FirmRoom is a self-service virtual data room (VDR) solution that emerged as a response to the overcharging practices of companies using per-page pricing models. In 2018, FirmRoom was created as a separate entity from DealRoom, aiming to provide a more cost-effective and streamlined VDR experience. Unlike traditional VDR providers that charged per page, FirmRoom recognizes the shift to cloud-based operations and offers a flat rate of only $500 per month, aligning with the needs of modern businesses while adhering to public business security standards.
With a trusted user base of over 2,000 top companies, FirmRoom leverages modern deal room technology to simplify various business processes, including M&A transactions, capital raising, divestitures, and secure document management. Getting started with FirmRoom is quick and efficient, with your virtual data room up and running in a matter of minutes. The platform also provides assistance in onboarding new team members, ensuring a seamless collaboration experience. FirmRoom places great importance on maintaining transparency in pricing, ensuring that no hidden fees or per-page charges will ever surprise users. Additionally, users have the option to save costs by signing up for a yearly plan or opting for monthly payments.
Key Features:
- Scalable storage and unlimited users: FirmRoom offers flexible storage options to accommodate varying data requirements, and there are no limitations on the number of users who can access the virtual data room.
- Industry-Leading Security Features: FirmRoom prioritizes data security and employs industry-leading security measures to protect sensitive information throughout the deal process.
- SAML 2.0/Single Sign-On (SSO): The platform supports SAML 2.0 and Single Sign-On (SSO) integration, enhancing user convenience and authentication processes.
- Amazon Web Services Data Centers: FirmRoom leverages the robust infrastructure of Amazon Web Services (AWS) data centers, ensuring reliable performance and data availability.
- 24/7 Service and Support: FirmRoom provides round-the-clock service and support to assist users with any inquiries or technical issues they may encounter.
- With its cost-effective pricing model, scalable storage, industry-leading security features, and dedicated support, FirmRoom offers a modern and user-friendly virtual data room solution for businesses of all sizes.
