After you have created a deal, it starts by being moderated by the Roundtable team.
If this is your first deal, we will connect with you over the phone to discuss your project, and explain the overall Roundtable process.
If this is not your first deal, we will take up to 1 day to review your deal and allow you to share it.
Only the Roundtable team can move a deal from "In Moderation" to "Open"
After your deal has been reviewed, it moves to the "Open" stage, where you can:
Share the deal with co-investors
Track & edit commitments
Update the deal description, upload documents, etc.
Once you have received all commitments, you can move the deal to the "Contracting" stage.
In the contracting phase, the Roundtable team will create the SPV, generate legal documentation, collect signatures from all co-investors, and collect funds.
As a Lead Business Angel, you will sign documents on behalf of the SPV to invest in the target.
After the investment has been made in the target, the Roundtable team changes the deal status to "Completed"
The investment has been made in the target, no action is required from you or your co-investors.
You can cancel the deal when in the "In moderation" or "Open" stages, by clicking on the 3 dots button, then "Cancel deal".
In this case, your deal status will change to "Canceled", and all members invited to the deal will be notified.