Streamlining Due Diligence for Investors
& Fundraising for Startups
What’s In It For You?
Need a Deal Memo written?
Do you have a potential investment you need assistance evaluating? Our expert team can assist by conducting Due Diligence and creating Deal Memos on early stage investment opportunities.
Our Standard Deal Memo examines the company in detail by looking into 6 key areas of the business. We then produce a comprehensive report that is approximately 20-25 pages long that outlines our findings after evaluating the venture. It typically takes an average of 10 business days to complete.
Due Diligence for Angel Groups
Often times, there is enough interest in a deal to warrant further Due Diligence within an Angel Group, but that interest means nothing if there are not enough volunteers to actually complete the work of bringing the Deal Memo to life. We have the background and expertise to fill in those gaps to ensure the Deal Memo is produced so that the right deals aren’t missed due to lack of participation.
As experienced leaders in the Angel investing space, we are familiar with the work required to perform thoughtful Due Diligence on early stage companies. Kelsey August, Founder of DealFlowNow, is a serial entrepreneur and super angel investor with over 7 years of experience on the Investment Committee for the Central Texas Angel Network (CTAN). In that role, Kelsey played a vital role in Due Diligence work that helped secure tens of millions of dollars for dozens of companies. Kelsey also served as the Board Chair of CTAN from 2019-2022.
Our deep understanding of the angel investing space enables us to supplement and streamline the Due Diligence process for Angel Groups. Let us take the headache out of evaluating startups for your Angel Group.
What exactly is covered in the Deal Memo?
The Deal Memo opens with an Executive Summary of the overall investment opportunity. The following 6 areas will then be investigated by our team in collaboration with the executive team of the company:
- Team
- Product & Technology
- Competition
- Market opportunity & Sales Strategy
- Exit Potential
- Financials
Why is a Deal Memo useful?
Startups, by their nature, are risky. When evaluating potential investment opportunities, it is important for Investors to take the time to thoughtfully investigate the business to determine its viability.
Taking the time to mitigate risk by conducting proper due diligence impacts investor returns. A study conducted by Wiltbank and Boeker looked at data from over 538 angels in 3,000 investments to determine the impact the amount of due diligence had on investor returns. The results are eye-opening, but not entirely surprising:
“More hours of due diligence positively relates to greater returns.”
The study also revealed that the overall return multiple for angel investors who did a significant amount of due diligence was the following:
5.9X for greater than 20 hours of due diligence
Needless to say, due diligence plays an important role in the overall investment process, which is why it is important to approach it thoughtfully.
If you need assistance vetting an investment opportunity, let us help. We can take on the 20 hours of work needed to evaluate the company for you.
Want to learn more?
Reach out to our Expert Team today!
For Investors: Match Your Investment Thesis
Are you struggling to find Startups that fit your Investment Criteria? Our searching tool can assist by helping you find the right opportunities.
Think of DealFlowNow as the Craigslist for Early Stage Investment Opportunities. It is a strategic resource that you can utilize to find and source deals.
Who is using the site for Deal Flow?
Individual Investors, Angel Groups, Family Offices, and VCs.
Who are the Startups?
Early stage companies who are raising primarily Pre-Seed to Series B Rounds.
Why?
To quickly fill rounds, enabling you and the entrepreneur to get back to business.
Where?
Post login find Startups that match your investment criteria.
How?
Simply select all criteria boxes that are applicable and profile matches populate. A company profile will provide you with a Company Description, Founding Story, Team Details, Market Info and more. Just reach out and make contact once you review the Startup‘s Profile.
Search and match options include:
- Investment stage – Pre-Seed to Series B
- Type of financing – equity, SAFE, convertible note, loan
- Fundraising close date – within 30, 60, 90 days
- Raise amount left in round
- Entity and industry type
- State select
- Key attributes – impact, sustainability, green technology, eco-friendly
- Founder details like Veteran, Woman, Black, Latinx and LGBTQ+
- Pick your preferences. Two dozen to choose from, including:
- experienced team
- serial entrepreneur
- innovative technology
- MVP, scalability
- significant market size
- generating revenue
- completed deal memo
“I achieve exceptional returns when I invest in startups that meet all of my criteria.”
Kelsey August, Seasoned Investor
Want to participate in the Startup?
Become an Advisor for companies that can benefit from your specific areas of expertise. Depending on your knowledge and background, you may be an ideal Board Member or even Cofounder match for the Startup. Your mentorship could be crucial for the company to scale and thrive.
When you join the platform, find all the US based companies who are currently seeking Advisors. You can narrow down your search by state or industry, as well as founder and business attributes.
When matched with relevant Startups, you can review their profiles in depth. Simply reach out and connect once you’ve evaluated your matches.
For Startups: Turn Fundraising Inbound
Are you a US based company looking for investment in the next year? Raise for ANY stage – Pre-Seed, Bridge, Series A, B, and beyond.
Access Investors: Save time searching for unrealistic investor matches and turn the process inbound to attract the investors who are looking for you.
Companies need an average of 40 investor meetings and a little over 12 weeks to close a round. There is no correlation between the number of investors contacted and the amount of money raised. Focus on getting quality introductions to investors who are likely to be a fit. (Docsend Report in association with Harvard Business School)
Find Advisors: Connect with key resources to help ramp growth. Gain knowledge wealth and mentorship.
Advisors grow startups 3.5 faster and raise 7x more money. (Forbes)
Fill out a confidential Connectionaire and our matching technology creates a robust profile for Investors to review. When Investors match, they will contact you.
“DealFlowNow is a game-changing time-saver for entrepreneurs looking for the perfect funding, advisors, and talent to grow their business.”
Josh, Gameday Metaverse
Our Team
Kelsey August
Chief Executive Officer
DealFlowNow is the brainchild of Kelsey August, Past Chair of the Central Texas Angel Network. During her time at CTAN, she served on the Investment Committee and played a vital role in Due Diligence that helped secure tens of millions of dollars for dozens of companies. Kelsey now has 40 active companies in her portfolio. DealFlowNow is her latest contribution to the startup ecosystem. Plus, she uses it to select her startup investments as well as help her current portfolio companies raise their next rounds.
Victoria Dominguez-Edington
Director of Operations
Victoria Dominguez-Edington is the Director of Operations for DealFlowNow. Previously, she served the startup community as the Program Director for the Central Texas Angel Network. In her role, Victoria led and participated in the Due Diligence process. She played a key role in the creation of Deal Memos for Startups seeking funding from Investors. Victoria also managed the planning and execution of Funding Cycles for Startups to secure funding from Investors. Victoria was featured as a 2022 SXSW Mentor.
Camron Matschek
Camron Matschek built the DealFlowNow platform and handles all of the behind the scenes technical work required to operate our platform. Camron also serves as the Chief Operating Officer of Monroe & Weisbrod, holds the position of Chief Technology Officer at On the Dot Global, and has built and run numerous tech projects from the ground-up including VidHealth, Hourglass.md, and vStaff.