Navigating Venture Capital Due Diligence

 In Strategy

SMEs just don’t have the time

The Challenge
ThinkBridge initially partnered with our client, an outsourced financial services firm, to to develop a finance and accounting reporting platform for their business. At the same time they were starting the process of raising additional capital to help fuel their aggressive growth strategy.

To secure the necessary funding, however, our client was faced with completing a 30-page technology questionnaire as part of a VC due diligence process. As a small business, our client knew this would require a significant investment in time and resources, both of which were already scarce, to complete the task.

Our Solution
With a working knowledge of our client’s existing technology infrastructure as well as our vast experience navigating the VC funding process, ThinkBridge was enlisted to help expedite the task of completing the questionnaire to secure the additional funding.

With our disciplined approach and proven expertise in technology strategy, we were able to complete the questionnaire and compile all required supporting documentation in a single day. As a result, the due diligence timeline was shortened by a month and our client was quickly awarded a new round of funding.

How did we do it?

EXPERIENCE
Our team has years of experience in fulfilling complex VC due diligence requirements along with ISO, PCI, ISO, SOX compliance audits.

REPEATABLE, DISCIPLINED METHODOLOGY
Regardless of the size or complexity of the technology stack and software a business employs, ThinkBridge applies a proven methodology to each project we undertake. Our goal is to ensure our processes are traceable, transparent, and accessible at any moment.

THOROUGHLY DOCUMENTED PROCESS ACCELERATORS
We account for every line of code, and all open source software we utilize includes version history documentation as well as change logs recording every update made since the initial implementation.

EASILY ACCESSIBLE DOCUMENTATION
We store all operational information in commonly accessible formats. Our due diligence process ensures that investor inquiries, compliance requirements or any other requests can be quickly and accurately met.