TrustRadius
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 and controlled information transaction rules.https://dudodiprj2sv7.cloudfront.net/product-logos/Lt/s1/WJFHGRESIET7.JPEGThis software was perfect. Extremely easy to use.We have been using DealRoom as a virtual data room solution for our company. We stored secure documents and shared between different parties and customers. We have also used their requests feature for internal process management.,It was easy to use and support helped us a lot with everything. We are extremely pleased with the service they provide. It's very easy to drag and drop files and set permissions for documents. Their requests functionality is also very useful and helped us track process.,A couple of our team members did not receive invitation letters due to some mail filtering system, but their support guys resolved this issue very fast.,10,It helped us manage documents and share info between our firm and the potential investors and clients. And also helped to manage internal processes and keep an eye on everything in the company.,,Slack, Bitbucket,15,2,Upload and share documents between parties Manage permissions for internal team parties and clients Add tasks, assigning people and track progress,Nothing unexpected I think, typical usage for project management platforms.,Probably involve clients in tasks management,10,No,Product Features Product Usability Product Reputation Third-party Reviews,Check reviews, news and information about the company. Ask people who have already used the software.,No,10,No,We had several questions with the room setup for our company. So we asked dealroom support for a help in chat and they were very responsive and explained all the things about docs upload and requests template importing.,Drag & drop files upload and documents management Tasks management functions Analytics,Docs viewer search function,10Robust Due Diligence Capabilities Speeds Up M&A ProcessWe use DealRoom in our M&A processes. Typically, we engage the data room provider right at the beginning of the engagement and use the platform for initial document collection, data room sharing with buyers, and throughout general due diligence.,Fast document upload speed Robust due diligence capabilities Simplicity Advanced Analytics Collaboration capabilities allows both buyer and seller to interact extensively,10,It has allowed us to collaborate effectively with prospective buyers and with our client It has saved hours of time,,Intralinks, Merrill DatasiteOne
  3. DealRoom Reviews
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DealRoom
2 Ratings
Score 9.6 out of 101
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DealRoom Reviews

DealRoom
2 Ratings
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Score 9.6 out of 101
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Reviews (1-2 of 2)

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December 28, 2018

DealRoom Review: "This software was perfect. Extremely easy to use."

Verified User
Score 10 out of 10
Vetted Review
Verified User
Review Source
We have been using DealRoom as a virtual data room solution for our company. We stored secure documents and shared between different parties and customers. We have also used their requests feature for internal process management.
  • It was easy to use and support helped us a lot with everything. We are extremely pleased with the service they provide. It's very easy to drag and drop files and set permissions for documents. Their requests functionality is also very useful and helped us track process.
  • A couple of our team members did not receive invitation letters due to some mail filtering system, but their support guys resolved this issue very fast.
- Easy drag & drop file uploading.
- Tasks management system and progress tracking.
- Different permissions from just view access and up to upload and edit.
Read this authenticated review
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December 22, 2018

DealRoom Review: "Robust Due Diligence Capabilities Speeds Up M&A Process"

Verified User
Score 10 out of 10
Vetted Review
Verified User
Review Source
We use DealRoom in our M&A processes. Typically, we engage the data room provider right at the beginning of the engagement and use the platform for initial document collection, data room sharing with buyers, and throughout general due diligence.
  • Fast document upload speed
  • Robust due diligence capabilities
  • Simplicity
  • Advanced Analytics
  • Collaboration capabilities allows both buyer and seller to interact extensively
To be frank, DealRoom is an excellent data room provider. The platform is easy to use and is one of the better-- if not the best-- products out there from a data room perspective. I highly recommend using this product for all M&A engagements. It is easy to use and will save hours of time.
Read this authenticated review

DealRoom Scorecard Summary

Likelihood to Recommend (2)
9.6
Likelihood to Renew (1)
10.0
Usability (1)
10.0
Support (1)
10.0

About DealRoom

DealRoom promises to create a better M&A experience for you and your client. The vendor says that data storage, diligence tracking, and communication tools are all on one integrated smart platform, which allows users to eliminate duplicate work, track progress and get insightful analytics. The platform aims to make M&A deals more predictable, consistent, and Agile.
Categories:  Virtual Data Room

DealRoom Features

Additional Features
Has featureDrag-and-drop capabilities
Has featureSmart Search
Has featurePipeline Management
Has featureLive-link Documents
Has featureProgress Reporting

DealRoom Screenshots

DealRoom Integrations

Slack, SalesForce CRM

DealRoom Competitors

Pricing

Has featureFree Trial Available?Yes
Does not have featureFree or Freemium Version Available?No
Does not have featurePremium Consulting/Integration Services Available?No
Entry-level set up fee?No
EditionPricing DetailsTerms
Flat-rate$1,000per month

We have additional pricing available. Teams can also pay a one-time flat rate. All pricing plans include unlimited users, unlimited data, and no overage fees.

DealRoom Customer Size Distribution

Consumers
0%
Small Businesses (1-50 employees)
40%
Mid-Size Companies (51-500 employees)
60%
Enterprises (> 500 employees)
0%

DealRoom Support Options

 Free VersionPaid Version
Phone
Live Chat
Email
FAQ/Knowledgebase
Social Media
Video Tutorials / Webinar

DealRoom Technical Details

Deployment Types:SaaS
Operating Systems: Unspecified
Mobile Application:No
Supported Languages: English