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

Sofia Polonska
Actually lawyers charge a lot. So better do everything online with right soft)
Julia Doronina
@tasha_dziatkovskaya yes, I am absolutely agree. Maybe you can recommend some great platforms/soft, please?
Alice Rodgers
What a great question! On our platform TeQatlas we have fully secured Data room to share docs with investor
Julia Doronina
@cn__katie Thank you very much, I will check it out!
Alice Rodgers
@julia_demyanchuk will appreciate your feedback!
Sergey Voynov
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.
Gleb Braverman
Just don't share them! :)
Sergey Voynov
@gleb_braverman Pirate Principle: A secret remains a secret when only two people know it. Moreover, one of them must be dead :)
Julia Doronina
@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?
Earl Mitchell
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.