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Datasite Diligence Virtual Data Room Reviews & Product Details - Page 2

Datasite Diligence Virtual Data Room Overview

What is Datasite Diligence Virtual Data Room?

Datasite Diligence™ serves as the hub for conducting due diligence, offering a range of advanced data room technologies to optimize deal-making. By harnessing the power of machine-learning models trained on an extensive repository of over three million documents, you gain a competitive edge in your transactions. With Datasite Diligence, you can accelerate deal closures and approach negotiations with unwavering assurance, unburdened by the complexities of due diligence. The Datasite platform streamlines the sell-side process, automating various manual tasks involved in deal preparation. - Upload and organize content effortlessly through simple drag-and-drop actions or direct email integration. - Seamlessly manage request lists within the virtual data room (VDR) and grant access to relevant documents for various workstreams. - Set up workflows, roles, and categories swiftly with an integrated Q&A system. Common questions and responses can be easily elevated to the FAQ section for quick reference, and exporting the entire Q&A data to Excel is a breeze. - Enhance your redaction efforts with confidence using the platform's AI capabilities. Easily identify specific words or Personal Identifiable Information (PII) across the data room and efficiently mark or unmark text or areas for redaction, all while categorizing the reasons behind each redaction. - Ensure accurate search results, regardless of the document's language, with the platform's Optical Character Recognition (OCR) engine, supporting 16 languages. - Keep a close eye on engagement and behavior within the data room software, even at the individual page level. With near real-time reporting and the option to create custom dashboards, you stay well-informed and automate reporting schedules for convenience. Whatever your business, industry, purpose, or role, Datasite Diligence™ empowers you with a host of features to conduct due diligence more efficiently and confidently. From automated content management and integrated Q&A to upgraded redaction capabilities, multi-language search, and detailed engagement tracking, the data room platform is designed to facilitate smoother and faster transactions.

Datasite Diligence Virtual Data Room Details
Product Website
Languages Supported
Danish, German, Greek, English, French, Italian, Japanese, Korean, Dutch, Polish, Portuguese, Russian, Spanish, Swedish, Turkish, Chinese (Simplified), Chinese (Traditional)
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Product Description

Datasite Diligence is the premier sell-side virtual data room. Where rigorous security meets seamless collaboration.

How do you position yourself against your competitors?

Proven expertise
We’ve been making deals happen for more than 50 years, for 1.4M+ users, across 180 countries – adding up to more than 100,000 transactions. The result? Our unique insight into M&A challenges and how to solve them.

Wall-to-wall security
Security is why dealmakers use Datasite – safety and compliance combined with maximum convenience. We deliver to the highest industry standards, embedded at every level: platform, processes, and people.

Living technology
The fastest-evolving transactional technology. AI-powered applications built from the real-life insights of dealmakers. Constantly tested and improved through use by professionals at the highest level of M&A.

Proactive support
Speed your deals, cut costs and risks, and seize success with Datasite Assist. Call on 50+ years of dealmaking expertise, available 24/7/365 in 20+ languages.


Seller Details
Seller
Datasite
Company Website
Year Founded
1968
HQ Location
Minneapolis, MN
Twitter
@DatasiteGlobal
5,407 Twitter followers
LinkedIn® Page
www.linkedin.com
1,288 employees on LinkedIn®
Description

Datasite is where deals are made. Driving transactions in 180 countries. Delivering at the highest level, across sell-side, buy-side, and beyond.

We provide a complete platform for M&A and other high-value transactions, including fundraising and restructuring. Projects become seamless in Datasite Cloud, built around the world’s most trusted data room. Our unique combination of technology and always-on assistance empowers investment banks, corporates, private equity, and law firms to shorten deal times and boost success rates.


