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Best Mid-sized Companies Virtual Data Room Software 2026

A virtual data room provides a digital location to store and share proprietary information with third parties via strictly controlled digital documents protected by limiting and configurable role-based permissions and rules. It can also provide different rule sets for different projects and meetings, providing effective compartmentalization of different meetings and groups controlled by the appropriate rules to the meeting or teams involved.

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All Products(1-25 of 85)

  • 2
    M‑Files Logo

    M‑Files

    Rating: 8.9 out of 10
    147 Reviews and Ratings
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    M-Files delivers Context-First Document Management with a metadata-driven architecture that improves productivity across the document lifecycle. By linking documents to the people, processes, clients, and projects that give them meaning, M-Files creates a unified environment that strengthens ...
  • 4
    DealRoom Logo

    DealRoom

    Rating: 9 out of 10
    15 Reviews and Ratings
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    DealRoom in Chicago offers their flagship application to support due diligence in data exchange related to deals between organizations and entities (notably mergers and acquisitions) with automation, risk detection via request tracking, easy document location, all under the auspices of compliant ...
  • 5
    Dropbox DocSend Logo

    Dropbox DocSend

    Rating: 8.3 out of 10
    45 Reviews and Ratings
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    Dropbox DocSend helps business professionals to securely share and control content. Dropbox DocSend's link-based system is used to set security preferences for each stakeholder, receive notifications each time someone views a file, analyze content performance on a page-by-page basis, and create ...
  • 6
    FirmRoom Logo

    FirmRoom

    Rating: 10 out of 10
    2 Reviews and Ratings
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    FirmRoom is a cloud-based virtual data room. The solution helps organizations to manage due diligence, and other information-dense processes, through secure document management and file sharing. Features such as drag and drop, bulk upload, & smart search enable seamless collaboration. ...
  • 7
    Ansarada Logo

    Ansarada

    Rating: 8 out of 10
    4 Reviews and Ratings
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    Australian company Ansarada offers a virtual data room solution which boasts an AI assistant to smooth workflow and security features like the "self-destruct" document which persists for a limited amount of time, as needed, to limit exposure and risk.
  • 8
    Onehub Logo

    Onehub

    Rating: 10 out of 10
    9 Reviews and Ratings
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    Onehub is a secure file storage and sharing service built for businesses of any size. Users can maintain existing folder and file structure with secure online document sharing and collaboration, and remain hyper-organized while able to access files from anywhere. Bank-level encryption as well as ...
  • 9
    ContractZen Logo

    ContractZen

    Rating: 9.4 out of 10
    6 Reviews and Ratings
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    ContractZen's Governance Cloud for SMBs features a board portal, entity management, contract management, virtual data rooms (VDR), and more – powered by AI. ContractZen was built to speed up operations, minimize risks, and maximize company value in due diligence situations.
  • 10
    Digify Logo

    Digify

    Rating: 8.8 out of 10
    4 Reviews and Ratings
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    Digify in San Francisco provides an electronic document security service with virtual data room featuring digital rights management, access controls (and revokation), passkey encryption, and other methods of ensuring a safe and secure file sharing and collaboration process between companies and ...
  • 12
    Firmex Virtual Data Room Logo

    Firmex Virtual Data Room

    Rating: 7.4 out of 10
    10 Reviews and Ratings
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    Firmex in Toronto offers a Virtual Data Room touting bank level security and customizable DRM, as well as two-factor password access and authentication and compliance with strict international privacy laws (e.g. HIPAA, SOC 2, UK Data Protection Act, etc). Beyond this the VDR offers tracking and ...
  • 13
    CapLinked Logo

    CapLinked

    Rating: 8 out of 10
    3 Reviews and Ratings
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    CapLinked in Redondo Beach offers their virtual data room (VDR) to support collaboration between enterprises and outside partners in a secure and easily setup digital workroom, featuring full document interaction tracking even outside the company firewall, enhanced rights management, and components ...
  • 14
    Thomson Reuters HighQ Logo

