# FirmRoom Virtual Data Room Reviews **Vendor:** DealRoom **Category:** [Virtual Data Room Software](https://www.g2.com/categories/virtual-data-room-vdr) **Average Rating:** 4.6/5.0 **Total Reviews:** 22 ## About FirmRoom Virtual Data Room FirmRoom is a cloud-based virtual data room designed primarily for the financial sector. The solution helps organizations to manage mergers and acquisitions due diligence through document management and file sharing. Key features include data tracking, data analytics, audit trails, customized notifications, individual and bulk invitations, bulk file upload and a user activity tracker. ## FirmRoom Virtual Data Room Pros & Cons **What users like:** - Users value the **easy collaboration** features of FirmRoom, enhancing communication and document sharing during critical processes. (5 reviews) - Users value the **ease of use** of FirmRoom, thanks to its intuitive interface and seamless setup process. (5 reviews) - Users appreciate the **seamless integrations** with Salesforce and Microsoft Office, enhancing their deal management experience effortlessly. (4 reviews) - Users value the **granular permissions** in FirmRoom Virtual Data Room, enhancing secure document sharing and efficient collaboration. (3 reviews) - Users praise the **easy setup** of FirmRoom, enabling quick onboarding and migration for a smooth start. (3 reviews) - Intuitive Use (3 reviews) - Navigation Ease (3 reviews) - Secure Sharing (3 reviews) - Communication (2 reviews) - Customer Support (2 reviews) **What users dislike:** - Users note the need for **inadequate reporting** options in FirmRoom, wishing for more advanced customization and analytics. (3 reviews) - Users feel that the **limited customization options** in FirmRoom restrict their ability to tailor the experience fully. (2 reviews) - Users note that **file management can be cumbersome** , especially when handling large volumes or needing bulk updates. (1 reviews) - Inefficiency (1 reviews) - Users may experience a **learning difficulty** with FirmRoom's features, requiring time to fully understand the platform. (1 reviews) - Notification Issues (1 reviews) ## FirmRoom Virtual Data Room Reviews ### 1. Secure and Intuitive Data Management **Rating:** 4.5/5.0 stars **Reviewed by:** George W. **Reviewed Date:** January 24, 2026 **What do you like best about FirmRoom Virtual Data Room?** I use FirmRoom Virtual Data Room primarily to securely organize and share sensitive documents during fundraising, due diligence, and investor communications, which helps me keep all critical files in one structured and secure place. I like that it makes collaboration with investors and internal stakeholders much smoother, with clear permission settings and activity tracking. It solves the problem of managing and sharing sensitive documents without the risk of using unsecured file-sharing tools, centralizing everything in a secure environment which makes permissions easy to manage. What I like most about FirmRoom is how clean, intuitive, and purpose-built it feels for fundraising and due diligence. The interface is easy to navigate, reducing confusion and saving time. I appreciate the granular permission controls and activity tracking that give me confidence in document access. The Q&A and document request features keep communication organized. The initial setup was quite easy and straightforward, making getting started quick and stress-free compared to more complex data room tools. **What do you dislike about FirmRoom Virtual Data Room?** While FirmRoom Virtual Data Room works very well overall, there are a few areas where it could be improved. Some advanced customization options—such as more flexible reporting or deeper analytics on document engagement—feel a bit limited compared to larger enterprise data room solutions. At times, managing very large volumes of files or making bulk updates could be more streamlined. Additionally, while the interface is clean, new users may still need a short learning period to fully understand all features. Overall, FirmRoom is strong and reliable, but adding more advanced analytics, bulk management tools, and customization options would make it even more powerful. **What problems is FirmRoom Virtual Data Room solving and how is that benefiting you?** I use FirmRoom Virtual Data Room to securely organize and share sensitive documents, preventing chaos and stress from email threads. It centralizes files, simplifies permissions management, and tracks document access, saving time and maintaining organization during fundraising and due diligence. ### 2. Accessible and easy to use. The best entry option available on the market. **Rating:** 5.0/5.0 stars **Reviewed by:** Daniel R. | M&A Adviser, Small-Business (50 or fewer emp.) **Reviewed Date:** August 29, 2022 **What do you like best about FirmRoom Virtual Data Room?** FirmRoom is a ready-to-use Virtual Data Room, offering accessible plans starting from 10 GB and unlimited users, including administrators. The easy Drag and drop feature helps o quickly start the project. **What do you dislike about FirmRoom Virtual Data Room?** As an entry-level virtual data room option, it does not have a Q&A area for users to interact with each other. Although this version does not have instant phone support, it is an easy-to-use friendly platform. **What problems is FirmRoom Virtual Data Room solving and how is that benefiting you?