# Page 3 | Firmex Virtual Data Room Reviews 2026. Verified Reviews, Pros & Cons | Capterra > Page 3 - Is Firmex Virtual Data Room the right Virtual Data Room solution for you? Explore 357 verified user reviews from people in industries like yours to make a confident choice. Source: https://www.capterra.com/p/131320/Firmex-Virtual-Data-Rooms/reviews --- Firmex Virtual Data Room 4.8 (357) Provider data verified by our Software Research team, and reviews moderated by our Reviews Verification team. [Learn more](https://www.capterra.com/our-story/) * * * Last updated June 3rd, 2026 # Page 3 - Reviews of Firmex Virtual Data Room ## Showing most helpful reviews Showing 51-75 of 357 Reviews Sort by: Most Helpful Rating Company Size Reviewer's Role Length of Use Frequency of Use DM Diana M. Paralegal Law Practice Used the software for: 2+ years ### "My Review/Opinion" October 1, 2024 5.0 I really appreciate Firmex being so easy to use. Pros I like how easy it is to share documents with our working group, which comprises of banks, lawyers and their client. Cons Honestly, we can do without the "No." column. I tried turning it off, but it would still be present in the dataroom. Our documents are named with numbers in front of them. So the extra No. column can be confusing. Review Source Response from Firmex November 4, 2024 We appreciate the feedback and the 10 out of 10 rating whcih is always great to see. As for the numbering schema, here is an article from our online Knowledge Base to help - https://support.firmex.com/hc/en-us/articles/207255117-Numbering-settings-and-schema AP Albert P. Investment banking Financial Services Used the software for: 6-12 months ### "Recommend Firemex" February 25, 2025 5.0 Pros Easy to use and not as complicated as other VDRs Cons Not much cons I found. I had no problem using Firmex VDR. Review Source Response from Firmex March 3, 2025 Thanks for the feedback, always great to hear that you had no complaints when using the platform, along with the overall ease of use of Firmex. DM Dan M. Director of Quality Assurance and Administration Oil & Energy Used the software for: 1-2 years ### "Excellent help" October 3, 2024 5.0 Excellent, glad its resolved so quickly. Pros Very efficient email process. Timely replies and solved the same day! Cons I had to login in to get to a page, links would be nice. Review Source Response from Firmex November 4, 2024 Thanks for the feedback. We do send out invitation emails when being granted access to a data room, wtihin the email are links to the URL of the data room project you have been invited into. There are always links that users can send to one another for a specific document. TV Tori V. Administrator Renewables & Environment Used the software for: 2+ years ### "One of the better data rooms I've used" September 10, 2024 4.0 Definitely one of the better, user-friendly data rooms I have used. Pros It is very efficient and I have never had an issue downloading files or accessing a data room. Cons I don't like the new interface as much as the previous one. The previous interface was a little easier to use and I didn't have any issue with functionality. I don't like that when you checkbox individual files, you don't have the option to download them with the folder path. You can only download with a folder path included if you click the "Download" button without checking any files, which can be a little cumbersome downloading unneeded files. I think that needs to be updated asap. Review Source Response from Firmex September 26, 2024 Thanks for the feedback, great to hear about your experience and how easy it was to navigate our platform. We pride ourselves in how easy our user interface is to accommodate all users logging in to our data room. We do have the ability to leave comments and tags which can be found on the right hand side of the documents tab. Those comments and tags can be searched for within the search tab as well, although isn't a report function it still can be found easily. PP Param P. VP Finance Information Technology and Services Used the software for: 2+ years ### "Great product" October 4, 2024 5.0 It is easy to use, set up permissions and very user friendly. Pros Ease of use and easy to set up users, accounts and groups by companies Cons Zip files take longer to upload, otherwise no issues Review Source Response from Firmex November 4, 2024 Thanks for the feedback on the ease of use of the platform, this is one of our biggest competitive advantages. Always great to hear about a users experience with Firmex and we look forward to continually working with you. DR Dinesh R. Asset Manager Utilities Used the software for: Less than 6 months ### "Way to go Firmex! " September 27, 2024 5.0 Probably the best data room that I have used thus far. Pros Easy to maneuver and locate files, folders & sections even without having any experience with the platform. Cons The download zip structure can be improved or at least the user guide explaining it can include Q&A or frequently asked section. The multiple zip file structure is a bit confusing. Review Source Response from Firmex November 4, 2024 Thanks for the feedback, as it's always great to hear when a client gives you a 10 out of 10. Currently we are in the process of improving our zip file download