FirmRoom 2026: Benefits, Features & Pricing

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On this page

Overview
Pricing and Plans
Features
User Reviews

Overview

FirmRoom

4.6

(44)

Pricing

Starting at $695.00 per month

About FirmRoom

FirmRoom is a cloud-based virtual data room designed for efficient document management and storage. The solution helps organizations to manage mergers and acquisitions due diligence through document management and file sharing. Key features include data tracking, data analytics, audit trails, customized notifications, individual and bulk invitations, bulk file upload, and a user activity tracker.

FirmRoom allows users to transform, retrieve and classify documents and folders. Users can upload documents in bulk using drag-and-drop functionality. Users can assign permissions for viewing, printing, and downloading documents, and apply watermarks and two-factor authentication.

Text search is available for individual documents throughout the data room. Users can track buyer activity by analyzing file access metrics. Data is accessible from desktops, mobile phones, or tablets.

FirmRoom offers services on a monthly subscription basis and support is provided via live chat, email, and over the phone.

FirmRoom Screenshots

FirmRoom Pricing and Plans

Starting price: $695.00 per month

Free Trial

Free Version

Standard

$695.00

flat rate, per month

Plan includes:

10GB (~100K Pages)
Unlimited admins
1 Room
Drag and drop capability
Auto indexing
Protected document archiving and deletion
Watermarking
Recent uploads file list
Bulk document downloads
File revision control & updating

Pro

$1,395.00

flat rate, per month

Plan includes:

50GB (~500K Pages)
Unlimited admins
Unlimited users
1 Room
Drag and drop capability
Auto indexing
Watermarking
Recent uploads file list
Individual document page bookmarking
Bulk document downloads

Enterprise

Pricing available upon request

Plan includes:

200GB (~2 mil. Pages)
Unlimited admins
Unlimited users
1 Room
Drag and drop capability
Auto indexing
Watermarking
Recent uploads file list
Individual document page bookmarking
Bulk document downloads

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FirmRoom Features

Popular features found in Document Management
Access Controls/Permissions
Archiving & Retention
Collaboration Tools
Compliance Tracking
Document Classification
Document Editing
Document Generation
Electronic Signature
File Conversion
File Sharing
Third-Party Integrations
Version Control
More features of FirmRoom
Activity Dashboard
Activity Tracking
Alerts/Notifications
API
Audit Trail
Authentication
Bulk Uploading
Commenting/Notes
Customizable Branding
Customizable Templates
Data Import/Export
Data Security
Data Storage Management
Document Management
Document Storage
Drag & Drop
File Management
File Recovery
Full Text Search
HIPAA Compliant
Indexing
Mobile Access
Multi-Factor Authentication
Project Management
Remote Access/Control
Reporting/Analytics
Reporting & Statistics
Search/Filter
Secure Data Storage
Secure File Viewer
SSL Security
Watermarking

FirmRoom User Reviews

Overall Rating

4.6

Ratings Breakdown

66%

27%

Secondary Ratings

Ease of Use

4.6

Value for money

4.5

Customer support

4.6

Functionality

4.5

Have you used FirmRoom and would like to share your experience with others?

Stephen B.

Verified reviewer

Banking

11-50 employees

Used weekly for less than 6 months

Review source

Reviewed July 2019

Great Product - Great People

Firm Room and Deal Room was by far the nicest people to work with and they have a very good product. They took the time to learn how I wanted to use their product - suggested the right one and I have had no issues - it does what they say it does - Noting in beta that is being delayed.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

When looking for a data room - Firm Room and Deal Room was by far the nicest people to work with and they have a very good product. They took the time to learn how I wanted to use their product - suggested the right one and I have had no issues - it does what they say it does - Noting in beta that is being delayed.

Cons:

no a thing - first rate product - great support

Reasons for choosing FirmRoom

nice people, fair pricing, no pressure, quality offering

Vendor Response

Thank you for the review Stephen! Glad to hear you have had a good experience with our software. Thanks again!

Replied July 2019

Marshall S.

Verified reviewer

Oil & Energy

2-10 employees

Used daily for less than 6 months

Review source

Reviewed July 2019

Easy to use!

Our experience was great given our need to hide other VDR participants from viewing each other. This is something that other low cost products such as Dropbox have not been able to provide. Additionally, the analytics helped us track the overall activity and participation from the VDR participants as a way to view potential interest.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

I like the simplicity of the product to use and invite people to the virtual data room. Additionally, the low cost of the FirmRoom product is great for a company like mine that will use it about once per quarter. It is perfect for us as we do not want to pay as much as the other products in the market.

Cons:

Some participants received the invites within their spam/junk email which was fairly annoying. However, after sending a reminder to participants this wasn't a problem. Only one participant mentioned the site was blocked internally by their IT and they were not able to resolve the issue. That issue was likely remote to the one company participant.

Reasons for choosing FirmRoom

We did not want participants to view one another and we wanted to track who was viewing/downloading data.

Reasons for switching to FirmRoom

Participants could view each other and the solution they provided allowed for potential risk to the access of data we were providing.

Vendor Response

Thanks for the feedback Marshall! Happy to hear the software was easy to use! Also appreciate the feedback regarding invites going to spam/junk email, we are always looking to improve the product. Thanks again!

Replied July 2019

Pilar J.

