When selecting the best vdr service, you should be looking for one that comes with robust security protocols, complete control over access and two-factor verification. Make sure it comes with an integrated document viewer that is compatible with different formats of files, and a search function that categorizes documents using metadata. A reliable provider will be able to track user activities and track downloads uploads, and modifications. This information is essential for M&A transactions as well as other major projects that require a lot of files.
Startups are typically busy and have no time to study complex platforms or use clunky user interfaces. It’s crucial to choose a VDR with a quick learning curve, and with 24/7 support. You can then concentrate on your business rather than worrying about technical issues.
IDeals VDR is a secure virtual data room widely used in M&A deals as well as due diligence. It has offices in more than 12 countries, and offers rapid installation and a simple interface. However it’s not as user-friendly as its rivals.
Another option for M&A is Portalstack. Its premium plan allows you to embed Google Sheets and share financial models or cap tables. Its Notion editor makes it simple to modify the VDR homepage. Furthermore, it can be integrated with other tools to speed up the transaction process. It is available for $39 per month as a starting price.
