# Peony Software Pricing, Alternatives & More 2026 | Capterra > With the help of Capterra, learn about Peony Software - reviews, pricing plans, popular comparisons to other Virtual Data Room products and more. Source: https://www.capterra.com/p/10034111/Peony --- # Peony Software Review 2026: Features, Reviews, Integrations, Pros & Cons Last updated on April 28, 2026 Provider data verified by our Software Research team, and reviews moderated by our Reviews Verification team. Independent research methodology Capterra’s researchers use a mix of verified reviews, independent research and objective methodologies to bring you selection and ranking information you can trust. While we may earn a referral fee when you visit a provider through our links or speak to an advisor, this has no influence on our research or methodology. 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[Learn more](https://www.capterra.com/resources/how-we-ensure-transparency/) [Description](#description)[Use cases](#use-cases)[Alternatives](#alternatives)[Features](#features)[Pricing](#pricing)[Support](#support)[Reviews](#reviews) Peony ## What is Peony? Peony is a modern, AI-native data room built for fast, secure document sharing. It delivers dynamic watermarks, NDA-Gating for files, screenshot protection, detailed analytics, link embeds, and effortless e-signatures—all in a clean, beautifully designed interface. Ideal for fundraising, client work, and due diligence, Peony gives teams enterprise-grade security, powerful automation, and a polished experience at a startup-friendly price. ## What is Peony used for? [Virtual Data Room](https://www.capterra.com/virtual-data-room-software/)[File Sharing](https://www.capterra.com/file-sharing-software/) Top alternative Featured Overall rating Based on 12 user reviews Reviews sentiment Positive \- Neutral \- Negative \- Starting price $20 Flat Rate, Per Month Free trial available Capterra Shortlist charts the highest-rated and most popular products... Our "Best of" badge program showcases products with the highest ratings... Our "Best of" badge program showcases products with the highest ratings... Do you work for Peony?[Manage this product listing](https://digitalmarkets.gartner.com/get-listed/claim-bx?url=https://peony.ink&name=Peony) ## Compare with a popular alternative Capterra selects software alternatives based on relevant features, verified user reviews and user interactions. Placement may be influenced by client status. ### Peony 5.0 (12) VS. [4.8 (356)](https://www.capterra.com/p/131320/Firmex-Virtual-Data-Rooms/reviews/) Starting Price $20 Flat Rate, Per Month Starting Price Contact vendor Free Trial Free Version Pricing Options Free Trial Free Version Ease Of Use 4.9 (12) Ease Of Use 4.7 (28,356) Value For Money 5.0 (12) Value For Money 4.7 (20,501) Customer Service 5.0 (12) Customer Service 4.9 (18,499) ## Peony alternatives [4.7 (143)](https://www.capterra.com/p/130910/Datasite-Diligence/reviews/) Starting price Contact vendor for pricing Pricing Options Free Trial Free Version User Rating 98% of reviewers rated it above 4 stars [4.8 (318)](https://www.capterra.com/p/130909/iDeals-Virtual-Data-Room/reviews/) Starting price Contact vendor for pricing Pricing Options Free Trial Free Version User Rating 99% of reviewers rated it above 4 stars Highest Rated [4.9 (174)](https://www.capterra.com/p/158671/Digify/reviews/) Starting price $140.00 Per User, Per Month Pricing Options Free Trial Free Version User Rating 99% of reviewers rated it above 4 stars [Google Drive](https://www.capterra.com/p/161425/Drive/) [4.8 (28,480)](https://www.capterra.com/p/161425/Drive/reviews/) Starting price $7.00 Per User, Per Month Pricing Options Free Trial Free Version User Rating 98% of reviewers rated it above 4 stars [Learn More](https://www.capterra.com/p/161425/Drive/) [View all alternatives](https://www.capterra.com/p/10034111/Peony/alternatives/) ## Features Features with the highest number of reviews are displayed first. Those that have no reviews appear next, sorted alphabetically. Data Security 5.0 (8) 100.00% of 8 reviewers that rated this feature as important or highly important Protect sensitive data for digital privacy Access Controls/Permissions 4.9 (7) 100.00% of 7 reviewers that rated this feature as important or highly important Define levels of authorization for access to specific files or systems Data Storage Management 4.6 (7) 85.71% of 7 reviewers that rated this feature as important or highly important Manage and store data in a database Document Review 4.9 (7) 85.71% of 7 reviewers that rated this feature as important or highly important Review and analyze existing information across documents Drag & Drop 4.5 (6) 100.00% of 6 reviewers that rated this feature as important or highly important Assemble applications and processes by dragging over and arranging pre-built components Compliance Management 5.0 (4) 100.00% of 4 reviewers that rated this feature as important or highly important Track and manage adherence to policies for any service, product, process, or supplier Peony 54 features Define levels of authorization for access to specific files or systems Dashboard to view the status of ongoing processes, identify current incidents and track past activities Track and document