Compare the Top Free Virtual Data Room Software as of April 2026

What is Free Virtual Data Room Software?

Virtual data room (VDR) software is a secure, cloud-based platform that allows organizations to store, manage, and share sensitive documents and data with authorized parties, typically during mergers, acquisitions, due diligence, or legal transactions. VDR software provides features like document encryption, secure file sharing, access controls, audit trails, and real-time collaboration, ensuring that only authorized users can view, download, or edit files. It is designed to protect sensitive information while facilitating seamless communication and collaboration between stakeholders. By using VDR software, businesses can improve document security, streamline transactions, and maintain compliance with legal and regulatory requirements during confidential processes. Compare and read user reviews of the best Free Virtual Data Room software currently available using the table below. This list is updated regularly.

  • 1
    Ansarada

    Ansarada

    Ansarada

    Ansarada is a SaaS company that provides world-leading AI-powered Virtual Data Rooms and dealmaking tools. These tools include advanced AI insights and automation, next level Q&A and collaboration, plus purpose-built, digitized and customizable workflows and checklists for M&A, capital raising, business audits, tenders and other high stakes outcomes. Unlike some competitor Virtual Data Rooms, Ansarada offers free trials, 24/7 localized expert support, integrated Q&A via email, AI-assisted deal prediction, plus easy drag and drop upload and superior document security controls. Ansarada is designed to drive stronger business outcomes based on best practices from over 35,000 transactions. More than just a Virtual Data room, Ansarada provides end-to-end deal management to help you maximize your potential and stay in control. Keep your files in a centralized repository for always-on deal activity, and share your files securely with Secure File Share.
    Starting Price: $399/month
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  • 2
    Box

    Box

    Box

    Box helps growing businesses manage and get more value from their content on one secure AI-powered platform. Combining file sharing, document management, workflow automation, e-signature, and AI tools in one place, Box empowers teams to reduce tool sprawl and improve visibility across all their files. Organizations use Box for secure internal and external collaboration, knowledge management, contract lifecycle management, onboarding, controlled documents, and audit-ready archiving. For teams adopting AI, Box is designed to connect AI to business content with permissions, governance, and auditability in one file system. The platform also supports compliance and security needs with features such as access controls, retention, classification, and protections for regulated environments, including support for requirements such as HIPAA and FINRA.
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    Starting Price: $5 per month
  • 3
    Pitchwise

    Pitchwise

    Pitchwise

    Pitchwise is a modern document sharing and data room platform built for founders, operators, and teams managing high-stakes external documents. Whether you are raising capital, sharing board updates, distributing reports, or sending proposals, Pitchwise replaces scattered attachments and uncontrolled links with structured, trackable sharing. Instead of guessing whether documents were reviewed, Pitchwise provides real-time engagement insights showing who opened your files, how long they spent reviewing them, and which sections received the most attention. Teams can create secure data rooms to organize financials, legal documents, and sensitive materials for due diligence, while maintaining full control over access, permissions, and document visibility. Pitchwise helps teams move from reactive document sharing to a structured workflow where clarity, visibility, and control are built into every interaction.
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    Starting Price: $13/month/user
  • 4
    teamplate

    teamplate

    teamplate

    Teamplate is the game-changing solution that brings everything together onto one platform, revolutionizing the way businesses operate. This is an all-in-one collaboration tool from Germany with all the features teams need to increase productivity and facilitate cooperation. With Teamplate everything your team needs is at their fingertips. Engage in real-time conversations, share ideas, and effortlessly manage tasks all within a single, intuitive interface. By centralizing essential tools and functionalities in one platform, you’ll eliminate the frustration caused by app-switching, ensuring that your team can focus on what matters most – driving innovation and achieving remarkable results. Regardless of your industry, size, or goals, teamplate is designed to empower your company and unlock its full potential. From startups to multinational corporations, the all-in-one solution serves as a catalyst for growth and efficiency, creating a seamless workflow that propels
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    Starting Price: 0
  • 5
    DocSend

