Investors are often busy when they evaluate your company. The due diligence process can be speeded up and more efficient through having all the relevant information in one location. However, the method you gather and organize the files can have a major impact on the ease with which they can be accessed. Any investor or authorized party wants to waste time sorting through a plethora of files that aren’t needed.
What to include in an investor data room?
There are many options you can incorporate into your investment data rooms that can help your company stand out from crowd and increase the odds of getting your venture funded. You want to make sure that you provide the most relevant information, but not overwhelm or overshare.
Although it is standard to include a presentation in your data room, it might not be the best place to put the most important details about your product, such as product roadmaps and product-market fit. Instead, you can include an elaborate slide that shows your plan over a certain time period, and includes the most relevant details for each step.
You can also include a bio section for your team in your data room that highlights more than only your founders. This will provide a greater picture of your team’s capabilities of tenacity, value, and value and also show the amount each member owns. It can also serve as a place to include better resumes for your team members. You could even include an area on your customer references to show how much you care about your customers.
