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Firmex Virtual Data Room Logo

Securely store and share highly confidential documents

Last updated: March 2025

Table of Contents

Firmex Virtual Data Room - 2025 Pricing, Features, Reviews & Alternatives

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Last updated: March 2025

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.

Firmex Virtual Data Room integrates with the organization’s IT system and provides a customizable interface with personalized branding. The solution enables users to streamline numerous business practices including document viewing, uploading, and revisions, as well as note sharing and collaborations.

Users can invite other individuals or entire teams to a deal and set permissions, granting and restricting access as needed. Permissions can be applied to entire projects, folders, documents, or users. Users can easily drag files or folders into the data room using the drag and drop feature, and tag documents to track changes and assign tasks.

Historical document tracking is simple with the solution’s ‘versions’ feature that automatically displays the most recent version of a document. It also allows users to look back through previous versions to see what changes were made in the past. Users can apply dynamic watermarks to documents, restrict downloading and printing, as well as track and audit user activity. With Firmex, all data is kept in secure data centers with fire and disaster safeguards, along with keycard and biometric access.

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.

Starting from

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Firmex Virtual Data Room's key features

GetApp's analysis of 88 verified user reviews collected between February 2022 and November 2024 identified Firmex Virtual Data Room's most critical features and how it performs according to users.

Data Security

Reviewers appreciate Firmex Virtual Data Room's robust data security capabilities. They highlight the ability to set security levels by folder, user, project, and document, and the application of watermarks. Users report that Firmex's high data security standards are critical for managing sensitive documents, especially in sectors like M&A and law. They find the ability to revoke access and the compliance with standards like HIPAA valuable. They also note the importance of the servers being located in Germany for added security assurance. Of the 44 Firmex Virtual Data Room users who gave detailed accounts of their use of Data Security, 100% rated this feature as important or highly important.

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“Our clients require strict security around their documents. We have ethical walls and conflicts where we need to set security levels by folder, user, project, and document. Firmex allows for security to be set from the highest to the lowest level. This is a huge benefit to the platform.”
“Ability of the Administrator to apply specific settings such as: viewing/editing, and download capability, as well as watermark application to documents is very useful. The content we are dealing with is quite sensitive in nature so having these features is critical.”

Access Controls/Permissions

Reviewers indicate that Firmex Virtual Data Room's access controls and permissions are highly flexible and essential for managing user access. They appreciate the ability to control who can view, edit, upload, and download documents at various levels, including project, folder, and individual file levels. Users report that this flexibility is important for maintaining confidentiality and managing different stakeholders in transactions. They also find the administrator's full control over access capabilities intuitive and necessary for protecting sensitive information. Of the 50 Firmex Virtual Data Room users who gave detailed accounts of their use of Access Controls/Permissions, 100% rated this feature as important or highly important.

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“Firmex allows me, as Administrator, to control all access and permissions for my working group in order to keep all of our financing documents secure.”
“Access Controls/Permissions allows us to control who reviews the documents, who edits the documents, and who can uploads and downloads documents to the room. This feature's flexibility is very much appreciated. ”

Secure Data Storage

Users report that Firmex Virtual Data Room ensures secure data storage for confidential files. They highlight the importance of knowing that sensitive information is protected and not accessible to unauthorized users. Reviewers appreciate the confidence Firmex provides in preventing data breaches and leaks. They also mention the ease of sharing and accessing financial and proprietary information securely, which is particularly important for law firms and companies handling sensitive client data. Of the 19 Firmex Virtual Data Room users who gave detailed accounts of their use of Secure Data Storage, 100% rated this feature as important or highly important.

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“Similar to data security there are many confidential files that PureTech has put in our VDRs in the past and we need to know they are being stored securely. ”
“We have confidence that the documents are not leaked or breached to users who were not linked to the project.”

Bulk Uploading

Reviewers find Firmex Virtual Data Room's bulk uploading feature efficient and time-saving. They highlight the ease of uploading multiple documents simultaneously, which is critical when dealing with large volumes of data during transactions. Users appreciate the smooth management of the virtual data room and the ability to quickly populate data rooms. They also mention that this capability enhances productivity and facilitates easy and fast transfer of files, making it essential for their workflow. Of the 40 Firmex Virtual Data Room users who gave detailed accounts of their use of Bulk Uploading, 92% rated this feature as important or highly important.

