Last Update: October 25, 2022
Drooms Data Room
3.17/5.0
drooms, drooms logo, drooms icon

Drooms Data Room

3.17/5.0
Year Founded: 2001
Headquarters: Munich, DE

Drooms data room overview

Drooms is a leading German provider of virtual data rooms for various confidential business processes and secure management of confidential documents. This platform actively implemented machine learning technology to make its solutions and services more intuitive and easy to use. 

For now, Drooms supports six languages: English, German, French, Italian, Dutch, and Spanish. In addition, Drooms pricing policy for individuals is very flexible, and the platform allows every new user to sign up for a 30-day free trial.

Drooms was founded in 2001 by legal and M&A experts in Europe. The co-founders, Alexandre Grellier (a lawyer and specialist in security compliance and transactions) and Jan Hoffmeister (a mergers and acquisitions specialist) were the pioneers of VDR services in Europe. 

The company’s two headquarters are located in Zug, Switzerland, and Frankfurt, Germany. However, as Drooms became more trusted and started to slowly improve their solutions, branch offices in Amsterdam, London, Paris, Milan, Viena, and Madrid opened. 

A Drooms virtual data room is not the only software piece available on the platform. They also help perform external security audits and provide asset management with many efficient solutions for documents vulnerability management. 

Even though Drooms data room software is used mostly by real estate agents and large corporations, it is also well-suited for other industries. Nowadays, more than 30,000 professionals worldwide have become Drooms clients.

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

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

0/5.0
Software Advice

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

0/5.0
Capterra

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

4.64/5.0
GetApp

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

4.64/5.0
Pricing

Drooms pricing: Drooms data rooms offer a per user, per feature cost model. Plans start at $14.45 per user per month. Q&A, index allocation, and advanced permission features each add an additional charge of $5.60 per user per month. Drooms also offers a fully customizable plan with unlimited users and unlimited storage capabilities. Contact the provider for a customized quote.

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

drooms products

Drooms provides a range of products that help businesses protect sensitive documentation and share it with potential partners. For now, the company provides the following solutions:

  • Drooms PORTFOLIO: An easy-to-use cloud-based portfolio manager with an intuitive interface
  • Drooms TRANSACTIONS: Due diligence virtual data rooms to share and store confidential files
  • Drooms FLEX: Virtual data rooms for multiple users, an excellent choice for any company

A Drooms VDR is available on all PC operating systems and browsers. Users can easily share stored information with all employees and parties via their phone, computer, or laptop.

For mobile access, users can download the iOS app. However, an Android version is currently unavailable.

what does a drooms data room do best?

Thanks to the AI-based interface, many new features have become available in the Drooms data room, including smart workflows, users’ live training, branding customizations, and smart audits

With Drooms PORTFOLIO, users can forget about having to deal with the repetitive manual processes of adding new pieces. Instead, an intelligent downloading system does all of the work, so users only need to make minor adjustments. A Drooms data room is also useful for:

  • Assets lifecycle management
  • Sourcing and digitization
  • Documents analysis and storage
  • Fundraising
  • Due diligence

For now, among the users of Drooms products are primarily legal, real estate, corporate finance, life science, and energy businesses. Still, there are many opportunities for startups, especially with fundraising processes. 

In addition, it is the best solution for European customers, as Drooms offers support 24/7 via phone and mail in six European languages.

drooms compliance certificates

Drooms’ virtual data rooms are not hosted on public servers. Instead, the platform will provide all uploaded data hosting via privately owned servers located in Switzerland and Germany. Only Drooms’ certified employers have access to details regarding hosted files for technical purposes, which ensures a high level of data protection. 

Here is the list of Drooms data room compliance certificates that guarantee extra security:

  • ISO 27001:2013
  • ISO 27018
  • General Data Protection Regulation (GDPR)
  • Alternative Investment Fund Managers Directive (AIFMD)

Drooms keep users’ data and all clients’ details safe thanks to the encryption at rest process and secure-tier architecture. In addition, any data processing, collecting, and indexing processes take place exclusively in Germany. The only exception is Swiss clients, who have storage in Switzerland.

drooms advantages

Drooms features and AI-based architecture provide a broad range of various advantages. Among them, for example, are:

  • A wide range of branding opportunities
  • A fast full-document search feature
  • Two-factor SMS authentication
  • The capability for personalized highlights and notes in any documents
  • A customizable data room look to make workflow easier and more comfortable
  • 24/7 user support via phone and email
  • Numerous AI features: auto-allocation, auto-naming, and finding manager

drooms customers

Nowadays, Drooms has more than 30,000 clients around the globe, with about 70% of users located in Europe. Here is a list of the most well-known clients from different industries:

  • Real estate: Adler Group, Place4YOU, AERIUM, Schroders, Allianz, TCP Brokerage, Anngerman, CONREN Land Management
  • Legal: Arnecke Sibeth, Cabinet Tripoz, EY, FPS, Fratta Pasini & Associati, Gide Loyrette Nouel, Heuking Kühn Lüer Wojtek
  • Life sciences: Bergmann zur Hausen & Cie. GmbH, Cellact Pharma GmbH, Cis Pharma, Conalliance M&A Advisors for the Healthcare Industry, Gedeon Richter, Klosterfrau Healthcare Group
  • Energy: BayWa re, BayWa re, Eaton Corporation, energiebunker, Global Wind Power, H2V INDUSTRY, La Compagnie du vent, EWE, EOLFI
  • Corporate Finance: Extenso Finance & Transmission, Carey Group, DMA, FAIT Group SPA, Evonik IPO, HR Ventures

Drooms is used for various due diligence processes, mergers and acquisitions, data sharing and storing, machine analysis of sensitive documentation, and asset lifecycle management. This platform also has great potential for startup fundraising.

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