Somewhere right now, a buyer is three weeks into acquiring a software company. The data room they're working from is a folder of PDFs that went stale the day it was uploaded. The due diligence quote came back at $25,000 and six weeks. And the source code they're paying for sits on the seller's laptop, promised in good faith.
Today we're launching Codekeeper Transaction Services to fix that: A neutral platform for technology deals, live now at techduediligence.co.
Every software acquisition runs on improvised parts. The data room was built for documents, so it treats code as just another file, and technical due diligence arrives as a consultancy engagement priced and delivered as a one-off. Escrow, when anyone remembers it, gets arranged late on someone's server with release terms nobody has tested.
None of this moves at deal speed. Mid-market technical due diligence typically costs $25,000 to $150,000 and takes two to eight weeks, which is a long time to sit inside a closing exclusivity window. The work is worth doing carefully, because technical findings re-trade 30–40% of software-heavy deals and cut prices by 5–25% when material problems surface. We've written before about what happens when a buyer skips it entirely.
Underneath the cost and the delay sits a structural problem: each side hires its own advisors, but nobody neutral holds the code, the evidence, or the conditions for release. Both sides pay for that gap in the form of disputes and post-signing surprises, which arrive exactly when they're hardest to fix.
Codekeeper Transaction Services is a neutral platform for software M&A, venture, and private equity transactions. It puts the live-synced data room, the technical due diligence, the transaction escrow, and the sealed IP Package that closes the deal into one place, where every party works from the same evidence.
It covers the deal in four stages:
The automated due diligence report lands in 72 hours and runs 214 automated checks across 20 sections, with analyst and expert tiers following in one to two weeks when the stakes demand more. Every finding links to the evidence behind it, which you can see for yourself in the sample report.
Because deal materials are about as sensitive as data gets, all analysis runs on systems we operate ourselves in the deal's region (EU, US, or UK), and nothing is ever sent to a third-party AI provider.
Codekeeper has spent more than a decade as the trusted third party between software counterparties, and over 3 500 companies in 150 countries rely on that neutrality, backed by ISO 27001 certification.
Software escrow taught us that both sides of a software relationship can share one protected space when a neutral party holds the keys. A transaction is that same relationship at its most exposed moment, so the natural next step was to extend the role across the whole deal.
Nothing about your existing escrow changes, and you keep the same platform, team, and agreements you have today. What the launch adds are two new options.
If a sale or funding round is anywhere on your horizon, deal-readiness gives you a standing data room and a readiness score before anyone asks for either. And when a deal closes on the platform, its transaction escrow converts into a standard Codekeeper escrow subscription, so the buyer stays protected from day one of ownership without any re-onboarding.
Pricing works differently here than anywhere else in the market, because it's published. Deal packages start at $5,900 and come in three tiers based on how deep the diligence needs to go, while fund plans cover 5 or 15 reports per year at €24,000 and €59,000. One side buys the package, the counterparty joins free, and the prices are exact enough for counsel to write straight into the purchase agreement — which is the point.
The larger change this launch points at is what happens to diligence itself. Right now, it's an event that begins when a term sheet appears, with each side scrambling to assemble evidence under deadline. A standing data room with a readiness score turns it into a state a company simply stays in, the way businesses have kept audited books year-round for a century. No one invents their accounting mid-deal, yet the technology a company's value rests on has never had an equivalent. Now it does.
Walk through the sample report to see what a buyer gets. If you run a fund pipeline, book a fund demo to see how a fund plan covers the whole portfolio.