Buyer’s guide · Updated November 2026

Best virtual data room providers (November 2026)

17 virtual data rooms compared by starting price, pricing model and the deals they are built for – from the bank-grade M&A platforms to flat-priced rooms for a seed round or a one-off sale. 11 publish prices; 6 quote per deal, and we say so.

The short verdict
  • Large, banker-led M&A: Datasite or Intralinks – expensive (reported medians ~$13,950–$25,500 a year) but what bidders expect. iDeals is the usual mid-priced challenger.
  • Mid-market M&A on a flat fee: SecureDocs ($250/month on a 12-month plan, unlimited users) or Firmex (quote, per project or subscription).
  • Startup fundraising: Papermark (€99/month yearly) or DocSend ($180/month yearly) for teams of up to three; Peony if one admin runs everything.
  • One deal, no subscription: HelpRange Deal Room Pass – $199 once for 90 days, whole team, unlimited guests. Compare: a Firmex single-project room is reported at ~$5,000–$10,000 for 3 months.
  • Many deals a year, many people: a flat team price beats per-user and per-page models – HelpRange Max ($69/month yearly, unlimited users, NDA included), or a subscription from DealRoom or Firmex for corporate development teams.
  • European real estate: Drooms.

Disclosure: HelpRange publishes this page and is one of the providers. We do not rank ourselves first for every deal – where another tool is a better fit, we say so.

Virtual data room providers compared

Starting price as published by the vendor, or “quote only” with a reported figure and its source. Click a name for the full review.

#ProviderStarting pricePricing modelBuilt for
1DatasiteQuote only (median ~$25,500/year reported by Vendr)Quote: per page historically; now also per user, storage or flat monthlyLarge and cross-border sell-side M&A
2IntralinksQuote only (median ~$13,950/year reported by Vendr)Quote: pages, users and durationBanks, large M&A, capital markets and regulated industries
3iDealsQuote only (third-party estimates ~$460–500/month entry)Quote: plans by projects, admins and storage; unlimited usersMid-market M&A and due diligence
4HelpRangeDeal Room Pass $199 per 90-day deal · Max (with NDA) $69/month yearly · Unlimited $139/month yearlyFlat per team (unlimited users, rooms, guests) or $199 once per dealSmall and mid-size deals, fundraising, advisers who want a flat price
5FirmexQuote only (~$5K–10K per 3-month project reported)Quote: single project (data volume × duration) or yearly subscriptionMid-market M&A, legal and compliance teams with repeat deals
6Ansarada$69/month (50 MB, 12-month term); 1 GB $699/monthPublished: data size × term lengthDeals with small, well-defined data volumes
7DealRoomQuote onlyQuote: annual subscription priced by deal volume, unlimited usersCorporate development teams running a pipeline of acquisitions
8SecureDocs$250/month (12-month plan); $400/month (3-month plan)Published flat fee: unlimited users and documentsMid-market M&A and fundraising teams that want a flat fee
9PapermarkData Rooms €99/month yearly (3 users)Published flat EUR plans with included users; extra seats €19–€70/monthStartups and small teams who want a modern, low-cost room
10DocSendAdvanced Data Rooms $180/month yearly (3 users)Per user on lower plans; 3-user bundles on AdvancedFounders sharing pitch decks who need a light data room
11DigifyPro $1,680/year (1 user, 3 rooms); Team $4,200/yearPublished plans limited by users, rooms and guestsTeams that need strong file-level protection (DRM, screen shield)
12CapLinkedTeam $399/month; Enterprise from $550/month ($5,500/year)Published monthly plan; Enterprise quoted from a starting priceReal estate, private equity and mid-market deals with many guests
13ShareVaultQuote onlyQuote: “value-based” by features and storageLife sciences licensing, audits and long-running partner portals
14DroomsFree Starter (150 MB); paid Hub plans from €19/monthPublished subscription by users, storage and features; Enterprise quotedEuropean real estate transactions and asset management
15PeonyData Room $52/admin/month yearlyPublished per admin; viewers free and unlimitedStartups and small funds with one or two admins
16OnehubData Room Edition $300/month yearly ($375 monthly)Published: per-user file-sharing plans; flat Data Room EditionBusinesses that want client portals and an occasional data room
17ElltyStarter $79/month (Ellty’s own page, Jan 2026)Monthly plans with included users; unlimited viewersStartups that want a light, low-cost data room

Prices checked on the vendors’ pricing pages on 31 October and 5 November 2026. Reported figures (Vendr, Peony, Ellty) are estimates. Vendors change prices often – confirm with the vendor before you buy.

