Technical Due Diligence: Vital for Startups & Investors
Raising investment for startups has become increasingly challenging as investors are now more cautious than ever, when seeking the next best idea. In light of recent events over the past few years, it has become even more critical to conduct thorough due diligence on a startup. The financials, team, and market have often been prioritized, but one aspect that should not be overlooked is technical due diligence.
This process involves an overall assessment of a company’s technical capabilities, infrastructure, scalability, potential risks, and an in-depth analysis of their product. Investors need to verify the technology aligns with what has been claimed in a startup’s deck, especially with the term ‘disruptive’ being loosely utilized across most sectors today.
A startup equally needs to understand their weaknesses, in order to be best positioned when fundraising. Engaging in a technical audit from a third party is an excellent indicator that a startup is willing to address any concerns, can validate their technical competence, and definitely helps strengthen the investor-startup relationship.
Technical due diligence also helps identify and mitigate risks for both sides, especially given neither typically have the expertise (without any bias), to provide comprehensive metrics on feasibility, usability, data security, team skill set, and other key areas. Many investors are making risky decisions with surface level insights, because they do not have the ability to perform this type of technical analysis within a reasonable budget or timeframe.
Evaluating a startup’s technology is extremely important to help investors make informed decisions, and for founders to understand if they can be truly confident when pitching for investment.
Sibble & Associates is a technical viability analysis firm dedicated to helping startups and investors navigate unique challenges and opportunities. Their experienced team assesses your project’s technical stack, usability, data risk, feasibility, design, and talent pool, providing thorough insights to build a solid foundation for success. Trusted by investors and startups alike, Sibble & Associates delivers expert guidance that enables clients to make informed decisions, plan for growth, and harness the full potential of their emerging ideas and technologies.
Take advantage of their special discount launch price as a StartupFuel Diligence Vendor, available for a limited time, to experience exceptional value while elevating your project’s potential to new heights. Startup founder or investor? Receive your report here: Technical Viability Analysis
Want to learn more prior to purchasing a report? Watch StartupFuel’s Founder interview the Managing Partner of Sibble & Associates below.
