Code & Co.

Testimonials

Many of the world's leading funds trust us for modern and actionable Tech & Product DD.

Hear from our customers how Code & Co.'s Tech & Product Due Diligence helps the world’s most successful funds make confident investment decisions.

RIVERSIDE EUROPE PARTNERS logo

At our company, we prioritize identifying outstanding tech-native investment opportunities. As we evaluate a company's technical and product prowess, along with its team’s processes and practices, Code & Co. sets a new benchmark with an investor-centric approach and has become our preferred party for in-depth Tech & Product Due Diligence.

Dr. Michael Weber
Dr. Michael Weber

Riverside, Partner

BREGAL UNTERNEHMERKAPITAL logo

Code & Co. has been a great partner in several dozen software transactions for us. They are reliable, fast, no-nonsense, and give great actionable advice. You will always receive senior attention, along with the judgment and dedication to deliver a fantastic product. I have never been disappointed a single time and can wholeheartedly recommend them to anyone looking for a great DD partner when it comes to software and tech.

Philipp Struth
Philipp Struth

Partner, Bregal Unternehmerkapital

Afinum logo

Code & Co.’s advice has been outstanding. Their ability to combine deep technological and software expertise with commercial acumen is unique in the market. Combined with a deep senior involvement, an exceptional quality level and a down-to-earth attitude makes them my advisor of choice.

Kai Roolf
Kai Roolf

Afinum, Partner

ONE PEAK logo

Code & Co. excelled with a very fast turnaround, delivering actionable and constructive insights. Its ability to handle deep tech topics and translate findings into tangible investor insights sets Code & Co. apart. The workshops were not only informative but also engaging, making the process highly effective and enjoyable for all stakeholders involved. Code & Co.’s findings will continue to be very useful throughout our holding period. We can warmly recommend the team.

David Klein
David Klein

One Peak, Co-Founder & Managing Partner

PARKERGALE logo

We trust the team at Code & Co. for actionable Tech & Product Due Diligence and have been working with them for several years now. We appreciate their pragmatic delivery of key insights, making them excellent sparring partners for my colleagues and me, independent of an individual's level of technical expertise. Highly recommended!

Jim Milbery
Jim Milbery

ParkerGale, Partner

AVEDON CAPITAL PARTNERS logo

We've consistently enjoyed collaborating with Code & Co. on various deal opportunities. What stands out most to us is their investor mindset - combining deep knowledge of technology/product with a strong commercial understanding to deliver real insights for our investment proposition. Beyond typical SaaS businesses across many sectors, they have equally supported us on deep-tech topics encompassing computer vision, robotics, and machine learning/AI.

Ben v. Schulz
Ben v. Schulz

Avedon, Investment Director

Evoco logo

For years, we've collaborated with Code & Co. on Tech and Product Due Diligence, spanning both buy-side and sell-side engagements. Our partnership extends from assessing new deals to reviewing our portfolio companies' technical capabilities. We highly value our enduring collaboration with Code & Co. and wholeheartedly endorse them.

Lorenzo Gregory Sormani
Lorenzo Gregory Sormani

Evoco, Partner

FLEX CAPITAL logo

We've built a trusted partnership with Code & Co. and highly value their actionable, forward-looking advice, which remains relevant throughout our holding period. As hands-on entrepreneurs, we are dedicated to fully supporting our portfolio companies. In this regard, Code & Co.'s comprehensive Tech & Product DD process has consistently proven invaluable, extending well beyond their detailed and insightful report. From efficient workshops and debriefing calls to constructive discussions with relevant stakeholders, Code & Co.'s holistic approach ensures that both we and our portfolio companies are well-prepared to tackle current challenges and seize future opportunities.

Peter Waleczek
Peter Waleczek

FLEX Capital, Founder & Managing Partner

Tenzing logo

The team at Code & Co. is pragmatic and can focus on the areas which move the dial for the investor. They work like an extension of our deal team and share the same work ethic and culture.

Milan Kellner
Milan Kellner

Tenzing, Head of Europe Investments

INVESTCORP TECHNOLOGY PARTNERS logo

Code & Co. has been a trusted relationship partner of Investcorp for many years. What we value most is their unique mix of deep technical expertise (from the infrastructure to the application layer), hands-on operational background as well as strong experience in UX / UI. Most importantly, as a nimble and partner-led firm they constantly strive to put our needs first and have over delivered on every single project we have worked on with them.

