WHAT YOU RECEIVE

Every finding, tested against the company's best answer.

FINDINGS REGISTER · THE NUMBERSSPECIMEN
RefFindingDirectionFirmnessThe company's best answerDoes it survive?
F-07USD 240,000 ARR is one USD 18,000 invoice, grossed up and multiplied by twelve▼ ADVERSEVERIFIED"Every early company annualizes a pilot."Yes, in full. It is the company's arithmetic on the company's documents.
F-06One customer credit, USD 18,000, in 31 consecutive monthly bank statements▼ ADVERSEVERIFIED"We are pre-commercial."Yes. The answer concedes it.
F-10Recomputed runway after the round is 11.8 months, against 18 in the model▼ ADVERSEPARTIAL"The study can be scoped down and hiring slowed."Partly. Both levers are real, and neither is quantified in the file.
F-15The bank record is complete, consecutive and free of gaps▲ FAVORABLEVERIFIEDNone needed.Yes. Every credit in the company's life is identifiable to a counterparty.

Four of forty findings in the specimen diligence report, which ranks every finding by how well it survives the company's best answer.

Specimen. Thornlark Diagnostics is a fictional company.

See the reports in Lensential Venture

HOW IT WORKS WITH YOU

From the data room to the committee.

On a stated clock.

A screen within 24 hours of the deck. The profile, the competitive position and the exit model within five business days. The diligence series with the memo within ten business days of data-room access, reissued as the founder answers. A principal reads and signs every paper.

Three ways to work with us.

Per paper; a screening retainer of five or ten screens a month, each within 24 hours; or the full series when you decide to pursue a deal. Fees are agreed before work begins; we price from what the same work costs you today.

The deck is where we start.

Every claim that matters gets one of six evidence labels. Anything we could not find is marked MISSING, with the places we looked.

Ready for the committee.

The committee paper puts the cases for and against at their strongest, and names the one event on which they differ.

The market half of the thesis.

Lensential Venture checks the company. Lensential Consult sizes the market it sells into and maps who competes and where the profit sits.

Your own back office, as a build.

We can also build inside your fund, for example a searchable record of every deal you have looked at, or an agent that collects investor updates each quarter.

We do not recommend for or against an investment.

Send us the last deal you passed on, or the last one you funded.

We screen it free within 24 hours, once per firm. Or ask for a specimen report first.

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