DEALFLOW

Dealflow is the leading Norwegian equity crowdfunding platform: a digital, self-service hub connecting companies with potential co-owners. Since 2018, Dealflow has facilitated raising over 750 million NOK for growth companies. It hosts tens of thousands of registered investors, including professional investors, major VC funds, and everyday Norwegians.

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DEALFLOW

Dealflow is the leading Norwegian equity crowdfunding platform: a digital, self-service hub connecting companies with potential co-owners. Since 2018, Dealflow has facilitated raising over 750 million NOK for growth companies. It hosts tens of thousands of registered investors, including professional investors, major VC funds, and everyday Norwegians.

Minimised software bug rate 10 times.

Enhanced development velocity via DevOps and Agile adoption, streamlining management.

Reduced new version release time from 40 to 13 minutes, enhancing accuracy.

Cut infrastructure costs by 50%.

Revitalised and refined the codebase for peak performance.

Redefinig codebase clarity and cost efficiency for Dealflow

The partnership with Dealflow began amidst a challenge: a legacy of tangled code left behind by a larger firm, bogging down efficiency with an elevated bug presence. Our objective was clear: turn the tide and transform Dealflow into the robust, efficient platform it was always meant to be. KOIA, though a smaller team, showcased that agility and swift results depend not only on the number of people.

Minimised software bug rate 10 times.

Enhanced development velocity via DevOps and Agile adoption, streamlining management.

Reduced new version release time from 40 to 13 minutes, enhancing accuracy.

Cut infrastructure costs by 50%.

Revitalised and refined the codebase for peak performance.

THE BUSINESS CHALLENGE

Dealflow faced a major challenge with its initial complex and less efficient codebase, which needed upgrading to meet its operational needs and comply with Norway's stringent financial regulations. It had to ensure its platform was secure and user-friendly despite the intricate requirements of Know Your Customer (KYC) and Anti-Money Laundering (AML) verifications, where maintaining high trust and error-free operations was crucial.

Solution

KOIA went beyond mere adjustments to the interface; we completely reimagined and rebuilt it, along with developing a new marketplace module, to realign Dealflow's trajectory. Our approach included thorough audits and comprehensive code clean-up, enhancing processes, improving usability, and bolstering system dependability. Setting the stage for scalable future growth was key.

Process

Tech used in the project

Project organisation

Kanban

Jira

Code review

Front-end languages and frameworks

AngularJS

Angular

UI-Router

Bootstrap

Apollo client (GraphQL)

Webpack

Storybook

Back-end languages and frameworks

Python - Django: DRF

Django admin

Strawberry (GraphQL)

MJML

Celery

Redis

OAuth

TFA

OTP

External APIs: Mailchimp

Mailgun

Signicat

Twilio

Slack

Docker

Cloud technologies

Git

AWS infrastructure: ECS

RDS (Postgres SQL)

S3

Route 53

Redis

CircleCI

SEE mORE

Back

KOIA handled specific tasks in Dealflow's development from its early stages. In Q2 2022, our role with Dealflow grew to cover all technological aspects, a testament to our successful and collaborative approach. Following this transition to a leadership position, we implemented several key initiatives to enhance the platform further:

Refined Dealflow's business processes, aligning them more closely with operational needs and setting the stage for technological advancements.

Overhauled the application's visual design, improving both efficiency and user experience.

Developed a new marketplace module in partnership with Dealflow, using a tailored tech stack and integrating essential APIs for AML and document signing.

Integrated an auto-scaling solution to manage increased demand while optimising infrastructure costs.

Implemented agile methodologies, enabling quicker deployments and more responsive updates in the evolving crowdfunding market.

Key achievements

Enhanced the complex codebase at Dealflow, boosting system efficiency and functionality.

Cut infrastructure expenses by half by making it auto-scaling, while ensuring the platform could handle high user traffic.

Merged various development tools into one efficient solution, speeding up development and release processes.

Implemented rapid deployment strategies to improve update and fix response times.

Reduced time needed to release a new version from about 40 minutes to 13 minutes, and made it less error prone.

Transitioned to advanced, cost-effective technologies, driving innovation without increasing budgets.

Our work with Dealflow went beyond just fixing problems — it opened up new possibilities for growth and innovation. And we're just getting started.

Let’s Explore What we can do together

Contact our representative

Wojciech Kostrzak | Co-CEO

sales@koiasoft.no

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