Why Startups Are Using Pitch Decks as Data Rooms

The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones · Jun 17, 2026 · 8m · transcript

In this episode of The Series A Show, Lucas and Luna explore a surprising shift in early-stage fundraising: startups are replacing traditional pitch decks with interactive, data-rich 'pitch decks as data rooms.' They discuss how this approach, pioneered by firms like Carta and backed by Y Combinator, streamlines due diligence and builds investor confidence. Lucas shares a conversation with a founder who closed a $2 million seed round using a single Notion page with live data. They also examine the implications for founders, including the need for real-time metrics and the risk of…