A Hebbia alternative built for portfolio monitoring
Hebbia is widely used as an AI tool for financial research and document question-answering. Portfolio monitoring is a different job.
Hebbia is widely used as an AI tool for financial research and document question-answering. If you are evaluating it for portfolio monitoring specifically, the work is different: turning the documents portfolio companies send into structured, verifiable financials and tracking them period over period.
Varanic is built for that workflow. It extracts financials into a consistent schema with a source citation on every value, keeps an analyst verifying the numbers, and produces valuations and LP-ready reports from that verified data.
What Varanic brings
- Structured, verifiable financials with a source per value, not answers to one-off questions
- Human-in-the-loop verification on every number, with a source back to the document
- Both private equity and private credit in one platform
- Valuation with an audit trail, refreshed from verified actuals
- A fit for mid-market firms, not only the largest enterprises
Why it is different
If you need ongoing, auditable monitoring rather than research over documents, Varanic is the better fit.