DealRoom review
Deal room plus project management for corporate development teams.
Key facts
- Software type
- Virtual data room
- Company
- Founded 2012, based in United States
- Hosting model
- Cloud
- Pricing model
- Quote per project
- Starting price
- Quote on request
- Try before buying
- Free trial available
- Security reports
- SOC 2, ISO 27001
- Features listed
- 6 of 12 tracked, 5 of 6 deal controls
- Vendor positioning
- M&A, project management, corp dev, collaboration
Overview
DealRoom, founded in 2012 in the United States, combines a data room with deal project management. Its listed features include a Q&A module, audit trail, watermarking, document rights, bulk upload and two-factor login, with SOC 2 and ISO 27001.
It does not list redaction, single sign-on, a public API or AI tools in our facts file. Pricing is by quote with a free trial.
Typical buyer: Corporate development teams that want diligence tracking and project management next to the documents.
How DealRoom scores
A fit score of 7.1 puts DealRoom at rank 14 of 18. It scores above the directory average on deal workflow coverage, security controls, and below it on admin and guest experience, pricing transparency, ai and automation, integrations and it fit. Weights come from the scoring methodology.
DealRoom: score by criterion
Deal workflow
DealRoom lists 5 of the six deal controls we track. A Q&A module is listed, so buyer questions can run inside the room.
- Q&A workflow
- Listed Buyers post questions inside the room; the seller routes, answers and publishes them with a full record. (13 of 18 platforms list it.)
- Activity log
- Listed A log of who opened, downloaded or printed which file and when, exportable for the deal record. (18 of 18 platforms list it.)
- Viewer watermarks
- Listed Each page carries the viewer name, email or time, so a leaked copy points back to its source. (18 of 18 platforms list it.)
- In-app redaction
- Not listed Black out personal data or privileged passages inside the room instead of re-uploading edited files. (7 of 18 platforms list it.)
- File-level access rights
- Listed Per-file control over view, print and download, sometimes with view-only or expiring access. (15 of 18 platforms list it.)
- Bulk import
- Listed Drag whole folder trees into the room with structure and numbering kept. (17 of 18 platforms list it.)
Security and compliance
DealRoom lists SOC 2, ISO 27001. ISO 27001 certification is listed. Security controls score 9.0 against a directory average of 8.6.
- Viewer watermarks
- Listed Each page carries the viewer name, email or time, so a leaked copy points back to its source.
- File-level access rights
- Listed Per-file control over view, print and download, sometimes with view-only or expiring access.
- In-app redaction
- Not listed Black out personal data or privileged passages inside the room instead of re-uploading edited files.
- 2-step verification
- Listed A second login step (code or app) for admins and guests.
Request the current SOC 2 report or ISO certificate under NDA and read the scope and exceptions sections. Data residency and sub-processors are not in our facts file; ask the vendor.
Integrations, mobile and AI
Integrations and IT fit scores 2.0; AI and automation scores 4.5. No AI features are listed for DealRoom in our facts file.
- SSO sign-in
- Not listed Staff log in with company credentials through an identity provider (SAML or OpenID Connect).
- Developer API
- Not listed A documented interface for creating rooms, syncing users and pulling activity into your own systems.
- Built-in e-signing
- Not listed Sign NDAs, consents or closing documents without leaving the platform.
- iOS or Android app
- Not listed A native iOS or Android app, beyond the mobile browser view most rooms offer.
- AI assistance
- Not listed Machine assistance listed by the vendor, such as auto-indexing, summaries, document search or Q&A help.
Pros and cons
Pros
- Project management and collaboration tags.
- SOC 2 and ISO 27001.
- Free trial available.
Cons and gaps to check
- No AI features listed.
- No redaction, SSO or public API listed.
- Quote-only pricing.
Setup and administration
Trial first; teams often start from diligence request templates.
A short checklist for the trial room or the demo call, ideally using a folder of your real files:
- Check how requests link to documents.
- Plan redaction outside the room.
- Get quote terms for multiple concurrent deals.
- Add a coworker to a test guest group and have them report back exactly which folders appear.
- Pull the activity export and look for per-person entries for opening, downloading and printing.
For the full process, see the data room setup guide.
DealRoom pricing
DealRoom prices per project, so the figures below are our market estimates for each room size, not vendor prices. All figures are indicative USD; confirm with the provider.
| Room size | Scope | A month | Six months | Basis |
|---|---|---|---|---|
| Focused room | One counterparty, a few thousand pages, light Q&A | $1,450 | $8,700 | Market estimate |
| Competitive process | Three to ten bidders, structured Q&A, staged access | $3,650 | $21,900 | Market estimate |
| Large or cross-border | Many bidders, heavy Q&A, translation, long term | $8,750 | $52,500 | Market estimate |
DealRoom: six months plus a two-month overrun
Estimate your own room
Compare all 18 platforms in the pricing guide and calculator.
Where DealRoom ranks by solution
Each solution page re-weights the six criteria for one kind of work. Positions out of 18.
DealRoom: score and position on each solution page
DealRoom alternatives
The closest platforms by positioning, type and score.
| Platform | Type | Fit score | Entry | Lists that DealRoom does not | |
|---|---|---|---|---|---|
 SmartRoom | Virtual data room | 7.2 | Quote | In-app redaction | Profile |
 CapLinked | Virtual data room | 7.4 | $299/mo | Developer API | Profile |
 Firmex | Virtual data room | 7.5 | Quote | In-app redaction | Profile |
 Intralinks | Virtual data room | 7.7 | Quote | In-app redaction, SSO sign-in | Profile |
- Firmex vs DealRoom (classic deal room versus deal project management)
Summary. Corporate development teams that want diligence tracking and project management next to the documents.
Visit DealRoomDealRoom: common questions
What makes DealRoom different?
It pairs the data room with deal project management and collaboration, aimed at corporate development teams running several transactions.
How much does DealRoom cost?
DealRoom does not publish a price; it quotes per project. For a competitive process our market band is roughly $1,800 to $5,500 a month, which is an estimate, not a vendor price. Confirm with the provider.
Does DealRoom have AI features?
No AI capability is recorded for DealRoom in our facts file. If AI matters to your process, get the vendor to confirm in writing what exists today.
What security certifications does DealRoom have?
DealRoom lists SOC 2, ISO 27001, and two-factor login is listed as a feature. Request the current report or certificate and read its scope section.
Can DealRoom run a multi-bidder process?
DealRoom lists 5 of the six deal controls we track, including a Q&A module. Not listed: in-app redaction. Check how those would be handled before a competitive process.