May Mor · Operational due diligence

The deck tells you the plan.
I tell you if they can run it.

Operational due diligence for venture capital firms, venture debt funds, lenders and family offices. I look at how a company actually works - its processes, its systems, its people - and show you where it does not match the plan you are being sold. One to two weeks, at deal pace.

10 years inside fintech, digital banking and capital markets · M.Sc in AI · An execution-readiness read, not investment advice

The risk nobody underwrites

Financial diligence checks the numbers. Commercial diligence checks the market.
Neither one checks whether the company can do the work.

71%

of what investors made on 2024 exits came from the company growing.

Up from 64% a year earlier. Cheap debt and rising multiples are not doing it any more.

Bain & Company
23%

of failed startups failed because of the team.

Running out of cash is 29%. No market need is 42%.

CB Insights
6.4

features out of 100 are the ones people actually use.

The other 94 get built, shipped, and barely touched.

Pendo 2024

Find it before you wire, and it changes the price or the plan. Find it after, and you spend two quarters discovering it while the board expects progress.

How this gets used

Four ways to use me.
One deal, or all four.

The same question comes up at every deal, in every company that stalls, and before every follow-on. After the first one, there is no re-briefing.

01

Before the money moves

I read the target: how the work moves, whether the systems help or get worked around, and what depends on one named person.

1-2 weeks, at deal pace
02

Inside the company after

I go in and do the work myself. No re-briefing, no second discovery. This is talent on demand.

Per job, as it comes up
03

Before the next round

A check before a follow-on or a refinancing, so the operational story going into the round is the real one.

Ahead of each raise
04

Inside your own process

I build the check into your own underwriting, scored the same way every time. Your team runs it after that.

Once, then it is yours
Every engagement is scoped, priced and paid on its own. Use me once, or every quarter. You decide each time.
Equity and debt are not the same buyer

If you lend,
this is the whole risk.

If you hold equity
Slow execution is dilution.
It gets repriced at the next round.
Painful. Survivable.
If you lend
Repayment is due either way.
Your upside is capped.
A missed milestone is your problem.

Covenants protect you if someone read the operation behind them. Worth repeating during the loan term, not only before it is written.

1-2 weeksfrom kickoff to a written answer you can take to the partnershipPer assessment
10 yearsinside this kind of company, in fintech, digital banking and capital marketsOperator-led
Per jobone price per engagement, agreed in writing before I startNo retainer

This is a read on how the company runs. It is not a code audit or a model review, and where a deal needs a specialist I say so. An execution-readiness read, not investment advice.

After the wire

I can go in
and do the work.

I take the jobs a portfolio company has nobody for. Same person who ran the diligence, so there is no second discovery. Offered to the companies you work with, paid by the job.

How talent on demand works
The 90-day plan the diligence identified, executed rather than filed
Interim cover when a product or program lead leaves mid-stage
A stuck migration or launch that crosses teams and belongs to none
Board reporting the company cannot build for itself yet
10+ years in hi-tech Regulated digital banking Fintech and payments Adtech at scale Capital markets and investment

M.Sc in Intelligent Systems, AI (Afeka) · B.Sc Industrial Engineering (Ruppin) · Certified Organizational Consultant and Certified Coach (Bar-Ilan) · Agile and Scrum (CSM, Facilitator, Scaling Practitioner) · Project Management · Directorship · Data Science for Executives

Where I
Write and Speak.

May Mor

Start with
one company.

Tell me what deal is in motion, or which portfolio company has stalled. I will tell you if an operational read helps here, and what it would cover. I answer 7 days a week.