About Vault Rooms

Vault Rooms is a virtual data room solution, which helps businesses collect and share confidential documents with multiple parties. Vault Rooms facilitates M&A transactions across a wide range of industries including investment bankers, accountants, lawyers and private equity firms. It enables users to securely gather, share and track business critical documents on a centralized platform.

Vault Rooms helps accelerate complex business transactions and processes by uploading and organizing documents, managing user access and creating activity and audit reports. Prior to the existence of virtual data room and document repository technology, information was printed, faxed, emailed, photocopied or mailed.

Vault Rooms also offers workflow features and capabili...


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10 Reviews of Vault Rooms

Average User Ratings

Overall

4.6 / 5 stars

Ease-of-use

4.0

Value for money

4.0

Customer support

4.5

Functionality

4.0

Ratings Snapshot

5 stars

(7)

7

4 stars

(2)

2

3 stars

(1)

1

2 stars

(0)

0

1 stars

(0)

0

Likelihood to Recommend

Not likely

Very likely

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Showing 1 - 10 of 10 results

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January 2019

Karen from V-Rooms

Verified Reviewer

Company Size: 11-50 employees

Industry: Computer Software

Time Used: Free Trial

Review Source: GetApp


January 2019

November 2018

Anu from IBM

Company Size: 5,001-10,000 employees

Industry: Biotechnology

Time Used: More than 2 years

Review Source: Capterra


Ease-of-use

3.0

Value for money

5.0

Customer support

5.0

Functionality

4.0

November 2018

Use of V-rooms fo audit support

Support is excellent. Staff very helpful at all levels

Pros

easy to install, especially now that the users do not have to install anything.

Cons

cannot open up multiple windows so difficult to compare multiple documents if a user does not have download permission.

Response from Vault Rooms

Replied March 2021

Thank you for your review. We have added the ability to open multiple windows for document comparison. Just click the 3 dots to the right of the file and select "View in New Window". You can do this for as many files as you need to compare. - Karen, CEO

November 2018

Leslye from Blue Moon Advisors

Company Size: 2-10 employees

Industry: Consumer Services

Time Used: Less than 6 months

Review Source: Capterra


Ease-of-use

2.0

Value for money

1.0

Customer support

4.0

Functionality

2.0

November 2018

It was not a good fit for our business

Not the best value for our business. We add clients into a portal at the begining stage to house their documents. We do not charge for this service. I was getting billed through V Rooms as soon as their portal was created. The client was not willing or ready to pay sometimes for 33-4 months

Pros

I liked the hought that we could have all of our clients documents housed in one place and set security prefrences with multiple level access.

Cons

our clients did not find it easy to add their investors to allow access

Response from Vault Rooms

Replied December 2018

Leslye, I would like the opportunity to improve your experience with us. We have made some changes that should help with how you want to use the portal. Please reach out to me. - Karen, CEO

April 2017

Donald from Transworld Business Advisors of Benicia

Company Size: 2-10 employees

Industry: Investment Banking

Time Used: Less than 6 months

Review Source: Capterra


Ease-of-use

3.0

Value for money

5.0

Customer support

5.0

Functionality

5.0

April 2017

M&A Dream Data Room

Main Street to Small M&A projects. VRooms gives me the power to run the data collection, due diligence and closing with the system comparable to much more expensive data rooms I used for 35 years as a CFO of a multinational corporations.

Pros

Not only is it a great way to store and provide access to data, the program allows you to assign tasks to stakeholders. For example, if your sell side client has been tasked with providing copies of significant contracts...the system allows you to assign that task, remind the client via email and notify you of the status. Alternatively, you can see what the buy side has looked at, when they accesses the data and control what the can do with the data. View only, print or not print.

Cons

Because of multi-level security features, it can be a bit cumbersome making sure you have everything set so that who is supposed to see it can. For example, you can set security by user, by type of user, by document, by user level 1 to 10 etc. It is easy to get confused if you don't set some internal policies on how you set security settings.

August 2017

Martin from Korban SRL

Company Size: 11-50 employees

Industry: Financial Services

Time Used: Less than 2 years

Review Source: Capterra


Ease-of-use

5.0

Value for money

5.0

Customer support

5.0

Functionality

5.0

August 2017

Highly accurate and user friendly. Definitely a reliable tool to manage the company Data.

Reliability Confidence Accuracy Excellence

Pros

Reliability, Accuracy, Support and User friendly. Addiotionally it has a proper file organization inside the system.

Response from Vault Rooms

Replied March 2021

Thank you so much, Martin, for your review. - Karen, CEO

April 2017

Roberto from Pixeon Medical Systems S/A

Company Size: 201-500 employees

Industry: Information Technology and Services

Time Used: Less than 12 months

Review Source: Capterra


Ease-of-use

4.0

Value for money

5.0

Customer support

5.0

Functionality

4.0

April 2017

Worth every penny

V-Rooms provided us with everything we need to manage thousands of documents and their rights of access over a dozen users at a fair price and excellent technical service.

Pros

Easy of use

Cons

Limited advanced features compared with other more expensive solutions

April 2017

Michael from HyTrust, Inc.

Company Size: 51-200 employees

Industry: Computer Software

Time Used: More than 2 years

Review Source: Capterra


Ease-of-use

5.0

Value for money

4.0

Customer support

5.0

Functionality

4.0

April 2017

Great Solution

Our organization has been using V-Rooms since 2013 and the solution has worked out great for our needs.

Pros

ease of use, creating users, uploading documents, managing the documents, etc.

Response from Vault Rooms

Replied March 2021

Thank you so much, Michael, for your kind review. - Karen, CEO

April 2017

Chris from GreenBlock Capital

Time Used: Free Trial

Review Source: Capterra


Ease-of-use

5.0

Value for money

5.0

Customer support

5.0

Functionality

5.0

April 2017

Excellent Work for Our Deal Team

Since the day we signed up for V-Rooms, myself and the deal team have had a very easy time accessing all the documents we needed uploaded. It was essential in getting the deal done, and for the price, I think it was the best option available. Will definitely keep you in mind for future deals!!

February 2017

Jason from R.L. Hulett

Company Size: 2-10 employees

Industry: Financial Services

Time Used: Less than 2 years

Review Source: Capterra


Ease-of-use

5.0

Value for money

2.0

Customer support

2.0

Functionality

1.0

February 2017

Poor Functionality

As the manager of the data room, I have experienced numerous problems where a new guest has not received the login email. It's extremely time-consuming to find a work-around.

Pros

User Friendly

Cons

Adding New Users Lack of training manual for new users to log into program

February 2017

Martin from Clinica Metropolitana De Las Américas S.A.

Time Used: Free Trial

Review Source: Capterra


Ease-of-use

5.0

Value for money

5.0

Customer support

5.0

Functionality

5.0

February 2017

Very accurate and practical for Data manage and exposure. Mainly because of the Data Amount.

Overall a great experiencie, simplifying the way to share corporate information with the financial stake holders. Considering the Data Amount, it wouldn't be feasible to share infromation via email. V-Rooms is a really convenient solution.