Most commonly used tool for VDRs
October 28, 2025

Most commonly used tool for VDRs

Anonymous | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User

Modules Used

  • Datasite Diligence

Overall Satisfaction with Datasite Diligence Virtual Data Room

I use Datasite Diligence Virtual Data Room to access and view target company documents for due diligence. Working across multiple projects with different targets on a single platform enables quick and easy access to documents, and the ability to view the contents online removes the risks associated with downloading documents (e.g. data breach, malware). The ability to search across all the documents is helpful when trying to find specific information, as is the feature to submit questions (reduces email clutter).

Pros

  • ability to view the contents online removes the risks associated with downloading documents (e.g. data breach, malware)
  • ability to search across all the documents is helpful when trying to find specific information
  • feature to submit questions (reduces email clutter)

Cons

  • Some document types cannot be previewed (e.g. MS Visio diagrams)
  • Saves time and removes friction
  • Reduces risks around data confidentiality
Generally intuitive
As a technology diligence specialist, on the buyside I'll use whatever the target company has chosen. On the sell side, if asked for a recommendation, I'll usually point clients towards the most suitable solution for their scale and the complexity of the deal.

Do you think Datasite Diligence Virtual Data Room delivers good value for the price?

Not sure

Are you happy with Datasite Diligence Virtual Data Room's feature set?

Yes

Did Datasite Diligence Virtual Data Room live up to sales and marketing promises?

Yes

Did implementation of Datasite Diligence Virtual Data Room go as expected?

Yes

Would you buy Datasite Diligence Virtual Data Room again?

Yes

Datasite Diligence Virtual Data Room is well-suited to complex M&A deals with multiple interested parties and diligence teams, where it simplifies the management of access and distribution of updated information to all parties. For very simple small deals, where there is a single interested party and a low number of team members, a simpler solution may be sufficient.

Comments

  • Sydney Ashmore | TrustRadius Reviewer
    Hello and thank you for your thoughtful review of Datasite Diligence We are so glad to hear the platforms search Q&A and online viewing capabilities have made your due diligence work more efficient and secure. We appreciate your feedback about preview of certain file types and have passed this along to our Product team. Information like this helps our team optimize your experience in the platform. Thanks again for recommending Datasite for complex M&A projects and for expressing interest in Datasite's customer reference program You can reach out to our Product Marketing team at sydney.ashmoredatasite.com for more info. We look forward to supporting your future deals and elevating your success! Best, The Datasite Team

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