Investors want to view all the information they need to assess the company’s performance. It’s essential to keep your investor data space as well-organized as you can.
A well-organized and clear virtual data room helps investors to locate what they’re looking to find and ultimately makes the fundraising process more efficient. It also helps in reducing any confusion that may occur because of inconsistencies or differences. Finally, by having all the information in one location, you can keep the track of who and when was able to access it, which gives you greater control over security.
There are some who think that having an investor data space can actually slow down the fundraising process because it’s just another thing that takes the founder’s time. If you choose a virtual dataroom solution that is able to handle all this sensitive information, and are aware of the contents of the room, it could help your startup speed up due diligence of investors.
Investors require a variety of different information to determine whether or not to invest in your startup. Financials, market research and product documentation are a few of the most frequently used documents. The investor data room should contain all of these, and any other documents that are published here relevant to your startup’s situation. The best investor data space features secure files linking, expiring links, as well as specific permissions to ensure that only the correct information reaches your potential investors.