Glossary
Data room terms, explained
12 terms that matter when you're running a structured investor process.
Engagement Score
A 0–100 number that synthesises how seriously an investor has engaged with a data room.
Room Readiness Score
A 0–100 score that tells founders how complete their data room is before they share it.
Investor Intent Signal
A behavioral marker that indicates an investor is moving from evaluation to active interest.
Off-Hours Read
A document access that occurs between 9pm and 6am in the investor's local timezone.
Pitch Deck Engagement
The measurable reading behavior an investor exhibits when viewing a pitch deck.
Forwarding Control
The ability to prevent a shared document link from being accessed by anyone other than the invited recipient.
Per-Recipient Watermark
A dynamic watermark applied to each document page that identifies the specific investor who accessed it.
OTP Anti-Forwarding
A one-time password mechanism that ties a data room link to a specific email address, blocking forwarded access.
Investor Inbox
A unified portal where investors can access all data rooms that have been shared with their email address.
Warm Investor
An investor who has shown measurable engagement with a data room without yet committing.
Immutable Audit Trail
A tamper-proof log of every access event in a data room, stored in an append-only database table.
Return Cadence
The pattern of how frequently and how quickly an investor returns to a data room after their first visit.