenue and gross margin, but built on rented models, at margins that may not widen, with customers who have less reason to stay. What that means for the investors pricing them. In collaboration with Commonplace.
ReadHow Hebrides AI bracketed Connectd's $70m raise
Allermuir used Hebrides AI to bracket Connectd's valuation ahead of its primary raise. The round closed at $70m pre-money and oversubscribed, just below the conservative end of the framework.
ReadBuild vs buy in private markets AI: what we're seeing
Most internal AI builds plateau at around 60%. The remaining 40% is where the real complexity lives, and where investment work needs the most reliability.
ReadA conversation with Alex Fink, Principal at Empirical Ventures
Alex Fink on AI's defensibility problem, the case for hardware over AI, and why robotics may be the watchlist priority for 2026.
ReadReflections from the launch of 1551 Circle
Five themes from the 1551 Circle launch: Europe's scaling problem, secondary maturity, private credit caution, in-person diligence, and the AI shift from "if" to "how".
ReadHow a family office syndicate transformed due diligence
A family office syndicate compressed deal review from days to hours and reallocated the time to founder and fund-manager engagement.
ReadA structured, reliable read on every deal.
All your deal data in one place, with the analysis run end to end.