If you're planning to close a round of funding You must be able to demonstrate that you have all the pieces of your business in place. This means sharing documents that reflect your company's strengths and efficiency. A digital investor dataroom is among the best tools to use to achieve this. It allows for the secure and efficient exchange of sensitive data as part of the due diligence process.
But what documents should be included in a data room designed for investors? And how can you tell whether you're putting in too much or not enough? Andrea Funsten is a partner at Basecamp Fund.
The answeris "It depends". While every business is different however, there are some points that entrepreneurs should be aware of before building an online data room for investors.
You should generally include the following documents.
1. Pitch Deck A pitch deck is a high-level overview of the company's thesis as well as its product vision. It also includes the competitive landscape, traction, and an analysis of the competitive landscape. It should also include an investor presentation draft and a rough timetable for the capital raising process.
2. Financial Information: Included in this section are both historical and projected financial statements, as well as the sources that are in support of these projections. It is also important to include information about the legal structure of your business including bylaws, articles of incorporation business certificates, tax information.
Some founders choose to include https://dataspacelab.net/flexibility-with-caplinked-data-room/ other documents like executive summaries and internal reviews of the company's performance. However, it's important to keep in mind that additional documents could take up time and may impede the due diligence process.