# A Series A data room, free

> You can run your Series A data room in ArtifactSend for free, with folders, an NDA, a watermark with each investor's email, verified readers, and a record of which fund read which document.

Updated November 2, 2026. By Vela Partners. https://artifactsend.com/guides/series-a-data-room

## The short answer

Create a data room, add folders for each area investors check, require an email code and an NDA, and turn on the watermark. Each fund gets access, and you see which documents its partners read and for how long. It costs nothing, for any number of rooms and team members.

## What to put in a Series A data room

- Company. Incorporation documents, cap table, option plan and board minutes.
- Financials. Historical statements, the model, bank statements and burn.
- Customers. Contracts, pipeline, pilots and references.
- Product and technology. Architecture, roadmap, patents and test results.
- Team. Org chart, key hires and employment agreements.
- Legal. Material contracts, IP assignments and any litigation.
- Defense and deep tech. Government contracts, grants such as SBIR, and export control classifications, shared only with the funds that need them.

## Keep sensitive files with the right funds

- Give each fund its own access, or allow only its email domain.
- Put sensitive folders, such as government contracts, behind access for named people only.
- Keep downloads off, and turn on the watermark and screenshot protection.
- See who opened each folder, and when they came back.

## Build it in one sitting

1. Sign in at artifactsend.com and create a data room named for the round.
2. Make the folders above, and drop in your files. Many at once is fine.
3. Turn on the email code door, the NDA and the watermark.
4. Send each fund its link. Then ask ChatGPT or Claude which funds read the financials this week.

## What it costs elsewhere

- DocSend Advanced Data Rooms, $180 a month billed yearly.
- Papermark Data Rooms, 99 euros a month billed yearly.
- Peony Data Room, $52 per admin a month billed yearly.
- ArtifactSend, free.

Prices from each vendor's pricing page, checked November 2, 2026.

## What ArtifactSend does not do yet

- eSignatures. DocSend includes them on paid plans, and Peony gives 3 a month free.
- Your own domain. Links on your domain instead of artifactsend.com.

## Questions

**Do I need a paid data room for a Series A?**

No. A Series A room needs folders, an NDA, a watermark, verified readers and activity per fund. ArtifactSend has all of them for free.

**Can I show some folders to one fund and not another?**

Yes. Set access per folder for each person or email domain.

**Does it suit defense and deep tech startups?**

Yes for diligence materials, with verified readers, the NDA, the watermark and per-folder access. Do not upload classified or export-controlled technical data to any commercial data room.

**Can I see which investors are serious?**

Yes. You see which fund read which document, for how long, and who came back.

## Sources

- [DocSend pricing](https://www.docsend.com/pricing/)
- [Papermark pricing](https://www.papermark.com/pricing)
- [Peony pricing](https://www.peony.ink/pricing)