** FirmRoom is a great solution for supporting Mergers and Acquisition Transactions, specifically in the Due Diligence process for sharing and analyzing confidential information. ### 3. Excellent data room **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in Transportation/Trucking/Railroad | Mid-Market (51-1000 emp.) **Reviewed Date:** November 17, 2022 **What do you like best about FirmRoom Virtual Data Room?** Very easy to navigate with its simple layout and clear where to go to access files, make downloads, etc. **What do you dislike about FirmRoom Virtual Data Room?** When downloading individual files, I would like an option to keep the index #s in the file name **What problems is FirmRoom Virtual Data Room solving and how is that benefiting you?** Secure document storage and sharing ### 4. Helpful solution for secure documents management **Rating:** 5.0/5.0 stars **Reviewed by:** Alexey M. | Designer & Illustrator, Small-Business (50 or fewer emp.) **Reviewed Date:** March 30, 2022 **What do you like best about FirmRoom Virtual Data Room?** It helps manage documents and share info between colleagues and clients easily. It also allows to manage their permissions which are very flexible and easy to understand. Also it is very useful when you need to upload large size files and share it with intended users which is sometimes not possible in other tools or data rooms **What do you dislike about FirmRoom Virtual Data Room?** Missing Outlook and any emails integration **What problems is FirmRoom Virtual Data Room solving and how is that benefiting you?** It helps manage documents and share info between colleagues and clients easily. It also allows to manage their permissions which are very flexible and easy to understand. Also it is very useful when you need to upload large size files and share it with intended users which is sometimes not possible in other tools or data rooms. ### 5. It was fast, timely responding, and secure. **Rating:** 4.5/5.0 stars **Reviewed by:** Waleed M. | Engineering and Sustainability Manager, Mid-Market (51-1000 emp.) **Reviewed Date:** July 21, 2022 **What do you like best about FirmRoom Virtual Data Room?** High security, timely response to uploads, the ability to authorize specific people for specific documents. **What do you dislike about FirmRoom Virtual Data Room?** It was good experience but I think that reducing the email notifications will be less annoying. **What problems is FirmRoom Virtual Data Room solving and how is that benefiting you?** Sharing private documents were a great deal for our company, especially with the current threats. FirmRoom provided us a secured solution. ### 6. FirmRoom Accelerated our deal making **Rating:** 5.0/5.0 stars **Reviewed by:** Adam H. | Consultant **Reviewed Date:** April 20, 2022 **What do you like best about FirmRoom Virtual Data Room?** We've used a few different data rooms in the past and now that we've been with FirmRoom, we find that it truly offers the much-needed intuitive functionality, that, even as experienced dealmakers, allows us to work as efficiently and effectively as ever **What do you dislike about FirmRoom Virtual Data Room?** data room index might be a little overwhelming for the first few days, but once our team got acclimated, it actually became an advantage **What problems is FirmRoom Virtual Data Room solving and how is that benefiting you?** We used FirmRoom to improve our deal processes and avoid unnecessary mistakes we've been experiencing due to poor communication and other aspects that came with us using inadequate software and tools. ### 7. FirmRoom Virtual Data Room Experience Feedback› **Rating:** 4.0/5.0 stars **Reviewed by:** William G. | Senior Vice President, Small-Business (50 or fewer emp.) **Reviewed Date:** March 09, 2022 **What do you like best about FirmRoom Virtual Data Room?** The security protocols for who can and cannot access the information uploaded to the firmroom portal **What do you dislike about FirmRoom Virtual Data Room?** After working in the system the past 6 months or so, there wasn't really anything that I disliked. Once we got used to the interface, it was easy to use. **What problems is FirmRoom Virtual Data Room solving and how is that benefiting you?** The problems we were trying to solve with the FirmRoom was the uploading of confidential information to be shared with a prospective purchaser of a company. ### 8. Attorney **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in Legal Services | Mid-Market (51-1000 emp.) **Reviewed Date:** July 20, 2022 **What do you like best about FirmRoom Virtual Data Room?** Ease of use; ability to keep everything in one place and share will all interested parties **What do you dislike about FirmRoom Virtual Data Room?** The ability to send a message to all deal participants was easy once figured out, but was not evident initially how to do it. **What problems is FirmRoom Virtual Data Room solving and how is that benefiting you?** Making deals more streamlined ### 9. Easy Secure File Access **Rating:** 5.0/5.0 stars **Reviewed by:** Jeremy K. | Chief Executive Officer, Small-Business (50 or fewer emp.) **Reviewed Date:** March 09, 2022 **What do you like best about FirmRoom Virtual Data Room?