Venture Diligence
OFFERING OVERVIEW
Investor-grade diligence for venture rounds, delivered at the pace the round demands. Our team runs the transaction-level analysis, cash flow modeling, and data gathering through AI-enabled workflows, so our senior professionals spend the compressed timeline on the judgment calls that pressure-test revenue quality, gross margin, customer ramp, and cash runway, the calls that can change round size, equity, or board seats.
Included capabilities
Proof of Cash
We confirm every dollar reported actually hit the bank before we build on it. Confirms bank activity reconciles to the reported financials, the baseline that validates completeness. Effectively required on every engagement.
Quality of Revenue (QoR)
Revenue restated under ASC 606, so growth numbers mean what they say. Revenue restated under ASC 606 with revenue-by-customer, MRR/ARR trends, churn and retention, and customer concentration.
Customer Ramp and Implementation
We show you how fast new customers actually reach full contract value. Analysis of how quickly customers move from signed contract to live to full capacity, key for CARR-based underwriting.
Gross Profit Margin
A vendor and payroll review that catches the costs skewing your margin. Vendor and payroll analysis to confirm gross margin is correctly stated and catch costs that need reclassing.
Future Cash Flow Analysis
Forward cash flow modeled for the deals where runway is the real question. Models forward cash flows and runway for liquidity-sensitive deals and venture checks.
Balance Sheet Pulse
A fast red-flag read on working capital before you commit to full diligence. Red-flag review of working-capital accounts to assess whether the balance sheet is correctly stated.
Finance Team Assessment
We tell you whether the target's finance team can carry the business forward. Assesses the sophistication of the target's finance team with recommendations for next steps.
FDD Findings Report
One findings report your investment committee, lenders, and insurers can all rely on. Investor-grade summary of the financial diligence findings, usable by the deal team, sponsor, LPs, lenders, and insurers.
