We review each pitch deck against our internal score system to check for investment thesis fit and identify any key risks.

At this stage, we focus on understanding the team, problem, solution, market, competition, scale and exit potential.

A call will be arranged with a member of our team to delve deeper into your business and support our initial scoring assessment.

We aim to ensure that all the information you provide throughout our investment process is captured to avoid repetition and so our knowledge of your business increases as you progress through our pipeline.

A follow up call will be arranged with both Johnathan and Ben to decide whether or not to progress the opportunity to our Investment Committee.

The business opportunity will be presented to our Investment Committee to make a decision on whether to progress to due diligence.

We will ask you to fill out our Investment Memo Questionnaire and provide access to your data room to commence Due Diligence.

We want to build conviction in your business and we hope this process is constructive for both your business and Empirical Ventures.

The Due Diligence Report will be reviewed and sanctioned by the Investment Committee.

If successful, a term sheet will be issued, heading towards syndication mapping, board appointments and investment close.