- Virtual Data Rooms & Transaction Security
- Verified by vendor
Progress ShareFile Virtual Data Room is a secure file sharing and virtual data room platform for M&A due diligence, fundraising, audits, litigation, and other confidential business processes, with granular permissions, dynamic watermarking, real-time audit trails, and built-in Folder Q&A workflows.
Progress ShareFile Virtual Data Room is used by startups, SMBs, and enterprise organizations to manage due diligence and other sensitive document workflows. It combines secure file sharing with virtual data room capabilities such as Folder Q&A, check-in/check-out, granular permissions, and activity reporting, making it a popular alternative to traditional enterprise virtual data room solutions for many organizations.
Key Features
Granular security controls – User-, group-, and folder-level permissions with encryption in transit and at rest help protect confidential information.
Easy deployment & collaboration – Intuitive upload, organization, and secure sharing workflows simplify collaboration with internal and external stakeholders.
Automatic, customizable watermarks on viewed and downloaded documents help deter unauthorized sharing and improve traceability.
Folder Q&A – Centralized Q&A workflows streamline buyer, investor, or auditor questions and responses during due diligence.
Activity alerts & full-text search – Notifications for document activity and full-text search help teams monitor engagement and quickly find information.
Compliance & security – HIPAA-enabled configurations and SOC-certified security controls support organizations with regulatory and governance requirements.
AI Capabilities
ShareFile helps M&A and other deal teams accelerate due diligence with AI-powered document request generation, intelligent file organization, and secure collaboration in a virtual data room environment.
Integrations
Outlook integration to send/request files via secure ShareFile links, desktop sync apps, and Active Directory/SSO integration; integrates with Microsoft 365/Office for document collaboration workflows.
More Information
Progress ShareFile Virtual Data Room is used by startups, SMBs, and enterprise organizations to manage due diligence and other sensitive document workflows. It combines secure file sharing with virtual data room capabilities such as Folder Q&A, check-in/check-out, granular permissions, and activity reporting, making it a popular alternative to traditional enterprise virtual data room solutions for many organizations.
What sets it apart
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Suitable for startups and SMBs as well as larger organizations.
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Flexible enough to support fundraising, audits, and M&A.
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Desktop sync and simple sharing flows reduce friction for non‑technical users.
Key Facts
- Category
- VDR for SMBs & Enterprises
- Founded
- 1981
- Pricing
- Per-user subscription. VDR plan: USD 67.50–75.00 per user per month, minimum 5 users (effective floor ~USD 337–375/month). Annual subscription discounts may be available. Unlimited client (external) users at no additional cost.
- Deal Stage
- Transaction
- Target Market
- Corporate M&A, M&A Advisory, Private Equity, Venture Capital, SMBs, Startups
