A virtual data room is a vital tool for companies seeking to accelerate the due diligence process in fundraising or M&A. When you create one there are many issues that must be taken into account.

The most important issue is how to structure the data in a way that supports your company’s narrative. The narrative will differ based on the stage at which you are. Seed-stage companies may focus on trends in the market or regulatory changes, while growth-stage companies might be more focused on the relationship between the key accounts and customers.

Another thing to consider is making sure that the information you share is accurate and up to date. Providing out-of-date documents is an indication to investors, and it could result in confusion during the due diligence process. This is why it’s important to use a data room that automates updates and enables administrators to keep track of who sees which documents, and when.

The data room must be secured enough to stop unauthorised viewing and downloading however, it should also offer a pleasant user experience. This is vital because advisers and investors need to be able to quickly access the data and have confidence that it is safe. A data room that has an intuitive interface can make a huge difference in a transaction’s speed and its success.

A data room should also include a section highlighting your company’s brand and vision for marketing as well as a short pitch deck that you may utilize for meetings with prospective investors. Lastly, it’s important to have a intralinks cost section with references from customers and referrals. This is an excellent method to demonstrate the value your business provides to its customers and establish trust in potential investors.