DealRoom Software


dealroom, dealroom logo, dealroom icon
-1% above average
4.17/5.0

Software Details

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Free Trial
logo14 Days

Free Demo
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Deployment
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SaaS
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Web
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Cloud
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Linux
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Android
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Windows
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iOS

Support
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24/7/365
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Local Centers
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Live Chat
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Email&Phone
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Online Help Center
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Personal Manager

Training
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Live Training
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Webinars
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Live Online
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Documentation
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In-person

Software Screenshots

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DealRoom data room review

DealRoom launched in 2013 and is headquartered in Chicago, Illinois, USA. Despite being younger than some of its competitors, DealRoom VDR software is widely recognized as an effective, feature-rich solution for project management and M&A deal processing. The service is not cheap. DealRoom VDR provider caters to medium and large-sized companies across many industries. It was created by people who focused on simplifying M&A transactions. 

DealRoom provider offers tailored solutions for all stages and roles in the M&A process. The provider secures sensitive files while simultaneously allowing convenient document viewing to the users with appropriate access privilege levels. The DealRoom VDR software users also highlight enhanced collaboration features and a straightforward, modern interface.

  • DealRoom data room offers proof of several industry-defining security standard certifications, such as SSAE 16 SOC 1, SOC 2, FISMA, HIPAA, and ISO 27001.
  • The DealRoom customer support team is available 24/7 via live chat, phone, or email. Some users report longer than expected response times. 

There are templates for due diligence, integration, portfolio management office, and many others. Administrators control access to the database. The function of downloading or copying a document may be disabled. The senders can control access to the file even after sending it. Fence View and encryption provide an extra level of security deal room software. Resting-state data is also encrypted. To prevent unauthorized access to protected data, users must complete 2-Step Verification. They have to enter the password from a message sent to their mobile phone or another device.

The software supports files of any format. Consequently, a user does not install additional programs or plugins. The same goes for viewing. It is possible regardless of the format right on the platform without downloading. Among the tools for communicating with colleagues, there are chats, a Q&A module, the ability to leave comments under a file or folder. These options save time. A specific person or group of people are notified of new messages or comments.

Managers control access to the platform and the use of certain functions. By dividing members into groups, they grant them action permissions. For example, only a few people from an organization have access to the most confidential information. It is one of the ways to prevent misconduct. Although administrators manage VDR users, they also can monitor them. The program generates activity reports, which contain information about everything that happens in virtual workspaces. This way, the organization’s bosses can track the interests of investors or potential buyers.

 

Global Rating

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g2-logo
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G2 is a peer-to-peer review site that was launched with a focus on aggregating user reviews for business software.

Average:
/5.0
capterra-logo
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Capterra is a global platform that provides research and user reviews on software applications for businesses.

Average:
4.60/5.0
software-advice-logo
i

Software Advice is a company that provides advisory services, research, and user reviews on software applications for businesses.

Average:
4.57/5.0
getapp-logo
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GetApp is software review platform that provides independent evaluations based on user ratings and social data of SaaS and Cloud Apps.

Average:
4.57/5.0

Pricing

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Single
Use for: Small size business needs.

5GB data storage

Project Management Features

Data Room Features



$1250 USD / month

Professional
Use for: Middle size business needs.

20GB data storage

Project Management Features

Data Room Features

Customize logo and colors

Custom reporting



$3000 USD / month

Enterprise
Use for: Large size business needs.

50GB–1TB data storage

Project Management Features

Data Room Features

Customize logo and colors

Custom reporting

Private Instance



Price not available

DealRoom pricing: DealRoom provider offers three pricing solutions: Single Room, Professional, and Enterprise. Users have the option of paying monthly or annually. Monthly prices start at $1,250 for the Single Room plan and $3,000 for the Professional plan. Contact DealRoom to request a custom quote for their Enterprise plan. The price of the DealRoom VDR software is on the medium-high side as compared to other providers in the same category. Most users point out that the prices are more cost-effective for long-term projects. The two-week free version allows customers to test the product. DealRoom provider is a popular choice of a virtual data room for medium and large businesses.  It is an M&A lifecycle management software designed for collaboration and responsiveness. It specializes in providing a deal on the basis of digital platforms and is suitable for any business size clients. DealRoom managers guarantee high-level technical support, full customer maintenance during the transaction. This is a high price provider that's why DealRoom VDR services are appropriate for middle or large-sized businesses.

Features

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SECURITY & HOSTING
Two-Factor Authentications
Access Expiration
Access Limitation by IP
ISO/IEC 27001:2013 Certified
SOC 1 Certified
GDPR Compliant Certified
HIPAA Compliant Certified
99.9% Uptime Guarantee
SSAE 16 Certified
Data Backup
Virus Scanning
Multiple Datacenter Locations
ACCESSIBILITY & EASE OF USE
No Plugins
Scroll-Through Document Viewer
Web-Based Spreadsheets Viewer
Mobile Device Interface
Search Filter by Name
Search Filter by Content
Optical Character Recognition
Filtering by Parameters
Automatic Numerical Indexing
Drag & Drop Upload
Desktop Synchronization
Archives Upload & Extraction
Document Version Control
Multilingual Documents Index
FILE PROTECTION & USER MANAGEMENT
Granular Document Permissions
View-Only Access
Prevention of Download and Copy
Remote Shredding of Documents
Customizable Document Watermarks
Secure Fence View
Document Access Expiry
256-Bit SSL/TLS Encryption
Data at Rest Encryption
Granular User Permissions
Permission Groups
Mobile Device Management
ACTIVITY TRACKING & REPORTING
Tracking of All User Activity
Real-Time Audit Trail
Graphic Reports
Exporting Reports to Excel
Tracking of Document Viewing Time
Scheduled Reports
COLLABORATION FEATURES
Basic Q&A Module
Advanced Q&A Module
Secure User Messaging
New Document Email Notifications
Files & Folders Notes
CUSTOMIZATION
Branded User Interface
Custom Domain
Custom Login Page
Custom User Invitation Letter
Custom Access Agreements
Active Directory Integration
Single Sign-On Integration
Managed Encryption Keys
Integrations Through APIs
Custom Workflows and Features