DealRoom review for startups.
A US room that mixes the data room with request lists and task tracking, used heavily by corporate development teams; quote and trial.
Facts checked Sep 30, 2026. Editorial score, no paid placement.
Overview.
DealRoom started in the United States in 2012. Its request lists and task boards make it a favourite of buyers who run diligence from their side.
It carries ISO 27001 and SOC 2, prices by quote and offers a trial.
Why a founder would pick it
You may see it when an acquirer sends its diligence requests from its own DealRoom workspace.
| Key fact | DealRoom |
|---|---|
| What you pay | Quote only |
| Before paying | Free trial offered |
| Security reports | SOC 2, ISO 27001 |
| Year started | 2012 |
| Home base | United States |
| Hosting model | Cloud |
Score breakdown.
Startup score 7.5 of 10, place 11 of 17 on our startup ranking; the 17-room mean is 7.6.
Strengths
- Request lists and task tracking for diligence.
- ISO 27001 and SOC 2.
- Trial available.
Gaps
- Price only by quote.
- No redaction, SSO, API, e-signing, phone app or AI tools in the facts we hold.
Features.
DealRoom lists 6 of the 12 features we track; in-app redaction, nda e-signing, mobile app, open api, single sign-on, ai assistance are not listed.
| Feature | Listed | What it does for a founder |
|---|---|---|
| Investor Q&A | Funds and buyers ask questions against a file; you assign, answer and publish replies, and the thread stays on record. | |
| Viewer activity log | Shows which investor opened which file, for how long and when, and exports the record. | |
| Dynamic watermarks | Stamps the viewer email and the time across every page, so a forwarded screenshot points back to its source. | |
| In-app redaction | Blacks out salaries, customer names or personal data inside the platform without keeping a second copy. | |
| NDA e-signing | Investors sign the NDA or click-through terms before the room opens. | |
| Mobile app | An installable phone and tablet app on top of the mobile website. | |
| Open API | Lets your engineers create rooms, add users or pull activity into your own tools. | |
| Single sign-on | Your team signs in with Google Workspace, Microsoft Entra ID or Okta instead of another password. | |
| Two-step login | Every login needs a one-time code or an app approval as well as the password. | |
| Bulk folder upload | Drag a whole folder tree in at once and keep its numbering. | |
| View-only and download control | Set each file to view only, print or download, and change it later without resending anything. | |
| AI assistance | Vendor-listed help such as auto-filing, document summaries, search across files or drafted answers. |
Pricing.
DealRoom does not publish a price and quotes per project. The figures below are our market band for rooms of its kind, not a vendor price.
| Scenario | Months | Seats | Indicative cost |
|---|---|---|---|
| Pre-seed or angel round | 2 | 1 | $900 to $3,000 |
| Seed round | 3 | 2 | $1,800 to $6,100 |
| Series A | 4 | 3 | $2,450 to $8,100 |
| Sale of the company | 6 | 4 | $5,150 to $17,100 |
What DealRoom costs against the field
Totals in US dollars for the life of the room, indicative only. Listed prices are each vendor's entry plan; vendors who only quote get our own market band. Get the real figure from the vendor before you sign.
| Provider | How it is priced | Total for the project | Link |
|---|---|---|---|
| Ellty | $149 monthly | $596 | Visit Ellty |
| iDeals | Quote (our band) | $2,450 to $8,100 | Pricing details |
| Firmex | Quote (our band) | $2,450 to $8,100 | Pricing details |
| SecureDocs | $250 monthly | $1,000 | Pricing details |
| Ansarada | Quote (our band) | $2,450 to $8,100 | Pricing details |
| Datasite | Quote (our band) | $6,500 to $18,900 | Pricing details |
| Citrix ShareFile | $55 monthly | $220 | Pricing details |
| CapLinked | $299 monthly | $1,196 | Pricing details |
| Drooms | Quote (our band) | $2,450 to $8,100 | Pricing details |
| Intralinks | Quote (our band) | $6,500 to $18,900 | Pricing details |
| DealRoom | Quote (our band) | $2,450 to $8,100 | Pricing details |
| SmartRoom | Quote (our band) | $2,450 to $8,100 | Pricing details |
| Onehub | $15 monthly | $60 | Pricing details |
| Digify | $120 monthly | $480 | Pricing details |
| ShareVault | Quote (our band) | $2,450 to $8,100 | Pricing details |
| DocSend | $45 per seat monthly | $360 | Pricing details |
| Venue by DFIN | Quote (our band) | $6,500 to $18,900 | Pricing details |
More on prices and models in our startup data room pricing guide.
Where it fits.
Security and setup.
Security and compliance
ISO 27001 and SOC 2; second-step login, watermarking, file locks and an activity record.
Getting started
Organised around request lists, which helps when a buyer sends a long one.
Check during the trial or demo
- Upload your real folder index and confirm the numbering holds.
- Invite a test investor and open a file as that person on a phone.
- Set one folder to view only and one to hidden, then check the activity log.
- Ask for the current security report and where data is hosted.
Alternatives.
7.5/10 · Quote only
One of the first virtual data rooms (1996), built for large and regulated transactions and sold by quote, with SSO and redaction.
See the review
7.4/10 · Quote only
A US room known for fine-grained permission settings across many buyer groups; redaction, ISO 27001, quote only.
See the review
7.6/10 · Quote only
A German room with AI tools, redaction and the option to run on-premises, favoured in European real estate and M&A; quote only.
See the review