When Florian was asked by multiple people in his network to review a system architecture or help in the interview process to find the right technical staff, he wondered: "Is there no such professional service available?"
Together with Felix, they researched and learned that while technical due diligence is widespread in the United States, in Europe, it's a relatively new aspect of a company valuation. Speaking to investors, they gained even more important insights: Firstly, technical due diligence is currently either based on very loose or on fully automated processes of which none deliver satisfying results. Secondly, even though the team conducting the technical due diligence has a good knowledge of the weaknesses of a company, investors are unable to benefit from this knowledge in the long term.
Because of this, Florian and Felix developed a unique approach. It is systematic where possible and human-centric when necessary. Additionally, they turn their findings into direct value for investors by continuously monitoring the company's technological development. Following this approach, BitFlow supports investors from when they consider making an investment to the next funding round and the final exit.