Investment Committee

Last updated on June 27, 2025

This article explains how to use the Investment Committee feature to streamline your investment decision-making process.

Overview

The Investment Committee feature helps you organise your investment decision process effectively. You can share and review investment materials with team members before formal meetings, collect member opinions through structured voting, and generate detailed reports that document committee decisions.

Committee Lifecycle

The Investment Committee follows these key stages:

Create: Set up the initial committee page with basic information.
Prepare: Add your memo and relevant documents, set up voting, and add members.
Start: Make the committee visible to members and send official invitations.
Close: Close the committee and generate a comprehensive report.
Publish: If needed, add a memo to the final report and distribute it to all members.

Creating an Investment Committee

Prerequisites

Before you can create a committee, the deal must be in either “VC appraisal” or “Live” status.
You must have Administrator privileges to create and manage committees.

Creating a Committee

Navigate to the deal page for which you want to create a committee.
Click the “Investment Committee” button.

Accessing the Committee page

After creation, you can access the committee page through multiple pathways:

From the deal page, using the “Investment Committee” button (as an administrator) or the Investment Committee info-bar (as a member).
On your dashboard, look for the committee in the “Investment Committees” block. Note that this block only appears if you are a member or administrator of at least one committee.
Navigate through the main menu by selecting Deals → Investment Committees.

Managing an Investment Committee

Write the Committee Memo

Cover all aspects of the deal that the members should be aware of to make a decision.

You can start with the default text provided, which offers a helpful structure and covers topics typically included in investment memos, such as relevant information about the market, competition, team capabilities, and other aspects necessary for evaluation.

You can add additional text blocks, images, or videos.

Add Documents

Provide committee members with essential documents in two convenient ways:

Upload new documents directly to the committee page.
Pick existing documents from the deal Data Room.

All documents can be removed or deleted as needed throughout the committee process.

Manage Members

To add members to your committee, click the “Invite members” button to open a selection window. Select the team members you wish to add and confirm your selections.

Use the “Manage” button to add new members or remove existing ones as your requirements change.

When the committee is started, all members will receive an email with instructions about how to participate.

Create and Manage Votes

The Voting feature allows committee managers to gather structured feedback from team members before making investment decisions.

You can create a vote at any time before the committee is closed. This flexibility allows you to add votes when new decision points or vote topics arise during the committee process.

If you create a vote but haven’t started it, you can discard it if it’s no longer needed.

Adding Questions

Before starting a vote, you need to add at least one question. When adding questions, you can choose from two answer types:

Yes or No
Free text – for more detailed responses and explanations

You can edit or delete questions as needed while setting up the vote. However, once the vote starts, questions cannot be modified.

When your questions are ready, click “Start vote” to begin the voting process.

Monitoring Results

After starting the vote, you can see real-time results as members submit their responses:

The number of submitted votes and the names of members who have voted
For yes/no questions, you’ll see how many votes each option received and who voted for each
For free text questions, you’ll see how many members have provided answers

As the committee manager, you can also participate in the vote.

Ending the Vote

Votes can end in three ways:

Automatic closure – The vote closes automatically when the committee is closed
Manual closure – You can end the vote early by clicking “End vote”
Cancellation – You can cancel the vote, which discards all results

After the Vote

When a vote ends, you’ll see the final results. If the committee is still active after manually ending a vote, you can create another vote if needed. This is particularly useful for follow-up decisions that may depend on the results of the first vote. Only one vote can be active at a time.

All vote results, including free text answers, will be included in the final Committee Report when the committee closes.

For Committee Members

Submitting Votes

When a vote is active, you’ll see the questions and can provide your answers. Once you’ve completed all questions, click “Submit” to record your responses.

Editing Your Answers

If you need to change your answers after submitting, click “Edit answers” to make modifications. This will reactivate the input fields while preserving your original answers, so you can change only what you need without losing your previous responses.

Your final answers will be included in the committee report.

Committee Report

When you close a committee, we automatically generate a detailed report containing:

A comprehensive summary including the introduction, memo, and key deal details.
A complete list of all committee members who participated.
An inventory of all files shared during the committee process.
Detailed results from all votes conducted.

As the Committee Manager, you can add a memo before publishing it to the members. When a report is published, members will be notified and can review it. You can also download the report as a PDF file.

Committee Member View

Committee members can participate in several ways:

Review the committee memo prepared by the manager and jump directly to the related deal page for additional context.
See who else is participating in the committee.
Open and review all shared documents.
Cast their votes on matters presented by the administrator.