** I used Firm Room in collaboration with a client and their third-party agency in order to workshop a secure presentation. Without Firm Room, our collaboration would've been much more onerous. **What do you dislike about FirmRoom Virtual Data Room?** The design of the tool could be a bit more updated and/or sleek. I didn't get too deep into using the tool though - for what I needed, the tool worked just fine. **What problems is FirmRoom Virtual Data Room solving and how is that benefiting you?** We used Firm Room to exchange a PowerPoint presentation that contained secure information. Several iterations of the PowerPoint were made and needed to be sent and reviewed securely. ### 10. It is ok. I have no complains about the platform, but didn't blow my mind **Rating:** 3.5/5.0 stars **Reviewed by:** Verified User in Computer Software | Small-Business (50 or fewer emp.) **Reviewed Date:** July 14, 2022 **What do you like best about FirmRoom Virtual Data Room?** It is fast and well organized, It's easy to use, read and download the documents you need. **What do you dislike about FirmRoom Virtual Data Room?** I don't have any dislikes to put in here, I used almost 10 VDR platforms and they are all kind of the same. The big difference is whether they have bugs or run slow **What problems is FirmRoom Virtual Data Room solving and how is that benefiting you?** M&A deals with sharing information. That's why i'm using it. ### 11. Easy to quickly find the files I need and helpful email alerts when new files are uploaded. **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in Retail | Small-Business (50 or fewer emp.) **Reviewed Date:** July 14, 2022 **What do you like best about FirmRoom Virtual Data Room?** 'Recent files' tab to look at latest files uploaded. **What do you dislike about FirmRoom Virtual Data Room?** N/A - this is the only type of data sharing platform I've used so don't have much to compare against. Overall great experience! **What problems is FirmRoom Virtual Data Room solving and how is that benefiting you?** Access and keep track of data while working on a private equity deal. Enables organized and efficient access to data. ### 12. Excellent Service **Rating:** 5.0/5.0 stars **Reviewed by:** Chrissy K. | C, Small-Business (50 or fewer emp.) **Reviewed Date:** March 09, 2022 **What do you like best about FirmRoom Virtual Data Room?** Security and ease of use. Top-quality and not too expensive. **What do you dislike about FirmRoom Virtual Data Room?** Nothing it is a great system and would recommend it to everyone. **What problems is FirmRoom Virtual Data Room solving and how is that benefiting you?** Nothing it is easy to use and meets all of our needs. ### 13. Happy Customer **Rating:** 4.0/5.0 stars **Reviewed by:** Verified User in Law Practice | Small-Business (50 or fewer emp.) **Reviewed Date:** July 15, 2022 **What do you like best about FirmRoom Virtual Data Room?** The user-friendly and easy interface, it is very straightforward **What do you dislike about FirmRoom Virtual Data Room?** I wish there was more of a selection of permissions thanks **What problems is FirmRoom Virtual Data Room solving and how is that benefiting you?** Sharing documents between companies, it helps to speed up efficency ### 14. Incredible **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in Law Practice | Small-Business (50 or fewer emp.) **Reviewed Date:** July 15, 2022 **What do you like best about FirmRoom Virtual Data Room?** I liked the ease at which I could view and download the documents. **What do you dislike about FirmRoom Virtual Data Room?** It was not easy to copy and paste the document titles. **What problems is FirmRoom Virtual Data Room solving and how is that benefiting you?** Not crashing ### 15. It was easy to maneuver. I wish the search function was a bit better. **Rating:** 4.0/5.0 stars **Reviewed by:** Verified User in Legal Services | Small-Business (50 or fewer emp.) **Reviewed Date:** July 14, 2022 **What do you like best about FirmRoom Virtual Data Room?** It was pretty user friendly -- easy to w **What do you dislike about FirmRoom Virtual Data Room?** The search function wasn't helpful with a lot of data **What problems is FirmRoom Virtual Data Room solving and how is that benefiting you?** Due diligence for law firm ### 16. Easy to Use and Secure **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in Management Consulting | Small-Business (50 or fewer emp.) **Reviewed Date:** March 09, 2022 **What do you like best about FirmRoom Virtual Data Room?** The virtual data room was secure (which is important) and made it easy to access documents for a due diligence process. The product was easy to use and accessible. **What do you dislike about FirmRoom Virtual Data Room?** There is nothing to report on disliking the product as it was easy to use and made accessing the documents fairly seamless. **What problems is FirmRoom Virtual Data Room solving and how is that benefiting you?** I was given access to the FirmRoom Virtual Data Room for a due diligence process and needed to access confidential documents. The Data Room made it easy and secure. ### 17. Easy to use, great value for price **Rating:** 4.5/5.0 stars **Reviewed by:** Verified User in Financial Services | Small-Business (50 or fewer emp.) **Reviewed Date:** March 17, 2022 **What do you like best about FirmRoom Virtual Data Room?