Verified reviewer

Hospital & Health Care

501-1000 employees

Used other for more than 2 years

Review source

Reviewed November 2019

Diligence assistance

using it for due diligence projects and I dread having to search for my materials

Ratings Breakdown

Ease of use

Functionality

Pros:

searching for specific topics is relatively easy

Cons:

organization of projects is dependent upon the administrator and naming conventions are so inconsistent which makes it challenging for an infrequent user to navigate.

Vendor Response

Thank you for your review Pilar! If you have any questions about naming and room organization feel free to reach out to our customer service at any time. Thanks again!

Replied November 2019

Scott G.

Verified reviewer

Insurance

1001-5000 employees

Used weekly for less than 6 months

Review source

Reviewed July 2020

Firmroom Review

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

Pretty good set of features for the price. Easy to add users and content, fairly intuitive for the most part.

Cons:

I think there are a number of features lacking in comparison to a VDR solution like Intralinks, but that is to be expected at this price point. Reporting and analytics could have more features / be easier to use. Little things like adjusting file paths to fit within the max length or at least making it easier to quickly identify and manually update file names that are over the max length. Users had issues trying to download Excel/PPT/Word files when they only had certain permissions (can't remember exactly what it was called, I think download watermarked), however there didn't seem to be anywhere that explained that they wouldn't be allowed to download files if they had those permissions. It seems like an error message or warning should have shown up when the permissions were set.

Reasons for choosing FirmRoom

Price and did not need full feature set of other products for this purpose, as there was only one buyer in the process and the diligence was relatively limited.

Vendor Response

Thank you for the review, Scott! Happy to hear you found the software intuitive. Thanks again!

Replied July 2020

Austin F.

Verified reviewer

Banking

11-50 employees

Used daily for less than 2 years

Review source

Reviewed June 2019

Excellent Product for the Price

Great customer support

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

This software has all of the features that I would expect from a Data Room, plus some. As an admin, it is extremely easy to set up and manage user permissions, whether it is by group or individual. The analytics capabilities are also valuable and easy to use. It is so easy to see who has looked, downloaded, uploaded, etc. documents. Uploading and downloading documents, whether one by one or in batches is so simple. And most of all, this product is very affordable compared to other solutions.

Cons:

My only complaint is not being able to do a bulk download when the watermark feature is turned on and there are PPT or XLS files in a folder. Instead of a generic error or timeout, it would be great to download all of the available files with a warning or notification about the files that will not be included (because they are PPT/XLS).

Vendor Response

Thanks for feedback Austin! Happy to hear setting permissions and using the analytics has been easy and useful for you! Also appreciate the feedback about bulk downloading, we are always looking to improve the product. Thanks again!

Replied June 2019

Jan E.

Verified reviewer

Investment Banking

11-50 employees

Used daily for less than 12 months

Review source

Reviewed June 2019

FirmRoom Review

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

The software is the easiest to use of all the data rooms that I have tried. There is the optimal mix of functionality and usability, which makes it easy for both my clients and me to organize our data. The customer support is very responsive and I have always had my issues resolved.

Cons:

Sometimes the software can be 'clunky', for instance drag and drop with large folder sizes sometimes doesn't work. Also, the platform as a whole is not visually appealing.

Vendor Response

Thanks for the review Jan! Happy to hear the platform is easy for both you and your client to use and that our customer support has responsive :) Appreciate the feedback on the UI as well, thanks!

Replied June 2019

Craig W.

Verified reviewer

Banking

11-50 employees

Used daily for less than 12 months

Review source

Reviewed July 2019

Excellent Data Room

Pricing benefits are superior to other highly expensive data room providers.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

Ease of functionality is top-notch Price point is unbeatable Much better than data rooms that charge thousands for no better features and less functionality

Cons:

Setting up a billing for individual data rooms was difficult, but customer service helped.

Vendor Response

Thank you for the feedback Craig! Happy to hear the price and ease of functionality worked well for your team. Also appreciate the feedback about setting up billing for individual rooms, we are always looking to improve the product. Thanks again!

Replied July 2019

Verified

Reviewer

Telecommunications

201-500 employees

Used weekly for less than 12 months

Review source

Reviewed February 2019

Wills Review

This really helped with the flow of content during our acquisition.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

Easy to move through files and download necessary documents.

Cons:

I can’t say anything negative as I had a great experience.

Vendor Response

Thanks for taking time to write a review! 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!

Replied February 2019

Verified

Reviewer

Financial Services

11-50 employees

Used weekly for less than 6 months

Review source

Reviewed June 2019

New User

Ratings Breakdown

Ease of use

Functionality

Pros:

Easy to figure out based on the layout. Download options are straightforward as is the ability to see which files have been recently added to the data room. No difference in functionality compared to higher priced VDR sites like Intralinks or Merrill.

Cons:

I have had no issues with the software while I have been using it to date.

Vendor Response

Thank you for the feedback! Glad to hear the platform was easy to use and you haven't had any issues. Thanks for taking time to leave a review!

Replied June 2019

Verified

Reviewer

Financial Services

11-50 employees

Used other for less than 6 months

Review source

Reviewed February 2019

A solid data room service

Overall a solid choice for anyone running a dataroom.

Ratings Breakdown

Ease of use

Functionality

Pros:

The site was well laid out, and the user interface was intuitive. The addition of the working groups is particularly nice to keep organized who's who.

Cons:

My usage is limited as a downloader (and not an admin), but so far I see no shortcomings. I also do not know about the pricing as I am a user, and not a paying customer.

Vendor Response

Thank you for the review! Glad to hear the platform was intuitive and laid out well.

Replied February 2019

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