State of M&A Data Rooms — Q2 2026 Read the report →
VisionThe next stage of Peony

The AI-first back office

Peony is the back office that runs itself — diligence, contracts, e-signature, secure document sharing, and the knowledgebase vault today. Incorporation, cap table management, bookkeeping, accounting, and contract lifecycle management next. One platform, with AI doing the work.

8,000+

teams run on Peony

$44.7B+

in client assets moved through the platform

4m 19s

median time from signup to first document

01 — The machinery

Every company runs on the same machinery

A raise, an acquisition, a property closing, a clinical trial, an audit — strip away the specifics and every one of them reduces to documents: who can see them, who signed them, what's inside them, and what has to happen next.

Today that machinery is scattered across half a dozen tools that don't talk to each other. The data room is one product, the signature another, the contracts live in email, the books in a fourth system. Every handoff between them is a person with a download button. The back office is the last part of the company still run by copy-paste.

02 — Where Peony is today

The documents of record already live on Peony

At the highest-stakes moments in a company's life, teams put their most sensitive documents — the financials, the cap table, the contracts — on Peony, under real access control. 8,000+ teams run on the platform today, and $44.7B+ in client assets have moved through it.

Once the documents of record live on Peony, everything downstream of those documents belongs there too. That's why the platform already spans the workflow: diligence, contracts, e-signature, secure sharing, and a permanent knowledgebase vault are live today — not a roadmap, a product.

03 — What AI changes

Software organized the documents. AI does the work

The last generation of back-office software made documents easier to store and find. It never touched the actual work — reading them, answering questions about them, acting on what they say. That's the part AI collapses.

In an AI-first back office, every page is understood the moment it's uploaded. Diligence questions are answered from the source, with citations. The NDA drafts itself and gates the documents it governs. A signed contract carries its own obligations, renewals, and line items into the books. The unit of work stops being “a document to manage” and becomes “an outcome delivered.”

Live today

  • Diligence

    Access questions, staged disclosure, page-level engagement.

  • Contracts

    NDAs and agreements gated to the documents they govern.

  • E-signature

    Sign where the documents already live — no round-trips.

  • Data room

    Access-controlled sharing for the highest-stakes moments.

  • Knowledgebase vault

    The permanent record a company keeps between deals.

Coming next

  • Incorporation

    Company formation with AI doing the paperwork end to end.

  • Cap table management

    Ownership that updates itself as rounds close and options vest.

  • Bookkeeping

    Books that build themselves from the documents of record.

  • Accounting

    From transaction to statement without a handoff.

  • Contract lifecycle management

    Signed agreements that track their own obligations and renewals.

04 — The pull

Nobody in this list bought “a back office.”

Each of them pulled one thread — a diligence request, a signature, a proposal that needed access control — and the rest of the workflow followed. That's the shape of the expansion: not sold, pulled.

CRE brokers

running property deals from listing to close

Consultants

sharing proposals and deliverables under access control

Startups

raising rounds with diligence ready before the first call

Clinical research & life-science teams

moving sensitive trial and regulatory data

PE roll-ups

acquiring companies at volume, with the paperwork to match

VCs

raising funds and running LP diligence

Bankers, bidders & consultants

performing due diligence on live transactions

Athletes, musicians & artists

sharing contracts, scripts, and creative work securely

We're building the system of record for the paperwork layer of the economy

One place where a company is formed, keeps its documents, runs its deals, signs its contracts, and closes its books — with AI doing the work in between. The documents got us in the door. The back office is the company.

AES-256 encryption · SOC 2 & ISO 27001-ready · GDPR · CCPA · HIPAA