CrowdDiligence white paper

The CrowdDiligence white paper (v2.3) documents the independent decision layer for equity crowdfunding: official disclosures are the starting point, not the boundary, of due diligence. AI structures the initial review, while investors challenge the documents, investigate beyond them and verify AI contributions. Both an HTML version and a downloadable PDF are available; v2.2 remains available as a historical version.

What the paper covers

  • The information-asymmetry problem in retail equity crowdfunding and the collective action problem of costly due diligence.
  • Independent investigation beyond disclosure - testing the KIIS or Form C and adding sourced findings on questions the documents do not cover.
  • The scoring model - 0-5 assessments of disclosure quality aggregated to a 0-100 score, kept separate from underlying investment risks and investment attractiveness.
  • Governance - bias management, labeled AI-assisted drafts with reduced weight until human verification, and clear Live / Planned status for every feature.
  • Regulatory context - ECSPR (EU Regulation 2020/1503, Articles 5 and 23) and US SEC Regulation Crowdfunding. CrowdDiligence complements, and does not replace, platform obligations.

Downloads

Current version: White Paper v2.3 (revised 28 October 2026). The HTML version on this page is the canonical, up-to-date version.