    DocSend

    DocSend

    Never send another attachment again. Securely share your documents with real-time control and insights—no matter where you're working. The secure document sharing platform everyone can use. Managing, sharing and tracking your important files is as easy as sharing a link. Increase security, control file downloads, and turn off access anytime. Be prepared for your next meeting with real-time intelligence. Update a file even after hitting send. And everyone automatically has the latest version. Our Gmail and Outlook plugins make uploading documents and sharing links a breeze. Protect your documents with passcodes and email verification, track if links are forwarded, or simply turn off access to take back control. Seamless, on-brand viewing experience. View on any device. No file downloads. Investors and business partners love DocSend’s easy, browser-compatible, mobile-first, viewing experience. Sharing Powerpoint? Keynote? Pdf? Gifs? We’ve got you covered.
    Starting Price: $10 per user per month
  • 6
    dotloop

    dotloop

    dotloop

    On average, every month, over 150 real estate brokerages and teams switch to dotloop's transaction management software. Currently supporting more than 9,000 brokerages and teams across the U.S. and Canada, dotloop touches more than 50% of all U.S. real estate transactions and has earned a near-perfect 98% Retention Rate. Not to mention a top-rated mobile app - 4.8/5 stars with over 42,000 reviews.
    Starting Price: $29.00/month
  • 7
    Kore

    Kore

    Kore

    Founded in 2016, Kore provides the first secure online infrastructure for private companies looking to raise capital. From issuing securities to shareholder relations and captable management. It's an an All-In-One Platform that streamlines the Capital Raise Process for RegCF, RegA+, and RegD offerings, while fostering lasting investor communications that transcends the raise itself, elevating your investor relationship. Investors, broker-dealers, law firms, accountants and investor acquisition firms all leverage our ecosystem solution. Kore also maintains a large online library of educational content to help companies navigate their capital-raising journey and investors looking to learn more about investment opportunities in the Private Capital Markets.
    Starting Price: $150 per month
  • 8
    Kahootz

    Kahootz

    INOVEM Ltd (trading as Kahootz)

    Accessible anytime, anywhere, our cloud collaboration software makes it simple for your internal and external stakeholders to teamwork in a secure online environment. Kahootz provides online workspaces, which can be configured for your specific business purpose. With little IT training or consultancy required, your teams can quickly set up new workspaces and begin collaborating across organisations in minutes. There’s no need to use multiple tools to collaborate. Kahootz’s features include document management, surveys and online databases so you can keep all of your data and insights in one place. To ensure your information is safe, Kahootz’s security credentials are independently audited to the high requirements of enterprises and government departments such as the UK’s Ministry of Defence.
    Starting Price: £5.50/month/user
  • 9
    Narrative

    Narrative

    Narrative

    Create new streams of revenue using the data you already collect with your own branded data shop. Narrative is focused on the fundamental principles that make buying and selling data easier, safer, and more strategic. Ensure that the data you access meets your standards, whatever they may be. Know exactly who you’re working with and how the data was collected. Easily access new supply and demand for a more agile and accessible data strategy. Own your data strategy entirely with end-to-end control of inputs and outputs. Our platform simplifies and automates the most time- and labor-intensive aspects of data acquisition, so you can access new data sources in days, not months. With filters, budget controls, and automatic deduplication, you’ll only ever pay for the data you need, and nothing that you don’t.
    Starting Price: $0
  • 10
    EthosData

    EthosData

    EthosData Virtual Data Room

    Close your M&A, IPO or fundraising deal faster with EthosData. A simple, secure and quick data room service to simplify your transaction. Using our award-winning service of easy-to-use data rooms and experienced teams of professionals, multiple parties can work on a deal’s confidential information. Our virtual data room has been used by 100,000+ user and we have helped to close $900+ billion deal value. You focus on your deal. We'll focus on your documents.
    Starting Price: $180/month
  • 11
    Ellty

    Ellty

    Ellty

    Ellty is a virtual data room built for founders, investors, and dealmakers who need to share sensitive documents securely throughout fundraising, M&A, and due diligence processes. With enterprise-grade security and detailed document analytics, Ellty gives teams full visibility and control over every deal. Use Cases: Fundraising — Share investor materials and track exactly how they engage with every page M&A & Due Diligence — Manage confidential deal documents in secure, structured data rooms Client Deliverables — Share proposals and reports through professional branded portals Board Management — Organize and distribute board materials with controlled access Core Features: Page-by-page document analytics showing precisely what viewers read and for how long Virtual data rooms with granular, role-based access controls Custom branding for client-facing document portals AES-256 encryption and enterprise-grade security infrastructure Dynamic watermarking
    Starting Price: $69 per month
  • 12
    Expero

    Expero

    Safelink

    Expero Virtual Data Rooms is a secure, user-friendly platform for storing, sharing and managing sensitive documents online. Designed for dealmakers, legal teams, and due diligence workflows, Expero helps organisations centralise information, enforce granular access controls, and collaborate with internal and external stakeholders with confidence.
    Starting Price: $90 per month
  • 13
    Teamplace