all activities across devices, networks, and other systems A virtual assistant that uses AI to pursue goals and complete tasks on behalf of users Alerts or notifications of various types such as pop-up messages, sounds, banners, or badges Application programming interface that allows for integration with other systems/databases Manage the process of evaluating documents or requests submitted for approval A record of all activities within the system, including user access, changes made, etc. Verify the identity of users/devices to enable secure access Data is backed up automatically to prevent data loss Upload multiple documents at once Provides a channel for team members to share media files, communicate, and work together Leave comments and notes on documents for others to view Track and manage adherence to policies for any service, product, process, or supplier Handles digital content throughout its lifecycle, from creation and storage to distribution and archiving Add customized logos and colors to align with company branding Pre-designed layouts that can be customized to match preferences and requirements Import and export data to and from software applications Protect sensitive data for digital privacy Manage and store data in a database Synchronizing data between two or more devices/systems and automatically updating changes to maintain consistency Assign categories, labels, tags, or attributes to documents for organization, search and storage Store, manage, and track all electronic documents in a centralized location Review and analyze existing information across documents Store and organize documents in a centralized system Assemble applications and processes by dragging over and arranging pre-built components Digitally sign online documents Manage, store and organize emails within the system or via third-party apps Convert data into a code for security Create, save, and store files Move files across different systems or networks Search for specific words or phrases within a document or database Use AI to generate content in the form of text, images, videos, etc. Compliant with HIPAA, which sets standards for sensitive patient data protection Compile and organize data into specific metrics Access software remotely via mobile devices Request two or more credentials to prove user's identity before granting access to systems Allow users to collaborate and ask questions regarding folders and/or documents within the system Files and folders are updated in real-time when changes/edits are made Notifications that are delivered to users as soon as an event occurs Access work applications remotely, for when working away from the office and/or traveling Collection, analysis, and representation of numerical data and generation of reports to understand various patterns View and track pertinent metrics to find patterns and gain insights from data Set & manage permission levels based on user roles and restrict access to only authorized individuals Search and filter data across systems to locate required information by entering keywords or certain criteria Securely stores data to prevent data loss or breaches Secure online viewing of sensitive documents Security protocol that ensures secure, encrypted communication over the internet, safeguarding sensitive data from unauthorized access Attach digital tags to documents and assets for identification, search, or monitoring purposes Extra layer of security that requires not only a password and username but also something specific to that user Manage user accounts, profiles, roles, permissions, and other details across applications, devices or networks Track revisions and updates made to files and navigate between different versions Add a digital mark to show ownership of an image, video, document, etc. Create, design and manage workflows for repetitive tasks Get Advice We can help you find the software with the features you need. Features 5.0 (12) 5.0 Based on 12 reviews ## Pricing Value for money 5.0 (12) Free Trial Free Version Pro $20.00 Flat Rate,Per Month It includes: - 100GB Per User - 200 AI Credits Per Month - Unlimited Links - Custom Link Expiry - Password Protection Business $40.00 Flat Rate,Per Month It includes: - 1TB Per User - 1000 AI Credits Per Month - Unlimited Files & Links - NDAs & Watermarks - Advanced Data Room sharing Value for money 5.0 (12) 5.0 Based on 12 reviews Connect with a Capterra advisor for a free 15-minute consultation Get a personalized software list aligned to your business needs with guidance from our expert advisors. Our team has helped 1 million+ businesses like yours find options that fit their needs. ## Support, customer service and training options Customer Service 5.0 (12) Support - Email/Help Desk - FAQs/Forum - Knowledge Base - Phone Support - 24/7 (Live rep) - Chat Training - In Person - Live Online - Webinars - Documentation - Videos Deployment - Web - Android - iPhone/iPad Typical users - Freelancers - Small businesses - Mid size businesses - Enterprises Customer Service 5.0 (12) 5.0 Based on 12 reviews ## User reviews Overall rating 5.0 Based on 12 reviews Filter by rating 5(12) 4(0) 3(0) 2(0) 1(0) Mentioned topic Sorted by most recent RP Ravi P. . Hospital & Health Care ### "Best Data Room Software" 5.0 Overall