Hebbia Brings Datasite Data Room Content Into Its AI Platform
Hebbia and Datasite have partnered to bring data room content into Hebbia's AI platform for institutional finance. Mutual customers can now analyze confidential deal documents in Hebbia, next to the filings, market data and firm documents they already use.
- Hebbia and Datasite are partnering to bring data room content into Hebbia's AI platform.
- Users sign in with their own Datasite credentials and only see documents they are cleared to access.
- Data rooms stay current through daily syncs.
- Teams can run diligence question lists across a whole room and produce diligence summaries or IC memos cited to source pages.
- Available to Hebbia customers with active Datasite projects.
What the integration does
Datasite is the virtual data room where institutions share and review the confidential documents behind M&A and capital markets deals. According to Hebbia, the new connection lets teams analyze those documents alongside the relevant deal context, all in one place.
A data room holds the material a deal team reviews most closely, including CIMs, financials, contracts and disclosure schedules. Hebbia says it connects to Datasite so these files can be worked on inside its platform rather than in a separate environment.
How access and syncing work
Teams sign in with their own Datasite credentials and can sync one or more projects at once. Only the documents each person is cleared to see are brought into Hebbia. The room stays current through daily syncs, according to the announcement.
Once the content is in, a deal team can run its full diligence question list across every document in a data room. The findings can then be turned into a diligence summary or an IC memo, with every point cited to the source page.
Datasite's view
Nicholas Renter, Senior Vice President, Strategic Growth & Partnerships at Datasite, said: "Deal teams make better decisions when they have the full picture." He described Hebbia as "a trusted partner and a place where our customers already do their most important work, so we’re bringing the data room to them."
Renter added that "teams can read a room against their own precedent deals, and every answer traces to its source page."
Availability and what it means for deal teams
The integration is available to Hebbia customers with active Datasite projects. Firms interested in using it can get in touch with Hebbia to bring Datasite into their workflows.
For teams that already work in both products, the practical change is that diligence questions can be run against data room documents without leaving Hebbia, and answers carry citations back to the source page. Hebbia also invites customers to say which integration they would like to see next.
The announcement follows another Hebbia partnership, with Octus, which Hebbia says gives credit teams direct access to credit research, deal terms and private company data.
Hebbia: Announcing Hebbia's Partnership with Datasite