Reviews

The 17 providers, one by one

1. Datasite

Starting price: Quote only (median ~$25,500/year reported by Vendr)  ·  Pricing model: Quote: per page historically; now also per user, storage or flat monthly  ·  Best for: Large and cross-border sell-side M&A

Datasite is one of the names investment banks reach for first on large sell-side processes. It is built around the full deal workflow – preparing the room, inviting bidder groups, running a structured Q&A process with many participants and reporting to the client. You do not buy it from a pricing page: every room is quoted by the sales team, and historically the quote was driven by the number of pages uploaded, which is why large rooms with many scanned documents became expensive. Today quotes can also be per user, per storage or a flat monthly fee.

Strengths
  • Built for big, multi-bidder sell-side processes with structured Q&A
  • Familiar to bankers, buyers and their advisers – little explaining needed
  • Project management and reporting aimed at advisers running the process
  • Higher tiers add AI and redaction features (per Datasite’s own product pages)
Limitations
  • No public prices; buyer-reported median around $25,500 a year (range ~$2,700–$46,300, Vendr)
  • Per-page quotes punish large scanned data sets and repeated uploads of drafts
  • More software (and cost) than a small deal or a seed round needs

Price source: Vendr marketplace data, via our Datasite pricing post · Datasite vs HelpRange

3. iDeals

Starting price: Quote only (third-party estimates ~$460–500/month entry)  ·  Pricing model: Quote: plans by projects, admins and storage; unlimited users  ·  Best for: Mid-market M&A and due diligence

iDeals is a widely used mid-market VDR. Its pricing page now lists three plans – Core (a single project, five administrators, unlimited users, 0.5–2 GB storage), Premier (single project, unlimited administrators, AI chat with documents, translation) and Enterprise (unlimited projects, SSO, MCP connector) – but every one of them ends in a “Get price” button. A free trial is offered on each plan.

Strengths
  • Unlimited users on every plan (admins are the limit on Core)
  • Complete M&A feature set: permissions, Q&A, reporting, AI chat on higher plans
  • Free trial before you commit
Limitations
  • No public prices; third-party estimates of ~$460–500 a month for entry and $6,000–$12,000+ per year for a typical mid-market project are not confirmed by iDeals
  • Storage on the entry plan is small (0.5–2 GB) for scanned data sets
  • You need a sales call to learn the price

Price source: idealsvdr.com/virtual-data-room-pricing (plans, no prices); estimates via our iDeals pricing post · iDeals pricing explained · iDeals vs HelpRange

4. HelpRange

Starting price: Deal Room Pass $199 per 90-day deal · Max (with NDA) $69/month yearly · Unlimited $139/month yearly  ·  Pricing model: Flat per team (unlimited users, rooms, guests) or $199 once per deal  ·  Best for: Small and mid-size deals, fundraising, advisers who want a flat price

HelpRange is our product, so read this entry with that in mind – we list the limitations as plainly as the strengths. It is a secure document sharing service with full data rooms on the Max and Unlimited plans: e-mail-verified access, click-to-sign NDA before the room opens (Max and Unlimited), per-viewer watermarks, download and print blocking, page-by-page analytics, guest uploads, activity reports and AI Q&A answered from the room’s documents. Pricing is public and flat per team: Max costs $87 a month ($69 billed yearly) and Unlimited, which adds a custom domain, $174 a month ($139 billed yearly), both with unlimited users, rooms and guests, and the Deal Room Pass gives everything in Unlimited for one deal – $199 once for 90 days, no subscription. Files are stored encrypted – new uploads in the EU (AWS Frankfurt), older files in the US.

Strengths
  • Public, flat team price – no per-user, per-page or per-GB charges
  • Deal Room Pass: $199 once for a 90-day deal, nothing renews
  • Click-to-sign NDA before access, with a PDF record of who signed
  • Dynamic watermarks, image mode, download/print blocking, forwarding alerts
  • AI Q&A from the documents with page references; page-by-page analytics
  • New uploads stored in the EU (Frankfurt), DPA available, free plan to start
Limitations
  • A smaller brand than Datasite or Intralinks – some bankers and buyers will not know it
  • No SOC 2 or ISO 27001 report yet (our controls are described on the security page)
  • Q&A is AI-answered from the documents; there is no formal bidder Q&A workflow with expert routing and approvals
  • E-signature is a simple electronic signature only (no qualified or advanced signatures); no validated GxP environment

Price source: helprange.com/pricing · Deal Room Pass · Security · NDA before access

5. Firmex

Starting price: Quote only (~$5K–10K per 3-month project reported)  ·  Pricing model: Quote: single project (data volume × duration) or yearly subscription  ·  Best for: Mid-market M&A, legal and compliance teams with repeat deals

Firmex sells two models: a Single Project Data Room (a one-time fee for one project with fixed-time access) and a Data Room by Subscription (an annual fee for unlimited projects). On its pricing page Firmex says data requirements and project length set the price and that the subscription is cheaper than buying several single rooms – but it does not publish the figures.

