iDeals Virtual Data Room

RATING:

4.8

(253)

About iDeals Virtual Data Room

iDeals offers on-premise and cloud-based virtual data rooms solutions. It caters to investment banks, legal firms, life sciences, energy, 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 model. It is compatible with Windows, iOS and Android mobile phones. Support is offered 24/7/365 via email and over th...

Awards and Recognition

FrontRunner 2022
Software Advice's FrontRunners report ranks top products based on user reviews, which helps businesses find the right software.

iDeals Virtual Data Room Pricing

Day Free Trial Version. For further information, visit the iDeals website or contact the nearest office in your region.

Free trial: 

Available

Free version: 

Not Available

Users
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iDeals Virtual Data Room Reviews

Overall Rating

4.8

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 iDeals Virtual Data Room

1 - 5 of 251 Reviews

User Profile

Chris

Verified reviewer

Investment Management, 11-50 employees

Used weekly for more than 2 years

Review Source: Capterra

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed March 2020

iDeals VDR review

PROS

we typically use iDeals software to run and manage virtual data rooms for ongoing transactions. We benchmarked the product against their key competitors and found iDeals to offer comparable product features at competitive pricing

CONS

No issues noted to date. Everything from initial set-up to operation has been flawless

Reasons for switching to iDeals Virtual Data Room

primarily due to value for money and functionality. Although, previous VDR software provider package became expensive on a per page basis when we exceeded our initial signed-up storage capacity

Jaimin

Pharmaceuticals, 11-50 employees

Used daily for less than 12 months

Review Source: Capterra

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed March 2020

Great product with great features!

PROS

Special features of iDeals data room which are not available in other data rooms as per our previous experience. The best feature in the iDeals data room is sharing the confidential documents with the external parties in a way that they cannot download/print the documents. Also the watermark in background will be generated automatically. Multiple admins can manage the data room, also the log can be monitored (i.e. timestamp of activity, who spent how much time on which document, etc.) Admin can limit the data room use in advance by setting up the end date and make it unable for external users. This helps to complete the review in timely manner.

CONS

I could not find any cons for this product.

Reason for choosing iDeals Virtual Data Room

Better price, user friendly, better customer service as well as partners were familiar with this product better than the other!

Reasons for switching to iDeals Virtual Data Room

iDeals was able to provide the confidential platform with no downloads, no prints and automatic watermarks which helped us to share the documents with better security and confidence.

Cary

Computer Software, 51-200 employees

Used daily for less than 6 months

Review Source: Capterra

OVERALL RATING:

3

EASE OF USE

1

VALUE FOR MONEY

1

CUSTOMER SUPPORT

3

FUNCTIONALITY

4

Reviewed December 2016

Not so "Ideal"s

Data room seems good once you're in. But if you actually want users to be able to get in easily, you'd be best looking elsewhere. Spam blocking has made this almost impossible for users to receive invitations. Then they are instructed to "and @ideals and Ip address" to whitelist ... so then you need to get your corporate IT department involved and ask everyone you invite to do the same; so in this case, not really "ideal"s.

PROS

like the features once in

CONS

can't get users into the room easily. 100% of the users I've invited have spent lots of time trying to figure out how to get in, even AFTER searching spam to find the link.

Pablo

Banking, 11-50 employees

Used daily for more than 2 years

Review Source: Capterra

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed August 2020

Excellent platform for M&A deals with a competitive price

10/10 with a competitive price and an easy-to-use platform

PROS

Easy to use with a wide range of functionabilities including a well designed Q&A section

CONS

Lack of Spanish local team for a fast support

Reason for choosing iDeals Virtual Data Room

Good past experience with the product in past M&A deals

Reasons for switching to iDeals Virtual Data Room

Very expensive

Antoine

Investment Banking, 11-50 employees

Used weekly for less than 2 years

Review Source: Capterra

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed October 2019

High Value for Money: a Complete Solution

iDeals truly made our lives and that of the clients easier. The user-face is extremely user friendly and easy to manage, while the fees are very affordable to the client as well.

PROS

User friendly product and easily customizable: the interface is very flexible and allows you to truly customize the accessibility of every single file to each user on an individual basis. The support team is extremely helpful as well. The support team is available 24/7 and are very responsive and quick in tackling any issues. The value for money of this software compared to competitors put iDeals at a clear advantage point.

CONS

I honestly could not find anything to dislike about the software. It is truly a great product 360 degrees.

Reason for choosing iDeals Virtual Data Room

The value for money is unbelievable. iDeals offers you a complete and thorough solutions for a relatively cheaper price compared to competitors

Reasons for switching to iDeals Virtual Data Room

Merrill DatasiteOne was 2 to 4 times more expensive than iDeals for the exact same services in terms of user-face and customization, 24/7 customer support and professionalism.