Data room for raising a fund
For VC, private equity, real estate and private credit fund managers. Share your fund deck, track record, PPM and LPA with LPs, see who reads what, and get to first close faster.
Funds raised on Papermark
From first-time managers to Fund III
From our customer stories
For every fund strategy
The documents change, the raise works the same way
- Venture capital funds
- Fund deck, portfolio track record, reserves strategy and LPA for first-time and repeat VC managers.
- Private equity funds
- PPM, deal-level track record, value creation cases and DDQ for buyout and growth funds.
- Real estate funds
- Pipeline, asset-level returns, property data and fund terms for real estate and REIT managers.
- Private credit funds
- Loan book, default history, underwriting process and fund terms for credit managers.
- Infrastructure funds
- Project pipeline, concession agreements and long-horizon return cases for infrastructure managers.
- Funds of funds and search funds
- Manager selection, underlying fund data and investor updates for multi-manager and search fund vehicles.
What LPs expect in your fund data room
LPs compare dozens of managers. A clear index tells them you run a professional process before they read a single number. Most managers open the first two folders to every LP and the rest after a first meeting or a soft commitment.
- 1
Fund overview
Fund deck, one-pager, strategy and terms summary
- 2
Track record
Prior fund or deal-level returns, attribution, case studies
- 3
Team
Bios, references, time commitment, key person terms
- 4
Legal
PPM, LPA, subscription documents, side letter policy
- 5
Operations and compliance
DDQ, valuation policy, service providers, ESG policy
- 6
Pipeline and portfolio
Current pipeline, warehoused deals, portfolio updates
Built for an LP raise
Control who sees what, and know who is engaged
- Page-by-page LP analytics
- See which LP read the track record, for how long, and when they came back.
- LP groups and permissions
- Anchors, institutions and angels each see their own folders, set per group.
- NDA before access
- Require an NDA or confidentiality acknowledgement before the PPM opens.
- Dynamic watermarking
- Every page carries the LP's name and email, so forwarded copies trace back.
- Q&A and request list
- Answer LP questions in the room and track DDQ follow-ups with due dates.
- Live in minutes
- Upload a folder, invite LPs by email, and share one branded link on your domain.
Know which LPs are serious before the follow-up call
An LP who spends twenty minutes on your track record and returns to the LPA is a different conversation from one who closed the deck after the cover. Papermark shows you both, per LP and per page, so your team spends time where commitments are likely.
Papermark is probably the best VC-focused product we have ever used.
