During the fundraising process, companies must be able to quickly and easily share sensitive business documentation with potential investors without compromising valuable intellectual property. In this case study, we cover how PlantForm Corporation uses a SecureDocs Virtual Data Room to maximize their deal value, gauge investor interest, and expedite the deal process.
PlantForm, a Canadian private corporation founded in 2008, is a biopharmaceutical company that is commercializing a low-cost, plantbased manufacturing platform for life-saving drugs, vaccines, and antibodies.
Having already secured $5.5 million in funding from founders and angel investors, $2.0 million from government contracts, and another $2.1 million in contract revenue, PlantForm’s founders are focused on raising additional capital and establishing partnerships to enter the marketplace.
In addition to its ease of use, complete record of all documents viewed, security benefits, and affordable pricing, SecureDocs has delivered significant financial benefits to the company by improving their fundraising process.
Today, PlantForm’s executive team uses SecureDocs to share sensitive corporate information and ideas with potential investors and partners with confidence. Audit logs allow them to gauge investor interest as well as create a documented record should an IP infringement occur. Built-in NDAs and automatic identifying watermarks further hold other parties accountable while US government-grade encryption ensures that all documents are unreadable to unauthorized users.
Try It Free"We researched other data rooms and what we liked about SecureDocs is that it combines a lot of features into one. And when we compared it to the other data rooms, SecureDocs stood out in functionality and ease of use."
"I wish we had started using SecureDocs much sooner. We went through multiple rounds of financing as a private company and it would have made my life so much easier. "
"The data room is not meant to be a complicated part of the deal. It should be really straightforward, easy to use, and no one should have any access issues. With SecureDocs the data room is not a problem.”
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