Engineering & Consultancy

Technical due diligence, know what you're buying.

A pitch deck makes every architecture look ready. We give investors and acquirers an independent, healthcare-savvy read on the technology behind the deal — the risk, the remediation cost, and what it means before you sign.

The assessment

The technical risks that move a valuation

We score the target's technology across the dimensions that actually affect the deal — weighted by what most often turns into a write-down later.

Architecture & scalability

Whether the technology can carry the growth the deal is priced on — or quietly caps it.

Critical

Security & compliance

The HIPAA, PHI and security exposure the buyer would be inheriting along with the asset.

Critical

Team & delivery

Whether the people and process can keep shipping once the founders and the earn-out are gone.

High

Code quality & tech debt

The hidden remediation cost buried in the codebase that the financials don't show.

High

IP & licensing

Whether the company actually owns what it's selling — and what open-source terms ride along.

Medium

Roadmap & run cost

What it really costs to run and extend the platform after the deal closes.

Medium
Why AST

Diligence by people who build the same systems

A generic diligence shop reads the surface. We've built clinical platforms, so we know where healthcare tech actually hides its risk.

17+
years building healthcare tech

We assess software the way we build it — so we see the risks a generic diligence shop walks right past.

6
dimensions scored

Architecture, security, team, code, IP and cost — the things that actually move a valuation.

0
stake in the deal

We're independent of both sides. Our only job is to tell you what's really there.

1
deal-grade report

A clear, evidenced read on technical risk — written for an investment committee, not just engineers.

The engagement

How the diligence works

From scoping the deal questions to an investment-committee readout — an independent assessment built for a live transaction.

Start a conversation
Reviewing a target's technology
01Architecture & code review

We go under the hood — architecture, codebase and infrastructure — to judge whether the technology supports the story the deal is built on.

  • Architecture assessment
  • Code quality review
  • Scalability analysis
  • Tech-debt sizing
02Security & compliance review

We assess the security posture and HIPAA/SOC 2 exposure the buyer would inherit — because a breach or a failed audit doesn't care that the deal already closed.

  • Security posture
  • HIPAA / SOC 2 exposure
  • PHI handling
  • Open liabilities
03Team & process review

We evaluate whether the engineering org can keep delivering after the deal — the part of technical risk that lives in people, not code.

  • Team capability
  • Delivery process
  • Key-person risk
  • Knowledge concentration
04Findings & risk readout

You get a clear, ranked read on technical risk — with remediation cost and a readout your deal team and investment committee can act on.

  • Ranked risk findings
  • Remediation cost view
  • Deal-impact assessment
  • IC-ready readout
What we examine

The whole technical picture

Architecture

Whether the design supports the valuation's growth assumptions.

  • System design
  • Scalability ceiling
  • Single points of failure
  • Fit for the plan

Code quality & debt

The remediation liability hiding in the codebase.

  • Code health
  • Test coverage
  • Debt hotspots
  • Maintainability

Security & compliance

The exposure the buyer inherits with the asset.

  • Security posture
  • HIPAA / SOC 2
  • Known incidents
  • Open risks

Scalability & reliability

Whether it survives the next order of magnitude.

  • Load headroom
  • Reliability
  • Cost-to-scale
  • Bottlenecks

Team & process

Whether delivery continues after the deal.

  • Capability
  • Key-person risk
  • Delivery cadence
  • Documentation

IP & licensing

Whether they own what they're selling.

  • IP ownership
  • Open-source terms
  • Third-party licenses
  • Contractual risk
Who it's for

Whichever side of the table you're on

Backing a company, acquiring one, or preparing to be diligenced yourself — the question is the same: what's really under the hood?

Analyzing technical metrics

Funding a healthcare company

You're about to back a digital health business on the strength of its technology. We give you an independent read on whether that technology is an asset or a liability before you wire the money.

  • Pre-investment review
  • Risk-adjusted view
  • Valuation support
  • Confident decision

Buying or merging

An acquisition target's tech looks fine in the pitch. We tell you what you'd actually be buying — the architecture risk, the remediation cost and the integration reality — before close, not after.

  • Acquisition diligence
  • Integration risk
  • Remediation cost
  • Negotiation leverage

Preparing to raise or sell

You're going to be diligenced. We run the same review on you first, so you walk into the data room knowing exactly what they'll find — and have already fixed what you can.

  • Sell-side readiness
  • No surprises
  • Pre-empt findings
  • Stronger position
The deliverable

A checklist, or a read you can price a deal on

Technical diligence is only worth what it changes in the deal. Most of it changes nothing.

What you often get
A surface skim
A box-ticking checklist

A generic diligence pass that reads the README, counts the engineers, and misses the architectural risk that turns into a write-down eighteen months after the deal.

  • Generic checklist
  • No domain depth
  • Misses real risk
  • Hard to act on
What we deliver
A deal-grade read
Scored, evidenced, decision-ready

An independent assessment that scores technical risk, sizes remediation, and tells your investment committee what it means for the deal — backed by what we actually found in the code.

  • Domain-deep review
  • Scored & evidenced
  • Remediation costed
  • IC-ready readout
How we deliver

From scope to a committee-ready read

01
Scope

Agree the questions and the timeline.

02
Access

Code, infra, docs and team interviews.

03
Review

Assess across every dimension.

04
Score

Rank risk by materiality to the deal.

05
Cost

Size the remediation and run cost.

06
Readout

Brief the deal team and committee.

How we assess

Diligence principles we work by

The convictions that make a technical read worth betting a deal on.

Examining the technical foundation

Independent of the deal

We work for the truth, not the transaction. If the technology is strong, we'll say so just as plainly as if it isn't.

Score, don't vibe

Risk is scored against explicit criteria and evidenced from the code — not delivered as a reviewer's gut feeling.

Material risk first

We surface the risks that move a valuation, not a long tail of cosmetic findings nobody will act on.

Deal-relevant

Every finding is framed in terms of what it means for the deal — cost, timing and leverage — not just engineering taste.

Fast, without cutting corners

We move at deal speed, because diligence that lands after the window has closed is worthless.

Confidential by default

We handle sensitive material with the discretion a live transaction demands, on both sides of the table.

Questions

Technical due diligence FAQ

How is this different from an architecture review?

An architecture review helps you improve a system you own. Technical due diligence assesses someone else's system in the context of a transaction — pricing the risk an investor or acquirer would inherit, and framing every finding in terms of the deal. Same depth of analysis, very different lens and audience.

How fast can you turn it around?

We work to deal timelines, which usually means a focused engagement measured in weeks, not months. We scope tightly to the questions that matter to the transaction so you get an answer inside your window.

What access do you need?

A meaningful review needs the code, the infrastructure, key documentation and time with the engineering leadership. We work within whatever access the deal allows and are explicit about how any limits affect our confidence.

Can you support both buy-side and sell-side?

Yes. On buy-side we tell you what you'd be acquiring; on sell-side we run the review on you first so you enter the data room knowing what they'll find. We don't work both sides of the same deal.

Do you just assess, or can you help fix what you find?

We can do both, separately. The diligence itself is independent; if you proceed and want the remediation done, our engineering teams can take on the roadmap as a distinct engagement.

Before you sign

About to bet on someone else's technology?

Tell us about the deal and the timeline. We'll give you an independent, healthcare-savvy read on the technical risk before the window closes.

Talk to our team
A deal team