AEGRYN. CYCLE 1
Build solid, sovereign foundations from day one.
The architectural, legal and organisational decisions made at launch determine the company's future value. Aegryn steps in early to design a transferable, certifiable and durable asset.
The realities of launching
At launch, the pursuit of speed leads to compromises that destroy future value, often without founders realising it.
Fragile intellectual property
No formal assignment of rights by the initial developers or external contractors. The most common flaw in due diligence. Code you believe you own does not belong to you. When raising or selling: deadlock or a massive price adjustment.
Early technical debt
Low-cost outsourcing choices, undocumented monolithic architectures, non-reversible software dependencies. What seems economical at seed stage costs three to five times more to fix two years later, precisely when you need to scale or raise.
Regulatory blind spots
Failure to anticipate GDPR, FADP, the EU AI Act or NIS2 at design time. An asset that is non-compliant from the start forces a partial rewrite the moment an enterprise account or an investor asks for an attestation.
Governance risk
Poorly framed capital allocation and roles between co-founders. No shareholders' agreement or protection mechanisms for minority founders. These flaws block fundraisings and transfers.
Our role as Operating Partner
Aegryn supports founders and intrapreneurs in structuring the organisation to institutional standards from day one.
Strategic advisory & business model
Framing the go-to-market, choosing the revenue model, durable company architecture. Defining the value indicators (ARR, NRR, CAC/LTV) scrutinised at the first raise.
Technology & sovereignty
A sovereign, maintainable stack: documented technology choices, reversible architecture, zero dependence on a single vendor. Compliance built in from the design phase (GDPR, EU AI Act, NIS2).
Sovereign asset engineering
Custom development of digital assets in which the client retains 100% of the IP. Fixed fee, ten-to-sixteen-week delivery, full documentation included.
Risk & governance
Securing the IP title chain from the first developments. Structuring the shareholders' agreement, founder rights and vesting mechanisms.
Key profile recruitment
Identification and placement of the technical and operational inner circle: CTO, Lead Architect, Head of Product. Profiles who know how to build certifiable, not just fast.
The role of CIFSO at this stage
CIFSO Valuation Index
Used upstream as a benchmark to assess the consistency of the business model against real European market multiples. A first objective signal to calibrate fundraising ambitions.
CIFSO 5000 Certification
Generally premature at pure seed stage. Exception: a significant early-stage round where an investment committee requires independent proof of IP and code control. In that case, Aegryn triggers a targeted certification on the Code and IP dimensions.
Who it is for
Founders & early-stage scale-ups
The ambition to build a clean asset, free of external technical dependency, certifiable and transferable within three to five years.
Intrapreneurship projects & spin-offs
Large groups creating a new entity that must be isolated, documented and valued autonomously from day one.
Build solid, sovereign foundations from day one.