Venture capital funding has accelerated in recent years. This doesn’t give investors enough time to research the specifics of each deal. It’s up to founders to make their due diligence process as efficient as they can by using a well-organized virtual data space.

It’s important to have your stage 1 dataroom in order before you begin a fundraising discussion, whether you’re raising series A funds or just getting ready to pitch a new investor. The data must be organized and easily accessible so that investors can access all documents.

A stage 1 data room typically contains the pitch deck as well as financial statements (including the year-to-date and quarterly income statement), and any other relevant information you wish to provide. It should also include a section which highlights your personal research on the market as well as your competitive analysis to aid investors in understanding your unique position.

Include any previous updates to investors you’ve received from investors. This includes milestones you’ve achieved and any concerns raised previously by investors. This is an excellent way to click this over here now demonstrate your commitment to be transparent with investors and could make a difference in their decision to invest.

When choosing a virtual room make sure you choose one that is easy to use and allows you share files securely with third-party users. Make sure the service includes a broad array of features, like bulk upload/import, customizable watermarking as well as an integrated NDA, which can simplify the process by removing the need for additional paperwork.