Alyssa D.
AD
Overview Provided by:

Recent Datasite Diligence Virtual Data Room Reviews

Verified User
A
Verified UserEnterprise (> 1000 emp.)
5.0 out of 5
"Seamless, reliable and intuitive!"
I find Datasite to be intuitive, seamless and reliable. Features and functionality are top-notch. We often run large M&A processes with multiple bi...
Verified User
U
Verified UserMid-Market (51-1000 emp.)
5.0 out of 5
"Reliable VDR with all necessary features and easy-to-use design"
Datasite is very intuitive to use for all of its functionalities including uploading and preparing files, managing access rights, Q&A, etc. In theo...
Verified User
A
Verified UserMid-Market (51-1000 emp.)
5.0 out of 5
"Leader in the VDR space; intuitive user interface and good technical support"
Ease of use and simplicity of navigation / buyer permissions / etc.
Security Badge
This seller hasn't added their security information yet. Let them know that you'd like them to add it.
0 people requested security information

Datasite Diligence Virtual Data Room Media

Datasite Diligence Virtual Data Room Demo - Analytics
Track deal progress from every angle
Datasite Diligence Virtual Data Room Demo - Search / Artificial Intelligence (AI)
Transform data into actionable information
Datasite Diligence Virtual Data Room Demo - Trackers
Consolidate your Excel checklists
Datasite Diligence Virtual Data Room Demo - Redaction
Redact (and unredact) with confidence
Datasite Diligence Virtual Data Room Demo - Q&A
Bring order to a cumbersome process
Datasite Diligence Virtual Data Room Demo - Mobile
Keep things moving while on the go

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241 Datasite Diligence Virtual Data Room Reviews

4.5 out of 5
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Datasite Diligence Virtual Data Room Pros and Cons

How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Cons

Overall Review Sentiment for Datasite Diligence Virtual Data RoomQuestion

Time to Implement
<1 day
>12 months
Return on Investment
<6 months
48+ months
Ease of Setup
0 (Difficult)
10 (Easy)
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Verified User in Oil & Energy
UO
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Datasite Diligence Virtual Data Room?

We like Datasite's ease of use. It has a lot of features but we like that we can publish data quickly and easily. We've used the customer support chat feature many times and find it helpful. Simplicity and efficency are most important to us and we are happy with Datasite here. Generally we don't need the more complex features but it is nice to know they are there as well. Modern interface is nice also. Review collected by and hosted on G2.com.

What do you dislike about Datasite Diligence Virtual Data Room?

Some of our peers are familiar with other datarooms so it can take some time to get them up to speed on Datasite. Review collected by and hosted on G2.com.

What problems is Datasite Diligence Virtual Data Room solving and how is that benefiting you?

Datasite allows us to easily and securly share data with counterparties. Review collected by and hosted on G2.com.

Response from Sydney Ashmore of Datasite Diligence Virtual Data Room

Hello, and thank you for sharing your experience with Datasite Diligence! We’re thrilled to hear that Datasite is your preferred VDR partner, and that our platform’s ease of use, efficiency, and interface have met your needs. Simplicity and speed are critical in your workflow, and we’re delighted to provide a solution that aligns with those priorities. It’s also great to know you’ve found the customer support chat feature helpful when needed.

We appreciate your feedback regarding onboarding peers who may be familiar with other platforms. Our team is committed to making the transition to Datasite as seamless as possible and providing resources to support new users.

Thank you for your continued partnership with Datasite! We look forward to supporting you in your next project!

Best,

The Datasite Team

Blaise S.
BS
Associate
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Datasite Diligence Virtual Data Room?

The intuitive interface, robust security features, and ease of collaboration make it ideal for handling complex due diligence processes. The platform's organization tools, secure document sharing, and advanced tracking features ensure that everyone stays aligned and productive. Its high scalability and support for large data sets make it perfect for M&A transactions and corporate restructuring. Review collected by and hosted on G2.com.

What do you dislike about Datasite Diligence Virtual Data Room?

Honestly, there’s nothing to dislike—it’s a premium solution that consistently delivers on performance and support. Review collected by and hosted on G2.com.

What problems is Datasite Diligence Virtual Data Room solving and how is that benefiting you?

