Ideals Virtual Data Room Reviews

Ideals Virtual Data Room

4.8 (308)
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Secure and effortless document sharing and confidential comm

Overall rating

4.8 /5
(308)
Value for Money
4.6/5
Features
4.6/5
Ease of Use
4.7/5
Customer Support
4.8/5
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308 Reviews

Alexander
Alexander
Overall rating
  • Industry: Biotechnology
  • Company size: 11–50 Employees
  • Used Monthly for 1-5 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Would Highly Recommend

Reviewed on 2020/12/08

I have had really good use of the product so far with a good customer experience

I have had really good use of the product so far with a good customer experience

Pros

iDeals is a very good easy to use and intuitive software that other people can quickly pick up and use. It was easy to implement internally and get access to both key internal stakeholders and external personnel. Would highly recommend

Cons

It really has limited flaws; it lacks in the complexity of some of the larger competitors however I feel that these parts of the software can be found in other places

Reasons for Choosing Ideals Virtual Data Room

Easier to use and more people recommended iDeals

Switched From

Visma Severa

Reasons for Switching to Ideals Virtual Data Room

Better recommended and better priced
Michael
Overall rating
  • Industry: Real Estate
  • Company size: 11–50 Employees
  • Used Daily for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Michael Davey iDeals Review

Reviewed on 2024/07/31

Pros

The ease of uploading and organizing the documents and users

Cons

Sometimes I think the permission sets get a bit confusing and could be more clear

Nicholas
Overall rating
  • Industry: Financial Services
  • Company size: 11–50 Employees
  • Used Monthly for 6-12 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 7.0 /10

Ideals

Reviewed on 2021/05/27

Pros

The ability to send people notifications when uploading documents

Cons

Not a nice UX, quite clunky, also it was more expensive then others

Gabriel
Overall rating
  • Industry: Consumer Services
  • Company size: 11–50 Employees
  • Used Weekly for 1-5 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 9.0 /10

Simple to set up and manage - highly recommended!

Reviewed on 2024/09/11

Pros

Support to set up the projects and VDRs. Ease of use. Visibility on the interactions between users and the VDR.

Cons

During the 4 months we've used it, I couldn't find any cons. There are obviously some minor suggestion on the product, but nothing I'd classify as a con.

Joshua
Overall rating
  • Industry: Oil & Energy
  • Company size: 11–50 Employees
  • Used Daily for 6-12 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Great platform for administering large tenders

Reviewed on 2024/09/05

Quick and efficient for handling bids with a large number of applicants

Quick and efficient for handling bids with a large number of applicants

Pros

No direct communications communication with bidders, since all communications are managed through the iDeals platform

Cons

Not being able to remain signed in and having to log in everytime

Cristiano
Overall rating
  • Industry: Financial Services
  • Company size: 51–200 Employees
  • Used Daily for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 3.0 /10

Essential instrument

Reviewed on 2024/05/15

Pros

Easy use and well known in the m&a market

Cons

Nothing in particular to underljne

Gary
Overall rating
  • Industry: Medical Devices
  • Company size: 51–200 Employees
  • Used Weekly for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

iDeals is ideal

Reviewed on 2024/07/15

Way above expectations as a meaningful asset to the whole company

Way above expectations as a meaningful asset to the whole company

Pros

Easy to use for general business execs -- non-IT
Intuitive navigation
Cost-efficient
Good enhancements/upgrades recently made

Cons

Dashboard is useless for me yet it is the default landing page

Michael
Overall rating
  • Industry: Financial Services
  • Company size: 2–10 Employees
  • Used Weekly for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Reliable and Customizable Data Room

Reviewed on 2024/06/04

Pros

How customizable you can make data / folder access.

Cons

Not applicable, no cons to raise for this item.

Teresa
Overall rating
  • Industry: Chemicals
  • Company size: 11–50 Employees
  • Used Weekly for 1+ year
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Using iDeals VDR for Series A Fund Raising

Reviewed on 2024/07/03

iDeals VDR is an extremely user friendly platform. Our potential investors found it easy to use...

iDeals VDR is an extremely user friendly platform. Our potential investors found it easy to use too. We successfully raised investment with the aid of this software and we'll be using it again for our next fund raise.

Pros

Easy to set up and good support from the iDeals team
A really good tool to share company information/documents with potential investors.
Cost effective

Cons

Need to pay additional fees for extra data storage

Christian
Overall rating
  • Industry: Financial Services
  • Company size: 2–10 Employees
  • Used Monthly for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 8.0 /10

Best choice for M&A

Reviewed on 2024/06/28

We like to use it and can recommend i to any M&A-consultant.

We like to use it and can recommend i to any M&A-consultant.

