thesis
Open Thesis
Built for VC analysts

Your deal pipeline
shouldn't live in
a spreadsheet.

Thesis is your firm's deal flow workspace. Upload a pitch deck and get a structured analysis, thesis fit score, and investment memo in under 30 seconds.

Free to start
No credit card needed
Processes decks in 30s
50+ decks/weekprocessed at a typical VC firm
45 min/decksaved per analysis
30 secondsfrom PDF to full memo
5 analystsreviewable per deal in Firm plan

Every analyst does this manually.
Nobody should have to.

Read the deck. Extract market size. Google the founders. Write the notes. Score against thesis. Put it in the spreadsheet. Repeat 50 times a week.

50+
decks per week
at a typical early-stage VC firm
45 min
per deck
spent on extraction, notes, and write-ups before any real thinking
0 tools
built for this
built specifically for analyst-level deal triage, until now
Pipeline

Every deal, tracked in one place.

Kanban board and table view for your full deal pipeline. Drag deals between stages, sort by score, and see red flag counts at a glance.

  • Kanban and table views for your pipeline
  • Score-sorted deal ranking
  • One-click status updates
  • Export to CSV for LP reporting
View your pipeline
Deal Pipeline
5 deals
+ Analyze
C
Conduit
Series A · Fintech
9.1
Active Diligence
F
Flux
Seed · B2B SaaS
8.2
Under Review
H
Harbr
Series A · Climate Tech
7.6
Meeting Scheduled
T
Tempo
Pre-seed · Healthtech
6.1
New
New feature

Know if a deck
was written by AI.

AI-generated pitch decks are showing up in inboxes at scale. Thesis checks each deck for AI authorship markers and flags the specific sections and excerpts that triggered it.

  • Section-by-section AI score breakdown
  • Flagged excerpts with plain-English reason
  • Analyst-facing summary note
  • Calibrated to common pitch deck patterns
AI Authorship
8% Human
Executive Summary6%
Problem / Solution9%
Market Sizing14%
Traction5%

No meaningful AI generation markers. Deck reads as hand-authored by operators who know this space deeply.

What you get

The complete analyst stack.

Everything a VC analyst needs, minus the four hours of prep work.

Structured deal analysis

Company, market, traction, team, and ask extracted from any PDF into a consistent format. Every deal looks the same so you can actually compare them.

Thesis fit scoring

Deals scored against your firm's investment criteria, weighted by what matters to you. Configurable per fund, per analyst.

Investment memo generation

One-page internal memo written to sound like a human analyst. Structured for partner meetings, ready in seconds.

AI authorship detection

Flag AI-generated decks before you spend diligence time on them. Section-level scoring with flagged excerpts.

Automated red flags

Solo founder, missing revenue model, unsourced market claims, unrealistic projections. Surfaced automatically every time.

Competitive landscape

Auto-pull competing startups, sector funding trends, and valuation benchmarks so you know where this deal sits in the market. (Pro+)

Founder due diligence

Employment history cross-check, background signal gathering, and claim verification against the pitch narrative. (Pro+)

Financial model validation

Flag unrealistic revenue assumptions, compare unit economics to sector benchmarks, surface where the numbers don't add up. (Pro+)

Team pipeline and sharing

Share deals with your team, message colleagues inside the app, and track who's looking at what. No more forwarding PDFs. (Firm)

Three steps. Thirty seconds.

From PDF to investment memo without leaving your browser.

1

Upload the deck

Drag in any pitch deck PDF. Thesis reads the full document. No copying, no formatting, no manual extraction.

2

Review the analysis

Deal data structured. Thesis criteria scored. Red flags surfaced. AI authorship checked. All in about 30 seconds.

3

Share the memo

One-page investment memo ready for your partner meeting. Export it, share it with the team, or move the deal to the next stage.

Simple, honest pricing.

No per-deck fees, no surprise charges, no enterprise pricing theater.

Solo Analyst
Free

Get started at no cost

  • 10 pitch decks per month
  • Full deal analysis and extraction
  • Investment memo generation
  • Thesis scoring
  • Basic pipeline tracking
Most popular
Pro
$19/month

For the serious analyst

  • Unlimited pitch decks
  • AI authorship detection
  • Full pipeline tracking
  • CSV export for LPs
  • Priority processing
  • Everything in Solo
Firm
$99/month

For the entire fund

  • Up to 10 analysts
  • Shared investment thesis config
  • Team pipeline and collaboration
  • In-app deal sharing and messaging
  • Slack digest and notifications
  • Everything in Pro

The next deck you open
shouldn't take 45 minutes.

Free to try. No credit card. No onboarding call. Just upload a deck and see what comes back.

Open Thesis, it's free