What a founder actually needs in a room.
Most vendors put the useful parts behind a higher tier. Here they are on the free plan.
// storage, file size and active room count are capped on the free plan
How to structure a seed data room.
01 Deck and one-pager
The current version only. Old versions confuse the memo.
02 Metrics and cohorts
Revenue, retention, unit economics. One file, clearly labelled.
03 Legal and cap table
Incorporation, existing SAFEs, cap table. Gate this until diligence starts.
Investor data room questions
Most seed diligence requests fall into five groups: financial (model, historical P&L, bank statements), commercial (cohort retention, pipeline, top customer contracts), legal (incorporation, cap table, prior instruments, IP assignment), team (founder bios, key hires, option pool) and product (roadmap, architecture summary). Preparing all five before you start saves days of back-and-forth and prevents the stall that kills momentum after a strong partner meeting.
Traditional providers charge per page or per user and can run into thousands per deal, while founder-focused document tools charge a monthly subscription with analytics and NDA gating on higher tiers. RoundOS charges nothing for the room, tracked links, page analytics, NDA signing and version history. The paid product is Operator, from $99 a month. See pricing.