Tawaref's due diligence process consists of three stages:
1. Eligibility Check: In the internal pitch, Tawaref's due diligence (DD) team meets with the founders to gain a deeper understanding of the startup's business model and technology.
2. Due Diligence: This involves a meticulous and in-depth analysis conducted by DD experts across commercial and legal dimensions:
- Commercial Due Diligence: The startup is evaluated based on six dimensions, including Team, Traction, Technology, Captable, Business Model, and competition.
- Legal Due Diligence: This stage focuses on _________.
3. Investment Committee: The startup is presented to Tawaref's Investment Committee (IC) for a final decision.
4. Fundraising: Tawaref's team schedules a pitch night with investors, and the startup is added to the open deals tab for investors. The closing typically takes place within 25-35 days.
