Efficient Due Diligence
The use of a startup’s database room can streamline the fundraising process by centralizing all relevant documents in one location and reduce the need for repetitive requests. This can aid in maintaining momentum during the due diligence stage and make a good impression on investors.
Complete Information on Your Market and Competition
Investors want to know more about your business model, industry landscape and your competitors. Included in this is a competitor analysis that shows different features and price points and any market research you’ve conducted. In addition, it’s important to include a section of your team, describing the current number and type of employees as well as their responsibilities and salaries. You might also wish to include references from customers and referrals to demonstrate how you value your customers.
Demonstrating Scalability and Growth
Investors want to know that you have the potential to expand quickly and grow your company. This can be shown through financial projections and acquisition data.