Datasite Diligence solves the problem of managing sensitive documents securely during complex transactions. It provides a centralized, secure platform where we can track activity, manage permissions, and ensure full compliance with regulatory requirements. This results in faster deal processes, enhanced collaboration between teams, and peace of mind knowing that our data is protected. Review collected by and hosted on G2.com.

Response from Sydney Ashmore of Datasite Diligence Virtual Data Room

Hello Blaise, and thank you for taking the time to review Datasite Diligence! We are thrilled that you and your team have found confidence in conducting complex and sensitive transactional processes in the platform. Moreover, we are happy to hear that the user interface and purpose-built features have helped to simplify and streamline your workflow.

We appreciate your continued partnership with Datasite, and look forward to supporting you in many future deals!

Best,

The Datasite Team

Verified User in Renewables & Environment
UR
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Datasite Diligence Virtual Data Room?

The ease of navigation within the data room. I really like that you can see the folder path at the top of the screen and can click on those to go back if needed. Review collected by and hosted on G2.com.

What do you dislike about Datasite Diligence Virtual Data Room?

The one downside I see is when downloading from the "New" files section, you don't have an option to download a file with the folder path. It would make the experience significantly easier if I could download files without having to have multiple screens open to ensure I'm downloading the correct files. Review collected by and hosted on G2.com.

What problems is Datasite Diligence Virtual Data Room solving and how is that benefiting you?

It allows me to access files easily and collaborate with others for successful project completion. Review collected by and hosted on G2.com.

Response from Sydney Ashmore of Datasite Diligence Virtual Data Room

Hello, and thank you for your review! We’re thrilled to hear that you find Datasite Diligence easy to navigate and that you have found benefit in features like the folder path display. Simplifying workflows and making collaboration seamless are top priorities for us.

We appreciate your feedback on downloading from the "New" files section. Enhancing efficiency is always a focus, and we’ve passed this insight along to our product team. Your input enables our continued efforts to optimize your experience in the platform.

Thank you for choosing Datasite—we look forward to supporting you in future deals!

Best,

The Datasite Team

Verified User in Oil & Energy
AO
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Datasite Diligence Virtual Data Room?

I believe that the user interface is what stands out the most for Datasite, making the experience on the platform, both as the one sharing information or for our customer being the one receiving the information, very streamlined. Review collected by and hosted on G2.com.

What do you dislike about Datasite Diligence Virtual Data Room?

The analytics side of things is an element of the platform I have been learning more recently, so I still have troubles at times manipulating the data and leveraging it to its full capability. Review collected by and hosted on G2.com.

What problems is Datasite Diligence Virtual Data Room solving and how is that benefiting you?

Being able to securely share information between parties, especially in an easy way that is the Datasite platform, is very important to our deal experience. Review collected by and hosted on G2.com.

Response from Emily Ehlers of Datasite Diligence Virtual Data Room

Hi there! Thank you so much for your review. I'm so pleased to read that you enjoy our user interface and that we've helped streamline your processes. Please do lean on us (service@datasite.com) for any Analytics questions - we know that feature well, and depending on what data you want to find, we can advise from there. Not to mention we're around 24/7! Thanks again for your feedback! We look forward to working with you and your team again soon. Warmly, The Datasite Team

Pierre-Yves C.
PC
M&amp;A Manager
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Datasite Diligence Virtual Data Room?

Most helpful: support of the local brazilian team (sales, support). The platform is really easy to use and adjust in real time, both for me administrator as well as for operationals who realise the upload. The price is attractive and transparent. Review collected by and hosted on G2.com.

What do you dislike about Datasite Diligence Virtual Data Room?

Nothing in particular. Maybe an AI tool would help to accelerate our analysis. Review collected by and hosted on G2.com.

What problems is Datasite Diligence Virtual Data Room solving and how is that benefiting you?

Sharing organized information with bidders. Review collected by and hosted on G2.com.

Response from Brit Boorman of Datasite Diligence Virtual Data Room

Greetings! Your feedback is important to us, and we’re glad you shared it. It's great to hear Datasite Diligence been really intuitive for you, along with attractive and transparent pricing.

