# Page 3 | Ansarada Reviews 2026. Verified Reviews, Pros & Cons | Capterra

> Page 3 - Is Ansarada the right Virtual Data Room solution for you? Explore 115 verified user reviews from people in industries like yours to make a confident choice.

Source: https://www.capterra.com/p/130904/Ansarada/reviews

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Ansarada

4.7 (115)

Provider data verified by our Software Research team, and reviews moderated by our Reviews Verification team. [Learn more](https://www.capterra.com/our-story/)

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Last updated March 13th, 2026

# Page 3 - Reviews of Ansarada

## Showing most helpful reviews

Showing 51-75 of 115 Reviews

Sort by:

Most Helpful

Rating

Company Size

Reviewer's Role

Length of Use

Frequency of Use

mF

maria F.  
Senior Associate  
Financial Services  
Used the software for: 2+ years

### " suggestions for further development"

November 13, 2020

5.0

\-very good, I appreciate your tools, development (e.g. redaction tool) and friendly team!

Pros

\-Reports -Q&A tool -Bulk upload and download -Friendly customer support -New redaction tool

Cons

Some suggestions: -Could VDR Index in Manage section (Excel) include a column with original document name when it was first uploaded to VDR -Could buy-side users bulk upload their questions from Excel to VDR -Could redaction tool include a rotate view function -Could administrators receive a notification when document's path is too long and therefore bulk download won't work in one click

Review Source

NG

Nick G.  
M&A Analyst  
Investment Banking  
Used the software for: 1-2 years

### "The Godfather of datarooms"

March 29, 2023

5.0

Pros

You know the platform is secure.When you ask a question in the chat, you always get a rapid response and on the website, you can also find clear explanations about how to use the platform.

Cons

I heard from colleagues who use the app that the availability of a Q&A function in the app would be handy.

Review Source

ST

Stian T.  
Associate Director  
Banking  
Used the software for: 2+ years

### "Go to VDR platform"

March 29, 2023

5.0

Exceptional - simplifies out job and is time efficient.

Pros

Ease of use, accessibility and the support team assisting 24/7.

Cons

The mobile app, however I do not use it often.

Review Source

MC

Mark C.  
Associate  
Banking  
Used the software for: 2+ years

### "Ease of use of Ansarada"

April 13, 2023

5.0

Pros

Straightforward and easy to use, very intuitive

Cons

No mobile access, and no live notification updates.

Review Source

JB

James B.  
Head of Corporate Development  
Financial Services  
Used the software for: 2+ years

### "Efficient Deal Management Platform"

June 21, 2023

5.0

Pros

is an easy to use, efficient platform that meets my needs for M&A and capital raising activities

Cons

Folder and file numbering can sometimes be a little clunky

Switched from

[Intralinks VDRPro](https://www.capterra.com/p/131416/Intralinks-Virtual-Data-Room/)

Intralinks was not easy to use

Review Source

AL

Andrew L.  
Chief Financial Officer  
Import and Export  
Used the software for: Less than 6 months

### "Not so easy"

November 23, 2020

4.0

We have made it to signing an offer so I presume the seller side was able to work with our dataroom better than I could

Pros

Uploading information was relatively easy although I did sometimes find it difficult to save it in the desired location

Cons

I didn't find the software intuitive. I had real difficulty in navigating around and most often found myself having to return to the home screen and then scroll again through all the questions to find the one i wanted to work on. Often the questioner wanted to change the priority after posting the question & I had trouble matching these. I couldn't get my file structure to work so I always had to navigate from the home base rather than where I had just been I presume a lot of the issues emanated from me being a novice user however I did find it very easy to navigate around the seller's Datasite

Reason for choosing Ansarada

We used a few years ago and so it was thought we could upload a lot of information from the archive however this was false dawn. In hindsight we should have reviewed other software.

Review Source

MB

Michael B.  
Associate  
Investment Management  
Used the software for: 2+ years

### "Ansarada Review"

April 27, 2023

5.0

Pros

The ease of managing a data room and the ability to track bidder participation.

Cons

Encrypted data can be cumbersome to access (this is a pro and con). Potential for accidental disclosure of information, including sensitive intellectual property information, to wrong parties.

