Ansarada Group Limited
| File:Ansarada logo 2022.jpg | |
| Public | |
| Traded as | ASX:AND |
| ISIN | 🆔 |
| Industry | Technology |
| Founded 📆 | 2005 |
| Founders 👔 | Andrew Slavin Co-Founder Rachel Riley Co-Founder Daphne Chang Co-Founder Justin Smith CEO |
| Headquarters 🏙️ | Sydney, New South Wales, |
Area served 🗺️ | |
| Members | |
Number of employees | 199 |
| 🌐 Website | https://www.ansarada.com/ |
| 📇 Address | |
| 📞 telephone | |
Ansarada Group Limited (Ansarada) is an Australian software company headquartered in Sydney that provides cloud-based solutions for mergers and acquisitions (M&A), infrastructure procurement,[1] and broader transaction management. Its platform is used globally by companies, advisors, and governments to streamline deal workflow, manage virtual data rooms, and leverage AI-powered tools for risk reduction and compliance. The platform is designed to enable faster, more confident decision-making with reduced risk and increased transparency.
History
Ansarada was founded in 2005 in Sydney, Australia. The company initially gained recognition for its virtual data room technology tailored to the M&A market. Over time, it expanded its capabilities to include broader deal workflow automation, procurement infrastructure, and AI-driven tools for high-stakes business processes. In February 2020, Ansarada listed on the Australian Stock Exchange. In August 2024, Datasite Global Corporation completed its acquisition of Ansarada Group Limited (ASX:AND)[2]
Structure
Ansarada employs about 200 people and has offices in Sydney, Chicago, New York City, London, Amsterdam, Frankfurt, Johannesburg, and Hong Kong, with a development center in Ho Chi Minh City.
The four founders and some employees own about 80 percent of the company with a group of investment bankers and lawyers who own 20 percent.[3]
Products
Ansarada Deals
Ansarada’s flagship product, Deals, is an end-to-end platform designed to support every phase of the M&A lifecycle. It includes modules for deal marketing, deal preparation, due diligence, integration, and post-merger integration. The platform integrates AI tools to assist with document analysis, redaction, bidder engagement, and workflow optimization.
AI Bidder Engagement Scoring
Sell-side users of Ansarada Rooms can view an AI Bidder Engagement Score that assigns a numerical value to the likelihood that each potential bidder will make an offer. It predicts who will win and tells sellers who is interested. The AI Bidder Engagement Score is calculated using a machine learning algorithm that takes into account the performance of 57 separate metrics over time.[4]
Ansarada Procure
Procure is a procurement management platform developed for complex infrastructure projects, particularly those involving public-private partnerships. It offers a central hub for all project data, including secure document sharing, locked box bidder submissions and tracking, evaluation tool, automated two way Q&A processes, and compliance and audit trails monitoring throughout the project lifecycle.
Business Model
Ansarada operates on a Software-as-a-Service (SaaS) model, with customers able to purchase and activate services online. The platform is widely used by investment banks, legal advisors, corporate development teams, and government procurement officers for managing confidential and time-sensitive information in a secure and auditable environment.
Impact
As of 2025, Ansarada’s platform has been used in over $1 trillion in deal value has been transacted on the Ansarada platform.[5] It is recognized for helping clients achieve transparency, compliance, and operational efficiency in high-stakes projects.
References
- ↑ "How Local Tech Companies Use AI to Drive Decision-Making". Built In Chicago. Retrieved 2021-06-24.
- ↑ IQ, S&P Capital (2024-08-28). "Datasite Global Corporation completed the acquisition of Ansarada Group Limited. | MarketScreener". www.marketscreener.com. Retrieved 2025-06-19.
- ↑ This information needs citation.
- ↑ "AI Deal Software - Use AI & Machine Learning In Finance | Ansarada". Ansarada. Retrieved 2017-11-13.
- ↑ "March 30, 2022 – The Australian Business Executive | A Deeper Look at Business & Government". Retrieved 2023-01-27.
External links
This article "Ansarada" is from Wikipedia. The list of its authors can be seen in its historical and/or the page Edithistory:Ansarada. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.
