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8.4

SpotScore

DealRoom - Project Management Software

DealRoom Review: Is It The Right Project Management Software For Your Team?

Best for SMB teams · Mid-market · Enterprise

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Starts from $500 / Month

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What is DealRoom?

DealRoom is a project-management software in the market. DealRoom allows your team to manage its projects, invoice clients, and request quotes, using an intuitive interface. Its flexibility promotes collaboration between team members, as users can easily move files from one location to another, invite new stakeholders, comment on documents, and more. DealRoom's analytics help teams identify bottlenecks in the project management process, allowing for faster flow of information between team members and management.

Pricing

  • Starts from $500 / Month

  • Free Trial available

Best For

Suited for solo users, small teams, SMBs, and enterprise

Security & Compliance

  • Data residency:🇺🇸

DealRoom Software Demo

DealRoom was reviewed internally using user feedback, in-house testing, and market research to assess its performance, reliability, and user experience. Learn how we review products and our evaluation process.

Who should consider DealRoom

Team types
Large Enterprises, Medium Business

Why teams choose DealRoom

  • DealRoom's intuitive interface promotes easy adoption among team members.

  • The built-in analytics help teams quickly identify and resolve project bottlenecks.

  • Collaboration features enhance communication among stakeholders.

Is DealRoom right for you?

What buyers should know before shortlisting DealRoom

DealRoom offers an intuitive interface and straightforward onboarding for virtual data room tasks. Users report that drag-and-drop file uploads, permission management, diligence tracking, and request organization work well for M&A transactions, due diligence, and secure document sharing.

The platform includes strong security controls and responsive customer support. Before shortlisting, verify three specific limitations in a demo.

File preview functionality fails on oversized PDFs—test with documents matching your typical file sizes. Login and setup occasionally encounter bugs; ask the vendor for their current stability metrics and typical resolution time.

Integration options are limited; if you need Outlook sync or e-signature platform connections, confirm whether DealRoom's roadmap includes these or whether you'll need workarounds. Pricing is competitive relative to other VDRs, but clarify what's included in your tier—client onboarding tools are less developed than in enterprise competitors, so factor in internal setup time.

Request a trial with your actual document types and user count to assess whether the interface meets your team's workflow needs.

Pros and cons

DealRoom pros and cons

  • DealRoom pros
  • DealRoom's intuitive interface promotes easy adoption among team members.

  • The built-in analytics help teams quickly identify and resolve project bottlenecks.

  • Collaboration features enhance communication among stakeholders.

  • DealRoom cons
  • May not have enough features for larger organizations.

  • Integration options are limited compared to competitors.

4.2/5 rating
60 verified reviews
Free trial available

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Still comparing?

See how it stacks up

Compare DealRoom side-by-side with top Project Management Software alternatives.

Quickbase
Smartsheet
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+12 more
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What is the pricing of DealRoom?

Free TrialAvailableTry Now →
PricingStarts from $500 / Month
Pricing Model
SubscriptionQuotation Based

Weighing your options?

Not sure if DealRoom fits your budget?

DealRoom reviews and ratings

Buyer sentiment

Buyer sentiment is positive across 60 reviews, with strong overall satisfaction.

What buyers like

  • Intuitive and user-friendly interface, making it easy to navigate and manage even for first-time users.
  • Highly secure platform for sharing sensitive and confidential documents.
  • Simplifies due diligence and post-merger integrations with features like request lists and diligence tracking.

Common complaints

  • Limited integrations with other platforms like Outlook, Google Docs, and e-signature tools.
  • Steeper learning curve for clients unfamiliar with the system, requiring additional effort to explain its benefits.
  • Some file-handling issues, such as difficulties with large Excel files or reordering files post-upload.

4.2

Very Good

Based on 81 ratings & 60 reviews

Are you using DealRoom?

Rating Distribution

Excellent

(37)

Very Good

(21)

Good

(2)

Poor

(0)

Terrible

(0)

What users are saying

UI

User in Commercial Real Estate

02/20/20

4 out of 5

Easy to use, secure network

What do you like best? Easy to use and log in, able to register and save username and password. Easy to download and view documents in folders. ...

