Shadow Leaders Due Diligence
Run due diligence on Shadow Leaders: check compliance and get alerts when suppliers or ownership change.
Netherlands · owned by Independent (Netherlands) · www.shadowleaders.com · 5 vendors
Shadow Leaders is a network of 40+ experienced advisors, former CEOs, investors, and entrepreneurs who provide strategic advisory and non-executive director services to post-product-market-fit founders and scale-ups. The company offers hands-on, practical guidance to help ambitious founders overcome growth challenges, make faster decisions, and achieve international business expansion. Founded by Stefan van Eerde, it operates on an invitation-only basis and serves clients across multiple countries.
Resilience scores
- Digital Sovereignty: 20
- Digital Resilience: 5
- Financial Resilience: 4
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Insights
Last updated 2026-09-08 · revision 3
5 direct vendors, 90 subvendors
Direct vendors by controlling owner country (sample)
- United States: 3
- Israel: 1
- Netherlands: 1
Subvendors by controlling owner country (sample)
- Finland: 1
- Australia: 1
- Poland: 1
Compliance
6 in-scope frameworks identified; showing 3.
ISO 27001 (source) — No public evidence
Evidence: https://www.iso.org/iso-27001-information-security.html, https://www.shadowleaders.com/privacy-policy/
EU VAT Regulations — No public evidence
Evidence: https://www.belastingdienst.nl/wps/wcm/connect/bldcontentnl/belastingdienst/zakelijk/btw/, https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A32006L0112, https://www.shadowleaders.com/privacy-policy/
ePrivacy Directive — No public evidence
Evidence: https://autoriteitpersoonsgegevens.nl/en/themes/internet-phone-tv-and-post/cookies, https://www.shadowleaders.com/privacy-policy/, https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A32002L0058
Financials
Three-year financials
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Financial Resilience Score: 4/10
Shadow Leaders is a very small, founder-led boutique advisory network operating under a US LLC (New Technology House LLC) with a Dutch-facing commercial front. The business model is asset-light and variable-cost, with experts engaged as independent contractors, which allows labour costs to scale with revenue. A small recurring membership component (€500 one-time joining fee and €300/year annual dues from ~45 experts) provides a modest predictable revenue floor estimated in the low tens of thousands of euros annually. The bulk of revenue comes from advisory engagements, non-executive director appointments, and workshops, but none of these figures are disclosed. The firm operates with extreme opacity: no public financial statements, no audited accounts, no visible funding rounds, and no third-party revenue estimates. As a New Mexico LLC, it is not required to publicly file financial statements, and no Dutch KvK filings exist under the Shadow Leaders name. Combined with heavy key-person dependency on founder Stefan van Eerde, likely client concentration, and a legal-structure ambiguity (US LLC serving EU clients under New Mexico jurisdiction), the resilience profile cannot be independently verified and is presumed thin given the boutique scale.
Key strengths: Asset-light, variable-cost model with independent contractor experts, Recurring membership revenue floor from ~45 expert members, Diversified expert pool across 15+ countries reduces delivery key-man risk, Multi-service revenue mix: advisory, NED services, workshops, memberships, 12-month non-circumvention clause with 25% liquidated damages protects margin
Risk factors: Key-person risk concentrated on founder Stefan van Eerde, Extreme financial opacity — no public financials or audited accounts, Small scale with likely thin staffing and working-capital buffers, Legal-structure ambiguity: US LLC marketed as Amsterdam/NL-based, Commoditised competitive space (MentorCruise, GLG, Bolster, Malt, etc.), Likely client concentration risk typical of boutique firms, US governing law may deter risk-averse EU corporate buyers, GDPR data-controller clarity complicated by US legal entity
Revenue by geography
- Netherlands/Europe: 60%
- United States: 25%
- Other (APAC, EMEA): 15%
Revenue by product/service
- Shadow Leaders Advisory: 70%
- Non-Executive Director Services: 20%
- Workshops: 5%
- Membership Fees: 5%
Workforce by country
- Netherlands: 10
- United States: 10
- United Kingdom and Ireland: 5
- Israel: 4
- France/DACH/Switzerland: 4
- UAE: 2
- Canada: 2
- Australia/Korea: 2
- India/South Asia: 2
- Portugal/Spain/Italy: 2
- Sweden/Hungary/Russia: 2
- Belgium: 1
Signed-in users can see whether their own company is exposed to this vendor's disruption, plus the full sub-vendor list and country breakdowns, every in-scope compliance framework plus gaps and next steps, and alerts when any of it changes.