Fundraising

A fundraising data room for startups and capital raises

A startup data room does not need to be complicated. Investors want a clear index, current documents and quick answers. Stowbill suits the advisers and finance teams who prepare those rooms for a capital raise, and who want the work tracked alongside the mandate. Here is what it does today and what it does not do yet.

What investors usually expect to see

  • Corporate: incorporation documents, cap table, shareholder agreements, board minutes.
  • Financial: historical accounts, management accounts, the financial model, budget.
  • Commercial: pitch deck, key customer contracts, pipeline.
  • Team: organisation chart, key employment contracts, option plan.
  • Legal and IP: material contracts, IP assignments, licences, litigation.

How Stowbill helps you prepare

  • Build the index as nested folders, then let the founders upload by secure link without an account.
  • Keep one current version of the model and deck, with older versions available to restore.
  • Set expiry dates on shares so access ends after the round.
  • Check every upload automatically and block programs and scripts.
  • Download the whole room as a ZIP when you need to send a copy.

What is available today, and what is not built yet

We would rather you know exactly what you are buying. Outside buyers, investors, lenders and advisers can now sign in to a data room with an emailed one-time link. A partner must open each room before anyone outside the firm sees it. The viewer deters copying but cannot stop a screenshot, which is why every PDF page carries the guest's name. Excel, Word and CSV files open in the same protected view; PowerPoint and older .xls and .doc files should be uploaded as PDF.

Available todayNot built yet
Data room accounts for outside parties, grouped into parties, with emailed one-time sign-in links (no password)Single sign-on (SSO)
Rooms start as drafts until a partner opens them; optional closing date; removing a guest ends access at oncePreview of PowerPoint and older .xls and .doc files (upload these as PDF)
NDA click-through: guests tick and type their name; time and network address recordedPage-level time-on-page analytics
View-only PDF viewer with no download or print button; downloads allowed per room or per partyAutomatic search-and-redact (redaction is drawn by hand today)
Dynamic watermark on every PDF page: guest name, email, party and time (UTC)SOC 2 or ISO 27001 certification
Private Q&A per party: assign, draft, partner approval, Excel import and exportAccounting integrations such as Xero or QuickBooks
Reports per party and per document, plus a hash-chained, append-only log with Excel exportChoice of hosting region
Internal folders with six permission levels, share expiry, version history and upload checks that block programs and scriptsAI features and a mobile app
A numbered index (1, 1.1, 1.1.1) with the same numbers for the firm and every party; Excel export of the index, per partyArabic interface
Whole-folder uploads that keep their structure, files up to 250 MB each, every file checked before it is storedEmail and calendar integrations
A buyer and investor tracker linked to the deal: NDA, information memorandum, bids and preferred bidderA general CRM with email and calendar sync
Redaction of PDFs: black boxes burnt into the page, with the original kept by the firm
Excel, Word and CSV files shown view-only under a watermark, without sending the file to the guest
A buyer interest score (Hot, Warm, Cold) from data room activity, and buyer history across deals
Your firm's logo and colour on the data room
Upload checks on every file; antivirus scanning as an add-on on the Firm plan

For advisers running capital raises

If you raise capital for clients, each raise is a deal mandate that moves through five partner-gated phases. The investor tracker follows each investor from teaser to NDA, IM, meeting and bid. Your engagement letter goes out for e-signature, your team records time against the mandate, and the success fee is calculated from the deal value.

Cost

A standalone data room is $149 a month. Firms that run several raises can use a per-user plan: Starter $25, Advisory $39 or Firm $49 per user per month, billed annually. There are no per-page charges.

Questions

Can investors log in to the room today?

Yes. Investors sign in with an emailed one-time link, accept your NDA by ticking and typing their name, and see only the folders chosen for them. You can see what each investor opened and downloaded.

Is a data room needed for a seed round?

Often not a formal one. A tidy shared folder can be enough at seed. A structured room becomes more useful at Series A and later, or when an adviser runs the process.

What does it cost?

A standalone data room is $149 a month. Per-user plans start at $25 per user per month, billed annually.

Can I control what each person can do?

Yes. There are six permission levels, from view to share, set per person or group and inherited down folders.

Can I see who opened the financial model?

Yes, for people with access in your firm. The activity log records every view, download and share.

Last reviewed 10 November 2026. General information, not professional or legal advice.

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