Investors will require all documentation a startup has at their disposal during due diligence. It could include legal documents and contracts with customers as well as suppliers, intellectual property information market research, financial performance. A virtual dataroom is a central location to store, organise and keep up-to-date all of the information. You can also keep track of who has accessed your data and for how long.
It is essential to include a download version of your financial model in the data room, regardless of whether you use Sturppy to create it or some other tool. This lets investors verify your assumptions and claims without needing to ask for them again in the future.
Investors will want to see your business plan, which contains a roadmap and forecasts of the next three year. This will give a clear idea of how you plan to increase the size and growth of your company.
A summary of the most important financials that include revenues, operating costs and capital expenditures up to date and the projected future revenues and profits. This gives investors a complete picture of your finances beginning from the day you first started through the present.
You may have included a slide about your team in your pitch deck, and investors may have already viewed LinkedIn profiles, a dedicated section that focuses on the individual backgrounds and experiences of the founding team members can add further weight to the decision-making process. This is especially crucial if you plan to raise funds from institutional investors.