A data room is an online platform that facilitates sensitive information exchange during due diligence. Whether you are preparing for a M&A transaction or closing an investment or supporting other high-risk business operations Data rooms enable users to easily share and access files while ensuring the security of the files.

Investors will want to review important corporate documents during the due diligence phase. This includes reviewing contracts as well as shareholder agreements. This exchange of information can be a challenge and time consuming when it is done in an email chain or shared drives. A virtual data room enables lawyers and other parties to collaborate in a secure way on important documents.

As a founder, it’s vital to understand what the investor wants from your data room to ensure that you can meet their expectations quickly and efficiently. There are some key items you can include in your data room that will help you stand out.

1. Team Information

The most frequent request from investors is the current list of team members and their job titles. This can make the process easier when you provide it in a concise section.

2. Competitive Analysis

Investors will also be interested in knowing about your competitor’s video blogging apps for beginners strengths and weaknesses. It will demonstrate your research and make the process easier if you include a competitive analysis of your top competitors.