A data room is an online platform that allows for sensitive information exchange during due diligence. Data rooms are great for any high-stakes business activity regardless of whether you're preparing an M&A deal or closing an investment, or facilitating another high-stakes transaction. Users are able to easily access and share documents while ensuring the security of the documents.

Investors will want to review important corporate documents during the due diligence phase. This includes reviews of contracts, shareholder agreements, etc. This exchange of information can be a challenge and time-consuming if it is handled in an email chain or shared drives. A virtual data room permits the legal departments and other stakeholders to work in a secure manner on crucial documents.

As a founder, it is essential to know what investors data room expect from your data space in order to meet their needs quickly and efficiently. There are a few essential items you can incorporate into your data room to make sure you stand out.

1. Team Information

Investors often ask for an updated list of current team members' names and job titles. If you can present this in a concise section it will speed up the process much faster.

2. Competitive Analysis

Investors are also likely to want to know the strengths and weaknesses of your competition. It will help you demonstrate your research and speed up the process if you include a competitive analysis of your most successful competitors.