Due Diligence Questionnaire and Data Room Index

A due diligence questionnaire (DDQ) that covers the questions investors and their lawyers typically ask before an equity investment, organised by subject, with a data room index using the same numbering so each answer can point to the supporting documents. Preparing it before investors ask speeds up the round, reduces legal costs and shows the company is well run.

• Before launching a seed or Series A round, to get the company “investment ready”
• When an investor sends its own DDQ – use this to organise answers and documents
• To prepare the disclosure letter against the warranties in the investment agreement

• Answer each question fully, or write “None” or “N/A” – do not leave blanks
• Upload supporting documents to the data room folder with the same reference
• Have a director review every answer; they will usually be giving warranties
• Keep a dated copy of the version given to investors