What is the primary problem ReCheck is solving?

ReCheck addresses the explosion of global data creation and the subsequent need for secure exchange and integrity. According to Slide 1, data creation is expected to grow nearly 65x between 2018 and 2035. ReCheck provides a blockchain-based interface to ensure this data can be hashed, anchored, and exchanged securely without requiring deep blockchain expertise from the end user.

How does ReCheck generate revenue?

The company employs a multi-tiered revenue model detailed on Slide 6. For SaaS, they charge 0.98 Euro per document or 29 Euro per month. Hosted solutions carry a 9,400 Euro annual license fee plus 0.07 Euro per transaction. Their 'Pluggable Component' model is unique, charging 120 Euro per hour for integration services plus a 5% equity stake in the partner project.

What evidence of market traction does the deck provide?

Slide 5 highlights that ReCheck is a 'co-creation partner' in pilots for the Dutch Commercial Register and EY. Additionally, Slide 4 mentions a partnership with Levski to protect the authenticity of sports merchandise. These enterprise-level pilots suggest the technology has been vetted by sophisticated legal and financial institutions.

What is the specific funding ask and valuation?

ReCheck is seeking 590,000 Euro in exchange for 11% equity, as stated on Slide 6. This puts the pre-money valuation at roughly 4.77 million Euro and the post-money valuation at approximately 5.36 million Euro. This level of specificity is rare in teaser decks and indicates a firm stance on company worth.

What are the most significant omissions in this pitch deck?

The most glaring omission is the lack of a Team slide. While the CEO, Emiliyan Enev, is listed on the final slide, there is no information regarding the technical or commercial background of the founding team. The deck also lacks a competitor analysis, a detailed roadmap, and a breakdown of how the 590,000 Euro investment will be allocated.

ReCheck Pitch Deck (2019): 7-Slide Seed Deck

See all 7 slides of the ReCheck pitch deck — a 2019 Seed (Teaser) deck — with a slide-by-slide teardown of what the deck does well and where it falls short.

ReCheck’s teaser deck is a masterclass in brevity, though it leaves significant gaps in team and competitive landscape. The company positions itself as a bridge to blockchain technology, offering three distinct product tiers: SaaS, Hosted/Enterprise, and Pluggable Components. With a clear focus on data integrity and secure exchange, the deck cites a massive projected increase in global data creation—reaching 2,142 zettabytes by 2035—as its primary tailwind. Traction is demonstrated through a partnership with the Dutch Commercial Register and EY, alongside recognition from EUIPO and Computerwo…

Key takeaways

The deck identifies a massive market expansion, citing Statista data that global data creation will grow from 33 zettabytes in 2018 to 2,142 zettabytes by 2035 (Slide 1).
ReCheck defines its core value proposition as providing an interface to blockchain for secure sensitive data exchange and digital product documentation (Slide 2).
The product strategy is split into three distinct delivery methods: SaaS, Hosted & Enterprise, and Pluggable Components for easy integration (Slide 3).
The company has achieved notable recognition, including a 3rd place finish in the EUIPO and EC Blockathon 2018 and being named Most Innovative IT Project 2018 by Computerworld (Slide 4).
Early traction is validated through co-creation pilots with high-profile entities like EY and the Dutch Commercial Register (Slide 5).
The business model is highly granular, listing a SaaS price of 0.98 Euro per timestamped document or a 29 Euro monthly subscription (Slide 6).
The investment ask is explicitly stated as 590,000 Euro in exchange for 11% equity (Slide 6).
The deck completely omits a team slide, leaving the background and expertise of the founders to be inferred from the final contact slide (Slide 7).

Slide 1: Challenges and Market Context

The deck opens with a macro-trend slide titled "Challenges." Rather than focusing on a specific pain point like data breaches or high costs, ReCheck focuses on the sheer volume of data. Citing the Statista Digital Economy Compass 2019, the slide presents a bar chart showing global data creation. The figures start at 2 zettabytes in 2010, rising to 33 zettabytes in 2018. The projection then accelerates sharply: 47 zettabytes in 2020, 612 zettabytes in 2030, and a staggering 2,142 zettabytes by 2035. The slide includes a helpful callout box defining 1 zettabyte as equal to 1 billion terabytes. This sets the stage for a solution that must handle massive scale and ensure integrity across an 'exploding' data landscape.

