THECIPHER · THE DECISION LEDGER FOR PE AND VC.

◆ Faro doesn't summarize your notes.
It builds the Decision Ledger your firm never had time to write.

Every IC memo, board note, and passed deal, structured and ready to resurface the moment a new deal rhymes with an old one. Live in 48 hours.

AI tools tell you what the documents say. Faro tells you what your firm has learned.

Institutional Judgment Infrastructure for PE, VC, and family offices, capturing, structuring, and compounding your firm's decision intelligence before it walks out the door.

Or read the full analysis →

Independent validation

The market is converging on the problem. Sequoia · Bain · a16z · Palantir. Read the research behind the thesis →

Private equity manages more than $16 trillion today (McKinsey, 2025).
Venture capital adds another $3.1 trillion (Preqin).
Family offices are on pace to control $5.4 trillion by 2030 (Deloitte, 2026).
Most of the judgment behind those numbers still lives in one partner's head, not in a system anyone else can use.

It's a Tuesday, and a company you've held for three years is 40% below plan.
The CEO had been struggling for eight months. Everyone knew. Nobody said it at the right time, with enough structure to force a decision.

Faro makes sure the next Tuesday benefits from everything your firm should have learned from the last one.

The judgment layer for PE, VC, and family offices. Here's what changes when your firm's full pattern history is in the room.

01

Capture the judgment.

◆ Faro works from the materials your team already creates: IC memos, board decks, deal notes, portfolio reviews, post-mortems, and partner observations.

02

Connect the decision.

Faro structures evidence, judgment, dissent, decisions, and outcomes so the reasoning behind a deal doesn't disappear inside a PDF.

03

Resurface the precedent.

When a new deal or portfolio situation looks familiar, Faro surfaces the relevant prior decisions, what your team believed then, and what happened next.

Here's what shows up in the room when Faro connects a new deal to a pattern your firm has already lived through.

Investment Committee · Draft

Project Lighthouse, Series C

v.04

Illustrative example

Thesis: Lighthouse is positioned to lead category consolidation given scaled distribution and improving unit economics.
Risk: CEO has not previously managed a team beyond 40 people. Similar concern raised in Project Meridian, Series B, 2024.
Past judgment surfacedSurfaced by Faro
Prior outcome: Meridian's CEO scaling gap led to a 9-month delay before the board intervened.
Prior outcome connected
Recommendation: Proceed, with an explicit 6-month leadership review checkpoint tied to headcount growth. Meridian board minutes, Oct 2024.
Source attached

Illustrative example. This is what compounding looks like after Faro has structured a firm's history. See how it's built →

See exactly how the Decision Ledger gets built, and answers to the questions firms ask first. How it works →

Deal-intelligence tools help you process the deal in front of you.
◆ Faro preserves and compounds the judgment your firm earned across the deals behind you.
It doesn't replace your CRM, shared drive, research tools, or models, it makes the reasoning buried across them available to the next consequential decision.

We've been doing this in our heads for twenty years. TheCipher is the first time it's actually compounded.
Partner, Growth Equity Fund · Founding Client

Founder

25+ years alongside investors, boards, founders, and executives at consequential company inflection points. Senior search roles at Korn Ferry and Daversa Partners. Managing Partner, Cipher Partners.

Firms never forgot a financial model. They never lost an IC memo. They never misplaced a cap table.

But they forgot why they made some of the most important decisions in the history of the firm.

The best judgment simply walked out the door.

That's why I built TheCipher.

Faro. Portuguese for lighthouse. The light that keeps you from turning down that alley.

Read the founder's thesis →