How do you protect your confidential documents during the fundraising process?
Julia Doronina
13 replies
What platform or tool do you use when sharing sensitive documents (your financial results, official contracts, etc.) with third parties for instance with VCs, investors, business angels, and so on?
Replies
Alice Rodgers@cn__katie
What a great question!
On our platform TeQatlas we have fully secured Data room to share docs with investor
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@cn__katie Thank you very much, I will check it out!
We have created a solution of the VDR class, only in addition to the usual VDR's functions, it has a kill feature. LeaksID can identify who of users leaked the document, even if it was photographed from a screen (or from paper) and published.
Just don't share them! :)
@gleb_braverman Pirate Principle: A secret remains a secret when only two people know it. Moreover, one of them must be dead :)
@gleb_braverman Haha, this is a great solution :) Nevertheless, how do you share your confidential data? Or you don't have it, or absolutely trust your contractors?
Actually lawyers charge a lot. So better do everything online with right soft)
@tasha_dziatkovskaya yes, I am absolutely agree. Maybe you can recommend some great platforms/soft, please?
When sharing sensitive financial results, official contracts, or other critical documents with third parties like VCs, investors, or business angels, many organizations use secure document-sharing platforms like virtual data rooms (VDRs). VDRs offer encryption, access control, and audit trails to protect the confidentiality and integrity of important financial and legal documents during due diligence and investment processes.