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Biotech startup Avant Meats is able to see which investor has viewed their files, for how long and when to close deals faster.
Founded in 2018, Avant Meats is a biotech startup specializing in cell-based fish. The company innovates the production of safe and sustainable fish products with one goal in mind: for people to enjoy premium delicacies from the sea without sacrificing our ocean.
Avant Meats has expanded its operations from Hong Kong and Singapore, growing its presence in Asia in its bid to disrupt the US$60.5 billion seafood market.
Security and control are obvious factors for Avant Meats when searching for a data room solution to send confidential files with investors. On top of that, Avant Meats needed something to help them work more efficiently.
This includes the ability to gauge how interested their investors were in closing deals with them – a feature that was not as well developed in other cloud-based virtual data room platforms.
No more guessing with
real-time analytics and insights
With Digify’s document analytics feature, Avant Meats was able to learn which file has been viewed, when it has been accessed, by whom, and for how long. This was useful in helping them tailor follow-ups with investors and customers.
Always in control of files
with dynamic watermarking
Risks of document leaks are greatly reduced with Digify’s dynamic watermarks. Recipients’ email addresses will be stamped on their files upon access, creating a greater barrier to unauthorized sending.
Save time by conveniently
scheduling expiry dates for files
Instead of taking additional steps to revoke file access, Avant Meats saves time by scheduling expiry dates for their files to “self-destruct”. This is especially useful if deals were to fall through, as not every investor requires access to all files.
Besides its simplicity, security and tracking functions, Avant Meats is able to use Digify to present themselves professionally to investors. Their investors have also highlighted that Digify is well-organized and user-friendly.
Avant Meats is likely to use Digify for future fundraising activities and is considering leveraging the platform for business development purposes in the future.
Digify data rooms has a balance of simplicity and security that your investors will love.
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