Due Diligence

Due Diligence (DD) is a structured workspace used to evaluate a startup in a consistent, repeatable way. It combines a checklist-based review process with collaboration tools (notes, comments, files) and progress tracking—helping teams stay aligned and keep an auditable record of decisions.

Figure 1 — Due Diligence workspace overview

How Due Diligence starts

Due Diligence is typically created from Dealflow by selecting a startup and choosing Start DD Workout. A DD template defines the checklist structure, sections, and total tasks.

What you can do in Due Diligence

  • Track progress using a structured checklist and completion indicators.
  • Assign reviewers so multiple team members can collaborate.
  • Document findings with section notes, comments, and uploaded files.
  • Summarize outcomes using reporting and rating areas (when enabled).
  • Take next steps such as creating a Capital Call (depending on permissions and workflow).

What you see and what you can do may vary based on your organization’s configuration, templates, and role permissions.

Page layout at a glance

1) Left navigation (DD status filters)

The left panel helps you quickly filter due diligences by status groups (counts may be shown), such as:

  • Not Created, Created
  • Open—On Time, Ready For Review, Open—Past Due
  • Completed/Closed, On Hold, Canceled, Final Decision

These groupings help teams focus on what’s active, overdue, ready for review, or completed.

2) Header actions (top right)

Figure 2 — DD status and header actions

Depending on your permissions, you may see actions such as:

  • Status dropdown (e.g., Open—On Time) to update the DD status
  • Update Start / Close Date
  • View Startup Profile
  • + New Capital Call (creates a Capital Call from this DD when workflow allows)

3) Progress and assignment

  • Overall Progress shows completion percentage and number of completed items.
  • Status Breakdown may summarize counts of notes/files/completed items.
  • Assigned To shows who is involved; use Add more to assign additional members.

Common Due Diligence tabs

Tabs can vary by organization, but common sections include:

  • DD Check List: Task checklist grouped by sections; used for day-to-day review work.
  • DD Summary Report: A structured place to write summaries per section and export/share outcomes.
  • Opportunity Rating / Assessments: Areas for scoring or rubric-based evaluation (when enabled).
  • Deal Terms: A place to capture deal-related information and final notes/conclusions.
  • Company Data Room: Files relevant to diligence (pitch deck, documents, reports, etc.).
  • Team Notes: Internal notes shared across the diligence team.

Suggested workflow (high level)

  1. Start in DD Check List to understand required work and assign owners.
  2. Capture findings through notes/comments and attach supporting files as you review.
  3. Use ratings/assessments and the summary report to consolidate conclusions (if available).
  4. Update status as the diligence progresses (on time → ready for review → closed).
  5. When decision-ready, create next steps such as a Capital Call (if your process supports it).

Notes

  • Checklist content and total tasks depend on the selected Due Diligence template.
  • Visibility of tabs and actions depends on your organization’s permissions and configuration.