Investors will want all documentation that a startup has at their disposal during due diligence. This includes legal documents and contracts with customers and suppliers, intellectual property data market research, financial performance. A virtual dataroom is a central location to store, organize and update https://visualdatastorage.org/when-is-the-best-time-for-a-company-to-raise-money all of the information. You can also keep track of who has accessed the information and how long.
It is important to include a printable version of your financial model within the data room, whether you are using Sturppy for creating it or some other tool. This enables investors to validate your claims and assumptions without needing to ask for them again later.
Investors will want to see your business plan, which contains the roadmap and forecasts for the next three years. This will give investors a clear understanding of how you’ll grow and scale up your business.
A summary of your main financials, showing the operating expenses, revenue, and capital expenditures up to date, as and projected future revenues and profits. This gives investors an overview of your financials from the moment you began your business to today.
You might have included a slide about the founding team in your pitch deck, and investors might have had a look at LinkedIn profiles. However, a section that focuses on the backgrounds and experiences of each member could help to influence their decision. This is especially crucial if you intend to raise money from institutional investors.