WHAT THE IM SAYS  /  WHAT THE NUMBERS SAY
A record-breaking year in sales.
Net sales grew 2.0%.

VAERG reads the IM the way your IC will. Upload the deal package and get a structural reality test back in your inbox: graded A–E, every claim tested against the disclosed numbers.

Upload an IM. First screening free. 450 EUR / SCREENING · REPORT IN ~20 MIN · NO CALLS, NO SCOPING
T + 0 MIN

Upload the package

IM, annual reports, appendices. PDF and Excel. Tagged to your target for a clean per-deal receipt.

T + 1 MIN

Five independent analyses

Parallel runs, reconciled by a deterministic scorecard. No single reading decides the grade.

T + ~20 MIN

Report in your inbox

Slide-ready deck: verdict, reality gap, ranked risks, what can and can't be underwritten.

One format. Never the same verdict.

Whatever the package looks like, the report looks the same: same sections, same scale, same discipline. What changes is what the numbers survive.

IM PACKAGE.PDF ANNUAL REPORTS.PDF FINANCIALS FY22-24.XLSX MGMT DECK SLIDES.PDF PROTOCOLS AGM.PDF B VERDICT REALITY GAP RISKS UW LIMITS BASE / BREAK NOTEWORTHY

Diagnostic, not decorative.

Every screening tests the seller's story against the seller's own numbers. Claims that don't survive contact are struck through: on the page, in orange, with the figure that replaced them.

The grade is set by a fixed scorecard across eleven dimensions, not by a model's mood. Same package in, same grade out.

COMMERCIAL SCREENING SPECIMEN
C
STRUCTURALLY FRAGILE BUT RECOVERABLE
"Well-diversified base of 540+ customers"
Top 10 customers hold 44% of revenue.
"Strong order intake provides platform for growth"
Conversion terms undisclosed. Bookings ≠ revenue.
"Approximately 65% returning customers"
Count-based metric. Timeframe undefined.
GRADE SET BY DETERMINISTIC SCORECARD · IM-ONLY EVIDENCE
TRUST & TRAJECTORY

Today's report is the worst one you will ever get.

Every screening sharpens the system. Every error found, every pattern confirmed, every benchmark updated feeds back into the method. Your documents never do.

01 / PRIVACY

No human reads your documents

The package is processed entirely by machine. Nobody at VAERG sees the IM, the financials, or the management questions.

02 / RETENTION

Deleted on delivery

The IM, the financials, everything you upload is removed the moment your report is generated. The report itself is archived like any deliverable, under the same confidentiality terms, so we can audit our own work and you can re-download yours.

03 / MODELS

Never trains anyone's models

Processing runs through enterprise model APIs with training disabled. Your deal flow never trains a foundation model, and never becomes anyone else's benchmark.

04 / LEARNING

The method learns. Your data doesn't leave.

What improves the system is anonymised analytical patterns: which claims break, which errors recur, which grades hold. Never your documents, never the target.

05 / KNOWLEDGE

Curated by people who underwrite

Sector benchmarks, failure modes, and pricing intelligence are maintained continuously by domain experts and rebuilt into every screening.

06 / ALLOCATION

One receipt per target

Every screening is tagged to a deal. The receipt reads like any external due diligence cost. Allocate it and move on.

Priced like a transaction cost.
Because it is one.

Less than an analyst-afternoon. No engagement letters, no scoping calls, no minimum volume. Screen every IM that clears the thirty-second partner test.

Upload an IM. First screening free.
450 EUR / SCREENING
  • INCLUDESFull deck + source report, delivered by email
  • PAYMENTCard at upload. Saved for one-click reruns.
  • SCOPECommercial only. Legal & technical flagged, not assessed.
  • FAILUREUnreadable package = no charge. Ever.