Rating 5.0 5.0 Ease of Use 5.0 5.0 Features 5.0 5.0 Customer Service 5.0 5.0 Likelihood to Recommend 10/10 May 11, 2026 Pros The product is very easy to use and has great analytics and tracking functionality. Much better than alternatives such as docsend. Cons Maybe a cheaper plan that has less functionality. For example, a $10 a month plan that has access to data rooms and basic email tracking only. Switched from [Dropbox DocSend](https://www.capterra.com/p/136311/DocSend/) It's a cheaper offering and the better product Alternatives considered [Papermark](https://www.capterra.com/p/10023636/Papermark/) Reasons for choosing Peony It's a cheaper offering and the better product Review source Non-incentivized review: any software user can leave a review for any product listed on our site. All submitted reviews are subject to our verification process prior to publication. AU Anonymous User Founder Financial Services ### "Peony is Great" 5.0 Overall Rating 5.0 5.0 Ease of Use 5.0 5.0 Features 5.0 5.0 Customer Service 5.0 5.0 Likelihood to Recommend 10/10 April 27, 2026 Peony is a great experience. Our firm will ill use Peony again! Thank you to the team for the extra care provided! Pros Peony is a great data room with a user friendly UI and many quality features. Customer support is rapid and friendly. Cons Log in with the extra code step is secure but cumbersome. It would be easier to have a single link without codes. Review source Non-incentivized review: any software user can leave a review for any product listed on our site. All submitted reviews are subject to our verification process prior to publication. CJ Carlos J. Partner Medical Devices ### "Back to basics" 5.0 Overall Rating 5.0 5.0 Ease of Use 5.0 5.0 Features 5.0 5.0 Customer Service 5.0 5.0 Likelihood to Recommend 10/10 April 26, 2026 Overall, my experience with Peony has been very positive so far. The platform is easy to use, efficient, and well suited for managing small to mid-sized deals. It offers a good balance between functionality and cost, making it a strong alternative to traditional data room providers. I am looking forward to using it on live transactions. Pros Ease of use is definitely a strong point. The platform is intuitive and quick to set up, even for first-time users. I also appreciate how easy it is to share documents securely with external parties and manage access rights. Overall, it simplifies the data room experience compared to more complex and expensive alternatives. Cons Some aspects of the pricing and sales conditions could be clearer upfront, especially regarding AI credits and feature limitations between plans. It would also be helpful to have more detailed documentation on advanced features to better understand the full capabilities of the platform. Review source Non-incentivized review: any software user can leave a review for any product listed on our site. All submitted reviews are subject to our verification process prior to publication. Toan N. CEO Information Technology and Services ### "The best data room ever" 5.0 Overall Rating 5.0 5.0 Ease of Use 5.0 5.0 Features 5.0 5.0 Customer Service 5.0 5.0 Likelihood to Recommend 8/10 April 24, 2026 Pros Value for Money Customer Support Ease of Use File Sharing File Management Cloud Storage Data Management Cons Lack of function: Due diligence tracking; Data room audit logs; beautiful User Experience and User Interface Review source Non-incentivized review: any software user can leave a review for any product listed on our site. All submitted reviews are subject to our verification process prior to publication. TL Thomas L. CEO Information Technology and Services ### "Great product and excellent value " 5.0 Overall Rating 5.0 5.0 Ease of Use 5.0 5.0 Features 5.0 5.0 Customer Service 5.0 5.0 Likelihood to Recommend 10/10 April 22, 2026 My experience has been excellent and I recommend this product. It has a lot to offer at a good price. Pros The support is fantastic and the product is great value for the money. We initially are using it to send our deck and cloud storage, but will be using it for a lot more soon. It is really easy to use! Cons Using additional color would improve differentiation between buttons, icons, and other elements, giving them more visual impact. Alternatives considered [Dropbox DocSend](https://www.capterra.com/p/136311/DocSend/) Reasons for choosing Peony The price, ease of use, and functionality. Review source Non-incentivized review: any software user can leave a review for any product listed on our site. All submitted reviews are subject to our verification process prior to publication. AU Anonymous User manager Medical Devices ### "new user review" 5.0 Overall Rating 5.0 5.0 Ease of Use 5.0 5.0 Features 5.0 5.0 Customer Service 5.0 5.0 Likelihood to Recommend 9/10 April 17, 2026 great would use again. clean interface, easy to navigate. fast to upload files and would email you when others view the files. very good security too. Pros had a good experience as had good customer support. easy to use interface. prompts you on whats important. Cons can be a little finicky to cancle subscription, as need to email support to do that but they got it done immediately so no issues. Review source Non-incentivized review: any software user can leave a review for any product listed on our site. All submitted reviews are subject to our verification process prior to publication. AU Anonymous User Software Consultant Telecommunications ### "Great polished, modern product. Would recommend trying!" 