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Firmex Virtual Data Room Logo
Firmex Virtual Data Room
4.8
(291)

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Securely store and share highly confidential documents

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(3)

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Firmex Virtual Data Room Pricing, Features, Reviews and Alternatives

Firmex Virtual Data Room product overview

What is Firmex Virtual Data Room?

Firmex Virtual Data Room is a secure online platform for sharing confidential documents within companies such as investment banks, law firms, private equity groups, and corporations. The platform provides a highly adaptive interface that can be tailored to accommodate various types of business workflows. It supports large-scale collaboration and complex security scenarios with numerous parties, and aims to help close more profitable deals quicker, and more efficiently.

Key benefits of using Firmex Virtual Data Room

Firmex's 'Email-in' feature lets users upload documents to the data room via email while out of the office.

Users are in full control of their documents with security settings like access expiry, saving and printing restrictions, dynamic watermarks, and more.

Firmex offers project consultation for creating the best fitted data room to match the organization's needs.

Users can simply send their hard drives to Firmex, and they'll send back a completed and organized data room ready-for-use.

Firmex virtual data rooms store data in secure data centers that hold all major North American, European, and international security certifications.

Typical customers

Freelancers
Small businesses
Mid size businesses
Large enterprises

Platforms supported

Web
Android
iPhone/iPad

Support options

Email/Help Desk
Knowledge Base
Phone Support
FAQs/Forum
24/7 (Live rep)
Chat

Training options

Webinars
In Person
Documentation
Live Online
Videos

Firmex Virtual Data Room pricing information

Value for money

4.7

/5

291

Starting from

ic-pricetag

No pricing info

Pricing options

Free plan
Subscription
Free trial
Pricing range

Value for money contenders

Firmex Virtual Data Room features

Functionality

4.6

/5

291

Total features

47

5 categories

Most valued features by users

Collaboration Tools
Access Controls/Permissions
Alerts/Notifications
Third-Party Integrations
Search/Filter
Document Management
Document Storage
API

Functionality contenders

Firmex Virtual Data Room users reviews

Overall Rating

4.8

/5

291

Positive reviews

Rating breakdown
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend9.28/10
Rating distribution

5

4

3

2

1

234

53

3

0

1

Pros
I like that it is user friendly and cost effective relative to alternatives. Also excellent customer service.
Firmex is the perfect solution at a great price point for our virtual data room needs.
It is an essential service used for mid market m&a. Overall experience has been great, with exceptional customer service and ease of use.
Cons
UX seems boring and outdated. Cannot set viewing restriction for single file.
Few cons, but select users have had trouble receiving Firmex automated emails due to spam filters.
Had to replicate file uploads each time; no tag to put same file into different folders automatically.

Overall rating contenders

AR
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Verified reviewer

Hospital & Health Care, 501-1,000 employees

Used daily for 6-12 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

Share this review:

To be or not to be organized!

Reviewed 5 years ago

Excellent. Easily adapted to our current work environment.

Pros

Ease of use. Simple integration with our current work flow management. Rapid customer response.

Cons

Sometimes difficult to find answers to questions regarding the tool.

Vendor response

Hi, Thank you for your review. We're so pleased our platform integrates with your current work flow smoothly and you've had the chance to speak with our fantastic Support Team! If you have any questions about Firmex features or functionality, we have our Firmex Knowledge Base available online. It has tons of helpful articles, FAQs and how-to videos. https://support.firmex.com/hc/en-us I...

IN
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Ian N.

Renewables & Environment, 10,001+ employees

Used daily for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend9/10

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Simple, yet valuable

Reviewed 5 years ago

I've used Firmex DVR on many projects and it's much easier to use than other solutions. Data rooms requiring training will reduce the utilization by the project team.

Pros

Firmex VDR is easy to use. It offers the ability to toggle quickly between projects, has an intuitive folder structure, and allows for easy uploading and viewing of documents.

Cons

Having an embedded version control option would be valuable, with an easy way to distinguish between drafts and final versions of documents.

