If you're in the initial stages of raising funds, or are seeking to demonstrate the viability of your venture in due diligence with potential investors, setting up a data room is essential. We've observed that firms that are successful in securing funding have a compelling pitch deck and an organized and accessible data room.

The most important aspect of setting up a Data Room is the way to organize the documents and folders in a way that prospective buyers are able to understand what they are viewing. This may include creating a table, or index which lists the main folders in your data room, such as "Finance" or "Marketing". Within these sections, you'll want to create subfolders that organize your documents by subject. This will allow buyers to find the information they require and accelerate the due diligence process.

Additionally, you'll be sure to have included a section that lists your existing customers as well as references. This will help investors to know the number of customers you have and how you've made progress in your market.

Once you've completed the structure of your data room, you're now ready to begin inviting users. You can do this through the User Management section on the Manage your data room page. Secure virtual data rooms come with access to granular permission settings that try this site permit you to invite users with the specific access rights they need to view documents. This is an benefit over physical data rooms, which require that all attendees are present at the same time. They can only be accessed during office hours.