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Technical Due Diligence

Independent technical due diligence for acquirers, PE, and VCs across Canada and the US — plus reverse (sell-side) DD for founders raising or selling. CTO-grade technology risk assessments, on your deal timeline.

Know What You're Buying Before You Sign.

Reyem Tech delivers independent technical due diligence for investors, acquirers, and boards across Canada and the US evaluating a target's technology. We assess the codebase, architecture, scalability, security posture, and technical debt — and we surface the key-person risk and IP exposure that change deal terms. CTO-grade judgement, fast turnaround, and a written report your investment committee can actually act on. No success fees, no incentive to make the target look better than it is. And if you're the one being diligenced — raising or selling — we work the other side too: getting your technology genuinely DD-ready so a buyer's review doesn't reset your valuation.

What We Deliver: Technical Due Diligence That Holds Up in an IC

A complete, independent picture of the target's technology — what works, what's debt, and what could blow up after close. Every engagement ends with a risk-scored written report, not a verbal "looks fine."

Technical due diligence: senior reviewer assessing software architecture and code

Code & Architecture Review

We read the actual code — quality, test coverage, maintainability, documentation — and assess whether the architecture is something to build on or to unwind.

You get: A maintainability and architecture rating with the specific files, services, and decisions driving it.

Scalability Assessment

Can this system handle the growth your thesis depends on? We pressure-test the architecture, data model, and infrastructure against your projected scale.

You get: A scalability verdict with bottlenecks named and the rough cost of removing them.

Security & Compliance Posture

Vulnerability exposure, secrets handling, access control, and data practices — including handling of personal data under PIPEDA and relevant Canadian privacy law.

You get: A prioritised security findings list with severity ratings and remediation effort.

Technical-Debt Quantification

We do not just say "there's debt." We estimate it — in engineering months and dollars — so you can price it into the deal or the integration budget.

You get: A quantified technical-debt estimate you can put directly into the model.

Team & Key-Person Risk

Who actually holds the knowledge? We assess team depth, bus-factor, and whether the system survives the founder or lead engineer walking after close.

You get: A key-person risk map and retention/transition recommendations.

IP & Open-Source Licence Audit

We scan dependencies for copyleft contamination (GPL/AGPL), unclear IP ownership, and licence terms that could compromise the asset you think you're buying.

You get: A full licence inventory with flagged risks and ownership gaps.

Written Report & Risk Scoring

Everything lands in one document: an executive summary and overall risk score for the committee, plus a technical appendix your engineers can verify.

You get: An IC-ready report, signed by a senior technologist, with a defensible overall risk score.

Who This Is For: Investors, Acquirers, and Founders Prepping to Raise

Whether you're writing the cheque or trying to earn it, you need an independent read on the technology before terms are set.

The VC / PE Associate Running Diligence

"The financials are clean, but I have no way to judge whether the codebase is an asset or a liability. I need a technologist I trust to tell me, fast, whether there are deal-breakers hiding in the tech — before our committee meets."

The Strategic Acquirer / Corp Dev Lead

"We're acquiring for the product and the team. I need to know what integration actually costs, whether their architecture survives our scale, and whether the two engineers who built it are going to stay. A generalist consultant can't tell me that."

The Founder Prepping for a Raise or Sale

"I know buyers are going to put my code under a microscope. I'd rather bring in a senior technologist to get my architecture, security, and docs genuinely diligence-ready — and walk into the data room with a clean technical story — than get sandbagged on valuation halfway through diligence."

The Board or Lender Underwriting Risk

"I'm being asked to approve this deal or this loan. I need a credible, independent assessment of the technology risk I can put in front of the board — signed by someone senior, not a junior analyst running a checklist."

What a Red Flag Looks Like

These are the findings that change deal terms — the ones we front-load in every assessment. If a few of these surface, the price you agreed on is the wrong price.

One engineer is the only person who understands the system — and there's no documentation if they leave

Copyleft (GPL/AGPL) code is linked into a proprietary product, putting the IP you're buying at risk

No test coverage and no CI pipeline on a system you intend to scale aggressively after close

Hard-coded credentials, unpatched critical CVEs, or customer data with no access controls

The architecture cannot handle the growth your investment thesis depends on without a rewrite

Technical debt is large enough that the real cost of the asset is the purchase price plus a rebuild

Technical due diligence: presenting a risk matrix to stakeholders

How Our Technical Due Diligence Engagement Works

A structured process built around your deal timeline. We front-load the deal-breakers so you can act before terms are locked — and deliver a written report your committee can defend.

01

Scoping

Day 0-1

We align on the deal thesis, the questions that matter most, repo and data-room access, and your committee dates. You get a fixed fee and a delivery date before we start.

02

Code & Systems Review

Days 2-8

We read the codebase, map the architecture, run security and licence scans, and pressure-test scalability against your growth assumptions. Deal-breakers get flagged immediately, not at the end.

03

Team Interviews

Days 5-10

Structured interviews with the founders and key engineers to assess team depth, key-person risk, and how much of the system lives only in people's heads.

04

Report & Readout

Days 8-15

You receive the written report with an overall risk score, ranked red flags, and remediation estimates — followed by a live readout where we walk your committee through what it means for the deal.

Tight timeline?

For deals days from an LOI or close, we run a prioritised review and deliver a preliminary verbal readout in 48-72 hours, with the full report to follow.

