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Guide

How to verify a startup’s claims before investing

Check each claim against the record it should appear in: the company at its official register, its patents at the patent office, its filings at the regulator, and its figures across the deck, the accounts and what was said on calls. Count a match only when something ties the record to this company, such as its registered number, and label anything that rests on the founder’s word alone as unconfirmed.

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By , co-founder & CTO · Updated . Sources are listed at the end.

Seven steps, from the deck to a verdict on each claim

In order. The output is a list of what is confirmed, what is contradicted and what nobody could check.

  1. List the claims

    Read them out of the deck and the documents: who is on the team, what has been raised, what IP exists, what the company is, and every figure that matters to the decision.

    In Aventro: Claims are read out of the intake and the documents, and each document is read as it arrives.1,2

  2. Go to the source that holds each one

    Company details live in official registers, patents in patent offices, filings with regulators. The deck is where a claim starts.

    In Aventro: Company registers in Israel, the UK, the US, Norway and Finland, GLEIF, SEC EDGAR and patent offices; for a health company also the FDA’s device records, EUDAMED and the clinical trial registries.3,1

  3. Confirm it is the same company

    Names collide. A record counts only when something ties it to this company, such as a registered number.

    In Aventro: A name match alone is reported as not found, with the lead named.1

  4. Rank the sources

    An official register outranks a commercial database, which outranks the open web. A web page is a signal to corroborate.

    In Aventro: The same order decides which source wins, and what a web page says against the record is shown as context.1

  5. Compare the figures across documents and calls

    Revenue in the deck, the accounts and a call should agree. When they do not, keep every reading.

    In Aventro: Each reading is shown side by side, with a question you can send the company. A figure said aloud on a call is compared too, but speech never corroborates anything on its own.2

  6. Ask the company for what is missing

    A gap is a question with a due date. The answer belongs on the same record as the claim.

    In Aventro: Aventro AI drafts the request and nothing reaches the company until you send it. Aventro reads the answer against what was asked; you accept or decline it.2

  7. Label what stays unconfirmed

    A claim nobody could check is unconfirmed. Dropping it, or marking it green, makes the memo say more than you know.

    In Aventro: A claim that could not be checked is reported as unconfirmed, and a mismatch with the source becomes a flag.1

Questions

Which registers confirm that a startup exists?

The company register of the country it is incorporated in, the global LEI index (GLEIF) for its legal identity, and SEC EDGAR for US filings. Aventro checks company registers in Israel, the UK, the US, Norway and Finland, alongside GLEIF and SEC EDGAR.

Is a company with the same name a match?

No. Two companies can share a name. Count a match only when something ties the record to this company, such as its registered number; until then it is a lead.

What if the deck and the accounts disagree?

Keep both readings and ask the company which is right, with the two figures in front of them. Correcting one quietly hides the question the committee needs to see.

Does Aventro make the investment decision?

No. Aventro screens, checks and drafts. A person on your team records the decision, with their own reasons, and Aventro does not give investment advice.

Bring one live deal

Free, on one of your own deals. See it on a company you already know, before any quote.

  • A live deal screened against your own Fund DNA
  • Which claims we flagged that your team had not reached yet
  • How claims get checked against official registers and public filings
  • Your own IC memo template, filled from the deal
  • What pricing looks like for your seats and deal volume
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Sources

Every Aventro fact on this page links to the page of this site that states it.

  1. 1Aventro, Docs: Verification. aventro.ai/docs/verification
  2. 2Aventro, Docs: Diligence. aventro.ai/docs/diligence
  3. 3Aventro, Verification sources. aventro.ai/verification

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