    Thomson Reuters HighQ

    Rating: 8 out of 10
    11 Reviews and Ratings
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    HighQ Collaborate, now from Thomson Reuters (acquired 2019) is a cloud-based enterprise collaboration platform, featuring secure file sharing but also means for sharing documents with users outside the enterprise, as well as a user-interface optimized for mobile devices and intuitive interface, ...
  • 15
    Govern 365 Logo

    Govern 365

    Rating: 0 out of 10
    0 Reviews and Ratings
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    Govern 365 is a native virtual data room for Microsoft 365. With Govern 365 stop paying legacy per-page fees. Users can spin up secure, audit-ready data rooms directly inside existing Microsoft 365 tenant. Most organizations own their Microsoft 365 tenant yet end up paying VDR taxes third party ...
  • 16
    Orangedox Logo

    Orangedox

    Rating: 0 out of 10
    0 Reviews and Ratings
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    Orangedox provides one-click virtual data rooms that are directly synced with Google Drive folders. It is used to prevent documents from being shared or forwarded and audit every time they've been opened, and to manage financial due diligence, fundraising, investor relations & investment ...
  • 17
    SS&C Intralinks DealCentre Logo

    SS&C Intralinks DealCentre

    Rating: 7.7 out of 10
    17 Reviews and Ratings
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    DealCentre brings together a purpose-built set of solutions into one fully integrated M&A technology platform suite that delivers value across the deal — from the early prep phase through due diligence, and ultimately a successful close.The solution includes:VDRPro™ Accelerates M&A due ...
  • 18
    AMS File Transfer Logo

    AMS File Transfer

    Rating: 9.1 out of 10
    7 Reviews and Ratings
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    AMS File Transfer is presented as secure, user friendly and personalised, with the user's branding to represent the organisation. It helps to protect the delivery of files and information and overcome file size limitations. UK data sovereignty. ISO 27001 Certified.
  • 19
    ShareSecure Logo

    ShareSecure

    Rating: 0 out of 10
    0 Reviews and Ratings
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    ShareSecure is a virtual data room that is designed to make it easy for you to create, track, and audit the materials you want to provide your investors for a high-touch LP portal experience. According to the vendor, it’s a powerful way for your investors to find what they need, when they need it. ...
  • 20
    Clinked Logo

    Clinked

    Rating: 0 out of 10
    0 Reviews and Ratings
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    Clinked Virtual Data Room is a secure virtual data room (VDR) platform designed for organisations handling confidential documents, due diligence processes, investor communications, M&A transactions, and high-stakes client collaboration. Unlike traditional VDR providers focused purely on ...
  • 21
    DealDone Logo

    DealDone

    Rating: 0 out of 10
    0 Reviews and Ratings
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    SECUDO Virtual Data Room (VDR) offers the following features:Secure Document Storage: Encryption and access controls ensure data security.User Permissions: Granular control over who can view, edit, or download documents.Audit Logs: Track all user activities for compliance and security.Document ...
  • 22
    Virtual Vaults Logo

    Virtual Vaults

    Rating: 0 out of 10
    0 Reviews and Ratings
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    Virtual Vaults: Empowering M&A and Real Estate TransactionsKey Offerings of Virtual Vaults:Secure Transactions: An encrypted Data Room, that ensures due diligence while safeguarding confidentiality.Real Estate Transactions: Streamlines real estate deals using Workspaces, fostering ...
  • 23
    99 Datarooms Logo

    99 Datarooms

    Rating: 0 out of 10
    0 Reviews and Ratings
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    99 Data Rooms is a UK-hosted Virtual Data Room platform for sharing and managing sensitive transaction documents. It provides browser-based document access, link-level controls, diligence questions and answers, engagement reporting, contract tracking, electronic signatures, and legal-document ...
  • 24
    Dillien Logo

    Dillien

    Rating: 0 out of 10
    0 Reviews and Ratings
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    Dillien is a virtual data room built to make due diligence faster, clearer, and more efficient. The platform centralizes document sharing and collaboration with smart features such as embedded request lists, structured file organization, advanced Q&A tools, and built-in project management to ...
  • 25
    FORDATA Virtual Data Room Logo

    FORDATA Virtual Data Room

    Rating: 0 out of 10
    0 Reviews and Ratings
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    A Virtual Data Room provider in Europe, offers a platform for securely sharing confidential documents. Boasting a track record of over 1600 successful projects, their platform supports investment bankers, associates, and legal experts with the aim of ensuring users transactions unfolds precisely ...
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Learn More about Virtual Data Room Software

What is Virtual Data Room Software?

