M&A
Send the IM to verified bidders.
Give each bidder a verified link to the teaser and the information memorandum. See the bidders who read the memorandum before the next round.
Free for one seat. Readers never pay.
The workflow
From teaser to shortlist
- 01
Send the teaser
Each party on the long list gets a link of their own. The party opens the teaser with a name and a work email.
- 02
Release the IM
After the NDA is signed, send the information memorandum on a link with email verification.
- 03
Compare the bidders
Before the bid date you see the parties who read the IM and the pages they read longest.
- 04
Close a party out
Disable the link of a party that leaves the process. The file stays in your library.
Bidders
One link per bidder.
Each bidder has a link with its own settings and its own analytics. You compare the reading time of the bidders.
Verification
Verified addresses only.
Phase sends a 6-digit code to the work email of the reader. A reader limit caps the deal team of each bidder.
- Allow or block email domains for the workspace.
- Block one reader on every link with email verification.
- Switch download and text selection off.
Record
A record of every version.
The history of a file shows each upload, restore and share with the author and the time. Nobody can edit the history.
Documents
Long documents in portrait.
An information memorandum in Word or PDF scrolls as one page. Phase records the time on each page and the scroll depth.
The plan you need
Verified links need the Pro plan at €15 per seat per month. Phase has no watermark and no NDA step today, so keep the due diligence phase in your data room.
Compare the plansYour questions answered
Is Phase a virtual data room?
No. With Phase you share single files and pitches on tracked links. Phase has no folder permissions for bidders and no Q&A workflow.
Can Phase put a watermark on each page?
No. Phase has no watermark today.
Where are the documents stored?
On servers in Falkenstein, Germany. On the Team plan, you store the files of a secure folder on your own server.
Send your first tracked link today
Free for one seat. New workspaces get 14 days of the Team plan without a card.