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Drooms

Name: Drooms
Price: Contact for Pricing USD
Author: Drooms GmbH

Backed By Drooms GmbH

Use this AI to streamline due diligence document review for M&A legal teams.

Legal & Compliance

Overview

Drooms is a secure virtual data room platform designed for legal due diligence, M&A, and real estate transactions. It offers granular permissions, audit trails, AI-powered document analysis, and automated Q&A workflows.

Use Cases

Secure document sharing

Automated Q&A workflows

Granular access control

Audit trails and compliance

Automated document review

Deal management integration

Top Integrations

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API

Product Info

Deployment Method

API-basedSaaS

Model Type

Closed Source

Support

Pricing

LIFECYCLE

1x Free Data Room

FLEX

From €17.90 per user/month/month

Monthly subscription (pay-as-you-go)

TRANSACTION / ENTERPRISE

Custom offer

Unlimited users and storage

Alternates Research On The Product

Top Features

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Q&A Module with attachments/linking

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Granular 4-level Permission Controls

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Real-time Reporting and Detailed Audit Trail

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Multi-factor Authentication (PIN/SMS)

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Personalized Watermarks

Strengths

Exceptional customer service and support, which is often described as 'perfect,' 'responsive,' and 'solution-oriented' 24/7.
High level of security, GDPR compliance, and the platform's reliability for handling confidential data.
Intuitive platform (Drooms NXG) for users; easy Q&A function and data loading system.
Advanced features like document translation and two-factor authentication.

Weaknesses

No data ownership policy explicitly stated in the public snippets.
UI/UX issues leading to a longer learning curve or low user adoption.
Search function issues for specific file types.
FLEX customers only receive technical support by email, not the dedicated 24/7 manager.
High price point for the TRANSACTION/Enterprise plan.

Reviews From The Web

Real user experiences from across different platforms

Working now for several years with Drooms. Assistance is perfect, helpful and nice to work with.

Maryam A.

Recent

GetApp (VDRSolutions.org/GetApp)

Recommendations

European-based companies requiring strict GDPR and data sovereignty compliance (Germany/Switzerland server location)

data sovereignty compliance (Germany/Switzerland server location).

Real estate firms managing large asset portfolios over the long term (Lifecycle Management)

over the long term (Lifecycle Management).

Users needing a simple VDR with no learning curve

Users needing a simple VDR with no learning curve.

Teams requiring native Android mobile access

Teams requiring native Android mobile access.

Final Verdict

AI-powered transaction speed combined with unmatched European security (GDPR, ISO certified) and 24/7 expert support for complex, confidential deals.

Best For

•European-based companies requiring strict GDPR and data sovereignty compliance (Germany/Switzerland server location).
•Real estate firms managing large asset portfolios over the long term (Lifecycle Management).
•Complex, large-scale M&A or Due Diligence transactions requiring 24/7 human support and AI automation.

Watch Out For

•Lack of guaranteed minimum uptime in general T&C.
•No data ownership policy explicitly stated in the public snippets.
•UI/UX issues leading to a longer learning curve or low user adoption.
•Search function issues for specific file types.

Interface is reported as not user-friendly and requires some training for new users. File search may not work effectively for all file extensions. No official Android mobile application support mentioned for VDR functions. General terms and conditions do not guarantee a minimum availability/uptime.

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