DealRoom, a Day1 Company

DealRoom


4.5 / 5
106 reviews

Who Uses This Software?

DealRoom serves businesses of all sizes ranging from small shops to bulge bracket banks. We provide teams with the software they need to streamline diligence and other financial transaction workflows.


Average Ratings

106 Reviews

  • 4.5 / 5
    Overall

  • 4.5 / 5
    Ease of Use

  • 4.5 / 5
    Customer Service

Product Details

  • Starting Price
    $500.00/month
  • Pricing Details
    We offer a variety of pricing options to suit all of your VDR needs.
  • Free Trial
    Yes
  • Deployment
    Cloud, SaaS, Web
  • Training
    Documentation
    Webinars
    Live Online
    In Person
  • Support
    Online
    Business Hours
    24/7 (Live Rep)

Vendor Details

  • DealRoom, a Day1 Company
  • dealroom.net
  • Founded 2012
  • United States

About DealRoom

A diligence management platform and virtual data room for Agile M&A. The world's first and only Agile M&A platform designed to reduce work, track progress and utilize analytics on one centralized project management system. DealRoom is 40% faster and up to 50% less expensive than a traditional data room.


DealRoom Features

  • Anonymity Management
  • Auditing
  • Collaboration
  • Data Protection
  • Data Storage Management
  • Document Tagging
  • Due Diligence Management
  • Procurement Management
  • Project Management
  • Role-Based Permissions
  • Secure Preview

DealRoom Reviews Recently Reviewed!


Capterra loader

Most responsive and innovative dataroom provider in the market right now

Apr 17, 2018
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
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Pros: I love task tracking feature that is unique to the DealRoom software and the fact that you can control permissions down to the individual file level, but what I like the most about this software is the customer suppport. The CEO personally reads and sometimes responds to customer inquiries and requests for features. Additionally, the customer support team is extremely responsive and works to resolve your issue within 24 to 48 hours.

Cons: There are certain features that I would like to see in the group permissions management section, but I have been told the team is already working on it and the new feature should be out in 1-2 weeks!

Overall: Very easy to use

Capterra loader

Excellent platform with ease of use

Apr 17, 2018
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
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Pros: Dealroom is easy to use, you can populate dealroom with your due diligence folders and create due diligence list right inside the dealroom instead of sending the due diligence list separately to your clients.

Cons: Missing Outlook plugin which is mostly available will update tab that would allow execution team to update status on this would allow execution team to update status on transactions.

Overall: It helps us manage the document / info sharing between the client, our firm and the potential investors. It also allows us to manage users, their permissions etc. It is also helping us managing the analytics on user access. It is easier to upload large size files and share it with intended users which is not possible on outlook due to size limits.

Much needed platform for banking with exceptional ease of use

Apr 23, 2018
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 9.0/10 Not
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Pros: Dealroom has multiple features that make it easy to use, including very clear and user friendly interface, drag and drop options, pulling and downloading due diligence list directly

Cons: Absence of Microsoft outlook plugin as well as inability to update/track deal marketing progress so you can categorize deals in terms of their status.

Overall: Deal Marketing, Documents Upload, Documents Receiving from Clients, Investor Access to Deals

Vendor Response

by DealRoom, a Day1 Company on July 31, 2018

Thanks for the review Ovais! Glad you've had a good experience with direct diligence management and appreciate the feedback on deal tracking, definitely something for us to look into. Thanks again!

Excellent customer service!

Oct 23, 2018
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support
Likelihood to Recommend: 9.0/10 Not
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Pros: I have experience with a few different Virtual Data Room platforms: Merrill DataSite, Donnelly, etc. Most platforms focus only on privacy and functionality at the expense of general user interface. I found Deal Room to be incredibly easy to use, despite having never used it before. This ease of use was greatly augmented by my experience with my customer success manager, who I will describe below.

Cons: There was very little not to like. The software did exactly what I needed it to.

Overall: The best part about using DealRoom by far was my experience with the customer representative, my customer success manager throughout the process. She chatted with me while in the portal, offering tips to ensure I took the best advantage of Deal Room's features. Even after I left the portal, she continued to follow up, doing everything within her power to guarantee I had a 10/10 experience. No other VDR platform I've used has even offered that type of personal support. And on top of that, she was one of the strongest, most courteous, and most helpful customer success manager's I have encountered in any product or service I have ever used!

Vendor Response

by DealRoom, a Day1 Company on November 06, 2018

Thanks for the review Luke! Good to hear you've had a positive experience with DealRoom compared to other providers and happy to hear the interface was intuitive and easy for you to use. Also, thank you so much for the kind words about our customer success manager! Glad to hear our team is doing their best to help you and we are grateful for the feedback. Appreciate you taking time for the review!

Extremely easy to use.

Apr 23, 2018
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money

Pros: I like the functionality of the software. There are some very helpful features and the software is very user friendly.

Cons: I would like the option to have multiple admins. I would like to be able to customize the software a little bit more.

Vendor Response

by DealRoom, a Day1 Company on July 31, 2018

Thanks for the positive feedback! You are actually able to add more that one person into the admin group and give other groups admin abilities as well. Happy to get in touch and go over those features. Thanks again for the review!

Dealroom Review

Dec 18, 2018
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
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Pros: Easy to access user interface, speed is never an issue. The ability to track specific requests on an individual basis is valuable.

Cons: No obvious cons, some files have trouble downloading, but assume that is user error more so than Dealroom issues

Vendor Response

by DealRoom, a Day1 Company on December 28, 2018

Thanks for the review Ben! Glad to hear the interface was easy to use and using requests added value! Appreciate the high recommendation

Dealroom Review

Dec 14, 2018
4/5
Overall

5 / 5
Ease of Use

4 / 5
Features & Functionality

4 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
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Pros: One of the most enticing points of the DealRoom software is the fee structure. Not having to worry about page count is a relief.

Cons: Although almost everyone downloads the files to view, the document viewer could be enhanced.

Vendor Response

by DealRoom, a Day1 Company on December 28, 2018

Thanks for the feedback! Happy to hear the flat one time fee worked well for you. Appreciate the high recommendation and hope to work with you again!

Great dataroom support

Apr 17, 2018
4/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support
Likelihood to Recommend: 10.0/10 Not
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Pros: We love the ease of use for our due diligence process. This platform allows a streamlined process to request and receive documents.

Cons: We wish that there were office plugins so that files can be saved directly within dealroom and easing up our overall use.

Overall: Ease of use

Secure data transfer for confidential documents

easy investor access via group creations

Dealroom Review

Dec 27, 2018
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 8.0/10 Not
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Pros: I like the feature that allowed me to see the latest uploads to the Dataroom.

Cons: Sometimes there were difficulties in downloading the full data room to my desktop at once.

Overall: It was great!!

Vendor Response

by DealRoom, a Day1 Company on December 28, 2018

Thanks for the review Anumita! Glad to hear you had a good experience and appreciate the feedback on the download. Thanks again for the feedback!

