Best Data Room Apps of 2025

In the modern fundraising landscape, a robust data room app isn’t just about storing files—it's about providing organization, security, branding, analytics, and seamless collaboration. As we move through 2025, data rooms have evolved to meet these expectations. Here are the top data room apps of 2025, with one platform clearly leading the pack.

1. Peony

Website: https://peony.ink

Peony rises to the top as the best data room app of 2025, offering a modern, intelligent, and investor-centric experience. Key features include:

• AI-powered file organization that structures and updates your documents automatically.

• Branded data rooms for a polished, professional presentation tailored to investors.

• Engagement analytics to see exactly how your content is being consumed.

• AI-powered eSignature capabilities for streamlined, secure signing workflows.

• Advanced security and permissions that keep sensitive information safe while maintaining control.

Peony blends intelligence, design, and security into one seamless platform—making it the standout choice for founders, investors, and enterprises alike.

2. iDeals Virtual Data Rooms

Long recognized for enterprise-grade reliability, iDeals offers strong security controls and has a proven track record in mergers and acquisitions.

3. Intralinks

A trusted solution among major financial institutions, Intralinks provides robust functionality for compliance-heavy transactions, particularly suited for large-scale enterprises.

4. FirmRoom

FirmRoom offers a clean, intuitive interface with features like smart search and seamless uploading, making it a favorite for fast, focused M&A processes.

5. Datasite (formerly Merrill Datasite)

Built for large, complex deals—especially in investment banking and real estate—Datasite offers top-tier compliance and reporting capabilities.

6. SecureDocs

Known for its simplicity and flat-rate pricing structure, SecureDocs is ideal for startups and small funds wanting a no-frills but secure data room.

7. Ansarada

Fueled by AI, Ansarada offers automated risk analysis and Q&A workflows designed to streamline deal readiness and support faster decision-making.

8. DealRoom

DealRoom combines project management with data room functionality, offering built-in collaboration tools that enhance transparency during M&A and fundraising.

9. CapLinked

A flexible platform known for its user-friendly interface and customizable permissions—suitable for venture capital firms and corporate development teams.

10. DocSend (by Dropbox)

While not a full data room, DocSend provides link-based sharing with engagement tracking, making it a lightweight choice for exchanging pitch decks and investor updates.

Quick Comparison

Final Thought

Choosing the right data room in 2025 means selecting a platform that empowers clarity, builds trust, and accelerates your deal flow. While many apps offer unique strengths, Peony delivers the most comprehensive experience—making it the best data room app available today.