** This platform is designed well and super to navigate which leads to more efficient workdays. Can't get a better value for the price. **What do you dislike about FirmRoom Virtual Data Room?** Nothing to note as I haven't run into an issue yet. **What problems is FirmRoom Virtual Data Room solving and how is that benefiting you?** Improved efficiency and security. ### 18. Very good experience on the platform **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in Investment Banking | Enterprise (> 1000 emp.) **Reviewed Date:** March 09, 2022 **What do you like best about FirmRoom Virtual Data Room?** Ease of use. It is client friendly and makes my life a lot easier as it saves me time **What do you dislike about FirmRoom Virtual Data Room?** Sometimes, clients like to choose other providers due to experience **Recommendations to others considering FirmRoom Virtual Data Room:** have fun **What problems is FirmRoom Virtual Data Room solving and how is that benefiting you?** I have had no problems. Benefits are countless ### 19. Vice President, Investment Banking **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in Consumer Goods | Mid-Market (51-1000 emp.) **Reviewed Date:** March 16, 2022 **What do you like best about FirmRoom Virtual Data Room?** Super user friendly with the most features for value. Always reliable and consistent **What do you dislike about FirmRoom Virtual Data Room?** I do not have any negative feedback on this platform **What problems is FirmRoom Virtual Data Room solving and how is that benefiting you?** Realized efficiencies on deals from the platform with the built in tracker ### 20. VDR for insolvency resolution **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in Oil & Energy | Small-Business (50 or fewer emp.) **Reviewed Date:** July 29, 2021 **What do you like best about FirmRoom Virtual Data Room?** The user interface is very simple and easy. All the required features are available and are accessible **What do you dislike about FirmRoom Virtual Data Room?** Nothing as such. I have used many VdR and i feel this is the best so far **Recommendations to others considering FirmRoom Virtual Data Room:** Dont think, just go ahead. Hands down best VDR **What problems is FirmRoom Virtual Data Room solving and how is that benefiting you?** I am facilitating a due diligence for investors to buy a sick company and turnaround the same. ### 21. Neutral experience. **Rating:** 2.5/5.0 stars **Reviewed by:** Verified User in Management Consulting | Mid-Market (51-1000 emp.) **Reviewed Date:** March 30, 2021 **What do you like best about FirmRoom Virtual Data Room?** I liked the watermark! That's important for security, and so many dataroom lack essential features such as this. I also like that it is easily accessible via the internet. **What do you dislike about FirmRoom Virtual Data Room?** I wouldn't say I liked that I could not download the document from the dataroom. I only had access to the CIM, and sometimes the zoom was too intense for my laptop. I would have preferred it in PDF format. **What problems is FirmRoom Virtual Data Room solving and how is that benefiting you?** The main problem FirmRoom is solving is the issue of secure and traceable access to confidential documents. Confidential data must be securely transmitted, and access by all relevant parties tracked. ### 22. Good Product **Rating:** 4.0/5.0 stars **Reviewed by:** Verified User in Automotive | Small-Business (50 or fewer emp.) **Reviewed Date:** July 29, 2021 **What do you like best about FirmRoom Virtual Data Room?** Very easy to set up, intuitive interfaces **What do you dislike about FirmRoom Virtual Data Room?** Other solutions are free, so we ultimately could not justify the cost for what we were using it for (seed round raise) **What problems is FirmRoom Virtual Data Room solving and how is that benefiting you?** great solution for due diligence data room for fundraising ## FirmRoom Virtual Data Room Discussions - [What is a private virtual room?](https://www.g2.com/discussions/what-is-a-private-virtual-room) - [What is a virtual data room used for?](https://www.g2.com/discussions/firmroom-virtual-data-room-what-is-a-virtual-data-room-used-for) - [What is best virtual data room?](https://www.g2.com/discussions/what-is-best-virtual-data-room) - [What is virtual data room software?](https://www.g2.com/discussions/what-is-virtual-data-room-software) - [View FirmRoom Virtual Data Room pricing details and edition comparison](https://www.g2.com/products/firmroom-virtual-data-room/reviews?section=pricing&secure%5Bexpires_at%5D=2026-05-13+15%3A42%3A32+-0500&secure%5Bsession_id%5D=f91ced87-3536-4551-a282-38c48f15d37f&secure%5Btoken%5D=bb84baec4d9da61dfa65ef88fd5f0d1ea4d89a4e036df85ad68abea7e98d9c10&format=llm_user) ## FirmRoom Virtual Data Room Features **Platform Additional Functionality** - Watermarks **Platform Basics** - Document Permissions - Mobile - Document Security **Platform Content** - File Sharing **Platform Data** - Reporting **Platform Performance** - Bulk Upload - Full Text Search ## Top FirmRoom Virtual Data Room Alternatives - [Ideals Virtual Data Room](https://www.g2.com/products/ideals-virtual-data-room/reviews) - 4.7/5.0 (799 reviews) - [DocSend](https://www.g2.com/products/dropbox-docsend/reviews) - 4.6/5.0 (559 reviews) - [Datasite Diligence](https://www.g2.com/products/datasite-diligence/reviews) - 4.4/5.0 (397 reviews)