Two weeks since Founder Toolkit. Two major features shipped, both solving the same problem: get founders closer to the right investors, faster.
1. Investor Quick-Match — Now on Every Report
Previously, investor matching was a V4-only feature. You had to pay for an Assessment or Verification report to see who might fund you. That created a frustrating gap: Screening told you how strong your idea is, but not who to talk to.
Now every evaluation — including free Screening — shows investor matches.
How it works
When your evaluation completes, the system matches your startup profile against our investor intelligence layer. Matches are scored across four dimensions, weighted by importance:
- Thesis Alignment (weighted most heavily) — does the investor's thesis target your exact sector, stage, and geography?
- Portfolio Synergy — have they backed companies in your niche? Portfolio precedent is one of the strongest signals.
- Check Size Fit — does their typical check match what you're raising?
- Track Record — historical success in your category.
Each match comes with a thesis fit explanation, check size context, portfolio synergy analysis, specific concerns (every investor has at least one — we don't pretend anyone is perfect), and a suggested outreach approach.
Specificity over fame
We've fundamentally changed how scoring works. The old system sometimes ranked famous broad-thesis investors (think: "I invest in consumer products") above niche investors with deep portfolio precedent in your exact vertical. That's backwards.
The new scoring explicitly rewards specificity:
- A gaming-focused fund with exits in casual gaming scores higher for a casual gaming startup than a generalist "consumer" investor — regardless of brand recognition.
- Portfolio precedent in the exact vertical is the strongest signal. If an investor has backed companies in your niche, that matters more than a broad sector label.
- Investors whose thesis is so broad it matches everything ("tech", "B2B SaaS") receive lower scores. Broad is not a signal — it's the absence of one.
- Geographic and stage specificity also count: a fund dedicated to your region scores higher than a "global" fund with no regional focus.
Scores are now calibrated to reward real alignment over surface-level matches. A famous investor with a broad thesis no longer outranks a niche fund with direct portfolio precedent in your vertical.
On Screening reports
Screening users see a preview of their top matches with match counts. Upgrading to Assessment unlocks the full expanded view with detailed thesis fit, concerns, and suggested outreach for every match.
Abyss integration
If your startup is listed in the Abyss (Readiness 26+), the Investor Match tab shows an additional signal: the Circle of Alchemists is analyzing your profile and match data to identify the most relevant contacts and prepare tailored outreach insights for your team.
Startups with Readiness above 75 — Athanor is actively seeking to cooperate with high-readiness startups. If your evaluation reaches this threshold, our team will contact you.
2. Idea Updates — Progress Without a Full Re-Run
You got your evaluation. You made progress — landed a pilot customer, hired a CTO, hit 1K MAU. But a full re-evaluation costs credits and takes time. For incremental changes, it's overkill.
Updates solve this.
What you can do
From any completed idea, hit "Update" and submit what changed:
- Text update — describe what happened since the last evaluation. New traction, team changes, product milestones, pivot notes.
- File attachments — upload evidence: screenshots, contracts, metrics exports. Up to 20MB per file.
- Oracle snapshot — if you have connected data sources (Stripe, GA4, etc.), the system captures a current metrics snapshot automatically.
Own credit pool
Updates use their own credits, separate from evaluation credits. They're lighter and cheaper — designed for the "something changed but not everything changed" case.
When you submit an Update, it automatically triggers a re-evaluation with your update context injected into the pipeline. The agents see both your original submission and what's new, so the re-assessment is contextual rather than starting from zero.
AI-generated Investor Updates
After submitting an update, you can generate a professional investor update email directly from Athanor. Select which sections to include:
- Highlights — what happened this month
- Metrics — pulled from your connected oracle data
- Financial — revenue, burn, runway context
- Team — new hires, departures, role changes
- Ask — what you need from investors right now
The AI drafts a polished email using your evaluation data and real metrics. Copy it, send it. Most founders either skip investor updates (losing goodwill) or spend hours formatting them. This gets a professional update out in minutes.
