Ansarada

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.

Ansarada Group Limited

Trade name	Ansarada
Company type	Public
Traded as	ASX:AND
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, Australia
Number of employees	199
Website	https://www.ansarada.com/

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.^{[citation needed]}

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.^[3]

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.^[4] It is recognized for helping clients achieve transparency, compliance, and operational efficiency in high-stakes projects.