About iDeals Virtual Data Room


iDeals Virtual Data Room is an on-premise and cloud-based virtual data rooms solution. It caters to investment banks, legal firms, life sciences, real estate and other large corporations. Primary features include document management, document security, user management, tracking and reporting.

Other features include a spreadsheet viewer, text search, collaboration, data hosting and two-factor authentication. iDeals allows users to create a personalized virtual data room where they upload data in folder structure, invite users and set permissions for them and collaborate with users via the Q&A feature of the software.

It is available in a fixed and subscription options. It is compatible with Windows, iOS and Android mobile phones. Support is offered via email and over the phone. Other help options include live trainings, an online help center and live chat. It is available in English, German, Spanish, French, Dutch, Italian, Polish, Russian, Turkish, Portuguese, Chinese and Japanese.



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Supported Operating System(s):

Mac OS, Web browser (OS agnostic), Windows 10

54 Reviews of iDeals Virtual Data Room

Average User Ratings

Overall

4.93 / 5 stars

Ease-of-use

5.0

Value for money

5.0

Customer support

5.0

Functionality

5.0

Ratings Snapshot

5 stars

(50)

4 stars

(4)

3 stars

(0)

2 stars

(0)

1 stars

(0)

Likelihood to Recommend

Not likely

Very likely

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Showing 1-20 of 54 reviews

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July 2019

Raul from Jordan Cove LNG LLC

Company Size: 51-200 employees

Review Source: Capterra


Ease-of-use

5.0

Value for money

5.0

Customer support

5.0

Functionality

5.0

July 2019

Great Software

iDeals is a great product. Provides the level of security needed to ensure your documents are protected. Ease of use was fantastic and customer service is excellent.

Pros

Security, User interface, and permissions flexibility.

Cons

Installation needed for downloading of encrypted files. Should be easier.

July 2019

David from Carolina Ear, Nose and Throat

Company Size: 51-200 employees

Review Source: Capterra


Ease-of-use

5.0

Value for money

5.0

Functionality

5.0

July 2019

Medical Practice Data Infrastructure

Pros

Group and individual level differential permissions. Ease of use.

Cons

There needs to be a way to track total amount of data/space used. Need to be able to load files through the remote/mobile app.

July 2019

William from Security On-Demand

Company Size: 51-200 employees

Review Source: Capterra


Ease-of-use

5.0

Value for money

5.0

Customer support

5.0

Functionality

4.0

July 2019

Review for internal corporate M&A activities

We are using the iDeals VDR for sell-side M&A activity, intellectual property/patent application usage, and for some partnering activity and some business dispute/litigation.

Pros

Software is quite easy to set up and configure. Very streamlined user interface and the ability to set up multiple layers of security by user, by user group. Reporting capability is simple to use and provides pertinent information. Ability to do bulk export. Activating/deactivating and changing permissions is easy to administer. I liked the pricing model and renewal terms. Customer support (via email) was lightening fast.

Cons

There has been very little concern with iDeals VDR. In addition to our internal usage, our bankers, lawyers, due-diligence consultants and sales partners are all regular users - and we have not had a single issue or hiccup with the platform.

December 2017

Sana from Law

Company Size: 201-500 employees

Review Source: Capterra


Ease-of-use

5.0

Value for money

5.0

Customer support

5.0

Functionality

5.0

December 2017

Great tool to manage due diligence processes faster and more efficiently.

iDeals helped to manage due diligence processes faster and more efficiently.

Pros

iDeals offer the ability to choose the exact permissions you grant to users, there is also separate subpermissions for excel files, which is a very convenient tool for managing work with documents. I also liked various security settings like the ability to establish password and SMS code for user access, protection documents from copying though Fence view, which create a physical barrier. This is very important when people work with have high-level confidential information.

Cons

So far, I have totally positive experience in using this software.

August 2017

Christine from Bouygues

Company Size: 10,000+ employees

Review Source: Capterra


Ease-of-use

5.0

Value for money

5.0

Customer support

5.0

Functionality

5.0

August 2017

Recomend to your business

This was my first experience of using virtual data room and I'll definitely be happy to recommend iDeals for any France-based businesses.

Pros

The user interface is really good: the fact that it's available in French is also one of the reasons why we have decided to go with iDeals. The customer support is really helpful and assisté me with some little issues that I had had.

Cons

The pre-established data room index was a bit confusing sometimes and did not always fit quite well so I had to ask for assistance. And that is another thing that can be improved possibility to make changes to data room index without relying on customer support.

August 2017

Rita from Allianz SE

Company Size: 10,000+ employees

Review Source: Capterra


Ease-of-use

5.0

Value for money

5.0

Customer support

5.0

Functionality

5.0

August 2017

Simple yet powerful platform

All in all, iDeals was of great help in sharing our confidential information during our M&A deal. We shall definitely come back for the future projects.

Pros

iDeals platform served us very well. What we enjoyed the most was a simple drag and drop of the entire document structure prepared in advance on our PC into the data room. We didn't have to do the double work of replicating the folders and then placing all the numerous files into their right place.