Generated updates can also be exported as PDF and placed directly in your Data Room.
Previous updates
All updates are viewable with full history — attachments, oracle snapshots, and generated investor emails. You build a timeline of progress that tells a story investors can follow.
3. Scenario Modeling — See Where Each Path Leads
The Scenarios tab (V4 reports) generates three probability-weighted paths for your startup — optimistic, base case, and pessimistic — each with projected GemScore trajectories (Potential and Readiness), key assumptions, and the decision points that determine which path you're on. The probability bar at the top gives you a sense of the distribution — most startups cluster around the base case, but the tails matter for risk assessment and fundraising narrative.
4. Live Monitoring — Your Report Keeps Working
V4 reports now include a Live Monitoring tab that turns your evaluation into a living document:
Enable it, set your check frequency (6 hours to 3 days), and the system periodically rescans for:
- Market signals — funding rounds in your sector, new market data
- Competitive moves — launches, pivots, acquisitions
- Regulatory changes — policy shifts affecting your vertical
- Evidence updates — new info validating or challenging your claims
High-relevance signals (70%+) trigger email alerts. Full check history is available as a timeline. Use "Run Check Now" for an immediate scan when something is happening in your market.
5. New FAQ Page
We've published a comprehensive FAQ at /faq covering every major platform feature. It's not a typical 5-question FAQ — it's a full product guide organized into sections:
- Getting Started — what Athanor is, who it's for, operating models (public, embedded, white-label), why the structured form matters, and how to integrate with your existing stack (Claude Code, OpenClaw, Cursor, or any intelligence layer you already have)
- Evaluations & Reports — all four tiers (Screening → Assessment → Verification → Narrative Pack), Potential vs. Readiness, Fund Prep, presets explained with model-by-model reasoning, custom scoring axes (coming soon)
- Platform & Agents — multi-agent pipeline, custom agent sets and Agent Marketplace (coming), SDK announcement
- Privacy & Security — data privacy, SOC 2 roadmap, AI Governance
- Data Room — organization, access controls, NDA workflows, activity tracking
- For Investors — deal flow assessment, bulk evaluation, API/MCP, Abyss marketplace, QI/KYC
- Payments — free tier, reward ladder, x402/MPP coming soon
- Report Features in Depth — Ongoing Monitoring, Expert Opinion, Scenario Analysis, Financial Projections, Evidence Graph, Knowledge Map, Signals, Q&A, Investor Matching, Investor Demand, Notes, Charts, IC Memo, Investor Updates
- Programmable Promise — dedicated section covering vehicles (SPV, Revenue-Share, SAFE+Milestones, EVM), milestone verification via oracles, dispute resolution, open-source protocol, and x402 agent integration
If you've ever wondered "what does this tab do?" — the FAQ now has the answer.
6. What's Next
Here's what we're working on:
- Custom presets — define your own scoring weights and agent configurations
- Custom scoring axes — add dimensions beyond Potential and Readiness
- Agent Marketplace + SDK — third-party agents published by developers and domain experts
- Programmable Promise Wave 2 — oracle integrations (Stripe, GA4, manual verification), live milestone dashboards
- Chrome Extension — investor deal flow screening from anywhere
- More oracle connectors — QuickBooks, Steam, App Store, GitHub
A Note on Where We Are
Athanor is still in Beta — but this is Beta v2, a very different product from what we launched with. Since the initial release we've launched several pilots (including one with techhy-vc.com — a professional venture club), analyzed thousands of reports, and onboarded hundreds of users across founders, investors, and accelerators.
The platform is more mature, the scoring is better calibrated, and the feature set has grown from a single evaluation report to a full intelligence layer with Data Room, Investor Matching, Founder DNA, Programmable Promise, Ongoing Monitoring, and more.
We're still iterating fast — that's the point of Beta. But the foundation is solid, and the feedback loop from real users and real deals is making every release sharper than the last.
Join us — your first Screening is free, every month.
Questions? Hit us on Discord or contact support.