Pros

Customer support und easy set up. Furthermore it's easy to use and mostly self-explaining. Pricing is reasonable for our SME clients and there's no hidden fees.

Cons

There's nothing to be stated, what we don't like.

Alternatives Considered

Virtual Vaults
Max
Overall rating
  • Industry: Luxury Goods & Jewelry
  • Company size: 201–500 Employees
  • Used Monthly for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 9.0 /10

Satisfied iDeals Client

Reviewed on 2024/06/28

Have used iDeals for investor relations, fundraising, M&A, and internal file sharing and it has...

Have used iDeals for investor relations, fundraising, M&A, and internal file sharing and it has always gotten the job done

Pros

Easy to upload docs; easy to invite users and set permissions

Cons

Only 2 complimentary USBs per billing cycle

Alternatives Considered

Intralinks VDRPro and Venue Virtual Data Room

Reasons for Switching to Ideals Virtual Data Room

Satisfied with iDeals ease of use and pricing and didn't want to deal with hassle of switching over
Mark
Overall rating
  • Industry: Renewables & Environment
  • Company size: 51–200 Employees
  • Used Weekly for 1+ year
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

iDeals Virtual Data Room Review

Reviewed on 2020/10/01

We use iDeals as a central repository of key company data. This helps us to have one source of...

We use iDeals as a central repository of key company data. This helps us to have one source of truth for information that could be communicated outside the company. We also use our data room to communicate with external parties. iDeals makes the experience easy for all parties. Initial setup took minutes, training and support resources have been readily available, system performance is reliable, and user feedback has been positive.

Pros

There are many things that my company loves about iDeals. First, the user interface is intuitive. We are often sharing access with external parties, and we rarely need to answer questions about how to use the software. As an administrator, the help resources and customer support have been fantastic. Pricing has been reasonable, and the iDeals team has been able to work quickly when we have needed their help.

Cons

Some of the reporting features are not quite as intuitive as other aspects of the software.

Alternatives Considered

Datasite Diligence Virtual Data Room

Reasons for Choosing Ideals Virtual Data Room

We mainly needed software that allowed for multiple administrators, and we were pleased with the user interface of iDeals compared to our previous data room software. iDeals just felt more modern, and since we are communicating with external parties through our data room we wanted their experience to be professional.

Reasons for Switching to Ideals Virtual Data Room

We preferred the user interface of iDeals over Merrill DatasiteOne. iDeals also had a more complete set of features at the time we were evaluating software.
Antoine
Overall rating
  • Industry: Investment Banking
  • Company size: 11–50 Employees
  • Used Weekly for 1+ year
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

High Value for Money: a Complete Solution

Reviewed on 2019/10/31

iDeals truly made our lives and that of the clients easier. The user-face is extremely user...

iDeals truly made our lives and that of the clients easier. The user-face is extremely user friendly and easy to manage, while the fees are very affordable to the client as well.

Pros

User friendly product and easily customizable: the interface is very flexible and allows you to truly customize the accessibility of every single file to each user on an individual basis. The support team is extremely helpful as well. The support team is available 24/7 and are very responsive and quick in tackling any issues.
The value for money of this software compared to competitors put iDeals at a clear advantage point.

Cons

I honestly could not find anything to dislike about the software. It is truly a great product 360 degrees.

Pablo
Overall rating
  • Industry: Banking
  • Company size: 11–50 Employees
  • Used Daily for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Excellent platform for M&A deals with a competitive price

Reviewed on 2020/08/27

10/10 with a competitive price and an easy-to-use platform

10/10 with a competitive price and an easy-to-use platform

Pros

Easy to use with a wide range of functionabilities including a well designed Q&A section

Cons

Lack of Spanish local team for a fast support

Reasons for Choosing Ideals Virtual Data Room

Very expensive

Switched From

Intralinks VDRPro

Reasons for Switching to Ideals Virtual Data Room

Good past experience with the product in past M&A deals
Johanna
Overall rating
  • Industry: Nonprofit Organization Management
  • Company size: 11–50 Employees
  • Used Monthly for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Great software

Reviewed on 2024/07/02

The software works as expected and helps speed the distribution of board and membership information.

The software works as expected and helps speed the distribution of board and membership information.

Pros

It is easy to use and it is possible to download documents without issue.

Cons

No cons that I can think of as it is easy to use.

Vinicius
Overall rating
  • Industry: Retail
  • Company size: 201–500 Employees
  • Used Monthly for 1+ year
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 7.0 /10

JOKR VDR Review

Reviewed on 2024/06/28

Pros

It’s very easy and intuitive to use. I also like the permission controls and backup functionality.

Cons

Price is expensive, especially for a company like us that uses it for very specific moments, such as fundraising.

