Investors will need all the documents that a startup has available during due diligence. This can include legal documents, supplier and customer contracts as well as intellectual property data as well as market research and financial performance. A www.visualdatastorage.org/when-is-the-best-time-for-a-company-to-raise-money/ virtual data room is a place to store, organize and keep up-to-date this huge amount of information. It also allows you to keep an eye on who has access to the data and for how long.

No matter if you use Sturppy or another software to build your financial model, it is recommended to include a downloadable version of it in the data room. This allows investors to validate assumptions and claims, without the need to ask for them later.

Investors will want to see your business plan, which includes the roadmap and forecasts for the next three years. This gives a clear understanding of how you’ll expand and grow your company.

A summary of your most important financials, which includes revenue, operating expenses and capital expenditure to date, as in addition to projected future revenue and profits. This gives investors a full overview of your financials from the day you started through the present.

You might have included a slide about the founding team in your pitch deck and investors may have looked over LinkedIn profiles. But, a section devoted to highlighting the backgrounds and experiences of each team member can help to influence their decisions. This is especially important if you are planning to get funding from institutional investors.