OpenOcean Releases Tool to Determine Startups’ VC Readiness

ready for vcVenture capital firm OpenOcean has teamed up with portfolio company by, a cloud hosting platform for scalable web application and e-commerce businesses, to create an online tool to assess startups’ funding readiness from a technical and product perspective. 

The due diligence tool features an online quiz (for the CTO and CEO to complete together) that maps a company against other startups in the same space and plots their VC readiness and technical maturity on a grid. It covers key topics that matter to scale a development team, including roadmap management, methodology, team organization, deployment process, quality insurance, disaster recovery and support strategies.

The tool, available at, will be used by the OpenOcean’s team as part of their initial discussions to evaluate the tech maturity with potential future portfolio companies.




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