Custom AI evals for private equityand hedge funds.

Know which AI does your firm's work to your standard before it touches a live deal. We build evals from your own tasks and documents, and score every model and agent you are considering.

See PE Bench

Trusted by leading firms

  • Coatue
  • Centri Consulting
  • Avra
  • 783 Capital Partners
  • Octahedron Capital
  • Arix Research
Illustrative eval case

Adjusted EBITDA bridge, buyer's view

6 checks, 300 points

  • Starts from audited FY25 EBITDA (Pass)40
  • Rejects deal costs incurred before the sale process (Miss)60
  • Holds run-rate savings to the firm's policy (Pass)50
  • Cites a data room document for every adjustment (Pass)40
  • Workbook recalculates, with no typed-in totals (Pass)50
  • Memo figure ties to the workbook (Pass)60
Score240 / 300

Why evals

Three questions to answer before AI touches a deal

An eval answers them on your own work, with evidence.

  1. 01

    Which AI should we use?

    Find the model, agent or vendor that does your work to your standard, at the lowest cost.

  2. 02

    What makes it better?

    Measure how much your templates, playbooks and firm knowledge improve the output.

  3. 03

    Is it still working?

    Catch regressions the moment a model, prompt or vendor changes.

What is a custom AI eval for finance?

A custom eval is a test set built from your firm's own work: real tasks, the documents behind them and checks written by your investors. Every AI system is graded on the models, memos and decks it delivers, against the standard your partners hold.

Case study

Graded on real deal work

PE Bench

Private equity

Grading AI agents on private equity deals

Former private and growth equity investors turned five deals, from public take-privates to messy private data rooms, into graded tasks that run from diligence to the IC memo.

See the results →
  • 58

    Graded tasks

  • 5

    Deals, public and private

  • 80.5%

    Compound's top score

Working together

Three ways to work with us

Embed our team, grade your live work or build a private benchmark. Every path runs on the method behind PE Bench.

Cost and performance

The right model at the lowest cost

Every system you test lands on one chart of score against cost for your work. Pick the cheapest one that clears your bar.

  • Model and vendor selection

    The system that clears your bar for the least.

  • Spend control

    Know what each task costs before you scale it.

  • Compound
  • Best other agent shown
  • Claude Code
  • Codex
  • Gemini
  • Muse
20%30%40%50%60%70%80%90%$0.10$0.20$0.50$1$2$5$10$20Model cost per task (log scale)Overall score (private rooms)Compound · standardClaude Code · Opus 5.5Claude Code · Fable 5.1Compound · quickCodex CLI · GPT-6 AstraCodex CLI · GPT-6.1 SolMuse · Wonder 1.0Gemini CLI · Gemini 3.8 FlashClaude Code · Haiku 5.5Muse · Spark 1.3Gemini CLI · Gemini 4 ArgonCodex CLI · GPT-6 Luna, $0.015, 28.7%
PE Bench, our own benchmark: each point is an agent, scored against its model cost per task.

Our team

Built by AI researchers and investors

Two of our founders were research scientists at Google Brain and DeepMind, where evaluating models was the job. Former private and growth equity investors write the checks.

Meet the team
  • Peter J. Liu

    Peter J. Liu

    Co-founder

    Research scientist, Google Brain and DeepMind

  • Yao Zhao

    Yao Zhao

    Co-founder

    Research scientist, Google Brain and DeepMind

  • Yijia Liang

    Yijia Liang

    Co-founder

    Former growth equity investor

Team fromCoatue, Google DeepMind, Bain & Company, Y Combinator and Microsoft

Why Compound

The rigor behind every suite

The same method, graders and calibration we hold Compound to.

How we rebuilt Office for agents →
  • Graded on the files

    Every Excel model, Word memo and PowerPoint deck is recalculated in engines that match Microsoft Office and checked cell by cell.

  • Proven checks

    Each task has a reference answer that must score 100% on its own checks before the suite grades anything.

  • A calibrated judge

    Where prose needs judgement, the AI judge grades only after it agrees with your reviewers.