structure for bulk downloads. This will increase the limit from 5 GB to 20 GB in order to eliminate any confusion as outlined when doing a bulk download from the platform. SM Scott M. M&A Executive Financial Services Used the software for: 2+ years ### "Using Firmex. " April 20, 2023 5.0 Firmex is a very useful for the M&A arena we are in, having trained several colleagues over the years they tend to pick this up quite quickly. Firmex has several tools to assist in the due diligence phase of a project (reporting, bulk download etc). Pros Ease of use, the reporting features that allow you to monitor progress and those that have accessed the data-room. Confidentiality is paramount in our sector and being able to restrict companies and individuals on the data they can see is very useful. Cons The only area that I think needs improving on (and I'm not sure how this can be done), when inviting people into data-rooms, on quite a few occasions the invite will end up in junk folders and not picked up. Reason for choosing Firmex Virtual Data Room We had a couple of demo's with alternative data-room providers, they were too over engineered compared to Firmex and thinking of others that would need to be trained up on these, both internally and externally, the risk was too great of someone making a mistake and provide the wrong permissions and also too many tick boxes , which could result breach of confidentiality. Review Source Response from Firmex May 5, 2023 Thanks for the feedback on the reports and being able to monitor progress of your deal. Since security and confidentiality is important it is the main reason why we created the View As feature to see what your guest users can/can't see based on their permission settings. In terms of user invites going to spam/junk, it's an issue within the VDR industry based on how the invitations are sent and individuals spam filter settings being high. Again appreciate the feedback and look forward to continually working with you. MB Matthew B. Senior Associate Management Consulting Used the software for: 2+ years ### "Firmex Data Room" November 15, 2022 5.0 I’ve been the administrator for roughly 6 Firmex Data Rooms, and I receive very few if any comments from users regarding issues. If there are, it’s usually on my end fixing access settings. Pros The security features that administrators are able to apply are also quite useful to maintain confidentiality.Management and user interface is clean and logical. It is easy for newer users to get used to which is useful for us as we are often working with many different clients.The reporting feature is also quite useful in managing users and documents. Cons Frequent login prompt is a downside. Having the ability to set the duration before being automatically logged out would be helpful. Review Source Response from Firmex December 9, 2022 Thanks for the feedback on the level of security our platform can provide to give you peace of mind when sharing confidential information, along with the minimal learning curve new users have when accessing Firmex. This is what we strive for. In regards to login prompt, it is something we have heard before but feel it is an appropriate timeframe to keep in order to maintain the level of confidentiality and security our platform provides. Happy to discuss further with you, feel free to reach out. VR Verified Reviewer Associate Director, New Product Strategy Pharmaceuticals Used the software for: 1-2 years ### "Firmex Virtual Data Room is Excellent " April 30, 2024 5.0 Pros Firmex allowed the PureTech team to work quickly and efficiently, while ensuring that our files were secure. Cons As a user of the virtual data room, I did not appreciate that Firmex shows every time someone edits, replaces, uploads a new file. Although this makes sense, it calls attention to certain documents if things have changed. Review Source Response from Firmex May 2, 2024 Great to hear that the team was able to work quickly on your project. As for the showing of information and upload updates, I believe this is via our email notifications which can be adjusted to a frequency you are more comfortable with such as once a day or once a week instead of hourly or immediate. RW Richard W. Chief Investment Officer Financial Services Used the software for: Less than 6 months ### "Comprehensive, Flexible, and Easy to Use Data Room Software/Web Site." January 30, 2023 5.0 Our company is very satisfied with the implementation of our Firmex virtual data rooms. We share large volumes of data with investors in our loan product and Firmex has given us the ability to provide a platform for seamless investor access to our files. Pros The ease of use and organization of the data rooms made the implementation very easy for our company. In addition, the initial and follow-up support for our internal users is unparalleled in the software industry. Cons n/a. So far we have had no issues with the software and it has performed as expected. Reason for choosing Firmex Virtual Data Room Firmex was the most repsonsive to our company's inquiry and also provided a more personalized solution, including direct access to support and training for all users. Switched from [Dropbox Business](https://www.capterra.com/p/143068/Dropbox-Business/)[Box](https://www.capterra.com/p/148766/Box/) Firmex