Fulkeno

Our first industry · Private equity

More capacity. From first target to portfolio.

Have your AI find targets, assess opportunities and analyse memoranda, using existing workflows configured for your fund. Build further with us on due diligence, IC memos and portfolio reviews.

Start with everyday work

For the work that moves your fund forward.

Start with prospecting, quickscan, full IM analysis or market monitoring. Due diligence, IC memos and portfolio reviews have a foundation we develop with you. We configure the fund profile, sources and access for your work.

01 / ProspectingAvailable

From fund criteria to focused conversations.

Build a list of suitable targets, check it against your connected CRM and prepare the first approach.

Target list · CRM check · draft emails

You choose whom to approach and send the emails yourself.

02 / QuickscanAvailable

See which deal deserves further investigation.

Assess a teaser, broker email or IM against all fund criteria. The quickscan takes reported figures as its starting point and flags each criterion, with one-line advice. Contact history can be included through a CRM extract or connection.

Fund criteria · flag matrix · concise advice

Missing information stays visible. Your team decides what proceeds.

03 / IM analysisAvailable

An analysis you can check.

Read the full IM, check calculations and examine normalisations. Get an overview and flag matrix, an evidence document with a source for each claim, and an Excel file with calculation checks.

Analysis overview · source evidence · Excel checks

A substantiated working document for review by your team.

04 / Due diligenceFoundation · developed with you

Stay on top of what could change the deal.

Connect the investment thesis to information requests, evidence and red flags. Prepare meeting questions and show how findings affect the decision.

Request list · evidence register · decision impact

Your team and advisers assess the evidence and its implications.

05 / IC memoFoundation · developed with you

Give the IC a case it can scrutinise.

Prepare a review-ready memo with the thesis, counterevidence, scenarios, conditions and open questions. Start the discussion with the substance.

Draft memo · scenarios · conditions

The IC makes the decision. The memo makes uncertainties explicit.

06 / Portfolio reviewFoundation · developed with you

From management pack to focused board questions.

Turn management packs and board materials into a partner update, focused board questions and early covenant warnings.

Partner update · board questions · covenant early warning

You review the signals and agree follow-up with management.

The IM returns. So does your earlier judgment.

For example, a deal was rejected last year because it relied on one large customer. Now the IM returns with a broader customer base. The analyst finds the shared decision and its reasoning, then investigates whether that reasoning still holds. The earlier judgment gives direction to new research.

Build on this industry foundation.

A dedicated skill to compare monthly financials with budget and earlier periods, preparing for the CFO conversation, is a further extension. We develop it around your reports and questions.

Private equity · our own test dossier

A number is not yet an insight.

What happens when you put the figures, risks and previous experience together? Explore the Bergveld Klimaattechniek dossier.

Bergveld KlimaattechniekPrivate equity · our own test dossier
Financial overviewPage 4 / 8

Revenue & EBITDA € mln

3020100 19.822.625.91.92.43.3 202320242025
RevenueEBITDA

Visualisation of source data on page 4.

Open the source page
Document fact

Growth tells one side of the story.

Revenue grows from €19.8 million in 2023 to €25.9 million in 2025. Over the same period, EBITDA rises from €1.9 to €3.3 million.

The question that follows

How much of that improvement is structural? The table alone does not answer that.

Synthetic evaluation material, not a customer dossier. Source pages come from our fixed test set; the explanations in this exploration are editorial, not live AI answers.

Open the test memorandum

In the source document

Original Dutch evaluation source · our own synthetic test material

Financial table from the Bergveld test memorandum, page 4; original Dutch source Open the complete source file

From workflow to digital colleague

A new deal. Your team gets notified.

A memorandum arrives in the connected mailbox. Deals submits it to Fulkeno, runs the quickscan and posts the initial assessment in Teams. Colleagues with access can ask follow-up questions about the same document from their own AI tools. From arrival to shared investigation.

Demonstrated live in our own environment with real email, Teams and the library. Deployment and validation in your environment are part of the setup.

DealsFulkeno
  1. Memorandum arrives
  2. Sources searchable in Fulkeno
  3. Quickscan and Teams notification
  4. Team reviews and investigates further

Recording the assessment with the document requires explicit approval from an authorised employee. Deals does not make investment decisions.

Explore access and data flows

Research and monitoring · already available

Stay ahead of your market and portfolio.

Research market, target and portfolio signals on demand, or schedule recurring tasks in Claude or Codex. The plugin supplies the recipes; your AI client runs the scheduled tasks. CBS StatLine is connected for relevant market questions.

Markets & targets

See what changes around your targets.

Follow selected themes and signals at target companies. Get a timely reason to revisit a business or start a conversation.

Recipes: theme radar and target triggers

Portfolio & board

Prepare for the next conversation now.

Schedule portfolio monitoring and preparation for the board cycle. Give your team input for the partner update and the discussion with management.

Foundation recipes · developed with you

Incoming dealflow

Give new opportunities a consistent first review.

Have agreed sources checked periodically and incoming opportunities assessed against your fund profile. The team can focus on those that need attention.

Recipe: inbound dealflow triage

Where could your team use more capacity?

Choose a workflow, agree on what a useful result looks like and measure the difference. That is where your shared advantage begins.