The establishment of a dataroom is essential if you’re just beginning to grow and would like to show investors the viability of your company. Our experience shows that the companies who secure investment have an organized data space and a powerful presentation deck.
The most important thing to consider when setting up a Data Room is structuring the folders and documents in a way that prospective buyers are able to understand what they are viewing. This may include creating an index, or a table of contents that lists the main folders in your data room (such as “Finance” and “Marketing”). Within these categories, you’ll need to create subfolders that organize documents by topic. This makes it easier for buyers to find the information they’re looking for and will speed up the overall due diligence process.
Furthermore, you’ll need to ensure that you’ve included a section that focuses on your current customers and references. This will help investors comprehend the customer base of your company and also see how far you’ve come in your market.
Invite users to your data room once you have completed the structure. This can be done through the User Management section on the Manage your data room page. Secure virtual data rooms offer the ability to set permissions that are granular, allowing you to invite users with the specific access rights they require to access documents. This is a big advantage over physical data rooms which require that all attendees are present at the same time and can only be accessible during office hours.
