Approval & Consent Readiness
Know who must approve
before action moves.
Surface consent rights, thresholds, and governance constraints early.
PostSig IRI connects proposed actions to governing rights and source documents so teams can avoid late-stage approval surprises.
Approval rights record
CONSENT CHECK
Portfolio action
Ownership
FMV support
Rights
Changes
Action → Consent → Source
Approval needed
Who approves
Threshold
Governing doc
Governed approval
Surface consent rights early
Know which investors may need to approve an action before timelines compress.
Clarify thresholds
See approval thresholds, protective provisions, and major investor terms.
Connect answers to documents
Trace approval questions back to source agreements, amendments, and side letters.
Reduce governance surprises
Give legal, investment, and operations teams a shared view before action is taken.
Approval rights record
Ownership evidence
Rights context
Valuation support
Changes since last review
THE PROBLEM
Governance risk shows up late when rights are hard to find.
Approval readiness means knowing what must happen before action moves. Teams need to understand investor approvals, thresholds, protective provisions, voting obligations, and governance constraints early.
Board actions, written consents, financings, restructurings, and exits can trigger investor approvals, protective provisions, voting obligations, side-letter commitments, or major investor thresholds. When those rights are buried across documents, teams may discover them after the decision is already moving.
That creates delay, legal rework, partner friction, and governance exposure.
Governance control starts before the decision is in motion.
THE RECORD KEEPS MOVING
Approval rights can change before the decision moves.
Governance obligations can be created, modified, waived, or superseded across rounds, amendments, side letters, and ownership changes. The risk is discovering consent requirements after the action is already in motion.
01
Board Action
02
Consent Right
03
Threshold
04
Source Document
05
Decision Support
Static records tell you what was signed. IRI needs the current truth: what governs now, and why.
LINEAGEAI™
LineageAI™ connects the document history to the current answer.
It does not just summarize one document. It understands how agreements, side letters, amendments, and later events relate over time, so teams can see what governs now.
Cross-document intelligence
Connects agreements, side letters, amendments, restatements, and related records.
Temporal change tracking
Understands how rights, economics, approvals, and evidence changed over time.
Source-backed answers
Keeps every current answer tied to the documents and lineage behind it.
APPLIED INSIDE IRI
Inside IRI, LineageAI™ becomes an audit workflow: current answer, source evidence, review path, and evidence pack.
CURRENT STACK → IRI
IRI unlocks the intelligence locked inside your documents.
Document Intelligence identifies what each agreement says. Cross-document intelligence shows how agreements relate over time. LineageAI™ keeps the answer current as new documents arrive.
YOUR CURRENT STACK
CLM
Captures negotiated intent and manages the path to signature.
WHAT IRI UNLOCKS
Post-signature intelligence
Turns signed agreements into living investor-rights intelligence teams can act on as the portfolio changes.
YOUR CURRENT STACK
File storage / repositories
Holds agreements, side letters, amendments, and supporting files.
WHAT IRI UNLOCKS
Document Intelligence
Extracts the rights, obligations, economics, and evidence locked inside each document.
YOUR CURRENT STACK
Amendments and new rounds
Change the answer across documents, time, and jurisdictions.
WHAT IRI UNLOCKS
Cross-document lineage
Connects related records to understand how terms relate, what changed, and what supersedes what.
YOUR CURRENT STACK
Spreadsheets and portfolio systems
Track numbers, notes, status, ownership, and company context.
WHAT IRI UNLOCKS
Current governing view
Connects operational data to document context so teams see what is current and what governs now.
Economics
Ownership, preferences, cost basis, and value context stay connected to evidence.
Control
Consent rights, approvals, thresholds, and restrictions stay visible before decisions move.
Defensibility
Every answer can be traced back to source documents and review history.
Timing
Teams answer faster when audits, LP requests, diligence, or exits compress timelines.
APPROVAL QUESTIONS IRI ANSWERS
The approval questions your team asks are the questions IRI was built to answer.
