Due Diligence

Investor-Grade Technical DD

GPU infrastructure deals move fast. You need technical clarity on product-market fit, competitive positioning, and risk before capital is deployed. We deliver investor-grade due diligence in a compressed timeline that doesn't slow your decision.

Scope

What's included

Technical Assessment

Product-market fit analysis. Is the company solving a real problem for customers? What's the addressable market? Disintermediate assesses customer acquisition cost, gross margins, repeat rate, and competitive moat. What would a bear case look like?

Market Position & Competition

Where do they fit in the competitive landscape? What are their advantages relative to direct competitors and indirect substitutes? How will the market likely evolve? What's their defensibility in a market with accelerating hardware innovation?

Management & Execution

Can the team execute? Do they have depth in infrastructure, GPU software, and sales? Are there gaps in domain expertise? What's their track record with previous companies?

Bear Case & Risk

What can go wrong? We articulate the most credible bear case: GPU commoditisation, competition from larger vendors, customer concentration risk, capital intensity, supply chain disruption, or technology shifts that undermine their business model.

Expert Calls

The firm conducts calls with key market participants (customers, vendors, competitors, and industry observers) to triangulate views on the company's position and prospects.

Sub-Advisory for Consulting Firms

Disintermediate also provides expert technical due diligence as a sub-advisor to management consulting firms. The firm benchmarks management business plan assumptions against proprietary live market data (including GPU rental pricing across 70 providers) and delivers contract framework analysis, pricing sensitivity models, and interactive scenario tools for investment committee discussions.

Process

How we work

1

Data Room Review

Analyse company documents: cap table, financials, customer contracts, technical architecture, product roadmap. Form initial hypotheses on strengths and risks.

2

Deep-Dive Interviews

Meet with founders and management. Understand product strategy, unit economics, customer feedback, and competitive positioning. Challenge key assumptions.

3

Market Intelligence

Conduct expert calls with customers, vendors, competitors, and market observers. Triangulate views on company positioning, market opportunity, and competitive dynamics.

4

Analysis & Draft

Synthesise findings into written assessment. Include market sizing, competitive analysis, management review, and articulated bear case.

5

Finalisation & IC Memo

Incorporate investor feedback. Prepare executive summary suitable for investment committee. Address key questions and investment theses.

Deliverables

What you'll have at the end

Due Diligence Report

15-25 page comprehensive assessment covering technical fit, market positioning, management, and bear case.

Competitive Analysis

Detailed competitive landscape assessment with company positioning relative to direct and indirect competitors.

Expert Call Notes

Summary of interviews and expert calls with key market participants validating or challenging investment thesis.

Investment Committee Memo

Executive summary with key investment thesis, risks, and recommendation for capital committee review.

Follow-Up Access

Available for follow-up questions and clarification during investment committee process.

Ideal For

Who engages on due diligence

  • Growth equity and venture capital assessing infrastructure and AI compute companies
  • Sovereign wealth funds evaluating GPU infrastructure and computing capacity investments
  • Infrastructure investors assessing operator or vendor deals in the GPU space
  • Corporates evaluating acquisition targets in GPU infrastructure and AI compute
  • Later-stage venture funds leading rounds in infrastructure companies with significant capital requirements
  • Management consulting firms requiring expert technical sub-advisory for GPU infrastructure due diligence engagements
Why 2-4 Weeks?

Capital doesn't wait

GPU infrastructure deals operate on accelerated timelines. Lead investors make decisions quickly. We compress our due diligence to fit this reality without sacrificing quality. Our intelligence on market structure, competitive dynamics, and vendor strategy allows us to move faster than generalist advisors whilst maintaining depth.

Deep market intel

Existing vendor relationships

Proprietary pricing data

Fast expert network

Timeline
2-4 weeks

Compressed for investment timelines

Typical Engagement
20-30 days

Intensive, focused work

Need technical clarity on a GPU infrastructure deal?

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