Last update: March 14, 2024
Diligent Data Room
4.22/5.0
Diligent VDR

Diligent Data Room

4.22/5.0
Year Founded: 1994
Headquarters: New York, NY

Diligent virtual data room overview

A Diligent VDR provides tools and features aimed to help businesses with governance. Thanks to its services, corporations can share information securely, communicate effectively, and enhance decision-making.  

Diligent was founded in 1994 in New York. Now It has offices all around the world, specifically in Canada, Ireland, the UK, Germany, and China. Over 25,000 customers and 1 million users from 130 countries choose it as their secure virtual data room provider today.  

Insight Partners acquired Diligent for $624M on Feb 16, 2016.  Since then, Diligent has also time and again acquired other businesses. Among them are Steele, Accuvio Sustainability Software, Brainloop, BoardPad, and more. After acquiring Galvanize, Diligent has become the largest SaaS governance, risk, and compliance (GRC) provider.

New users can request a demo to see Diligent in action by filling out the contact form on their website. A sales representative can help with personalizing demo details and discuss Diligent data room pricing. 

Software Details
Deployment
Web
Cloud
SaaS
Linux
Android
Windows
iOS
Support
24/7/365
Local Centers
Live Chat
Email&Phone
Personal Manager
Online Help Center
Training
Live Training
Documentation
In-person
Webinars
Live Online
Free Trial
No
Free Demo
Yes
Global Rating
G2

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

4.60/5.0
Capterra

Capterra is a global platform that provides research and user reviews on software applications for businesses.

0/5.0
Software Advice

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

4.74/5.0
GetApp

GetApp is software review platform that provides independent evaluations based on user ratings and social data of SaaS and Cloud Apps.

0/5.0
Pricing

Diligent does not provide information about its tariff plans and prices for virtual data room services. For information about the diligent data room price, you need to contact technical support on the official website of the provider.

Alternatives
4.22 / 5.0
Starts from: Not provided
G2

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

4.60/5.0
Capterra

Capterra is a global platform that provides research and user reviews on software applications for businesses.

0/5.0
Software Advice

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

4.74/5.0
GetApp

GetApp is software review platform that provides independent evaluations based on user ratings and social data of SaaS and Cloud Apps.

0/5.0
4.78 / 5.0
Starts from: Not provided
G2

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

4.70/5.0
Capterra

Capterra is a global platform that provides research and user reviews on software applications for businesses.

4.80/5.0
Software Advice

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

4.80/5.0
GetApp

GetApp is software review platform that provides independent evaluations based on user ratings and social data of SaaS and Cloud Apps.

4.80/5.0
4.88 / 5.0
Starts from: $400/month
G2

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

4.8/5.0
Capterra

Capterra is a global platform that provides research and user reviews on software applications for businesses.

4.9/5.0
Software Advice

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

4.92/5.0
GetApp

GetApp is software review platform that provides independent evaluations based on user ratings and social data of SaaS and Cloud Apps.

4.9/5.0
Features
security & hosting
Two-Factor Authentications
Access Limitation by IP
ISO/IEC 27001:2013 Certified
SOC 1 Certified
SSAE 16 Certified
Access Expiration
GDPR Compliant Certified
HIPAA Compliant Certified
99.9% Uptime Guarantee
Data Backup
Virus Scanning
Multiple Datacenter Locations
accessibility & ease of use
Web-Based Spreadsheets Viewer
Search Filter by Name
Search Filter by Content
Optical Character Recognition
Filtering by Parameters
Automatic Numerical Indexing
Drag & Drop Upload
Archives Upload & Extraction
Multilingual Documents Index
No Plugins
Scroll-Through Document Viewer
Mobile Device Interface
Desktop Synchronization
Document Version Control
file protection & user management
Granular Document Permissions
View-Only Access
Prevention of Download and Copy
Secure Fence View
Document Access Expiry
256-Bit SSL/TLS Encryption
Granular User Permissions
Permission Groups
Remote Shredding of Documents
Customizable Document Watermarks
Data at Rest Encryption
Mobile Device Management
activity tracking & reporting
Tracking of All User Activity
Real-Time Audit Trail
Scheduled Reports
Graphic Reports
Exporting Reports to Excel
Tracking of Document Viewing Time
collaboration features
Basic Q&A Module
Secure User Messaging
Files & Folders Notes
Advanced Q&A Module
New Document Email Notifications
customization
Branded User Interface
Custom Access Agreements
Active Directory Integration
Single Sign-On Integration
Custom Workflows and Features
Custom Domain
Custom Login Page
Custom User Invitation Letter
Managed Encryption Keys
Integrations Through APIs
Read More

diligent data room software solutions

Diligent offers a range of products and services to help companies succeed in governance, risk, compliance, and audits.

