The blank canvas vs the deal engine

Hebbia The flexible canvas

Hebbia is a horizontal tool. It excels at custom extraction projects (e.g. "Pull the termination date from these 50 contracts"). But it treats every file as text. It does not know what a "subsidiary" is, it cannot check a company against a sanctions database, and it cannot tell you if a file is missing. You have to build the logic yourself.

Colabra The vertical application

Colabra is a full-stack diligence platform. We automatically cluster and rename messy file dumps, identifying relationships between documents. We extract entities and instantly screen them for sanctions, PEP, adverse media, and litigation history. We don't just read the text; we accredit the target.

Why specificity beats flexibility in M&A

Automated organisation

Hebbia leaves the VDR as it is. Colabra cleans it up. We automatically categorise, rename, and cluster files, identifying "file families" (e.g. linking an amendment to its original agreement) to turn a chaotic dump into a structured index.

Entity and risk intelligence

Hebbia sees company names as strings of text. Colabra builds an ownership graph. We map the corporate structure and automatically run background checks on every entity and individual for licences, litigation, and blacklists.

Gap analysis and negative assurance

Hebbia extracts what exists. Colabra reveals what is missing. Our Reconcile lens maps the evidence against a diligence checklist to automatically flag gaps—like a missing board resolution or an expired licence—so you can push back immediately.

See Colabra in action →