Top Pick

DealRoom Description

DealRoom is a lifecycle management platform for professionals involved in complex finance transactions like M&A. Our platform offers secure data storage, diligence management, and pipeline management. It also allows for overall project management. Our goal is to assist teams in creating a better M&A process. This allows for innovation, value-creation, and the original vision of the deal to be maintained and implemented.

Why was DealRoom started?
M&A is perhaps the most complex, information-dense and unpredictable process within the corporate sector. Transactions begin with the promise of innovation and value creation by combining the strengths and cultures of two unique entities. However, initial goals are often lost. As deals continue to grow in quantity and transaction size, DealRoom aims to create a more collaborative, people-driven and equitable M&A process that focuses on the original vision of innovation. Mission Statement.

How does DealRoom differ from other providers? Unlike other providers, DealRoom has project management capabilities to improve a client’s overall process and eliminate common inefficiencies such as Excel trackers, one-off emails, and unsafe file sharing.

Pricing

Pricing Starts At:
$1000.00/month
Free Trial:
Yes

Integrations

API:
Yes, DealRoom has an API

Reviews - 67 Verified Reviews

Total
ease
features
design
support

Company Details

Company:
DealRoom
Year Founded:
2012
Headquarters:
United States
Website:
dealroom.net
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Product Details

Platforms
SaaS
Type of Training
Documentation
Live Online
Webinars
In Person
Videos
Customer Support
Phone Support
24/7 Live Support
Online

DealRoom Features and Options

Virtual Data Room Software

Anonymity Management
Audit Trail
Collaboration
Data Protection
Data Storage Management
Document Tagging
Due Diligence Management
Procurement Management
Project Management
Role-Based Permissions
Secure Preview

Task Management Software

Collaboration
Create Subtasks
Gamification
Gantt Charts
Mobile Access
Percent-Complete Tracking
Progress Tracking
Recurring Tasks
Reporting/Analytics
Spreadsheet View
Task Board View
Task Planning
Task Scheduling
Task Tracking
Time Tracking
To-Do List View

Work Management Software

Access Roles / Permissions
CRM
Calendar Management
Collaboration Tools
File Storage / File Sharing
Kanban
Messaging / Discussion
Performance Metrics
Project Management
Reporting / Analytics
Resource Management
Strategic Planning
Task Management
Time Tracking
Version Control
Workflow Management

Data Governance Software

Access Control
Data Discovery
Data Mapping
Data Profiling
Deletion Management
Email Management
Policy Management
Process Management
Roles Management
Storage Management

DealRoom Lists

  • Name: Anonymous (Verified)
    Job Title: People Manager
    Length of product use: 1-2 Years
    Used How Often?: Monthly
    Role: Administrator
    Organization Size: 1 - 25
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    Convenient M&A Platform

    Date: Apr 24 2023

    Summary: Overall, been very pleased with the software, and so has the rest of my team. Also customer support is helpful when needed.

    Positive: Was easy to learn and onboard other team members. user interface is clean. has all the necessary key features.

    Negative: I have had no issues with the platform and will continue to use it.

    Read More...
  • Name: K A.
    Job Title: Corporate Development
    Length of product use: 6-12 Months
    Used How Often?: Weekly
    Role: User, Deployment
    Organization Size: 100 - 499
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    Perfection

    Date: Apr 13 2023

    Summary: My company used DealRoom and it's the quickest I've ever caught on to a new software. Some of these data rooms can be very complex, confusing, and overpriced. That was not the case with DealRoom.

    Positive: -The storage space for the price
    -The ease of onboarding
    -Real-time updates
    -Easy to tag others in tasks

    Negative: -Not applicable

    Read More...
  • Name: Anonymous (Verified)
    Job Title: Vice President, M&A
    Length of product use: 2+ Years
    Used How Often?: Weekly
    Role: User, Administrator, Deployment
    Organization Size: 1,000 - 4,999
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    Preferred Platform with Best Features

    Edited: Mar 01 2023

    Summary: Used all providers previously, however exclusively use DealRoom since switching. Most user-friendly platform with best features.

    Positive: Very user friendly (even for first time users).
    Most useful and helpful features that other providers to not offer.
    Team is responsive and easy to work with.