I've relayed your suggestion about accelerating analysis with our [AI] product team - we love hearing insights directly from clients.

We take pride in our support, Datasite Assist, as they're available 24/7/365, supporting 20+ languages - we’re thrilled to know you’ve found Datasite Assist valuable too. Our team is passionate about providing the support you need, when you need it, so it’s wonderful to hear it’s making a difference for you.

Thank you again for sharing your experience and insights—it truly helps us continue improving for clients like you!

RF
Executive Vice President
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Datasite Diligence Virtual Data Room?

Setting up and starting a VDR was easy and straight forward and if you need assistance there is support ready to help you. Review collected by and hosted on G2.com.

What do you dislike about Datasite Diligence Virtual Data Room?

There is a bit of a learning curve on a couple of items but once you learn those little things (and save the response from support) you are off to the races. Review collected by and hosted on G2.com.

What problems is Datasite Diligence Virtual Data Room solving and how is that benefiting you?

Datasite Diligence VDR provides my business with a nice platform to host a virtual data room for my oil & gas divestitures. It looks more professional than other possibilities. Review collected by and hosted on G2.com.

Response from Sydney Ashmore of Datasite Diligence Virtual Data Room

Hello, Ryan! Thank you for taking the time to review Datasite Diligence. We’re thrilled to hear that you’ve found setting up your projects to be straightforward, and that our Datasite Assist team has delivered an exceptional standard of service. Providing you with an intuitive experience in the platform and world-class support is always our priority.

We’re glad Datasite Diligence has proven to be a professional and reliable solution for your oil and gas divestitures. Thank you for your continued partnership, and we look forward to supporting you on your next deal!

Best,

The Datasite Team

Verified User in Banking
AB
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Datasite Diligence Virtual Data Room?

I have been using Datasite Diligence™ for several deals, and it has been a crucial part of our process. The platform is intuitive, secure, and offers a range of features that streamline due diligence from start to finish. The document management system is robust, and the ability to control permissions and track user activity has added an extra layer of security and transparency to our transactions.

What I particularly appreciate is the user-friendly interface, which makes collaboration among team members and external parties much more efficient. The support team is also top-notch—responsive, knowledgeable, and always ready to assist when needed.

Overall, Datasite Diligence™ has made the entire deal process smoother and more manageable. I would highly recommend it to any dealmaker looking for a reliable and efficient solution for their next transaction. Review collected by and hosted on G2.com.

What do you dislike about Datasite Diligence Virtual Data Room?

While I’ve had a largely positive experience with Datasite Diligence™, one area that could use improvement is the initial learning curve. With so many powerful features, it can take some time for new users to become fully familiar with all the tools and functionality. However, once you’re accustomed to the platform, it becomes an invaluable resource for managing deals efficiently. Review collected by and hosted on G2.com.

What problems is Datasite Diligence Virtual Data Room solving and how is that benefiting you?

Datasite Diligence™ helps solve several key challenges in the deal-making process. First, it ensures secure and efficient document management, allowing us to share sensitive files with confidence. Second, it streamlines collaboration by providing a centralized platform where all parties involved can access the necessary documents, communicate, and track progress.

The platform also provides clear audit trails and advanced permissions, which help maintain compliance and transparency. By addressing these issues, Datasite Diligence™ has significantly reduced the time and complexity of managing due diligence, ultimately speeding up deal execution and improving overall efficiency. Review collected by and hosted on G2.com.

Response from Sydney Ashmore of Datasite Diligence Virtual Data Room

Hello, and thank you for taking the time to review Datasite Diligence! We are so pleased that the platform has become a permanent fixture in your dealmaking process, and that you and your team have found value in Datasite's purpose-built features.

We appreciate the detail and context that you provided in all of your feedback; as this is what allows our team to continue to optimize your experience, and help you achieve your desired outcomes. As such, we have shared this feedback with our Product team.

Once again, thank you for your continued partnership with Datasite. We look forward to supporting you in many future deals!

