# Ideals Virtual Data Room Reviews 2026. Verified Reviews, Pros & Cons | Capterra

> Is Ideals Virtual Data Room the right Virtual Data Room solution for you? Explore 318 verified user reviews from people in industries like yours to make a confident choice.

Source: https://www.capterra.com/p/130909/iDeals-Virtual-Data-Room/reviews

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Ideals Virtual Data Room

4.8 (318)

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 June 3rd, 2026

# Reviews of Ideals Virtual Data Room

Ease of use

4.7

Customer Service

4.8

## Pros and Cons in Reviews

WK

Wiebke K

LawyerMedia Production, 501 - 1,000 employeesUsed the software for: More than 2 years.

“I can only repeat myself when I say that it is the simplest and most self-explanatory translator with all the functions you could wish for. And if you do have a question, there are super nice and incredibly helpful people who will help you in no time at all.“

July 2, 2024

SS

Sandeep S

CIOBiotechnology, 11 - 50 employeesUsed the software for: 6-12 months.

“Major workflow issue: you can't jump directly from the access log to the actual file that was viewed, which slowed down tracking buyer activity.“

December 5, 2025

FT

Franci T

Managing directorFinancial Services, 11 - 50 employeesUsed the software for: Less than 6 months.

“It is easy for users to navigate and find documents quickly, efficient tools for uploading, organizing, and managing documents“

August 16, 2024

SS

Sandeep S

CIOBiotechnology, 11 - 50 employeesUsed the software for: 6-12 months.

“The pricing structure also felt inflated, particularly for smaller deployments.“

December 5, 2025

RE

Rachel E

Operations ManagerBanking, 2 - 10 employeesUsed the software for: 1-2 years.

“iDeals is very secure and allows us to manage users and specialize each data room well.“

June 27, 2024

Marcus O

Chief Operating OfficerRenewables & Environment, 2 - 10 employeesUsed the software for: Less than 6 months.

“I am not happy about securing Excel Sheets, I had to convert to PDF but then you loose functionality.“

June 28, 2024

Marcus O

Chief Operating OfficerRenewables & Environment, 2 - 10 employeesUsed the software for: Less than 6 months.

“I really like the ease of use of managing the documents in the VDR, equally easy is the setting up roles and responsibilities, managing the different parties. “

June 28, 2024

JD

Joshua D

Quantity SurveyorOil & Energy, 11 - 50 employeesUsed the software for: 6-12 months.

“Not being able to remain signed in and having to log in everytime“

September 5, 2024

## Showing most helpful reviews

Showing 1-25 of 318 Reviews

Sort by:

Most Helpful

Rating

Company Size

Reviewer's Role

Length of Use

Frequency of Use

Ralph J.  
Head Business Development  
Biotechnology  
Used the software for: 6-12 months

### "All VDR you need"

October 27, 2020

5.0

Pros

Compared to our look the former VDR it's very user friendly, easy to set up and has all the features needed.

Cons

For our needs I miss nothing. Maybe the automated index could be improved.

Alternatives considered

[Firmex Virtual Data Room](https://www.capterra.com/p/131320/Firmex-Virtual-Data-Rooms/)[Intralinks VDRPro](https://www.capterra.com/p/131416/Intralinks-Virtual-Data-Room/)[Imprima Virtual Data Room](https://www.capterra.com/p/131455/ImprimaVDR/)

Reason for choosing Ideals Virtual Data Room

Best value for money and I like the user interface most.

Review Source

PA

Paolo A.  
Mnaging Partner  
Investment Management  
Used the software for: 2+ years

### "pa-review2024"

June 26, 2024

4.0

positive so far. I am spanding ca. 1 hr per week in managing the various information needs of my stakeholders

Pros

secure data storage and easy upload and granting/managing access rights

Cons

renaming folders is not anymore supported in the last version. why?

Alternatives considered

[Firmex Virtual Data Room](https://www.capterra.com/p/131320/Firmex-Virtual-Data-Rooms/)[Microsoft Power BI](https://www.capterra.com/p/176586/Power-BI/)

Reason for choosing Ideals Virtual Data Room

previous positive experience as a guest, pricing structure

Review Source

MR

Márcio R.  
M&A Associate  
Financial Services  
Used the software for: 6-12 months

### "Review - Márcio"

March 5, 2020

3.0

All my clients had trouble to access the platform, it is not user friendly.

