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DealRoom Reviews & Product Details - Page 3

DealRoom Overview

What is DealRoom?

DealRoom is the leading M&A Software Platform, purpose-built to streamline deal execution. By providing a single, centralized source of truth for all deal data, DealRoom enables seamless collaboration and alignment among deal teams, sellers, and integration teams. With workflow automation, granular permissions, and customizable reporting, it delivers full control and visibility throughout the M&A process. DealRoom is designed to simplify complex deal management, helping stakeholders work more efficiently and achieve successful outcomes. Learn more at www.dealroom.net

DealRoom Details
Languages Supported
English, French
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Product Description

DealRoom is a tool that centralizes transaction data and diligence requests without the need for spreadsheet trackers and unsecure email threads.

How do you position yourself against your competitors?

Today's standalone virtual data rooms are little more than online storage. Lacking integration with spreadsheet-based request trackers and communication tools, users are tasked with excessive copying and pasting, application switching and other repetitive, low-value work. The need to send highly-sensitive spreadsheets via email is a security risk. Per-page pricing models are exorbitantly expensive.

Within DealRoom, all due diligence operations take place in a secure, easy-to-use Web-based platform. Requests are directly linked to documents, eliminating the need for spreadsheets and manual searches. Comments are directly linked to documents and requests for streamlined communication. And with activity in the same platform, DealRoom can derive project analytic data that is not available when standalone data rooms are used. DealRoom also features machine learning to reduce repetitive tasks and robust APIs for CRM and compliance tool integration. Best of all, DealRoom's flat-rate pricing results in fewer unpleasant surprises for you and your clients.


Seller Details
Seller
DealRoom
Year Founded
2012
HQ Location
Chicago, IL
Twitter
@dealroominc
2,516 Twitter followers
LinkedIn® Page
www.linkedin.com
50 employees on LinkedIn®

Kison P.
KP
Overview Provided by:
CEO at Day1

Recent DealRoom Reviews

JM
Julian M.Small-Business (50 or fewer emp.)
4.5 out of 5
"Dealroom is easy to use and a great source of insight on VCs, start-up and tech ecosystems"
It is easy to navigate, and some of the curated content is interesting. The dataset it draws from appears to be comprehensive and up to the minute....
Verified User
U
Verified UserSmall-Business (50 or fewer emp.)
4.0 out of 5
"I believe dealroom is a quality service"
Upto date practical step by step procedure of getting the deal done.
Verified User
U
Verified UserSmall-Business (50 or fewer emp.)
4.0 out of 5
"Great database"
Dealroom functions very well as a database for VC startups and has a lot of functionalities
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

DealRoom Media

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Video Reviews

66 DealRoom Reviews

4.3 out of 5
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66 DealRoom Reviews
4.3 out of 5
66 DealRoom Reviews
4.3 out of 5

Overall Review Sentiment for DealRoomQuestion

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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G2 reviews are authentic and verified.
Verified User in Computer Software
AC
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about DealRoom?

I liked how easily I was able to see what was still needed from our team and where each item was in the process. Review collected by and hosted on G2.com.

What do you dislike about DealRoom?

Personally, I did not love how much white space is on each page. Maybe that is just because of how we are using the system. Review collected by and hosted on G2.com.

Recommendations to others considering DealRoom:

Very easy to use and track progress. Clean cut layout, easy to navigate. Review collected by and hosted on G2.com.

What problems is DealRoom solving and how is that benefiting you?

It is a great way to collaborate with individuals outside our company and collect all pertinent information regarding sensitive business transactions. Review collected by and hosted on G2.com.

SD
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about DealRoom?

Request list organization for new engagements Review collected by and hosted on G2.com.

What do you dislike about DealRoom?

Not being able to import whole folders into dealroom Review collected by and hosted on G2.com.

Recommendations to others considering DealRoom:

Use their customer service Review collected by and hosted on G2.com.

What problems is DealRoom solving and how is that benefiting you?

Due diligence requests for our transactions has become an efficient process for Auctus. We as a firm have realized great time efficiencies. Review collected by and hosted on G2.com.

Alex A.
AA
Investment Banking Analyst
Financial Services
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about DealRoom?

What has stuck out most to me is the responsiveness and overall care the DealRoom team has shown in addressing any issues or concerns as they may arise. We have even requested extra functionality / capabilities and the team has responded by building these out where possible. I have really enjoyed working with the team and would definitely recommend. Review collected by and hosted on G2.com.

What do you dislike about DealRoom?

Small kinks in beginning of process led to some process inefficiencies but these were largely addressed once bringing up with the DealRoom team. Review collected by and hosted on G2.com.

What problems is DealRoom solving and how is that benefiting you?

