First-touch email cited Memory match (re-engaged from Nov 2025 traction-pass).

Memory recall surfaced a Nov 2025 pass for traction reasons. Diff applied to brief signal panel.

Cited from Apr 2026 update + last call notes. Awaiting your send.

Confirmed against Stripe export ourselves. Numbers reconcile within 1.2%.

Auto-generated after detecting missing burn line in April update.

Saved query: traction passes / quarterly recheck. Re-runs every Monday at 9am.

12 hits this week · 2 re-engaged · 1 promoted to Pursue.

Worth asking about churned MRR — last 60 days only.

Re-indexed 6 sources after VL benchmark run completed.

Matches what we triangulated from public Stripe Atlas signals last week.

Transition reason: in-thesis · auto-logged. Diligence checklist activated (24 items).

Clean. No MFN, standard pro-rata, no liquidation-preference quirks.

Memory flagged change since Aug 2025 pass. New ARR $320k · 7 annual contracts. Card moved Sourced → Briefed.

Two consecutive flat months on ARR. Concentration: 58% on two logos. Founder cited longer enterprise cycles.

Re-evaluation: 31 cards re-tagged · 2 thesis-fit changes routed for review.