Read more

JC

Jess Casale

06/07/19

5 out of 5

Agile, Dynamic, and Intuitive!

I have been using DealRoom for about five months. In my experiences, it has been effective for everything from daily task management to achieving ...

Read more

A

Anonymous

03/05/19

5 out of 5

Great platform and easy to use.

What do you like best? Simple to use, with great screen nearness and run of the mill structure. The association and usability makes it easy to use. ...

Read more

MP

Max P

03/05/19

5 out of 5

Great platform and easy to use.

What do you like best? Simple to use, with great screen nearness and run of the mill structure. The association and usability makes it easy to use. ...

Read more

H

Hunter

03/04/19

5 out of 5

Go To VDR

Go to VDR provider. Very user friendly and a nice interface. The diligence tracker that DealRoom offers is a great tool; it makes the diligence ...

Read more

AR

Anonymous Reviewer

12/27/18

5 out of 5

Great experience all around with Dealroom.

PROS & CONS What are the best aspects of this product? We have been using Dealroom for due diligence and post-merger integration processes. It was ...

Read more

Spotsaas advisor
Get a custom demo of DealRoom
  • See if DealRoom fits your business
  • Real pricing — no sales pressure
  • A demo or quick answers, your call

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Trusted by teams at

What are the features of DealRoom?

26%

Feature coverage

7 of 27 tracked features

Issue management is the method of identifying and resolving problems. For example, employee or vendor issues, technology failures, and suppl…

The most effective technique to manage the timeline factor is to track milestones. Effective project planning concentrates on the most criti…

Percent Complete is a field calculated based on Actual Duration and Duration, and it shows how far the project or tasks have progressed. Whe…

Project planning is a subset of project management, and it refers to the use of schedules such as Gantt charts to plan and track progress wi…

Status tracking is a method of accurately locating an object in transit from point A to point B using a decentralized and digital location l…

The technique of managing a task throughout its life cycle is known as task management. Planning, testing, tracking, and reporting are all p…

The process of recording and tracking hours spent and expenses related to projects is known as time and expense. Multiple timesheet and expe…

Security & Compliance

DealRoom security and data handling

Key compliance certifications and security features for IT and security teams evaluating DealRoom.

Certifications

HIPAA✗ Not certified

Developer & data

Data residency
🇺🇸

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Help & Contact

DealRoom Support Options

Customer Service24/7 (Live rep)Business HoursOnline
LocationChicago, IL

Frequently Asked Questions About DealRoom

Common questions buyers ask before choosing DealRoom.

DealRoom is a Project Management Software. DealRoom offers Time & Expense Tracking, Task Management, Status Tracking, Project Planning, Percent-Complete Tracking and many more functionalities.

Buyers commonly note the following limitations of DealRoom: May not have enough features for larger organizations.; Integration options are limited compared to competitors.; Pricing may not be the most competitive in the market..

Some top alternatives to DealRoom includes Quickbase , Smartsheet, ClickUp, Wrike and FirmRoom.

DealRoom offers Free Trial, Subscription, Quotation Based pricing models

We don't have information regarding integrations of the DealRoom as of now.

The starting price of DealRoom is $500/Month

Free buyer scorecard

Evaluate DealRoom with the project management software buyer scorecard

A weighted project management software scorecard to assess DealRoom objectively and compare it against the alternatives.

  • Weighted criteria you can edit
  • Score vendors side-by-side
  • Shareable with your buying committee

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About the reviewer

Rajat Gupta is the founder of Spotsaas. Over the past two years, he has reviewed 2,000+ tools across CRM, HR, AI, and finance — applying hands-on product research and a background in commerce and the CFA program to evaluate software through a business and ROI lens. His goal: help teams make software decisions they won't regret.

Disclaimer: This research has been collated from a variety of authoritative sources. We welcome your feedback at [email protected].