Strengths
  • Choice between per-project and subscription
  • Subscription gives unlimited projects for repeat users
  • Established in mid-market M&A and legal work
Limitations
  • No public prices; competitor blogs (Peony, Ellty) report ~$5,000–$10,000 per 3-month project and subscriptions from ~$25,000 a year
  • Price depends on data volume – scanned files raise it
  • Quote process before you can start

Price source: firmex.com/pricing (models, no prices); estimates via our Firmex pricing post · Firmex vs HelpRange

6. Ansarada

Starting price: $69/month (50 MB, 12-month term); 1 GB $699/month  ·  Pricing model: Published: data size × term length  ·  Best for: Deals with small, well-defined data volumes

Ansarada is one of the few M&A-grade providers that publishes a full price grid. The price depends on the data size of the room and the contract length: a 50 MB Essentials room is $99 a month on monthly terms ($69 on a 12-month term), 250 MB is $479 ($244 on 12 months), 1 GB is $1,479 ($699) and 10 GB is $4,348 a month. Rooms above 20 GB are quoted. Overage is billed at peak usage for the rest of the term.

Strengths
  • Transparent, published price grid
  • Cheap for very small rooms on a long term
  • Deal-process features aimed at sell-side preparation
Limitations
  • Price grows steeply with data size – a 1 GB room is $1,479 a month on monthly terms
  • Overage billed at peak for the rest of the term; deleting files does not lower the bill
  • Plans can only change at the end of the term

Price source: ansarada.com/pricing, via our Ansarada pricing post · Ansarada vs HelpRange

7. DealRoom

Starting price: Quote only  ·  Pricing model: Quote: annual subscription priced by deal volume, unlimited users  ·  Best for: Corporate development teams running a pipeline of acquisitions

DealRoom positions itself as an “M&A Operating System” rather than a data room alone: pipeline management, diligence request tracking and post-merger integration in one place, with a data room inside. Its pricing page shows no figures – the subscription is annual, priced by the number of deals you run, with unlimited users and no per-document charges. There is no free trial; you book a walkthrough.

Strengths
  • Pipeline, diligence requests and integration in one tool
  • Unlimited users, no per-document or overage charges
  • Good fit for buy-side teams doing several acquisitions a year
Limitations
  • No public price and no free trial
  • Annual commitment
  • More than you need if you only want a room for one sale

Price source: dealroom.net/pricing (no figures, checked 5 November 2026) · DealRoom pricing explained · DealRoom vs HelpRange

8. SecureDocs

Starting price: $250/month (12-month plan); $400/month (3-month plan)  ·  Pricing model: Published flat fee: unlimited users and documents  ·  Best for: Mid-market M&A and fundraising teams that want a flat fee

SecureDocs (now part of Onit) is a straightforward flat-fee data room. It publishes two prices: $250 a month on a 12-month plan billed annually, and $400 a month on a 3-month plan billed quarterly for short projects, both with unlimited users and unlimited documents. Volume packages are quoted. A 14-day free trial is offered.

Strengths
  • Public flat fee with unlimited users and documents
  • Short 3-month option for a single deal
  • Simple setup aimed at mid-market deals
Limitations
  • The 3-month plan is $1,200 per quarter – more than a one-deal pass on lighter tools
  • Fewer document-sharing and analytics extras than sales-oriented tools
  • Volume and multi-room packages are quote only

Price source: onit.com/products/clm/securedocs (checked 5 November 2026) · SecureDocs pricing explained · SecureDocs vs HelpRange

9. Papermark

Starting price: Data Rooms €99/month yearly (3 users)  ·  Pricing model: Published flat EUR plans with included users; extra seats €19–€70/month  ·  Best for: Startups and small teams who want a modern, low-cost room

Papermark is an open-source DocSend alternative that has grown into data rooms. Prices are published in euros: a free plan (50 documents), Pro €24 a month, Business €59, and data rooms start with the Data Rooms plan at €99 a month billed yearly (€149 monthly) for 3 users, going up to Data Rooms Plus (€249, 5 users), Premium (€549, 10 users) and Unlimited (€999).

