Our Process
Fundraising is like a pit stop, it boosts you and helps the race to continue. We try to make the decision process efficient but fast.
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Overview
Fundraising is like a pit stop; it boosts you and helps the race to continue. We strive to make the decision process disciplined but fast.
The following are what the typical process looks like. Sometimes, there could be some exceptions. We will inform you as early as we can.
If you are a visual person, you can also check out our internal process map (We try our best to make everything transparent 👊).
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First meeting
One of our partners will meet you via Zoom or in-person for 45mins to learn about your business.
We’d like to have your pitch pack or similar material beforehand so that we can be well prepared, the meeting will be more efficient and we can move you faster in the process.
After the meeting, within 10 working days, we will get back to you on our decisions and schedule our second meeting if we’d like to proceed.
In the meantime, we will ask for your data room access or send you a list of documents we’d like to see to conduct the due diligence.
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Second meeting
The second meeting is optional, will be 1 hr and attended by both our partners. Usually, we choose to have the second meeting because we have too many questions unclear to draft an internal investment brief.
If we choose to proceed, within 10 working days of the second meeting, we will let you know our decision
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Investment Committee
We will conduct one or two weeks of due diligence. There will be emails and calls to ask questions to help us finalise our internal investment brief. We will then schedule a time with you to meet our investment committee.
During the investment committee meeting, you will meet our external committee member(s) and clarify some questions we have.
Sometimes, we need more clarification after the IC meeting. We usually will send through a Q&A list via Notion, where you can directly put your answers and answer follow-up questions.
We will express our interest in investing in 10 working days after the IC meeting or after the Q&A finishes.
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Execution
It depends on the structure of the deal, if we are the leading investor, we will send through a term sheet and conduct some legal DD on the key contracts and corporateate structure. Otherwise we will follow the leading investor’s terms.
If we decide to proceed, we will work on the documentation and will sign the relevant agreement and transfer the fund to your account.
Then, we are on your growth journey too!