TrustRadius: an HG Insights company

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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    FirmRoom

    Score10 out of 10
    N/AFirmRoom is a cloud-based virtual data room. The solution helps organizations to manage due diligence, and other information-dense processes, through secure document management and file sharing. Features such as drag and drop, bulk upload, & smart search enable seamless collaboration. Additional key features include data tracking, data analytics, audit trails, customized notifications, individual and bulk invitations, bulk file upload, and a user activity tracker. The vendor states FirmRoom…

    $400

    Orangedox

    N/AN/AOrangedox provides one-click virtual data rooms that are directly synced with Google Drive folders. It is used to prevent documents from being shared or forwarded and audit every time they've been opened, and to manage financial due diligence, fundraising, investor relations & investment management. There is no limits on the number of files shared with up to 500 users per room.

    $75

    per month

    Pricing
    FirmRoomOrangedox
    Editions & Modules
    Standard
    $400/month
    Business
    $1500/month
    Enterprise
    $3000/month
    Starter
    $75
    per month 1 seat
    Business
    $95
    per month 2 seats
    Teams
    $135
    per year 5 seats
    Teams
    $195
    per month 5 seats
    Offerings
    Pricing Offerings
    FirmRoomOrangedox
    Free Trial
    YesYes
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details—Admins (seats) are users who create and administer virtual data rooms or send & share files. Recipients who view or download files don't require a license. A discount is available for annual pricing.
    More Pricing Information
    User Ratings
    FirmRoomOrangedox
    Likelihood to Recommend
    10.0
    (2 ratings)
    -
    (0 ratings)
    User Testimonials
    FirmRoomOrangedox
    Likelihood to Recommend
    DealRoom
    This is a great data room for a simple transaction. It does not offer all of the bells and whistles like some data rooms--but the price point is a fraction of what those data rooms cost. And I think this is a great solution for an M&A project. I'm not sure it would be as good for tracking what users viewed a document or how long--although in all honesty, I didn't see such features. These days, most clients want to try and use Dropbox or Google Docs and I feel that firm room is a far superior solution to those often-used choices and the price point is not very painful and does not decrease the attractiveness of the offering.
    Read full review
    Orangedox
    No answers on this topic
    Pros
    DealRoom
    • Securely Store Documents
    • Customizable Permissions
    • Organize Files
    Read full review
    Orangedox
    No answers on this topic
    Cons
    DealRoom
    • There is some latency in loading larger documents. So sometimes it wasn't quite as quick as I would have liked.
    Read full review
    Orangedox
    No answers on this topic
    Alternatives Considered
    DealRoom
    In expensive cost and simple design. There was basically no onboarding needed and you can sign up for yourself online. Security standards are similar to other M&A data rooms, but pricing is much less expensive. Never have to worry about permissions when adding new users to the virtual data room.
    Read full review
    Orangedox
    No answers on this topic
    Return on Investment
    DealRoom
    • Much less expensive than per page data rooms
    • Can view documents quicker with the in-platform viewer
    • Almost no training required which saves me time when inviting new users
    Read full review
    Orangedox
    No answers on this topic
    ScreenShots

    FirmRoom Screenshots

    Screenshot of Home pageScreenshot of Management FunctionsScreenshot of Documents TabScreenshot of Data SecurityScreenshot of Data processingScreenshot of Analytics

    Orangedox Screenshots

    Screenshot of the virtual data room dashboard.Screenshot of a list of active or inactive virtual data rooms.Screenshot of recent activity reports for data rooms.Screenshot of document view times.Screenshot of participants viewed file counts.Screenshot of where to add virtual data room participants.