  1. GRC platform. Collect, store, analyze, and manage all GRC data on one secure and user-friendly platform.
  2. Board portal. Run board meetings more efficiently, both in person and remotely. You can also save time on taking minutes and simplifying board evaluations and questionnaires.
  3. Entity governance management. Centralize, manage, and structure your corporate records. This results in entity governance enhancement, ensures compliance, and mitigates risk. 
  4. Executive compensation portal. Do an in-depth performance analysis using a variety of metrics, compare executive compensation practices, and make the best decisions about shareholder returns.
  5. Cyber risk scorecard. Improve cybersecurity and manage reputational risk more effectively and confidently.

best for

Diligent is the best solution for medium and large businesses with 200-1000+ employees. The industries that benefit from the company’s services include:

  • Finance
  • Broadcasting and telecommunications
  • Education 
  • Healthcare 
  • Legal 
  • Real estate and construction
  • Retail 
  • Private equity 
  • Transportation and warehousing 
  • Technology 
  • Government
  • Manufacturing
  • Non-profit 

Companies use Diligent features and tools mostly for: 

  1. M&A activity. Entity management software developed by Diligent helps businesses close M&A deals faster and easier.
  2. Audit and analytics. Users can conduct more audits in less time and turn them into a strategic advantage with analytics tools and audit management software.
  3. Compliance and ethics. With a policy management solution, companies achieve compliance clarity and reduce human error. 
  4. ESG. Users can collect all ESG data into one platform, automate ESG activities, and track their progress to stay ahead of competitors. 
  5. Risk management. Integrated risk management solutions allow businesses to reduce penalties, identify vulnerabilities, and avoid reputational damage. 

compliance certificates

Security is a top concern for board members and executives all around the globe. That’s why the Diligent corporation has obtained all security certifications necessary to guarantee data protection.

  1. ISO 27001:2013 for information security 
  2. ISO 27017:2015 for cloud security controls 
  3. ISO 27018:2019 for personal data protection
  4. SSAE 18/ ISAE 3402 SOC for the protection of system resources against unauthorized access
  5. SSAE 18/ ISAE 3402 SOC for the protection of resources against unauthorized access
  6. HIPAA for complying with the standards for protecting the privacy and security of personal health information

Let’s now look at Diligent’s security tools and features.

  • Best-in-class encryption to protect your organization’s data. 
  • An encrypted app built for privacy and discoverability.
  • Dynamic watermarking to indicate ownership rights and to add protection during financial transactions.
  • Document activity tracing to see who accessed a file and when. 
  • Phishing prevention to avoid a data breach.

advantages of a diligent virtual data room

Here’s what Diligent’s customers like the most about the platform: 

  • User-friendliness. Both administrators and users find Diligent features intuitive and easy to learn.
  • Award-winning customer service. Clients appreciate quick and professional customer support delivered 24/7/365.
  • Continuously improving functionality. User interface and product features remain modern and up-to-date with current business demands.
  • Diligent messenger. Board members highly praise this feature, as it helps them to communicate outside the board securely.
  • Simplified cap-table management. Clients truly enjoy the tools helping to keep cap tables accurate while setting a foundation for capital raising.
  • Dependable security. Multiple security layers and security certificates ensure there are no hacks or leaks.
  • Convenient management tools. Among them are reminders, surveys, polls, e-signatures, digital approvals, shared annotations, and virtual meeting integration.

customers

There are over 25,000 Diligent VDR customers from 130 countries. These are mainly medium and large-sized businesses. They use the service for a variety of purposes, including due diligence, M&A, capital raising, and board collaboration. 

Let’s have a look at the company’s clients and their industries.   

  • Finance: Mastercard, Barclays, Community First, Afterpay
  • Broadcasting and telecommunications: AsiaSat, Nine, Televisa, Amaysim
  • Education: Boston University, Carnegie Mellon University, UGA
  • Manufacturing: Parker, BiC, Bombardier
  • Private equity: Insight Partners, Blackstone, Cambridge Innovation Capital
  • Energy: Inergex, British Gas, Electricity North West, Lonmin
  • Real Estate: Shaftesbury, Edens, Intu
  • Healthcare: Sparrow, Medtronic, Talkspace, GBMC
  • Retail: 7-Eleven, Casper, Super Retail Group.
  • Non-profit: Habitat for Humanity, Carnegie Hall, Smithsonian
FAQ

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