Fundraising and capital markets
Data room for pre-seed and seed rounds
How it works in Singapore
Early Singapore rounds come from angels, accelerators, government-linked early-stage funds and seed VCs. Instruments are often SAFEs or convertible notes rather than priced equity.
Investors want to confirm the company exists properly, the founders own the IP and the cap table is clean.
Best data rooms for pre-seed and seed
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
Firmex On quote 8.3 - 4
Ansarada 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
CapLinked ~S$382/mo 7.9 - 10
Drooms On quote 7.9
Folder index for pre-seed and seed
Singapore rules that apply
Companies Act
Founder shares and any allotments must be properly authorised and lodged.
Offer exemptions
Early rounds usually rely on private placement or small offer exemptions 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
- Keep five foldersDeck, incorporation, cap table, founders and financials.
- Paper the foundersVesting and IP assignment signed before investors ask.
- Track viewsSee which investors open the room and follow up.
Mistakes to avoid
- No IP assignment from a co-founder who left.
- Verbal promises of equity to advisers.
- Over-building a room before product-market fit.
Questions people ask
Do seed investors do due diligence?
Yes, but lighter: company records, cap table, founder agreements and the model.
Is a SAFE common in Singapore?
Yes, many early rounds use SAFEs or convertible notes adapted for Singapore law.
Can I use a free trial for a seed round?
Several data rooms offer a free trial, which can cover the first weeks of outreach before you pick a paid plan.