If you have a specific question about DD-Ready, the fastest way to get answers is to contact DD-Ready™ support.
Due Diligence is a process undertaken by investors, bankers and funds prior to making their investment decision into a potential target company. This may be a startup, growth or fully operational mature company (fundraiser). Due diligence comprises of elements such as financial due diligence (FDD) and legal due diligence (LDD). The aim is to ensure that the fundraiser fulfills and is able to deliver on the promises it has made to its potential partners. The due diligence process requires all documents to be in place. The lack thereof is seen by investors and funds as the primary bottleneck in deal management, often causing deals to fail.
The world moves too fast for investment rounds that last six months. Being DD-Ready™ ensures that potential investors have all the required information at their fingertips, enabling them to make their investment decision quickly. Our system means that you can move from initial discussions to term sheet, to due diligence and financial close in days – not weeks.
Your data is safe with us. With end-to-end file encryption stored on some of the most secure servers in the world, your files are stored in a safe environment. When sharing files using our 1-click VDR™ (virtual data room) solution you will know who is viewing which of your files. You always have complete control over providing or revoking access.
Corporate governance is often overlooked in early stage and growth companies. Businesses focus on getting the product, service or concept on the market, but they miss out the crucial elements of corporate governance. DD-Ready™ intuitively reminds you which documents are out of date, what may be missing and when they are needed. This ensures you have full control and visibility over the central elements of your corporate documentation.
No. You decide which service provider is used in due diligence. However, DD-Ready’s partners offer high-quality services for due diligence.
Asset Verification Protocol is DD-Ready’s due diligence examination service. It’s provided in collaboration with our high-quality service provider partners.
DD-Ready has been developed by angel investors and lawyers who have been struggling with fundraisers that do not have up-to-date corporate documentation. The fundraisers may have a great concept and a quality team, but they are not investment ready. This wastes investors’ time and resources. DD-Ready’s information request lists are tailored to support fundraisers and customizable to meet the needs of specific funds or banks.
In the DD-Ready system, customized dashboards give the investor an overview of all the fundraisers’ progress. The investor is able to manage investment deal flow, as well as follow and communicate with applicable portfolio companies.
DD-Ready™ partners with cutting-edge M&A experts, such as law firms, financial administration service providers and experts, who want to give their customers safe, efficient and reliable services, and effective consultation related to due diligence.
The level of DD-Ready™ Partnerships may vary, from simply using the DD-Ready system for streamlined due diligence services, to more extensive collaboration.
There’s a revolution taking place in the financial sector. Equity crowdfunding platforms, peer-to-peer lending and crypto funding platforms are transforming the marketplace. But these platforms need to ensure their business continuity. Whether it uses fiat or cryptocurrency, a platform is only as valuable as its assets. Just one malicious or fraudulent asset will place the whole platform in jeopardy.
This is why we developed Asset Verification Protocol. It enables funding platforms to become self-regulated. It protects their investors – as well as the founders and operators of the platform itself.
By becoming a self-regulated marketplace, equity crowdfunding platforms and cryptocurrencies can show that they carry out due diligence of the assets as a prerequisite to publishing them on the platform. This protects the platform’s brand, its directors and its offering by carrying out due diligence on the assets it presents.
AVP is a compact quality assurance procedure for the most critical corporate governance documentation.
AVP certification shows that a third party has validated certain defined elements of the fundraiser to ensure that the company is legitimate. It provides an ongoing service to maintain the records of the company and examine any records, complaints or violations made against the company under public records.
Asset Verification Protocol (AVP) is a compact quality assurance procedure for the most critical corporate governance documentation.
DD-Ready™ status means that a company has collected the documentation required for a due diligence examination. DD-Ready™ does not evaluate the quality of the content of the documentation.
In most cases, the documentation required for Asset Verification Protocol is also included in the DD-Ready™ documentation, but DD-Readyness requires more extensive documentation. This means that a fundraiser can undergo Asset Verification Protocol and then proceed towards DD-Ready™ status.
When a company achieves both Asset Verification Protocol and DD-Ready™ status, it means that the company has collected the documentation required for a streamlined due diligence process – and that the constitutive part of the documentation has already been reviewed.