DealRoom, a Day1 Company

DealRoom


4.5 / 5
53 reviews

Who Uses This Software?

Investment banking, corporate development, private equity


Average Ratings

53 Reviews

  • 4.5 / 5
    Overall

  • 4.5 / 5
    Ease of Use

  • 4.5 / 5
    Customer Service

Product Details

  • Starting Price
    $1,000.00/month
  • Pricing Details
    We offer a variety of pricing options to suit all of your VDR needs.
  • Free Trial
  • 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 multi-party project management system that reduces work, tracks progress and provides analytics so that you can detect problems before they become issues. DealRoom is 40% faster and up to 50% less expensive than a data room. The deal gets done faster by using one process management tools instead of spreadsheet trackers, emails and a data room. Communication is seamless and centralized within the system, and no external communication is required.


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!

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!

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!

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

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.

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

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!

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.

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

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
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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!

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
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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.

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.

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
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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!

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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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!

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!

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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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!

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
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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!

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
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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!

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
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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
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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!

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
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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.

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
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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

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
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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!

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!

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!

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.

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.

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..

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

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!

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

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.

Positive experience

Apr 17, 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 utilized dealroom to exchange files with a banker in order to conduct research on a particular investment opportunity. DealRoom was easy to use from a UI and document download perspective.

Cons: DealRoom is not as widely known in the marketplace so I have not had as many opportunities to familiarize myself with the product.

Overall: Ease of use.

Convenient

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: The software is very convenient. It helps me keep track of the process we're in with a large amount of buyers.

Cons: I wish that your software for DealRoom would enable users to track buyer interests on a page-by-age analysis.