Firmex Virtual Data Room

Over the last few years, virtual data rooms have completely replaced previously used physical platforms. This trend is especially noticeable when it comes to financial due diligence. The very introduction of this solution has played a great role in the transparency and effectiveness of the diligence process. Uploading financial documents to the online data room for due diligence, partners can access the necessary details at any moment, in any time zone and location. Currently, the majority of virtual data room providers offer 24/7/365 access to uploaded documents, guaranteeing their safety and accuracy.

This virtual data room is characterized by an easy document uploading process. A high level of materials protection with a 2-step verification process, data encryption, and dynamic watermarks are beneficial as well. Complex and sophisticated document security measures contribute to the worldwide appreciation of the platform. Thus, Firmex is used by the representatives of the most different industries. It has clients from the energy sector, investment banking, funds, pharmaceutical companies, mining firms, and up to the legal sphere. The platform features a multilingual interface that simplifies the cross-national cooperation and data exchange with investors, potential partners, and employees from other countries.

Firmex is also a reliable data room for M&A, which provides a range of tools for document management and transaction tracking. An opportunity to restrict access and classify users into permission groups gives a chance to lead several projects within a single VDR. A handy consultation function provides a vivid picture of the client’s demands. At the same time, it gives an in-depth insight into the available services and features to match the project you want to start.

Firmex Data Room Review

Firmex is one of the providers that offer secure collaboration with international partners. The world-class platform is convenient for use and available at a competitive cost — no hidden fees or extra charges; only transparent payments for quality services.

Considering the advantages and drawbacks of Firmex data room, it is inevitable to mention the absence of the online support center as the most significant disadvantage. However, the beneficial deal room software and useful features contribute to its popularity:

  • Easy document management;
  • Opportunity to preview materials within the data room;
  • 2-factor authentication;
  • Guaranteed data room for due diligence security;
  • Ability to limit or restrict access to specific materials;
  • User-friendly interface;
  • Transparent pricing.

Firmex features

Features Firmex

Industry Solutions

Biotech Licensing
Clinical Studies
Debt Financing
Distressed Real Estate
Document Repository
Due Diligence
Hedge Funds
M&A Buy Side
M&A Sell Side
Post Merger
Private Equity
Procurement Management
Board Portals
IPO & Exits

Files & Folders Management

File Formats Supported: PDF, MS Office
Drag & Drop Upload of Multiple Files and Folders
Export of Data Room Index to Excel
Document Version Control
Automatic Numerical Indexing of Files & Folders
Desktop Synchronization
Archives Upload & Extraction
Multilingual Documents Index

File Protection & Digital Rights Management

Customizable Document Watermarks
Document Access Expiry
256-Bit SSL/TLS Encryption
Data at Rest Encryption
Granular Document Permissions
View-Only Access
Prevention of Download, Print and Copy
Remote Shredding of Documents
Secure Fence View

Data Hosting

99.9% Uptime Guarantee
SOC 2 Certified
SSAE 16 Certified
Data Backup
ISO 27001 Certified
Virus Scanning

Access Security

Two-Factor Authentications
Granular User Permissions
Permission Groups
Access Expiration
Access Limitation by IP Address
Mobile Device Management

Accessibility & Ease Of Use

No Plugins
Scroll-Through Web-Based Document Viewer
Web-Based Excel Spreadsheets Viewer
iOS Application
User Interface Languages:
Android Application
Mobile Device Interface

Search, OCR & Filters

Search by Name
Search by Content (Full Text Search)
Filtering by Parameters
OCR (Optical Character Recognition)

Collaboration Features

Basic Questions & Answers Module
New Document Email Notifications
Advanced Questions & Answers Module
Secure User Messaging
Files & Folders Notes

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 (Sending to Email)


Branded User Interface
Custom Login Page
Custom User Invitation Letter
Integrations Through APIs
Custom Domain
Custom Agreements for Accessing Data Room
Active Directory Integration
Single Sign-On Integration
Customer-Managed Encryption Keys
Custom Workflows and Features

Support & Services

Business Hours Support
24/7 Email Support
24/7 Phone & Email Support
Support Languages:
Online Help Center
Live Trainings
Dedicated Project Manager
Data Room Archive on DVD or USB Drive
Translation Services

Deployment Options

Cloud (Web-Based)
On-Premise (Installed)
Multiple Datacenter Locations

Trial & Pricing

Free Demo
Free Trial: 14-day trial
Price: Negotiable

Company Info

Established: 2006
Locations: Canada
Employees: 83
Clients: United Mergers & Acquisitions, GCA Savvian, Davy, Kipps DeSanto, CellCentric, Labopharm, Excaliard Pharmaceuticals, Biodel, BioWest Therapeutics, OSI Pharmaceuticals, NuPathe, Lawson Products, RNC , First Quantum Minerals LTD., Sem Af