# 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/reviews

---

# 

 Peony Software Review 2026: Features, Reviews, Integrations, Pros & Cons

Last updated on June 16, 2026

Provider data verified by our Software Research team, and reviews moderated by our Reviews Verification team.

[Description](#description)[Use cases](#use-cases)[Alternatives](#alternatives)[FAQs](#faqs)[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 15 user reviews

Reviews sentiment

Positive

\-

Neutral

\-

Negative

\-

Starting price

$30

Flat Rate, Per Month

Free trial  
available

Includes Free Version

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

4.9 (15)

VS.

[4.8 (356)](https://www.capterra.com/p/131320/Firmex-Virtual-Data-Rooms/reviews/)

Starting Price

$30

Flat Rate, Per Month

Starting Price

Contact vendor

Free Trial

Free Version

Pricing Options

Free Trial

Free Version

Ease Of Use

4.9 (15)

Ease Of Use

4.7 (28,390)

Value For Money

5.0 (15)

Value For Money

4.7 (20,528)

Customer Service

5.0 (15)

Customer Service

4.9 (18,525)

## 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

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

[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

[4.4 (965)](https://www.capterra.com/p/123400/revver/reviews/)

Starting price

$25.00

Per User, Per Month

Pricing Options

Free Trial

Free Version

User Rating

88%

of reviewers

rated it above 4 stars

[View all alternatives](https://www.capterra.com/p/10034111/Peony/alternatives/)

## FAQs about Peony

Overview

### Which roles and teams benefit most from Peony?

Peony is most used by founders, CEOs, managing directors, and partners who need clear oversight of business operations, decision-making, and growth initiatives. Directors and managers benefit from coordinating day-to-day workflows and team execution, while consultants use it to organize client work, streamline processes, and maintain visibility across deliverables.

Answer based on 13 reviews

Overview

### What company size and industries is Peony built for?

Peony is built for small businesses, with 100% of reviewers coming from that segment, especially in Information Technology and Services at 23%. It also serves Medical Devices at 15% and Computer Software at 8%, aligning with founders, investors, lawyers, and finance teams sharing sensitive documents through virtual data rooms.

Answer based on 13 reviews

Features and Usability

### What are the key features of Peony?

Peony includes document management, content management, and workflow management, plus approval process control and electronic signature for review and sign-off. It also offers access controls and role-based permissions, audit trail, encryption, two-factor authentication, reporting and analytics, alerts and notifications, and AI Copilot with generative AI.

Pricing

### How much does it cost and what fees or limitations are included?

Peony starts at $20 per month for the Pro plan, with a free version and free trial available. The Business plan costs $40 per month. Pro includes 100GB per user, 200 AI credits per month, custom link expiry, password protection, and unlimited links.

Getting Started and Support

### What training and onboarding options does Peony offer?

Peony provides in person training, live online sessions, webinars, documentation, and videos. In person and live online formats support guided setup, webinars can cover product topics for groups, documentation offers written reference, and videos provide self-paced instruction.

Getting Started and Support

### What customer support options does Peony offer?

Peony provides email/help desk, FAQ/forum, knowledge base, phone support, 24/7 live rep, and chat. User experience feedback is not available here, so no claims can be made about response times, helpfulness, or common support frustrations.

## Features

Features with the highest number of reviews are displayed first. Those that have no reviews appear next, sorted alphabetically.

Access Controls/Permissions

4.9 (9)

100.00% of 9 reviewers that rated this feature as important or highly important

Define levels of authorization for access to specific files or systems

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

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

Compliance Management

4.8 (6)

100.00% of 6 reviewers that rated this feature as important or highly important

Track and manage adherence to policies for any service, product, process, or supplier

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

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 (15)

5.0

Based on 15 reviews

## Pricing

Value for money

5.0 (15)

Free Trial

Free Version

Business

$30.00

Flat Rate,Per Month

It includes:

-   1TB Per User
-   100GB Per User
-   1000 AI Credits Per Month
-   200 AI Credits Per Month
-   Unlimited Files & Links
-   Unlimited Links
-   Custom Link Expiry
-   Advanced Data Room sharing
-   Password Protection
-   NDAs & Watermarks

Data Room

$52.00

Per User,Per Month

It includes:

-   NDAs & Watermarks
-   Unlimited Links
-   Password Protection
-   100GB Per User
-   200 AI Credits Per Month
-   Custom Link Expiry
-   Unlimited Files & Links
-   Advanced Data Room sharing

Deal Team

$64.00

Per User,

It includes:

-   NDAs & Watermarks
-   Advanced Data Room sharing
-   1TB Per User
-   Unlimited Files & Links
-   Password Protection
-   Custom Link Expiry

Value for money

5.0 (15)

5.0

Based on 15 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 (15)

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 (15)

5.0

Based on 15 reviews

## User reviews

Overall rating

4.9

Based on 15 reviews

Filter by rating

5(14)

4(1)

3(0)

2(0)

1(0)

Mentioned topic

Sorted by most recent

AW

Alex W.

Operations Analyst

Financial Services

### "Cheap, fast, and reliable "

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

June 11, 2026

Pros

\- Very quick to set up and start straight away - Very good price and ease of use - Plenty of space in the VDR and very easy to make sure that all parties have access as soon as possible - Very helpful team working at Peony

Cons

To be fair the only reason we stopped using Peony was due to not requiring the specific VDR service anymore and so we have no issues with the product at all

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.

JG

Joseph G.

CEO and Founder

Information Technology and Services

### "Great Platform, Value, and Support"

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

June 10, 2026

Overall experience has been very positive. I have not fully experienced all the features yet but I will for sure.

Pros

Ease of use, drag and drop capabilities, rapid response in support, and great service and value. It was easy to navigate through out the platform as well as setting up our data room.

Cons

When signing the NDA, it seems to be one letter off or it does not recognize initial letter of name. However, it is corrected after pressing enter/return. Custom NDA was a bit of a learning curve but support was quick to respond. They helped us understand the platform and they helped us fix the issues. The Founders really know the importance of resolving issues and incidents.

Switched from

[Dropbox DocSend](https://www.capterra.com/p/136311/DocSend/)

NDA Gate was not user friendly platform was too expensive.

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

Director

Information Technology and Services

### "A true challenger to the VDR incumbents"

4.0

Overall Rating

4.0

4.0

Ease of Use

5.0

5.0

Features

5.0

5.0

Customer Service

5.0

5.0

Likelihood to Recommend

9/10

May 13, 2026

For a company in early stages needing a robust and clearly capable VDR, that is supported with a responsive team and a great price, this is it. Onboarding for us was easy, as was communication and responses from the team. Great experience.

Pros

Ease of use, ease of setting up, ease of creating different layers of authority for users, ease of assigning documents to distinct user groups (without having to create specific folders) The communication with the team, when needing any kind of assistance, is rapid and exact. Great team. Great product, and definitely worth a recommendation, especially at this price point....incredible.

Cons

There are very few areas which cause issue so this is harder to nail down. Customisable links to send to visitors would be a strong start, as I would prefer to have our own logo and text preferences. It would also be helpful to have the ability to amend uploaded images to fit the banner, but that's not exactly a major issue

Switched from

[Ideals Virtual Data Room](https://www.capterra.com/p/130909/iDeals-Virtual-Data-Room/)

far too expensive for what they offer. Not worth it.

Alternatives considered

[SecureDocs Data Room](https://www.capterra.com/p/131942/SecureDocs-Virtual-Data-Room/)

[Dropbox DocSend](https://www.capterra.com/p/136311/DocSend/)

Reasons for choosing Peony

delivery per dollar is far greater with Peony

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.

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

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