Investors will want all documents that a startup has available to them during due diligence. It could include legal documents and contracts with customers and suppliers, intellectual property information market research, financial performance. A virtual dataroom is a central location to store, organise, and update all of the information. It also allows you to keep an eye on who accesses the information and for how long.
Whether you use Sturppy or another tool to create your financial model, it’s important to include a download version of the model in the data room. This allows investors to validate the assumptions and claims without having to request them in the future.
Investors will want to see your business plan, which includes a roadmap and forecasts for the next three year. This provides a clear picture of how you intend to scale up and grow the company.
A summary of the most important financials showing the revenue, operating expenses and capital expenditures up to date, as well as projected future profits and revenues. This gives investors an overview of your financials from the moment you began to the present day.
You may have already included a slide about the founding team in your pitch deck, and investors are likely to have had a look at LinkedIn profiles. A section devoted to highlighting the background and experience of each member can help to influence their decisions. This is especially crucial if you plan to raise from institutional investors.