Great platform for our internal and client use

Apr 17, 2018
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money

Pros: Ease fo use is the best feature of this platform. We love the customization and drag and drop features

Cons: We wish this platform had more analytical features, and allowed for outlook integration as well as a desktop version that can be installed to our computers in office for quicker access.

Great data room!

Dec 14, 2018
5/5
Overall

5 / 5
Ease of Use

4 / 5
Features & Functionality
Likelihood to Recommend: 8.0/10 Not
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Pros: I love the clean look and the various views for the deal documents. The search functions were extremely useful when they worked.

Cons: I found the OCR/search functions were not as reliable as I had hoped. If every document was properly OCR'd it would have sped up my workflow. I'm still looking for a good data room that solves the problem of individual users being able to tag/sort/group/notate documents in a data room for our personal reference (i.e., setting privileges for who can see the sorting/notes). If this capability is added, DealRoom could further set itself apart.

Overall: Overall, DealRoom is one of the best data rooms I've used and would likely use it again.

Vendor Response

by DealRoom, a Day1 Company on December 27, 2018

Thanks for the review Jeremy! Appreciate the positive feedback and happy to hear you would recommend us to others. OCR search is something we are considering adding. I'm not sure if you were an admin in the room but you can give groups permissions to certain folders to be able to upload/move documents as well as use our requests tab which allows for communication around documents on the platform. Thanks again for the kind words and hope to work with you again!

Great tool

Dec 14, 2018
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality
Likelihood to Recommend: 10.0/10 Not
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Pros: DealRoom makes it easy to organize shared files and give access to those who need it. It is a very functional tool and has been a big help to our enterprise

Cons: Have not had any negative experiences yet

Overall: We use DealRoom extensively in business acquisition transactions. The sellers can easily provide requested materials and save them in a designated spot for ease of use. No need to email files back and forth and get multiple versions of the same data.

Vendor Response

by DealRoom, a Day1 Company on December 27, 2018

Thanks for the great review! Glad to hear it's been a value add to your enterprise. Our main goal is to have a usable tool to make M&A as efficient as possible. Appreciate you taking time to leave feedback and we appreciate your firm choosing to work with us!

Simple and intuitive, DealRoom's interface made sharing and facilitating a breeze.

Apr 23, 2018
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money

Pros: We loved the ability to loop in constituents from a variety of places to see only what they needed to see, as well as the granular level of visibility and control that made monitoring and compliance as pain-free as possible.

Cons: There were a few features that would have been great out of the box that weren't available, but our account team was happy to help us develop user-side solutions to accommodate nearly everything we wanted to do.

Vendor Response

by DealRoom, a Day1 Company on July 31, 2018

Thanks for the feedback Michael and glad you had a good experience with the interface. Happy our team was able to help out as well! If there's anything else we can help with feel free to get in touch

Capterra loader

Easy experience for end user!

Dec 14, 2018
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

4 / 5
Customer Support

4 / 5
Value for Money
Likelihood to Recommend: 7.0/10 Not
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Pros: Intuitive, just like managing folders and documents on my computer. Never had a proble gaining access.

Cons: Notifications for each document uploaded coukd be overkill at times, would orefer a daily rollup or a proactive outreach based on the volume of notifications I was getting to ask if I'd like to turn them off.

Vendor Response

by DealRoom, a Day1 Company on December 27, 2018

Thanks for the review Kelli! Glad to hear the platform was intuitive and you had a positive experience. Each user has the ability to dial back their notifications to hourly, daily, none at all under their settings tab. Just something to note if you use us on another project! Thanks again!

Fluid Functionality

Dec 14, 2018
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

4 / 5
Value for Money
Likelihood to Recommend: 8.0/10 Not
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Pros: The platform is easy to use and the functionality is extremely practical which makes it both enjoyable and sensible when communicating across different positions in our office, streamlining projects and making us all more efficient.

Cons: It's an extra step that not all of our employees go the extra mile to use.

Overall: We've been able to assure effective communications across the office.

Vendor Response

by DealRoom, a Day1 Company on December 27, 2018

Thanks for the positive feedback Jessica! Glad to hear the platform is easy to use and has created efficiency for your team, that's our goal! Let us know if there's anything else we can help with

Functional software

Dec 27, 2018
4/5
Overall

5 / 5
Ease of Use

4 / 5
Features & Functionality
Likelihood to Recommend: 8.0/10 Not
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Pros: You are email notified of all changes/adds to dealroom.

Cons: Spreadsheets can be a challenge to see all cells- you will have to download to get a full file view. This can add a little time - when you just want to see a quick response.

Overall: A good tool to share, review and track action items (along with the current status of action item).

The software is easy to use and functions as advertised.

Vendor Response

by DealRoom, a Day1 Company on December 28, 2018

Thanks for the review Gregory! Happy to hear you had a good experience and were able to track and update the status of action items. Our goal is to provide a tool to improve efficiency. Appreciate the feedback!

Great System

Dec 14, 2018
5/5
Overall

5 / 5
Ease of Use

4 / 5
Features & Functionality

4 / 5
Customer Support
Likelihood to Recommend: 9.0/10 Not
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Pros: Easy to use and navigate through as well as real time notifications when new documents were submitted.

Cons: Unable to use the request for information function but that may have been the way my company set it up.

Overall: Excellent platform/tool with easy navigation and use. I would highly recommend.

Vendor Response

by DealRoom, a Day1 Company on December 27, 2018

Thanks for the feedback Nora and high recommendation! Glad to hear everything went well. Requests are definitely a huge advantage with using DealRoom, hopefully we can work with you on another project and have that functionality be used! Thanks again for the positive review, we appreciate it!

DealRoom Review

Dec 27, 2018
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support
Likelihood to Recommend: 10.0/10 Not
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Pros: From a buyer's perspective, the platform has been really easy to navigate, use, and download files. The one time I did have a download issue, the customer support team was responsive and quickly resolved the issue.

Cons: N/A - there hasn't been a moment where the platform has negatively impacted deal flow productivity

Vendor Response

by DealRoom, a Day1 Company on December 28, 2018

Thanks for the review Logan! Great to hear you had a good experience from a buyers perspective and happy to hear our customer support team was quick to help you :) Thanks again and appreciate the feedback!

DealRoom - Gets The Job Done But Leaves More To Be Desired

Jul 30, 2018
3/5
Overall

3 / 5
Ease of Use

2 / 5
Features & Functionality
Likelihood to Recommend: 4.0/10 Not
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Pros: The bulk download capabilities, the organization by data room when you are in multiple, and the ability to view documents without downloading them.

Cons: There is no feature to sort all documents by upload date so that you can see what is new since you last logged in. Some other data rooms have a feature where you can sort new documents by your last login date or by new documents since a particular date you choose.

Overall: It achieves it's basic purpose but there are other data rooms with enhancements that provide a better experience.

Vendor Response

by DealRoom, a Day1 Company on July 31, 2018

Hello! Glad to hear you are happy with the bulk download capabilities. In the top right above the Home folder you can click Recent Files to show what has been last uploaded and sort by date. Thanks so much for the feedback and hope you use us again soon!

