Sema

Key features

• Comprehensive Codebase Scans – one-time or continuous assessments covering code quality, security, IP risk, process quality and team quality, including a GenAI Code Bill of Materials and usage heat maps.
• Liz Reports – AI-built reports for deal and portfolio questions: AI defensibility, product defensibility, adjacent-market mapping and strategy-versus-execution alignment, each an interrogable score benchmarked against 200 public software companies.
• Due diligence deliverables – detailed reports and SBOMs that inform investment and M&A decisions, including required remediation.
• Broad investor adoption – used by 7 of the 9 largest global investors; has evaluated codebases of organisations collectively valued at over 1T USD.

Integrations

• Reads code repositories and work-tracking systems on a read-only basis
• outside-in reports require no system access at all. Deliverables integrate into deal and investor workflows as reports and data feeds.

More information

Sema serves M&A practitioners across the deal lifecycle. Comprehensive Codebase Scans are the established leader in codebase assessment for technical due diligence, helping investors and acquirers understand software health and risk before and after transactions. Liz Reports extend the same evidence base upward: Liz, Sema's AI agent, reads a company's code, tickets and strategy documents and produces executive-grade answers – is the product defensible against AI disruption, is the team building what the strategy says, which adjacent markets are actionable – used in diligence, portfolio monitoring and exit preparation.