Each row starts with a real question and shows how IRI connects the current answer to source evidence. The goal is not faster search. It is a defensible current record.
Governance Question
IRI Answer
Source Evidence
Does this action require investor consent?
Surfaces consent rights and approval requirements that may apply before action is taken.
Investor rights agreements, protective provisions, voting agreements, side letters.
Which investors have approval rights?
Identifies rights by investor, document, ownership status, and threshold.
Major investor terms, shareholder agreements, amendments, side letters.
What threshold applies?
Connects approval thresholds to the relevant agreement or provision.
Consent provisions, voting agreements, protective provisions, amended terms.
Which document governs the decision?
Links the approval answer to the source document and current governing record.
Original agreements, amendments, restatements, side letters, document lineage.
Have those rights changed?
Tracks amendments, updated rights, waivers, and restated terms over time.
New financing rounds, amended agreements, side letters, restatements.
What needs legal review before action is taken?
Helps teams identify open questions, review needs, and source evidence before decisions move.
Open review items, approval status, source documents, review history.
BEFORE / AFTER IRI
From late-stage consent checks to early approval clarity.
Before IRI
Consent rights surface after action is already moving
Thresholds and approvals are buried in documents
Teams rely on legal reconstruction under pressure
Governance risk appears too late
With PostSig IRI
Approval rights are visible before decisions move
Thresholds connect to the governing documents
Review paths are easier to coordinate
Teams reduce surprise governance friction
ROLE-BASED VALUE
Built for the teams responsible for governance decisions.
Investment teams
Need fewer governance surprises before decisions move.
Legal and fund counsel
Need faster review with better source evidence and current-state context.
COOs and operations teams
Need better coordination across decision, approval, and documentation workflows.
Fund CFOs and finance teams
Need lower risk of missed approvals that can affect reporting or transaction timing.
Firm leadership
Needs stronger control over decision execution and governance exposure.
FAQ
Approval & Consent Readiness FAQ
What is investor consent readiness?
Investor consent readiness is knowing which investor approvals, thresholds, protective provisions, or governance constraints apply before a portfolio action moves forward.
What decisions can trigger approval rights?
Financings, board actions, written consents, recaps, restructurings, debt transactions, exits, transfer events, and other material actions can trigger approval rights.
How does IRI identify consent rights?
IRI surfaces approval and consent provisions from source documents and connects them to the portfolio company record.
Does IRI replace legal review?
No. IRI helps legal teams review faster by organizing rights, thresholds, current-state context, and source evidence.
Why does LineageAI™ matter for approvals?
Approval rights can change across rounds, amendments, side letters, waivers, and restatements. LineageAI™ helps show what applies now.
Which teams use IRI for approval readiness?
Investment, legal, operations, finance, and firm leadership teams use IRI to understand governance requirements before decisions move.
IRI PLATFORM
The operating intelligence layer for investor rights.
The same IRI foundation supports audit readiness, valuation review, LP reporting, approvals, rights tracking, diligence, and exit preparation.
IRI PLATFORM VIEW
A current operating view across rights, economics, workflow, and evidence.
Deal Workflow
Move audits, approvals, diligence, exits, and portfolio follow-up from question to reviewable action.
Portfolio Intelligence
See firm-wide exposure, fund-level rights, and portfolio company context without rebuilding history.
Cap Tables & Economics
Connect ownership, cost basis, FMV, liquidation preferences, seniority, and round history.
Cross-Document Intelligence
LineageAI™ connects related documents to show what is in force now.
LP Reporting
Connect information rights, fund/entity context, and source evidence behind reporting requests.
Rights Intelligence
Surface information rights, consent rights, approval thresholds, protective provisions, and governance constraints.
READY WHEN IT MATTERS
Know who must approve before action moves.
See how IRI connects proposed actions to consent rights, thresholds, and source evidence.
Before the board acts, know who must approve.
OS for
Venture.
Operating intelligence for venture scale.