Best,

The Datasite Team

Verified User in Legal Services
UL
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
(Original )Information
What do you like best about Datasite Diligence Virtual Data Room?

I've used a number of dataroom platforms, and Datasite's virtual dataroom makes organizing and sorting a large volume of materials a breeze. The ability to quickly give permission for certain users to view materials is a plus. Datasite is easy to access and navigate. Overally, I highly recommend. Review collected by and hosted on G2.com.

What do you dislike about Datasite Diligence Virtual Data Room?

There are no downsides in my book. I highly recommend Datasite. Review collected by and hosted on G2.com.

What problems is Datasite Diligence Virtual Data Room solving and how is that benefiting you?

Datasite is great at helping organize large volumes of diligence materials in a transaction. I also really like the Q&A function, it makes organizing follow ups more efficient. Review collected by and hosted on G2.com.

Response from Emily Ehlers of Datasite Diligence Virtual Data Room

The title of your review definitely made me smile. We are so pleased you believe we make diligence a delight! Really glad you've found permissions easy to use. The last thing you want during diligence is a tricky-to-use data room, so we are so glad you enjoy using Datasite and are willing to recommend us. We appreciate your business, and look forward to supporting you and your team on many future deals. Warm regards, The Datasite Team

David M.
DM
IT Operations &amp; Information Security Director
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Datasite Diligence Virtual Data Room?

What I like most about using Datasite Diligence Virtual Data Room is the adaptability they offer depending on the project. Review collected by and hosted on G2.com.

What do you dislike about Datasite Diligence Virtual Data Room?

Something to criticize them for is that the support is not 100% in Spanish. Review collected by and hosted on G2.com.

What problems is Datasite Diligence Virtual Data Room solving and how is that benefiting you?

Maintaining the confidentiality and secrecy of important information about my company. Review collected by and hosted on G2.com.

Response from Emily Ehlers of Datasite Diligence Virtual Data Room

Hi David! Thank you so much for your review. We are very glad you've enjoyed the customization we offer. We appreciate your feedback on Spanish support. I've passed your note along to our Service team. Again, thank you so much for your feedback! We hope to support you again soon. Warmly, The Datasite Team

Verified User in Renewables & Environment
AR
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Datasite Diligence Virtual Data Room?

1. The supporting staff's response on Q&A and urgent adhoc enquiries are timely and usually very sufficient.

2. Relatively straightfoward user interface without unecessarily complicated and redundant features - not everyone wants to data analysis of user traffic, sometimes a straightforward user experience is more valueable in transaction. Review collected by and hosted on G2.com.

What do you dislike about Datasite Diligence Virtual Data Room?

1. Cannot restrict access to spreadsheets and Word docs once the user/downloader has been removed of access. The downloaded documents remain in the posession and full access to downloaders.

2. Cannot update in batch of "native download" opton. This is especially painful when lots of word docs are uploaded but need to make it "native" for downloaders to review and markup in MS Word format - has to click one by one for next 30 documents.

3. Cannot copy anything across different "projects" in the launchpad Review collected by and hosted on G2.com.

What problems is Datasite Diligence Virtual Data Room solving and how is that benefiting you?

Providing platform to share documents across different external stakeholders. Review collected by and hosted on G2.com.

Response from Brit Boorman of Datasite Diligence Virtual Data Room

Hello and thank you for taking the time to share your experiences.

We genuinely value your perspective. Your detailed review is very helpful, and we've passed it on to the appropriate product teams.

For your next deal or if it's a current deal, please contact our Datasite Assist team as they can help with all three items you listed. They are available 24/7/365 from answering general questions to providing project expertise, along with taking some of the manual tasks off your plate.

As for your first point about revoking access to previously downloaded files, we do offer a IRM/DRM option. Please see link I've provided below on how to enable this option.

Once again, thank you for your input; we’ve shared your comments with our product team to help improve our features and functionality. We’re always here to listen, and we appreciate your feedback.

The Datasite Team

See how Datasite Diligence Virtual Data Room improved