Review Source

CG

Candice G.  
Senior Associate (M&A)  
Legal Services  
Used the software for: 2+ years

### "My preferred virtual data room platform "

June 19, 2023

4.0

Very helpful for my use as a M&A lawyer making use of the virtual data room.

Pros

Files are able to be uploaded and organised in ways that make sense, so accessing the documents is easy. The download function works and Index function is great.

Cons

Cannot think of any off the top of my head.

Review Source

GV

Gideon V.  
Corporate Finance  
Investment Banking  
Used the software for: 2+ years

### "An all-round impressive user experience "

November 12, 2020

5.0

Great platform, easy to use and to customize to your specific requirements

Pros

The user interface and customer support is incredible. Setting up, administering and using an VDR is painless and if you do get stuck, amazing customer support is just a click away.

Cons

The VDR sometimes works better with certain web browsers, so users on different browsers with different company IT policies struggle with some of the VDR capabilities, for example downloading files, access rights to files etc.

Reason for choosing Ansarada

Well known brand, competitive pricing and great user experience

Review Source

CD

Cameron D.  
Analyst  
Investment Banking  
Used the software for: 1-2 years

### "Ease of Access"

June 21, 2023

5.0

Pros

provides a lower cost option with much of the functionality necessary for M&A processes.

Cons

Some limited functionality, but overall, still a good product.

Review Source

NT

Nathan T.  
Executive  
Investment Banking  
Used the software for: 2+ years

### "Leading Market Player in M&A Dataroom"

June 25, 2019

4.0

Pros

User friendly, customer service, and ongoing support 24/7

Cons

lacking security options, would want further additions to water marks and security

Review Source

JC

James C.  
Associates  
Investment Banking  
Used the software for: 2+ years

### "Review"

June 18, 2019

4.0

Pros

Ease of use and straight forward functionality. Great support from web chat.

Cons

Reporting system could be improved and be able to customise

Review Source

RL

Rebecca L.  
Corporate Finance Executive  
Financial Services  
Used the software for: 2+ years

### "Reliable VDR provider"

March 30, 2026

5.0

Overall, has been a high‑quality and dependable platform. It supports complex transactions well, enables effective collaboration across teams and stakeholders, and provides the level of security expected for sensitive documentation. It is a strong, trusted solution that continues to meet expectations.

Pros

The platform is intuitive and reliable, with a clean interface that makes document management and collaboration straightforward. Uploading, organising, and sharing files is efficient, and the permission controls give strong confidence around security and access management. Overall performance has been consistent and supports smooth deal execution.

Cons

Some advanced features could be more intuitive, and there is a slight learning curve for new users. Occasional minor UI enhancements or clearer in‑platform guidance would further improve the overall user experience.

Alternatives considered

[Datasite Diligence Virtual Data Room](https://www.capterra.com/p/130910/Datasite-Diligence/)

Reason for choosing Ansarada

provided the same quality product at a cheaper price

Review Source

LC

Lucas C.  
Associate  
Banking  
Used the software for: 1-2 years

### "User friendly"

April 27, 2023

5.0

Pros

User friendly and straight forward platform.

Cons

No problems have been experienced and no complains to be raised.

Alternatives considered

[Intralinks VDRPro](https://www.capterra.com/p/131416/Intralinks-Virtual-Data-Room/)[Datasite Diligence Virtual Data Room](https://www.capterra.com/p/130910/Datasite-Diligence/)

Review Source

LL

Leijie L.  
Associate Director  
Financial Services  
Used the software for: 2+ years

### "Good and easy to use tool"

June 25, 2019

5.0

Overall a very positive experience and would use again

Pros

Like its user friendliness and ability to manage multiple parties easily

Cons

Q&A online functionality could be better improved

Alternatives considered

[Intralinks DealCentre AI](https://www.capterra.com/p/806/Intralinks-VIA-Pro/)

Reason for choosing Ansarada

Have used previously so didnt want to upskill myself on a new product

Review Source

JC

Jack C.  
M&A  
Financial Services  
Used the software for: 2+ years

### "Good platform and helpful customer service!"

March 6, 2023

5.0

Pros

Security and visibility settings are very handy. The 'bulk upload' and 'import folder structure' features are used frequently. Creating different teams for sell-side and buy-side is also intuitive, allowing for multiple levels of access. Excellent customer service and friendly team in Sydney

Cons

A couple hurdles initially with needing Adobe, however would be fine if users had this already installed. Being able to easily filter / identify disabled documents without running an excel would be helpful.

