Forge Capital
How Forge Capital closes deals faster
Private Equity
At a glance
Forge Capital is an early stage venture firm evaluating dozens of deals every month across multiple sectors. Before Dawning, their investment team was spending weeks assembling analysis that should have taken days. The best deals were closing with other firms while theirs was still in the data.
The challenge
Each deal requires pulling data from multiple sources — market research, financial models, portfolio benchmarks, CRM notes, and third party data providers — and assembling it into a picture clear enough to make a confident decision. The process was slow, manual, and entirely dependent on whoever had time to pull it together.
The firm had tried building internal tools to speed up the process. They had tried standardising the due diligence template. They had tried hiring an additional analyst. None of it solved the core problem — that the data lived in too many places and getting a complete picture of any single deal still required too much manual work from people whose time was better spent elsewhere.
The solution & results
Forge connected their full data stack to Dawning in an afternoon. Market data, portfolio benchmarks, CRM, and financial models were all live the same day. The investment team started asking questions immediately — comparing deal metrics against portfolio benchmarks, surfacing red flags in financial data, and generating due diligence summaries in minutes rather than days.
Within six weeks the average time to investment decision had dropped by half. The team was evaluating more deals in less time and making decisions with greater confidence because the analysis was no longer dependent on how quickly someone could pull the data together manually.
Impact
More deals evaluated per month without adding headcount to the investment team.
Due diligence summaries generated in minutes rather than assembled over days from multiple disconnected sources.
Red flags surfaced automatically before they became reasons to walk away from a deal after weeks of work.
"I did not think a tool could replace our data analyst for day to day questions. Dawning proved me wrong in the first hour."
Marcus Webb
Founder
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