DealRoom

Pros: Has a lot of different capabilities as far as use cases. Makes project management a lot more streamlined.

Cons: None so far. My team uses it everyday and we have yet to run into any issues.

Overall: Great product for a great price. Minimizes the amount of emails my team sends back and forth and support team is very helpful during the set up.

Pros: Saves us a lot of costs with its VDR functionality. I can also control which team member has permissions to specific documents and not everyone can see each other's accounts.

Cons: Can hardly think of anything right now. It has end to end capabilities so it's got all we need.

Overall: Dealroom completely changed the way we do deals. It’s an amazing collaborative software. I love how you can leave comments on each individual file so that other functions can see them. It like using Facebook, which is easy and intuitive.

The Visibility feature is awesome too. You can filter the eyes that can see certain files and deals.

It has end to end capabilities and saves us a lot of costs with its VDR functionality.

I would highly recommend this to any M&A practitioners.

Pros: This platform is very easy to use and has a good user interface. It makes the job more efficient and saves time.

Cons: The password requirements are quite complex, and make it difficult to find a suitable password.

Overall: My overall experience with the interface is positive. I use many platforms and this is right up there with the better of the offerings.

Pros: The platform was very easy to use as a document reviewer, in terms of viewing and organizing documents as well as downloading them.

Cons: No cons based on my usage. I found the platform to be very easy to use , which is the most important component of data room usage from my perspective.

Overall: Great experience using DealRoom as a document viewer. I would strongly consider using this platform for our own documents as well as those of our portfolio companies.

Pros: Ease of use while several people have access to all files needed to run the business correctly and efficiently.

Cons: None....the program works as promised and as needed.

Overall: Great overall experience with no real drawbacks...allows for collaboration between teams while maintaining security.

Pros: The software is user friendly, has a short adoption curve, and makes managing our deals throughout the entire process easier.

Cons: Have had no issues with the software yet, it has been a good experience so far.

Overall: Pleased with my experience, also the customer service is quick to respond and help answer any questions.

Pros: Very easy to use, have all the features we need. It has requests management which we are using for diligence process which is unique. Clean and easy to navigate design.

Cons: We have some difficulties with long file names while downloading them, but after contacting to the support we have figured out how to deal with it.

Overall: l like it a lot. We have closed several M&A deals with it's help. We are also using it for the internal document and project management.

Pros: Like the ease of setting up notifications. Easy to use product, easy to navigate documents. Better than many alternatives.

Cons: Some of the UI is a bit clunky, and sometimes the docs can be hard to download.

Overall: Very good overall experience, am always happy to use. Feature-rich, and all features are relatively intuitive and easy to use.

Pros: Everything we needed was there, populating the boxes was easy, and the outcome was super professional.

Cons: Price was quite high, especially for companies trading in non-US$ currency

Overall: I would use it again, and share even more deal details with other partners. The online-based software also means my disk space was free, and navigating was easy as pages aren’t overloaded.

Pros: -Good Search Function, able to identify and find documents quicky
-Easy Downloading, no complicated library or menus
-Easy to Use, intuitive and no instructions needed

Cons: -Not as good integration with other software used by law firms.

Overall: It's among the better data sites I have used. It's not as popular as some of the others, so a lot of the software and tools I use are not integrated yet.

Pros: The due diligence folder structure and template asking for common items are very very helpful. I would encourage you to test out a trial and see how they work.

Cons: The tool is very expensive, well, all deal rooms I looked at were.

Overall: DealRoom has a great user experience and interface and is easy to setup and use without having to talk to a person.

Pros: Functionality is very good and comprehensive. Easy to use and good customer service if any issues with accessing.

Cons: Can't really think of any. Very good solution for deal room access.

Overall: Quite good, like it. I don't pay for it so don't have a view on pricing, I use it from the buyside.

Pros: As a first time user I found it easy and intuitive to use.

No clutter, features easily found and no nonsense design.

Cons: Actually, as a first time user I do not have negatives.

Overall: Overall a good experience without incident. No major drama and design is intuitive and if you get sideways it prompts you back in line.

Pros: Very easy to navigate. I would highly recommend this product to those looking for a solution to coordinate file sharing among teams.

Cons: Would like more flexibility in changing dashboard.

Overall: Very pleased with the product.

Pros: That it allows me to store all my business data in one place and make its very easy to send to teammates and investors.

Cons: A lot of different features and technical support should be built in not via email.

Overall: Love it. Easy to send my data room to investors it does what I need to do to keep track of business.

Pros: Easy to navigate and organize data. Recent Files smart folder makes locating new uploaded files very easy.

Cons: Nothing overly negative to note. Would be great if there was an option to make folders display the most recent date on which a file imbedded inside was uploaded.

Overall: Great overall experience. The interface is clean and easy to navigate, and downloading files is easy.

Pros: Very easy to enter info and track info. Easy process to upload files. Uploading files is the key management tool to track.

Cons: Finding certain requests if they are not set up correctly from the beginning. Setup at the start is the key to good process.

Overall: Very nice document management system. I would recommend this product to others if they wanted to track files for separate companies.

Pros: - Easy to use, low barrier to entry for new users
- Flexibility with some used creation
- Search feature is AMAZING

Cons: Downloading documents tied to requests isn’t as easy as I’d hoped. Not a big deal thought and pros definitely outweigh this con. Also pretty expensive.

Overall: Great platform and all the users I’ve had use it as well have positive feedback. Search feature and flexibility make it superior to many other competitors.

Pros: Easy to use.

Cons: Too many tabs/options to click. Wish it was just a single pane of glass etc.

Overall: Overall, a great product. Gets the job done and isn't too hard to use.

Pros: Simplicity, and nice overview given in the 1st page, similar to a control panel. Red labels on the items show what items have not yet been looked at by the reviewer/user, and this is positive. Also the fact that it shows a timeline on when the items will be closed is a positive thing.

Cons: When updates arrive by email, and when you press the link it doesn't guide you to the update but to the general page and you have to check where the update occurred. This should be more user-friendly and the link should take you exactly where the update is. Room for improvement!

Overall: Overall I believe the platform is very good, and it allows for a good collaboration between the parties involved in the project from different companies and also from different departments in each company.