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Peony vs LucidLink

File streaming is not document security.Get the data room you need.

LucidLink streams large creative files in real time. But when you need analytics, watermarks, NDA gating, and a complete data room for confidential deal sharing, you need Peony.Set up in under 5 minutes.

No credit card required

Side-by-side comparison

LucidLink is a cloud-native virtual file system for creative production. Peony is a secure virtual data room built for document sharing, tracking, and deal management.

Feature
PeonyPeony
LucidLink
Starting price
Free ($0)
$10/user/mo
Data rooms
Full-featured VDR
Not available
Page-by-page analytics
Included
Not available
Screenshot protection
Included
Not available
Dynamic watermarks
Included
Not available
NDA gating
Included
Not available
AI document chat
Included
Not available
Per-document access controls
Granular permissions
Folder-level only
Real-time file streaming
Not available
Core product
E-signatures
Built-in
Not available

Why teams choose Peony over LucidLink for document sharing

LucidLink excels at streaming large creative files. But for confidential document sharing with access controls, analytics, and security, Peony is the right tool.

Document analytics

LucidLink tells you nothing about how files are viewed. Peony tracks every page view, time spent per page, and scroll depth — so you know exactly what recipients focus on.

Document-level security

Peony includes screenshot protection, dynamic watermarks, NDA gating, 2FA, and link expiry on every plan. LucidLink offers basic folder-level permissions with no document-level security.

AI document chat

Peony lets recipients chat with your documents and get instant answers 24/7. LucidLink has no document intelligence or AI features — it is purely a file delivery system.

Start for free

Peony has a free tier with analytics, unlimited links, and AI chat included. LucidLink has no free plan — the cheapest option is $10 per user per month with no analytics or security features.

Pricing comparison

Peony gives you data rooms, analytics, AI chat, and enterprise-grade security — all included free. LucidLink charges per user with no analytics or document security.

Peony

Peony

Free

$0

2 GB storage

Pro

$20/admin/mo

200 GB storage

Business

$40/admin/mo

1 TB storage

Data rooms, page analytics, AI chat, watermarks, NDA gating, and e-signatures included on all plans.

LucidLink

Individual

$10/user/mo

File streaming only

Team

$25/user/mo

File streaming only

Enterprise

Custom

File streaming only

No data rooms, no page analytics, no watermarks, no NDA gating, no AI features.

When to use each platform

LucidLink excels at streaming large media files for creative production. Peony is the better choice when you need secure document sharing with analytics and access controls.

Choose LucidLink when you need

Real-time streaming of large video, 3D, or post-production files

A cloud-native file system that replaces on-premise NAS or SAN storage

Creative teams collaborating on raw media across locations

Only file delivery — no analytics, security controls, or data rooms needed

Peony

Choose Peony when you need

A secure data room for fundraising, M&A, or due diligence

Page-by-page analytics to see what investors and partners actually read

Document security: screenshot protection, watermarks, NDA gating, link expiry

AI document chat so recipients get answers instantly

Per-document access controls and granular permissions

A free tier to get started without a credit card

What Peony gives you that LucidLink does not

Dynamic watermarks and leak protection

Know exactly who leaks a document

LucidLink has no watermarking or leak protection — once a file is streamed to a user, it can be freely copied. Peony stamps every page with the viewer's identity and timestamp, so if a document leaks, you trace it instantly.

Peony Dynamic Watermark Controls
Page-by-page analytics

Know exactly what your recipients read

LucidLink offers no analytics on file access. Peony tracks every page view, time spent, scroll depth, and visitor detail. See which sections of your pitch deck or due diligence documents investors care about most.

Peony Analytics Interface
AI-powered document chat

Let recipients get instant answers from your documents

LucidLink is a file system with no intelligence layer. Peony lets viewers chat with your documents and get AI-powered answers instantly — reducing back-and-forth questions and speeding up due diligence.

Peony AI Document Chat

Screenshot protection

Block screen captures of sensitive documents. LucidLink has no equivalent — once a file is streamed, it can be captured freely.

Per-document access controls

Set granular permissions on every document — not just at the folder level. Control who sees what with precision that LucidLink cannot match.

NDA-gated access

Require viewers to sign an NDA before accessing documents. Built-in e-signatures make it seamless — no separate tool needed. LucidLink has no NDA or e-signature capability.

"Every now and then, you come across a product that has a massive positive impact on your business. Peony is one such product."
PM

Panos Moutafis

Founder & CEO, Zenus

Frequently asked questions

What is the difference between Peony and LucidLink?

Peony is a modern virtual data room built for secure document sharing with page-by-page analytics, dynamic watermarks, NDA gating, screenshot protection, and controlled redaction for blacking out sensitive sections. Peony enforces AES-256 encryption at rest, TLS 1.3 in transit, and SOC 2-ready, GDPR, CCPA, and HIPAA compliance on every plan. LucidLink is a cloud-native virtual file system designed to stream large creative files in real time. Peony is purpose-built for confidential deal sharing; LucidLink is purpose-built for creative production workflows.

Can LucidLink replace a data room?

No. LucidLink is a cloud file system that streams large media files to creative teams. It does not offer per-document access controls, viewer analytics, NDA gating, or watermarks. Peony is a full data room with all of these security and tracking features plus auto-indexing that automatically classifies, OCRs, and enables full-text search across every uploaded file — all included on every plan.

Is Peony good for sharing large files?

Yes. Peony supports files up to 5 GB per upload and provides 200 GB of storage on the Pro plan and 1 TB on Business. Unlike LucidLink, Peony also adds page-by-page analytics and security controls to every shared file.

Does Peony have a free plan?

Yes. Peony offers a free plan with 2 GB of storage, unlimited links, page analytics, and AI document chat — with no per-viewer, per-page, or per-link limits on any plan. LucidLink does not offer a free tier — its cheapest plan starts at $10 per user per month.

How does Peony compare to LucidLink on pricing?

Peony starts free and its Pro plan is $20 per admin per month with 200 GB of storage, full analytics, and data room security. Peony also includes Smart Q&A — a 4-step workflow where counterparties submit questions, AI drafts answers from your documents, your team reviews, and approved responses are published. LucidLink Individual is $10 per user per month and Team is $25 per user per month, but LucidLink does not include analytics, watermarks, or access controls. Peony delivers more security features at a comparable price.

Does Peony support video and creative file collaboration like LucidLink?

Peony is optimized for document-centric workflows — PDFs, pitch decks, spreadsheets, and contracts — with AI chat and page analytics. LucidLink is optimized for streaming large video, 3D, and post-production files. If your priority is confidential document sharing with analytics and security, Peony is the better choice.

Get a secure data room — not just a file system

Start free today. No credit card required. Set up in under 5 minutes.

No credit card required