DealRoom

4.6 (248)
Write a Review!
M&A Lifecycle Management Platform

About DealRoom

DealRoom is a cloud-based Agile M&A project management software that combines virtual data room features, communication tools, pipeline management, and diligence tracking all on a single platform.

Users can upload files to DealRoom in bulk with drag-and-drop upload and automatic indexing functionality. Permissions can be managed for each file and folder, giving users control over which documents can be viewed, downloaded, or printed, and watermarks can be applied as necessary. Full-text search enables the location of information or documents using phrases or keywords, and files can be linked with requests, allowing users to view related requests from within the document. All requests are presented in a visual list, providing users with an at-a-glance view of their priority, status, and date on which they were last updated. Custom labels can be used for further organization, and the progress of all requests can be viewed on a single page.

DealRoom leverages machine learning to remove the need to manually answer duplicate requests by automatically suggesting previous responses and related documents. Diligence progress can be tracked over time, and any requests flagged as high priority or high risk can be monitored. All document activity can be tracked, including who uploaded or downloaded files, who viewed documents, and when. Buyer engagement is also visualized, allowing users to see which buyers spend the most time reviewing diligence requests.


Key benefits of DealRoom

  • Drag-and-drop upload allows users to upload documents, files, and folders in bulk, with all files automatically indexed and users able to control viewing, downloading, and printing restrictions.

  • Full text search allows users to locate information or documents based on keyword or phrases, including keyword search within documents.

  • All requests can be organized in a single view, with at-a-glance information on status and priority, notifications for overdue requests, and the ability to add custom labels for organization.

  • DealRoom leverages machine learning to automatically suggest related responses and documents for duplicate requests.

  • Diligence progress can be tracked over time, and users can monitor any requests which are tagged as high priority or risk.

  • Images

    DealRoom Software - All requests can be viewed in a single list, with at-a-glance information on priority and status
    DealRoom Software - Document activity can be visualized
    DealRoom Software - All request progress can be viewed in a single panel
    DealRoom Software - Comments can be added to each request, and relevant documents can be linked
    DealRoom Software - Multiple documents can be uploaded with drag-and-drop upload
    DealRoom Software - Permissions can be managed for each file and folder
    DealRoom Software - Full text search allows users to locate information within documents
    DealRoom Software - Users can view all linked requests from within each document
    DealRoom Software - Users can generate reports and export information
    DealRoom Software - Diligence request progress can be tracked over time
    View 12 more
    DealRoom video
    DealRoom video
    DealRoom Software - All requests can be viewed in a single list, with at-a-glance information on priority and status
    DealRoom Software - Document activity can be visualized
    DealRoom Software - All request progress can be viewed in a single panel
    DealRoom Software - Comments can be added to each request, and relevant documents can be linked
    DealRoom Software - Multiple documents can be uploaded with drag-and-drop upload
    DealRoom Software - Permissions can be managed for each file and folder
    DealRoom Software - Full text search allows users to locate information within documents
    DealRoom Software - Users can view all linked requests from within each document
    DealRoom Software - Users can generate reports and export information
    DealRoom Software - Diligence request progress can be tracked over time

    Not sure about DealRoom? Compare with a popular alternative

    DealRoom

    4.6 (248)
    VS.
    Highly reviewed

    Starting Price

    US$1,250.00
    month
    No pricing found

    Pricing Options

    Free version
    Free trial
    Free version
    Free trial

    Features

    40
    47

    Integrations

    4
    No integrations found

    Ease of Use

    4.5 (248)
    4.7 (328)

    Value for Money

    4.4 (248)
    4.7 (328)

    Customer Service

    4.6 (248)
    4.9 (328)
    Green rating bars show the winning product based on the average rating and number of reviews.

    Alternatives

    Datasite Diligence Virtual Data Room

    4.7
    #1 Alternative to DealRoom
    Datasite Diligence is a cloud-based virtual data room solution for investment bankers, corporate developers, law firms,...

    Firmex Virtual Data Room

    4.8
    #2 Alternative to DealRoom
    Secure virtual data rooms for investment banks, law firms, private equity groups, and corporations to share documents...

    Microsoft Excel

    4.8
    #3 Alternative to DealRoom
    Excel is a spreadsheet management software program with data analysis tools to help users track and visualize data for...

    Ansarada

    4.7
    #4 Alternative to DealRoom
    AI-powered virtual data room platform for deal management and collaboration, from mergers & acquisitions to capital...

    Reviews

    Overall rating

    4.6 /5
    (248)
    Value for Money
    4.4/5
    Features
    4.3/5
    Ease of Use
    4.5/5
    Customer Support
    4.6/5

    Already have DealRoom?

    Software buyers need your help! Product reviews help the rest of us make great decisions.

    Showing 5 reviews of 248
    Daniel (Dan)
    Daniel (Dan)
    Overall rating
    • Industry: Real Estate
    • Company size: 2–10 Employees
    • Used for Free Trial
    • 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!

    Verified Reviewer
    Overall rating
    • Company size: 11–50 Employees
    • Used for 6-12 months
    • 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.

    Amy
    Overall rating
    • Industry: Mental Health Care
    • Company size: 501–1,000 Employees
    • Used Daily for 1-5 months
    • 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.

    Verified Reviewer
    Overall rating
    • Industry: Financial Services
    • Company size: 201–500 Employees
    • Used Weekly for 6-12 months
    • 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.

    Verified Reviewer
    Overall rating
    • Industry: Investment Management
    • Company size: 2–10 Employees
    • Used for Free Trial
    • 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!

    Showing 5 reviews of 248 Read all reviews

    DealRoom FAQs

    Below are some frequently asked questions for DealRoom.

    DealRoom offers the following pricing plans:

    • Starting from: US$1,250.00/month
    • Pricing model: Subscription
    • Free Trial: Available

    Basic: starting from $1,000/month. Professional: starting from $2,000/month Enterprise: contact DealRoom for pricing information.

    DealRoom has the following typical customers:

    Self Employed, 2–10, 11–50, 51–200, 201–500, 501–1,000, 1,001–5,000

    DealRoom supports the following languages:

    English

    DealRoom supports the following devices:

    DealRoom integrates with the following applications:

    Microsoft 365, Microsoft Outlook, Salesforce Sales Cloud, Slack

    DealRoom offers the following support options:

    Email/Help Desk, Phone Support, 24/7 (Live rep), Chat

    Related categories

    See all software categories found for DealRoom.