One of the first parts of a fundraising or exit transaction is a process called “due diligence”. As part of this process, investors will generally ask their lawyers to carry out legal due diligence. The first thing their lawyers will normally do is send through a list of documents they want you to make available in a dataroom.
To help founders understand exactly what needs to be included, we’ve put together an online dataroom guide and toolkit. We cover the key points of focus for investors that frequently crop up during the early phases of an investment transaction.
Many founders don’t build their dataroom until an investor asks them to. However, building your data room early, before anyone asks for it, has some key advantages.
How does a dataroom help your startup business during a fundraising transaction? Find out at CUBE by Lewis Silkin.