Pros

The Price was the only thing that made some difference.

Cons

Asking for confirmation code everytime I wanted to login, in addition to the password.

Review Source

Response from iDeals

March 13, 2020

Dear Marcio, Thank you so much for your feedback. We are constantly working on the improvement of our service and your input is very valuable for us. Regarding the specific feature you mentioned, please note there is a possibility to turn off 2-step authentication in case you do not need it and leave an option to enter the room only with a password. Please let us know if you need any help to proceed. We will be happy to assist. Best regards, Alexandra O'Brien

ED

Eric D.  
General Counsel  
Computer Software  
Used the software for: 1-2 years

### "Second Time Very Satisfied User"

June 27, 2024

5.0

Excellent from sales to support to the quality of the product itself

Pros

Very easy to get started and to upload data to the data room. Also, iDeals pricing is very competitive

Cons

This is a nit: I would like to have staged a list of people who would get access to the data room without notifying them until I was ready

Alternatives considered

[Intralinks VDRPro](https://www.capterra.com/p/131416/Intralinks-Virtual-Data-Room/)[OneDrive](https://www.capterra.com/p/161304/OneDrive/)

Reason for choosing Ideals Virtual Data Room

Price and functionality, including easy of use

Review Source

NG

Nick G.  
Associate Director  
Financial Services  
Used the software for: 2+ years

### "Simple and easy to use without compromising on functionality"

November 24, 2025

5.0

My overall experience has been positive. Ideals offers a complete deal management platform which is easy to use, without compromising on functionality.

Pros

Easy to use and navigate. Full range of functionality and file management. Great platform for overall deal management and the email notifications are helpful.

Cons

No cons to note. I have never had any issues with the platform and it is fully fit for purpose with no training required.

Review Source

GW

Geoffroy W.  
Co-founder and CFO  
Transportation/Trucking/Railroad  
Used the software for: 1-2 years

### "Very satisfied with Ideals"

November 26, 2025

5.0

Pros

Very intuitive and easy to use platform, with a clear progress between two diffferent periods of use

Cons

There are no technical cons as i was sincerely impressed by the platform; ideally this would come at a more affordable price but every good product needs to be paid for!

Review Source

PK

Patrick K.  
Corporate finance manager M and A  
Investment Management  
Used the software for: 2+ years

### "Easy to use and effective!"

September 26, 2024

5.0

Love it, one of the best dataroom tools I've used

Pros

Easy to navigate, good UI and intuitive to use

Cons

I've had difficulties in removing old datarooms due to permissions. It would be easier if there was a intuitive way to remove old data rooms as I was unaware I had to click archive.

Review Source

JD

Joshua D.  
Quantity Surveyor  
Oil & Energy  
Used the software for: 6-12 months

### "Great platform for administering large tenders"

September 5, 2024

5.0

Quick and efficient for handling bids with a large number of applicants

Pros

No direct communications communication with bidders, since all communications are managed through the iDeals platform

Cons

Not being able to remain signed in and having to log in everytime

Review Source

BK

Barbora K.  
paralegal  
Law Practice  
Used the software for: 6-12 months

### "Easy to navigate"

September 12, 2024

5.0

Pros

I like how easy it is to navigate and use by us and our clients. iDeals staff is also always very helpful and replies to enquiries very quickly.

Cons

There is nothing I came across that I would not like.

Review Source

MD

Michael D.  
CRM Manager  
Real Estate  
Used the software for: 2+ years

### "Michael Davey iDeals Review"

July 31, 2024

5.0

Pros

The ease of uploading and organizing the documents and users

Cons

Sometimes I think the permission sets get a bit confusing and could be more clear

Review Source

HR

Hugon R.  
Senior consultant  
Real Estate  
Used the software for: 1-2 years

### "Ideals review"

June 28, 2024

4.0

Pros

Easy to use for us and for the clients. Security.