offered better data protection protocols and was able to be accessed by all external users, which was not the case for the other products. Many banks and other financial institutions prohibit the use of Dropbox and Box. Review Source Response from Firmex March 2, 2023 Thanks for the amazing piece of feedback, we are always pleased to hear this. CD Chuck D. Managing Director Financial Services Used the software for: 2+ years ### "Firmex - User Review" February 24, 2023 5.0 This allows us to share confidential information with confidence and ease. It is a critical piece of our day to day activities and increases our productivity dramatically. Pros I love how easy is it to set up data rooms and add users with different tiers of access. It allows me to set up permission structures and then just worry about getting the right data in the proper folder. I also like how intuitive the software is - it allows me to onboard clients quickly. Cons I wish they would allow sessions to last longer - I'm in Firmex all day and find that I have to log in many times. I also wish there an iPhone app. Alternatives considered [Intralinks VDRPro](https://www.capterra.com/p/131416/Intralinks-Virtual-Data-Room/) Reason for choosing Firmex Virtual Data Room Pricing for Firmex was much more competitive and the customer service has been excellent. Review Source TD Tara D. Claims Specialist - Paralegal Law Practice Used the software for: 2+ years ### "Firmex Delivers A Consistent Secure Platform" October 25, 2022 5.0 Pros The ability to create various security levels is vital to the value of this platform. The interface is user friendly which makes it essential when dealing with international clients. Lastly, we have not had any downtime with Firmex which has made the ability to share documents in real time remain seamless. Cons I would say the ability to have a template email invitation. Maybe it is there but I have not seen it. Review Source Response from Firmex December 9, 2022 Thanks for the review and feedback. We appreciate the insight into how friendly our UI is and your experience. Our invitation emails are standardized to include the basic information that a user needs to know when logging in. However, you do have the ability to add by copying and pasting a predesigned template to this invitation email. It isn't automated if that is what you are looking for but is a work around that may help. Reach out to myself or our 24/7 support, we'd be happy to show you how to set it up. Zie Mamadou C. Développeur d'application Computer Software Used the software for: I used a free trial ### "Firmex Virtual Data Room, un espace virtuel de données" October 21, 2023 4.0 Outil très utile pour les audits, la gestion des documents Pros Firmex Virtual Data Room, est une salle virtuel de données qui vous permet de gérer et de collaborer en temps réel sur des données Cons Coût élevé et requière des compétences en gestion des données Review Source Response from Firmex November 2, 2023 Merci d'avoir partagé vos réflexions ! Nous sommes heureux que vous trouviez la plateforme utile pour vos besoins de partage de documents. Nous travaillons fort pour garantir que nos prix reflètent fidèlement la qualité du produit et le niveau de service que nous fournissons. Si vous souhaitez vous connecter pour vous assurer que le plan que vous avez en place est le plus rentable pour vos besoins, nous vous encourageons à contacter votre représentant Firmex pour en discuter. Si vous avez des recommandations sur la façon dont nous pourrions rendre la plateforme plus conviviale, nous serions ravis de connaître vos idées ! DW David W. Project Manager Venture Capital & Private Equity Used the software for: 2+ years ### "Virtual data room with the best price/ performance ratio " October 20, 2022 4.0 Pros The software is easy to use and inexpensive relative to comparable solutions. Monitoring and Q&A functions come in handy when working with multiple groups on a project. Cons The software lacks a good viewer and is sometimes complicated to use with regard to the automatic numbering function. Moreover, it should support more languages. Alternatives considered [Intralinks VDRPro](https://www.capterra.com/p/131416/Intralinks-Virtual-Data-Room/)[Ideals Virtual Data Room](https://www.capterra.com/p/130909/iDeals-Virtual-Data-Room/)[netfiles Deal Room](https://www.capterra.com/p/131468/netfiles-Dataroom/) Reason for choosing Firmex Virtual Data Room Price and functionality. Switched from [netfiles Deal Room](https://www.capterra.com/p/131468/netfiles-Dataroom/) Netfiles was too expensive in comparison. Review Source SR Sean R. Litigation Technology Support Coordinator Law Practice Used the software for: 1-2 years ### "Ease of Use" October 17, 2023 5.0 Pros I really enjoy being able to set up Data Rooms for our clients very quickly and seamlessly. This saves time for all parties. I really appreciate the availability of customer service being available for all of my questions as well! Cons I feel that the user interface can be worked on a little bit to make it more user friendly, such as larger tabs or buttons that would make the end user experience more enjoyable. Review Source Response from Firmex November 1, 2023 Thanks for the feedback as it's great to hear that