Slide 2: Company Overview

Slide 2, titled "Company," provides a high-level summary of what ReCheck actually does. The headline is clear: "ReCheck provides interface to blockchain." It breaks its offering into three pillars: a solution for secure exchange of sensitive data, a platform to manage digital product documentation, and an API to hash (anchor) data on the blockchain. The use of icons (a lock, a magic wand, and an anchor) suggests a focus on security, ease of use, and technical stability. This slide successfully moves the conversation from the abstract 'data explosion' of the first slide to a specific technical utility.

Slide 3: Product Strategy

The "Products" slide categorizes the company's offerings into three distinct delivery models. First is the SaaS model, described as a way to "register documents on blockchain and share them securely." Second is the "Hosted & Enterprise Solutions," which focuses on "optimized paperless data flows" and "digital product documentation and identity." Third is the "Pluggable Component," designed for "easy integration of blockchain layer and features in existing or new systems." This indicates that ReCheck is not just a standalone app but a versatile infrastructure provider that can be embedded into other enterprise ecosystems.

Slide 4: Achievements & Recognition

This slide serves as the primary source of social proof for the company. It lists four major milestones: being ranked 3rd in Europe in the selection process for the EUIPO and EC Blockathon 2018; a partnership with Levski to protect sports merchandise authenticity; reaching the final stage pitch competition at TNW 2018; and being named the "Most Innovative IT Project 2018" by Computerworld and ICT Media. The inclusion of the EUIPO and Computerworld logos adds significant credibility, suggesting that the technology has been scrutinized by both government bodies and industry journalists.

Slide 5: Business Traction & Go-To-Market

Slide 5 provides more concrete details on how the product is being used in the real world. Under the "Hosted Solution" header, it identifies ReCheck as a "co-creation partner in pilots for Dutch Commercial Register and EY." This is a critical piece of information for investors, as EY and national registries have extremely high standards for data security and legal compliance. The slide also reiterates the "Pluggable Component" as a technology enabler for innovation networks and the SaaS model as a public service for timestamping. This slide bridges the gap between 'recognition' and 'actual usage.'

Slide 6: Business Model & Investment

This is the most data-dense slide in the deck. It explicitly states the investment ask: "Raising € 590k investment for 11% equity." Below this, it provides a transparent breakdown of pricing. SaaS is priced at €0.98 per document or €29 per month. The Hosted Solution involves an annual license fee of €9,400 plus €0.07 per transaction. The Pluggable Component model is particularly interesting, as it includes a €120/hour integration fee plus a 5% equity stake. This 'equity for integration' model suggests ReCheck aims to grow alongside the startups and projects that use its infrastructure.

Slide 7: Contact Information

The final slide is a standard "Thank You" page. It lists the CEO, Emiliyan Enev, and provides a direct email address (enev@recheck.io). While it serves its purpose as a call to action, it highlights the deck's biggest weakness: the lack of a dedicated team slide. Investors are left to research the CEO's background and the rest of the team independently.

What ReCheck Does Well

ReCheck excels at clarity of offering. In just seven slides, the reader understands exactly what the product is (a blockchain interface), how it is sold (SaaS, Hosted, or API), and what it costs. The inclusion of specific pilot partners like EY and the Dutch Commercial Register provides immediate enterprise-grade validation. Furthermore, the transparency regarding the investment ask and valuation is refreshing; it saves time for both the founder and the investor by setting clear expectations from the outset. The use of a macro-trend chart on Slide 1 also does a good job of framing the 'why now' without relying on overused blockchain hype.