Strengths
  • Low entry price for a data room with unlimited rooms and storage
  • Free plan and open-source core
  • Modern interface founders like
Limitations
  • Data rooms only from the €99 plan; Business (€59) has none
  • Extra users cost €19–€70 a month each, so the price grows with the team
  • Lighter on M&A process features than the enterprise VDRs

Price source: papermark.com/pricing, via our Papermark pricing post · Papermark vs HelpRange

10. DocSend

Starting price: Advanced Data Rooms $180/month yearly (3 users)  ·  Pricing model: Per user on lower plans; 3-user bundles on Advanced  ·  Best for: Founders sharing pitch decks who need a light data room

DocSend (Dropbox) is best known for tracked pitch-deck links. Its lower plans are per user – Personal $10 and Standard $45 per user per month billed yearly – and data rooms with NDA and advanced controls come with Advanced Data Rooms at $180 a month billed yearly for 3 users. Extra users on the Advanced plans cost about $60–$90 a month each (sources differ). There is no free plan; a 14-day trial is available.

Strengths
  • Excellent link analytics for decks
  • Investors already know the viewer
  • Backed by Dropbox
Limitations
  • No free plan
  • Per-user pricing – a team of five on Advanced Data Rooms pays well over $300 a month
  • Data room features are aimed at fundraising rather than full M&A diligence

Price source: docsend.com/pricing, via our DocSend pricing post · DocSend vs HelpRange

11. Digify

Starting price: Pro $1,680/year (1 user, 3 rooms); Team $4,200/year  ·  Pricing model: Published plans limited by users, rooms and guests  ·  Best for: Teams that need strong file-level protection (DRM, screen shield)

Digify focuses on document security: tracking, dynamic watermarks, “Screen Shield” and revocable access. Since 1 November 2025 (per Digify’s release notes) Pro costs $190 a month or $1,680 a year for 1 user, 3 data rooms and 50 guests; Team costs $500 a month or $4,200 a year for 3 users, 10 data rooms and 200 guests. Business (5 users, unlimited rooms, 500 guests) is reported at about $1,500 a month; Enterprise is quoted.

Strengths
  • Strong file protection and access revocation
  • Published prices for Pro and Team
  • Data rooms on every paid plan
Limitations
  • Guest and room caps (Team: 200 guests, 10 rooms) decide the real cost
  • Watermark and Screen Shield are add-ons on Pro
  • No free plan; a limited 7-day Team trial

Price source: digify.com/pricing and Digify release notes, via our Digify pricing post · Digify vs HelpRange

12. CapLinked

Starting price: Team $399/month; Enterprise from $550/month ($5,500/year)  ·  Pricing model: Published monthly plan; Enterprise quoted from a starting price  ·  Best for: Real estate, private equity and mid-market deals with many guests

CapLinked publishes its entry price: the Team plan is $399 a month with no long-term contract, unlimited guest users, watermarking, DRM and Q&A, with 5 GB of storage listed in the feature table. Enterprise starts at $550 a month or $5,500 a year and adds SAML SSO, IP whitelisting, virus scanning, unlimited storage and a 99.9% uptime SLA; final Enterprise pricing is quoted. CapLinked lists SOC 2 compliance on its pricing page and offers a 14-day free trial.

Strengths
  • Public price and no long-term contract on Team
  • Unlimited guests, Q&A, watermarking and DRM
  • Price-match guarantee on Enterprise (per its pricing page)
Limitations
  • 5 GB storage on Team is tight for large scanned data sets
  • Number of paid admins not stated on the pricing page
  • SSO and IP restrictions only on Enterprise

Price source: caplinked.com/pricing (checked 5 November 2026) · CapLinked pricing explained · CapLinked vs HelpRange

13. ShareVault

Starting price: Quote only  ·  Pricing model: Quote: “value-based” by features and storage  ·  Best for: Life sciences licensing, audits and long-running partner portals

ShareVault offers Express, Pro and Enterprise plans, each behind a “Get pricing” button. Express targets small advisory projects and board sharing; Pro adds Q&A, multi-room administration and integrations with Box, Dropbox, Google Drive, OneDrive, SharePoint and DocuSign; Enterprise adds offline viewing, clickwrap and document linking, with 21 CFR Part 11 compliance, customer-managed keys and SIEM integration as paid options.

