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What is Datasite Diligence Virtual Data Room?

It's essential to have more than just a basic platform for document exchange; you require advanced features like AI-driven redaction capabilities. An integrated Q&A tool with sophisticated workflow options is also necessary, as is a reliable source of truth to support your processes. That's where Datasite Diligence comes into play.

Datasite offers the most reliable virtual data room (VDR) for mergers and acquisitions, with over 14,000 projects initiated each year on its platform. Built with top-tier functionality and innovative productivity tools, Datasite Diligence ensures that the due diligence process is seamless and efficient, allowing you to focus on what truly matters. In today's fast-paced business environment, having the right tools is crucial for success.

Pricing

Price Overview:
You can purchase Datasite Cloud as a subscription or purchase the applications individually. For our customers who are used to purchasing Datasite’s applications on a project basis – that is still easy to do! To learn more, please contact sales.

Screenshots and Video

Company Facts

Company Name:
Datasite
Date Founded:
1968
Company Location:
United States
Company Website:
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Product Details

Deployment
SaaS
iPhone
iPad
Android
Training Options
Documentation Hub
Online Training
Webinars
On-Site Training
Video Library
Support
Standard Support
24 Hour Support
Web-Based Support

Product Details

Target Company Sizes
1-10
11-50
51-200
201-500
501-1000
1001-5000
5001-10000
10001+
Target Organization Types
Mid Size Business
Small Business
Enterprise
Freelance
Nonprofit
Government
Startup
Supported Languages
Chinese (Mandarin)
Chinese (Simplified)
Danish
Dutch
English
French
German
Greek
Italian
Japanese
Korean
Portuguese
Spanish

Datasite Diligence Virtual Data Room Categories and Features

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

File Sharing Software

Audit Trail
Chat / Messaging
Collaboration
Document Management
Drag & Drop
Electronic Signature
Encryption
File Synchronization
Search
User Management
Version Control
Workflow Management

Entity Management Software

Access Control
Compliance Management
Contract Management
Corporate Structure Management
Document Assembly
Due Date Tracking
Electronic Filing
Electronic Signature
Multi-Jurisdictional
Ownership Tracking
Records Tracking
Registered Agent Services Integration
Subsidiary Governance
Task Management

Data Governance Software

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

Datasite Diligence Virtual Data Room Customer Reviews

Write a Review
  • Reviewer Name: Ryan F.
    Position: Associate
    Has used product for: 1-2 Years
    Uses the product: Weekly
    Org Size (# of Employees): 1,000 - 4,999
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Datasite Review

    Date: Jun 08 2023
    Summary

    No other changes other than the comments made above. Continued development and timing of the platform will enable broader adoption and increased efficiencies across banks.

    Positive

    Ease of back and forth with potential clients/investors. Diligence is a key pain point in the M&A process and features like this allow time to be saved.

    Negative

    Adaptability, and ability to convince other members of a deal team to use it especially when deal timelines are tight. This may not be the fault of the program and could be just a timing factor the longer the feature is available.

    Read More...
    Official Datasite Diligence Virtual Data Room Response
    Date: Jun 15 2023
    Hello Ryan, thanks for taking time out of your day to share your feedback with us. Thanks also for encouraging your deal team to choose Datasite. We would love to help you get them onboarded and up-to-speed, and we offer training at your convenience - just email our Assist team - Service@datasite.com night or day, 24/7, and we will do the rest. Again, thanks for your feedback, and we look forward to hearing from you soon. Warm regards, The Datasite Team
  • Reviewer Name: A Verified Reviewer
    Position: Investment Banking Vice President
    Has used product for: 2+ Years
    Uses the product: Monthly
    Org Size (# of Employees): 1,000 - 4,999
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Very good VDR platform

    Date: Jun 07 2023
    Summary

    Overall I would highly recommend this platform for due diligence in M&A processes. It also has a very reliable support.