Data room for sell side process Review collected by and hosted on G2.com.

Tyler H.
TH
Investment Banking Analyst
Financial Services
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: Organic
What do you like best about DealRoom?

DealRoom has saved our team time and allowed our client to comfortably use a secure data room without having trouble understanding the platform. The ability to create and adjust the index of folders in an easy, efficient manner is especially helpful. Also, setting permissions and understanding who has access to certain folders and files is very transparent which limits stress levels when uploading sensitive documents. Review collected by and hosted on G2.com.

What do you dislike about DealRoom?

I've been using DealRoom for little over a month and I have yet to experience any features that I dislike or would like to see improved. Review collected by and hosted on G2.com.

What problems is DealRoom solving and how is that benefiting you?

Because DealRoom is easy to use for the deal team and the client, it simply saves time that can be allocated to more pertinent aspects of the deal and avoids unnecessary stress. Review collected by and hosted on G2.com.

Verified User in Banking
UB
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about DealRoom?

All of the in-platform diligence tracking makes the diligence process much simpler Review collected by and hosted on G2.com.

What do you dislike about DealRoom?

This is my first time using the platform, so the only issue I have is that I'm not as familiar with the system Review collected by and hosted on G2.com.

Recommendations to others considering DealRoom:

Diligence tracking is a huge benefits to analysts. Potential to save several hours a week of analysts' time Review collected by and hosted on G2.com.

What problems is DealRoom solving and how is that benefiting you?

As I stated previously, the diligence tracking and the ability to link documents to requests is very valuable Review collected by and hosted on G2.com.

Verified User in Higher Education
AH
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about DealRoom?

The easy plug and play model. It's so easy to organize drag and drop files. The feature of request list is quite helpful Review collected by and hosted on G2.com.

What do you dislike about DealRoom?

To much Analytics sometimes tend to be confusing Review collected by and hosted on G2.com.

Recommendations to others considering DealRoom:

A must try. Gives out all the features and so easy to use Review collected by and hosted on G2.com.

What problems is DealRoom solving and how is that benefiting you?

Sharing Large Volumes of Data. Helps us during our M&A deals Review collected by and hosted on G2.com.

Verified User in Investment Banking
AI
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about DealRoom?

Dealroom is, without a doubt, the dataroom of the future. Diligence and data rooms should not be separate, and Dealroom is ensuring this to be the case going forward. Review collected by and hosted on G2.com.

What do you dislike about DealRoom?

There are still a few early stage kinks that the coders need to work through. For example, just recently we noticed that management teams could post diligence responses directly to the buyer, which is a big issue for the junior banking deal team. Review collected by and hosted on G2.com.

Recommendations to others considering DealRoom:

Go through a few different trials and evaluations so you can inform Dealroom of your needs when it comes to diligence / data room Review collected by and hosted on G2.com.

What problems is DealRoom solving and how is that benefiting you?

Dealroom solves the problem of version control with diligence trackers. I no longer have to sent management a tracker, waiting all day for their updates, and then review all documents and the tracker late at night. I can provide feedback in real time. Review collected by and hosted on G2.com.

Verified User in Transportation/Trucking/Railroad
UT
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about DealRoom?

It is easy to understand, without no effort you can be using it. There are a lot of system in the Market. Dealroom is a good solution. Quality-money worth. Review collected by and hosted on G2.com.

What do you dislike about DealRoom?

If you are trying to teach an Agent how to do an invoice, it could be tedious when the system is slow Review collected by and hosted on G2.com.

Recommendations to others considering DealRoom:

There are a lot of system in the Market. Dealroom is a good solution. Quality-money worth. Review collected by and hosted on G2.com.

What problems is DealRoom solving and how is that benefiting you?

Helping our Agents. We do not have any agent on site (head office) Review collected by and hosted on G2.com.

VS
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about DealRoom?

I like that files can be put in oNE place by everyone who are not even part of your organization. Review collected by and hosted on G2.com.

What do you dislike about DealRoom?

Automatic update were not sent to me. I had to go frequently to check the updates Review collected by and hosted on G2.com.

Recommendations to others considering DealRoom:

Sure Review collected by and hosted on G2.com.

What problems is DealRoom solving and how is that benefiting you?

Due diligence for client. Review collected by and hosted on G2.com.

Verified User in Investment Banking
AI
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about DealRoom?

One feature I really enjoyed was the able to reorder files - seemed easier than on other sites Review collected by and hosted on G2.com.

What do you dislike about DealRoom?

One part about dealroom that I disliked was the initial set up process Review collected by and hosted on G2.com.

What problems is DealRoom solving and how is that benefiting you?

Mostly just using for sell side M&A deals Review collected by and hosted on G2.com.