Most people think of data rooms as an instrument for completing due diligence during mergers and acquisitions (M&A), but they can also prove useful to raise capital. Startups could use a dataroom for sharing documents with investors. This is especially true when they are nearing the end of their fundraising campaign. With the right features, a data room can streamline communication and boost confidence of investors.

Typically tech3shed.org/ data rooms have a dashboard, which gives a summary of recent activity and notifications. Users will have the option to customize their dashboard view as well as alter the security settings and notifications. When logging in users will be asked to enter their email address, agree to the Terms of Use and Privacy Policy and then adjust their the password security settings.

Once users have logged into the system, they will be able to view and download documents. A data room must include an index to assist users find the document that they are searching for. It is also possible to edit in the event of need. A data room should also be able track engagement on specific documents.

A data room should have an area in which questions can be asked. The platform is able to automatically categorize responses and questions, and it can even identify specific words or phrases that need to be redacted based on its proprietary artificial intelligence engine. The system can also mark these sections with the red arrow and mark them accordingly for future references.