Ideals Virtual Data Room Reviews
Ideals Virtual Data Room
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308 Reviews
- Industry: Biotechnology
- Company size: 11–50 Employees
- Used Monthly for 1-5 months
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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 iDealsSwitched From
Visma SeveraReasons for Switching to Ideals Virtual Data Room
Better recommended and better priced- Industry: Real Estate
- Company size: 11–50 Employees
- Used Daily for 2+ years
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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
- Industry: Financial Services
- Company size: 11–50 Employees
- Used Monthly for 6-12 months
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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
- Industry: Consumer Services
- Company size: 11–50 Employees
- Used Weekly for 1-5 months
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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.
- Industry: Oil & Energy
- Company size: 11–50 Employees
- Used Daily for 6-12 months
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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
- 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
- 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
- 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.
- Industry: Chemicals
- Company size: 11–50 Employees
- Used Weekly for 1+ year
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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
- Industry: Financial Services
- Company size: 2–10 Employees
- Used Monthly for 2+ years
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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- 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
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- Industry: Renewables & Environment
- Company size: 51–200 Employees
- Used Weekly for 1+ year
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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 RoomReasons 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.- Industry: Investment Banking
- Company size: 11–50 Employees
- Used Weekly for 1+ year
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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.
- 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 expensiveSwitched From
Intralinks VDRProReasons for Switching to Ideals Virtual Data Room
Good past experience with the product in past M&A deals- Industry: Nonprofit Organization Management
- Company size: 11–50 Employees
- Used Monthly for 2+ years
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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.
- 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
CartaReasons for Switching to Ideals Virtual Data Room
Precious experience.- Industry: Hospitality
- Company size: 1,001–5,000 Employees
- Used Monthly for 6-12 months
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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
- 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
- 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.
- 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
- 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.
- 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.
- 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.
- 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.
- 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.