    Negative: N/A - preferred platform of choice with most helpful / user-friendly features.

    Read More...
  • Name: Anonymous (Verified)
    Job Title: IB Analyst
    Length of product use: 6-12 Months
    Used How Often?: Monthly
    Role: User
    Organization Size: 100 - 499
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    Stout DealRoom review

    Date: Sep 22 2022

    Summary: I have had a great experience overall with deal room. My coworkers also like the ease of use the platform provides and our customers really like the affordability of the platform. I would recommend deal room.

    Positive: Super user friendly, not overly complicated, and relatively inexpensive. I would recommend this to anyone who wants an easy to use data room for their client at a relatively affordable price. Our clients seem to also have no issues with the deal room platform.

    Negative: The platform doesn't have all the perks of some platforms such as the question and answer features, CIM and teaser watermarking capabilities, and other items, but in my everyday experience I usually prefer ease of use over some of these items I just mentioned.

    Read More...
    DealRoom Company Response
    Date: Sep 23 2022
    Thank you for your review! Happy to hear the platform has been easy to use!
  • Name: Torsten M.
    Job Title: CRO
    Length of product use: Less than 6 months
    Used How Often?: Weekly
    Role: User
    Organization Size: 26 - 99
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    DealRoom User View

    Date: Dec 16 2021

    Summary: As a user I am happy with DealRoom and I believe it will save us time keeping the docs together.

    Positive: - The way to add files and documents.
    - Tracking activities.
    - Adding users in different roles.
    - Separation of deal rooms.

    Negative: - At the beginning it was not fully intuitive in the way of usage.
    - The pricing is for smaller companies challenging.

    Read More...
  • Name: Anonymous (Verified)
    Job Title: Sr. Director of Development
    Length of product use: Less than 6 months
    Used How Often?: Daily
    Role: User, Administrator, Deployment
    Organization Size: 1,000 - 4,999
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    Excellent VDR; best in the market

    Date: Dec 15 2021

    Summary: Amazing product with great support. Fully recommend it if cost is not an issue (although a good selling point is that it can help you close a deal faster so it pays for itself).

    Positive: -Al the features to manage an entire deal, integration, and deals pipeline
    -The security it offers is only matched by a handful of other software, but without all the features
    -Easy to use
    -Support is amazing

    Negative: -The price is high
    -Matching data room folders and requests take some time

    Read More...
    DealRoom Company Response
    Date: Dec 16 2021
    Thank you for your review and feedback!
  • Name: Dolores J.
    Job Title: Legal Assistant
    Length of product use: Less than 6 months
    Used How Often?: Weekly
    Role: Administrator
    Organization Size: 26 - 99
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    DealRoom Review

    Date: Oct 08 2021

    Summary: I would recommend the DealRoom to anyone in need of this type of service. Excellent quality, would definitely recommend!

    Positive: I found that navigating the DealRoom was very user friendly. A great deal of training is not needed to get started.

    Negative: I did not experience any cons since I have been using DealRoom.

    Read More...
    DealRoom Company Response
    Date: Dec 16 2021
    Thank you for your review, Dolores! Happy to hear you found the platform user-friendly.
  • Name: Anonymous (Verified)
    Job Title: Comptroller
    Length of product use: Less than 6 months
    Used How Often?: Weekly
    Role: User
    Organization Size: 26 - 99
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    It's OK

    Date: Oct 06 2021

    Summary: It's ok. Nothing to brag about but works the way it is advertised. Easy interface and lots of support options.

    Positive: Does what it advertised for. I don't often use it but it's a basic program that can be picked up quickly.

    Negative: The icons can be a little bigger. Would make it easier to see.

    Read More...
  • Name: Anonymous (Verified)
    Job Title: Tax Manager
    Length of product use: 1-2 Years
    Used How Often?: Daily
    Role: User
    Organization Size: 20,000 or More
    Features
    Design
    Ease
    Support
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    Great Featuers

    Date: Oct 06 2021

    Summary: DealRoom is one of the best, if not the best data room I have used, and I've had experience with 7-10.

    Positive: DealRoom features an easy to use interface, with all the the extra features I want, from being able to download documents with the index number and name intact or being able to filter by "new."

