All DealRoom Reviews

1-25 of 248 Reviews

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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

Anonymous

1,001-5,000 employees

Used daily 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

4

VALUE FOR MONEY

5

CUSTOMER SUPPORT

4

FUNCTIONALITY

5

Reviewed April 2019

The Art of the DealRoom

PROS

For starters, this company has A+ customer service. Whenever I need help or have issues, they're very quick to help out. Also really love how DealRoom allows all stakeholders in the deal to communicate together in a timely fashion. The ability to track tasks is also a lifesaver--when perusing through hundreds of deals a week, it gets quite hectic without software.

CONS

One thing I think the software could improve on is integration with other software (ie Outlook). Also has somewhat of a learning curve, but so do most software products. Very happy overall.

Vendor Response

Thanks for the great feedback! Happy to hear our team has been helpful and the platform itself has made your process more efficient. Also, appreciate the feedback on integrating with other software, we are always looking for ways to improve. Thank you for taking the time to leave us a review!

Replied April 2019

Collin

Verified reviewer

Electrical/Electronic Manufacturing, 5,001-10,000 employees

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

FUNCTIONALITY

5

Reviewed March 2019

Greater Idea, Even Better Execution

PROS

I liked that the workflow through the tool centered around what is most important in M&A transactions - getting things done. With the focus around Requests, DealRoom allows you to easily understand what needs to get done and who is responsible for outstanding items. The platform is simple and doesn't try to over-complicate the workflow for M&A pipeline management.

CONS

The focus on agile M&A can be a double-edged sword - while it helps get things done more quickly and introduces flexibility into your process, it isn't always what traditional M&A personnel are used to dealing with. For example, with the "Requests" approach not being named "transactions" or "playbook tasks" there can be some hesitation from the old-guard to adopt such a tool.

Vendor Response

Thanks for the review Collin! Our goal is to provide tools to help simplify the M&A process and allow for better collaboration and communication. Happy to hear you had a good experience with the trial and feel free to get in touch with us if you have further questions! Thanks again!

Replied March 2019

Anonymous

11-50 employees

Used weekly 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 December 2018

DealRoom Review

PROS

Easy to use. Very user friendly so I find ways to use it.

CONS

Clients sometimes go into junk. It can be very helpful though.

Vendor Response

Thank you for the review! Appreciate the high marks and strong recommendation. Glad to hear the interface was user friendly!

Replied December 2018

Anonymous

11-50 employees

Used 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:

4

EASE OF USE

4

VALUE FOR MONEY

4

CUSTOMER SUPPORT

4

FUNCTIONALITY

4

Reviewed April 2018

High quality and reliable

Virtual data room to track buyers and provide them access to sensitive company documents for their due diligence.

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.

Anonymous

1,001-5,000 employees

Used 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:

4

EASE OF USE

3

FUNCTIONALITY

3

Reviewed December 2018

Deal Room

Served as a buy side consultant

PROS

Easy indexing easy to navigate tree clear TOC

CONS

difficult to download Q&A had too many approval steps

Vendor Response

Thanks for the review! Glad the platform was easy to index and navigate. We have requests you can download, not necessarily Q&A, but happy to have someone on our team go over it with you! Thanks again!

Replied December 2018

Luke

Investment Management, 11-50 employees

Used less than 6 months

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed October 2018

Excellent customer service!

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!

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.

Vendor Response

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!

Replied November 2018

John

Investment Banking, 11-50 employees

Used daily 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

5

FUNCTIONALITY

5

Reviewed July 2020

DealRoom is very easy to use

PROS

Our analyst recently departed I so I had to quickly step into manage the VDR for a client transaction. To my happy surprise, DealRoom was very to use (and very intuitive). I highly recommend the product.

CONS

Nothing comes to mind. Perhaps the analytics behind how folks are using the VDR could be enhanced.

Vendor Response

Thanks John! Appreciate the positive feedback and glad it was pick for you to pick up during a transaction. Thanks again for the review!

Replied July 2020

Whitney

Law Practice, 201-500 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:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed February 2021

DealRoom

We often use DealRoom to manage transactions--such a big help to keep everyone organized and on the same page.

PROS

My favorite is the ability to download the data room index and keep folders organized. Organization is key!

CONS

There isn't anything I like least about the software.

Vendor Response

Thanks for the positive review Whitney! Glad to hear you're happy as a long time user. Hope to continue to work with you on transactions in the future!

Replied February 2021

Bryan

Banking, 11-50 employees

Used daily 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:

4

EASE OF USE

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed April 2018

Great dataroom support

Ease of use Secure data transfer for confidential documents easy investor access via group creations

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.

Jérôme

Consumer Electronics, 51-200 employees

Used daily 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

5

FUNCTIONALITY

5

Reviewed July 2020

Reviewer

Very nice and usefull. I particularly appreciate to receive alerts when new documents are uploaded.

PROS

Easy to use, very clear file structure, files are easy to donwload

CONS

There are no elements that I can see in that area.

Vendor Response

Appreciate the kind review Jerome! Glad the platform was easy to use and notifications were helpful. Thanks again!

Replied August 2020

Shrey

Used daily 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

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed April 2018

Great platform for our internal and client use

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.