What Is Missing from the Deck

The most significant omission is a Team slide. In early-stage fundraising, the 'who' is often as important as the 'what.' There is no mention of the technical architects, the sales leadership, or the previous successes of the founders. Additionally, the deck lacks a competitive landscape analysis. The blockchain infrastructure space was crowded in 2019, and failing to mention how ReCheck differs from competitors like Tierion or Factom is a missed opportunity. Finally, there is no 'Use of Funds' breakdown. While the ask is €590k, the deck does not explain if that money is for hiring developers, expanding sales to new regions, or further R&D.

What Other Founders Should Copy

Founders should emulate ReCheck's approach to the Business Model slide. Many decks are vague about pricing, using terms like 'contact for quote.' ReCheck’s willingness to list specific Euro amounts for transactions and monthly subscriptions demonstrates a high level of market readiness. The 'Pluggable Component' model, which includes an equity component, is also a clever way for an infrastructure company to capture upside in the ecosystems they help build. Finally, the use of third-party awards and pilot names (Slide 4 and 5) is a highly effective way to build trust quickly in a technical field where 'vaporware' is a common concern.

Frequently asked questions

What is the primary problem ReCheck is solving?: ReCheck addresses the explosion of global data creation and the subsequent need for secure exchange and integrity. According to Slide 1, data creation is expected to grow nearly 65x between 2018 and 2035. ReCheck provides a blockchain-based interface to ensure this data can be hashed, anchored, and exchanged securely without requiring deep blockchain expertise from the end user.
How does ReCheck generate revenue?: The company employs a multi-tiered revenue model detailed on Slide 6. For SaaS, they charge 0.98 Euro per document or 29 Euro per month. Hosted solutions carry a 9,400 Euro annual license fee plus 0.07 Euro per transaction. Their 'Pluggable Component' model is unique, charging 120 Euro per hour for integration services plus a 5% equity stake in the partner project.
What evidence of market traction does the deck provide?: Slide 5 highlights that ReCheck is a 'co-creation partner' in pilots for the Dutch Commercial Register and EY. Additionally, Slide 4 mentions a partnership with Levski to protect the authenticity of sports merchandise. These enterprise-level pilots suggest the technology has been vetted by sophisticated legal and financial institutions.
What is the specific funding ask and valuation?: ReCheck is seeking 590,000 Euro in exchange for 11% equity, as stated on Slide 6. This puts the pre-money valuation at roughly 4.77 million Euro and the post-money valuation at approximately 5.36 million Euro. This level of specificity is rare in teaser decks and indicates a firm stance on company worth.
What are the most significant omissions in this pitch deck?: The most glaring omission is the lack of a Team slide. While the CEO, Emiliyan Enev, is listed on the final slide, there is no information regarding the technical or commercial background of the founding team. The deck also lacks a competitor analysis, a detailed roadmap, and a breakdown of how the 590,000 Euro investment will be allocated.

Cover slide of the ReCheck pitch deck — Seed (Teaser) 2019 — ReCheck pitch deck, slide 1 (2019)

ReCheck pitch deck: the facts

Company: ReCheck
Year: 2019
Stage: Seed (Teaser)
Slides: 7
Sector: Blockchain Infrastructure / Data Security
Deck type: Teaser
Outcome: Not stated
Headquarters: Bulgaria / Netherlands (based on partners and CEO name)

ReCheck pitch deck PDF

The full ReCheck deck is embedded on this page and can be read slide by slide in the browser — no download or account required. Each slide is covered in the breakdown above.

What the ReCheck pitch deck was used for

This is a 7‑slide teaser seed deck from 2019 for ReCheck, a Dutch blockchain technology startup providing an interface and tools for secure data exchange and document integrity. The deck positions ReCheck’s DLT engine and products (later branded as Vault and SDK) as infrastructure for timestamping, storing, and exchanging sensitive data on blockchain for audit and compliance use‑cases. It highlights early co‑creation and pilot activity with EY Launchpad around real‑time audit and signals a specific funding ask of €590k, consistent with an early‑stage VC round recorded in June 2019. The teaser appears designed to generate investor interest rather than provide full operational detail, ahead of a more complete seed‑round deck.

