https://boardroomdirect.org/accessibilities-with-virtual-data-rooms/
A data room is a secure online platform that allows users to upload, view and review confidential documents. These platforms are utilized in M&A transactions, but can also be utilized to raise funds or for due diligence. These platforms include free file-sharing websites, but they usually do not have the security features required to secure the sharing of confidential information. Some of these tools also have a difficult interfaces that can make them difficult for potential investors.
The contents of an investor data room will vary according to the stage of your company, but should include your Confidential Information Memorandum, a thorough timeline of your company’s growth and a comprehensive list of the current investors. A section on competitor analysis is helpful to show your ability know the market and your immediate competitors. Finally, a team section that contains the exact names, salaries and job descriptions of all team members is also important.
In addition to the previous, you may be able to include a section for customer references and referrals section, as along with a one-page document that describes your marketing strategy and branding. It is also important to include the pitch deck that you developed for your business, as well as the summary of any press coverage received by your startup. You should also create an area for any questions that investors could have. Being able to answer these questions quickly will speed up the process of making decisions.