CRM Update Success

Oct 22, 2018
5/5
Overall

4 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

4 / 5
Value for Money
Likelihood to Recommend: 9.0/10 Not
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Pros: Ability customize every entry field and data cell

Views

Ability to export directly to Excel and Word

Duplicate entry tracking

Cons: Process to edit fields can be confusing for new users

Attaching files can be tedious

Overall: We chose to update to DealCloud because our old CRM was unable to keep up with the dealflow we were seeing. The DealCloud engine made day-to-day processes much more productive and gave us more time for more important parts of the deal process.

Vendor Response

by DealRoom, a Day1 Company on November 06, 2018

Hi Quinn! I think you may have meant to leave a review for DealCloud instead of DealRoom. Thanks!

Deal work

Jul 27, 2018
4/5
Overall

4 / 5
Ease of Use

4 / 5
Features & Functionality

3 / 5
Customer Support

4 / 5
Value for Money
Likelihood to Recommend: 7.0/10 Not
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Pros: Flexibility for organizing and posting data

Cons: Changing structures once initial information has been loaded

Overall: Sharing data with multiple parties and allowing segmented access to select information

Vendor Response

by DealRoom, a Day1 Company on July 31, 2018

Thanks for the feedback John! To rearrange the structure in the room we added an Edit Index button that lets you drag and drop to reorder. If you have any questions feel free to get in touch and hope to work with you on a project again soon!

I enjoy using dealroom software. It is easy to navigate.

Apr 18, 2018
5/5
Overall

5 / 5
Ease of Use

4 / 5
Features & Functionality

4 / 5
Customer Support

4 / 5
Value for Money
Likelihood to Recommend: 8.0/10 Not
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Pros: The ability to quickly see what has been uploaded to the data room in the previous 24 hours. This is extremely helpful.

Cons: Instead of a notification email just saying there are new documents and then listing them out, it could say that "5 documents have been added to the finance folder" which would provide a quicker understanding of whether they are material to my workstream.

Overall: The ability to quickly navigate through new files in a short amount of time greatly increases efficiency.

Well-designed Data Room

Jul 27, 2018
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality
Likelihood to Recommend: 9.0/10 Not
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Pros: The ability to request information through the platform, the download process was easy.

Cons: While intrigued by the ability to request information, I didn't use it, because I generally err towards direct email asks. If this was an internal project, I could see the use for the information request features.

Overall: I was given access as part of a due diligence data room. The file structure was easy to understand, and downloading was simple. There were a number of features that were beyond my typical data room experience, but I believe could be useful.

Vendor Response

by DealRoom, a Day1 Company on July 31, 2018

Thanks for your feedback on using requests! If it was ever something you were looking to use in an upcoming project feel free to get in touch and happy to talk about best use cases. Thanks again!

DealRoom - Another option from the main stream

Jul 27, 2018
5/5
Overall

3 / 5
Ease of Use

4 / 5
Features & Functionality

5 / 5
Customer Support
Likelihood to Recommend: 7.0/10 Not
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Pros: User face was genuinely easy to use, support was very responsive and helpful. Helpdesk took ownership in the problem.

Cons: When you click through an email update to see the new files uploaded, was difficult to go back to the main dataroom site.

Vendor Response

by DealRoom, a Day1 Company on July 31, 2018

Thanks Adam! Glad our support was helpful and you've had a good experience with the interface. I've let our team know about the email updates with links to files and see what we can do to make that more seamless. Appreciate the feedback, thanks again!

Good introduction and overall review of the software when first introduced.

Apr 23, 2018
4/5
Overall

4 / 5
Ease of Use

4 / 5
Features & Functionality

4 / 5
Customer Support

3 / 5
Value for Money
Likelihood to Recommend: 7.0/10 Not
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Pros: Organization of data and accessibility of needed information in a centralized location for the team to access.

Cons: Syncing to desktop would allow faster and offline accessibility. It is somewhat pricy for a small firm and wish it were more affordable as I know other smaller organizations that would like to use it.

Overall: Access to important data it would otherwise take a lot of time to research.

Vendor Response

by DealRoom, a Day1 Company on July 31, 2018

Thanks for the feedback LeAnne. Glad it was easy to use

VDR Review

Aug 02, 2018
4/5
Overall

4 / 5
Ease of Use

3 / 5
Features & Functionality
Likelihood to Recommend: 5.0/10 Not
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Pros: The dataroom was generally easy for me to use.

Cons: No specific negative comments on the dataroom.

Overall: Was fine - nothing stood out as great or bad for this. Preference for VDRs is to have daily notifications, bulk download, and ability to check for files posted based o date range.

Vendor Response

by DealRoom, a Day1 Company on August 06, 2018

Thanks Simon! Great to hear the room was easy to use and there was nothing negative to report. We appreciate the feedback and feel free to get in touch with our team if you have any questions!

Great user interface that allows for quick uploads and control of information sharing

Apr 24, 2018
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 9.0/10 Not
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Pros: Control and detail over information shared for multiple counterparties makes Dealroom easier to use than most

Cons: Not much to say here other than typical issues common amongst data room providers are the same as Dealroom

Vendor Response

by DealRoom, a Day1 Company on July 31, 2018

Appreciate the feedback Thomas! Happy to bring up any typical issues with data rooms to our team and see if there's ways we can improve it on our platform.But glad you've had a good expereince over all, thanks again!

DealRoom Review

Dec 18, 2018
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
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Pros: Easy to use. Very user friendly so I find ways to use it.

Cons: Clients sometimes go into junk. It can be very helpful though.

Vendor Response

by DealRoom, a Day1 Company on December 28, 2018

Thank you for the review! Appreciate the high marks and strong recommendation. Glad to hear the interface was user friendly!

Easy to use and setup was very well organized.

Apr 21, 2018
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money

Pros: The file labeling and folders labeling. The navigation is simple. Files don't take long to load.

Cons: It doesn't have the ability to sync to my desktop. Often time teams like to download to desktop and to be able to access the files quickly. Add syncing capabilities.

Vendor Response

by DealRoom, a Day1 Company on July 31, 2018

Thanks for the positive feedback John! Glad to hear you were able to navigate easily, we try to make the interface as easy as possible to use

High quality and reliable

Apr 17, 2018
4/5
Overall

4 / 5
Ease of Use

4 / 5
Features & Functionality

4 / 5
Customer Support

4 / 5
Value for Money
Likelihood to Recommend: 8.0/10 Not
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Pros: The security and ease of use is very helpful. We are able to get potential buyers all of the relevant documents in a concise manner and to track who is reading what documents.

Cons: Being used to other virtual data room databases, it takes a bit of time to get up the learning curve on the nuances of DealRoom versus others.

Overall: Virtual data room to track buyers and provide them access to sensitive company documents for their due diligence.

DealRoom Review

Dec 18, 2018
4/5
Overall

4 / 5
Ease of Use

4 / 5
Features & Functionality

4 / 5
Value for Money
Likelihood to Recommend: 6.0/10 Not
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Pros: It has a better selection to review documents.

Cons: The format of the software is confusing and does not clearly indicate my most important items (how to download an index, etc.).