Business model: Developer of blockchain-based, decentralised solutions for secure data storage, document exchange, and data verification, offered as SaaS tools and infrastructure (Vault, SDK, etc.) to businesses and institutions.

Round: Early‑stage VC / Seed.
Year: 2019
Founded: 2016
Headquarters: Heerlen, Netherlands (Brightlands Smart Services Campus, Smedestraat 2, 6411 CR Heerlen).
Industry: Blockchain technology / data security and privacy infrastructure.

Raising: The teaser seed deck in July 2019 highlighted a €590k investment ask, aligned with an early‑stage VC round recorded on 20 June 2019 at the "Generating Revenue" stage, but public sources do not specify the exact amount raised or investor identities.

What happened after the ReCheck deck

Following its 2019 teaser seed deck and an early‑stage VC round, ReCheck has continued to operate as a blockchain technology company focused on secure data storage and sharing, expanding its product suite (Vault, SDK, document services) and forming partnerships in sectors such as building materials management and privacy‑centric blockchain infrastructure, while public sources do not disclose detai

Completion of an early‑stage VC round recorded on 20 June 2019 at the "Generating Revenue" stage, consistent with the ti
Development and public presentation of ReCheck Documents for secure sharing, signing, and storage of documents with bloc
Strategic and operational partnership with Blockmaterials to apply ReCheck’s blockchain technology to building‑materials
Announcement of a Digital Building Logbook solution leveraging blockchain for enhanced data security, real‑time data col
Strategic partnership with the Concordium blockchain to integrate ReCheck’s secure data storage and sharing solutions wi

What the ReCheck deck got right

Clear positioning as secure data‑exchange infrastructure. The teaser deck clearly positions ReCheck as a blockchain interface and DLT engine for timestamping and secure exchange of sensitive data, a focused and understandable value proposition despite the technical complexity.
Credible pilot context with EY Launchpad. Reference to EY Launchpad and real‑time audit co‑creation provides early validation and a credible enterprise context for the technology, helping investors connect the product to a concrete, high‑value use‑case.
Consistent follow‑through on infrastructure product narrative. Subsequent product evolution into offerings such as ReCheck Vault, ReCheck Documents, and the SDK supports the deck’s framing of a reusable engine and interface layer, demonstrating that the company followed through on its infrastructure‑centric narrative.
Strong ecosystem and regulatory alignment. Being based at the Brightlands Smart Services Campus and operating as a Dutch startup focused on data security, privacy, and transparency gives the company a credible ecosystem setting and alignment with European privacy‑by‑design and user‑centric principles highlighted later.
Evidence of early revenue at time of seed round. The early‑stage VC round logged at "Generating Revenue" stage by mid‑2019 suggests that by the time of the teaser deck ReCheck was not purely pre‑revenue, which supports the investment case even if granular figures are not provided in the teaser.

What could have been stronger

Limited visibility on business model and commercial traction. The teaser format and absence of detailed slide content leave out critical information on business model specifics (pricing, target verticals, go‑to‑market), unit economics, and customer metrics, making it hard for investors to assess scalability and revenue potential beyond the generic description of secure data exchange infrastructure.
Underdeveloped team narrative in the teaser. Neither the deck excerpt nor accessible surrounding materials specify the composition of the founding team, their backgrounds, or prior track record, which weakens the case for executing on multi‑industry data‑security and audit use‑cases despite the promising technical positioning.
Pilot and co‑creation traction not quantified. The teaser appears to reference an EY Launchpad pilot but does not present quantified outcomes (such as audit cost reduction, performance metrics, or user adoption), which would be important to validate the product’s impact and justify the €590k ask to investors.
Limited explicit competitive positioning in the teaser. The deck centers on secure data exchange and a blockchain interface but does not clearly differentiate ReCheck from other blockchain‑based data‑integrity solutions or privacy‑preserving audit tools, leaving investors to infer competitive advantage from later materials like Vault, SDK, and partnerships rather than explicit comparative positioning.