    Positive

    - Ease of uploading and moving files around
    - Very reliable Q&A functionality with permissions allowing

    Negative

    - The most expensive platform currently on the market

    Read More...
    Official Datasite Diligence Virtual Data Room Response
    Date: Jun 15 2023
    Hi there! Thanks for leaving us a review, and we're glad to hear that data room organization has been simple for you. We've made a lot of updates to Q&A lately, so it's great to see that you're satisfied there, too. We're proud of our Assist team and glad you can count on them. At Datasite, we are constantly innovating and loading our VDR with time-saving features. To maximize value and get the most out of the data room, we invite you to contact us at info@datasite.com when your next deal arises. We want to ensure you're taking full advantage of our key capabilities. Please let us know if there is anything you'd like to learn more about, and we'd be happy to show you around. I want to thank you again for your comments, and I hope we can serve you again very soon. Warm regards, The Datasite Team
  • Reviewer Name: A Verified Reviewer
    Position: Vice President
    Has used product for: 2+ Years
    Uses the product: Monthly
    Org Size (# of Employees): 1 - 25
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Great Data Room Service

    Date: Jun 06 2023
    Summary

    My overall experience with Datasite has been positive. We recommend the use of Datasite for all advisory clients.

    Positive

    Datasite has the most intuitive platform and the best customer service (available 24/7) compared to any other virtual data room provider which I have used.

    Negative

    The service is expensive, and leaves little room for flexibility if projects go over the expected timeframe.

    Read More...
    Official Datasite Diligence Virtual Data Room Response
    Date: Jun 15 2023
    Hi there, and thanks for taking the time to leave us a review! We're really glad that you are finding Datasite simple to use, and that our Datasite Assist team has been so helpful. We're constantly innovating to develop features and products designed to save you time, so the next time a deal arises, we invite you to contact us at info@datasite.com. That way we can work to make sure we are meeting your needs, maximizing value, and accommodating project timeline changes. Again, thank you for your feedback! Best regards, The Datasite Team
  • Reviewer Name: A Verified Reviewer
    Position: Director, Corp Dev
    Has used product for: 2+ Years
    Uses the product: Daily
    Org Size (# of Employees): 20,000 or More
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Premier VDR

    Date: Jun 06 2023
    Summary

    Best VDR platform available. Have used multiple on the buyside (hosted by sell side) and our preference is always Datasite.

    Positive

    Ease of use for members across the organization. Datasite also provides multiple training options for new users.

    Negative

    Billing processes can be convoluted with multiple projects.

    Read More...
    Official Datasite Diligence Virtual Data Room Response
    Date: Jun 15 2023
    Hi there, and thank you for taking time out of your day to review us. I'm so happy to hear that your team has found Datasite easy to use, and that they're taking advantage of our training options! Really glad to hear Datasite's your preferred VDR platform, but want to make sure we're meeting your needs with billing, so please let us know more about what we can do better at info@datasite.com - we will work to find a solution! Again, thank you for sending us your thoughts, and we look forward to hosting your next deal. Best regards, The Datasite Team
  • Reviewer Name: A Verified Reviewer
    Position: Investment Banking Analyst
    Has used product for: 1-2 Years
    Uses the product: Daily
    Org Size (# of Employees): 10,000 - 19,999
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Great Product

    Date: Jun 08 2023
    Summary

    Overall, I have enjoyed using this product and have found it reliable relative to other data rooms. I think the support makes it easy to find help whenever I run into questions.

    Positive

    Datasite Diligence is easy to use and navigate - it is intuitive to figure out how to use and the support staff is always available to help.

    Negative

    It can be a little more expensive than some alternatives but I think the price tends to be worth it.

    Read More...
    Official Datasite Diligence Virtual Data Room Response
    Date: Jun 15 2023
    Greetings, and thank you! Your feedback is super helpful to us here at Datasite. We strive to build solutions that are easy to use and save you time. And we're glad you're leaning on the Datasite Assist team when questions arise - that's what they're here for, 24/7. If we can help you with any aspect of your work, give us a call, email, or chat. Thanks again for sharing your experience, and we look forward to serving you for years to come. Best regards, The Datasite Team
  • Reviewer Name: A Verified Reviewer
    Position: Director
    Has used product for: 2+ Years
    Uses the product: Weekly
    Org Size (# of Employees): 1,000 - 4,999
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Great product

    Date: Jun 06 2023
    Summary

    Been using this for more than 8 years and I continue to recommend Datasite to clients. The interface is top notch and the ability to download information is quicker (and easier vs. other sites).

