Anonymous · pre-seed fintech · audit
Pre-seed audit — fintech raising seed
Two-week deep read commissioned before a seed round close. Identified 37 issues, prioritized to 9 must-fix items, recommended hiring sequence — the round closed two months later.
— problem
The blocker
Founders had a working product, real revenue, and a term sheet on the table. Lead investor wanted independent technical and compliance diligence before signing. The founders did not want a vendor who would pad the report to justify their bill.
— solution
What we did
- Week 1 read-only: codebase, deployment, contracts, vendor list, data flows.
- Week 2 interviews + synthesis with founders and lead engineer.
- Written 22-page report mapped to investor-stated concerns, not generic checklist.
- Two-hour walkthrough with founders + a separate session with the lead investor.
Outcome
Report identified 37 issues. We prioritized to 9 must-fix items before round close, 14 should-fix items for the first 90 days post-close. Lead investor signed two weeks later. Round closed at +$1.4M seed.