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“Data uploads are simple and quick. Our virtual data rooms contain numerous documents and are frequently updated requiring an efficient process.”
“When populating data-rooms, being able to upload several documents at a times makes this this process quicker. ”

Drag & Drop

Users find the drag-and-drop capability of Firmex Virtual Data Room highly convenient and time-saving. They report that it simplifies the process of moving and uploading documents from various storage locations. Reviewers appreciate the ease of use and the ability to quickly add documents to the data room. They also mention that this capability enhances the overall user experience by making file uploads straightforward and efficient, which is particularly valuable for fast-paced environments. Of the 24 Firmex Virtual Data Room users who gave detailed accounts of their use of Drag & Drop, 92% rated this feature as important or highly important.

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“Super easy to upload files. Would prefer if when I drag a file after having dragged another, it would list 2 files rather than replacing the first file.”
“This feature makes it easy to load data from disparate locations. ”

Secure File Viewer

Reviewers appreciate Firmex Virtual Data Room's secure file viewer for its ability to maintain document security while allowing users to view files without downloading them. They find this capability useful for quickly accessing information and reducing unnecessary downloads. However, some users note challenges with viewing large or detailed documents and Excel files. Despite this, they value the confidentiality and control it provides, making it a helpful tool for managing sensitive documents securely. Of the 25 Firmex Virtual Data Room users who gave detailed accounts of their use of Secure File Viewer, 80% rated this feature as important or highly important.

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“being able to view a file inside the application rather than having to download increases security and reduces the amount of unnecessary downloads”
“Nice to have, allows me to get a quick understanding of a document without downloading and viewing.”

All Firmex Virtual Data Room features

Features rating:

Watermarking
User Management
Two-Factor Authentication
Secure Login
Remote Access/Control
Full Text Search
Document Review
Activity Tracking
Document Management
Document Storage
File Management
Data Storage Management
Data Import/Export
Authentication
Compliance Management
Search/Filter
Audit Trail
Document Classification
Automatic Backup
Role-Based Permissions
Multi-Factor Authentication
SSL Security
Collaboration Tools
Customizable Branding
Alerts/Notifications
Third-Party Integrations
Mobile Access
API
Reporting & Statistics
Reporting/Analytics
File Upload by Email
Q&A Management
Version Control
Tagging
Single Sign On
Audit Management
Commenting/Notes
Project Management
HIPAA Compliant
Monitoring
Indexing

Firmex Virtual Data Room awards

Firmex Virtual Data Room alternatives

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4.8
(332)
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10

Per month

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Starting from

Empty state illustration for "No pricing info"

No pricing info

Free trial
Free version
Ease of Use
Features
Value for Money
Customer Support

Firmex Virtual Data Room pricing

Starting from

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No pricing info

Pricing details
Subscription
Free trial
Free plan
Pricing range
view pricing plans

User opinions about Firmex Virtual Data Room price and value

Value for money rating:

Of 24 reviews that provide robust commentary on Firmex Virtual Data Room's price and value, 92% mention it in a positive light.

Most reviewers indicate that Firmex Virtual Data Room offers great value for money, highlighting its competitive pricing and robust functionality. They appreciate the flat cost structure, which allows for predictable budgeting regardless of deal size. Users think the platform is easy to use and intuitive, comparing favorably to more expensive alternatives. They find it cost-effective, with a combination of essential features and reliable performance. Some users report that it saves time, money, and resources. However, a few reviewers feel the platform can be more expensive and somewhat dated compared to other options.

Check .

To see what individual users think of Firmex Virtual Data Room's cost and value, check out the review excerpts below.

“The flat cost is a huge benefit as well, I use it for every deal I'm a part of.”
“Compared to other VDRs I was able to demo the combination of cost and performance is outstanding.”
“Typically more expensive, platform can feel a little older/dated”

Firmex Virtual Data Room support options

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 reviews

Overall rating

4.8

/5

332

Positive reviews

99

%

Rating breakdown
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend9.3/10
Rating distribution

5

4

3

2

1

269

59

3

0

1

Pros
“I like that it is user friendly and cost effective relative to alternatives. Also excellent customer service.”
“It is an essential service used for mid market m&a. Overall experience has been great, with exceptional customer service and ease of use.”
“We use firmex internally for our staff in addition we use Firmex to send documents to our customer. Its user friendly and easy to navigate once you have been granted access.”
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.”

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:
French, English


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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