As you consider raising venture capital for your growing startup, you're probably getting plenty of unsolicited advice. And most of it probably is coming from friends and family who have never been in your shoes — in other words, they've never run a company nor tried to raise millions of dollars to advance their dreams.
If you're on your way to series A funding, then you already know that it's time to think hard about the all-important investment due diligence process that's in store. You probably also know that institutional investors expect to have access to an enterprise-grade virtual data room (VDR) to securely review key documentation and intellectual property before sealing the deal.
In this post, we will try to answer some of the biggest, recurring questions about startup funding. Plus, share stats, insights, and best practices to help you in raising funds for your startup.
As of April, 2018, the startup investment market is stronger than it's been in years. Yet as you may have already learned the hard way, startup fundraising is a relentless challenge in any market. Nonetheless, there are tried and true ways to prepare yourself.
If you're going to raise venture capital for your startup, it's important that you complete your investment due diligence on the topic. Understanding the important must-knows of Series A round will help you more effectively reach your financing goals and ensure that you're able to provide the information needed by your investors.
At this point, you’re already organizing your virtual data room for all the fundraising and due diligence documents. Before you dive into your investment goals, however, it's critical that you understand these key tips.
Find out how to choose a virtual data room that sets you up for a successful investment due diligence process.
If you're seeking Series A funding, you've already reached a major milestone. According to a recent study, far less than half of startups that successfully raise Seed/Angel funding ever reach the Series A stage.
Find out why setting up a virtual data room is the best investment you can make before fundraising.
When you're ready to start fundraising for your new startup, you need a data room as part of your due diligence process. This simple addition to your arsenal can help you achieve a number of benefits— including both appealing to your investors and letting them know that you genuinely care about what your business is able to offer them. Before you ever start to raise funds and approach investors, you need a virtual data room to help you reach all of your goals.