Round lead rights
Who have the round lead rights?
How to give a deal room member round lead rights for managing funding interests on a specific company application? / How to give a funding round participant round lead rights for managing the funding round?
What rights does the round lead have?
The following users have the round lead privileges:
members who have been assigned as the round lead in the Funding tab of a company application
members of lead deal rooms who have “view companies and create funding rounds” or higher companies access in the deal room (those members have the round lead rights for all funding rounds in the deal room)
company if they have created the funding round (and their round lead rights have not been revoked by other round leads) or have been granted the round lead rights by a lead deal room
Lead deal rooms are marked with the “Lead” badge in the “Participating deal rooms” section under the funding round.
The deal room that creates the funding round is the lead deal room by default. Users who have the round lead privileges can make also other deal rooms that join the funding round lead deal rooms or revoke the lead access of any participating deal rooms.
You can do it when you open the corresponding company application, go to the 'Funding' tab and open the additional actions menu of the funding interest of the member you want to make the round lead.
From the menu, choose "Edit" and tick the Lead investor checkbox in the dialogue that opens. Click "Set interest" to save the changes.
The round lead access can be revoked the same way — by editing the funding interest of the member and unticking the "Round lead" checkbox.
If you assign someone as a round lead in the Funding tab of a company application, they will have the following privileges.
They can edit the funding interests on the company application, despite whether a funding round has been created or not.
That includes:
adding funding interest on behalf of other investors
updating the amounts and tags of added funding interests
removing funding interests
changing the visibility of names and amounts of interested investors to other members (unless the corresponding information has been configured to always be visible/hidden in deal room settings)
making other participants round leads or removing their round lead status
If a funding round has not been created yet, they can create a funding round on the application.
When a funding round has been created, the round leads can:
manage funding round documents
view the funding round’s activity log
delete messages in Participants discussion
send emails to funding round participants
edit the funding round details (such as the round type and target, private mode, visibility of funding interests to the company and in other deal rooms, and more)
share the funding round with investors outside the deal room (e.g. with another investor group) via email or using the funding round link to invite them to join the round
grant any participating deal rooms, funding round participants or the company lead access or revoke their lead access
How to give a deal room member round lead rights for managing funding interests on a specific company application? / How to give a funding round participant round lead rights for managing the funding round?
What rights does the round lead have?
Who have the round lead rights?
The following users have the round lead privileges:
members who have been assigned as the round lead in the Funding tab of a company application
members of lead deal rooms who have “view companies and create funding rounds” or higher companies access in the deal room (those members have the round lead rights for all funding rounds in the deal room)
company if they have created the funding round (and their round lead rights have not been revoked by other round leads) or have been granted the round lead rights by a lead deal room
Lead deal rooms are marked with the “Lead” badge in the “Participating deal rooms” section under the funding round.
The deal room that creates the funding round is the lead deal room by default. Users who have the round lead privileges can make also other deal rooms that join the funding round lead deal rooms or revoke the lead access of any participating deal rooms.
How to give a deal room member round lead rights for managing funding interests on a specific company application? / How to give a funding round participant round lead rights for managing the funding round?
You can do it when you open the corresponding company application, go to the 'Funding' tab and open the additional actions menu of the funding interest of the member you want to make the round lead.
From the menu, choose "Edit" and tick the Lead investor checkbox in the dialogue that opens. Click "Set interest" to save the changes.
The round lead access can be revoked the same way — by editing the funding interest of the member and unticking the "Round lead" checkbox.
What rights does the round lead have?
If you assign someone as a round lead in the Funding tab of a company application, they will have the following privileges.
They can edit the funding interests on the company application, despite whether a funding round has been created or not.
That includes:
adding funding interest on behalf of other investors
updating the amounts and tags of added funding interests
removing funding interests
changing the visibility of names and amounts of interested investors to other members (unless the corresponding information has been configured to always be visible/hidden in deal room settings)
making other participants round leads or removing their round lead status
If a funding round has not been created yet, they can create a funding round on the application.
When a funding round has been created, the round leads can:
manage funding round documents
view the funding round’s activity log
delete messages in Participants discussion
send emails to funding round participants
edit the funding round details (such as the round type and target, private mode, visibility of funding interests to the company and in other deal rooms, and more)
share the funding round with investors outside the deal room (e.g. with another investor group) via email or using the funding round link to invite them to join the round
grant any participating deal rooms, funding round participants or the company lead access or revoke their lead access
Updated on: 02/06/2023
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