# 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/?page=3 --- 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 July 21st, 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](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 , 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. 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](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 PM Pratik M. Chief Operating Officer Financial Services Used the software for: 6-12 months ### "Amazing Virtual Data Room" May 23, 2024 5.0 Overall, I have had a great experience with Firmex and would highly recommend this to anyone looking for an effective deal room. Pros The ease of use, ability to create the data room and the Q&A function built into the tool to manage all of the questions and answers related to the deal itself. Very dynamic and it allows you to have multiple security controls on documents. Cons The storage limit provided as part of the initial package. It would have been nice to get more storage space for the price paid. Switched from [Cool Life CRM](https://www.capterra.com/p/100794/Cool-Life-CRM/) The transition to the new company was very poor and the data room had a fraction of the functionality. Review Source Response from Firmex June 4, 2024 Thanks for the feedback and great to hear about your experience with our best in class VDR product. As for the storage, we give you the flexibility to take information down and not be billed within a certain time frame. You always have the ability to speak with your rep about storage package to give you the most cost effective way of doing so. 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. VR Verified Reviewer Analyst Investment Banking Used the software for: 1-2 years ### "\[sensitive content hidden\]" June 20, 2023 5.0 I really enjoy all of my ecounters with Firmex except the inability to use it from a mobile phone Pros The ability to easily move / copy documents Cons It is hard to use on a mobile phone and use from a mobile application standpoint Review Source Response from Firmex July 7, 2023 We appreciate the positive feedback on the easy of use and copying documents which saves time and resources compared to other providers. Our platform can be used on a mobile web browser and we do offer an iOS app. The app isn't designed to be a complete substitute, it is meant to be able to store documents offline as well as make some changes remotely. 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. SP Sunny P. Paralegal Law Practice Used the software for: 2+ years ### "Not friendly to use" June 13, 2023 5.0 I like using Firmex once I figured out how to use. But I shouldn't have to figure out how to use. It should be easy to use. Pros Once you figure out how to use its easy but I had to take the time out to figure out. Uploading and downloading is very easy, this function is easy to figure out. But we have to make sure the "Upload, all at once" button has to be clicked. Customer service is excellent. Cons Its easy to use once you used it. But its not easy to figure out how to use. If I want to create a new folder, it should be easy to find and to use it. Its not clear what "Add Directory" is. I had to go to the help section to obtain a clear answer. It looks like a folder once I "ADD Directory". And the folder color is grey and stays grey. To me, grey is not being used or not functioning. Color should be change to a folder color or some other color. I had ppl email me that they had access and no longer have access. I have to send another invite, so there is some disconnect there. And it happened with ppl that used Firmex many times before. Is not clear how to add or delete ppl when you are adding them to the Firmex. Review Source Response from Firmex July 7, 2023 Thanks for the feedback, like any platform using for the first time there is somewhat of a learning curve which is why we have best in industry support. Our team can help you navigate and are available 24/7/365 for any user assistance or troubleshooting. For the additional folders, sub folders and users, the drop down arrow once selected by a user, folder or sub folder will give you all the options needed to make changes. 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. JT Janie T. Integration Manager Hospital & Health Care Used the software for: 1-2 years ### "Firmex -Files at your Fingertips" November 21, 2023 5.0 Pros Files are easily retrievable and a source of truth repository for all related documents. No chasing down emails or latest versions of files. Cons The filing system could be easier to manage, or have better categories to choose from. Review Source Response from Firmex November 28, 2023 Thanks for the feedback on how easy it is to retrieve documents within the platform and not having to chase down what the latest version of the document as we have a version management tool built into the platform. I would be interested to know how we can make the system easier to manage as you already said it was easy to retrieve files, our product team is always interested in feedback so feel free to reach to me at james.lehuquet@firmex.com 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. MD Mary D. Managing Director Investment Banking Used the software for: 2+ years ### "Awesome online dataroom! " September 7, 2023 5.0 Helps manage deal rooms for M&A and document retention purposes for compliance Pros Fast, easy to use and great customer support Cons Files can be cumbersome to reorder in folders if you are moving many files (i.e. we always have to arrange monthly financials by date) Reason for choosing Firmex Virtual Data Room Product functionality, customization, and service Review Source ## 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.