Independent Technical DD vs. The Alternatives

What skipping the tech review — or hiring a generalist — actually costs you.

Independent Tech DD (Reyem Tech) Generalist Consultant Skipping It
Who runs it Senior technologist / fractional CTO Analyst with a checklist Nobody
Reads the actual code Yes — quality, debt, security, IP Surface review at best No
Quantifies technical debt In engineering months and dollars Rarely Discovered after close
Key-person & IP risk Assessed and mapped Often missed Surfaces as a crisis
Report credibility to an IC Signed, risk-scored, defensible Generic template N/A
Cost of getting it wrong Priced into the deal up front Partial coverage A rewrite you paid full price for

Why Independent Diligence Pays For Itself

The economics of knowing before you sign.

1-3

Weeks to a written, IC-ready report

48h

To a preliminary readout on a tight deal

0

Success fees biasing the assessment

100%

Independent — same report whether you buy or walk

Who This Is NOT For

You want a rubber-stamp that confirms a deal you've already decided to do

You need full financial or legal due diligence (we cover technology — we can refer the rest)

You want the cheapest checklist review with no senior technologist reading the code

You're looking for a success-fee-based advisor whose pay depends on the deal closing

How We Engage on Technical Due Diligence

Applicable engagement depths — pick the one that matches where you are. Each is a real, scoped engagement, not a vague consultation.

Advisory

Either side of the table, light-touch. Sell-side, we prepare your technology story and answer the buyer's diligence questions on your behalf — architecture documentation, a clear risk register, and a credible remediation narrative — so a buyer's DD does not reset your valuation. Buy-side, second opinions on findings and on-call guidance while you evaluate a target. You run the deal; we make the technology defensible.

Hands-on management

Embedded fractional CTO, hands on the work. Sell-side, we do not just advise — we get you genuinely DD-ready: remediating architecture and security risk, paying down the technical debt, and writing the documentation a serious buyer will probe (the pre-exit hardening that protects your valuation). Buy-side, an ongoing retainer where we run technical due diligence across your entire deal pipeline — consistent scoring, fast turnarounds, and second opinions for your investment team.

Full execution

A one-time, scoped technical due-diligence project: we independently review the target's codebase, architecture, scalability, security posture, technical debt, and team/key-person risk, and own delivery of a risk-scored report with red flags and an integration/remediation estimate — sized to your deal timeline.

The Reyem Tech ladder

Four buyable rungs. Pick the one that matches where you are. Each step is a real, productized engagement — not a vague consultation.

Frequently Asked Questions

Most engagements run one to three weeks. A focused pre-LOI red-flag review can be done in three to five business days; a full assessment of a mid-sized codebase with team interviews typically takes two to three weeks. We size the scope to your deal timeline and flag any blockers (missing repo access, unavailable founders) on day one.

A typical report covers: an executive summary with an overall risk score; a code and architecture review (quality, test coverage, maintainability); scalability assessment; security and compliance posture (including data handling under Canadian privacy law like PIPEDA); a quantified technical-debt estimate; team and key-person risk; an IP and open-source licence audit; and a prioritised list of red flags with remediation cost and timeline estimates. It is written for an investment committee, not just engineers.

A one-time, scoped technical due-diligence project typically runs $6K–$20K depending on codebase size, number of systems, and how many team interviews are needed — a quick pre-LOI red-flag review sits at the low end. Ongoing pipeline DD for active acquirers is a retainer from from $8,000/month; sell-side prep advisory is from $2,750/month. These are typical averages for planning only — actual cost is assessed per project and scope, and is not a guaranteed price. We quote a fixed fee after a brief scoping call so there are no surprises mid-deal.

Yes — most of our DD work is deadline-driven. If you are days from an LOI or a closing, we run a prioritised review that front-loads the deal-breakers (security exposure, architecture that cannot scale, key-person risk, licence contamination) and delivers a preliminary verbal readout within 48–72 hours, followed by the full written report. We schedule around your committee dates, not ours.

The ones that change deal terms: a single engineer who is the only person who understands the system (key-person risk), copyleft (GPL/AGPL) code linked into a proprietary product, no test coverage or CI on a system you are about to scale, hard-coded credentials or unpatched critical vulnerabilities, an architecture that cannot handle the buyer's projected growth, and technical debt large enough that the real cost of the asset is the price plus a rewrite. We rank each by severity and likelihood.

Reverse (or sell-side) due diligence is when a startup commissions its own technical assessment before raising a round or going to market for an acquisition. We run the same independent review an acquirer would, then help you fix or document the findings ahead of time — so you walk into the data room with no surprises and a cleaner technical story. Founders use it to defend valuation and shorten the buyer's diligence cycle.

We are independent. We do not take success fees, finder's fees, or any compensation tied to whether the deal closes — so our report is the same whether you proceed or walk away. That independence is the entire point: investors and boards trust a CTO-grade assessment precisely because it has no incentive to make the target look better or worse than it is.

The report is built for two audiences at once: a plain-language executive summary and risk score that an investment committee, board, or non-technical acquirer can act on, plus a detailed technical appendix your engineers (or the target's) can verify line by line. It is signed by a senior technologist, not a junior analyst, which is what makes it defensible in front of an IC or a lender.

A Technology Health Check is a fixed-scope engagement. Two weeks, written report, clear next steps — no open-ended commitment.