Venture capital firm OpenOcean has teamed up with portfolio company by Platform.sh, 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 https://readyfor.vc/, will be used by the OpenOcean’s team as part of their initial discussions to evaluate the tech maturity with potential future portfolio companies.
FinSMEs
08/10/2016