Freedom251 › Virtual Data Room Software
FirmRoom
What FirmRoom is
FirmRoom is a web-based virtual data room for secure document sharing, controlled access, and activity analysis. It is used for fundraising, mergers and acquisitions, due diligence, audits, divestitures, and internal transactions. Document tools include drag-and-drop uploads, automatic indexing, bulk downloads, bookmarks, version control, and a built-in viewer. Users can search rooms, inspect user- and document-level analytics, and follow a full audit trail. Granular permissions, view-only access, customizable watermarks, NDA collection, idle-user timeouts, and controls for adding or deleting users govern access. FirmRoom says it is SOC 2 certified, hosted on AWS, and protected with AES-256 encryption and two-factor authentication. It lists 99.9% uptime and says it has no back-end access to customer data rooms. Integrations include Salesforce, Slack, and Office 365, while support is available 24/7 by phone, email, or chat. Plans start at $395/mo for 2 GB, and a 14-day trial supports up to 10 invited users.
Who it suits
FirmRoom suits organizations handling confidential transactions and document-heavy workflows such as fundraising, M&A, audits, and due diligence. It is designed for teams needing controlled access and detailed activity records.
What it does well
- Granular permissions and NDA tracking
- Full audit trail and analytics
- Watermarks and view-only controls
- 14-day trial includes all features
- 24/7 support by phone, email, or chat
What to know first
- No free plan
- Starts at $395/mo
- Trial invitations limited to 10 users
- Starting plan includes 2 GB storage
Plans
| Plan | Billed and limits | Price |
|---|---|---|
| 10GB | $1,195/mo · ~100k pages · up to 5 active data rooms · 10 GB shared storage | $1,195 a month |
| 2GB | $395/mo · ~20k pages · up to 1 active data room · 2 GB total storage | $395 a month |
| 5GB | $795/mo · ~50k pages · up to 3 active data rooms · 5 GB shared storage | $795 a month |
As firmroom.com lists them, read 8 Oct 2026. The maker's own page has the final word.
Verdict
FirmRoom combines data-room document management with access controls, analytics, and audit records. Its paid starting price and storage limits should be weighed against the trial and security controls.
Facts from FirmRoom's own pages
- Access controls
- Users can set granular permissions and collect and track NDAs before granting access. · firmroom.com, 8 Oct 2026
- Availability
- The security page states 99.9% uptime and says FirmRoom does not have back-end access to customer data rooms. · firmroom.com, 8 Oct 2026
- Company
- FirmRoom says it spun out of DealRoom in 2018 as a self-service virtual data room. · firmroom.com, 8 Oct 2026
- Document management
- Plans include drag-and-drop uploads, auto indexing, bulk downloads, bookmarking, version control, and a built-in document viewer. · firmroom.com, 8 Oct 2026
- Founded
- 2018 · firmroom.com, 28 Sept 2026
- Integrations
- A FirmRoom article states that the product integrates with Salesforce, Slack, and Office 365. · landing-prod.firmroom.com, 8 Oct 2026
- Privacy controls
- The security page lists customizable watermarks and NDAs, automatic idle-user timeouts, view-only permissions, and controls to add or delete users. · firmroom.com, 8 Oct 2026
- Product
- FirmRoom is a virtual data room for secure document sharing, controlled access, and data analytics. · firmroom.com, 8 Oct 2026
- Search and analytics
- The product offers data room search, user- and document-level analytics, and a full audit trail. · firmroom.com, 8 Oct 2026
- Security
- FirmRoom says it is SOC 2 certified, hosted on AWS, and uses AES-256 encryption and two-factor authentication. · firmroom.com, 8 Oct 2026
- Support
- A FirmRoom article describes customer support as available 24/7 by phone, email, or chat. · landing-prod.firmroom.com, 8 Oct 2026
- Trial limit
- The 14-day trial includes all features and allows invitations for up to 10 users; paid plans include unlimited users. · firmroom.com, 8 Oct 2026
- Use cases
- The homepage describes fundraising, M&A, due diligence, audits, divestitures, and internal transactions as uses for FirmRoom. · firmroom.com, 8 Oct 2026
Where FirmRoom stands on Freedom251
- Virtual Data Room Software#14 of 23
- Data Room Software#21 of 32