Datasite Diligence Virtual Data Room Reviews

No other peer comes close to having the feature set Datasite does, they may be slightly higher priced than others but the product is premium and therefore deserves premium pricing - it's worth it for all parties involved in an M&A transaction!

This platform has great functionality, ease of use, customer support, and is ahead of its peers in every regard.

Some of the login / logout flows don't work properly where you get redirected to the front page after looking at a specific document.

overall, very happy with Datasite VDRS - easily my favorite VDR provider. Eager to see what AI tools can be developed and incorporated directly into the product

Super fast and easy to use; love that it opens files in separate browser windows; downloads are easy and I like the option for different file name formats

Times out too quickly; needs better integration with XLS documents

Overall, my experience with Datasite has been extremely positive. The platform's ease of use and well built framework provides so much relief for heavy data room users. I never have to worry because I know that buyers are always on board when Datasite is being introduced as the VDR!

Datasite has made the VDR process a lot more intuitive and efficient. Its so easy to have one platform that everyone feels comfortable using (buyers, sellers and clients).

The essential capabilities are so awesome including analytics, search functionality, tracking and redaction.

Performing bulk downloads can be lengthy and difficult

Datasite is my go-to choice for a virtual data room, as a former i-banker and current PE investor! The sleek design and advanced search function, as well as detailed notifications for new document uploads, are some of my favorite highlights. I always am happy when I see a target company has chosen Datasite (versus some of the other well-known competitors).

I love the notifications / updates and how you can track what has been recently loaded by the seller (other data rooms do not have that functionality). I also like the sleek design (there are other VDRs out there that look 10+ years older than Datasite)

The interface of the screen(s) to upload documents was a bit non-intuitive for my portco's mgmt. team (minor comment - I found it intuitive)

Great experience and easy user interface. Notification emails are prompt and can be tailored to user needs.

- SSO login with no need to type username / password
- Easy to navigate
- Good customer support
- Quick downloads

Only cons are when administrator enables security features making files / folders difficult to download (e.g., in bulk) or viewable only on-screen.

Easy to tell if I reviewed one document or not. Elegant user facing platform. easy to navigate.

Easy to search.

Could do a better job on search and may build in some AI feature to facilitate review.

I am a frequent user of Datasite. I am impressed with its functionality in making the process of completing due diligence easier.

I use the Datasite platform a lot. I find that it is user friendly and very easy to navigate through the folders and documents. I like that it has a folder for "new" documents and another for "downloads", which makes it easier to find what you need in a timely manner.

There isn't anything in particular that I don't like about Datasite.

Overall, good and easy to use platform, however could be more cost efficient to be comparable to other options.

Easy to use and navigate across all features. Streamlines the diligence process and makes getting information and questions over easier.

Can be more costly than other alternatives in general.

I have been using Datasite since I started in my role in M&A back in 2021 and it has been by far my favorite platform to use for hosting data rooms. Datasite is very user-friendly and offers a number of features, backed by a strong customer service / support team that make the user experience exceptional.

Sleek, easy-to-navigate platform with useful features like "view-as", document redaction, Q&A, document translation, complementary prepare sites and more.

Many times, other providers can prove to be more competitive on pricing; this makes those options more attractive for our clients, despite the otherwise great experience provided by Datasite.

Excellent product that I would recommend to future clients for all of the mergers and acquisition related needs.

Great layout and searchability within the documents. Datasite also has great speed of use which is critical when dealing with large volumes of documents.

Pricing is high compared to other products which can make this prohibitive for smaller deals.

My overall experience with Datasite is very positive. I like how this platform is efficient and easy to use. I specifically like the redaction features which makes my job a lot more easy and saves me a lot of time. Would definitely recommend.

The platform is easy to use and navigate. The features available on Datasite are very useful, especially when it comes to automatic redactions and replacing documents.

Redacting excel documents is not as easy and requires a lengthier process, however, I have not seen other platforms overcome this issue yet.

It's my preferred data room. I recommend it to all bankers and clients. It's easy to use and has been excellent.

So easy to use and the staff is helpful. It has a lot of helpful and unique options - i.e. marking documents read and unread, download unredacted/redacted, seeing things published in a certain time frame, etc.

The search function could be refined a bit more, but it works.

Outstanding. I hate the feeling of having a problem with a VDR late at night or on the weekend and being stuck on hold with phone support for 30 minutes. Datasite takes care of me right away. But the even better news is that I don't need to call in the first place most of the time as the UI is so intuitive.

Datasite is more efficient than competitors because it is intuitive--there is no difficulty navigating the site, figuring out bulk downloads, etc. And support is always uber responsive when I need it.

Nothing--Datasite gives me everything I need and nothing I don't want

Overall, the platform provides a good value proposition for the pricing it charges, I have continued to use the Datasite platform across multiple projects.

I found the support team to be very strong when I required assistance with troubleshooting on the platform. I also understand the pricing is very competitive relative to peers with similar offerings. The layout is also very simple and aesthetically pleasing.

The platform itself can be difficult to navigate between folders and various aspects of the website. I also found the features to be somewhat lower than other peers with similar offerings.

Overall, my experience with Datasite is positive. The platform is user-friendly and easy to use, would recommend.

The interface is straightforward, which helps me quickly find, upload, and organize files during due diligence.

I’ve noticed that larger document uploads can be slower, which is a hassle when I'm working under pressure.

Overall, Datasite Diligence delivers a robust, secure, and user-friendly experience that meets the needs of professionals engaged in financial transactions. Its strong document management capabilities, advanced collaboration tools, and comprehensive security measures make it a reliable choice for due diligence processes. While there are some areas for improvement, such as integration options and performance during peak times, the overall experience is highly positive.

- Security and Compliance: Datasite Diligence provides robust security features, including data encryption, multi-factor authentication, and detailed audit trails.
- User-Friendly Interface
- Advanced Collaboration Tools: It offers a range of collaboration tools, such as Q&A management (very useful), real-time notifications, and document versioning.

- Learning Curve for Advanced Features while the basic functionality is easy to use, some advanced features and customization options may have a learning curve. Users may require training or support to fully leverage all the platform’s capabilities.

Overall, Datasite is in my opinion the best VDR on the market and the support of the Datasite team is also great

The Datasite user interface is by far the cleanest and most easy to use of all providers I had to work with so far. Navigating is easy and the text search is powerful. The Q&A function is well designed which makes reading the answers much easier to read and also comprehend.

Datasite is one of the pricier options on the market for VDRs

As a user, it's the best VDR I've ever used. In particular, I really appreciate the possibility to have previews of documents directly online and that downloads are very fast. In addition, compared to the main competitors, there are no compatibility issues on document names with Windows, once documents are downloaded.

- well organised VDR
- presence of the upload date of documents
- presence of a "new documents" section, where recently updated documents can be easily found and filtered
- easy and user friendly Q&A section
- fast downloads, with VDR index completely compatible with Windows operating system.

- absence of clear notifications for users in case a document is re-uploaded by the counterparty with the same reference

Overall, it is a great product. I think allowing easier access to the portal and avoiding the red tape around authentication would be great.

Ease of use and downloadability. I also liked how straightforward the interface is and that there is a representative that can easily walk you through if there are any question - which there are usually none.

I do not like the authentication security. It can get quite cumbersome.

My experience with Datasite has always been positive; we also recommend it to clients when hosting large volumes of documents.

The documents can be easily organized into folders and the search function is great. It is one of the best VDR platforms, particularly for large volumes of documents.

No cons - one of my favorite VDR platforms; really is a great platform