5.0 Overall Rating 5.0 5.0 Ease of Use 4.0 4.0 Features 5.0 5.0 Customer Service 5.0 5.0 Likelihood to Recommend 9/10 April 7, 2026 Great overall customer care experience, with fast response times as well. The team seem to really care about helping out their customers. I've spent some time looking for a solution like Peony, but all the others were just too expensive for what they claim to offer. Trialling Peony, it appears to suit my needs thus far. Pros \- The user interface is modern and relatively easy to navigate/use. - The feature set is wide, covering what many other products in the same niche do for a more accessible and transparent price. - Responsive team who clearly care about what they're building. Cons \- It would be great if there was a single-use tier, i.e. for a single data room with a fixed amount of storage/files, but inclusive of all of the key features. If this is already a thing, it's not incredibly clear to me. Alternatives considered [Papermark](https://www.capterra.com/p/10023636/Papermark/) [Dropbox DocSend](https://www.capterra.com/p/136311/DocSend/) Reasons for choosing Peony Pricing, mainly. Other products were comparable, but the pricing was extortionate. Review source Non-incentivized review: any software user can leave a review for any product listed on our site. All submitted reviews are subject to our verification process prior to publication. AU Anonymous User CEO Biotechnology ### "Good product and excellent customer service" 5.0 Overall Rating 5.0 5.0 Ease of Use 5.0 5.0 Features 5.0 5.0 Customer Service 5.0 5.0 Likelihood to Recommend 10/10 April 5, 2026 While Peony itself is excellent, the support is the real standout. Every interaction I've had has been rapid, friendly, and super efficient. It’s rare to find a company that values the user’s time as much as they do. They don't just provide quick fixes; they provide real solutions with a human touch. Pros What I appreciate most about this product is the incredible value for money. You get premium features without the enterprise-level price tag. On top of that, the ease of use is a total win; the interface is so intuitive that our team was up and running in hours, not days. It’s rare to find a tool that is this powerful yet this accessible. Cons While the product excels in value and simplicity, there is one area that could use a boost: the onboarding resources. Currently, the documentation is good, but it can feel a bit lost when you're trying to master a new workflow quickly. I’d love to see a few short, targeted tutorial videos integrated into the help center. Alternatives considered [Microsoft SharePoint](https://www.capterra.com/p/1167/SharePoint/) Reasons for choosing Peony Value for Money, ease of use, and excellent support Review source Non-incentivized review: any software user can leave a review for any product listed on our site. All submitted reviews are subject to our verification process prior to publication. Michael B. Founder Mental Health Care ### "Review of Peony" 5.0 Overall Rating 5.0 5.0 Ease of Use 5.0 5.0 Features 5.0 5.0 Customer Service 5.0 5.0 Likelihood to Recommend 10/10 March 30, 2026 Really good and attentive customer support, very easy to use, no complications with using the product thus far Pros Very easy to use, lots of good tools and data when sending out a large out of emails at one time, will continue to use Cons Thankfully nothing to not like thus far, probably that there is no mobile app yet for the Peony service Alternatives considered [DocuSend](https://www.capterra.com/p/196383/DocuSend/) Reasons for choosing Peony Cheaper is the main reason why, and better customer service Review source Non-incentivized review: any software user can leave a review for any product listed on our site. All submitted reviews are subject to our verification process prior to publication. John L. Managing Director Investment Management ### "Best Data Room Value There Is" 5.0 Overall Rating 5.0 5.0 Ease of Use 5.0 5.0 Features 5.0 5.0 Customer Service 5.0 5.0 Likelihood to Recommend 10/10 March 27, 2026 We've had a great experience. I highly recommend. Five stars. And it is refreshing to get to deal directly with the \[sensitive content hidden\] building the app. Pros I'm a big fan of what Deqian is building. It provides the features of a much more expensive data room system, and he seems to add new features weekly. The value is unmatched. Cons Early versions required you to get comfortable with the setup. Today, it is intuitive and easy. When they added the signature feature, I was able to cancel another service. Review source Non-incentivized review: any software user can leave a review for any product listed on our site. All submitted reviews are subject to our verification process prior to publication. Oliver M. Co-Founder – CEO Computer Software ### "Modern, polished, and easy to trust" 5.0 Overall Rating 5.0 5.0 Ease of Use 5.0 5.0 Features 5.0 5.0 Customer Service 5.0 5.0 Likelihood to Recommend 10/10 March 25, 2026 Our overall experience with Peony has been very