Intralinks review for startups.

One of the first virtual data rooms (1996), built for large and regulated transactions and sold by quote, with SSO and redaction.

Facts checked Sep 30, 2026. Editorial score, no paid placement.

Overview.

Intralinks opened in 1996 in the United States and still serves big-ticket M&A, capital markets work and regulated industries.

It carries ISO 27001 and SOC 2 and handles redaction and enterprise sign-on. There is no trial and no published price list.

Why a founder would pick it

Relevant when your buyer or its bank already works in it. Most early-stage founders need far less.

Key factIntralinks
What you payQuote only
Before payingDemo, no trial
Security reportsSOC 2, ISO 27001
Year started1996
Home baseUnited States
Hosting modelCloud

Score breakdown.

Startup score 7.5 of 10, place 10 of 17 on our startup ranking; the 17-room mean is 7.6.

Setup speed 22%8.3
Investor experience 18%6.7
Access control 22%8.6
Diligence tools 18%8.1
Startup pricing 20%5.7
Blue bar: this room, scale 0 to 10. Black tick: mean of the 17 rooms we cover. Small figure: the measure's weight.

Strengths

  • Long record in large, regulated deals.
  • Redaction, SSO and ISO 27001.
  • High support ratings.

Gaps

  • No price list and no trial.
  • No phone app, API, e-signing or AI tools in the facts we hold.

Features.

Intralinks lists 8 of the 12 features we track; nda e-signing, mobile app, open api, ai assistance are not listed.

FeatureListedWhat it does for a founder
Investor Q&AFunds and buyers ask questions against a file; you assign, answer and publish replies, and the thread stays on record.
Viewer activity logShows which investor opened which file, for how long and when, and exports the record.
Dynamic watermarksStamps the viewer email and the time across every page, so a forwarded screenshot points back to its source.
In-app redactionBlacks out salaries, customer names or personal data inside the platform without keeping a second copy.
NDA e-signingInvestors sign the NDA or click-through terms before the room opens.
Mobile appAn installable phone and tablet app on top of the mobile website.
Open APILets your engineers create rooms, add users or pull activity into your own tools.
Single sign-onYour team signs in with Google Workspace, Microsoft Entra ID or Okta instead of another password.
Two-step loginEvery login needs a one-time code or an app approval as well as the password.
Bulk folder uploadDrag a whole folder tree in at once and keep its numbering.
View-only and download controlSet each file to view only, print or download, and change it later without resending anything.
AI assistanceVendor-listed help such as auto-filing, document summaries, search across files or drafted answers.

Pricing.

Intralinks 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.

ScenarioMonthsSeatsIndicative cost
Pre-seed or angel round21$2,400 to $7,000
Seed round32$4,850 to $14,200
Series A43$6,500 to $18,900
Sale of the company64$13,700 to $39,900

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; enterprise sign-on, second-step login, watermarks, file locks and redaction.

Getting started

Set up with the vendor on most contracts.

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.

SmartRoom logo

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
Datasite logo

8.0/10 · Quote only

The platform many investment banks run sell-side processes on: AI tools, a phone app, SSO and redaction, bought through a quote.

See the review
iDeals logo

8.2/10 · Quote only

A UK deal room priced by quote, with redaction, Okta-style single sign-on and an API, plus both ISO 27001 and SOC 2. A trial is offered.

See the review

Intralinks questions

Do startups use Intralinks for a round?
Rarely for early rounds. It turns up in late-stage sales and IPO work led by banks.
Does Intralinks offer a free trial?
Not in the facts we hold. Intralinks works through a demo and a quote.
What is Intralinks best for at a startup?
In our use-case rankings Intralinks places highest for healthtech, fintech, space. Relevant when your buyer or its bank already works in it. Most early-stage founders need far less.

Find a data room for your round.

Four questions, about 30 seconds.

Question 1 of 4What is the room for?