Back before we all had digital storage for our belongings companies stored their most sensitive documents in a separate room that was accessible only to those who required it. Nowadays, it’s called an investor data room (or VDR) and is the most crucial tool startups make use of when conducting due diligence with investors.

A virtual data room for investment banking makes it easier and faster to share your company’s most important documents with potential investors. The goal is to reduce the number of emails with confidential attachments sent to each individual investor, which can be long-winded for everyone involved, and can make the whole fundraising process more www.vdrprice.com/what-should-be-in-your-investor-data-room/ difficult than it is.

If you’re in search of an VDR to use for your business, you should choose one that is simple to use and has customer support available for any questions or needing assistance. The best investment banking VDR software will also permit you to upload massive amounts of data quickly, have intuitive search capabilities and provide flexible permissions options to ensure your data is only read by those who need it.

There are a myriad of ways to design an investor data space, but the key is that you include everything that investors will require in their due diligence. This usually includes your pitch deck (though it should be customized to each investor) and any market research reports or other public information you have. It’s also helpful to include references and recommendations from your clients to demonstrate that you have a strong client base.