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8 questions to answer before your startup faces technical due diligence

TechCrunch

Will your organization and your code pass technical due diligence when it’s your turn? Let’s start with the positives: If an investor is proceeding with technical due diligence (TDD), you’ll likely pass. Here’s the not-so-good news: Companies can pass the business test, but fail TDD.

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The key to operational AI: Modern data architecture

CIO

From customer service chatbots to marketing teams analyzing call center data, the majority of enterprises—about 90% according to recent data —have begun exploring AI. Adopting Operational AI Organizations looking to adopt Operational AI must consider three core implementation pillars: people, process, and technology.

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VCs who want better outcomes should use data to reduce founder team risk

TechCrunch

Janneke Niessen is a partner at CapitalT , a serial entrepreneur and a tech diversity advocate. So why aren’t they doing that when evaluating startup teams? Sixty percent of startups fail because of problems with the team. Instinct matters, but a team is too big a risk to leave to intuition. I have founded two companies.

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LinkSquares benefits from the legal tech boom with a fresh $100M

TechCrunch

Demonstrating that there’s a robust market for contract management solutions, LinkSquares , a company developing intelligent software that helps brands maintain and ink new contracts, today announced that it raised $100 million in Series C financing led by G Squared. Modern legal teams need to cement their seat at the executive-level.

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Productfy raises $16M to build the ‘Shopify of embedded finance’

TechCrunch

The company claims that with its platform, developers can “configure in hours, integrate in days, and go from idea to full stack deployment in as little as three weeks.” . But Productfy, unlike many other BaaS companies, is not just focused on developers. Put more simply, Productfy wants to be the “Shopify of embedded finance.”

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How African startups raised investments in 2020

TechCrunch

But with the pandemic bringing in utter confusion and panic, companies downsized as investors re-strategized, and due diligence slowed during the first few months of the year. This can be attributed to an increase in seed rounds (up 88% from 2019) and bridge rounds due to shortage of cash amidst a pandemic-induced lockdown.

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Is your disaster recovery a house of cards? Why BIA, BCP, and DRP are your foundation

CIO

For example, large businesses can lose as much as $357,600 per hour. Credit: The Business Impact of Downtime Across Operational Segments , IDC, September 2024; IDC IT/OT Convergence Survey, August 2024, n = 1,041 When ransomware strikes (a disaster almost all technology leaders will experience), the disruption can last for days or even weeks.