Top User's Choice
Banking-grade security, excellent support, ease of use, and intuitive interface — these are four pillars of a great virtual data room. And this is what iDeals is best known for.
iDeals has an industry leading 99.95% uptime and offers 100+ features for secure document sharing and collaboration. The platform supports 25+ file formats and 15 languages, making it a versatile option for businesses of all sizes, from startups to large enterprises, across various industries including IT, finance, law, technology, real estate, energy, manufacturing, insurance, and healthcare.
The company’s global presence, with headquarters in London and ten additional offices around the world, further underscores its commitment to serving customers on a global scale.
Since its foundation in 2008, iDeals has been consistently recognized with multiple awards. The company has won the past 15 G2 Market Leader awards, including the latest Winter 2023 Leader, consolidating its reputation as the market’s most user-friendly data room, according to customers’ reviews.
Read the detailed review to learn why iDeals is one of the top choices for dealmakers looking for a reliable virtual data room.
iDeals is a modern, yet experienced company developing customer-oriented solutions.
Their virtual data room aims at making customers’ businesses more efficient and profitable. This business-oriented attitude starts with the company’s mission — “creating more prosperity in the world by accelerating high-stake business decisions.”
With a commitment to providing exceptional customer support and bank-grade security, iDeals offers an intuitive and user-friendly interface that is easy and fast to set up, making it a favorite among users with varying levels of technical expertise.
Not only is iDeals committed to providing a user-friendly experience, but the company also offers a virtual data room interface in 15 different languages, making it accessible to a wider audience.
Additionally, iDeals warmly welcomes new users and provides them with a free 30-day trial to explore the platform.
As per the support, all incoming calls are answered within 25 seconds, and issues are solved within 5 minutes.
When it comes to data security, iDeals takes it as a top priority. Among the variety of security measures, they offer 8 levels of access permissions, which means absolute control on who can access what and when, ensuring that confidential information is kept private. Besides, iDeals uses multiple certified data centers that guarantee physical security of users’ data.
According to online reviews, iDeals virtual data room is a favorite clients’ choice for conducting complex transactions such as M&A, especially for the due diligence process. This is what some of iDeals customers’ reviews say about it:
“All functions that we are looking in a data room are available (organizing documents, managing accesses, etc.), but the ability to generate reports and also to redact documents directly in the data room are two functions that I like best. There is really nothing that I dislike that I can think of.” — Caroline M., President and Managing Partner.
“When doing diligence with external parties, iDeals is such a great tool to be organized and professional. It is easy to navigate and when you have issues, their customer service team is 2nd to none!” — Angela T., Executive Assistant.
Users also indicate that iDeals makes due diligence smooth and effective due to the straightforward in-built Q&A workflow and multiple automations such as indexing.
They enjoy that they can easily post questions, assign experts inside the platform, and get tailor-made prompt notifications letting them know about new responses. Additionally, users praise the ability to attach documents in response to questions, which makes collaboration between all parties straightforward.
iDeals customers especially like the detailed reports on users’ activity inside the data room on a page-by-page basis and automatic e-mail notifications that inform about each activity. With these features, they always know what potential investors are most interested in and can react proactively, accelerating the deal.
iDeals has a subscription-based pricing model — three subscription plans created to serve different needs:
All subscription plans include:
Every subscription plan is based on the number of users, admins, and projects allowed as well as available storage capacity.
|Pro||1||5||Up to 10 GB||Unlimited|
|Business||Unlimited||Unlimited||Up to 250 GB||Unlimited|
|Enterprise||Unlimited||Unlimited||Up to 1 TB||Unlimited|
Below are the main advantages of using iDeals virtual data room:
iDeals considers customers’ data security a top priority and, therefore, offers a variety of security features. These can be divided into three groups — document security, access security, and security compliance.
iDeals’ customers often boast how much they enjoy its modern and easy-to-navigate interface. Below are the most popular features:
iDeals offers a variety of document security features that aim to keep users’ data confidential and protected:
iDeals helps to improve the collaboration within the project thanks to the set of Q&A tools:
It’s easy to manage users within the iDeals virtual data room using the following features:
Admins can track all the activity inside the virtual data room thanks to the reporting possibilities:
It allows for automatically applying an additional encryption key to all data you upload to the project.