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What is Drooms?

Drooms Hub is an AI-powered virtual data room platform that helps organisations securely manage confidential documents and information throughout complex business processes. It is used for due diligence, M&A, fundraising, real estate transactions and other sensitive projects. The platform enables teams to manage multiple data room projects through one central subscription, with secure document organisation, granular access controls, activity monitoring and collaboration for internal and external stakeholders. Drooms Hub provides integrated Q&A, built-in redaction, document translation, secure chat, automated indexing and reporting. An in-house AI Assistant supports faster document review and information discovery, while long-term document and asset lifecycle management helps organisations stay prepared for future transactions and projects. Drooms serves organisations internationally across real estate, corporate finance, financial services, legal services, energy and other industries that manage sensitive business information.

What is DealTrack?

DealTrack is an innovative deal management platform that employs a proprietary scoring algorithm to easily determine which prospects deserve further investigation. It simplifies the entire due diligence workflow, enabling users to complete tasks ranging from data collection to generating insights within a single interface, thus saving over 2,300 hours of manual effort annually. By leveraging Machine Learning and Artificial Intelligence, the platform evaluates more than 1.5 million data points across 50 different parameters and subparameters for each company, leading to assessments based on five unique scoring results. Users can either rely on the algorithm's suggestions or tailor their own evaluations by adjusting the weight of each scoring outcome. Additionally, by enhancing the Deal Score with pertinent market benchmarks, DealTrack serves as a reliable foundation for informed decision-making, helping users maintain a competitive edge. As it transforms the landscape of deal management and analysis, DealTrack empowers organizations to make smarter, more strategic choices in their business endeavors. Ultimately, this platform is poised to redefine how companies approach opportunities and manage their deals successfully.

Media

Media

Integrations Supported

Integrations Supported

LeadsBridge

API Availability

API Availability

Pricing Information

€49/month
3 data room projects, Secure document management in data rooms and portfolio views, Controlled access and permissions, Document collaboration with clear ownership, 24/7 email support, Unlimited data room projects, Advanced reporting and audit-ready insights, Batch operations and translations, Flexible scaling of storage and users, Extra services available on demand
Free Version

Pricing Information

Pricing not provided

Supported Platforms

SaaS
iPhone
iPad
Windows
Mac

Supported Platforms

SaaS

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Drooms

Date Founded

2001

Company Location

Germany

Company Website

www.drooms.com

Company Facts

Organization Name

DealTrack

Date Founded

2018

Company Location

Singapore

Company Website

dealtrack.io

Categories and Features

Due Diligence

Not specified

Virtual Data Room

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

Categories and Features

Due Diligence

Not specified

Sales

Not specified

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Popular Alternatives

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