https://vdrtechnology.info/is-it-safe-to-upload-sensitive-information-into-investor-data-room
A data room for investors is a digital space or physical location that houses all the information, data and documents that are relevant to due diligence when a startup seeks investment. It can also be used to showcase the company’s expertise to create an image of trust with potential investors. A data room should be secured and protected from privacy because any leakage could endanger the reputation of the business. It should utilize advanced software to ensure that only authorized users are able to access sensitive documents. It is also advisable to select a data room which provides real-time data on how individual documents were viewed.
What should you include in your Investor Data Room
There will be discussions with investors or VC firms that request more information than what’s on your deck. They could also request access to your investor data room for due diligence.
Investors will also want to see any additional research you conduct, including market research reports or public information. Investors will also review your financials including past performance and projected performance.
You’ll want to include a section that shows how much you’ve grown, and the reasons for it. You should include the complete list of your management team, as well as their salaries and job descriptions. You’ll also want to include an entire legal section, which includes the amended and revised articles.