DataRoom improvements have stagnated since the 90’s. Instead of waiting for data room providers to modernize processes, their team of former M&A professionals, government officials, industrial engineers, data scientists, and programmers decided to create something better.
"20-40% of due diligence requests never get reviewed...what does this mean? Well, that they were not that important to begin with. Of course, throughout diligence, it is okay to ask questions, but being able to prioritize and manage them digitally is essential. DealRoom allows stakeholders to do this."
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