How an investor would read this deck

What draws attention

Evidence that the early‑stage VC round recorded for 20 June 2019 at "Generating Revenue" stage corresponds to the €590k teaser ask, including confirmation of the amount closed and terms.
Verification of the EY Launchpad co‑creation and any subsequent paid deployments or pilots that demonstrate ReCheck’s DLT engine’s role in real‑time audit or secure data exchange.
Assessment of ReCheck’s product roadmap from 2019 onward, including the evolution into Vault, SDK, and sector‑specific solutions such as the digital building logbook and Blockmaterials partnership, to understand how well the company executed on the strategy implied by the teaser.
Evaluation of ReCheck’s positioning at the intersection of blockchain and AI (mentioned in later Concordium partnership) versus pure blockchain competitors, including regulatory and privacy compliance advantages.

Risks that stand out

The absence of publicly disclosed details on the 2019 funding round’s investors, amount, and valuation complicates assessment of the company’s capitalization and external validation at the time the teaser deck was used.
Blockchain‑based secure data exchange is a competitive domain, and without strong, quantified evidence of early product‑market fit (beyond partnerships and pilots), the company may face challenges in scaling revenue despite solid technical foundations.
Reliance on enterprise and institutional customers for data‑security and audit use‑cases exposes ReCheck to long sales cycles and regulatory shifts, particularly in privacy law and blockchain standards, which could slow adoption relative to expectations implied by early‑stage enthusiasm.
The teaser’s limited detail on governance, compliance certifications, and security audits raises questions about how quickly the company could meet enterprise procurement and risk‑management requirements in 2019, even though later partnerships point to progress.

Questions this deck invites

Can management provide full details of the 2019 early‑stage VC round (investor names, amount raised, pre‑money valuation, and use of proceeds) referenced around the teaser’s €590k ask, and confirm whether any bridge or follow‑on rounds occu
What measurable results came from the EY Launchpad collaboration (e.g., number of audits supported, performance improvements, revenue from EY or EY clients), and how did this pilot influence ReCheck’s product focus on secure data exchange a
What are current customer segments, pricing models, and key metrics (ARR, number of enterprise deployments, data volumes) for ReCheck Vault, SDK, and sector solutions like the digital building logbook, and how do these compare to expectatio
Who are the founders and key executives, what are their backgrounds in cryptography, data security, and enterprise software, and how has the team evolved since 2019 to support scaling and compliance in highly regulated data environments?
How does ReCheck’s technology stack (including encryption, anonymisation, and blockchain protocols used) differentiate it from alternative secure data‑exchange and document‑integrity solutions, and what evidence exists of security audits or

What founders can take from the ReCheck deck

A concise teaser deck can effectively position a complex blockchain data‑security product as an interface and engine for secure data exchange, but investors will still require a follow‑up deck with detailed business metrics and team information to commit to a seed round.
Anchoring the narrative in a recognizable co‑creation partner such as EY Launchpad helps make an abstract DLT engine tangible for audit and compliance use‑cases, though the impact must later be quantified to strengthen the fundraising case.
Framing the product as blockchain‑agnostic infrastructure (later reflected in the SDK and multi‑network partnerships) can future‑proof the story against specific protocol risk and appeal to investors focused on interoperability.
Positioning secure data exchange as a foundation for multiple vertical solutions (documents, buildings, materials, sustainability) shows how an infrastructure‑layer startup can expand into domain‑specific offerings, a useful pattern for similar pitches.
Highlighting that the company is already "generating revenue" by the time of an early‑stage VC round, even without granular figures, can help support a seed‑stage investment narrative if backed by credible customer and partnership evidence.
Later partnerships (e.g., Concordium, Blockmaterials, digital building logbook) illustrate how initial seed‑round storytelling around secure, traceable data can evolve into concrete sector applications, underlining the importance of leaving room for such evolution in a teaser deck.

ReCheck pitch deck: common questions

What is ReCheck and where is it based?

