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DealRoom Reviews & Product Details - Page 6

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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Verified User in Investment Management
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?

The platform is easy to use, and has a simple, intuitive user interface. Setting folder permissions is very simple. Review collected by and hosted on G2.com.

What do you dislike about DealRoom?

All users added to a "group" will see the other members of the group, making user management more burdensome than it should be. Review collected by and hosted on G2.com.

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

Providing client diligence information in connection with a capital raise Review collected by and hosted on G2.com.

Verified User in Financial Services
AF
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Review source: Organic
What do you like best about DealRoom?

The data room provides an easy to use platform. I do not have to waste my time attempting to find certain features or figure out how the data room works. It's incredibly straightforward and tutorials are generally not necessary in trying to figure out how to use the data room. Review collected by and hosted on G2.com.

What do you dislike about DealRoom?

This platform does not have any noticeable flaws. Everything seems to work well and no features are noticeably missing. Review collected by and hosted on G2.com.

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

The business problem that is solved using DealRoom is establishing an easy to use online data room, not only for us, but for all potential buyers. Review collected by and hosted on G2.com.

Verified User in Financial Services
AF
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: Organic
What do you like best about DealRoom?

Drag and drop functionality that actually works and the future integration of due diligence checklists. The features to track what users/buyers have accessed documents is very easy to use. Often i've found that running a report on another platform is tough. Review collected by and hosted on G2.com.

What do you dislike about DealRoom?

Occasionally when you attempt to upload a file, the download won't begin....it may take a few clicks. This seems to happen on rare occasions. Review collected by and hosted on G2.com.

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

Clients are able to directly drop files in versus more complex platforms that are harder to use; where associates and analysts receive documents via email and drop in the DR. Review collected by and hosted on G2.com.

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

I love the ability to create and manage diligence lists easily and effectively. Review collected by and hosted on G2.com.

What do you dislike about DealRoom?

Learning a new system can be confusing at first and explaining the system to a client and getting them to use it in the most effective way can be tough. Review collected by and hosted on G2.com.

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

Ability to collaborate on projects and manage diligence lists Review collected by and hosted on G2.com.

Verified User in Legal Services
UL
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?

I do like how easy it is to navigate and find what I need. When you're working with thousands of documents at a time, this is important. Review collected by and hosted on G2.com.

What do you dislike about DealRoom?

Not much, to be honest. It is a functioning, well designed data room. Review collected by and hosted on G2.com.

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

I work with clients during mergers and acquisitions processes. Review collected by and hosted on G2.com.

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

I liked the way it was organized. It was easy for me to get to the information I needed to review deals. Review collected by and hosted on G2.com.

What do you dislike about DealRoom?

Nothing, it was easy to use, well formatted, and secure. Review collected by and hosted on G2.com.

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

I used Deal Room to look at financial information for commercial loans Review collected by and hosted on G2.com.

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

I like the security that Dealroom has and the functionality with keeping track of multiple buyers. Review collected by and hosted on G2.com.

What do you dislike about DealRoom?

The search and permissions features take a few times to learn. Review collected by and hosted on G2.com.

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

We use data rooms to share multiple files and documents with a group of potential buyers. Review collected by and hosted on G2.com.

Verified User in Venture Capital & Private Equity
UV
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about DealRoom?

Simple and straightforward to use - functions are organized in a thoughtful manner. No extra fluff. Review collected by and hosted on G2.com.

What do you dislike about DealRoom?

Nothing in particular - it gets the job done (view and download) and is easy to navigate and onboard. Review collected by and hosted on G2.com.

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

Organizing documents in a secure place for diligence purposes. 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?

Deal room utilizes a very user-friendly interface and the sales/customer support team is always available and willing to help. Review collected by and hosted on G2.com.

What do you dislike about DealRoom?

The functionality is unfamiliar to clients so it takes extra effort to explain and teach. Review collected by and hosted on G2.com.

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

Client communication and organization Review collected by and hosted on G2.com.

Verified User in Financial Services
AF
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about DealRoom?

The user interface is fairly straightforward. Review collected by and hosted on G2.com.

What do you dislike about DealRoom?

Other team members are less familiar with the platform. Review collected by and hosted on G2.com.

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

We are using it to track buyer documents. It helps us stay organized. Review collected by and hosted on G2.com.