DealRoom Reviews

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248 Reviews

- Industry: Real Estate
- Company size: 2–10 Employees
- Used for Free Trial
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 8.0 /10
Excellent tool
Reviewed on 2018/12/14
so far so good!
so far so good!
Pros
saving time. technology helps put decisions into action
Cons
bit expensive. been trying to create something proprietary
Response from DealRoom
Thanks for the review Dan! Glad to hear everything is going well so far and glad the platform is helping you save time. Let us know if we can do anything else to help!
- Company size: 11–50 Employees
- Used 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
High quality and reliable
Reviewed on 2018/04/17
Virtual data room to track buyers and provide them access to sensitive company documents for their...
Virtual data room to track buyers and provide them access to sensitive company documents for their due diligence.
Pros
The security and ease of use is very helpful. We are able to get potential buyers all of the relevant documents in a concise manner and to track who is reading what documents.
Cons
Being used to other virtual data room databases, it takes a bit of time to get up the learning curve on the nuances of DealRoom versus others.
- Industry: Mental Health Care
- Company size: 501–1,000 Employees
- Used Daily for 1-5 months
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 7.0 /10
Good M&A organizing Software
Reviewed on 2021/10/06
Great customer support
Great customer support
Pros
the pre-loaded lists to things to choose from, organization and periodization of tasks.
Cons
New to it so still struggling to figure it all out. I really dislike that I can't track contacts and follow up prior to getting someone to a possible deal.
- Industry: Financial Services
- Company size: 201–500 Employees
- Used Weekly for 6-12 months
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
DealRoom is most intuitive data room I've used thus far and customer support has been great.
Reviewed on 2018/04/17
Pros
This software is easy to use and very intuitive. We've had several clients comment about how simple the experience has been so far.
Cons
There are no real cons about this product thus far. I have not had any issues using DealRoom since I became a customer.
- Industry: Investment Management
- Company size: 2–10 Employees
- Used for Free Trial
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Review Source
Overall rating
- Ease of Use
- Likelihood to recommend 9.0 /10
Well-designed Data Room
Reviewed on 2018/07/27
I was given access as part of a due diligence data room. The file structure was easy to understand,...
I was given access as part of a due diligence data room. The file structure was easy to understand, and downloading was simple. There were a number of features that were beyond my typical data room experience, but I believe could be useful.
Pros
The ability to request information through the platform, the download process was easy.
Cons
While intrigued by the ability to request information, I didn't use it, because I generally err towards direct email asks. If this was an internal project, I could see the use for the information request features.
Response from DealRoom
Thanks for your feedback on using requests! If it was ever something you were looking to use in an upcoming project feel free to get in touch and happy to talk about best use cases. Thanks again!
- Industry: Management Consulting
- Company size: 1,001–5,000 Employees
- Used for 6-12 months
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Review Source
Overall rating
- Ease of Use
- Likelihood to recommend 5.0 /10
Deal Room
Reviewed on 2018/12/27
Served as a buy side consultant
Served as a buy side consultant
Pros
Easy indexing
easy to navigate tree
clear TOC
Cons
difficult to download
Q&A had too many approval steps
Response from DealRoom
Thanks for the review! Glad the platform was easy to index and navigate. We have requests you can download, not necessarily Q&A, but happy to have someone on our team go over it with you! Thanks again!
- Industry: Investment Banking
- Company size: 2–10 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 10.0 /10
Fantastic Agile M&A platform
Reviewed on 2018/09/06
The platform offer a very good user experience and enable the administrator to anticipate potential...
The platform offer a very good user experience and enable the administrator to anticipate potential challenges in the process.
M&A advisers can clearly benefit from DealRoom Agile M&A.
DealRoom also has a very good cost/benefit and flexible pricing structure.
Pros
DealRoom has fantastic and unique features It is possible to upload the Request Lists and link related documents.
Cons
I think new features, like investors and targets contact logs, would be great.
Response from DealRoom
Glad to hear using requests and linking documents has helped save time in your process. The agile M&A techniques are great to use in conjuction with the software. Thanks for the positive feedback!
