FirmRoom

About FirmRoom

FirmRoom is an intuitive virtual data room designed for Mergers and Acquisitions. It aims to help Investment Banks, Corporate Development, Private Equity, Life sciences and Real Estate. Their website lists big clients including J.P Morgan, Pfizer, Morgan Stanley and KPMG. Users can transform, retrieve, and classify documents and folders on the platform. Features such as drag and drop, bulk upload, communication tools and smart search enable collaboration among team without having to leave the tool. Its management functions include effortless adding of users, as well as setting up of group-level permissions and access. Users can track buyer activity around deal engagement, and have access to data analytics. They can use data automatically logged by FirmRoom to streamline their audit process and generate reports in PDF and XLSX formats. FirmRoom’s additional features allow for easy document flow and accessibility. These include Data Indexing, Files Bookmarking, time tracking and filters.

Screenshots & Videos

Pricing

Free Trial Available
Starts at $500.00. Offers Custom plan.
View Detailed Pricing

Platforms Supported

Browser Based (Cloud)

Organization Types Supported

All (Small, Medium, Large)

API Support

Available

Modes of Support

24/7 (Live rep), Online

FirmRoom Pricing

Free Trial

Available

Pricing Options

Premium Plans ( Subscription / Quotation Based )

Pricing Plans

MONTHLY YEARLY

Standard $500.00 $650.00 per month

Features

No. of projects/rooms: 1
Users: Unlimited
Data + File Storage: 10GB
Support and training
Diligence/Integration management
Advanced search
Data room features
New document notifications
Permission-based user roles
Built-in document viewer
Redaction
Audit log report
Customizable NDA
Multi-factor authentication
Encryption of data
AWS data center
Document watermarking
Single sign-on (SSO)

Pro $800.00 $1,000.00 per month

Features

No. of projects/rooms: 1
Users: Unlimited
Data + File Storage: 50GB
Support and training
Diligence/Integration management
Advanced search
Data room features
New document notifications
Permission-based user roles
Built-in document viewer
Redaction
Audit log report
Customizable NDA
Multi-factor authentication
Encryption of data
AWS data center
Document watermarking
Single sign-on (SSO)

Enterprise Custom

Features

No. of projects/rooms: Unlimited
Users: Unlimited
Data + File Storage: 25GB+
Support and training
Diligence/Integration management
Advanced search
Data room features
New document notifications
Permission-based user roles
Built-in document viewer
Redaction
Audit log report
Customizable NDA
Multi-factor authentication
Encryption of data
AWS data center
Document watermarking
Single sign-on (SSO)
Private instance
Advanced integrations
API access

Screenshots of Vendor Pricing Page

Disclaimer: The pricing details were last updated on 03/10/2022 from the vendor website and may be different from actual. Please confirm with the vendor website before purchasing.

Learn more about FirmRoom Pricing

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FirmRoom Reviews

User Rating

4.5/5 (Based on 94 Ratings)

Rating Distribution

Excellent
68.1%
Very Good
21.3%
Average
8.5%
Poor
1.1%
Terrible
1.1%

User Sentiments

User-friendly interface, Strong security and document control, Competitive pricing, Efficient customer support

Limited features compared to competitors, Occasional slow performance, Lack of integrations with other platforms, Issues with document download functionality

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Review Summary

FirmRoom is a popular virtual data room (VDR) platform that receives generally positive feedback. Users praise its ease of use, intuitive interface, and secure document management features. However, some reviewers note limitations like restricted notifications and file access. While the platform offers good value for money, certain users prefer competitors with more robust functionality. Despite a few drawbacks, FirmRoom delivers a solid VDR solution for managing sensitive documents and facilitating due diligence processes.

Pros

FirmRoom is userfriendly and easy to navigate, making it a great platform for document sharing.
The platform offers a secure way to share confidential data, providing peace of mind for sensitive information.
FirmRoom provides a strong value proposition for its price, offering highquality features at a competitive cost.

Cons

Limited notification functionalities and request sending capabilities may disrupt user experience.
Some users have reported file opening issues requiring full downloads, impacting efficiency.
The absence of a commenting feature on documents can hinder collaboration and feedback exchange.

FirmRoom Reviews

AI-Generated from the text of User Reviews

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