Strengths
  • Options for regulated life-sciences work (21 CFR Part 11 as an add-on)
  • Good integrations with file storage tools
  • Free trial
Limitations
  • No public prices
  • Watermarks on Express do not include the IP address
  • Compliance options cost extra

Price source: sharevault.com/pricing (no figures, checked 5 November 2026) · ShareVault pricing explained · ShareVault vs HelpRange

14. Drooms

Starting price: Free Starter (150 MB); paid Hub plans from €19/month  ·  Pricing model: Published subscription by users, storage and features; Enterprise quoted  ·  Best for: European real estate transactions and asset management

Drooms is a German provider with a strong position in European real estate. Its self-service “Drooms Hub” has a free Starter plan (150 MB, 2 users, 3 data room projects) and paid Professional and Business plans shown from €19 a month, with the price rising with user licences (up to 20 or 100) and storage (up to 10 GB). Enterprise, which is how large real estate portfolios are usually bought, is quoted.

Strengths
  • Free plan and low self-service entry price
  • Strong in European real estate deals
  • One subscription for the account, not per data room
Limitations
  • The €19 figure is only the smallest tier; prices for bigger tiers are not listed per tier
  • Self-service plans cap storage at 10 GB
  • Enterprise is quote only

Price source: drooms.com/en/pricing (checked 5 November 2026)

15. Peony

Starting price: Data Room $52/admin/month yearly  ·  Pricing model: Published per admin; viewers free and unlimited  ·  Best for: Startups and small funds with one or two admins

Peony charges per admin and leaves viewers free. The Business plan is $30 per admin per month billed yearly (up to 3 data rooms per admin), the Data Room plan $52 per admin ($75 monthly) with unlimited rooms, and Deal Team $64 per admin ($89 monthly) with a minimum of 4 admins. A free plan without data rooms exists; Enterprise is quoted.

Strengths
  • Low price for one or two admins
  • Unlimited, free viewers
  • Published prices with monthly option
Limitations
  • Per-admin pricing grows with the deal team
  • Deal Team needs at least 4 admins ($256+/month yearly)
  • Free plan has no data rooms

Price source: peony.ink/pricing (checked 5 November 2026)

16. Onehub

Starting price: Data Room Edition $300/month yearly ($375 monthly)  ·  Pricing model: Published: per-user file-sharing plans; flat Data Room Edition  ·  Best for: Businesses that want client portals and an occasional data room

Onehub is a business file-sharing and client-portal tool with a dedicated Data Room Edition at $300 a month billed yearly ($375 monthly). According to its pricing FAQ, the edition adds stealth mode, NDAs, watermarking, automatic indexing and full audit trails. The Standard and Advanced plans ($12.50 and $20 per user per month yearly) are file sharing without data room features.

Strengths
  • Public price for the data room edition
  • Doubles as a client portal for everyday file sharing
  • NDA, watermarking, indexing and audit trail in the data room edition
Limitations
  • Data rooms only on the $300+/month edition
  • Users included in the edition are not stated on the pricing page
  • Fewer deal-specific analytics than VDR specialists

Price source: onehub.com/pricing (checked 5 November 2026) · Onehub pricing explained · Onehub vs HelpRange

17. Ellty

Starting price: Starter $79/month (Ellty’s own page, Jan 2026)  ·  Pricing model: Monthly plans with included users; unlimited viewers  ·  Best for: Startups that want a light, low-cost data room

Ellty is a newer, startup-focused document sharing and data room tool. Its plans page lists Standard, Data Room (2 users) and Data Room Plus (3 users) with unlimited visitors and rooms, but did not show clear amounts when we checked. Ellty’s own “for AI” page (last updated January 2026) lists Starter $79, Professional $150 and Enterprise $350 a month with unlimited documents and viewers. Watermarking, screenshot protection and audit log are on the top plan.

Strengths
  • Low monthly price
  • Unlimited visitors and data rooms
  • NDA gating and Q&A on the Data Room plan
Limitations
  • Prices on the plans page were not readable when checked – confirm before buying
  • Watermarks, screenshot protection and audit log only on the top plan
  • Room size capped (2,000–4,000 assets per room)

Price source: ellty.com/for-ai and ellty.com/plans (checked 5 November 2026)

Also considered

By deal type

Best data room for each kind of deal

The right VDR depends far more on the deal than on the feature list. Three picks for each situation, in the order we would try them.

Large sell-side M&A (banker-led, many bidders)

A sale process with an investment bank, dozens of bidders, staged disclosure and hundreds of Q&A questions. Here the VDR is a small line in a large fee, and familiarity, process tooling and support matter more than price.

