> For the complete documentation index, see [llms.txt](https://alludium.gitbook.io/alludium-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://alludium.gitbook.io/alludium-docs/venture-capital/vc-deal-rooms.md).

# VC Deal Rooms

A VC Deal Room is a project for one venture investment opportunity. It keeps the opportunity context, source material, files, tasks, stage, decisions, and collaboration history together from intake through portfolio handoff.

Use a Deal Room when the team is actively evaluating a company, not just tracking it as an origination candidate.

## What A Deal Room Captures

Deal Room fields can include:

* Company name, domain, sector, geography, stage, round, and target check size
* Source system, source object, source owner, lead partner, referrer, and relationship context
* Pitch deck, founder materials, source thread, meeting records, and data-room links
* Current decision, review state, approval state, decision ask, and next decision date
* Missing materials, active blockers, known claims, and priority workstreams
* Diligence, IC, term-sheet, legal, closing, and portfolio handoff artifacts

The exact fields depend on the project setup version and any workspace-owned customization.

## Deal Room Setup

Deal Room setup commonly includes:

1. Choose the source of truth for Deal Room creation.
2. Review CRM or source-system readiness.
3. Review workspace and Deal Room variables.
4. Review optional sync-preview schedules.
5. Review collaborator suggestions.
6. Approve project creation, source import, invitations, or schedules only after setup evidence has been reviewed.

Setup tasks should not import records, create projects, send invitations, or enable recurring sync before user approval.

## Common Deal Room Work

Deal Room work can include:

* Capturing opportunity intake
* Requesting founder materials
* Preparing and summarizing meetings
* Running investment fit screening
* Running focused evaluation workstreams
* Generating diligence questions
* Preparing team, partner, and IC review materials
* Recording IC decisions
* Reviewing deal terms and term sheets
* Running formal diligence
* Managing closing and portfolio onboarding

## Files And Evidence

Use Files to keep the source material close to the opportunity. Common Deal Room files include pitch decks, meeting notes, call transcripts, founder materials, market research, diligence reports, financial models, term sheets, legal documents, closing trackers, and portfolio onboarding plans.

When a task produces a recommendation, it should make the evidence standard clear. A screening output should not sound like formal diligence, and a diligence output should not imply that source documents were reviewed if they were not.

## Active Deal Room Hygiene

Keep the current decision, active blockers, missing materials, next decision date, and priority workstreams up to date. Those fields help agents and teammates understand what should happen next without reconstructing the deal from chat history.


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