What you get

Everything you need to decide

Built from your work. Yours to keep.

Coverage

The work your analysts hand a partner

Real briefs on real documents, graded on the file that comes back.

Data room diligence

Questions across a full data room where the seller's documents disagree.

Flags FY25 revenue in the management deck that does not tie to the audited accounts.

Adjusted EBITDA and quality of earnings

A bridge from reported to adjusted EBITDA, built to your firm's add-back policy.

Rejects deal costs incurred before the board authorized the sale process.

Operating and LBO models

Live Excel models on your template, recalculated and read cell by cell.

Drives forecast revenue from volume and price.

IC memos and decks

Investment committee memos and decks on your template, tied to the model.

Puts the price and the bridge to it on the first page.

Earnings and filings

Earnings reviews, estimate updates and filing comparisons for public equity teams.

Restates the prior year to the company's new segments.

Credit and portfolio monitoring

Covenant tests, debt stacks, lender updates and LP reporting.

Computes leverage on the credit agreement's EBITDA definition.

Why public AI benchmarks fall short for investment firms

Leaderboards test someone else's tasks against someone else's answers. Your firm needs a test of its own.

Averages hide your tasks

Leaderboards average thousands of questions your team never asks, and the top models sit within a few points of each other. Two models with the same headline score can differ widely on the task you care about, and on cost.

Correct isn't client-ready

In BankerToolBench, built with 502 investment bankers, none of the nine models tested produced work the bankers would send to a client.

BankerToolBench, April 2026

One answer key punishes judgement

In the GAUGE study, one analyst's valuation model scored only 0.33 against another's as the answer key. Deal work needs checks that accept any defensible approach.

GAUGE, 2026

Your conventions aren't in the test

Your add-back policy, model template, IC memo structure and the questions your partners always ask are what separate usable work from rework.

Enterprise-grade security

  • SOC 2 Type II
  • Deploy in your AWS or GCP account
  • No training on your data
  • Your suite stays yours
Security details →

Know which AI to trustbefore it touches a deal.

From first conversation to an eval suite you own, in four to six weeks.

See PE Bench

Frequently asked questions

A public benchmark ranks models on tasks someone else chose, against someone else's answers. A custom eval uses your tasks, documents and conventions, so its score predicts how an AI will perform on your next deal.

See PE Bench →
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Former research scientists from Google Brain and DeepMind, working with former private and growth equity investors: the team behind PE Bench. Your investors review every check before it scores anything.

Meet the team →
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Yes. Every system gets the same briefs, documents and time limit, is graded by the same checks, and its outputs sit side by side. On PE Bench, our own benchmark, Compound has the top overall score.

See the PE Bench results →
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No. The suite can run in your own AWS or GCP account, and Compound never trains on customer data. Your tasks and answer keys are never published or reused.

Security details →
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Checks test whether the call is defensible and supported by the documents. Where your firm has a policy, such as which add-backs it accepts, the check holds the agent to it.

How PE Bench grades judgement →
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Most checks read the delivered files directly. For prose, the AI judge is scored against your reviewers' verdicts on the same outputs, and grades nothing until it agrees with them.

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Yes. Models are recalculated and read cell by cell, which catches pasted values and broken formulas. Decks are rendered and checked against your template and the model behind them.

How we rebuilt Office for agents →
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A first suite usually starts with a few dozen tasks from recent deals and known failures, enough to separate the systems you are considering. It grows as your team finds new failures worth testing.

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Four to six weeks from first conversation to a reusable eval suite built on your firm's work.

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Three ways: our expert team embeds with yours to write tasks and checks, we run live evals on the work your team sends through AI, or we build a private benchmark on your deals to compare models and vendors.

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Yes. Tasks, checks, reference answers and every graded run are yours, and the suite reruns whenever a model, prompt or vendor changes.

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The SEC's 2026 exam priorities say examiners will check that firms' statements about their use of AI are accurate. A dated record of what you tested, on which model and with what result, gives your compliance team evidence to point to.

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