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What is DealRoom?

DealRoom serves as a comprehensive lifecycle management platform tailored for professionals engaged in intricate financial transactions such as mergers and acquisitions (M&A), providing secure data storage, diligence oversight, and efficient pipeline management while also facilitating overall project coordination. The primary objective of our platform is to enhance the M&A experience for teams, promoting innovation and ensuring that the original intentions behind deals are preserved and executed effectively. DealRoom was founded in response to the inherent complexities and unpredictability of M&A processes, which often start with aspirations for innovation and value creation through the fusion of diverse entities but can lose sight of these goals as the transactions expand in scale and volume. By fostering a more collaborative and equitable environment, DealRoom seeks to realign the focus on the initial vision of innovation in the M&A landscape. In our mission to streamline this process, we distinguish ourselves from competitors by offering project management tools that address and rectify common inefficiencies, such as reliance on Excel spreadsheets, fragmented email exchanges, and the risks associated with insecure file sharing. Ultimately, our approach not only enhances productivity but also helps teams maintain clarity and coherence throughout the complex M&A journey.

Pricing

Price Starts At:
$1000.00/month
Free Trial Offered?:
Yes

Integrations

Offers API?:
Yes, DealRoom provides an API

Screenshots and Video

Company Facts

Company Name:
DealRoom
Date Founded:
2012
Company Location:
United States
Company Website:
dealroom.net
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Product Details

Deployment
SaaS
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
Individual
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
English

DealRoom Categories and Features

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

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

Data Governance Software

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

More DealRoom Categories

  • Reviewer Name: A Verified Reviewer
    Position: Paralegal
    Has used product for: Free Trial
    Uses the product: Daily
    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

    Best Data Room!

    Date: Feb 05 2021
    Summary

    Very easy to set up , upload and share documents confidentially in an efficient manner. You don't even have to download a document in order to view it.

    Positive

    1. Offers a free trial to test out the program.
    2. User friendly.
    3. Other VDRs are more complicated and expansive than need be.

    Negative

    I can't say anything negative about this program.

    Read More...
  • Reviewer Name: A Verified Reviewer
    Position: Associate Attorney
    Has used product for: 6-12 Months
    Uses the product: Weekly
    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

    Solid data room experience

    Date: Jan 06 2021
    Summary

    Solid data room!

    Positive

    Clean interface.

    Negative

    Slow(ish) load times.

    Read More...
  • Reviewer Name: A Verified Reviewer
    Position: Tax Manager
    Has used product for: 1-2 Years
    Uses the product: Daily
    Org Size (# of Employees): 20,000 or More
    Feature Set
    Layout
    Ease Of Use
    Customer Service
    Would you 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...
  • Reviewer Name: Robert R.
    Position: Sr Mgr
    Has used product for: Less than 6 months
    Uses the product: Weekly
    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

    Useful Site!

    Date: Apr 20 2021
    Summary

    Very clean - very easy. DealRoom makes things easier for users and I would highly recommend on future transactions.

    Positive

    The product's interface is clean and intuitive - saves me time when I need to search for data items.

    Negative

    I would suggest the site opens up to the data room rather than the process or blank areas of the particular data site I was utilizing.

    Read More...
    Official DealRoom Response
    Date: Apr 21 2021
    Thank you for the 5-star review!
  • Reviewer Name: Sam P.
    Position: Account Executive
    Has used product for: 6-12 Months
    Uses the product: Weekly
    Org Size (# of Employees): 500 - 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 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...
  • Reviewer Name: A Verified Reviewer
    Position: Senior Associate
    Has used product for: Less than 6 months
    Uses the product: Monthly
    Org Size (# of Employees): 1 - 25
    Feature Set
    Layout
    Ease Of Use
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Very good product

    Date: Jan 06 2021
    Summary

    Quite good, like it. I don't pay for it so don't have a view on pricing, I use it from the buyside.

    Positive

    Functionality is very good and comprehensive. Easy to use and good customer service if any issues with accessing.

    Negative

    Can't really think of any. Very good solution for deal room access.

    Read More...
  • Reviewer Name: A Verified Reviewer
    Position: Director of Operations
    Has used product for: Less than 6 months
    Uses the product: Daily
    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

    Amazing Customer Service

    Date: Apr 20 2021
    Summary

    This product does exactly what you would expect. The product is intuitive and flexible. Even my team members who are "technically challenged" caught on how to use this very quickly.

    Positive

    Any questions I had were answered in real time or close to it. When I asked about making a technical change to the system I was pleasantly surprised with a 24 hour turn around time from their engineers.

    Negative

    The only thing I would expand on would be instructions related to comment security. At the same time all my questions were answered in a live chat.

    Read More...
    Official DealRoom Response
    Date: Apr 21 2021
    Thank you for leaving a five-star review! We are glad to hear the platform has been intuitive and flexible!
  • Reviewer Name: A Verified Reviewer
    Position: Associate
    Has used product for: Less than 6 months
    Uses the product: Monthly
    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

    Good product

    Date: Jan 06 2021
    Summary

    Positive on the whole but perhaps missing some of the additional features that larger VDRs have.
    Would be recommending alongside other datarooms to be considered for RFPs.

    Positive

    Clean easy to use interface.
    Main features are also of good quality.
    Support was easy to contact and quick to reply.

    Negative

    Missing some of the additional features that larger VDRs (Merril, Intralinks) have.

    Read More...
  • Reviewer Name: A Verified Reviewer
    Position: Manager
    Has used product for: Less than 6 months
    Uses the product: Weekly
    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

    Makes our jobs way easier!

    Date: Jan 12 2021
    Summary

    Dealroom completely changed the way we do deals. It’s an amazing collaborative software. I love how you can leave comments on each individual file so that other functions can see them. It like using Facebook, which is easy and intuitive.

