Due diligence

Also called: diligence, DD

The checking an investor or buyer does before committing money: reviewing your finances, legal documents, product and the claims you have made.

For example: Before investing, a firm asks to see your bank statements, customer contracts, cap table and proof that the company owns its code.

Connects to 9

Term sheet Concept
Cap table Concept
Intellectual property Concept
Lead investor Concept
Data room Concept
SOC 2 Concept
Track One Government, program
Fractional CFO Concept
Technical due diligence Concept

This glossary is plain-language orientation, not legal or financial advice. Before you decide on a company structure, a contract, taxes or a fundraising deal, talk with a lawyer or an accountant.