Technical due diligence services exist because deals are priced on slides, and slides lie. We read the code, interview the team, and tell you what the technology is worth — in two weeks, in writing.
What Is Technical Due Diligence?
Technical due diligence is an independent examination of a company's software architecture, code quality, security posture, infrastructure, and engineering team, performed before an investment, acquisition, or major partnership. Its purpose is to establish what the technology is actually worth, what it will cost to maintain and scale, and which risks transfer with the transaction. A useful technical due diligence report is specific enough to change the price or restructure the deal.
We deliver technical due diligence services as a two-week Diagnostic Sprint: fixed scope, fixed price, and a defensible written verdict at the end. No retainer required to understand your own document.
The Problem: Deals Priced on Slides
A pitch deck says proprietary AI platform. The repository says three API wrappers and a cron job. Nobody in the deal room can tell the difference until someone opens the repository. That someone is us.
The risks that kill post-close value rarely appear on a slide: a single engineer who holds the entire system in their head; open-source licenses incompatible with commercial use; infrastructure costs that scale faster than revenue; security debt one disclosure away from becoming a liability. We look for all of it, deliberately, and we write down what we find — including when the answer is that the technology is sound. Radical honesty cuts both ways.
How We Run a Strategic Code Review
Week one: access and reading. We review architecture, repositories, commit history, CI/CD pipelines, infrastructure, and dependency trees, and we interview the engineers who built them. We read code, not slides.
Week two: verification and writing. Management claims get tested against the codebase. Security posture gets assessed — and where the deal warrants it, extended into full penetration testing. If the target ships AI features, we examine model provenance, data rights, and training-data exposure under the same lens as our AI governance practice.
Day ten: a findings walkthrough with your deal team. Nothing in the final report is a surprise.
What the Technical Due Diligence Report Contains
Architecture assessment and the scalability ceiling. Code quality findings with commentary a non-engineer can read. Security posture and known-vulnerability exposure. Key-person and team risk. IP and open-source license review. Infrastructure cost trajectory. And a prioritized remediation list with effort estimates: what to fix before close, what to price into the deal, what to ignore.
The report is yours — full IP transfer, no lock-in. It is written to be read twice: once by the partner deciding the deal, once by the CTO who inherits the codebase.
Who Buys This, and Why Us
Private equity firms in diligence. Acquirers validating a target. Series A through growth-stage boards ordering a strategic code review before a raise, so the data room holds up under someone else's diligence. Family offices making direct technology investments — one reason our next office is opening in Miami, Florida.
Most technical due diligence services are performed by analysts working from questionnaires. Ours are performed by engineers working from the repository. That is the whole differentiator, and it is enough.
The practice sits inside strategy, compliance and transformation, and every engagement runs on the same terms as the rest of our work: a two-week sprint, then three ways to engage if the work continues. Clean exit at every stage.
Frequently asked questions
- What is included in technical due diligence?
- A complete technical due diligence engagement covers six areas: software architecture, code quality, security posture, scalability and infrastructure cost, key-person and team risk, and intellectual property including open-source license compliance. Each area produces written findings with severity ratings and remediation estimates. Anything outside scope is named as outside scope — no silent gaps.
- What is a technical due diligence report for investors?
- A technical due diligence report for investors is a written, defensible assessment of a target company's technology, produced by an independent engineering team before a transaction. It translates code-level findings into deal terms: valuation adjustments, escrow conditions, remediation covenants, and post-close priorities. Blankpage delivers it in two weeks, written for both the partner and the CTO.
- How do you assess code quality before an acquisition?
- We read the code directly: static analysis for structure and defect density, commit history for development discipline and key-person concentration, dependency audits for security and license risk, and engineer interviews to test whether the team understands its own system. Metrics alone mislead — a codebase can score clean and still be unmaintainable. Judgment from working engineers is the control.
- How long does technical due diligence take?
- Two weeks, run as a fixed-scope Diagnostic Sprint: week one for access, reading, and interviews; week two for verification and writing, with a findings walkthrough on day ten. Compressed timelines for competitive deals are possible, and we will tell you plainly what a shorter window does and does not cover.
- Do you need full access to the source code?
- Yes. Software due diligence without repository access is opinion, not diligence. We work under NDA, inside the target's environment where required, and we retain nothing after the engagement closes. If a target refuses access entirely, that refusal is itself a finding.