For founders: how to improve your Dealroom Signal
In the last several weeks we rolled out a significant new platform feature: Dealroom Signal.
Dealroom Signal is a predictive algorithm to discover the most promising companies based on growth, hiring, timing, and team composition. From our post introducing Dealroom Signal:
Rather than creating a score about a startup’s general quality or performance, Dealroom Signal is aimed at surfacing the most promising upcoming funding opportunities. The algorithm is therefore calibrated to find companies showing strong traction and which are predicted to be lining up for a funding event, or that are round-ready.
In other words, if your Dealroom Signal is lower than expected, that does not mean the algorithm is rating the startup negatively.
That said, as a founder you may be wondering how you can improve your Dealroom Signal.
The best way to improve your Dealroom Signal is to update your company profile and ensure that the most current and accurate information is available. Review your live profile.
Step 1: Access your company profile
To access your profile through the account settings, click on your name (or picture) on the top right corner of the page. Click on the “Your companies” button and click on the company name.
You can also find your company profile using the search bar on the top of the page.
Step 2: Edit your company profile
Once you are on your company profile you can start editing the information by clicking on the pencil button on the right-hand side.
This will display a window with all the editable sections of your company profile. You have the option to update your profile details like the profile picture, company name, address, financials, funding rounds, team, etc.
That’s it! By updating your company information Dealroom Signal will update within 24 hours (assuming new data is available).
If you have any questions about Dealroom Singal, feel free to reach out to us via our support chat.