Case Study: ThoughtRiver closes $10M Series A with Digify data rooms

ThoughtRiver closed $10 million in Series A funding using Digify data rooms

ThoughtRiver, a London-based legaltech startup, needed a professional and secure way to manage due diligence for its $10 million Series A fundraising. Using Digify’s data room, the company wanted better control over highly confidential documents like financials, strategy, and intellectual property, as well as a more suitable alternative to SharePoint for investor review.

With Digify, ThoughtRiver set up a controlled environment for sharing documents, restricting access, preventing downloads, and collecting click-through NDAs automatically. Digify’s data room analytics helped the team see which investors were most engaged, enabling smarter follow-ups and helping ThoughtRiver close its $10 million Series A round led by Octopus Ventures more smoothly and efficiently.

ThoughtRiver

Tim Pullan

Chief Executive Officer and Founder