Cons

To view the picture

Review Source

JS

Jaimin S.  
Sr. Director R&D and Operations  
Pharmaceuticals  
Used the software for: 6-12 months

### "Great product with great features!"

March 24, 2020

5.0

Pros

Special features of iDeals data room which are not available in other data rooms as per our previous experience. The best feature in the iDeals data room is sharing the confidential documents with the external parties in a way that they cannot download/print the documents. Also the watermark in background will be generated automatically. Multiple admins can manage the data room, also the log can be monitored (i.e. timestamp of activity, who spent how much time on which document, etc.) Admin can limit the data room use in advance by setting up the end date and make it unable for external users. This helps to complete the review in timely manner.

Cons

I could not find any cons for this product.

Reason for choosing Ideals Virtual Data Room

Better price, user friendly, better customer service as well as partners were familiar with this product better than the other!

Switched from

[Dropbox Business](https://www.capterra.com/p/143068/Dropbox-Business/)

iDeals was able to provide the confidential platform with no downloads, no prints and automatic watermarks which helped us to share the documents with better security and confidence.

Review Source

JK

Johanna K.  
Director of Finance  
Non-Profit Organization Management  
Used the software for: 2+ years

### "Great software"

July 2, 2024

5.0

The software works as expected and helps speed the distribution of board and membership information.

Pros

It is easy to use and it is possible to download documents without issue.

Cons

No cons that I can think of as it is easy to use.

Review Source

HT

Helene T.  
Analyst  
Investment Banking  
Used the software for: 6-12 months

### "iDeals review"

June 13, 2024

4.0

Pros

The VDR was fairly easy to use with useful functions. The support team is very responsive and supportive.

Cons

There was an issue with data storage for my project that caused iDeals to bill us more than costs incurred. It took quite some time to resolve.

Review Source

CW

Christian W.  
Partner  
Financial Services  
Used the software for: 2+ years

### "Best choice for M&A"

June 28, 2024

5.0

We like to use it and can recommend i to any M&A-consultant.

Pros

Customer support und easy set up. Furthermore it's easy to use and mostly self-explaining. Pricing is reasonable for our SME clients and there's no hidden fees.

Cons

There's nothing to be stated, what we don't like.

Alternatives considered

[Virtual Vaults](https://www.capterra.com/p/167320/Virtual-Vaults/)

Review Source

WK

Wiebke K.  
Lawyer  
Media Production  
Used the software for: 2+ years

### "Simply the best!"

July 2, 2024

5.0

I can only repeat myself when I say that it is the simplest and most self-explanatory translator with all the functions you could wish for. And if you do have a question, there are super nice and incredibly helpful people who will help you in no time at all. Many thanks to all of them!

Pros

Apart from the fact that deepl is easy and super convenient to use, the staff are always extremely helpful and friendly!

Cons

There is simply nothing to criticize - why should I "invent" or say anything?

Review Source

FG

FLAVIUS G.  
Business Analyst  
Oil & Energy  
Used the software for: Less than 6 months

### "The best platform"

July 17, 2024

5.0

A beautiful experience, VDR is a safe and smart platform

Pros

The simplicity of the platform in use

Cons

There were no things I didn't like

Review Source

AM

Andrea M.  
Senior Adviser  
Management Consulting  
Used the software for: 2+ years

### "Project consultants"

May 15, 2020

5.0

Overall, iDeals exceeded our expectations! iDeals is our trustful partner already (no doubts we would choose them also in the future) and we strongly recommend iDeals to any potential users. Thank you very much for the excelent mutual cooperation.

Pros

The tool is unbelievably comprehensive but still very flexible and user friendly. We appreciated the "intro online-training" - it was really helpful, very practical, we received so many hints in a short time (our "iDeals contact" was able to answer any question very clearly and was supportive during the whole project). We also liked the 24hours support (we used it and it worked to our satisfaction). The tool itself is precisely built to the smallest detail, it has a very clear structure, enormous number of various helpful reports and you can tailor it to your most specific needs. We were fascinated also by the speed of data loading. We value also a very professional and prompt communication and helpful approach of the whole iDeals team.

Cons

There was one thing at the end we learned from the whole process - we used a robust structure of folders and files within one dataroom (lots of subfolders and too long file names). This brought us some extra work at the end (when we needed to "archive" the whole database) - we had to "rethink" the structure a little bit to be able to archive it. The most practical way for us was to shorten some file names (that were making the whole "path" too long to be processed). So I would just make a recommendation to any users to be careful when they are building their datarooms not to go to extreme "file paths" like we did:-) But apart of this little extra work for us, we must say that iDeals was very supportive also at this stage and we managed also the final archiving process with no problems.

