205 W. Wacker Dr. #617, 60606, Chicago, US
At FirmRoom, we believe that everyone deserves a secure, easy-to-use data room platform with no hidden costs. We aim to provide a VDR platform that can assist with establishing transparency, efficiency and robust communication, reducing stakeholder burnout and lost deal value. That is why we made the world’s most intuitive virtual data room that’s easy-to-use without sacrificing security standards. Have your data room up and running within 2 minutes and access it on any computer without the need to download an application. Most data room providers charge per-page, leaving users in the dark on how much the invoice will cost until it is too late. FirmRoom charges a monthly fixed cost, with no hidden fees, and can be canceled anytime. Our dedication to going above and beyond industry standards makes FirmRoom the industry's leading virtual data room. In FirmRoom, all deal confidential documents are safe inside the data room. Easily store, share, and collaborate on important documents with features such as drag & drop uploading, automatic indexing, advanced search, and notification settings. The platform provides users with valuable insight into all data room activity using smart analytics, including a bird’s-eye-view of document collection.. Record and view every action in the data room with our detailed audit log, quickly and easily understand which documents are highly viewed and downloaded by internal and external parties. FirmRoom also gives users the ability to control access to confidential company information. Easily apply watermarks on documents with usernames, IP addresses, time and dates, or build a custom watermark. Our 4-level access feature lets users create custom permissions, ranging from view-only, view with a watermark, download original, and edit. Ensure all personal-identifiable information and critical business documents are protected with FirmRoom. With our built-in smart-redaction feature, users can quickly identify and redact text, images, or areas of the document inside the virtual data room. Best of all FirmRoom supports 25+ different formats, so users can view documents without ever having to leave the platform. Spend less time spent switching between platforms and more time focused with the convenient built-in Excel and document viewer. The viewer downloads, decrypts, sets watermarks, and renders documents in any web browser in original, secure Excel. Try for yourself, and sign up for a free trial today!
Good basic data room but lacks some items such as limited notifications and sending requests.
not applicable
Files would sometimes not open requiring full downloads. Index of content did not show all files available.
The product works as advertised and with good support and follow up
The data room is user friendly I highly recommend it. It would be great if we can get better prices.
Good 14 day trial. Nowhere near good or efficient enough to command the monthly price point when other competitors have better data rooms, functionality and protection
The system simply worked although have my email so darkly plastered over the data did obscure it a little.
Customer service itself is great but many of the emails from you go to investors’ spam boxes and low priority boxes and you don’t allow sending a link. So in some ways it’s less effective than free solutions involving Google sheets etc
FirmRoom is easy to manage and one of the best VDRs in the market! What I really like is their permission settings and centralized storage.
Firmroom is easy to navigate and a sufficient document sharing tool.
Easy to use, intuitive interface
Great platform
Really great software!
現場からのタイムリーなデータが共有できる。パフォーマンスやリスクなど。
It's been easy to use and easy to bring in just the new files that were uploaded into the VDR.
Document placement, access and sharing.
Great platform
The VDR was initially frustratingly slow, but got continually better over time (the deal lasted over a year). The real problem was the service and support; we had two major problems with Firmroom. (i) We had two deals simultaneously with Firmroom and one time, one client took more than 10 (ten) days to pay the VDR provider. Firmroom adopted a gangster attitude and decided to shut down both VDRs. This is ridiculous because both our deals had nothing to do with each other. Our clients were responsible for payment of their respective VDRs, not us, but Firmroom decided to pressure us -the advisor- by shutting down its service to ALL our clients. This shutdown lasted until the other client paid the invoice. It was extremely unprofessional and almost cost us (and our other client) deal. (ii) To close the deal, our client required pendrives as back-up of the VDR (which is standard). Even though Firmroom was notified with more than a month of time, they were incapable of getting the pendrives to us (3 months after the request they still haven't arrived, they have been 'in route' for almost 2 months, the deal is closed by now). In the end we had to download a special software and encrypt the pendrives ourselves. Pathetic. Going forward, we will NEVER recommend Firmroom to a client.
FirmRoom truly made our lives easier. Typically used FirmRoom software to run and manage documents. We analyzed the market and this particular product against their key competitors like Ideals, Datasite and Intralinks, and found FirmRoom to offer comparable product features at competitive pricing. The interface is extremely intuitive and we love it. Overall 10/10 with a competitive price and an easy-to-use platform.
There should be a commenting feature on documents. Value for money is poor compared to what is available now as alternatives in the market.
