DealRoom

RATING:

4.6

(248)

About DealRoom

DealRoom is a cloud-based M&A lifecycle management software for investment banking, private equity and corporate development teams. The solution helps organizations to manage deals by storing and sharing documents, track due diligence tasks and communicate with reviewers in real-time. Key features include a shared workspace, audit trails, project analytics and document recall. The software includes all standard virtual data room capabilities, alongside diligence, integration, and pipeline management. Users can upload documents in bulk using a drag-and-drop interface. Users can also apply watermarks to documents and assign permissions for viewing, printing and downloading. The solution uses machine learning to detect duplicate requests and automatically fetches existin...
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DealRoom Reviews

Overall Rating

4.6

Ratings Breakdown

Secondary Ratings

Ease-of-use

4.5

Customer Support

4.5

Value for money

4.5

Functionality

4.5

Most Helpful Reviews for DealRoom

1 - 5 of 248 Reviews

User Profile

Kelli

Verified reviewer

Computer Software, 51-200 employees

Used weekly for less than 12 months

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

4

CUSTOMER SUPPORT

4

FUNCTIONALITY

5

Reviewed December 2018

Easy experience for end user!

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

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!

Replied December 2018

Brendan

Investment Banking, 201-500 employees

Used weekly for less than 6 months

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed November 2019

Review

Great, no complaints.

PROS

It's very intuitive, easy to maintain and make adjustments to folders throughout the process.

CONS

Occasionally download time can take longer than expected.

Reason for choosing DealRoom

Dealroom was recommended as the easiest to use.

Vendor Response

Thanks for the feedback Brendan! Great to hear you've had a positive experience with the platform and it's been easy to use. Appreciate you taking time to leave a review!

Replied November 2019

Anonymous

5,001-10,000 employees

Used weekly for more than 2 years

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

3

EASE OF USE

3

FUNCTIONALITY

2

Reviewed July 2018

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

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

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.

Vendor Response

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!

Replied July 2018

Curtis S.

Verified reviewer

Financial Services

Used daily for more than 2 years

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed April 2018

Most responsive and innovative dataroom provider in the market right now

Very easy to use

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!

Anonymous

11-50 employees

Used daily for less than 2 years

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed April 2018

Extremely easy to use.

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

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!

Replied July 2018