Bruce

Investment Banking, 10,000+ employees

Used daily 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

4

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed March 2019

DealRoom Review

Overall, DealRoom has been great but maintains room for improvement.

PROS

Easy to use and the quick response time has been critically helpful

CONS

The alerts received when documents are uploaded by the client could be made easier to sift through. Currently, you'll have to carefully look through the email alert whereas other DR providers alerts really throw the newly uploaded docs into your face. Anything to free up bandwidth.

Vendor Response

Thanks Bruce! Glad the platform has been easy to use and you've gotten quick response time. Appreciate the feedback on notifications, that helps our team continue to improve user experience. Thanks again!

Replied March 2019

Gilles

Food Production, 501-1,000 employees

Used 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:

4

EASE OF USE

3

FUNCTIONALITY

4

Reviewed February 2021

General comment

Very good overall

PROS

Ease of access and download, limit that need for attachment

CONS

Sometime hard to navigate. going back and forth should be simplify

Reason for choosing DealRoom

Communication with other people

Vendor Response

Thanks for the feedback Gilles! Glad the platform was easy to use and easy to download from. If you're able to contact support@dealroom.net with additional context on simplifying going back and forth, happy to discuss further! Thanks for taking time to leave us a review!

Replied March 2021

Gregory

Hospital & Health Care, 1 employee

Used daily 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:

4

EASE OF USE

5

FUNCTIONALITY

4

Reviewed December 2018

Functional software

A good tool to share, review and track action items (along with the current status of action item). The software is easy to use and functions as advertised.

PROS

You are email notified of all changes/adds to dealroom.

CONS

Spreadsheets can be a challenge to see all cells- you will have to download to get a full file view. This can add a little time - when you just want to see a quick response.

Vendor Response

Thanks for the review Gregory! Happy to hear you had a good experience and were able to track and update the status of action items. Our goal is to provide a tool to improve efficiency. Appreciate the feedback!

Replied December 2018

Nora

Financial Services, 10,000+ employees

Used daily 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

CUSTOMER SUPPORT

4

FUNCTIONALITY

4

Reviewed December 2018

Great System

Excellent platform/tool with easy navigation and use. I would highly recommend.

PROS

Easy to use and navigate through as well as real time notifications when new documents were submitted.

CONS

Unable to use the request for information function but that may have been the way my company set it up.

Vendor Response

Thanks for the feedback Nora and high recommendation! Glad to hear everything went well. Requests are definitely a huge advantage with using DealRoom, hopefully we can work with you on another project and have that functionality be used! Thanks again for the positive review, we appreciate it!

Replied December 2018

Riley

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

4

Reviewed April 2018

I enjoy using dealroom software. It is easy to navigate.

The ability to quickly navigate through new files in a short amount of time greatly increases efficiency.

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.

Hector

Financial Services, 2-10 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

5

FUNCTIONALITY

5

Reviewed March 2019

Excellent Tool

Our org. chart presents a challenge due to the various global locations, where we exist. This tool allows us to work cohesively, never missing a beat.

PROS

The ease of use and ability to incorporate it seamlessly to the pre-existing working model.

CONS

So far so good, nothing negative to report.

Vendor Response

Thanks for the review Hector! Happy to hear it was a seamless transition to using DealRoom from your pre-existing model. Glad the platform allows collaboration across your locations. Appreciate you taking time to give us feedback, it's very helpful!

Replied March 2019

Erin

Financial Services, 10,000+ employees

Used daily 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:

3

EASE OF USE

5

FUNCTIONALITY

3

Reviewed September 2021

Virtual Data Room Use

PROS

How files were organized and the email alerts I received when new files have been uploaded.

CONS

Difficult to determine date of file uploads through the deal room website.

Vendor Response

Hi Erin! Thanks for taking time to leave a review and glad to hear you would recommend DealRoom to others. For the date of upload, there is a column on the right side that lists the date. You can also filter by date from the Recent Files tab in the upper left! Thanks again for the feedback!

Replied September 2021

Hari Prasath

Renewables & Environment, 501-1,000 employees

Used daily 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

5

Reviewed July 2020

Experience With Dealroom

Nice platform and User friendly

PROS

The most likeable from dealroom is, The notification is popped up when the new documents uploaded,

CONS

There is no notifications shown, When the document is moved from one place to the another place inside the deal room. Sometimes, It's difficult for another user to find out the documents.

Vendor Response

Thanks Hari! Glad you had a positive experience with the platform and it was user friendly. Appreciate the review!

Replied July 2020

Christopher

Investment Management, 2-10 employees

Used 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:

4

EASE OF USE

4

VALUE FOR MONEY

5

CUSTOMER SUPPORT

3

FUNCTIONALITY

5

Reviewed November 2019

Product Review

Generally very positive and would be happy to recommend it to colleagues or peers.

PROS

Sustainable, navigable ease of use. It was easy to move around and induced user interaction in a way that trained me to adjust to some of its more unique features.

CONS

There were times when I found preview screens to distort the image of the document.

Vendor Response

Thanks for the feedback Christopher! Happy to hear the platform was intuitive and you were able to utilize more than just the basic features. Hope to work with you on future projects!

Replied November 2019

Showing 1 - 25 of 248 Reviews