A data room is an online platform that allows for sensitive information exchange during due diligence. If you are planning an M&A transaction or closing an investment or supporting other high-risk business operations Data rooms allow users to share and access documents while also ensuring the security of those files.

During the due diligence phase of any business transaction, investors will need to look over a variety of important corporate documents including contract review as well as shareholder agreements and more. This exchange of information can be challenging and time-consuming if it is handled in an email chain or shared drives. However a virtual data space allows legal teams and other stakeholders to securely collaborate on critical documents.

As a founder, it is essential to understand what investors are looking for from your data room in order to be able to deliver efficiently and quickly. There are a few important items you can incorporate into your dataroom to help you stand out.

1. Team Information

A common request from investors is for an inventory of current team members and their titles. This will make the process easier if you can provide it in a concise section.

2. Competitive Analysis

Investors also want to know the strengths and weaknesses of your competition. It will show your research and speed up the process by including a competitive analysis of your top competitors.

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