  1. Datasite – built for multi-bidder sell-side processes with structured Q&A; ask for a flat or per-user quote instead of per page
  2. Intralinks – the other bank default, strong for regulated and cross-border work
  3. iDeals – a full M&A feature set, usually at a lower quote than the two above (reported)

Data room for M&A · Due diligence checklist · Datasite alternative · Intralinks alternative

Mid-market M&A and due diligence

A business sale between $5M and $100M, a handful of serious buyers and a boutique adviser or the CFO running the room. You need permissions per bidder, NDA, watermarks, a Q&A channel and a clean activity report – and a price you can explain to the client.

  1. SecureDocs – flat fee with unlimited users; $400/month on a 3-month plan
  2. Firmex – established mid-market VDR with per-project or subscription pricing (quote)
  3. HelpRange – Deal Room Pass $199 for 90 days if AI Q&A from the documents is enough and you do not need a formal bidder Q&A workflow

Data room index generator · NDA before access · Firmex alternative

Startup fundraising (seed to Series B)

Investors read the deck, then ask for the room: financials, cap table, contracts, IP. The room is small, the team is two or three people and the round may take three to six months. Page-level analytics (who read the financials twice) are worth more than M&A tooling.

  1. Papermark – cheapest published data room plan (€99/month yearly, 3 users) with a free plan to start
  2. DocSend – the viewer investors already know; data rooms from $180/month yearly
  3. HelpRange – one $199 pass covers a 90-day round for the whole team, with NDA and page-by-page analytics

Fundraising data room · DocSend alternative · Papermark alternative

Private equity and funds

Funds run fundraising rooms for LPs, diligence rooms on targets and ongoing portfolio reporting – many rooms a year, many outside users. Per-room and per-user pricing hurts here; a subscription that covers every project is usually cheaper.

  1. DealRoom – pipeline and diligence tracking across many acquisitions (quote, priced by deal volume)
  2. Firmex – subscription with unlimited projects (reported from ~$25,000/year)
  3. HelpRange – Max at $69/month yearly, NDA included – unlimited rooms, users and guests for one team price

Fund data room · DealRoom alternative

Real estate transactions

Property sales and portfolio deals mean large scanned files (leases, surveys, plans) and many brokers and bidders. Watch storage caps and per-GB pricing.

  1. Drooms – strong in European real estate, free entry plan, Enterprise for portfolios
  2. CapLinked – published $399/month Team plan with unlimited guests
  3. HelpRange – no storage-based pricing, offering memorandum behind an NDA

Real estate data room · Offering memorandum data room · CapLinked alternative

Small deals and one-off sales (no subscription)

Selling a small business, one property, a licence or a minority stake: one deal, a few buyers, a few months. Paying for an annual contract makes no sense; a per-deal price does.

  1. HelpRange Deal Room Pass – $199 once for 90 days, whole team, unlimited guests, NDA, watermarks, AI Q&A; nothing renews
  2. SecureDocs – 3-month plan at $400/month ($1,200 per quarter) with unlimited users
  3. Firmex Single Project – per-project room, reported ~$5,000–$10,000 for 3 months – worth it when buyers expect an established M&A brand

Deal Room Pass · Data room for business brokers · Data room cost calculator

EU data residency and GDPR-sensitive deals

Some sellers, works councils or regulators want documents stored in the EU and a processor that signs an Art. 28 GDPR DPA.

  1. Drooms – German provider, European real estate focus
  2. HelpRange – new uploads stored encrypted in AWS Frankfurt (older files in the US), EU company, DPA on request
  3. Papermark – EU-priced plans; check its hosting options for your region

HelpRange security · FORDATA alternative

Pricing

How virtual data rooms charge

A small team running data rooms for a year pays anything from about $1,300 to a reported median of $25,500 – a 15× spread for similar needs. The pricing model matters more than the headline price: per-page plans grow with every draft uploaded, per-GB plans with scanned documents, per-user plans with the deal team. Flat pricing is the only model that does not grow with the deal.

