DealRoom Pricing, Features, Reviews & Alternatives

DealRoom

Agile M&A project management with due diligence tracking

4.57/5 (224 reviews)

DealRoom overview

What is DealRoom?

DealRoom is a cloud-based agile M&A project management software which combines data storage, communication tools, and diligence tracking in 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 progress of all requests can be viewed in 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.
dealroom.net

Pricing

Starting from
$1000/month
Pricing options
Free trial
Subscription
Value for money
View Pricing Plans

Devices

Business size

S
M
L

Markets

United States, Australia, Canada

Supported languages

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DealRoom screenshot: All requests can be viewed in a single list, with at-a-glance information on priority and statusDealRoom - The Integrated Due Diligence Managment PlatformDealRoom screenshot: Document activity can be visualizedDealRoom screenshot: All request progress can be viewed in a single panelDealRoom screenshot: Comments can be added to each request, and relevant documents can be linkedDealRoom screenshot: Multiple documents can be uploaded with drag-and-drop uploadDealRoom screenshot: Permissions can be managed for each file and folderDealRoom screenshot: Full text search allows users to locate information within documentsDealRoom screenshot: Users can view all linked requests from within each documentDealRoom screenshot: Users can generate reports and export informationDealRoom screenshot: Diligence request progress can be tracked over timeImproving M&A process with DealRoomA Better M&A Process | DealRoom

DealRoom user reviews

Value for money
Features
Ease of use
Customer support
  4.4
  4.3
  4.5
  4.6
Ovais A. S.

Excellent platform with ease of use

Used daily for 1-2 years
Reviewed 2018-04-17
Review Source: Capterra

It helps us manage the document / info sharing between the client, our firm and the potential investors. It also allows us to manage users, their permissions etc. It is also helping us managing the analytics on user access. It is easier to upload large size files and share it with intended users which is not possible on outlook due to size limits.

Pros
Dealroom is easy to use, you can populate dealroom with your due diligence folders and create due diligence list right inside the dealroom instead of sending the due diligence list separately to your clients.

Cons
Missing Outlook plugin which is mostly available will update tab that would allow execution team to update status on this would allow execution team to update status on transactions.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

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Mark O.

DealRoom review

Used daily for 6-12 months
Reviewed 2019-07-02
Review Source: Capterra

Great tool for us to share very sizeable documents at a reasonable cost.

Pros
DealRoom is very easy to set up, upload and share docs on a confidential basis.

Cons
There is not a great way to add summary comments or notes to the notification email on new files uploaded. Additionally, the file name gets cut off in the cover email notifications.

Response from DealRoom, a Day1 Company


Thanks Mark! Happy to hear the platform was easy to use and appreciate the feedback on notifications. Thanks again!

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

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Anonymous

DealRoom - Gets The Job Done But Leaves More To Be Desired

Used weekly for 2+ years
Reviewed 2018-07-30
Review Source: Capterra

It achieves it's basic purpose but there are other data rooms with enhancements that provide a better experience.

Pros
The bulk download capabilities, the organization by data room when you are in multiple, and the ability to view documents without downloading them.

Cons
There is no feature to sort all documents by upload date so that you can see what is new since you last logged in. Some other data rooms have a feature where you can sort new documents by your last login date or by new documents since a particular date you choose.

Response from DealRoom, a Day1 Company


Hello! Glad to hear you are happy with the bulk download capabilities. In the top right above the Home folder you can click Recent Files to show what has been last uploaded and sort by date. Thanks so much for the feedback and hope you use us again soon!

Rating breakdown

Ease of use
Features

Likelihood to recommend: 4/10

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Joe W.

CPA

Used daily for 6-12 months
Reviewed 2021-03-01
Review Source: Capterra

Seems to perform well for requirements

Pros
Ease of use once features understood. Set up initially by Atlas Technical Consultants Inc. attn: [SENSITIVE CONTENT HIDDEN]. You should contact her for her opinion of the data room ease of use, download process etc.

Cons
No negative comment the data room features seem to be easy to use.

Response from DealRoom, a Day1 Company


Thanks for the 5 star review Joe! Glad the room was easy to use and intuitive. Appreciate you taking time to give us feedback!

Rating breakdown

Ease of use
Features

Likelihood to recommend: 8/10

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Anonymous

Complete, accessible and easy to use.

Used weekly for 6-12 months
Reviewed 2019-07-18
Review Source: Capterra

The platform is great. It offers an exclusive feature so I can upload and manage request list! It is easy to use and I have no headaches about additional volumes, since they offer unlimited volume.

Pros
Incredible Project Management features and unlimited volume on a monthly subscription!

Cons
It can take 30 min. for support response.

Response from DealRoom, a Day1 Company


Thanks for the kind review! Happy to hear using requests to manage diligence and unlimited data has been useful for your process. Also, appreciate the feedback on support, we are always looking for ways to improve so that will be addressed. Thanks again!

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

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DealRoom pricing

Starting from
$1000/month
Pricing options
Free trial
Subscription
View Pricing Plans

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

DealRoom features

Alerts/Notifications
Collaboration Tools
Prioritization
Projections
Status Tracking
Task Management
Third Party Integrations

API (248 other apps)
Gantt/Timeline View (242 other apps)
Milestone Tracking (270 other apps)
Percent-Complete Tracking (234 other apps)
Project Management (300 other apps)
Project Planning (219 other apps)
Project Planning/Scheduling (238 other apps)
Reporting/Analytics (264 other apps)
Reporting/Project Tracking (236 other apps)
Resource Management (274 other apps)
Task Progress Tracking (254 other apps)
Task Scheduling (223 other apps)
Time & Expense Tracking (267 other apps)

Security and privacy

Encryption

Encryption of sensitive data at rest
HTTPS for all pages

Access control

Multi-factor authentication options
This will ask you to sign in with LinkedIn

Videos and tutorials

Additional information for DealRoom

Key features of DealRoom

  • API
  • Access Control
  • Application Integration
  • Audit trails
  • Auditing
  • Authentication
  • Auto-indexing
  • Automated reporting
  • Automatic Backup
  • Custom labels
  • Custom reports
  • Customizable document permissions
  • Data filtering
  • Data tracking & analytics
  • Deal lifecycle management
  • Diligence management
  • Diligence progress tracking
  • Document activity tracking
  • Document management
  • Drag-and-drop file upload
  • Excel & PDF reporting
  • Full text search
  • Keyword search
  • Message notifications
  • Multiple data rooms
  • Project plan templates
  • Real-time progress tracking
  • Reports/alerts for security breaches
  • Request answer approvals
  • Request dependencies
  • Request import
  • Request management
  • Request monitoring
  • Task assignment
  • Third party integrations
  • Time tracking
  • Visual request lists
  • Watermarking
View All Features

Benefits

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.