DDLoop provides a data platform that automates the retrieval and analysis of public legal information for due diligence in transactions, integrating seamlessly with existing legal workflows and precedents. This solution significantly reduces the time spent on data gathering and reporting, allowing legal professionals to focus on strategic tasks and minimize write-offs.
Funding
$120K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Legal professionals spend significant time manually gathering and analyzing public legal information from various sources for due diligence, which is a time-consuming process prone to errors and can delay transactions. This manual effort reduces time available for strategic tasks and increases the risk of write-offs due to the low-value nature of the work.
Solution
DDLoop is a data platform designed to automate the retrieval, analysis, and reporting of public legal data for due diligence, streamlining legal workflows. The platform consolidates data from multiple sources, including ASIC, PPSR, and IP Australia, into a unified dashboard, providing a clear overview of the information. DDLoop enables users to generate corporate structure charts, monitor changes in real-time, and export data to customizable Word templates, integrating with existing document management and billing systems. By automating data gathering and analysis, DDLoop reduces the time spent on routine tasks, minimizes errors, and allows legal professionals to focus on strategic work.
Target Audience
DDLoop primarily targets M&A lawyers, insolvency practitioners, corporate advisors, investors, and banking lawyers who require efficient and accurate due diligence processes.
Features
- Automated data retrieval from public registers, including ASIC, PPSR, IP Australia, and property title registries
- Unified dashboard for analysis and monitoring of legal data
- Generation of corporate structure charts and visualizations
- Real-time monitoring with stale indicators and notifications for out-of-date information
- Customizable Word document export for client-ready due diligence reports
- Integration with existing document management systems (DMS) and billing systems
- Insolvency scan feature to check ASIC published notices
- Key people search to check individuals' corporate and bankruptcy history