We deliver financial due diligence for VCs, growth investors, and PE funds - combining rigorous financial analysis with the practical perspective of people who have run finance functions inside high-growth companies.

Our reports go beyond surface-level accounting observations. We translate complexity into clear risk flags, key sensitivities, and commercially grounded recommendations that directly support investment committee decisions.​

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A. Financial & Commercial Review

We conduct a targeted assessment of the critical areas to an investment decision, including:​

• Validation of ARR, revenue recognition and deferred income

• Analysis of gross profit margins and underlying unit economics & core metrics

• Review of key supplier and commercial agreements

• Evaluation of finance team structure, capabilities and reporting integrity

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B. Operational & Governance Review

Beyond financial metrics, we assess the operational foundations of the business, with a focus on:

• Processes, systems and controls currently in place

• Corporate governance and oversight practices

• Working capital profile and cash management

• Tax, compliance and broader statutory risks

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Because our team has held senior finance roles inside high-growth companies, we know what good looks like — and what investors should be concerned about. Our recommendations reflect what we would do if we were responsible for the company's financial management.​​

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What You Get

Every FDD engagement delivers a clear, structured report covering:

• Executive summary with key findings and red flags

• Revenue quality analysis and ARR validation

• Cost base and margin assessment

• Balance sheet and working capital review

• Forward-looking assumption review

• Governance, compliance and operational risk flags

• Commercially grounded recommendations for your IC

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Who We Work With

We support investors across the deal lifecycle - from first-look analysis through to full pre-investment diligence:

• Venture capital funds conducting pre-investment diligence

• Growth equity investors evaluating later-stage opportunities

• Corporate investors and strategic acquirers

• Fund managers requiring portfolio company financial reviews

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Trusted by leading investors and funds

Octopus Ventures · Speedinvest · Illuminate Financial · British Business Bank · Molten · Gresham House ·

British Patient Capital · Guinness Ventures