Georg Knoflach
Georg Knoflach

Managing Director, Investcorp Technology Partners

LucaNet logo

The results of Code & Co.’s due diligence helped LucaNet make the right decision to acquire a sizable add-on company. The team understands the requirements of a high growth SaaS business like ours and thus adapted its approach to our specific use case. Code & Co. goes beyond typical risk identification and mitigation due diligence - we were positively surprised by the good commercial understanding when it comes to value creation. The Code & Co. team is responsive, always available, and understands the time sensitivity of M&A transactions. Code & Co. has become a valued and trusted sparring partner for our tech team and the M&A department alike.

Gabriel Rieck
Gabriel Rieck

LucaNet, Head of M&A

BREGAL MILESTONE logo

Code & Co. is a no-nonsense and pragmatic team that can perform a swift technical due diligence without compromising depth or quality. The team brings deep technical expertise with a keen eye on how their findings will impact the business commercially. This comprehensive approach makes Code & Co. an ideal partner for Bregal Milestone, playing a key role in auditing our portfolio companies—both for buy-side engagements and exit readiness assessments.

Ian Kwok
Ian Kwok

Bregal Milestone, Managing Director

GSG GENII logo

My colleagues and I regularly work with Code & Co. ahead of our various add-on investments across sectors, markets, and regions. We value the team’s expertise and its ability to adapt its processes to align with our overarching platform strategy. We appreciate working with the same experts repeatedly. Deal after deal, Code & Co.’s diligence skills have become more refined, with its speed to insights consistently accelerating.

Dirk Bingler
Dirk Bingler

GSG GENII, CTO & Managing Director

GENUI PARTNERS logo

What I value most about collaborating with Code & Co. before investments is their ability to provide a Tech & Product DD report that balances in-depth risk analysis with constructive, forward-looking opportunity identification. The team doesn't hesitate to recommend aborts when necessary from both a technology and product standpoint. Highly recommended.

Boris Klenk
Boris Klenk

GENUI, Investor

NORD HOLDING logo

We have consistently relied on Code & Co.'s expertise for both platform and add-on investments. We appreciate their method of evaluating a company's Technology and Product and ultimately translating their findings into commercial considerations. Moreover, Code & Co. operates at the speed of the deal. Due to their engagement style and strong team bench, they have never been a bottleneck to swift deal execution.

Christian Moritz Kukwa
Christian Moritz Kukwa

Nord Holding, Principal

ARMIRA BETEILIGUNGEN logo

Code & Co. has proven to be an invaluable Tech & Product DD partner for Armira. The team is versatile, seamlessly working across industries—be it tech-first companies, tech-enabled businesses, and even more traditional organizations such as industrial leaders. Its ability to quickly deliver actionable insights, while respecting deal-sensitive elements like limited access and confidentiality, sets Code & Co. apart. We especially appreciate the seasoned team, which has consistently delivered high-quality work.

Jens Westernhagen
Jens Westernhagen

Armira, Partner

ACTERA GROUP logo

We worked with Code & Co to conduct a Technology & Product Due Diligence of a target company. Their framework going into the discussions helped frame many of the topics around the strengths and weaknesses of the product, technology architecture, tech stack, engineering, and software development lifecycle. In addition, their collaborative and flexible working model with both the target company and us enabled a smooth process that resulted with a thorough understanding of the target.

Batu Öncül
Batu Öncül

Actera Group, Investor

CAPVIS AG logo

We have worked with Code & Co. on several occasions and the company has been one of our go-to advisors on technology-related topics. Code & Co. differentiates itself with its deep know-how of the tech stack. Plus, you get continuous senior-level attention throughout the deal.

André Perwas
André Perwas

Capvis, Partner

Armira Growth logo

Since day one of Armira Growth, Code & Co. has been our go-to provider for Technology & Product Due Diligence. The team consistently delivers when it matters, demonstrating a profound understanding of what we expect. Code & Co. has proven to be a steadfast partner, not just for deals, but also beyond. For instance, post-deal, the team remains readily available to provide read-outs, advice, and Q&A sessions for portfolio companies.

