About Ansarada

Ansarada Virtual Data Room is an artificial intelligence-enabled platform that helps businesses, deal or tender advisors and VC & PE investors manage acquisitions, mergers, portfolios, corporate transactions and more. With granular control functionality, the software lets administrators track, control and erase documents from any location inside or outside data rooms, ensuring security and compliance across the organization. Ansarada Virtual Data Room provides a tender platform with pre-built pathways for preparing and accelerating acquisition, divestment, fundraising, IPOs and other crucial deal workflows. Real-time reporting dashboards enable users to gain insights into deals, clients and activities and predict emerging trends to improve business strategy. Addition...

Ansarada Pricing

Contact Ansarada for further pricing details. The pricing above is for basic subscriptions.

Starting price: 

$39.00 per month

Free trial: 

Available

Free version: 

Not Available

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Ansarada Virtual Data Room topic guide

Ansarada User Reviews

OVERALL RATING

SECONDARY RATINGS

Ease-of-use

4.5

Value for money

4

Customer support

4.5

Functionality

4.5

Showing 1 - 5 of 49 reviews

Anonymous

Verified reviewer

Company size: 11-50 employees

Time used: Less than 2 years

Review Source: Capterra

This review was submitted organically. No incentive was offered

Ease-of-use

5

Value for money

5

Customer support

5

Functionality

5

Reviewed March 2021

Great to have a web-based version of this product!

Excellent.

Pros

This is the first web-based product of this kind that I have used and I found it much easier to manage than those other products.

Cons

I think some of the security features are too stringent and there should be flexibility for companies re: what level of security they want.

Reasons for choosing Ansarada

Web-based, pricing, features.

Scott

TMT Partners

Verified reviewer

Company size: 2-10 employees

Industry: Financial Services

Time used: 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.

Ease-of-use

4

Value for money

3

Customer support

5

Functionality

3

Reviewed June 2019

Q&A

Good support, only issues is as mentioned above.

Pros

Good UX, mostly clear to use and functional

Cons

Q&A - Intralinks and various other data room operators have the ability to ask questions on behalf of 3rd parties, this is seriously helpful where they need the questions processed quickly or may not yet have full access to the data room. To counter this, I've had to make a fake account on behalf of a 3rd party to process questions in the past, which is an issue. Further, the fact that you need to be a Q&A administrator to see the name of the Question Author is quite ridiculous. For example in a sell-side process where there's more than one potential acquirer in the data room asking questions, unless the sellside client is an admin, i.e. if they are approver or author, they can't see who is asking the question which means it's very difficult to correctly direct an answer. This should be an option which you can enable. The only way around it is by adding a comment when approving and forwarding the question which is very manual and inefficient for the entire process.

Reasons for choosing Ansarada

Because the client may have been using Intralinks or have used Intralinks in the past. However, mostly it is quite even and we are asked for quotes from a number of providers. With the issues in Q&A it is sometimes difficult to justify Ansarada over other providers.

Joe

PwC

Verified reviewer

Company size: 5,001-10,000 employees

Industry: Financial Services

Time used: More than 2 years

Review Source: Capterra

Ease-of-use

5

Value for money

4

Customer support

4

Functionality

4

Reviewed May 2021

Review of Ansarada virtual data room

Great - would recommend to everybody

Pros

Extremely intuitive to use. The email response for Q&A is fantastic!

Cons

Security settings are always a handful to get head around if havent used the updated platform.

Kris

Ravinia Capital

Verified reviewer

Company size: 2-10 employees

Industry: Banking

Time used: 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.

Ease-of-use

2

Value for money

2

Customer support

1

Functionality

4

Reviewed August 2020

Not a fan of the direction this VDR is going

Our team has seen extensive changes with our point of contact at the company. The quality of service has seemed to declined since when we first started using this software and has gotten more expensive that it should have in comparison to other products that are available.

Pros

I am very comfortable with this software since we have been using it for a while. The added security features is a nice touch that some other options dont have.

Cons

Not intuitive, expensive for what you get, many individuals have complained about not being able to see PDF's due to settings the software requires each user to make on their computers.

Reasons for choosing Ansarada

Ansarada was the main VDR we used when my team initially started working their but we have switched since to alternative products since then.

Response from Ansarada

Hi Kris, Sorry to hear you've had an unsatisfactory experience with Ansarada's Virtual Data Room. The concern you mentioned about viewing PDFs has been updated. We've introduced a new 'Preview' function which alleviates the pain you're experiencing. You can preview PDFs straight from the Document Index, without having to download the document. Previewing PDFs does not require any programs or plugins. Full details are here - https://help.ansarada.com/en/articles/2597663 Our pricing starts from US$39 per month per user and we purposefully offer flexible plans so that customers don't feel like they're paying for features they don't want or need. All our plans include training and 24/7 support from our knowledgeable team. Unfortunately, we can't guarantee that there won't be staffing changes from time to time. We would love the opportunity to win you back and show you the new functionality. One of our Client Success Managers will be in contact to arrange a demo. Thanks, Team Ansarada

Replied August 2020

Marcello

AsheMorgan

Verified reviewer

Company size: 11-50 employees

Industry: Investment Management

Time used: 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.

Ease-of-use

4

Value for money

5

Customer support

5

Functionality

5

Reviewed May 2021

Great Secure File Share System

It is widely used in Australia and it is a great easy to use format to upload and download information.

Pros

It is easy to use and is able to be used across a number of applications. It provides good tracking of users and helps keep track of authorities between people also.

Cons

Headings and some user interface is US centric.

Reasons for choosing Ansarada

n/a

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