positive. The product does what it promises and makes secure document sharing feel much simpler and more modern than many legacy alternatives. It was easy to get up and running, the platform feels thoughtfully designed, and the overall experience has been smooth for our team. We’ve also found the visibility into document activity genuinely useful, since it adds context beyond basic file sharing. Overall, Peony feels like a well-built product that balances security, usability, and professionalism very well. Pros Peony has been easy to implement and easy to use. The interface feels modern and intuitive, and it makes secure document sharing much more straightforward than older, more cumbersome tools. We’ve especially liked the combination of strong access controls, a polished sharing experience, and useful visibility into how recipients are engaging with documents. It solves an important business problem cleanly and professionally. Cons There has not been much to dislike so far. As with any newer platform, there are always areas where additional customization or more advanced workflow options could be helpful over time, but our experience has been very positive overall and the core product has delivered well. Switched from [Papermark](https://www.capterra.com/p/10023636/Papermark/) We switched from PaperMark primarily because Peony was a better fit for our budget and use case. As a startup, cost matters, and Peony offered a more accessible path to data room functionality without requiring a multi-user plan. PaperMark is a solid product, but needing a higher-tier setup for data rooms made it harder to justify for our stage. Alternatives considered [Dropbox DocSend](https://www.capterra.com/p/136311/DocSend/) Reasons for choosing Peony We considered other options, especially DocSend, but Peony stood out on value. DocSend felt too expensive for our stage, while Peony provided the core functionality we needed at a much more startup-friendly price point. It gave us a better balance of cost, usability, and data room access. Review source Non-incentivized review: any software user can leave a review for any product listed on our site. All submitted reviews are subject to our verification process prior to publication. Chris R. Cofounder - CEO Consumer Services ### "Give your prospective investors a better experience at a 1/5th of the price of Docsend" 5.0 Overall Rating 5.0 5.0 Ease of Use 5.0 5.0 Features 5.0 5.0 Customer Service 5.0 5.0 Likelihood to Recommend 10/10 March 18, 2026 Great. Mostly intuitive. Fast app speed. Team has been super responsive to help navigating some set-up needs and questions. No relation to the team, just met them, but I am happy to celebrate products that are a breeze to use. Pros Just switched from Docsend to Peony as we launched our Series A round. Excellent value and customer experience -- all the key features of the upper Docsend tiers at a fraction of the price, but the decision was definitely not about price and more about the modern experience (for both fundraisers and prospective investors) that Peony provides with both design and functionality. Nice flexibility for data rooms to have combinations of embedded file types, videos, web links and more. Doesn't have the third-party management features of Docsend, but not missing that too much, managing more through shared-use links with portal registration. Cons No major frictions thus far. Only issues/questions the team quickly addressed. Tiny CX upgrades will surely come over time but it's 95% spot on already. Switched from [Dropbox DocSend](https://www.capterra.com/p/136311/DocSend/) More modern, elegant, better pricing, quicker platform Review source Non-incentivized review: any software user can leave a review for any product listed on our site. All submitted reviews are subject to our verification process prior to publication. ## Top-rated software of 2026 ### Fill out the form and we'll send a list of the top-rated software based on real user reviews directly to your inbox. Independent research methodology Capterra's researchers use a mix of verified reviews, independent research and objective methodologies to bring you selection and ranking information you can trust. While we may earn a referral fee when you visit a provider through our links or speak to an advisor, this has no influence on our research or methodology. [Learn more](https://www.capterra.com/resources/proprietary-data-research/) How Capterra verifies reviews Capterra carefully verified over 2.5 million+ reviews to bring you authentic software experiences from real users. Our human moderators verify that reviewers are real people and that reviews are authentic. They use leading tech to analyze text quality and to detect plagiarism and generative AI. [Learn more](https://www.capterra.com/resources/how-we-verify-reviews/) How Capterra ensures transparency Capterra lists all providers across its website—not just those that pay us—so that users can make informed purchase decisions. Capterra is free for users. Software providers pay us for sponsored profiles to receive web traffic and sales opportunities. Sponsored profiles include a link-out icon that takes users to the provider's website. [Learn more](https://www.capterra.com/resources/how-we-ensure-transparency/)