    Teamplace

    Teamplace

    Teamplace is the best online storage solution for easy teamwork. Whether you’re looking for a virtual collaboration room, want to work on documents in a team, or simply share files, Teamplace is the perfect location for your team projects. Documents, spreadsheets, presentations, videos, and much more, Teamplace makes storing, creating, and sharing files easier than ever before. Access team folders, upload files, edit documents, and collaborate with your team via your PC, Mac, and mobile device at any time. As a Germany-based company, we fully adhere to the national data protection laws as well as the provisions of the European Union’s General Data Protection Regulation. Every team is unique. To better meet the individual needs of each team, Teamplace is introducing new features and flexible upgrade plans. A new bonus model rewards active users. With two 5 GB workspaces, called Teamplaces, you’ll get plenty of space for your first projects for free.
    Starting Price: €5 per month
  • 14
    Peony

    Peony

    Peony

    Peony is a modern, secure virtual data room (VDR) built to streamline deal workflows from fundraising through due diligence. With AI-powered Q&A, one-click redaction, page-level analytics, NDA gating, dynamic watermarks, built-in e-signatures, and enterprise-grade security, Peony replaces clunky legacy VDRs with a fast, intuitive platform teams actually enjoy using. Upload unlimited documents, invite unlimited users, and track every view down to the page — no per-page fees, no storage limits, no setup costs, and no surprise invoices. Designed for boutique M&A advisors, private equity and venture capital funds, real estate teams, and high-growth startups, Peony gives deal teams the control, visibility, and speed needed to close faster. Whether you're raising a round, running a sell-side process, or sharing sensitive documents with investors, Peony keeps your data secure and your deal moving.
    Starting Price: $20 per month
  • 15
    Drooms

    Drooms

    Drooms

    With privately owned servers, external security audits, safe data processing practices, vulnerability management and encryption at rest, Drooms offers maximum security and GDPR compliance. With a clean design enabling a great user experience you can enjoy simplified working with no need for user manuals. With artificial intelligence (AI) and machine learning technology built into our virtual data room you can substitute repetitive manual processes with smart workflows. Prepare for your real estate transaction with Drooms' full proof index that provides the ideal folder structure and documents required for due diligence.
    Starting Price: $10.90/month/user
  • 16
    DataRooms.com

    DataRooms.com

    Datarooms.com

    The future of due diligence is here today—we streamline every step of the process, boost deal value and accelerate closings. Discover how ultra-secure information sharing with your internal and external audiences can boost collaboration and improve day-to-day operations. Our integrated marketing and user registration tools deliver the speed and power your real estate and energy transactions demand. Regardless of size or sector, today’s companies run on sending, receiving, creating and sharing information. Traditional mail and faxes play a role—and electronic tools like email, FTP and cloud-based file sharing can handle some basic functions. But when the stakes are high, and security and reliability are a must, firms are turning to the next generation of virtual data rooms. Virtual data rooms are sophisticated online information exchanges with robust document protection, communication and collaboration tools.
    Starting Price: $299 per month
  • 17
    RecordsKeeper.AI

    RecordsKeeper.AI

    RecordsKeeper.AI

    RecordsKeeper.AI is an AI-Powered Records Management Automation platform that leverages AI and Blockchain to automate and revolutionize record management. It transforms organizational records from a compliance burden into strategic intelligence through automated document handling, secure data rooms, and intelligent search capabilities. By combining powerful compliance automation with advanced security, RecordsKeeper.AI empowers businesses, government agencies, and professionals to make data-driven decisions and stay effortlessly audit-ready.
    Starting Price: $99/month/user
  • 18
    Plox

    Plox

    Respawn Technologies Private Limited

    Plox is a secure, AI-powered virtual data room provider built for startups, investors, and dealmakers to share and track sensitive documents with confidence. With unlimited data rooms and unlimited document uploads, Plox ensures you never hit caps as you grow. Its advanced security features include OTP-verified email access, password protection, allowlists, dynamic watermarks, and download restrictions. Powerful analytics let you see exactly who views your files, how long they spend per page, and what interests them most. Plox AI goes further by scanning pitch decks to automatically generate hooks, bios, and executive summaries, while extracting key metrics (MRR, ARR, ROI, revenue, etc.) into a dynamic dashboard with growth graphs. From customizable branding and data room presentations to real-time engagement insights, Plox makes fundraising and deal execution faster, smarter, and more transparent, all while keeping your most valuable documents secure.
    Starting Price: $19/month/user
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