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Probatio

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AI due diligence checklist

The evidence request list behind our engagements. Use it to structure your own data room request, or to see what a buyer will ask for before they ask.

The frame

Eight questions the evidence has to answer

The requests below exist to resolve these eight questions. A request that cannot be tied back to one of them is noise.

01

Does it work?

Measured performance against the task the buyer is actually paying for.

02

Is it real?

Claims traced to evidence: evals, logs, code, not demo footage.

03

Is it proprietary?

What is owned versus rented from a foundation model provider.

04

Is it scalable?

Behaviour under load, latency budgets, failure modes.

05

Is it economical?

Inference economics and gross margin at realistic usage.

06

Is it valuable?

Whether AI features drive adoption, retention and price.

07

Is it durable?

Data moat, switching costs, model-provider commoditisation.

08

Can the org execute?

Team depth, evaluation discipline, AI governance maturity.

Evidence requests

What to ask for

The full request list, grouped by area. Tell us where to send it and it opens below.

Get the checklist

Unlock the full evidence request list

Six groups of requests covering model and evaluation, data rights, economics, reliability, governance, product and team. It opens on this page immediately.

We use your details to send the annotated version and occasional AI diligence notes. No confidential deal information should be entered here.

Scope

The sixteen dimensions the checklist maps to

Each request above resolves one or more of these assessed dimensions.

  • AI

    Model architecture

    What produces the output, and how much of it the company controls.

  • AI

    Evaluation discipline

    Held-out sets, regression suites, and whether results are reproducible.

  • AI

    Training & fine-tuning

    What was trained, on what, and whether it measurably improved the task.

  • Technical

    Data pipeline

    Ingestion, chunking, freshness, tenancy isolation and lineage.

  • AI

    Data rights

    Licensing, customer terms and training-use permissions behind the corpus.

  • Technical

    Retrieval quality

    Relevance and degradation as tenant corpora grow.

  • AI

    Agent reliability

    Tool-call errors, escalation rates and observed autonomy.

  • AI

    Inference economics

    Cost per unit of value delivered, and margin at realistic usage.

  • Technical

    Latency & scalability

    Behaviour under load, latency budgets and failure modes.

  • AI

    Model dependency

    Supplier concentration, exit paths and tested fallbacks.

  • Technical

    Security posture

    Customer data in prompts, logs, embeddings and traces.

  • AI

    AI governance

    Policy, model change management, human review and audit trail.

  • Technical

    Observability

    Whether quality regressions are detected before customers find them.

  • Product

    Product adoption

    Marketed AI features versus features actually used.

  • Product

    Workflow fit

    Where the AI sits in the customer's process and what it displaces.

  • Technical

    Team & execution

    Depth of people who can actually change model behaviour.

Want the annotated version?

Email ask@probatio.tech and we will send the version with the follow-up questions, the red flags each request tends to surface, and how to read a non-answer.

Considering an AI investment?

Bring the thesis, the data room and the timeline. We will tell you what evidence exists, what is missing, and what it means for the deal.