Curated Deal Network

Apply to join.
Success fee only.

A network of select sell-side advisers Iceberg works with on a success-fee-aligned basis. We deliver contact sourcing, enrichment, warm path mapping, and introductions weekly across your active mandates. No upfront cost, no retainer. We earn 5% of your success fee, paid only when a mandate closes.

Apply to join → How it works →
24+
Advisers on platform
30+
Active mandates
20K+
Contacts mapped in the database
32 → 100
Deals in 2025, on track for 100 in 2026

Members from Goldman Sachs, PwC Capital, KPMG, Macquarie, Morgans and more.

How it works

Apply, onboard, then we run the cadence.

01

Apply

Book a call. We learn your firm, sector focus, and the kinds of mandates you run.

02

Onboard

If we're a fit, you join the network. We set up your workspace and ingest your blackbook.

03 · Iceberg

Weekly delivery

Sourcing, enrichment, warm paths, and intros on each active mandate. Every week, up to 12 weeks per mandate.

04

Close

When a mandate closes, Iceberg earns 5% of your success fee. Aligned by design.

What's included

Everything we deliver across your mandates.

Contact sourcing, weekly

A ranked, verified buyer or investor universe maintained week to week for up to 12 weeks per mandate. New names from conversations and market shifts are added live.

Contact enrichment to partner level

Not generic firm contacts. The specific decision-maker, their deal history, verified work email and LinkedIn, and the angle to lead with on every contact.

Warm path mapping

Cross-referenced against your network and the broader Iceberg network to surface the shortest, warmest path to every target.

Introductions facilitated end to end

We draft intros and coordinate the warm path so the meeting actually happens. Outreach drafted on your behalf when you want it.

Iceberg workspace and CRM included

All deliverables sit inside your Iceberg workspace, with CRM, audit trail, and one-click CSV export, yours to keep.

Up to 12-week mandate sprint

We commit to running the cadence for up to 12 weeks per mandate. Longer if the deal warrants and the work is paying off.

The commitment

Not a tool. A deal partner.

Being in the network means Iceberg works for you in an unlimited capacity to get you in front of the right buyer at the right time. Every capability we have, relationships, intelligence, agents and introductions, is on the table for every member.

Unlimited execution

No caps, no extra charges, no limits on queries, sourcing depth or re-runs. We cover every credible buyer for every mandate you run.

First access to everything we build

Every experiment in deal sourcing, prediction and origination ships to network members as it lands. You are inside the roadmap, not waiting for a release.

Proactive deal introductions

When our intelligence surfaces a deal that fits your mandate profile, we make the introduction. If it is right for you, you hear about it before anyone else does.

LLM and token costs on us

Any increase in AI model or token pricing is absorbed by Iceberg. Your fee percentage never changes because our costs went up. The terms you agree at signing are the terms you keep.

One monthly mandate review. We run through your active mandates, review buyer coverage, flag new introductions, and leave you with one clear action item from our team. One query per mandate per week, delivered within 24 to 48 hours to your inbox and workspace. Email query@iceberg.software, no login needed.
How we get paid

5% of your success fee, paid only on close.

Iceberg only earns when your mandate closes. No retainer, no monthly fee, no per-contact billing. Standard advisory agreements remain yours, and Iceberg never represents or counter-signs with your client. We sit alongside you on each mandate as your execution layer, and our economics are aligned with closing the deal.

No upfront cost

No retainer, no subscription, no per-mandate fee. You only pay when an Iceberg-supported mandate closes.

5% of success fee

When a supported mandate closes, Iceberg invoices 5% of your success fee. Simple, transparent, aligned with the close.

You hold the relationship

Your client agreements are yours. Iceberg is your back-office execution layer; we never represent or counter-sign with your clients.

Curated for fit

Application-based so we ensure deal density and quality across the network. Not every applicant joins, and that is by design.

Deal sizeYour rateYour feeIceberg feeYou keep
$2M6%$120K$6K$114K  95%
$5M4%$200K$10K$190K  95%
$10M3%$300K$15K$285K  95%
$15M3%$450K$22.5K$427.5K  95%
$20M2%$400K$20K$380K  95%

5% of your advisory compensation in any form: cash, equity, debt or any other economic benefit. $5K minimum fee per deal, no cap. A Supported Transaction is any deal where you used Iceberg on the mandate. A 12-month tail applies, so the fee is due on any deal that closes within 12 months of the last Iceberg service on that mandate.

The network

One city at a time. Ten non-competing advisers each.

Before anyone joins, we cross-check with existing members to confirm no mandate overlap. If your vertical is already covered in your city, we cannot extend the invitation. Because every mandate feeds the same buyer graph, your first deal in the network already draws on the experience of every mandate before it. Your first mandate feels like your fiftieth.

Sydney
10 / 10
Full. Closed to new members.
Brisbane
5 / 10
5 seats open.
Melbourne
5 / 10
5 seats open.

Contact intelligence is shared across the network only on double opt-in. Your data is never exposed without your explicit consent.

Apply to join the network

Ready to align on the close?

Book a call so we can learn your firm and your mandates. We'll talk through fit and confirm next steps on the call.

Apply to join →
Terms at a glance

The deal, in four lines.

Contract term

12 months, auto-renews annually. 30-day notice to exit at renewal. 12-month success fee tail on live mandates.

Fee structure

Agreed on joining. 5% of all advisory compensation on every Supported Transaction, $5K minimum, fixed for the term.

LLM and token costs

Absorbed by Iceberg. Any AI cost increases are ours to carry. Your fee percentage is locked at signing.

Your data

Always yours. Export anytime. No AI training on your contacts. Shared only on double opt-in.

Enterprise-grade

Iceberg's commitments on data, security, and continuity.

These terms apply to every engagement, standard order or custom scope. Procurement-friendly by default, no enterprise tier required.

Ownership & derivative works

All contacts, mandate materials, and activity uploaded by the adviser remain the property of the adviser. Any Iceberg-generated enrichment tied to the adviser's contacts, including derivative works such as AI-generated scoring and target universes, constitutes work product and is the sole property of the adviser.

Restricted use & no AI training

Adviser data is used solely to provide the Iceberg service. Iceberg expressly prohibits use of adviser data for training AI models, data aggregation, or resale to third parties. No use, including aggregated or anonymised versions, for benchmarking, product development, or marketing without explicit written consent.

Data security & cross-border handling

Iceberg adheres to the Australian Privacy Act and Australian Privacy Principles (APPs) as the primary framework, alongside GDPR-compliant protocols for EU-facing advisers and CCPA compliance for California-based entities.

Incident notification

In the event of a confirmed data security breach, Iceberg guarantees a 24-hour breach notification SLA from time of discovery.

Export & deletion

On contract termination, the adviser has thirty (30) days to request a full export of uploaded data and Iceberg-generated enrichments, provided in CSV and JSON. After that window, or on immediate written request, Iceberg guarantees full deletion within fourteen (14) days with a certified destruction attestation.

Subprocessors

Iceberg uses strict-compliance subprocessors including Google Gemini, OpenAI, and Exa Search. Iceberg provides thirty (30) days' prior written notice before adding any non-US AI provider.

Business continuity

Iceberg commits to a 4-hour Recovery Time Objective (RTO) and a 24-hour Recovery Point Objective (RPO).

Governing law & liability

This agreement is governed by the laws of Queensland, Australia.