Ittikar Launches and Opens to New Members
The Mondevo Group has launched Ittikar, a private capital network for global family offices powered by AI. The platform went live ahead of schedule in March after being acquired by its 100 founding members. Ittikar already facilitated two acquisitions—Caruso and Underscore District—using its proprietary due diligence engine. Developed internally by Mondevo Tech, the platform employs over 50 engineers managing more than 120 AI coding agents. Data security is a priority with each family storing data in sovereign 'Data Pods' under their own encryption and chosen legal jurisdiction. The system aligns with strict European regulations including GDPR, NIS 2, and EU AI Act. Ittikar's AI assistants are tailored to the investment profiles of individual families—referred to as 'Capital DNA™'. These agents assist in transaction analysis, risk assessment, and capital structuring based on real-world institutional standards. The platform now offers tiered membership levels beyond its founding group.
Topics: Acquisition Due Diligence Family Offices Technology Platform