DealRoom review
Best for: Managing the whole deal process
DealRoom, based in the US, is a bit different from the others on this list: it is built to manage the whole deal process, not just hold documents. It adds project-management style tools so a team can track tasks and timelines alongside the actual files. Like most of this list it is quote-only, but it does offer a free trial.
DealRoom, founded in 2012 and based in United States, is one of 11 providers we track on this site. It includes 5 of the 6 core deal tools we check for every company, and holds SOC 2 and ISO 27001. No single criterion stands clearly above the field average for DealRoom.
Good fit for: A corporate development team that wants to manage the whole deal, tasks and all, not just share files.
Quick facts
The basics
What's good, and what's missing
What's good
- Built-in project tools, not just file storage
- Free trial available
- Good for teams that want to track tasks alongside documents
- Holds both SOC 2 and ISO 27001 certification
What's missing
- No redaction built in
- No AI tools, single sign-on or API listed
- You have to call for a price
How DealRoom handles security
DealRoom holds both SOC 2 and ISO 27001 certification and lists 2-step verification, but does not list in-app redaction, so removing sensitive passages from a document still needs to happen before it goes into the room.
AI and technology
DealRoom does not list AI tools, single sign-on, a developer API, e-signing or a mobile app at the time of writing; its differentiator is the project-management layer on top of the document room, not AI or integration depth.
Full feature list, against how common each one is
Where DealRoom sits on each feature we track
Bar length is how many of the 11 providers we track list that feature; the highlighted rows are the ones DealRoom itself has.
| Feature | Included |
|---|---|
| Q&A workflow (core deal tool) | Yes |
| Activity log (core deal tool) | Yes |
| Viewer watermarks (core deal tool) | Yes |
| In-app redaction (core deal tool) | Not listed |
| Built-in e-signing | Not listed |
| iOS or Android app | Not listed |
| Developer API | Not listed |
| SSO sign-in | Not listed |
| 2-step verification | Yes |
| Bulk import (core deal tool) | Yes |
| File-level access rights (core deal tool) | Yes |
| AI assistance | Not listed |
How DealRoom scored
DealRoom vs. the average of all 11
Darker bars beat the average of all 11 on that measure. Full weights on our scoring page.
Who DealRoom suits, and who should look elsewhere
Generated from the scores and feature records above, the same tests applied to every provider on this site. Use it as a quick filter, then confirm anything that matters with the vendor directly.
A good match if…
- Teams that would rather negotiate a scoped contract than pick from a self-serve plan.
- Teams that want to build a test room and invite a colleague before committing (Free trial available).
Look elsewhere if…
- Your process needs In-app redaction. DealRoom does not list it in our records; 6 of 11 providers we track do. See Datasite.
- You need a published number for internal approval before a call. DealRoom prices on request. See pricing models.
- Buyers who care most about technology: DealRoom scores 1.0/10 here, below our 11-provider average of 3.5.
What will it cost you?
Pick a deal size and a term length to see a real number for DealRoom, estimated from the typical range for quote-only pricing at this size.
Estimate the cost of a room with DealRoom
DealRoom $4,500–$13,500 Flat and per-user prices come from each provider's published plan; quote-only providers use our labelled market bands, never an invented number. Estimates are indicative.
A few other options like DealRoom
Picked by shared tags and a close score, not just an alphabetical list.
Responsive support during a live deal. SmartRoom, founded in 2004, is used a lot for M&A and real estate deals in the US.
Mid-market M&A, easy to learn. Firmex, a Canadian company founded in 2006, is popular with mid-size companies and the law firms and accountants who work with them.
Capital markets, big companies. Intralinks has been in this business since 1996, making it one of the oldest names here.
Frequently asked questions
Does DealRoom have a free trial?
Free trial available.
What does DealRoom cost?
Quote on request. Prices are estimates; check the company's own website for the current number.
Does DealRoom have outside security certification?
DealRoom holds SOC 2 and ISO 27001.
Who is DealRoom best for?
A corporate development team that wants to manage the whole deal, tasks and all, not just share files.
Does DealRoom have a built-in Q&A workflow?
Yes, DealRoom lists a built-in Q&A workflow in its documentation.
How does DealRoom compare to the top-scoring option?
DealRoom scores 6.8/10 against Ellty at 8.5/10 on our formula. See the comparison pages for a direct, criterion-by-criterion look if one exists for this pair.