IdeasStartUp News

An online due diligence tool for startups “ReadyFor.VC”

Online tool that makes assessment simple for startups

 Very recently, a leading cloud hosting platform for scalable web application and e-commerce businesses, have tied up with one of their investors, VC fund, OpenOcean, to create an online due diligence tool, ReadyFor.VC

 Readyfor.VC is a tool for startups that allows them to accurately assess their VC funding readiness from a technical and product perspective. It basically plots the VC-readiness and technical maturity on a grid by mapping the company against other software startups in the same space.It is the end result of a consultation with hundreds of startups, including, and

The assessment tool has been designed as an easy to follow online quiz that the CTO and CEO of a startup complete together. The various questions asked are  about business, product, the company ambition and progress so far.The online tool covers key topics that matter to scale a development team, including roadmap management, team organisation, methodology ,quality insurance, disaster recovery and support strategies.

Fred Plais, CEO of Platform.shsays that the analysis will provide software startups with much needed insight on where they can improve the quality and velocity of their software delivery.

The online tool covers key topics that matter to scale a development team, including roadmap management, methodology, team organisation, deployment process, quality insurance, disaster recovery and support strategies. was initially tested at Vivatech Paris in July 2016, where an initial sample of mature startups (most of them have been already funded) were invited to share their answers. The results provided first insider insight on the success factors as well as the key areas for development.

Some of the more interesting findings included:

  • Having a CTO invested in the business seems to be a key success factor
  • Agile is now mainstream
  • A six month product roadmap is the new standard
  • As is having developers chose what they are going to work on
  • Working from home is a trend that is here to stay
  • Email, at least in the software development world, is dead

Share your thoughts in our comments section below.

Subscribe with us to get your dose of interesting news, research & opinions in the startup segment. Fill the form below :

[email-subscribers namefield=”YES” desc=”” group=”Public”]


Get Free Email Updates!

Signup now and receive an email once I publish new content.

I agree to have my personal information transfered to ConvertKit ( more information )

I will never give away, trade or sell your email address. You can unsubscribe at any time.

The Author

Startup-Buzz Team

Startup-Buzz Team

Startup-buzz Team is a collaborative group of entrepreneurs, researchers, writers and experienced professionals. Tied up together to bring the latest Startup Buzz going around the globe.

Previous post

Eco eMarket: Nothing Ever Goes To Waste

Next post

GoDaddy Launches Flare, the Tinder of Startup Community