Vendor response

Hi Ian, Thanks for the review! With regard to Firmex having an embedded version control option, you'll be glad to know that we have one. Here's a quick summary of our versioning and document status options: Firmex's versioning feature is built-in to our system. You can choose to upload a new document, or a new version of a document. You and your team can always access the version history, while...

KC
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Kevin C.

Investment Banking, 51-200 employees

Used weekly for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend7/10

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Good Product, Secure and User Friendly

Reviewed 5 months ago
Pros

It has all the functions needed to effectively manage a dataroom. I trust the security of the datarooms.

Cons

I cannot download files with watermark based on a specific user's access.

Vendor response

Thanks for the feedback. As for your issue downloading files with a watermark, there could be a couple instances of why this is happening but without further details I can only speculate. For security reasons, only users themselves can download files with watermark as the watermark is specific to each user. However, if you don't see an option to download files outside of our view as feature, please ensure download is enabled as both office & PDF files can be downloaded with watermarks. As always, please reach out to our support team which is available 24/7 for all users that are associated to your project. Also, I am available to connect if this may be a product issue, my email is james.lehuquet@firmex.com

JB
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Jim B.

Environmental Services, 201-500 employees

Used daily for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend7/10

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Corporate M&A Virtual Data Room Review

Reviewed 3 months ago
Pros

Firmex is an all-around great virtual data room for middle-market M&A transactions. It provides M&A professionals and deal participants with an easy-to-use and secure platform to get transactions done, at a low cost.

Cons

Firmex does not have all of the premium features that you may get with higher-priced platforms.

Vendor response

Thanks for the feedback as we aim to be the top VDR provider for the middle-market with an easy to use and secure platform. As for the bells and whistle features that we don't have compared to some legacy high end providers, that is where the price differential comes into play. We don't bill per page as well as price gouge our clients. We offer a top tier platform that does over 20,000 data rooms a year which is the most in the industry.

MR
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Mark R.

Information Technology and Services, 51-200 employees

Used daily for 1-2 years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

Share this review:

Firmex VDR

Reviewed 2 years ago

I am happy when others present their due diligence files to us in Firmex, as I am 100% comfortable with it/

Pros

i have used Firmex multiple times in my career as a CFO and as the Administrator of the VDR. I have mostly used in in an M&A due diligence VDR model. I find the software to be intuitive and easy to use. I have had very few users come back to me and not understand how they can gain access tot he files they need, so it is first time user intuitive as well.

Cons

On con is to ensure you set up the file structure correctly in the first instance, as it will impact the flexibility you need to create multiple group access restrictions.

Vendor response

Thanks for the feedback on how intuitive and easy to use the platform is based on your experience. We do have the ability to drag and drop folder and documents to reorganize them if they are in the incorrect order. Our support team is 24/7 and always available for any questions you may have, I always encourage our clients to speak with our support team for any assistance needed. Feel free to reach out to me with any questions james.lehuquet@firmex.com. - James Le Huquet, Director of Sales

Firmex Virtual Data Room FAQs

Q. What type of pricing plans does Firmex Virtual Data Room offer?

Firmex Virtual Data Room has the following pricing plans:
Free Trial: Available


Q. Who are the typical users of Firmex Virtual Data Room?

Firmex Virtual Data Room has the following typical customers:
Freelancers, Large Enterprises, Mid Size Business, Non Profit, Small Business


Q. What languages does Firmex Virtual Data Room support?

Firmex Virtual Data Room supports the following languages:
English, French


Q. Does Firmex Virtual Data Room support mobile devices?

Firmex Virtual Data Room supports the following devices:
iPad, iPhone


Q. Does Firmex Virtual Data Room offer an API?

Yes, Firmex Virtual Data Room has an API available for use.


Q. What level of support does Firmex Virtual Data Room offer?

Firmex Virtual Data Room offers the following support options:
Email/Help Desk, Knowledge Base, Phone Support, FAQs/Forum, 24/7 (Live rep), Chat

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