Vendor Response

by DealRoom, a Day1 Company on December 28, 2018

Thanks for the review John! The help tab would be a good reference on how to download an index and other questions you have. Otherwise always feel free to chat our support team through the site! Thanks for the feedback!

Was forwarded deal room by a colleague, so far it has been great

Apr 20, 2018
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money

Pros: It was very very easy to use and the user interface is so clear and easy to understand. Much easier then other sites

Cons: I dont have any complaints. It was easy and customer eccentric. I have sued other similar sites but they were not as good.

Vendor Response

by DealRoom, a Day1 Company on July 31, 2018

Thanks for the feedback Jonathan! Glad the interface has been easier to use than other products, that's our goal! Appreciate it

DealRoom review

Dec 14, 2018
5/5
Overall

5 / 5
Ease of Use

4 / 5
Features & Functionality
Likelihood to Recommend: 10.0/10 Not
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Pros: It is very easy to understand. For what I use it for it has been easy to keep up with everything I need.

Cons: No real complaints about it. Our use is document review and it's been great.

Vendor Response

by DealRoom, a Day1 Company on December 27, 2018

Thanks for taking time to write a review Tim! Glad to hear you've had a good experience so far, feel free to get in touch if there's anything else we can help with. Thanks again!

COUG Project PUMA

Oct 16, 2018
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality
Likelihood to Recommend: 9.0/10 Not
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Pros: I have been using the product to upload data files. The system is very intuitive to use. Files upload directly from our directory with no problems.

Cons: After files upload, they just drop out of the folder where I park them. It could be helpful to know when my files get transferred to some other storage space in your system. Just in case someone here asks about when I uploaded a file.

Overall: Using your system to support a deal. For what I am doing (uploading data files), it works great!

Vendor Response

by DealRoom, a Day1 Company on November 06, 2018

Thanks for the feedback Joseph and glad the platform has been easy to upload to and intuitive for you. It might be helpful to use the Recent Files filter on the documents tab or happy to discuss more if you would like to contact us directly! Thanks again for the review!

Ease of use

Aug 02, 2018
4/5
Overall

5 / 5
Ease of Use

4 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 8.0/10 Not
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Pros: Very easy to load documents and keep projects organized so everyone can review

Cons: changing and updating status could use some tweaking.

Overall: Overall the program is quite beneficial.

Vendor Response

by DealRoom, a Day1 Company on August 06, 2018

Thanks John! Glad uploading documents was easy and you found the platform beneficial. We are always looking on ways to improve the functionality so your feedback is very helpful. Thanks again!

Investment Banking Analyst

Aug 02, 2018
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
Likely
Extremely
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Pros: Ease of use - better than any other VDR I have used due to project management capability

Cons: NA - I truly am impressed by this VDR platform

Overall: Love it - go to VDR

Vendor Response

by DealRoom, a Day1 Company on August 06, 2018

Thanks Hunter! Glad you found the project management capability helpful and great to hear it's your go to. Always feel free to get in touch with our team if you need anything and appreciate the feedback!

Good

Dec 14, 2018
5/5
Overall

5 / 5
Ease of Use

3 / 5
Features & Functionality
Likelihood to Recommend: 8.0/10 Not
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Pros: Nice user interface, Easy to log in and navigate among all folders

Cons: Not able to easily filter by date and add more emails for the notification

Vendor Response

by DealRoom, a Day1 Company on December 27, 2018

Thanks for the review Laura! Glad to hear the interface was easy to navigate. Our filter by date is under the recent files tab and appreciate the feedback on that! Hope to work with you on another project soon

DealRoom - M&A Review

Dec 18, 2018
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support
Likelihood to Recommend: 10.0/10 Not
Likely
Extremely
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Pros: Extremely easy to upload and organize files, delegate grants of authority and monitor access.

Cons: I did not have any negative experiences.

Overall: For due diligence data colection, DealRoom is an excellent platform.

Vendor Response

by DealRoom, a Day1 Company on December 28, 2018

Thanks for the review David! Glad to hear you had a positive experience with the platform! Appreciate the great feedback!

Easy to Use, and Great Value

Dec 14, 2018
5/5
Overall

4 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
Likely
Extremely
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Pros: Very easy to use - our data vault was up and running quickly. The counterparties find it easy to use, too. And the pricing is reasonable.

Cons: Need more FAQs or directions for use so that we don't need to contact customer support so much during the set-up. It is just a matter of needing a roadmap to using some of the features.

Overall: Very satisfied with how quickly we were able to set up a data room for our transactions. It has the functionality we need for the M&A deals that we do.

Vendor Response

by DealRoom, a Day1 Company on December 28, 2018

Thanks for the review Warren! Glad to hear you and your counterparties have had a good experience. More FAQ's and training guides/videos is something we are working on for 2019, appreciate that feedback. Thanks again for the nice comments!

Great Project Management Resource Tool

Dec 14, 2018
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 9.0/10 Not
Likely
Extremely
Likely

Pros: Ease of navigation; ability to assign tasks to individuals; combination of data room with project management

Cons: It would be helpful if you could hover your mouse over the "reply" icon and view the message instead of having to click

Vendor Response

by DealRoom, a Day1 Company on December 27, 2018

Thanks for the review! Great to hear the combination of data room and project management would be useful for you, our main goal is to provide a tool to create efficiency in M&A. Let us know if you have a live project to try using the platform on! Thanks again

Need a search function

Dec 27, 2018
4/5
Overall

4 / 5
Ease of Use

5 / 5
Features & Functionality

4 / 5
Customer Support
Likelihood to Recommend: 7.0/10 Not
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Pros: It easy to use and has a very good user interface.

Cons: The search function needs to be improved. It's hard to navigate to the file I want sometimes.

Vendor Response

by DealRoom, a Day1 Company on December 28, 2018

Thanks for the review Chris! Glad the interface was easy to use and you had a positive experience. Appreciate the feedback on the search functionality. Thanks again!

DealRoom is most intuitive data room I've used thus far and customer support has been great.

Apr 17, 2018
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money

Pros: This software is easy to use and very intuitive. We've had several clients comment about how simple the experience has been so far.

Cons: There are no real cons about this product thus far. I have not had any issues using DealRoom since I became a customer.

Deal Room

Dec 27, 2018
4/5
Overall

3 / 5
Ease of Use

3 / 5
Features & Functionality
Likelihood to Recommend: 5.0/10 Not
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Extremely
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Pros: Easy indexing

easy to navigate tree

clear TOC

Cons: difficult to download

Q&A had too many approval steps

Overall: Served as a buy side consultant

Vendor Response

by DealRoom, a Day1 Company on December 28, 2018

Thanks for the review! Glad the platform was easy to index and navigate. We have requests you can download, not necessarily Q&A, but happy to have someone on our team go over it with you! Thanks again!

User Friendly.

Dec 14, 2018
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 8.0/10 Not
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Pros: It is very intuitive and user friendly.

Cons: There is really nothing that I can think of at this time.

Vendor Response

by DealRoom, a Day1 Company on December 27, 2018

Thanks for the feedback Rachel! Glad to hear our platform has been easy to use, let us know if there's anything else we can do to help with the best experience!

