Investors require a large amount of data to conduct their due diligence. It is therefore essential to establish your data room as quickly as you can when you begin your fundraising efforts. By including all of the necessary documents, you can speed up your investment deal process.

It is also recommended to include a document with an index or table of contents for each section of the data room to facilitate navigation. Private equity firms will value an organized document that is easy to navigate. It is also important to make note of any changes made after the initial upload of a document. This indicates that you’re on top of things and shows your willingness to be transparent throughout the entire process.

Investors are often asked to provide historical and/or future financial statements. This will allow them to verify the accuracy of your numbers and also ensure that they are aligned with your pitch deck. It is also a good idea to include in your data room the assumptions that you have used, the sources, and the reasoning behind your financial projections.

Certain founders have other documents including resumes of key members of the team including employee stock agreements, documentation on hiring. This can give investors a better understanding of who the company is and the strength of its team. Some entrepreneurs will also provide a market study or growth strategy to show how their company is positioned to succeed.