- Industry: Food & Beverages
- 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
Extremely Useful for Collaboration
Reviewed on 2019/03/12
Pros
We work on a small team that is spread out across multiple offices and this software enabled up to collaborate seamlessly and check on the progress of a task without being intrusive. Very easy to use.
Cons
There was a bit of a learning curve but once we figured out the software, it was excellent.
Response from DealRoom
Thank you so much for the review! Glad your team was able to collaborate and communicate over the platform. Happy to hear after the initial learning curve it was easy to use as well. Thanks!
- Industry: Investment Management
- Company size: 11–50 Employees
- Used Weekly for Free Trial
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 9.0 /10
Great Project Management Resource Tool
Reviewed on 2018/12/14
Pros
Ease of navigation; ability to assign tasks to individuals; combination of data room with project management
Cons
It would be helpful if you could hover your mouse over the "reply" icon and view the message instead of having to click
Response from DealRoom
Thanks for the review! Great to hear the combination of data room and project management would be useful for you, our main goal is to provide a tool to create efficiency in M&A. Let us know if you have a live project to try using the platform on! Thanks again
- Industry: Financial Services
- Company size: 10,000+ Employees
- Used Weekly for 1-5 months
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Review Source
Overall rating
- Ease of Use
- Likelihood to recommend 7.0 /10
In Line with peer Companies
Reviewed on 2018/12/18
Easy to use in compared to other datarooms out there.
Easy to use in compared to other datarooms out there.
Pros
Intuitive to use, easy to search for documents.
Cons
No major issues! Seems like the speed of the site is good and easy to download. Would be nice to see what items you have already downloaded though.
Response from DealRoom
Thanks for the review! Happy to hear the interface was user friendly and easy to use compared to other vendors! Appreciate you taking time to leave feedback for us, thanks!

- Used Daily for 1-5 months
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
Simple and intuitive, DealRoom's interface made sharing and facilitating a breeze.
Reviewed on 2018/04/23
Pros
We loved the ability to loop in constituents from a variety of places to see only what they needed to see, as well as the granular level of visibility and control that made monitoring and compliance as pain-free as possible.
Cons
There were a few features that would have been great out of the box that weren't available, but our account team was happy to help us develop user-side solutions to accommodate nearly everything we wanted to do.
Response from DealRoom
Thanks for the feedback Michael and glad you had a good experience with the interface. Happy our team was able to help out as well! If there's anything else we can help with feel free to get in touch
- Industry: Banking
- Company size: 10,000+ Employees
- Used Daily for 1-5 months
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 7.0 /10
Fast and intuitive
Reviewed on 2019/06/26
I have only used DealRoom as a user, but am definitely open to considering it as an administrator...
I have only used DealRoom as a user, but am definitely open to considering it as an administrator during upcoming engagements.
Pros
What I liked most was the speed and ease of the bulk download function. Due to the transactional nature of my work, I have used many different data room providers. DealRoom certainly performs in the top range and compares amongst the best. The ability to access and save a bulk download link is particularly useful when my internet connection may be patchy while travelling, and I might require multiple tries to download a file.
Cons
The notifications feature could be improved. As my organisation removes the formatting from emails, it would be very useful to have an option to send notifications as text (without html).
Response from DealRoom
Thanks for the feedback Jonathan! Glad all the features have been useful for you and for your thoughts on the notifications. Happy to hear you're open to using it as an admin as well. Feel free to get in touch with us directly to discuss more at any time!
- Industry: Accounting
- Company size: 10,000+ Employees
- Used Daily for 6-12 months
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Review Source
Overall rating
- Ease of Use
- Likelihood to recommend 6.0 /10
Simple but user-friendly
Reviewed on 2020/08/03
Good overall experience with using the platform to monitor new documentation that gets uploaded....
Good overall experience with using the platform to monitor new documentation that gets uploaded. While there's room for improvement, most of the basics are handled pretty well.
Pros
The software platform is easy to navigate and use for document reviews and downloads.