ModelWho uses itHow it worksWatch out for
Per pageDatasite (historically), Intralinks (estimates)You pay for every page uploaded – reported estimates are $0.40–$0.85 per page (Peony). A 10,000-page room can cost $4,000–$8,500 before users and duration.Scanned contracts, drafts uploaded twice and Excel files exported as many pages all add to the bill.
Per GB / data sizeAnsarada, Firmex (data volume), Drooms (storage tiers)The price is set by how much data the room holds and for how long. Ansarada: 50 MB from $69/month on a 12-month term, 1 GB $1,479/month on monthly terms.Overage can be billed at peak for the rest of the term; image-heavy scans and CAD files blow up the size.
Per user / per adminDocSend, Peony, Papermark (extra seats), iDeals (admins on Core)Each internal user or admin is a seat; viewers are often free. Peony Data Room is $52 per admin per month yearly; DocSend’s Standard plan is $45 per user.Every adviser, lawyer and colleague you add raises the bill – deal teams grow during diligence.
Plan with caps (users, rooms, guests)Digify, Papermark, ElltyA flat plan price with limits: Digify Team is $4,200/year for 3 users, 10 rooms and 200 guests.Advisers running several deals hit room or guest caps and must jump a tier.
Flat per account or per teamHelpRange (Max, Unlimited), SecureDocs, Onehub Data Room Edition, CapLinked TeamOne price regardless of pages or users. HelpRange Max, with NDA, is $87/month ($69 yearly) and Unlimited $174/month ($139 yearly), both for unlimited users, rooms and guests; SecureDocs $250/month on a 12-month plan.Check what “unlimited” covers (users vs admins vs guests) and the storage limit.
Per deal / per projectHelpRange Deal Room Pass, Firmex Single Project, SecureDocs 3-month planPay once for one transaction. HelpRange: $199 once for 90 days with everything in Unlimited. Firmex Single Project: quoted, reported at ~$5,000–$10,000 for 3 months. SecureDocs: $1,200 for a 3-month plan.Ask what happens when the deal runs long – extensions can be priced at a premium. On the Deal Room Pass you buy another pass and the days are added.
Enterprise quoteDatasite, Intralinks, iDeals, DealRoom, ShareVault, EthosDataSales builds a quote from pages, users, storage, duration and support. Buyer-reported medians: Intralinks ~$13,950/year, Datasite ~$25,500/year (Vendr).Multi-year contracts often include annual uplifts (about 10% reported for Intralinks); negotiate a flat or per-user structure.
One deal: per-deal prices side by side. HelpRange Deal Room Pass: $199 once for 90 days, everything in Unlimited, whole team and unlimited guests. SecureDocs 3-month plan: $400/month billed quarterly ($1,200). Firmex Single Project: quote only, reported at ~$5,000–$10,000 for a 3-month project. The enterprise rooms bring more M&A process tooling and a brand bidders know; the per-deal flat options are 5–50× cheaper for a deal that does not need it.

Data room pricing report 2026 Data room cost calculator

Detailed pricing: Datasite · Intralinks · iDeals · Firmex · Ansarada · Digify · DocSend · Papermark

Checklist

How to choose a virtual data room

  1. Count the people, not just the pages. How many internal users, advisers and bidders will need access? Per-user and per-admin pricing doubles quickly once lawyers and accountants join.
  2. Estimate the data volume. Scanned contracts and property files are large. If the vendor prices by page or GB, ask for the price at 2× your estimate – diligence rooms always grow.
  3. Decide how long you really need the room. Most small deals take 3–6 months, a sell-side process 6–9. Compare a per-deal price with a monthly plan for the real duration, plus an extension.
  4. Check NDA before access. Can guests sign the NDA online before the first document opens, and do you get a record of who signed and when?
  5. Test the leak controls. Dynamic watermarks with the viewer’s e-mail, download and print blocking, revoking access after sending, and e-mail verification instead of a shared password.
  6. Look at the analytics you will actually use. Page-by-page time per bidder tells you who is serious. Ask for a sample activity report you could send to your client.
  7. Q&A: AI answers or a formal workflow?. Large processes need question routing to experts and approvals; smaller deals are often fine with answers from the documents plus e-mail.
  8. Ask for security evidence. SOC 2 or ISO 27001 reports, where data is stored, a signed DPA. Do not accept a logo on a web page – ask for the report or the controls description.
  9. Check what the buyer side will accept. On bank-led deals the buyers may expect a well-known VDR. On a founder-led sale or a seed round, ease of use matters more.
  10. Run a real trial. Upload a folder, invite a colleague as a guest, sign the NDA, check the watermark and download the activity report – before you sign anything.

Before you invite anyone, build the folder structure with the data room index generator and check what buyers will ask for with the due diligence checklist. For the NDA step, see NDA before data room access.

FAQ

Best virtual data room – questions

What is the best virtual data room provider in 2026?

There is no single best VDR. For large banker-led M&A, Datasite and Intralinks are the defaults. For mid-market deals, iDeals, Firmex and SecureDocs are common choices. For startups and small deals, Papermark, DocSend, Peony and HelpRange cost a fraction of the enterprise VDRs. Pick by deal size, number of users and how the provider charges.

