Pricing and plans of different data rooms
Data room services are not cheap because the technology behind this software is complex and resource-demanding. Although going through the prices of various providers, you might notice that they can significantly differ even though the features seem similar. So what does impact the price?
The primary factor is the focus of the provider. Some vendors tailor their services to fit the demanding needs of big corporations that hold cumbersome deals. Of course, such virtual data rooms will be much more expensive than less sophisticated ones. Usually, you can tell if the provider focuses on large companies by its clients – there will be many famous brands among them.
The origins of the provider impact its pricing as well. Those vendors who exist for decades tend to have higher fees than younger ones. But you shouldn’t let the vast experience fool you. The fact that the provider is old doesn’t necessarily mean that it can deliver a suitable service for you. So study the features before sticking to the old-fashioned data room service.
Modern providers are usually cheaper. Or they at least offer a flexible range of prices so that the customers can choose the option that will suit their requirements. It is very convenient since you can pick the plan that will cover your needs while not paying too much for the functions you don’t need.
If you see that the provider is using artificial intelligence to improve the data room for its clients, you can expect such a service to be more expensive. This is a complex technology that involves a lot of money and workforce. Thus, AI-powered services simply can’t be cheap, although machine learning can bring the business many valuable benefits.
You may find the price of leading virtual data room provider below:
Self-service tool for small one-time projects.
Basic Features. No Customization. Email Support.
Basic Plan Includes:
- Basic Data Room Features
- No Customization
- Email Support in English
- Online Help Center
- ISO 27001 & SOC 2 Compliance
- Data Centers in US, Europe and Asia
Complete solution for mission-critical projects.
Advanced Features. Customizable. 24/7 Support.
Pro Plan Includes:
- Advanced Data Room Features
- Live Trainings & Project Management
- 24/7 Email & Phone Support in 12 Languages
- Custom Branding (Corporate Identity)
- Custom Invitations and Login Page
- Custom Terms of Acceess
- Q&A Process Management
Advanced platform for custom workflows.
On-Premise. API Integrations. Compliance.
Everything in Pro, Plus:
- On-Premise Deployment
- White Label & Custom Domain
- Active Directory & Single Sign On
- API Integrations
- Premier Technical Support
- Custom Workflows and Features
Here you can also see pricing and plans of other virtual data room providers
The essentials for the value conscious pros to get started
The best for driving high performance outcomes with confidence
No compromise. Manage critical risks & complex transactions
Simple, secure document sharing for company owners.
Simple, secure data room for small projects.
Full service data room for mid to large sized deals.
12 Month Plan
For long term projects and repeat use cases such as fundraising
3 Month Plan
For short term projects such as M&A, divestments, and bankruptcy
For clients running multiple concurrent deals.