Cons

A couple of our users did not receive invitation letters due to some mail filtering systems, but their support guys resolved the matter in no time.

November 2017

Robert from Brainlab

Verified Reviewer

Company Size: 1,001-5,000 employees

Review Source: Capterra


Ease-of-use

3.0

Value for money

5.0

Customer support

5.0

Functionality

5.0

November 2017

Good overall, but reports were not convenient enough

Pros

The platform is pretty straightforward for the first time user. I had no difficulties with the interface or other features. The thing I had to struggle with was reports section. The statistical reports were of little use as there were mostly numbers without any graphic images. So, I had a hard time tracking who was most interested in buying the company and had to export the main report to analyze it in excel.

Cons

If not for the reports I would give it a 5, but for now, the whole section needs to be revisited as I had to spend more time on it.

May 2017

Anonymous

Verified Reviewer

Review Source: GetApp


Ease-of-use

5.0

Value for money

5.0

Customer support

5.0

Functionality

5.0

May 2017

Easy to use

Pros

- It generates various types of reports based on users, usage, views
- Ability to restrict viewership and access at various control levels
- Easy data uploads, downloads
- Categorization of data
- Value for money
- Good security controls

Cons

- not much to dislike
- more expensive than other cloud applications such as box
- ease in report generation and saving of these reports

July 2019

Roy from Universal Solar Partners

Company Size: 2-10 employees

Review Source: Capterra


Ease-of-use

5.0

Value for money

5.0

Customer support

5.0

Functionality

5.0

July 2019

Ideals easy to use

Pros

Its easy to use and high capacity and can share with other users.

Cons

I could not copy files automatically from box or drop box.

September 2017

Antonio from CaixaBank

Company Size: 10,000+ employees

Review Source: Capterra


Ease-of-use

5.0

Value for money

5.0

Customer support

5.0

Functionality

5.0

September 2017

The easiest software to use

I for sure would pick iDeals for our future deals.

Pros

iDeals saved us a lot of time since their support guys were able to create the folder structure from an Excel file we provided. This helped us to populate the VDR in a fast and ordered fashion. What I also liked is the comprehensive reports section which allowed me to see the most interested bidders.

Cons

I think reports could be more graphical, but then the number of details for each action makes up for that for the time being.

July 2019

Mark from Scientist.com

Company Size: 51-200 employees

Review Source: Capterra


Ease-of-use

5.0

Value for money

5.0

Customer support

5.0

Functionality

4.0

July 2019

Scientist.com Dataroom

Wonderful. We've hosted over 40 external diligence audits using our iDeals dataroom.

Pros

It's simple to set up, arrange files, rearrange files, and invite users with varying degrees of permissions and time status. We simply love it.

Cons

Creating a dropbox type desktop/my documents feature for parent users would be a nice to have add on.

March 2018

Anonymous

Verified Reviewer

Review Source: Capterra


Ease-of-use

5.0

Value for money

5.0

Customer support

5.0

Functionality

5.0

March 2018

We were running a small deal, and at one point my colleague overtook the data room management. He is

We were running a small deal, and at one point my colleague overtook the data room management. He isn't a computer person but didn't have to be as iDeals rooms are super easy to use. It took some time to understand and tweak the Q&A settings, but once that was taken care of we didn't have much work to do.

Pros

Positive:
Very user-friendly and straightforward. I didn't need to teach my colleagues how to use it or answer any questions from my users as to how this or that is done.

Cons

I was under the impression that the data room would close automatically upon the end of the primary term, so my accounting team got a few extra invoices before we finally closed the project (can be done in the VDR itself, but we were not aware).

October 2017

Raul from URBI

Verified Reviewer

Company Size: 1,001-5,000 employees

Review Source: Capterra


Ease-of-use

5.0

Value for money

5.0

Customer support

5.0

Functionality

5.0

October 2017

A deal well managed

Special thank you note goes to the UX team for smooth user experience.

Pros

We picked iDeals to orchestrate our project and were very happy with the results. The project went hassle-free thanks to the thought-through interface. After some point, all we had to do was monitoring the reports and answering the questions from potential bidders.

March 2017

Jean-Francois from Monica Healthcare Ltd

Review Source: Capterra


Ease-of-use

5.0

Value for money

5.0

Customer support

5.0

Functionality

5.0

March 2017

Extremely Positive

My experience with IDeals has been extremely positive. The user interface of virtual data room is very intuitive. I particularly like the drag & drop option, that allows to add files and folders and also easy user management. I have been extremely pleased with the customer service as well. The initial training was very good and every time I contacted the help line, I did get the support I needed, both by phone and email. Replies to my emails have been done within less than one hour anytime. I definitively recommend iDeals Virtual Data Room and will use it in the future.

March 2017

Sabeeh from ECi Software Solutions

Review Source: Capterra


Ease-of-use

4.0

Value for money