What is the cheapest virtual data room?

Among providers with published prices, entry data room plans start at about €99/month yearly for 3 users (Papermark), $52 per admin per month (Peony) or $69/month yearly for unlimited users (HelpRange Max, NDA included). For a single deal, HelpRange Deal Room Pass is $199 once for 90 days. Drooms has a free Starter plan with 150 MB.

How much does a virtual data room cost?

For a small team for a year: roughly $1,300–$4,200 with providers that publish prices, and about $5,500–$25,500+ with quote-based M&A providers (buyer-reported medians, e.g. Vendr: Intralinks ~$13,950/year, Datasite ~$25,500/year). See our data room pricing report for the full method.

Is there a data room for a single deal without a subscription?

Yes. HelpRange Deal Room Pass is $199 once for 90 days, with everything in the Unlimited plan for the whole team and unlimited guests; nothing renews and you can add days if the deal runs longer. Firmex sells a Single Project Data Room (quoted; reported at about $5,000–$10,000 for 3 months) and SecureDocs has a 3-month plan at $400/month billed quarterly.

Which VDR providers publish their prices?

HelpRange, Papermark, DocSend, Ansarada, Digify, SecureDocs, CapLinked (Team), Peony, Onehub and Drooms (self-service plans) show prices on their websites. Datasite, Intralinks, iDeals, Firmex, DealRoom, ShareVault and EthosData quote per deal.

How do virtual data rooms charge?

Per page, per GB of data, per user or admin, per plan with caps on users, rooms and guests, a flat fee per account or team, or per deal. The model decides how the bill grows: per-page and per-GB plans grow with the data, per-user plans with the team, flat plans with neither.

What is the best data room for M&A?

For large sell-side processes with many bidders and formal Q&A: Datasite, Intralinks or iDeals. For mid-market and founder-led sales: SecureDocs, Firmex, or a flat-priced room such as HelpRange if you do not need a formal bidder Q&A workflow.

What is the best data room for startup fundraising?

Investors mostly need a clean folder structure, an NDA if required and fast access. Papermark, DocSend, Peony and HelpRange are all used for seed to Series B rounds; compare page-level analytics and what happens to the price when you add teammates.

Do I need a VDR or is Google Drive enough?

Google Drive or Dropbox work for early conversations, but they do not give you an NDA before access, per-viewer watermarks, page-level analytics or a clean activity report for the buyer. Once outside parties review confidential documents, a data room is safer and looks more professional.

What features should a virtual data room have?

Granular permissions per folder and guest, e-mail-verified access, NDA before access, dynamic watermarks, download and print control, an audit trail, page-level analytics, a Q&A channel, bulk upload with an index, and a security description (and ideally SOC 2 or ISO 27001 reports) you can show to the other side.

Are free virtual data rooms safe?

Free plans from established vendors use the same infrastructure as paid ones, but they usually cap storage, rooms or guests and leave out NDA, watermarks and advanced permissions. Drooms Starter (150 MB) and Papermark Free (50 documents) are real free plans; HelpRange’s free plan covers document sharing, with full data rooms on Max, Unlimited or the Deal Room Pass.

Which data room providers have SOC 2 or ISO 27001?

Many enterprise VDRs state SOC 2 and/or ISO 27001 on their websites; ask each vendor for the current report rather than relying on a badge. HelpRange does not have SOC 2 or ISO 27001 yet – our controls are described on the security page and we sign a DPA.

How long does a data room need to stay open?

Fundraising rounds typically take 3–6 months; mid-market M&A from LOI to close often 3–6 months, larger processes longer. Plan for an extension, and check how the provider prices extra time and archiving after closing.

Can I get a data room in the EU?

Yes. Several providers offer EU hosting; HelpRange stores new uploads encrypted in AWS Frankfurt (Germany; older files in the US) and signs a GDPR Art. 28 DPA, and Drooms is a German provider. Always check where documents, backups and analytics data are stored.

How did you choose and check these providers?

We took the providers buyers most often compare for M&A, fundraising and real estate deals, and checked prices on each vendor’s own pricing page (31 October and 5 November 2026). When a vendor does not publish prices we say “quote only” and give a reported figure only with its source. HelpRange is our product; its limitations are listed as plainly as the others.

Need a data room for one deal?

Deal Room Pass: $199 once for 90 days – NDA before access, watermarks, AI Q&A, unlimited guests. Running deals all year? Max is $69/month billed yearly for the whole team, NDA included.

Get the Deal Room Pass See pricing Start free