A deal exchange built on the platform you already trust.
IQ500 connects the private capital markets, participant to participant, and runs the whole deal continuum in one place. The secure room underneath that continuum, where NDAs are signed and diligence actually happens, is the SmartCloud platform.
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What IQ500 is
IQ500 is a deal exchange for the global private markets, built by Third500, an investment bank focused on the emerging growth economy. Its premise is that every deal ever done came out of a single connection between two people, and that in private markets those connections have always been left to chance.
In venture capital alone, IQ500 has created around 1.5 million private, permission-based one-to-one connections between individual market participants. On top of that network it runs the entire deal continuum, from first conversation through to exit.
The same shape holds everywhere: one investor introducing a portfolio company to another, a corporate development lead reaching a founder, one board member making something happen with another.
The deal continuum
Where SmartRoom sits in it
IQ500 covers the whole arc of a transaction, from building a relationship to planning an exit. Three of those steps are the ones where documents move between parties, and that is the part running on our platform.
01 · Relationships
- Relationship development
- Events and conferences
- Market analysis
- Competitive benchmarking
- Segmentation
- Peer groups
02 · Preparation
- Business planning
- Communication
- Offering material
- Financial projections
- Valuation
- Target development
03 · Execution
- Deal launch
- Solicitations
- Management presentations
- NDAs
- Roadshows and one-on-ones
- Data rooms
- Due diligence
04 · Close and after
- Term sheets
- Price discovery
- Deal updates
- Monitoring
- Exit planning
- Reporting
The network sits on top. The secure room sits underneath it.
How the two fit
A network needs somewhere secure to put the documents
From IQ500
The market, the connections and the process around the deal.
- Direct, permission-based access to the people who move transactions
- Target development and deal launch inside the same system
- Deal updates, monitoring and reporting through to exit
- Built by an SEC-registered investment bank, FINRA and SIPC member
From SmartRoom
The secure room the documents actually live in.
- Folder and file level permissions, with visibility into what each party opened
- Control that holds after download, including revoking access already granted
- NDA workflow and controlled access before anything is shared
- AI search and summarization across large document sets
- A dedicated project manager and 24/7/365 in-house support
Why it works
Private markets run on private information
An exchange built on trust between participants needs the document layer underneath it to be worth that same trust.
Permission-based by design
Connections on IQ500 are permission-based, and so is the room underneath. Access is granted deliberately at every level, down to the individual file.
One continuum, not five tools
Relationship, offering material, NDA, data room, diligence and reporting all in one place. Nothing gets rebuilt in a different system halfway through.
Visibility on both sides
Who accessed what, and when. Useful to a company running a raise, and useful to an investor working out where a process actually stands.
Proven at transaction scale
The same platform running rooms for investment banks, private equity and corporate development teams, on transactions of every size.
Track record
Trusted by industry leaders
Running a process in private markets?
Tell us what your transaction looks like and we'll walk you through the room the documents would live in.