What information do we consider during our process of due diligence?

In case the ventures are suitable within the preliminary screening phase, we initiate the in-depth due diligence process with our Due Diligence committee. Time-to-time, we also consider expertise from our expert network in the process.

Business Model
A sustainable business model is key. How will the venture generate their revenue? What are the users/customers base? Go-to market strategy and traction?

Team
We look for passion, competence, awareness of their own limitations, balanced appetite for risk, and an ability to inspire. We also check the advisor board and their involvement in the business. In addition, we also check the corporate structure of the venture.

Market
We look for a bottom up approach. We are interested if they have identified their user/buyer. Product-market fit is quite relevant.

Technology
Is the product already developed and ready to be marketed? Or are they in the development phase? Has the venture secured some Proof of Concept? Or have they applied for a Patent?

Financials
We check the current financial statement of the company. We analyse the suitability of the proposed investment round.

Fact-checking
We verify any key information presented in the pitch deck.

Eligibility Test
We run a KYC check on the founders and relevant shareholders. In addition, we also check the legal structure of the venture with the register of companies.