    Positive

    Very intuitive user interface.
    Smart editing to censor confidential information.
    Drop and drag makes it easy to use.

    Negative

    Q&A function for a M&A user is not as good as other alternatives
    Pricing is in-line with closer competitors but higher than "less full service" alternatives.

    Read More...
    Official Datasite Diligence Virtual Data Room Response
    Date: Jun 15 2023
    Hi there! Thanks for taking the time out of your day to review Datasite. I'm really glad you've discovered the benefits of our integrated redaction capabilities - major time saver, and super easy to learn. I'm sharing your note about Q&A with our team, so thank you for providing that feedback. Thank you also for recommending us to your clients! We hope their experience with Datasite has been great, too. Once again, thank you for your feedback, and we look forward to another 8 years or more of working with you. Warm regards, The Datasite Team
  • Reviewer Name: Giuseppe T.
    Position: IT Project Manager
    Has used product for: 1-2 Years
    Uses the product: Yearly
    Org Size (# of Employees): 100 - 499
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Feedback

    Date: Jun 09 2023
    Summary

    My experience is good with the admin system. The team support is very fast to respond to tickets and proposes the best solutions.

    Positive

    Datasite is a good system to share documents and mapping logins or download. It is very interesting to use for audit and other activity.

    Negative

    I didn't have a questions. I would review the extra data costs.

    Read More...
    Official Datasite Diligence Virtual Data Room Response
    Date: Jun 15 2023
    Hi Giuseppe! Thanks for leaving us a review. We're thrilled to hear that Datasite is meeting your needs, and that our Assist team has been so quick to reply and help. We can also help with maximizing value within Datasite by showing you some of our most powerful new features, like Redaction AI and Q&A. Just let us know if you're interested in learning more - info@datasite.com. Thank you very much for sharing your feedback with us. We look forward to working with you again soon. Warm regards, The Datasite Team
  • Reviewer Name: Chris N.
    Position: Associate
    Has used product for: 2+ Years
    Uses the product: Weekly
    Org Size (# of Employees): 26 - 99
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    The best all around VDR solution

    Date: Jun 06 2023
    Summary

    Overall, I have had a great experience using Datasite over the past four years and do not plan on switching from it going forward.

    Positive

    Variety of analytical tools and insights offered in simplified dashboards, with the ability to dig deeper into certain areas.

    Negative

    Very few material negatives, if any. The Q&A feature is not as efficient as party to party email question and answers.

    Read More...
    Official Datasite Diligence Virtual Data Room Response
    Date: Jun 15 2023
    Greetings, Chris! Thanks for leaving us a review. With four years of weekly use, feedback from someone like you is super helpful to us! I'm so glad our analytics have been helpful and that you plan to stick with Datasite. I've shared your note about Q&A with our team. We definitely want to reduce strain on your inbox! Again, thank you for choosing Datasite. We look forward to working with you again for years to come. Warm regards, The Datasite Team
  • Reviewer Name: A Verified Reviewer
    Position: Investment Banking Associate
    Has used product for: 2+ Years
    Uses the product: Weekly
    Org Size (# of Employees): 5,000 - 9,999
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Clear leading in the VDR space in terms of quality / features, but most expensive

    Date: Jun 13 2023
    Summary

    Overall very positive. Datasite is the clear leader in the space when it comes to quality of the VDR, features and customer support.

    If they were able to be more competitive on pricing it would be a clear winner every time.

    Positive

    1. Most features vs. peers
    2. Best customer support vs. peers (24/7 support with people who are willing and able to assist you / carry out VDR tasks on your behalf)

    Negative

    1. More expensive than peers. This often makes it harder to pitch to clients, especially those unfamiliar with VDRs.

    Read More...
    Official Datasite Diligence Virtual Data Room Response
    Date: Jun 15 2023
    Hi there! Thanks for taking the time to leave us a review. We're thrilled to hear that you're happy with our Datasite Assist team and our functionality. We're constantly innovating to provide maximum value to you, your deal team, and your clients. Next time a deal arises, we invite you to contact us at info@datasite.com so we can make sure you're getting the most bang for the buck out of our VDR. Again, thanks for your feedback! We look forward to serving you again soon. Best regards, The Datasite Team