Concept · Fundraising and equity

Data room

Also called: dataroom, virtual data room, VDR, diligence folder, investor data room

An organized online folder of a company's key documents, shared privately with investors or buyers so they can check the facts during due diligence.

For example: Before a seed round, a founder fills a shared folder with the incorporation papers, the cap table, customer contracts and financial statements, and gives the lead investor access.

Connects to 6

This glossary is plain-language orientation, not legal or financial advice. Before you decide on a company structure, a contract, taxes or a fundraising deal, talk with a lawyer or an accountant.

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