Reason for choosing Ideals Virtual Data Room

We had no other previous experience with any similar Virtual Data Room provider and we chose iDeals based on very good references from our business partners (lawyers) and also based on the references found on the internet.

Review Source

NA

Nadia A.  
Legal Counsel  
Financial Services  
Used the software for: Less than 6 months

### "Feedback - VDR Ideals"

June 27, 2024

5.0

Great and professional services of the support team - I was really and nicely surprised.

Pros

Easily to use, great support team, professional looking

Cons

Not being able to choose multiple texts to be displayed when entering on the platform - e.g., NDA and Privacy Policy. Not being able to edit the name of the user once invited on the platform.

Review Source

DV

Daniel V.  
Director  
Financial Services  
Used the software for: 2+ years

### "Data room review"

March 15, 2022

5.0

very good

Pros

I am familiar with the software and find it very easy to use from an admin and user standpoint

Cons

I wish the DR hierarchy could provide the option of both numerical and letters. I try to match buyer requests list and sometimes this is difficult because iDeals only have numbers

Review Source

AP

Agnė P.  
Analyst  
Investment Banking  
Used the software for: 2+ years

### "Satisfied with the product"

September 9, 2021

5.0

Pros

Easy to use, contains all essential functions. Any disadvantages that one might think of are rather insignificant

Cons

In Q&A, it is not very convenient that for collaborating groups to be able to see each other's questions, one should add the other on cc'. While having many people on both groups, it's nearly impossible to explain and remind all of them to do that

Review Source

NI

Naasik I.  
Investment Banking Analyst  
Investment Banking  
Used the software for: 6-12 months

### "Best bang for the buck VDR!"

April 23, 2020

5.0

iDeals is definitely one of my go-to products now! Great overall product, very intuitive and unbeatable pricing!

Pros

Having used 10+ other VDR providers, I can say iDeals has my favorite UI / UX and ease of use. The price point is unbeatable by a mile so for budget conscious clients. For a typical middle market / lower-middle market M&A deal, the feature sets are more than adequate. I like the easy drag and drop functionality and I must say iDeals is the only vendor who allows drag and drop from email client function. Easy permissioning and user invites.

Cons

I have not faced this issue myself but I am told by other colleagues they have had some security concerns about the platform. The customer support is also not as robust but frankly I did not need to use them as the product is very intuitive!

Alternatives considered

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

Reason for choosing Ideals Virtual Data Room

Bang for the buck!

Review Source

MF

Michael F.  
CEO  
Insurance  
Used the software for: 6-12 months

### "iDeals Virtual Data Room"

December 8, 2020

5.0

We needed (and continue to need) a data room to share sensitive business information with third-party partners and potential partners. The gives us the ability to create such access securely and to respond easily to the needs and requests of our partners. Because it has been so easy, it actually creates confidence in utilizing this platform with more partners and in other ways.

Pros

The setting up of the data room on iDeals' platform is easy and versatile. We had a need for different data rooms and for differing access to those rooms and it was easy to control. Creating access for third-parties was easy on both ends. Sometimes no complaints are the best compliments, and we were pleased with the implementation and on-going use of the data rooms without any problems.

Cons

One area that I personally found a little challenging was moving documents from one folder to another. To me it wasn't always intuitive, so I created my own, clunky, way to get documents from one place to another.

Review Source

AG

Aziz G.  
Principal Researcher  
Biotechnology  
Used the software for: 6-12 months

### "iDeal Review from Shaperon "

June 5, 2024

4.0

In overall, its a good platform " Virtual data room" to share the data in the in different confidential ways with third parties

Pros

Easy work space Can share data with different security options

Cons

Can't transfer a bulk data at once. We must upload data one by one

Review Source

Chris M.  
Managing Director  
Investment Management  
Used the software for: 2+ years

### "iDeals VDR review"

March 13, 2020

5.0

Pros

we typically use iDeals software to run and manage virtual data rooms for ongoing transactions. We benchmarked the product against their key competitors and found iDeals to offer comparable product features at competitive pricing

Cons

No issues noted to date. Everything from initial set-up to operation has been flawless

Review Source

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