Cons
Lack of features typically offered by other third-party providers like bulk download, VDR export among others.
Response from DealRoom
Thanks Luis! Glad you had an overall positive experience and the platform was easy to use. We have bulk download capability and Export index functionality located on the Documents tab. Hope to work with on another project!
- Industry: Law Practice
- Company size: 201–500 Employees
- Used Weekly 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
DealRoom
Reviewed on 2021/02/18
We often use DealRoom to manage transactions--such a big help to keep everyone organized and on the...
We often use DealRoom to manage transactions--such a big help to keep everyone organized and on the same page.
Pros
My favorite is the ability to download the data room index and keep folders organized. Organization is key!
Cons
There isn't anything I like least about the software.
Response from DealRoom
Thanks for the positive review Whitney! Glad to hear you're happy as a long time user. Hope to continue to work with you on transactions in the future!
- Industry: Investment Banking
- 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
DealRoom is very easy to use
Reviewed on 2020/07/24
Pros
Our analyst recently departed I so I had to quickly step into manage the VDR for a client transaction. To my happy surprise, DealRoom was very to use (and very intuitive). I highly recommend the product.
Cons
Nothing comes to mind. Perhaps the analytics behind how folks are using the VDR could be enhanced.
Response from DealRoom
Thanks John! Appreciate the positive feedback and glad it was pick for you to pick up during a transaction. Thanks again for the review!
- Industry: Accounting
- Company size: 10,000+ Employees
- Used Monthly for 1+ year
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 8.0 /10
Practical and good relationship cost-benefit
Reviewed on 2021/09/30
It has been a good experience. The interface is fine though it could be more user friendly
It has been a good experience. The interface is fine though it could be more user friendly
Pros
Affordable product, practical, it is a good alternative for small-mid sized companies that want to invest in a virtual data room in an M&A context
Cons
Ease of use can improve, could be more user-friendly and allow a better response to multiple downloads
Response from DealRoom
Thanks for the review Edgar! If you would like to provide usability feedback by emailing [email protected], it would be great to hear how we can make the interface more intuitive! Appreciate you taking time to leave a review!
- Industry: Food Production
- Company size: 501–1,000 Employees
- Used for 1+ year
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Review Source
Overall rating
- Ease of Use
- Likelihood to recommend 6.0 /10
General comment
Reviewed on 2021/02/26
Very good overall
Very good overall
Pros
Ease of access and download, limit that need for attachment
Cons
Sometime hard to navigate. going back and forth should be simplify
Response from DealRoom
Thanks for the feedback Gilles! Glad the platform was easy to use and easy to download from. If you're able to contact [email protected] with additional context on simplifying going back and forth, happy to discuss further! Thanks for taking time to leave us a review!
- Industry: Medical Devices
- 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 5.0 /10
Average Software
Reviewed on 2020/10/04
Average experience. Wanted to have a place to safely show internal documents to external users.
Howe...
Average experience. Wanted to have a place to safely show internal documents to external users.
However, the user experience feedback from the external users were less then positive.
Pros
- setup is simple
- customer service is great
- templates are helpful
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Cons
misses a range of features to make the jump from average to good
missing:
- bookmarking for users to indicate on which document they were
- individual commenting of documents visible for all
- user specific marking of documents for working through the document
- large excel sheets are not possible to view in a good way. Any kind of zoom feature for this format is missing
Response from DealRoom
Thanks for the review Tobias! Glad you had a positive experience with our customer support and the platform was easy to use. Appreciate the feedback on the excel viewer. For comments, we suggest attaching the document (down to the page level) to a request and have comments take place on the request. Thanks again for leaving a review as it helps us improve the customer experience!
- Industry: Legal Services
- Company size: Self Employed
- Used Weekly for 1-5 months
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Review Source
Overall rating
- Ease of Use
- Likelihood to recommend 9.0 /10
Solid Data Room Solution
Reviewed on 2021/09/27
Overall an effective secure solution for managing the M&A Due Diligence process
Overall an effective secure solution for managing the M&A Due Diligence process
Pros
I use this software on larger m&a deals and it enables very efficient organization and access to data rooms containing a large number of documents
Cons
I can't think of anything to improve the product
Response from DealRoom
Thank you for the review, Francesco!
