Drooms

Data room provider, Drooms, is based in Frankfurt, Germany, and Zug, Switzerland. They are Europe’s leading data room provider and have been helping their customers since 2001. Their main clientele consists of real estate companies, advisors, law firms, and corporations. Even though based in Europe, the organization provides services worldwide. 

What does Drooms do best?

Drooms data room can be used in multiple ways. One of those ways includes Due Diligence. Their Drooms Transaction VDR is a dedicated space for a successful due diligence process to take place. High-speed document processing is one of the perks of this VDR solution.

Asset lifecycle management is also possible with Drooms Portfolio VDR. You can translate your documents, add questions and answers, and even note and highlight the provided data. It is also a VDR that is accessible from a browser.

Drooms features:

• Permission settings. You can easily control who has access to what files.
• Audit trail. Easily backtrack any changes in documents.
• Secure file viewer. Make sure the files are protected by a set of security protocols to make sure there won’t be any security breach in the company 
• Collaboration tools. Enjoy the suite of tools designed to improve cooperation and workflow.

Drooms solutions 

Apart from the Drooms Transaction and Portfolio VDR, the provider also has other solutions that make them stand out in the VDR industry.

• Drooms Findings Manager is a tool created to digitize the document review phase. It searches out phrases and helps categorize data. This makes it easier to review the process and the transactions of the company. The user is provided with transparency and accessibility. 
• Drooms Services is dedicated to everything else that might be connected to virtual data rooms. Project management, document structuring, physical data room management, and digitization can all be taken care of by the Drooms team.

As per the customer reviews, Drooms clients appreciate the provider’s customer support as they are easy to get along with and they take special care of the problems that their users might encounter.

Drooms Pricing

Drooms provides three main pricing options designed to accommodate different project scales and user requirements: Free Trial, Flex, and Enterprise. Each plan includes core features such as secure document management, collaboration tools, and access to Drooms’ advanced technology stack.

Free Trial

• Cost: $0.00
• Duration: 30 days
• Users & Storage: Up to 5 users and 1 GB of storage
• Features: All Flex features are included during the trial period

This plan is designed for those who want to explore Drooms’ functionalities without upfront commitment. It provides enough capacity for small-scale tests or brief due diligence checks. After 30 days, users can decide whether to upgrade to a paid plan.

Flex

• Pricing: $20.90 per user/month
• Storage Allocation: 1 user = 300 MB; each additional user adds another 300 MB
• Feature Set: Eleven core data room features included
• Payment Model: Pay as you go

The Flex plan suits individuals or teams seeking a straightforward data room solution. It scales by allowing organizations to pay based on how many user licenses they need, with each extra license adding to the total storage. Key tools cover most due diligence and document-sharing scenarios. Users have the flexibility to cancel or expand licenses as projects change in scope.

Enterprise

• Pricing: Custom offer based on project size and requirements
• User & Storage Limits: Unlimited users and unlimited GB
• Features: Full Drooms feature set plus a dedicated Customer Success Manager

Enterprise caters to high-volume or complex transactions that demand a wide range of functionality. With unlimited licenses and storage, it’s ideal for organizations running multiple concurrent deals or large-scale projects. A dedicated Customer Success Manager assists with setup, data migration, onboarding, and ongoing support to ensure smooth operations.

Key Takeaways

• Scalability: Flex grows as additional user licenses are added. Enterprise’s unlimited capacity caters to firms handling multiple simultaneous deals.
• Budget Management: With a monthly pay-as-you-go model for Flex, smaller transactions can be completed without tying up significant resources.
• Full Feature Access: Enterprise covers all advanced capabilities, making it suitable for large M&A projects or other complex processes requiring extensive customizations.

Drooms’ pricing structure thus allows both small and large teams to benefit from secure and user-friendly data rooms, with transparent cost levels that match distinct business needs. For more detailed information or tailored offers, Drooms recommends contacting their sales team directly.

Companies like Drooms take special care of their customers and provide a tailor-fit virtual data room for any problem their customer might encounter. Through their Findings Manager and Services solutions they are able to solve most of your issues. See for yourself.