Fundraising: Share a Pitch Deck with Investors
Set up a Peony data room for a pre-seed to Series C raise. Watermarked pitch decks, per-investor links, and analytics that tell you who is actually reading.
Last updated April 10, 2026
Fundraising: Share a Pitch Deck with Investors
For founders raising pre-seed through Series C. Share a pitch deck, financial model, and supporting diligence with investors, and see which investors are actually reading it.
Setup takes under 10 minutes: drag a deck into a new data room, toggle watermarks, generate one link per investor, send. Every time an investor opens the deck, you see which pages they read and how long.
Raising $100M+ from a single lead with a law firm running process? The M&A Advisory workflow is closer to what you need.
Why Peony for Fundraising
Peony is built for founders who need a data room live in minutes, not weeks. A new room takes under 5 minutes to set up, and AI auto-indexing organizes every uploaded file in under 3 minutes — no manual tagging.
Peony's page-level analytics show exactly which pages each investor read and for how long. Most file-sharing tools (Google Drive, Dropbox, email) only tell you whether someone opened a link. Peony tells you the investor spent 4 minutes on the financial model and skipped the team slide — that changes how you prepare for the partner meeting.
Viewers are free and unlimited on every Peony plan. Enterprise data rooms like Datasite charge per-seat, which means 30 investors on a Series A can cost thousands per month. Peony Pro costs $20/admin/month regardless of how many investors access the room.
Peony's AI Q&A lets investors ask questions directly against your documents and get cited answers with page numbers. This reduces back-and-forth email and lets serious investors self-serve diligence questions at their own pace.
Every Peony data room includes dynamic watermarks, NDA gates, screenshot protection, and Screenshield (mobile screenshot blocking on Business/Enterprise). These aren't add-ons — they're toggles on every link. A Google Drive link offers none of this.
Quick Setup (5 Steps)
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Create the data room. Dashboard → New Data Room. Name it so the investor understands it ("Peony Series A" beats "Internal fundraise v3 FINAL").
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Upload and organize. Drag in the deck, model, cap table, and anything else you're comfortable sharing. Standard early-stage structure:
01 Deck,02 Financials,03 Team,04 Customers,05 Legal. AI auto-indexes everything in under three minutes. -
Turn on watermarks and screenshot protection. Open Link Settings, toggle Dynamic Watermark on, and Screenshot Protection on for desktop. Legal deterrent plus a technical block on the most common leak vector.
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Generate one link per investor. The single most important habit for fundraising. From Permissions, create a separate link per investor — "Sequoia link", "Index link", "AngelList syndicate", etc. Each link has its own watermark, analytics, and revoke button.
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Share and watch the Analytics tab. Send each investor their personalized link. Within minutes of the first open, you see dwell time per page, total session length, and which sections they went deep on.
Stuck? Book a 15-minute walkthrough at lunacal.ai/team/peony-data-room.
Recommended Security Stack
Fundraising balances protection with politeness. Too much friction and investors ghost.
- Dynamic watermark — always on. Zero cost to the investor, high cost to a leaker.
- Email verification — always on. Forwarded links don't work.
- Screenshot protection — on for desktop. Enable Screenshield (Business / Enterprise) for mobile blocking on iOS, iPadOS, and Android.
- NDA gate — optional. Only if the deck has material financial data, customer names, or IP. A hard NDA will cool casual angel interest — think twice on first-touch shares.
- Link expiry — 30 or 60 days.
- Downloads — off by default. Enable per-investor for trusted LPs who need a PDF.
For a first-touch deck: watermark + email verification is usually enough. Add screenshot protection and NDA gates for financials and customer lists.
See NDA Gates and Dynamic Watermarks.
What Analytics Tell You
- Per-page dwell time. An investor who spent 90 seconds on traction and 5 on the team slide is telling you something different than one who did the reverse.
- Total session length. 3 minutes = skim. 8 minutes = read. 25 minutes = opened the model too. Partners rarely session 25 minutes unless they're seriously considering a call.
- Return visits. First open is a signal; second and third are much stronger. Return visits within 72 hours often precede a "let's talk" email.
- Per-viewer segmentation. Because you used one link per investor, sort by dwell time and your follow-up list writes itself.
- Attempted screenshots. Useful intelligence about which investors are building their own files on you.
- Q&A questions asked. Often more revealing than which pages they read.
Click into any investor's name to see their total view time, average session length, device, location, and full activity timeline.
See Page-Level Analytics.
Investor Updates
Many founders use Peony for monthly or quarterly investor updates too. One "Investor Updates" room (or a new room per update), upload the letter and supporting docs, share with your cap table, and see per-investor engagement. Finding out which investors are engaged between rounds makes the next raise easier to sequence.
Pricing
- Free — one workspace, core security, limited analytics. Fine for kicking the tires.
- Pro ($20/admin/month) — full watermarks, NDA gates, page-level analytics, unlimited rooms. Right for most solo founders and small teams through Series A. Viewers don't count toward seats.
- Business ($40/admin/month) — Pro plus custom domains, advanced branding, priority support. Worth it for a proper Series A/B where you want the deck share to look hosted by you.
Viewers are unlimited on every tier. Pricing scales with admin seats, not investors.
See Plans and Pricing.