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
Company Facts
Product Details
Product Details
DealRoom Categories and Features
Work Management Software
Virtual Data Room Software
Task Management Software
Data Governance Software
More DealRoom Categories
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Best Data Room!
Date: Feb 05 2021SummaryVery 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.
Positive1. Offers a free trial to test out the program.
2. User friendly.
3. Other VDRs are more complicated and expansive than need be.NegativeI can't say anything negative about this program.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Solid data room experience
Date: Jan 06 2021 -
Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Great Featuers
Date: Oct 06 2021SummaryDealRoom is one of the best, if not the best data room I have used, and I've had experience with 7-10.
PositiveDealRoom 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."
NegativeOccasionally, if a batch download is too large the index number and names do not correctly download, but this is rare.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Useful Site!
Date: Apr 20 2021SummaryVery clean - very easy. DealRoom makes things easier for users and I would highly recommend on future transactions.
PositiveThe product's interface is clean and intuitive - saves me time when I need to search for data items.
NegativeI 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.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Great tool for intracompany collaboration!
Date: Jul 01 2021SummaryMy experience has been fantastic. DealRoom has helped to streamline and maximize efficiency in areas of my job that were formerly very cumbersome.
PositiveDealRoom 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.
NegativeThere 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.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Very good product
Date: Jan 06 2021SummaryQuite good, like it. I don't pay for it so don't have a view on pricing, I use it from the buyside.
PositiveFunctionality is very good and comprehensive. Easy to use and good customer service if any issues with accessing.
NegativeCan't really think of any. Very good solution for deal room access.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Amazing Customer Service
Date: Apr 20 2021SummaryThis 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.
PositiveAny 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.
NegativeThe 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.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Good product
Date: Jan 06 2021SummaryPositive 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.PositiveClean easy to use interface.
Main features are also of good quality.
Support was easy to contact and quick to reply.NegativeMissing some of the additional features that larger VDRs (Merril, Intralinks) have.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Makes our jobs way easier!
Date: Jan 12 2021SummaryDealroom 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.PositiveSaves 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.
NegativeCan hardly think of anything right now. It has end to end capabilities so it's got all we need.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Renter Mentor
Date: Jan 06 2021SummaryLove it. Easy to send my data room to investors it does what I need to do to keep track of business.
PositiveThat it allows me to store all my business data in one place and make its very easy to send to teammates and investors.
NegativeA lot of different features and technical support should be built in not via email.
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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 2021Summary9/10 for a high performance VDR tool for a deal administrator. Like the M&A community essence associated with the product.
PositiveEasy 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.
NegativeResponse time can be improved for the support services for the firm.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Goodbye Excel Sheet!
Date: Jan 19 2021SummaryIt’s cloud-based and real-time for easy collaboration. Being able to leave messages inside the documents is awesome.
PositiveOur 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.
NegativeIt could use more colors! It looks a bit plain for my taste.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Chief of Staff
Date: Apr 20 2021SummaryGreat tool, great way to collaborate on our files and help keep things organized when there are so many people involved.
PositiveCollaboration, easy to organize files- user-friendly- the overall look and feel of the tool made it easy to get around as a new user.
NegativeNothing to note of to date. All is good. I look forward to doing more in the tool.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Good product
Date: Dec 15 2021SummaryOverall 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.
PositiveSecure. Fairly straightforward. Taught myself the administration of the product without much trouble.
NegativeNothing really but the price.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Impressive tool
Date: Jan 06 2021SummaryGood for both small teams and large teams.
PositiveClean UX, easy to learn, lots of features, timeline and tasks features very helpful.
NegativeConcerns about other parties adapting to using DealRoom as their data room provider when complacent with larger products.
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DealRoom Survey
Date: Jan 06 2021SummaryVery nice document management system. I would recommend this product to others if they wanted to track files for separate companies.
PositiveVery easy to enter info and track info. Easy process to upload files. Uploading files is the key management tool to track.
NegativeFinding certain requests if they are not set up correctly from the beginning. Setup at the start is the key to good process.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Dealroom is awesome!
Date: Jan 19 2021SummaryIt’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.
PositiveHighly Collaborative. So far this is the best platform I have ever used when it comes to team collaboration.
NegativeThere were no cons I could think of when using DealRoom, and you will understand what I mean here when you get to use this.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
DealRoom defines efficiency
Updated: Jul 12 2021SummaryDealRoom 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.
PositiveVery 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.
NegativeI have not found any flaws in the DealRoom product.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Dat Room
Date: Jan 11 2021SummaryMy overall experience with the interface is positive. I use many platforms and this is right up there with the better of the offerings.
PositiveThis platform is very easy to use and has a good user interface. It makes the job more efficient and saves time.
NegativeThe password requirements are quite complex, and make it difficult to find a suitable password.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Decent
Date: Jan 06 2021SummaryDecent overall. No complaints but no particularly impressive factors either. Feel like it might come down to price if I were a decision maker.
PositiveEasy enough to download and files and review different files uploaded by the banking team. No complaints.
NegativeNot particularly impressed by the features. Not disappointed either, but no reason I would use this over the other data sites.
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