Fundraising and capital markets
Data room for angel investors
Short answerAngel investors in Singapore usually invest early and in small groups. A light data room with the deck, cap table, company records and founder agreements is enough, with view tracking so founders know who to follow up.
How it works in Singapore
Angels invest individually or through networks and syndicates. Many are experienced operators or executives. They move fast but still want basic diligence.
Best data rooms for angel investors
Our five measures re-weighted for this use case, with a small bonus for rooms built for it. Prices before 9% GST.
- 1
Ellty ~S$191/mo 9.6 Visit Ellty - 2
iDeals On quote 8.5 - 3
Ansarada On quote 8.3 - 4
Firmex On quote 8.3 - 5
Datasite On quote 8.2 - 6
SecureDocs ~S$320/mo 8.2 - 7
Box ~S$19/user/mo 8.1 - 8
Citrix ShareFile ~S$70/mo 8.1 - 9
Drooms On quote 8.0 - 10
Intralinks On quote 7.9
21%Security15%Deal tools17%Permissions24%Ease of use24%Cost
Folder index for angel investors
01
PitchDeck and one-pager.
02
CompanyACRA records and constitution.
03
Cap tableCurrent and post-round.
04
TermsSAFE or term sheet.
Singapore rules that apply
Accredited investor rules
Many angel investments rely on offers to accredited investors under the Securities and Futures Act.
More detail: Companies Act and ACRA.
Features you need
| Feature | Why it matters here | Rooms in our top 10 that list it |
|---|---|---|
| Audit trail | Time-stamped history of who opened, printed or downloaded each document, exportable for a dispute, insurer or regulator. | 10 of 10 |
| Dynamic watermarks | The reader's name, email and time are stamped across each page as it opens, so a photographed page can be traced. | 10 of 10 |
How to set it up
- Share a linkInvite angels with view-only access first.
- Track interestFollow up with those who read the most.
Mistakes to avoid
- Emailing the cap table as an attachment.
- No record of who received what.
Questions people ask
Do angels need a full data room?
Usually not. A light room is enough, and it can grow later.
What do angels check?
The team, the cap table, company records and the terms.
Are angel investors regulated?
The investors are not, but offers to them must fit an exemption under the Securities and Futures Act.