you enjoy using our platform for your clients when they require a data room. We made some UI updates and are currently looking to complete the entire VDR UI updates next year. DS Dhanusha S. M and A Accounting Used the software for: 6-12 months ### "Ease of Use" July 23, 2024 5.0 Pros \- Ease of Use - Document Sharing - Document Storage Cons \- No cons as of now - Have only used for past year Review Source Response from Firmex August 6, 2024 Thanks for the feedback, great to hear that it has only been positive with Firmex thus far which is a common piece of feedback. We look forward to continually working with you on all your future VDR needs. MR Mark R. CFO Information Technology and Services Used the software for: 1-2 years ### "Firmex VDR" April 6, 2022 5.0 I am happy when others present their due diligence files to us in Firmex, as I am 100% comfortable with it/ Pros i have used Firmex multiple times in my career as a CFO and as the Administrator of the VDR. I have mostly used in in an M&A due diligence VDR model. I find the software to be intuitive and easy to use. I have had very few users come back to me and not understand how they can gain access tot he files they need, so it is first time user intuitive as well. Cons On con is to ensure you set up the file structure correctly in the first instance, as it will impact the flexibility you need to create multiple group access restrictions. Alternatives considered [Dropbox Business](https://www.capterra.com/p/143068/Dropbox-Business/)[Microsoft Teams](https://www.capterra.com/p/168668/Microsoft-Teams/) Reason for choosing Firmex Virtual Data Room We chose Firmex as it was the leader in the market. Other options were not as flexible or had the controls we were looking for. Review Source Response from Firmex April 29, 2022 Thanks for the feedback on how intuitive and easy to use the platform is based on your experience. We do have the ability to drag and drop folder and documents to reorganize them if they are in the incorrect order. Our support team is 24/7 and always available for any questions you may have, I always encourage our clients to speak with our support team for any assistance needed. Feel free to reach out to me with any questions james.lehuquet@firmex.com. - James Le Huquet, Director of Sales DL Daviid L. Associate Financial Services Used the software for: 2+ years ### "Top-tier VDR at a fraction of the cost" May 14, 2024 5.0 Very satisfied! I've been using the VDR every day for the past 6 months and the product has never failed me. Pros Firmex is super user friendly and intuitive. The feature are easy to use and understand. The platform also updated his search engine and it's been a true game changer in locating documents. Cons It would be helpful to be able to assign permission to specific sub-folders. Other than that, it's a great VDR! Review Source Response from Firmex June 4, 2024 We appreciate the feedback on how super user friendly and intuitive the platform is, as that is one of our biggest advantages within the VDR industry. As for seeing sub-folder permissions, here is a link to our online Knowledge Base to assist https://support.firmex.com/hc/en-us/search?utf8=%E2%9C%93&query=sub+folder+permissions, we also offer a tool called View As which allows you to see through the groups access of what folders they can and can't see. Feel free to reach out if you have any other questions to james.lehuquet@firmex.com. EE Erik E. Managing Director Investment Banking Used the software for: 2+ years ### "Firmex - Great Value for top notch features" September 19, 2023 5.0 Firmex is the perfect solution at a great price point for our virtual data room needs. Pros Firmex delivers the same functionality as software solutions that are 10x the price. Cons Its not as intuitive as some of the other user interfaces i"ve seen - but it gets the job done. Alternatives considered [Intralinks VDRPro](https://www.capterra.com/p/131416/Intralinks-Virtual-Data-Room/) Reason for choosing Firmex Virtual Data Room Cost. Review Source Response from Firmex October 23, 2023 We appreciate the feedback on the platform and your experience with Firmex. In terms of the intuitiveness of the platform, I would be curious to know which providers you are referring and to learn how we can improve as we do have one of the more user friendly platforms wtihin the industry. Feel free to email me at james.lehuquet@firmex.com. AG Anne G. Legal Assistant Legal Services Used the software for: 2+ years ### "Benefits and Features of Firmex " August 16, 2022 5.0 Firmex has totally eliminated the need to create CD or paper transcripts of documents. This is a tremendous savings of time, money and resources. Pros The best feature of Firmex is having the ability to share large documents with ease. Being able to control the documents and the access permissions of the users has reduced the time we used to spend emailing documents and revisions. Firmex also has a very solid help line that responds quickly. Cons While I appreciate Firmex remembering users, I would like it to be easier to change email addresses when necessary without having to request the help desk to do so. Review Source AP Adam P. Attorney Legal Services Used the software for: 2+ years ### "Great Data Room" May 14, 2024 5.0 It's an