Review

Jul 27, 2018
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
Likely
Extremely
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Pros: Easy to use and understand. I like the index download function

Cons: Customer service could be a little better

Vendor Response

by DealRoom, a Day1 Company on July 31, 2018

Thanks for the feedback Jake! Apologies our customer service wasn't as good as it could be. If you had any suggestions on how we could improve feel free to get in touch. Thanks again!

Great tool!

Nov 12, 2018
4/5
Overall

3 / 5
Ease of Use

3 / 5
Features & Functionality

5 / 5
Customer Support

4 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
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Extremely
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Pros: User experience is simple.

Easy to navigate the various tabs.

Extremely responsive customer support.

Open for Customization.

Cons: A few enhancements like a click down feature from the Analytics dashboard

Vendor Response

by DealRoom, a Day1 Company on December 11, 2018

Thanks for the review Ravi and using the free trial! Glad you found the interface simple and easy to use. If you wanted a more in depth walkthrough with one of our sales reps feel free to get in touch!

DealRoom Trial Period

Dec 14, 2018
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support
Likelihood to Recommend: 9.0/10 Not
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Pros: Ease of use, advanced permissioning for different groups, lightweight interface, ability to export indices of folders

Cons: So far, I do not have any complaints. I have used the software during the trial period.

Vendor Response

by DealRoom, a Day1 Company on December 27, 2018

Thanks for the feedback Ari! Glad you were happy with all the functionality on your trial. If you wanted to use the platform on a live project feel free to get in touch directly! Thanks again!

Fantastic Agile M&A platform

Sep 06, 2018
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
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Extremely
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Pros: DealRoom has fantastic and unique features It is possible to upload the Request Lists and link related documents.

Cons: I think new features, like investors and targets contact logs, would be great.

Overall: The platform offer a very good user experience and enable the administrator to anticipate potential challenges in the process.

M&A advisers can clearly benefit from DealRoom Agile M&A.

DealRoom also has a very good cost/benefit and flexible pricing structure.

Vendor Response

by DealRoom, a Day1 Company on November 06, 2018

Glad to hear using requests and linking documents has helped save time in your process. The agile M&A techniques are great to use in conjuction with the software. Thanks for the positive feedback!

Associate

Dec 14, 2018
4/5
Overall

4 / 5
Ease of Use

4 / 5
Features & Functionality
Likelihood to Recommend: 7.0/10 Not
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Pros: Easy to use and understand. My largest concern when using a data room is availability to download files and interact throughout documents. This lets me focus my time on the analysis.

Cons: There isn't as much functionality to the software. Other providers you are able to pull statistics on what parties' general activity is.

Vendor Response

by DealRoom, a Day1 Company on December 27, 2018

Thanks for the review Matt! Glad to hear the platform was easy to interact with. Our analytics tab allows for breakdown of activity by groups and members as well as per document if that's what you were looking for. Feel free to get in touch if you have any questions! Thank you!

Easy to Use

Dec 14, 2018
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality
Likelihood to Recommend: 9.0/10 Not
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Pros: The data room is easy to organize and has a great search feature.

Cons: I did not have any complaints about the software.

Overall: I've used many data rooms from many providers over the last few years, and the two most important features to me are whether the data room has an effective search feature and whether items are indexed for easy cross-reference. DealRoom delivers both a functional search option that returns relevant results and common-sense indexing.

Vendor Response

by DealRoom, a Day1 Company on December 27, 2018

Thanks for the positive feedback Amanda! Glad the search ability and indexing worked well for you. Appreciate you taking time to leave us a review, it's extremely helpful. Thanks again!

Great Service

Dec 18, 2018
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality
Likelihood to Recommend: 9.0/10 Not
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Pros: Ease of use and industry moving capabilities of platform differentiates this site from other data room providers.

Cons: Learning curve since this platform does not necessarily function like other mainstream data rooms.

Vendor Response

by DealRoom, a Day1 Company on December 28, 2018

Thank you for the review! Glad the platform as differentiators from other providers. If you wanted to use the platform on a live project feel free to get in touch with us!

Overall one of the better deal rooms I've used. The design is good, but lacks some funciontality.

Apr 17, 2018
4/5
Overall

3 / 5
Ease of Use

4 / 5
Features & Functionality

5 / 5
Customer Support

4 / 5
Value for Money
Likelihood to Recommend: 7.0/10 Not
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Pros: Design is clean and UI isn't clunky. It is appealing to the client and not difficult for the business end to use.

Cons: It lacks some functionality from the admin end. I would like to be able to manipulate the settings a little more, move documents around easier and have more control over indexing options.

Overall: The deal worked and went through, is overall it was necessary!

DealRoom Review

Aug 13, 2018
5/5
Overall

4 / 5
Ease of Use

4 / 5
Features & Functionality

4 / 5
Value for Money
Likelihood to Recommend: 8.0/10 Not
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Pros: The software is easy to use, especially in its ability to upload and download new documents and provide new users access.

Cons: The software can be a little rigid in terms of structuring your platform for your documents.

Overall: The overall experience has been very positive for what we use it for. We are able to smoothly work with partners around the City and country in real time.

Vendor Response

by DealRoom, a Day1 Company on November 06, 2018

Thanks for the feedback Greg and glad the software has been easy to use! Our goal is to help work better and more efficiently in real time so glad to hear you've had a positive experience! Thanks again!

Ease of use

Dec 18, 2018
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 8.0/10 Not
Likely
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Pros: Highly functional interface jn my opinion

Cons: the functionality was high so no real issues. Perhaps these surveys are a negative.

Overall: It was highly functional

Vendor Response

by DealRoom, a Day1 Company on December 28, 2018

Thanks for the review John! Happy to hear your trial went well and appreciate the high marks. If you wanted to use us for a live project feel free to get in touch with our team directly sales@dealroom.net Thanks for taking time to leave feedback!

I would considering using DealRoom, if prices are competitive.

Dec 14, 2018
4/5
Overall

4 / 5
Ease of Use

4 / 5
Features & Functionality
Likelihood to Recommend: 6.0/10 Not
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Pros: Ease of access when navigating through the dataroom.

Cons: Sometimes when I tried downloading the full dataroom, the names of folders and documents were longer than what Windows permitted, and thus wasn't able to save these documents.

Vendor Response

by DealRoom, a Day1 Company on December 27, 2018

Thanks for the review Emile! Glad to hear the platform was easy to navigate. Unfortunately downloading documents that Windows doesn't permit is a Windows end functionality limitation. Our support team is always happy to help rename files when you're ready for downloading. Thanks!

Capterra loader

Fresh approach to stale VDR platforms

Aug 02, 2018
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
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Extremely
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Pros: As strictly an end-user, I appreciate certain features, such as bulk download, sort by recent upload, and the ability to customize notifications.

Cons: I wish that there were additional folders that held "New," "New Since," and "Unread" documents.

Vendor Response

by DealRoom, a Day1 Company on August 06, 2018

Thanks Jennifer, your review title is great! Glad you've had a good experience. Your feedback on the filters for recently added files is greatly appreciated as we are always looking for ways to make the user's life easier. Thanks again and let us know if there's anything we can help with!