- Industry: Automotive
- Company size: 5,001–10,000 Employees
- Used Weekly for 6-12 months
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Review Source
Overall rating
- Ease of Use
- Likelihood to recommend 10.0 /10
Great tool
Reviewed on 2018/12/14
We use DealRoom extensively in business acquisition transactions. The sellers can easily provide...
We use DealRoom extensively in business acquisition transactions. The sellers can easily provide requested materials and save them in a designated spot for ease of use. No need to email files back and forth and get multiple versions of the same data.
Pros
DealRoom makes it easy to organize shared files and give access to those who need it. It is a very functional tool and has been a big help to our enterprise
Cons
Have not had any negative experiences yet
Response from DealRoom
Thanks for the great review! Glad to hear it's been a value add to your enterprise. Our main goal is to have a usable tool to make M&A as efficient as possible. Appreciate you taking time to leave feedback and we appreciate your firm choosing to work with us!
- Industry: Financial Services
- Company size: 10,000+ Employees
- Used Daily for 1-5 months
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Review Source
Overall rating
- Ease of Use
- Likelihood to recommend 10.0 /10
Virtual Data Room Use
Reviewed on 2021/09/21
Pros
How files were organized and the email alerts I received when new files have been uploaded.
Cons
Difficult to determine date of file uploads through the deal room website.
Response from DealRoom
Hi Erin! Thanks for taking time to leave a review and glad to hear you would recommend DealRoom to others. For the date of upload, there is a column on the right side that lists the date. You can also filter by date from the Recent Files tab in the upper left! Thanks again for the feedback!
- Industry: Financial Services
- Company size: 201–500 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 8.0 /10
Great Intuitive Product for Great Cost
Reviewed on 2021/09/21
In our 4 months with DealRoom, our rep has always been available when needed. The software is easy...
In our 4 months with DealRoom, our rep has always been available when needed. The software is easy to manage and allows easy organization.
Pros
Intuitive and easy to navigate...easy to provide permissions and controls over data
Cons
Clearing the template in the beginning to fit our needs/structure...didn't seem easy and needed to solicit help.
Response from DealRoom
Thanks Sarah! Glad to hear the platform was easy to navigate and your rep has been responsive and helpful! Appreciate the template feedback, that's an area we are working to improve. Thanks again for taking the time to leave a review!
- Industry: Investment Management
- 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
Dealroom Review
Reviewed on 2018/12/18
Pros
Easy to access user interface, speed is never an issue. The ability to track specific requests on an individual basis is valuable.
Cons
No obvious cons, some files have trouble downloading, but assume that is user error more so than Dealroom issues
Response from DealRoom
Thanks for the review Ben! Glad to hear the interface was easy to use and using requests added value! Appreciate the high recommendation
- Industry: Civil Engineering
- Company size: 1,001–5,000 Employees
- Used Weekly 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
Great due diligence management tool
Reviewed on 2021/02/18
Pros
The flexibility of the tool and the ability to track user progress and ping them through the tool to make updates
Cons
The downloading and uploading of documents is a little clunky, otherwise it’s very powerful but super expensive compared to other competitor options
Response from DealRoom
Thanks for the positive review Maddie! Glad the platform has been easy to use and has helped track progress. We appreciate the feedback!
- Industry: Pharmaceuticals
- Company size: 11–50 Employees
- Used Daily 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
Best Product for Sharing Document
Reviewed on 2021/02/18
We were sharing documents on the sale of our business
We were sharing documents on the sale of our business
Pros
This product was very easy to use. It is pretty self explanatory. File upload quickly and allows multiple persons access to the files
Cons
Nothing that comes to mind. Well thought out program
Response from DealRoom
Thanks for the high likelihood to recommend Dominic! Glad to hear the platform was easy to use and intuitive. Appreciate the positive review!