Private Credit

Underwrite the credit. Monitor every covenant.

Caelon reads every credit agreement, financial statement, and compliance certificate end to end, so your team prices risk on verified source documents.

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Private Credit

Private Credit

  • $0.0B

    Lost to double-pledged receivables in the First Brands collapse

    Court filings, 2025

  • 0.0x

    Median gap between actual leverage and management projections, one year post-close

    S&P Global Ratings, 2025

  • 0%

    Marketed EBITDA is add-backs at deal inception

    S&P Global Ratings, 2025

How private credit firms use Caelon

01

Source credits others don't see.

Caelon screens the market for borrowers and sponsors seeking non-bank capital, matched to your credit box. Find opportunities before they run a process.
Source credits others don't see.
Ingest lifecycle data
PDFCredit_Agreement_Executed.pdf
XLSBorrowing_Base_Certificate.xlsx
PDFCompliance_Certificate_Q3.pdf
PDFAudited_Financial_Statements.pdf
XLSCovenant_Compliance_Model.xlsx
XLSCollateral_Schedule.xlsx

02

Read the entire credit.

From the credit agreement and financials to the borrowing base and collateral docs, Caelon extracts every covenant, basket, and carve-out. It flags the add-back the model missed and the cross-default no one mapped.
Read the entire credit.

03

An audit trail behind every credit decision.

Every covenant threshold, collateral value, and compliance flag traces back to its governing document and clause. When a credit deteriorates, your file shows exactly what was known, and when.
An audit trail behind every credit decision.

Security & Deployment

Your infrastructure. Your data. Your control.

Caelon is deployed on-premise inside your environment. Your data never leaves, there is no vendor lock-in, and every action is fully auditable from day one.

Your infrastructure

Deployed on your cloud account, whether AWS, Azure, or GCP. We configure it; you own it.

Zero data retention

Your documents, findings, and deal data never leave your environment.

Model-agnostic AI

Works with any foundation model, from Claude and GPT to Bedrock or your own. No vendor lock-in.

Full audit trail

Every extraction, score, and assignment is logged. Board-ready compliance from day one.

The intelligence layer for your credit pipeline.

Sourcing and Market Intelligence

Caelon turns market data, web signals, sector trends, comparable transactions, and credit indicators into a live acquisition screen. Your pipeline updates as new information enters the environment and market conditions shift.

Underwriting Models

Caelon reconciles your investment model against source documents, checking revenue assumptions, cost inputs, and structural terms against the contracts and financials that support them. Variances surface before IC with source-level attribution.

Pattern Library

Every closed deal becomes a queryable corpus of diligence findings, IC memos, outcomes, and post-close surprises. Caelon turns institutional memory into a structured asset your whole team can use on every new deal.

Data Room Intelligence

Every document is automatically ingested, read, indexed, and made queryable on upload, from memos and contracts to GL exports and board materials. Caelon works from what is actually in the room, not assumptions.

Excel
Salesforce
Box
Google Sheets
Slack
Microsoft
NetSuite
DocuSign

Custom Integrations

Caelon connects to DealCloud, Salesforce, Dropbox, email, VDRs, QuickBooks, and your modeling stack. It sits beneath your existing workflow as the source of truth for every tool your team already uses.

Agentic Workflows

Repeatable diligence tasks run automatically at defined trigger points, from indexing new data rooms to checking updated financials and generating variance reports. Analyst workflows move from manual triage to always-on compute.

Building your firm’s technical edge.