Florian Tappeiner
Florian Tappeiner

Armira, Managing Partner

VPV PARTNERS logo

Code & Co. has provided precise and constructive Due Diligence assessments of a company's technical stature and product-strategic plans for us. We appreciate the team's capacity to meet strict timelines, always delivering value swiftly. We frequently recommend Code & Co. to many peers in our industry.

Sascha Herzog
Sascha Herzog

VPV Partners, Investor

INVESTCORP logo

For many years, we have worked with the Code & Co. team on global Product & Tech Due Diligence platforms and add-on investments, spanning the EU, UK, Nordics, and MENA, across various industries and company sizes. Regardless of the deal setup, the team consistently delivers exceptional work on time, demonstrating a keen understanding of our investment theses and objectives.

Alex Koeppen
Alex Koeppen

INVESTCORP, Principal

Your Business Lab logo

I have worked with Code & Co. on numerous technical due diligences. Their clearly articulated opinion, based on their deep technical and organizational understanding of the software industry, has helped PE companies identify the most relevant product value creation activities and take well-informed decisions. It is always a pleasure to work with Code & Co. But most importantly, it is also very insightful and inspiring.

Martin Wuelfert
Martin Wuelfert

Founder, YBL

EMH Partners logo

Code & Co. makes Tech & Product DDs hassle-free. The team is always available when it counts. We highly value their professionalism and their ability to deliver relevant insights to every stakeholder involved – from our deal team and IAC to lenders and insurers. And post-deal, their expertise proves invaluable for the portfolio company.

Jens Zuber
Jens Zuber

EMH Partners, Principal

High-Tech Gruenderfonds logo

We’ve worked with Code & Co. for several years, and the company's support has been essential across a diverse set of industries and technologies—from e-commerce to deep tech and AI. Its venture-friendly approach has even led to co-investments by Code & Co. so that the company can continue to support our portfolio companies with its expertise. What stands out is Code & Co.’s clear, actionable, and forward-looking reports that not only analyze a target but also guide its future growth. We highly recommend Code & Co. for comprehensive and understandable Tech & Product DD.

Martin Möllmann
Martin Möllmann

HTGF, Senior Investment Manager

SPEEDINVEST logo

Code & Co. is a trusted Technology DD partner for Speedinvest. Their teams are pragmatic and offer detailed advice. They manage our investment prospects' time efficiently, fully aware of the challenges inherent to high-scale startup life. This is crucial for us. Given that Code & Co.'s experts have successfully completed hundreds of DDs, from the early stages to IPOs, their expertise is often indispensable for teams. This means teams reap the benefits of the DD well after the audit has been completed, even when raising subsequent rounds or nearing an exit.

Dr. Tom F. Lesche
Dr. Tom F. Lesche

Speedinvest, Partner

TURKVEN logo

Code & Co. is our go-to Tech & Product DD advisor due to its pragmatic approach and capability to deliver value swiftly. Its analysis, while deeply technical, remains accessible, and thoughtfully integrates relevant commercial considerations. This makes Code & Co.'s work highly relevant not only for our investment decisions but also as a catalyst for accelerating value creation post-investment.

Baris M. Seven
Baris M. Seven

TURKVEN, Director

KNPZ logo

We have worked with Code & Co. on numerous M&A opportunities. When it comes to legal IP due diligence, the alignment of technical and legal due diligence is essential. With Code & Co. handling the technology side, we've been able to effectively discuss complex issues such as IP rights and open source risks. Their nuanced technical insight complements our legal analysis by providing deep insight, but in a way that is easy to understand, ensuring a more comprehensive assessment. We highly recommend Code & Co. for thorough tech DD.

Jan Schäfer
Jan Schäfer

KNPZ Rechtsanwälte

VERSO logo

Speaking from my experience, from both sides of the "table", I can say that working with the team at Code & Co. is always highly professional. Their deep technical know-how, speed, and reliability are particularly outstanding.

Andreas Maslo
Andreas Maslo

VERSO, CEO & Co-Founder

SCOTTISH EQUITY PARTNERS logo

Code & Co. has consistently delivered highly detailed and comprehensive analysis across technology, product, and engineering. Its specialisation in deep-tech offerings has helped us to complete a number of investments in the European software market. The rapid turnaround time is immensely helpful for timely investment decisions and the Code & Co. team is extremely professional and engaging when interacting with management teams.

Taylor Rampton
Taylor Rampton

SEP, Principal

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