integral piece of software and works very well. Pros It's easy to use for everyone and it just works. There are no issues with it that confuse people and it's secure. Great program. Cons I wish it linked to iManage and created deal books. iManage has just recently released a program that is a competitor that does those things. Review Source Response from Firmex June 4, 2024 Thanks for the feedback and apprecaite the kind words. As for our integration, we currently do not provide a direct integration to iManage and can't comment on what their product offers for the legal space. We do have API's that our clients optimized and these can be built in order to facilitate those potential needs. JB Jim B. Director Environmental Services Used the software for: 2+ years ### "Corporate M&A Virtual Data Room Review" January 27, 2024 4.0 Pros Firmex is an all-around great virtual data room for middle-market M&A transactions. It provides M&A professionals and deal participants with an easy-to-use and secure platform to get transactions done, at a low cost. Cons Firmex does not have all of the premium features that you may get with higher-priced platforms. Review Source Response from Firmex February 1, 2024 Thanks for the feedback as we aim to be the top VDR provider for the middle-market with an easy to use and secure platform. As for the bells and whistle features that we don't have compared to some legacy high end providers, that is where the price differential comes into play. We don't bill per page as well as price gouge our clients. We offer a top tier platform that does over 20,000 data rooms a year which is the most in the industry. EK Edward K. SVP of Finance & Analytics Medical Practice Used the software for: 1-2 years ### "Recommend Firmex Virtual Data Room" December 12, 2022 5.0 Pros The customer support is world class. Easy to start using once you start getting use to the functions. Cons The advanced controls are not as intuitive and relied on the customer support to guide our team. Switched from [Google Docs](https://www.capterra.com/p/160756/Google-Docs/)[OneDrive](https://www.capterra.com/p/161304/OneDrive/) Security and the reputation of it being the standard for M&A. Review Source Response from Firmex March 2, 2023 Thanks for the feedback and comments about our best-in-class support team, as it is one of our biggest differentiators in the space. As for the advanced controls, I would be interested to better understand what specific controls you are referring to. We strive to have one of the easiest and most intuitive platforms in the VDR space. Feel free to email me so I can better address your feedback. CS Cara S. Paralegal Legal Services Used the software for: 2+ years ### "Firmex is a Virtual Closing Table" July 13, 2022 5.0 Firmex has solved the "virtual" closing table issue that has taken over the last few years now that closings are not attended in person. Firmex allows me to lay out all of the closing documents and give access to the necessary parties for review and approval. Firmex also allows me to provide parties with large documents that can't be sent via email due to size. Overall Firmex has been a huge help to our law firm. Pros The most important feature I like about Firmex is how easy it is to use either from the administrator side or the user side. I have never had anyone ask questions on how to use it because it's so straight forward. Cons I would enjoy seeing some type of integration with Imanage so if documents change internally they would automatically update. Review Source Response from Firmex August 9, 2022 We appreciate the feedback on how easy the platform is to us from an admin or general user aspect. In terms of integration, we offer API's to clients in order to integrate with other platforms. In the legal space I understand Imanage is a popular tool and it is something we are always actively looking into, to improve our competitive advantage within the deal space. MT Mark T. Co-Founder, Director of Ops Financial Services Used the software for: 1-2 years ### "Firmex Surpasses Our Expectations" January 18, 2023 5.0 Pros Firmex makes the management of our M&A process incredibly smooth. Fully customizable permissions and reports, granular viewing data, and a secure, branded room for our company. Cons The price point for VDR service providers remains higher than it should be, in my opinion. I anticipate there will be a major price correction in the next few years as cheaper, and more effective options become available. Reason for choosing Firmex Virtual Data Room Price and type of contract. Switched from [Venue Virtual Data Room](https://www.capterra.com/p/191882/IPO/) Price. Review Source Response from Firmex March 2, 2023 Thanks for your feedback on how Firmex makes the M&A process smooth. Our price point is still at a mid-market level compared to the level of service we provide, as well as not pricing by legacy per-page pricing. There are lower-cost alternatives in the market, but with those, you sacrifice the features that allow for an incredibly smooth process. ## Send me user reviews about this product ### Fill out the form and we'll send a list of the top-rated software based on real user reviews directly to your inbox. Talk to a Capterra advisor for free and get results within 15 minutes.