Capterra loader

Excellent tool

Dec 14, 2018
5/5
Overall

5 / 5
Ease of Use

4 / 5
Features & Functionality

4 / 5
Customer Support

3 / 5
Value for Money
Likelihood to Recommend: 8.0/10 Not
Likely
Extremely
Likely

Pros: saving time. technology helps put decisions into action

Cons: bit expensive. been trying to create something proprietary

Overall: so far so good!

Vendor Response

by DealRoom, a Day1 Company on December 27, 2018

Thanks for the review Dan! Glad to hear everything is going well so far and glad the platform is helping you save time. Let us know if we can do anything else to help!

Good Job

Dec 18, 2018
5/5
Overall

4 / 5
Ease of Use

4 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 8.0/10 Not
Likely
Extremely
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Pros: Ease of access to Information

Having all the info in one place

Cons: logging in process takes too long.

not intuitive

Vendor Response

by DealRoom, a Day1 Company on December 28, 2018

Thanks for the feedback Contessa! Happy to hear you had a good experience using the platform and appreciate the high marks! Thanks again for taking time to leave a review

Great Program

Aug 27, 2018
5/5
Overall

5 / 5
Ease of Use

4 / 5
Features & Functionality
Likelihood to Recommend: 8.0/10 Not
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Pros: The usability as well as the layout was very helpful

Cons: Sometimes had trouble downloading with certain restraints

Overall: Great- would recommend

Vendor Response

by DealRoom, a Day1 Company on November 06, 2018

Thanks for the review Michael and happy to hear the interface was easy to use. Appreciate the the recommendation and feedback thank you!

Good product

Jul 27, 2018
4/5
Overall

4 / 5
Ease of Use

4 / 5
Features & Functionality
Likelihood to Recommend: 9.0/10 Not
Likely
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Pros: Easability and organization is really nice

Cons: Sometimes it has issues with downloading and saving data

Vendor Response

by DealRoom, a Day1 Company on July 31, 2018

Appreciate the feedback Michael! If you're having any trouble downloading feel free to contact us at support@dealroom.net and happy to help make this better for you. Thanks!

In Line with peer Companies

Dec 18, 2018
4/5
Overall

5 / 5
Ease of Use

3 / 5
Features & Functionality
Likelihood to Recommend: 7.0/10 Not
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Pros: Intuitive to use, easy to search for documents.

Cons: No major issues! Seems like the speed of the site is good and easy to download. Would be nice to see what items you have already downloaded though.

Overall: Easy to use in compared to other datarooms out there.

Vendor Response

by DealRoom, a Day1 Company on December 28, 2018

Thanks for the review! Happy to hear the interface was user friendly and easy to use compared to other vendors! Appreciate you taking time to leave feedback for us, thanks!

Dealroom Review

Dec 18, 2018
5/5
Overall

5 / 5
Ease of Use

4 / 5
Features & Functionality

5 / 5
Customer Support
Likelihood to Recommend: 10.0/10 Not
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Pros: The ability for buyers and sellers to have access to the software, as well as pertinent team members across the organization.

Cons: The expense. Overall, i do not have any complaints.

Overall: Experience has been great, easy to access, easy to upload and download.

Vendor Response

by DealRoom, a Day1 Company on December 28, 2018

Thanks for the feedback Jennifer! Great to hear you've had a positive experience and the platform has helped your organization. Thanks for taking time for a review!

Deal Room Review

Dec 14, 2018
5/5
Overall

4 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Value for Money
Likelihood to Recommend: 8.0/10 Not
Likely
Extremely
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Pros: Very user friendly and easy to use for someone with minor EXP.

Cons: sometimes can be hard to navigate and confusing

Vendor Response

by DealRoom, a Day1 Company on December 27, 2018

Thanks for the review Dan! Appreciate the feedback and glad to hear the platform has been user friendly. Thanks again!

Smooth and easy to use dataroom.

Apr 17, 2018
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
Likely
Extremely
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Pros: Ease of use, DealRoom is simple and straightforward to upload and manage files. Working with company, investment bank, and my team is as expected.

Cons: Nothing in particular. If it was cheaper that would be nice? Also, sales reps/account execs should reach out to buy-side teams as well as junior bankers!

Overall: Currently working on our deal, so the ideal benefit would be to successfully close!

Efficient Review of Diligence Requests

Dec 14, 2018
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality
Likelihood to Recommend: 10.0/10 Not
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Pros: The function of including the diligence requests in the data room, with links to the responsive documents. It has made review of our diligence requests much more efficient.

Cons: It takes a bit too much time to open files on my computer.

Vendor Response

by DealRoom, a Day1 Company on December 28, 2018

Thanks for the nice review Scott! Glad using requests for diligence made your process more efficient, that's our main goal! Appreciate your feedback

Capterra loader

Request are a game-changer

Oct 31, 2018
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
Likely
Extremely
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Pros: 1. Intuitive platform

2. Time Saving features (Requests, customer representatives)

3. Flat rate pricing

Cons: Nothing of consequence at this time. Very easy to use

Vendor Response

by DealRoom, a Day1 Company on November 06, 2018

Thanks so much for the feedback Alex! Glad using requests has made a difference for you and you've been happy with our reps. If there's anything else we can help you with feel free to get in touch directly!

DealRoom review

Jul 27, 2018
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 9.0/10 Not
Likely
Extremely
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Pros: Ability for bulk download is good. The interface is very easy and user-friendly.

Cons: Nothing really. I think overall, the software is good and easy to use.

Overall: Very easy to use, intuitive.

Vendor Response

by DealRoom, a Day1 Company on July 31, 2018

Thanks Nick! Appreciate you taking time for a review and for the positive feedback on the interface. Glad you had a great experience and let us know if there's anything else we can help with!

DealRoom Review

Dec 18, 2018
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality
Likelihood to Recommend: 10.0/10 Not
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Extremely
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Pros: It is laid out well - very easy to use, intuitive.

Cons: Didn't really come across anything negative.

Overall: I was able to review documents quickly and the update notification was terrific. Not wasting time going back in to see "what's new."

Vendor Response

by DealRoom, a Day1 Company on December 28, 2018

Appreciate the feedback and glad to hear you had a great experience! Appreciate the high recommendation and thanks for taking time to give us a review!

Easy to use and intuitive

Apr 17, 2018
5/5
Overall

5 / 5
Ease of Use

4 / 5
Features & Functionality

5 / 5
Customer Support

4 / 5
Value for Money
Likelihood to Recommend: 9.0/10 Not
Likely
Extremely
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Pros: What I liked most was the ease of use and the system's intuitiveness. Another great feature is the search functionality, which allows user to retrieve documents which are relevant to a particular topic.

Cons: There was really nothing that comes to mind. Software was overall a great tool in terms of dataroom environment.

The software was not intuitive but it got the job done.