    Negative: Occasionally, if a batch download is too large the index number and names do not correctly download, but this is rare.

    Read More...
  • Name: Anonymous (Verified)
    Job Title: Corporate Attorney
    Length of product use: 6-12 Months
    Used How Often?: Monthly
    Role: User
    Organization Size: 1 - 25
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    Useful Effective Tool for Managing Due DIligence

    Date: Oct 06 2021

    Summary: Overall, I have had a very positive experience using DealRoom to manage the due diligence process.

    Positive: DealRoom is an excellent resource for organizing and managing the due diligence process. I use it principally for M&A transactions, where it's important to make large volumes of documents readily accessible and also to carefully restrict access. DealRoom handles both tasks very well.

    Negative: The user interface could be improved to enable more drag and drop functionality.

    Read More...
  • Name: Anonymous (Verified)
    Job Title: Principal
    Length of product use: 1-2 Years
    Used How Often?: Weekly
    Role: User
    Organization Size: 1 - 25
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    DealRoom defines efficiency

    Edited: Jul 12 2021

    Summary: DealRoom is a well designed product from the customer experience to the backend that handles processing time other features such as uploading. I am very impressed with this product.

    Positive: Very intuitive interface makes locating and downloading documents very easy. In addition, the new document notification and proactive features of DealRoom is fantastic. I have been dealing with virtual data rooms since their inception, and I am really impressed with this product.

    Negative: I have not found any flaws in the DealRoom product.

    Read More...
    DealRoom Company Response
    Date: Jul 05 2021
    thank you for your review! happy to hear you found the platform intuitive and easy to use!
  • Name: Anonymous (Verified)
    Job Title: Vice President, Tax
    Length of product use: Less than 6 months
    Used How Often?: Daily
    Role: User
    Organization Size: 1,000 - 4,999
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    TWN

    Date: Jul 01 2021

    Summary: I have dealt with a number of data rooms and the organization of the data and the viewing of the information available was convenient.

    Positive: It was easy to use, received emails when new data was available and if I was in the data room I was able to look at those documents that were recently added.

    Negative: Initially it did not leave me signed in long enough so that is I left it idle it would kick me out. I sent an email and the problem was fixed.

    Read More...
  • Name: Ankit H.
    Job Title: Corporate development
    Length of product use: 2+ Years
    Used How Often?: Monthly
    Role: User, Deployment
    Organization Size: 20,000 or More
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    Great VDR software for the deal experts

    Date: Jul 01 2021

    Summary: 9/10 for a high performance VDR tool for a deal administrator. Like the M&A community essence associated with the product.

    Positive: Easy to use, great features, a lucid design and workflow with 24/7 support at affordable pricing. Easy to use design makes it better than other softwares.

    Negative: Response time can be improved for the support services for the firm.

    Read More...
  • Name: Sam P.
    Job Title: Account Executive
    Length of product use: 6-12 Months
    Used How Often?: Weekly
    Role: User
    Organization Size: 500 - 999
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    Great tool for intracompany collaboration!

    Date: Jul 01 2021

    Summary: My experience has been fantastic. DealRoom has helped to streamline and maximize efficiency in areas of my job that were formerly very cumbersome.

    Positive: DealRoom has made project management between different agencies a breeze. The portal is very intuitive and easy to use. I was able to log in and immediately begin working on projects without a learning curve.

    Negative: There really isn't much to like with DealRoom. The only thing I would want more out of the platform is the ability to track progress on items that are outstanding.

    Read More...
  • Name: Anonymous (Verified)
    Job Title: Associate
    Length of product use: 6-12 Months
    Used How Often?: Weekly
    Role: User
    Organization Size: 1 - 25
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    Great Service and Product!

    Edited: Oct 06 2021

    Summary: Overall my experience with the user interface and product were top notch! The service and experience working with the team has always been a pleasure and so helpful during busy deal activity - definitely helps stay organized and enhance work on deal!

    Positive: Overall the product has great technology and user interface. It is very easy to use and work with for all projects. Lots of great functionality too - great product overall!

    Negative: Generally the product works great and there are little issues or challenges.

    Read More...