https://boardroomdirect.org/accessibilities-with-virtual-data-rooms/
A data room is an online platform that is safe and allows users to upload, review and view confidential documents. These platforms are often used in M&A transactions but can also be used to raise funds and for due diligence. These tools are free file sharing websites, however they usually do not have the security features necessary to secure the sharing of confidential information. Some of these tools have an unintuitive user interface that can be a pain for potential investors.
The content of your investor data room will be contingent on the stage at which your company is at. It should contain your Confidential information Memorandum (CIM) along with a thorough timetable for your company’s growth and an inventory of all current investors. A competitor analysis section can also be useful to show your knowledge of the market and your direct competitors. A section on the team, that includes the exact names, salaries, and descriptions of every team member, is also crucial.
In addition to the above, you may be able to include a section for customer references and referrals section, as well as a single-pager that outlines your marketing and branding goals. It’s an excellent idea to include the pitch deck you have created for your company as well as an overview of any press coverage that your startup has received. You should also create an area for any other questions that investors might have. Being able to answer these questions in a timely manner will help speed up the decision-making process.