Data Room for Startups

A startup data room is a permissioned online folder set where a founder shares company records with prospective investors during a fundraising round or an exit. Investors expect it once a term sheet is in discussion and diligence begins, though founders who set it up before the raise answer requests faster. DealRoom gives startups a data room with investor access controls, engagement analytics and a built-in request list so investor diligence questions are tracked in one place.

An investor data room usually holds the pitch deck and company overview, the financial model and historical P&L, key metrics such as revenue, burn and runway, the cap table with prior round documents, incorporation documents and bylaws, material customer and vendor contracts and IP filings. It also holds team bios, employment agreements and past board decks or investor updates. Later rounds ask for more legal and financial depth. DealRoom's venture capital due diligence checklist maps the typical request list: https://dealroom.net/resources/templates/venture-capital-due-diligence-checklist

Founders can start in a shared drive, but a data room is the better choice once several firms are in diligence at the same time. A shared drive cannot show which investor opened which document or give each firm a different view. In DealRoom, each investor group gets its own permissions, the founder can see which investor is spending the most time on which documents and how long they spent in the room. Diligence requests are tracked instead of scattered across email.

Yes. DealRoom's engagement analytics show which investor is spending the most time reviewing specific company documents and how much time each has spent in the room, which gives a founder a read on interest before the next call. Every view, download and upload is also written to the audit log. The same data room later supports an acquisition process, where the buyer's diligence list runs through the platform as requests with status and owners.

DealRoom separates investors into permission groups, so each firm sees only the folders and requests assigned to it and never another investor's activity. A "view as" check shows exactly what a given firm can open. Two-factor authentication applies to external users, data is encrypted with AES-256 at rest and TLS 1.2 or higher in transit and the platform is covered by a SOC 2 Type II report. Details are at https://dealroom.net/trust/overview.

Investor due diligence is easier to manage when the request list lives in the data room rather than in a spreadsheet sent back and forth. In DealRoom, the diligence list is created inside the platform, each item has an owner, due date and status. A document dropped onto a request is filed into the right folder automatically and the item marked complete. Comments with @mentions sit on each request; internal discussion can be kept from investors.

No. DealRoom is priced by project room opened, with unlimited users, so a founder can invite every investor, advisor and lawyer without adding seats. There are no per-page or data-overage charges. The price is locked for the contract term; pipeline usage is unlimited. The entry package is called Growth; AI is an add-on. Packages are listed at https://dealroom.net/products/pricing.