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:
It allows for automatically applying an additional encryption key to all data you upload to the project.
I recently started using iDeals data room for my M&A projects and I must say, it has been a great experience so far. The interface is incredibly easy to use and the deployment process was a breeze. It’s really helped me to streamline my workflow and make sure that all the important documents are secure and accessible. Highly recommended!
Great data room!
You just know it when you find that perfect data room provider. I’ve tried several, and so far, iDeals is the best one for my needs.
My biggest concern was that my team will struggle to understand a new tool. But with iDeals, the onboarding process went very smoothly. We’re using the data room for occasional due diligence, and no one yet, including our partners, had any problems with understanding the interface.
Real Estate businesses should take a really good look at this data room. We’re using iDeals in our agency, and it makes the workflow so much easier.
We’ve been using iDeals for a couple of months now to manage the work with interns. As a pharmaceutical company, we have a constant flow of interns who need to get access to certain data. iDeals allows us to share files conveniently and safely. Also, it has all the certificates needed for our industry.
We always have a lot of interns who come and go in our company. So we needed a solution that will let us share required information with interns easily and safely. With granular access permissions and time restrictions iDeals works perfectly for our needs. And since we can see all the activities of interns in the data room, it’s easy for us to detect if something is wrong.
We’re using iDeals for fundraising for our social projects. This data room is simple enough for us to never have any issue with it, and for investors to not ask how to use it. We’re working with it for over two years, and I am completely satisfied with it. The interface is intuitive, there are plenty of features, and the data room is secure – what else to wish for?
As a financial services firm, we work with spreadsheets a lot, as you might imagine. So the Fence View feature in the iDeals data room is a lifesaver for us. A lot of my employees have to go to the client’s place to discuss some matters. And this function allows us to keep the information safe in public places.
My friend who also owns a company uses iDeals, so I decided to give it a try. Now I understand why she likes it – the data room is simple and offers every feature I can think of. Moreover, I have to share some very sensitive corporate information from time to time, and iDeals with all its security features seemed to be the only choice. I’m glad I can see the activity of others, it gives me peace of mind.
We tried other data rooms but stopped on iDeals because of the informative and colorful graphs it offers. It’s very convenient for us to use them during board meetings to evaluate the results.
I use this data room to share information with interns in my company, so the opportunity to set the expiration date for their profiles is great for me. I recommend iDeals!
I’m not quite good at technologies, so I looked for the data room that won’t leave my mind twisted. iDeals is perfect because the interface is easy to use, so neither I nor my workers have any issues.
This provider simply justifies its name. iDeals virtual data room is truly ideal! We get all the features we need packed in the neat and easy to work with interface. And the support team is very responsive – they’ve guided us through our first deal so that we can get all the benefits from the data room.
I was using another provider in my company but eventually decided to switch to the iDeals virtual data room. Why? Merely because it is way better than its rivals. The data room is full of useful and unique functions, yet the interface is not overwhelming.
Looking for a data room, we went through numerous providers. Finally, we chose the iDeals virtual data room because of the round-the-clock support and straightforward interface. And the decision was totally right. This provider fulfills all our needs.
Our partners suggested us to try iDeals virtual data room since they’re using it. And we’re thankful for this advice! This provider gives us everything we need to maintain a streamlined exchange of information within the company and beyond it. And the support team was very helpful, guiding us through our first steps.
Our company is using iDeals VDR for three years already, and during this time we only heard that the support team is available 24/7. Because we never had the need to use it. This provider offers the most simple interface ever managing to pack into it all the numerous features. It is a great data room!
We chose iDeals VDR for our company because of the features it has. This data room offers every function you can think of from basic ones like automatic indexing and full-text search to more unique like fence view. There even is a scroll-through viewer that automatically brings the next file after the current one is viewed. This provider is perfect to the details!
While other providers are great only on the paper, iDeals is perfect in real action. This provider helps our company to close deals successfully for more than two years. And even though iDeals VDR was our first experience with data rooms, we would never want to try another provider. A wide set of features, well-thought interface, and the overall sense that you’re taken care of – that’s what iDeals customers get.
As a law firm, we needed some solution that will not just keep the data safe but allow us to work with customers productively. iDeals virtual data room fits our needs just fine, providing us with security features like remote shred and secure spreadsheet viewer. Also, it makes data management very simple. And the interface is easy to use, so our clients don’t have issues with it.
We are absolutely satisfied with this provider. iDeals VDR has every function we need – watermarks, fence view, integration with Windows Explorer, and many others. We’ve tried several different providers before this one, and iDeals is merely the best one.