    The Visibility feature is awesome too. You can filter the eyes that can see certain files and deals.

    It has end to end capabilities and saves us a lot of costs with its VDR functionality.

    I would highly recommend this to any M&A practitioners.

    Positive

    Saves us a lot of costs with its VDR functionality. I can also control which team member has permissions to specific documents and not everyone can see each other's accounts.

    Negative

    Can hardly think of anything right now. It has end to end capabilities so it's got all we need.

    Read More...
  • Reviewer Name: Jerry V.
    Position: Founder & CEO
    Has used product for: Free Trial
    Uses the product: Daily
    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

    Renter Mentor

    Date: Jan 06 2021
    Summary

    Love it. Easy to send my data room to investors it does what I need to do to keep track of business.

    Positive

    That it allows me to store all my business data in one place and make its very easy to send to teammates and investors.

    Negative

    A lot of different features and technical support should be built in not via email.

    Read More...
  • Reviewer Name: Ankit H.
    Position: Corporate development
    Has used product for: 2+ Years
    Uses the product: Monthly
    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

    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...
  • Reviewer Name: A Verified Reviewer
    Position: Executive Marketing Officer
    Has used product for: Less than 6 months
    Uses the product: Daily
    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

    Goodbye Excel Sheet!

    Date: Jan 19 2021
    Summary

    It’s cloud-based and real-time for easy collaboration. Being able to leave messages inside the documents is awesome.

    Positive

    Our team was using excel sheets before we found Dealroom. It’s like a breath of fresh air. Learning it is not that difficult and adapting to it is one of the best things that has ever happened to our team.

    Negative

    It could use more colors! It looks a bit plain for my taste.

    Read More...
  • Reviewer Name: A Verified Reviewer
    Position: CHIEF OF STAFF
    Has used product for: 6-12 Months
    Uses the product: Weekly
    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

    Chief of Staff

    Date: Apr 20 2021
    Summary

    Great tool, great way to collaborate on our files and help keep things organized when there are so many people involved.

    Positive

    Collaboration, easy to organize files- user-friendly- the overall look and feel of the tool made it easy to get around as a new user.

    Negative

    Nothing to note of to date. All is good. I look forward to doing more in the tool.

    Read More...
    Official DealRoom Response
    Date: Apr 21 2021
    Thank you for your review! Happy to hear the platform has been easy to use!
  • Reviewer Name: John G.
    Position: CFO
    Has used product for: 6-12 Months
    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

    Good product

    Date: Dec 15 2021
    Summary

    Overall a good, solid experience. Nothing incredible, but certainly nothing to complain about. Price was a little high for the volume of activity on our site. Might be a better value for heavier users.

    Positive

    Secure. Fairly straightforward. Taught myself the administration of the product without much trouble.

    Negative

    Nothing really but the price.

    Read More...
  • Reviewer Name: A Verified Reviewer
    Position: Corporate Development
    Has used product for: Free Trial
    Uses the product: Yearly
    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

    Impressive tool

    Date: Jan 06 2021
    Summary

    Good for both small teams and large teams.

    Positive

    Clean UX, easy to learn, lots of features, timeline and tasks features very helpful.

    Negative

    Concerns about other parties adapting to using DealRoom as their data room provider when complacent with larger products.

    Read More...
  • Reviewer Name: Glenn D.
    Position: COO
    Has used product for: Less than 6 months
    Uses the product: Daily
    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

    DealRoom Survey

    Date: Jan 06 2021
    Summary

    Very nice document management system. I would recommend this product to others if they wanted to track files for separate companies.

    Positive

    Very easy to enter info and track info. Easy process to upload files. Uploading files is the key management tool to track.

    Negative

    Finding certain requests if they are not set up correctly from the beginning. Setup at the start is the key to good process.

    Read More...
  • Reviewer Name: Jenine S.
    Position: Executive Manager
    Has used product for: 6-12 Months
    Uses the product: Daily
    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

    Dealroom is awesome!

    Date: Jan 19 2021
    Summary

    It’s the best one I’ve used so far. If your team is looking for a project management tool, I would highly recommend DealRoom. Super easy to use, highly collaborative, and cost-friendly. Definitely worth transitioning into.

    Positive

    Highly Collaborative. So far this is the best platform I have ever used when it comes to team collaboration.

    Negative

    There were no cons I could think of when using DealRoom, and you will understand what I mean here when you get to use this.

    Read More...
  • Reviewer Name: A Verified Reviewer
    Position: Principal
    Has used product for: 1-2 Years
    Uses the product: Weekly
    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

    DealRoom defines efficiency

    Updated: 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...
    Official DealRoom Response
    Date: Jul 05 2021
    thank you for your review! happy to hear you found the platform intuitive and easy to use!
  • Reviewer Name: A Verified Reviewer
    Position: Senior Counsel
    Has used product for: Less than 6 months
    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

    Dat Room

    Date: Jan 11 2021
    Summary

    My overall experience with the interface is positive. I use many platforms and this is right up there with the better of the offerings.

    Positive

    This platform is very easy to use and has a good user interface. It makes the job more efficient and saves time.

    Negative

    The password requirements are quite complex, and make it difficult to find a suitable password.

    Read More...
  • Reviewer Name: A Verified Reviewer
    Position: Associate
    Has used product for: Less than 6 months
    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

    Decent

    Date: Jan 06 2021
    Summary

    Decent overall. No complaints but no particularly impressive factors either. Feel like it might come down to price if I were a decision maker.

    Positive

    Easy enough to download and files and review different files uploaded by the banking team. No complaints.

    Negative

    Not particularly impressed by the features. Not disappointed either, but no reason I would use this over the other data sites.

    Read More...