Apr 17, 2018
3/5
Overall

3 / 5
Ease of Use

3 / 5
Features & Functionality

2 / 5
Customer Support

2 / 5
Value for Money
Likelihood to Recommend: 5.0/10 Not
Likely
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Pros: Sign up and access control worked well. Very few issues with system compatibility. I didn't hear about any other issues.

Cons: Hard to find things. The drill down features didn't always take me where I expected. There seemed to be limited configuration on email preferences.

Once you learn how to use it, the software is incredibly effective and has saved me hours of time

Dec 29, 2017
5/5
Overall

5 / 5
Ease of Use

4 / 5
Features & Functionality

5 / 5
Customer Support

4 / 5
Value for Money
Likelihood to Recommend: 9.0/10 Not
Likely
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Pros: The software allows me to quickly upload documents and the to-do list tool allows for excellent coordination between our client and the buy-side group

Cons: I think that the software does not have any obvious flaws, but if I had to pick one, it would be that there needs to be better instructional videos that help new users easily learn the software

Reviw of Deal Room

Dec 18, 2018
3/5
Overall

4 / 5
Ease of Use

3 / 5
Features & Functionality

5 / 5
Value for Money
Likelihood to Recommend: 6.0/10 Not
Likely
Extremely
Likely

Pros: Easy to use and create folders and upload documents

Cons: Bulk download option can be complicated to use and hard to customize without selecting top folder.

Vendor Response

by DealRoom, a Day1 Company on December 28, 2018

Thanks for the review Christopher! Glad to hear you had a positive experience. Thanks again!

DealRoom Review

Dec 27, 2018
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support
Likelihood to Recommend: 9.0/10 Not
Likely
Extremely
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Pros: Software is very user-friendly and comparable with others that I have used.

Cons: This software is comparable to other that I have used. No cons from my perspective.

Overall: Program is very user-friendly. I would recommend this product.

Vendor Response

by DealRoom, a Day1 Company on December 28, 2018

Thanks for the review! Glad to hear you had a good experience and the interface was user friendly. Appreciate the recommendation as well!

Review ABG

Dec 14, 2018
3/5
Overall

3 / 5
Ease of Use

3 / 5
Features & Functionality

3 / 5
Customer Support

3 / 5
Value for Money
Likelihood to Recommend: 5.0/10 Not
Likely
Extremely
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Pros: Basic functionality is pretty good; straightforward structure

Cons: Hard to navigate new docs; notifications not great

Vendor Response

by DealRoom, a Day1 Company on December 27, 2018

Thanks Anders! Glad you found interface easy to navigate and appreciate the feedback on navigating new documents, that has been passed on to our development team. Thanks again!

Review of Deal Room

Dec 14, 2018
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

3 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
Likely
Extremely
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Pros: It is very user friendly. Easy to download. I do not have experience uploading so I can't speak to that.

Cons: No cons. Everything as been really easy to use and no issues.

Overall: My overall experience has been positive.

Vendor Response

by DealRoom, a Day1 Company on December 27, 2018

Thanks for the feedback Patricia! Great to hear you've had a positive experience with us. Appreciate you taking the time to leave a review!

Does its job

Jul 30, 2018
4/5
Overall

4 / 5
Ease of Use

4 / 5
Features & Functionality

3 / 5
Value for Money
Likelihood to Recommend: 7.0/10 Not
Likely
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Pros: DealRoom is intuitive to use and easy to set up.

Cons: No particular functionality that stands out from other similar offerings.

Vendor Response

by DealRoom, a Day1 Company on August 02, 2018

Appreciate the feedback Kevin! Happy the interface was easy to use. Not sure if you were using our requests tab at all but that's one thing that sets us apart from other VDR's. Thanks again and let us know if there's anything we can help you with!

New to this platform

Dec 18, 2018
5/5
Overall

5 / 5
Ease of Use

4 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 9.0/10 Not
Likely
Extremely
Likely

Pros: DealRoom is easy to navigate and has a solid user interface.

Cons: File type restrictions on uploading / mninor research needed to solve.

Overall: Great so far, love the organixzation and UX.

Vendor Response

by DealRoom, a Day1 Company on December 28, 2018

Thanks for the review! Happy to hear you've had a good experience so far and the interface is intuitive for you. Thanks again!

Great platform to share files

Jul 30, 2018
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality
Likelihood to Recommend: 10.0/10 Not
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Pros: Ease of use. Very easy to navigate and upload files. Like being able to leave notes about a file.

Cons: Nothing as of yet. Simple to use and user friendly.

Vendor Response

by DealRoom, a Day1 Company on July 31, 2018

Thanks for the feedback! Glad you've had a good experience so far and let us know if there's anything else we can help you with. Thanks again!

Capterra loader

Platform

Dec 17, 2018
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality
Likelihood to Recommend: 10.0/10 Not
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Pros: The "recent files" section, which enables you to see the things that are being uploaded at the moment

Cons: Having a hard time with the preview of documents

Vendor Response

by DealRoom, a Day1 Company on December 28, 2018

Appreciate the high recommendation and nice review Daniel! Glad to hear the recent files tab was helpful in your process. Thanks again!

It was easy to use, as someone who was invited to the dealroom.

Apr 17, 2018
4/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

Pros: Functionality and simplicity. The ability to do bulk downloads, quickly, is paramount as a user of DealRoom.

Cons: As only a user, I would like to have additional experience with the functionality, and this would hopefully provide the same functionality as companies like IntraLinks, at a fraction of the cost.

User Friendly, and well organized

Apr 17, 2018
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 7.0/10 Not
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Pros: Organized great, easy to navigate and use. My clients enjoy using this for due diligence. It houses a lot of data

Cons: Take's a long time to download, multiple update e-mails per day and would prefer a summarized e-mail at least by folder.

Overall: sharing of data and storage.

Data room with great value!

Dec 14, 2018
4/5
Overall

4 / 5
Ease of Use

3 / 5
Features & Functionality

5 / 5
Customer Support

4 / 5
Value for Money
Likelihood to Recommend: 7.0/10 Not
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Pros: -inexpensive

-relatively easy to navigate

-great customer support

Cons: -not easy to download files

-average UX

-lesser known brand name

Overall: Good job!

Vendor Response

by DealRoom, a Day1 Company on December 27, 2018

Thanks for the review Blake! Glad to hear our customer support was helpful and appreciate the good job comment! Let us know if you have any question or other concerns. Thanks again!

Set up by investment bank firm - very easy to use.

Apr 17, 2018
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 9.0/10 Not
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Pros: The clarity around the website - and how items are uploaded. Visually very nice! Able use the product without any formal training.

Cons: No complaints. I wish I had known about this product when in previous companies as I would have used it then!

Standard data site.

Apr 17, 2018
4/5
Overall

5 / 5
Ease of Use

4 / 5
Features & Functionality
Likelihood to Recommend: 8.0/10 Not
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Pros: Functionality was good. Customer service offering seems responsive, though admittedly I didn't use the service.

Cons: Not much to dislike. I think data rooms can always work on their aesthetic. Ability to download in bulk is important, so make sure functionality is as seamless as possible.