ReCheck is a blockchain technology company founded in 2016 and based on the Brightlands Smart Services Campus in Heerlen, Netherlands, developing decentralised solutions for secure data storage, document exchange, and data verification to enhance data security, privacy, transparency and trusted digital interactions.

What does ReCheck’s 2019 teaser deck say the company does?

The teaser deck from July 2019 presents ReCheck’s blockchain interface and DLT engine for timestamping and secure exchange of sensitive data, aimed at use‑cases like real‑time audit, document integrity, and secure data sharing for businesses and institutions.

How much was ReCheck raising in the teaser deck and did the seed round close?

Public data indicates an early‑stage VC round completed on 20 June 2019, at the "Generating Revenue" stage, which aligns with the deck’s €590k investment ask; however, specific investors, exact amount closed, and valuation are not disclosed in accessible sources.

What traction or partnerships does ReCheck highlight around the time of the deck and afterwards?

The deck references co‑creation with EY Launchpad for real‑time audit solutions, and ReCheck has subsequently announced strategic and operational partnerships such as its digital building logbook work and a joint blockchain tech initiative with Blockmaterials, as well as a partnership with the Concordium blockchain, illustrating adoption of its secure data storage and sharing solutions.

What products or solutions does ReCheck offer that relate to the pitch deck’s claims?

ReCheck’s later‑described products include ReCheck Vault for secure data exchange, document services such as ReCheck Documents, and the ReCheck SDK that lets other platforms integrate blockchain functionality; these are consistent with the deck’s framing of ReCheck as an interface layer and engine for secure, privacy‑preserving data exchange and verification.

Sources

Funding and outcome facts on this page were researched on 2026-08-22 from the pages below.

ReCheck pitch deck slides

ReCheck pitch deck slide 1 of 7 — ReCheck pitch deck — slide 1 of 7

ReCheck pitch deck slide 2 of 7 — ReCheck pitch deck — slide 2 of 7

ReCheck pitch deck slide 3 of 7 — ReCheck pitch deck — slide 3 of 7

ReCheck pitch deck slide 4 of 7 — ReCheck pitch deck — slide 4 of 7

ReCheck pitch deck slide 5 of 7 — ReCheck pitch deck — slide 5 of 7

ReCheck pitch deck slide 6 of 7 — ReCheck pitch deck — slide 6 of 7

What each slide of the ReCheck pitch deck says

Slide 1

2,142 rl Nr phono = LN . oe § 1 zettabyte is equ id -W i 8 1billion terabytes Re) Check 2 4 Aw 3 Vt 612 33 47 2 2 i] een | 2010 2015 2018 2020 2025 pAED] 2035 @statistacharts Source: Statista Digital Economy Compass 2019

Slide 2

COMPANY Re)) Check Solution for Platform to manage API secure exchange digital product to hash (anchor) of sensitive data documentation data on blockchain

Slide 3

PRODUCTS Re) Check Register documents on blockchain and share them securely. Optimized paperless data flows. Digital product documentation and identity. Easy integration of blockchain layer and features in existing or new systems.

Slide 4

RECHECK ACHIEVEMENTS & RECOGNITION 3-rd in Europe in selection process First partnership to protect authenticity of sport merchandise TNW Final stage pitch competition (Computerworld and ICT Media)

Slide 5

BUSINESS TRACTION & GO-TO MARKET Re))Check PLUGGABLE HOSTED COMPONENT SAAS SOLUTION Technology enabler Public service Co-creation partner of information and for timestamping in pilots for communication network documents Dutch Commercial for innovations on blockchain Register and EY

Slide 6

BUSINESS MODEL & INVESTMENT SAAS 0,98 € for a document timestamped or 29 €/menth subscription fee HOSTED SOLUTION Annual license fee 9 400 € and/or transaction fee per file/product - 0,07 € PLUGGABLE COMPONENT License fee + integration services (120 €/hour] + 5% equity Re))Check

Slide text above is read directly from the ReCheck deck PDF embedded on this page.