Due Dilligence on VanMoof

Rabo Corporate Investments was looking to provide a growth loan to VanMoof to support their international expansions plans. They asked SparkOptimus to perform a due diligence to better understand the market developments & trends, the competition & value chain dynamics, the growth projections & associated risks, and the competitive edge of VanMoof.

SparkOptimus assessed VanMoof through 3 lenses: proposition & market, organization, and technology. We analyzed the key market trends and VanMoof’s position in each of them, evaluated VanMoof on 5 drivers of competitive advantage and on the threats in the value chain. Based on that, we challenged the top-line growth projections and their sustainability given the VanMoof’s organization and technology capabilities. The result was discussed with both the Rabo Corporate Investments as well as with the management team of VanMoof.