User Friendly Platform

Dec 14, 2018
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality
Likelihood to Recommend: 9.0/10 Not
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Pros: I think the software is easy to navigate through different features and functions. The platform/website is clearly laid out.

Cons: Sometime, the websit is loading slowly when I switch between folders

Vendor Response

by DealRoom, a Day1 Company on December 28, 2018

Thanks for the feedback Allen! Happy to hear the platform was user friendly. Appreciate the review!

Very powerful and easy to use!

Apr 17, 2018
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
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Pros: Simplicity is always the best thing a product can achieve- despite all it does for you- this product is easy to use.

Cons: I wish everyone used it!!! Wouldn't that be awesome! I guess that is what I like the least- so maybe this review will help!

Good Deal Room Software but pricey

Apr 17, 2018
4/5
Overall

4 / 5
Ease of Use

4 / 5
Features & Functionality

4 / 5
Customer Support

4 / 5
Value for Money

Pros: Its easy to use and set up and assign various teams for. Good analytics also based on usage from various users / teams

Cons: It was PRICEY ! - I would use it more if it wasn't this pricey. The user interface could also use an update..

Dealroom Rox

Dec 14, 2018
4/5
Overall

4 / 5
Ease of Use

5 / 5
Features & Functionality
Likelihood to Recommend: 8.0/10 Not
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Pros: Intuitive, user-friendly, relatively fast.

Cons: Scrolling down the sides for documents can be annoying and the list often moves around when closing a folder.

Vendor Response

by DealRoom, a Day1 Company on December 28, 2018

Thanks for the nice review Nolan! Happy to hear the platform was user friendly. Appreciate the feedback!

great product

Dec 18, 2018
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 9.0/10 Not
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Pros: This is a very easy to use product, with tremendous features.

Cons: Nothing. as I like it very much. It is very easy to use.

Vendor Response

by DealRoom, a Day1 Company on December 28, 2018

Thanks for the nice review Matthew! Glad to hear you liked the features and the interface was easy to use. Appreciate the high recommendation!

Straightforward, Easy

Dec 14, 2018
5/5
Overall

5 / 5
Ease of Use

4 / 5
Features & Functionality
Likelihood to Recommend: 8.0/10 Not
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Pros: It does it should without much frustration.

Cons: There's nothing specific to dislike. It makes due diligence about as painless as it can be.

Vendor Response

by DealRoom, a Day1 Company on December 27, 2018

Thanks for the review! Glad to hear your experience using the platform was positive! Appreciate the feedback. Thanks again!

Deal Room

Dec 14, 2018
4/5
Overall

4 / 5
Ease of Use

3 / 5
Features & Functionality
Likelihood to Recommend: 7.0/10 Not
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Pros: Easy to use, clean visuals with minimal issues.

Cons: Mass Downloads, seemed tougher than other deal rooms.

Vendor Response

by DealRoom, a Day1 Company on December 28, 2018

Thanks for the review Neville! Glad the platform was easy to use and there were minimal issues. Most users use the bulk download button for mass downloads but appreciate your feedback on that. Thanks again!

Fair and reasonable

Apr 17, 2018
4/5
Overall

4 / 5
Ease of Use

4 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 8.0/10 Not
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Pros: The user interface was terrific and easy to use. I appreciated how it was easy to download files in the respective folders.

Cons: I wish that I could have automatically gotten updates of files that have been uploaded to the data room.

Good Data Room Provider

Jul 27, 2018
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 9.0/10 Not
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Pros: Ease of use, ability to quickly access newly uploaded files and conduct bulk downloads

Cons: I did not have any issues with using this software

Vendor Response

by DealRoom, a Day1 Company on July 31, 2018

Thanks for the feedback! Appreciate you taking time and let us know if there's anything else we can help with

Review

Dec 14, 2018
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
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Pros: Ease of use and ability to navigate and interface

Cons: The way the user permissions are set up, requires too much manual input

Vendor Response

by DealRoom, a Day1 Company on December 28, 2018

Thanks for the feedback Pranav! Glad the platform was easy to use and appreciate the high recommendation, thanks again!

So So

Jul 30, 2018
4/5
Overall

3 / 5
Ease of Use

3 / 5
Features & Functionality
Likelihood to Recommend: 5.0/10 Not
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Pros: Received documents from business transaction.

Cons: Difficulty downloading documents, missing.

Overall: Fair

Vendor Response

by DealRoom, a Day1 Company on July 31, 2018

Thanks for the feedback! If you are having trouble downloading feel free to contact us at support@dealrom.net and we would be happy to look into it further!

Review

Dec 14, 2018
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality
Likelihood to Recommend: 8.0/10 Not
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Pros: It searches full text, and that is key for me.

Cons: Search function could be improved slightly.

Vendor Response

by DealRoom, a Day1 Company on December 28, 2018

Thanks for the review Butler! Glad the in document search function worked well for you. Appreciate the feedback!

Deal Room review

Dec 14, 2018
3/5
Overall

3 / 5
Ease of Use

3 / 5
Features & Functionality

3 / 5
Customer Support

3 / 5
Value for Money
Likelihood to Recommend: 7.0/10 Not
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Pros: Easy access to documents and navigation is east

Cons: Sometimes, it's laggy. I wish some folders/docs were quicker and consistent

Overall: Good overall experience

Vendor Response

by DealRoom, a Day1 Company on December 27, 2018

Thanks for the review Shayan! Glad to hear the platform was easy to navigate. If you're having any issues always feel free to reach out directly to our support at support@dealroom.net. Appreciate your feedback!

Good UI/UX. Not overly complicated

Apr 23, 2018
4/5
Overall

4 / 5
Ease of Use

3 / 5
Features & Functionality

3 / 5
Customer Support

3 / 5
Value for Money

Pros: Simple to use without needing a walkthrough. Good features & functionality if you need them. Was easy to download documents without making the process too cumbersome. Did not need to download additional software which was great.

Cons: Haven't had any negative experiences to date. I never heard of Dealroom previously, but seems to work well

Vendor Response

by DealRoom, a Day1 Company on July 31, 2018

Thanks for the feedback! Great to hear you were happy with the interface and were able to easily download! Thanks again

First time user

Aug 01, 2018
3/5
Overall

3 / 5
Ease of Use

3 / 5
Features & Functionality

3 / 5
Customer Support
Likelihood to Recommend: 7.0/10 Not
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Pros: Easy to use once in the system, very intuitive.

Cons: I go locked out quickly. Downloading PDFs was slow.

Vendor Response

by DealRoom, a Day1 Company on August 02, 2018

Thanks for your feedback and our goal is to have a simple intuitie interface so glad you found it easy to use! We are optimized for Google Chrome. If you are able to use that browser it may help with the download speed. Appreciate the time you took for a review, thank you!

Excellent communication between their team and ours

Apr 17, 2018
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

2 / 5
Value for Money

Pros: It was thoughtfully designed. All challenges capital exchanges typically experience was addressed and accounted for.

Cons: The price is prohibitive for daily operations and ongoing use for smaller companies that service and source capital for smaller transactions. If there were a monthly subscription fee or a tiered pricing structure for varying degrees of time and features then this might be more feasible.