Staged release
Identical facts.
Released as they progress.
Set your stages once. Move a party forward and the next tier of documents unlocks for them, in the room, in downloads and in what the room's AI will answer.
- Process letterProcess · stage 1
- Information packOverview · stage 1
- Revenue & financialsFinancials · stage 1
- S1 · Approval mechanicsSupplementary · stage 1
- Released at a later stageCustomers · stage 2
- Released at a later stageCapital · stage 2
- Released at a later stageLegal · stage 3
- Released at a later stageCapital · stage 3
- Released at a later stageFinancials · stage 3
See where everyone is
Every party,
at a glance.
Each investor or buyer sits at a stage, with a milestone that tracks the deal itself. Reach a milestone that usually unlocks the next stage and RoundRoom offers the move, telling you exactly what they'll gain.
- Milestones: NDA, management call, offer, LOI, signed
- Moving a party shows what it releases before you confirm
- Withdrawn parties fall back automatically
Safe by construction
Nothing released
before its time.
- Fail-closed defaults
- A new file in a staged room is released at the final stage until you choose otherwise.
- Enforced everywhere
- The file list, previews, downloads, page tracking and the room's AI all respect each viewer's stage.
- No teasing
- Sections with nothing released yet are hidden, not shown as locked.
- Links with a stage
- Open links can carry their own stage, for teasers or a wider first look.
- Release schedule
- A schedule of what unlocks at each stage, generated from your stages and kept in sync.
- New since last visit
- Parties see what's been added or updated since they last looked.
Questions
Asked often.
Can I rename or add stages?+
Yes. Stages are yours to rename, reorder, add or remove. Deleting a stage never releases anything earlier: its documents move to the next stage.
What happens to a public Q&A answer?+
It's shared only with parties at the asker's stage or later, since the answer may contain later-stage information.
Does this work for fundraising too?+
Yes. A fundraise typically runs first look, diligence and confirmatory stages; pre-seed and seed rounds start with two.