Alternatives Considered

Carta

Reasons for Switching to Ideals Virtual Data Room

Precious experience.
Anh
Overall rating
  • Industry: Hospitality
  • Company size: 1,001–5,000 Employees
  • Used Monthly for 6-12 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 8.0 /10

User's feedback for VDR in M&A transactions

Reviewed on 2024/07/08

Pros

User authorization and authentication are built very carefully and with many options for different roles in deal.

Cons

Some notifications on storage limit and date limit are not on as default, leading to inactive management by users

Laurence
Overall rating
  • Industry: Computer Software
  • Company size: 11–50 Employees
  • Used Daily for 1-5 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 9.0 /10

Ideals data room

Reviewed on 2024/05/15

I have had a very positive experience with ideals

I have had a very positive experience with ideals

Pros

Ideals is a Secure and easy to use product

Cons

Some of the functions took a while to find

Nadia
Overall rating
  • Industry: Financial Services
  • Company size: 11–50 Employees
  • Used Daily for 1-5 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Feedback - VDR Ideals

Reviewed on 2024/06/27

Great and professional services of the support team - I was really and nicely surprised.

Great and professional services of the support team - I was really and nicely surprised.

Pros

Easily to use, great support team, professional looking

Cons

Not being able to choose multiple texts to be displayed when entering on the platform - e.g., NDA and Privacy Policy. Not being able to edit the name of the user once invited on the platform.

Aziz
Overall rating
  • Industry: Biotechnology
  • Company size: 51–200 Employees
  • Used Weekly for 6-12 months
  • Review Source

Overall rating

  • Ease of Use
  • Customer Support
  • Likelihood to recommend 8.0 /10

iDeal Review from Shaperon

Reviewed on 2024/06/05

In overall, its a good platform " Virtual data room" to share the data in the in different...

In overall, its a good platform " Virtual data room" to share the data in the in different confidential ways with third parties

Pros

Easy work space
Can share data with different security options

Cons

Can't transfer a bulk data at once. We must upload data one by one

Håkan
Overall rating
  • Industry: Marketing & Advertising
  • Company size: 2–10 Employees
  • Used Monthly for 6-12 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 8.0 /10

Experience from a few business transactions

Reviewed on 2024/04/09

It works quite well, but you need to educate those who are first time part in a event.
Some of them...

It works quite well, but you need to educate those who are first time part in a event.
Some of them need translations.

Pros

Easy to add internal and external users in the DD-process

Cons

If You do something wrong it can hard to correct.

Franci
Overall rating
  • Industry: Financial Services
  • Company size: 11–50 Employees
  • Used Monthly for 1-5 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 9.0 /10

Sell side RE project

Reviewed on 2024/08/16

In general, simplicity, easy to follow, responsiveness of the staff.

In general, simplicity, easy to follow, responsiveness of the staff.

Pros

It is easy for users to navigate and find documents quickly, efficient tools for uploading, organizing, and managing documents

Cons

Forming the groups like sellers, buyers etc. and assigning the appropriate rights should be more simple or at least there should be a test to check that the rights are assigned properly.

Mark
Overall rating
  • Industry: Oil & Energy
  • Company size: 2–10 Employees
  • Used Monthly for 1+ year
  • Review Source

Overall rating

  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Excellent VDR

Reviewed on 2024/05/07

Pros

Easy to manage including being able to setup permission groups. Also the ability and detail in the audit section was brilliant.

Cons

I'm not sure there was anything negative.

Julien
Overall rating
  • Industry: Renewables & Environment
  • Company size: 1,001–5,000 Employees
  • Used Monthly for 1-5 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Very satisfied!

Reviewed on 2024/07/31

Pros

The VDR is very efficient, user-friendly and has a lot of functionnality.

Cons

I have been very satisfied by the product, and have no negative point to mention until now.

Ken
Overall rating
  • Industry: Investment Banking
  • Company size: 2–10 Employees
  • Used Daily for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 8.0 /10

Pritchard Griffin iDeals review

Reviewed on 2020/10/01

We have been on the platform for approx 4 years and are very satisfied with the product in...

We have been on the platform for approx 4 years and are very satisfied with the product in comparison with other VDR we see.

Pros

Excellent platform which is very easy for VDR users to access/use. Our clients and VDR invitees all like using iDeals - most important.

Cons

Need better macro-level reporting for client to see total storage used and available capacity. We have had instances in which we exceeded our contracted capacity as our deal teams did not know how much space was being consumed in total.
Also suggest having a tutorial for using the desktop version. Our team did not fully appreciate the functionality of the desktop version. The desktop version vastly accelerates upload times and users should be keenly aware at the time they first start using iDeals.