How to manage Deal Status

Overview

Deal statuses are a visual indicator of a deal's state for investors, enabling them to easily understand what's happening with a particular deal. 

These statuses often reflect where a deal stands in its lifecycle and include options such as "Receiving Bids" and "Closed." 

Custom tags can also be added to the platform if your organisation wants to utilise this feature differently. For example, tags could be used to label sectors or cryptocurrencies.

This help article covers:

• Creating a custom Deal Status Tag

• Editing a custom Deal Status Tag

• How to apply Deal Status Tag to a deal

• Notifying the investors of change of Deal Status

How to create a custom Deal Status

Starting on the home page. Click the hamburger icon (≡) to open the menu. The menu opens in a left-hand sidebar.

Select Settings, which will take you to the settings screen. 

Select Manage Deals.

Open the Deal Status tab.

Click the Add New Deal Status button.

A pop-up will appear asking for the custom Deal Status name and colour. 

Once you are happy with the status and colour, click Save.

How to edit a custom Deal Status

While on the Deal Status tab, click the ellipsis (...) next to the Deal Status you would like to edit.

A dropdown menu will appear, giving you the option to either edit the Deal Status or delete it.

If you select edit, a pop-up will appear prompting you to enter the custom Deal Status name and select a colour. Once you are happy with your edits, click Save.

How to apply a Deal Status to a deal

Click the hamburger icon (≡) to open the menu. The menu opens in a left-hand sidebar.

Click the My Deals button, which will take you to the Explore Deals screen. 

Select the deal you would like to add a Deal Status to.

On this page, locate the Deal Status section and click Manage.

A pop-up will appear, allowing you to choose a status from a dropdown menu. The available options are based on the statuses set up on the platform.

Once a status has been selected, you have two options:

1. Save: This updates the deal with the selected status.

2. Save and Notify: This updates the deal with the selected status and sends an email notification of the change to all current investors who have visibility of the deal.

To notify all investors with visibility of a Deal Status change

Notify current investors about a change in Deal Status.

Simply select Notify in the Deal Status section of Manage Deal.

A confirmation will pop up before sending out notifications.

Once confirmed, an email will be sent to all investors with visibility of the deal, informing them of the status change.