Review Source

SM

Sarah M.  
Senior Manager  
Financial Services  
Used the software for: 2+ years

### "Good product"

November 3, 2023

4.0

Pros

It's well organised and easy to access a lot of data quickly

Cons

It can be difficult to login / verify my account sometimes which can be time consuming

Review Source

nS

nitn S.  
Director  
Financial Services  
Used the software for: 2+ years

### "VDR software"

February 16, 2023

5.0

Pros

I have been very impressed with the ease of setup and use of as a VDR.

Cons

there are no real missing elements from this software

Review Source

VR

Verified Reviewer  
Executive Officer to Chairman  
Non-Profit Organization Management  
Used the software for: 1-2 years

### "Great to have a web-based version of this product!"

March 3, 2021

5.0

Excellent.

Pros

This is the first web-based product of this kind that I have used and I found it much easier to manage than those other products.

Cons

I think some of the security features are too stringent and there should be flexibility for companies re: what level of security they want.

Alternatives considered

[Diligent Boards](https://www.capterra.com/p/149069/Diligent-Boards/)

Reason for choosing Ansarada

Web-based, pricing, features.

Review Source

FS

Frank S.  
Chief Scientific Officer  
Biotechnology  
Used the software for: 2+ years

### "CuroNZ's data room"

November 17, 2020

5.0

Very happy with its ease of use and the support from over the ditch (I love Australia...)

Pros

The team has always been very helpful in the unlikely event(s) of encountering slight glitches. The novel redaction tool is really simple to use and extremely helpful for due diligence purposes.

Cons

Personally, I would like to see that the whole data room could be easily copied into a cloud for future reference.

Review Source

OH

Oisin H.  
Analyst  
Investment Banking  
Used the software for: 6-12 months

### "Ansarada Review - Oisin H"

September 8, 2023

5.0

Pros

is an extremely easy product to use not only to manage but for lenders to understand.

Cons

Whilst useful at times, I feel the analytics features could be developed further.

Review Source

DN

Dwayne N.  
Senior Project Support  
Government Administration  
Used the software for: 1-2 years

### "Multi-party virtual data room"

November 12, 2020

5.0

Pros

Security, ease of use, responsive support, good close out functions

Cons

Good user protocols are essential - inflexibility (which is a plus) around the hierarchy of admin controls.

Review Source

kN

kate N.  
SD  
Venture Capital & Private Equity  
Used the software for: 2+ years

### "Weak customer service and a competitive price product"

November 12, 2020

3.0

When there was a change in cost of the plan, understand an email was sent. NO RM followed up till we try to increase our plan. No flexibility to change to the new plan immediately. Also the request with the service department was not followed up.

Pros

Options to limit the print, save, watermark and put an expiry date to the document is helpful as we like to segregate our investors into different categories.

Cons

There is no search function to find if a particular email has been invited or logged on as guests till we try to the invitation. When loading files, a few steps needed before we can load into the selected folder. Not straight forward. Unable to see what is the total data usage so we are not sure when we are charged for the extra data used previously.

Review Source

IF

Ian F.  
M&A Advisory Analyst  
Financial Services  
Used the software for: 6-12 months

### "Ian Foo review of Ansarada"

November 3, 2023

4.0

Largely pretty satisfied .

Pros

The ease of use, it is very intuitive. Most of VDR users in Australia have used , and hence it is easy to deal with counterparties due to the familiarity

Cons

I think redacting function could be more user friendly. A user can still access and keep the files downloaded although they are no longer in the data room. There should be a security function that controls this

Review Source

FE

Fleur E.  
Senior Lawyer  
Law Practice  
Used the software for: 2+ years

### "Excellent Service"

June 21, 2023

5.0

Pros

Easy to use and great customer service.

Cons

Question and Answer process could be more streamlined.

Review Source