The Platform

henonMAX

Zero-Hallucination AI for Private Markets.

The first intelligence system purpose-built for private equity, private credit, and institutional investors. No hallucinations. No re-work.

92.2%
Task Completion
9.5×
Cheaper Per Task
97%
PDF Extraction
54×
Lifecycle Savings
Benchmarks

Measured. Not Marketed.

60 real private markets tasks. Head-to-head against frontier models.

Overall Benchmark
92.2% vs. 56.2%
The Gap Is Structural

36 points ahead of Claude Code (Opus 4.8) across 60 real PE and credit tasks.

Task completion
henonMAX
92.2%
Claude Code (Opus 4.8)
56.2%
Cost Efficiency
9.5× Cheaper
Per Task

Purpose-built architecture cuts the redundant token consumption frontier LLMs bill you for.

Cost per task, in units of spend
henonMAX
1×
Frontier LLM
9.5×
PDF Extraction
97% vs. 19%
On Real Fund Reports

Dense fund tables break raw vision. Dual-AI RAG: 35/36 exact. Opus vision: 7/36.

Extraction accuracy
97%
henonMAX
35/36 exact
19%
Opus vision
7/36 exact
Lifecycle Reporting
$0.12 vs. $6.40
Unmatched Accuracy. Every Month.

File-only agents re-pay every close. By month 12 that is 54× the cost — $6.40 at 20% accuracy, against $0.12 at 100%.

Cumulative cost over 12 closes
Close 1Close 12
henonMAX
$0.12
Claude Code
$6.40
Stored Policy
100% vs. 0%
On Firm Convention Tasks

Allocation keys, fiscal calendars, add-back rules — none lives in a file. File-only agents score 0%.

Allocation policy accuracy
henonMAX
100%
File-only agent
0%
Audit Traceability
100% Cell Tracing
Every Number Traced

Every value pinned to its row, column, and bounding box on the source PDF. Vision: 0/5. henonMAX: 5/5.

Cell tracing accuracy
henonMAX
5/5
Vision
0/5
henonMAX

Total confidence in your fund operations.

The first AI agent purpose-built for private markets. It doesn't just read documents; it understands your firm's rules, validates every number, and traces it back to the source.

Total Accuracy
Extract with Certainty
Total Accuracy

Extract with Certainty

Understands the most complex fund tables.

Stop mapping templates. henonMAX uses a dual-AI RAG pipeline to natively understand capital call notices, quarterly reports, and K-1 statements, extracting every value with 97% accuracy—even on multi-page waterfall reports that break frontier models.

Trace every number to its source.

Trust requires proof. Every value extracted by henonMAX is pinned to its exact row, column, and bounding box on the source PDF. You never have to guess where a number came from again.

Firm Intelligence
Encode Your Operations
Firm Intelligence

Encode Your Operations

Your firm's rules, applied automatically.

Allocation keys, fiscal calendars, and proprietary add-back rules don't live in a file—they live in your firm's memory. henonMAX encodes your specific conventions once and applies them consistently across every workflow.

Zero drift, total compliance.

Because henonMAX operates on your stored policy rather than just reading isolated files, it scores 100% on tasks requiring firm convention. It doesn't just extract data; it contextualizes it exactly the way your team does.

Workflow Automation
Automate the Lifecycle
Workflow Automation

Automate the Lifecycle

Monthly reports that write themselves.

Your team should focus on investment strategy, not data entry. henonMAX generates investor-ready reports every month with unmatched accuracy, freeing your analysts from the grind of manual aggregation.

Stay hands-on where it matters.

Let the agent handle the heavy lifting of data ingestion and semantic cross-validation. You retain full control over the final review, armed with cell-level traceability that makes auditing a breeze.

Structural Efficiency
Scale Without Friction
Structural Efficiency

Scale Without Friction

Unmatched cost efficiency at scale.

General-purpose LLMs charge you for redundant token consumption every time you run a task. henonMAX's purpose-built architecture is 9.5× cheaper per task, making it the only sustainable solution for high-volume private market operations.

A foundation built for the long term.

A standard file-only agent forces you to re-pay for context on every single close. By month 12, the cost gap is staggering. henonMAX delivers 54× the lifecycle savings while maintaining 100% accuracy.

Build

See what you can do with henonMAX

Monitoring

Portfolio monitoring shouldn't mean chasing data. henonMAX aggregates performance across every fund, portco, and borrower automatically — so your team always has a clean, current, and fully traceable picture.

Ready to eliminate hallucinations?

See how henonMAX performs on your data. Or explore the full benchmark results.