A virtual data room (VDR) is an online repository of data that is used for the secure storing and sharing of critical information. It is a centralized space supporting simultaneous, multi-party requests for and access to documents and files. VDRs are used by bankers, lawyers, and investors to support due diligence during M & A, loan syndications, licensing, private equity, and venture capital deals. Trade secrets, intellectual property, medical data, or any other confidential information can be safely stored and shared with authorized clients, partners, and stakeholders.


VDR software monitors and tracks the individuals viewing the documents. Analyzing a buyer’s engagement can be leveraged to fine-tune deals or pursue business opportunities. This information also helps management understand what their internal staff is working on and the status of the project.


AI tools are increasingly deployed as part of a VDR to accelerate research, organize and analyze documents.


The data is usually stored on servers in the cloud. VDRs are not to be confused with File Sharing Services, which lack the robust security and analytics of VDRs.


Digital Rights Management capabilities are sometimes included in VDR offerings

Virtual Data Room Software Features

Virtual data room software should have most or all of these features:
  • Document and File Management

  • Request Management

  • Security

  • Alerts and Notifications – for document signing

  • Analytics – tracks and analyzes document viewing

  • Digital Rights Management - control of external VDR access requests, watermarks

  • Customization – branding, white-label

  • Collaboration

  • Project Management Capabilities

  • Global 24x7 Access – cloud-based

Virtual Data Room Software Comparison

When choosing virtual data room software consider the following:


  • Security: Security is the most crucial feature in a VDR. Ensure that your choice is ISO compliant and has strong encryption methods.

  • Use Case: Any business that creates and shares confidential, proprietary or client information will benefit from using VDRs. Financial institutions, legal firms, and companies that have significant intellectual property assets especially benefit from VDRs. VDR vendors offer both industry-specific and all-purpose functionality.

  • Scale: The size of the project, its duration, the amount of information, and the number of users, will influence what VDR is appropriate for your requirements.

  • Customization: Will the participants be internal or external clients, technical or non-technical users? Select a VDR that will accommodate those characteristics.

Start a VDR comparison here

Pricing Information

VDR software pricing depends on features offered, project size, project duration, the amount of storage needed, the number of users, and the level of customization required. There are four pricing models:

  • Per Page: Charged by page storage. Suitable for small projects. Can range from $0.40 to $1.00 a page.

  • Per User: Charged by the number of user licenses. Vendors offer a fixed number for a flat rate. User administration licenses range from $100 to $300. Other users/guest rates are lower.

  • Storage: Charged by the amount of storage required. Overages can add up.

  • Flat Rate: Monthly custom packages are available that support varying amounts of data, pages, and users. Flat rate pricing will eliminate overage surprises and allow for consistent budgeting. An average range would go from $500 to $1,000 a month.

Pricing can range from a few hundred dollars a month to over $100,000 for a large project.

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Virtual Data Room FAQs

What does Virtual Data Room Software do?

Virtual data room (VDR) software supports the secure storing, indexing, and sharing of confidential documents. VDRs offer collaboration tools and user analytics. VDRs are used by any organization that needs to safely share sensitive or proprietary information.

What are the benefits of using Virtual Data Room Software?

The main benefits of virtual data room software include:

  • Safe and Secure Information Storage and Sharing
  • Accelerates Deals
  • Facilitates Due Diligence
  • Transparency and Trust
  • Buyer and User Intelligence
  • Improved Decision Making
  • Increased Productivity
  • Cost Reduction
  • Eliminates Need for Physical Data
  • Global 7x24 Access

What are the best Virtual Data Room Software products?

How much does Virtual Data Room Software cost?

VDR software pricing depends on features offered, project size, project duration, the amount of storage needed, the number of users, and the level of customization required. There are four pricing models: per page, per user, by storage, and monthly flat-rate packages. Pricing can range from a few hundred dollars a month to over $100,000 for a large project.