SecureDocs gives you a basic data room.Peony gives you an AI-powered one.
SecureDocs offers flat-rate pricing with unlimited users. But when you need AI document chat, screenshot protection, dynamic watermarks, NDA gating, and page-by-page analytics, you need Peony.Set up in under 5 minutes. No credit card required.
No credit card required
Side-by-side comparison
SecureDocs is a flat-rate virtual data room for startups and mid-market companies. Peony is a modern data room with screenshot protection, dynamic watermarks, NDA gating, and AI document chat — designed for fundraising, M&A, and due diligence.
PeonyWhy teams switch from SecureDocs to Peony
SecureDocs offers simple flat-rate pricing, but its feature set has not kept up with modern deal workflows. Teams switch to Peony for AI-powered intelligence, advanced security, and granular analytics.
AI document chat
SecureDocs has no AI capabilities. Peony lets investors and partners ask questions about your data room and get instant AI-powered answers pulled directly from your documents — around the clock, without waiting for your team to respond.
Screenshot protection
SecureDocs has no screenshot protection. Anyone who opens your documents can capture and forward them. Peony blocks screen captures, adds dynamic watermarks, and gates access behind NDAs to keep your deal documents confidential.
Page-by-page analytics
SecureDocs offers basic activity tracking. Peony shows you exactly which pages each investor read, how long they spent per slide, and their total viewing time — so you can prioritize follow-ups based on real engagement data.
Start free trial
SecureDocs charges $250 per month from day one — even if you only need to share a few documents. Peony lets you set up a data room, share documents, and track analytics at $0. When you scale, Pro ($20/admin/mo) gives you 200 GB and every premium feature.
Pricing comparison
SecureDocs offers flat-rate pricing at $250 per month. Peony starts free and includes AI document chat, screenshot protection, dynamic watermarks, and page-by-page analytics — features SecureDocs does not offer at any price.
Peony
Free
$0
2 GB storage, unlimited data rooms
Pro
$20/admin/mo
200 GB storage
Business
$40/admin/mo
1 TB storage
Data rooms, analytics, screenshot protection, watermarks, NDA gating, AI chat, and e-signatures included on all plans.
SecureDocs
Flat Rate
$250/mo
Unlimited users, basic VDR
Enterprise
Custom
Contact sales for pricing
No free tier. No screenshot protection. No AI features. No dynamic watermarks. No NDA gating. No e-signatures.
When to use each platform
SecureDocs works for teams that want simple, flat-rate pricing and basic data room functionality. Peony is the better choice when you need AI-powered intelligence, advanced security, and granular analytics for deal workflows.
Choose SecureDocs when you need
A basic data room with flat-rate, predictable monthly pricing
Unlimited users without worrying about per-seat costs
Simple document storage and sharing without AI or advanced features
A straightforward VDR for small to mid-market transactions
Choose Peony when you need
AI document chat so investors get instant answers without waiting for your team
Screenshot protection and dynamic watermarks to prevent unauthorized sharing of deal documents
Page-by-page analytics to see exactly which slides investors care about and prioritize follow-ups
NDA-gated access with built-in e-signatures for NDAs, term sheets, and closing documents
A modern, branded data room experience for fundraising, M&A, and investor relations
A free tier to share your first data room without a credit card
What Peony gives you that SecureDocs does not
Stop unauthorized screenshots of your deal documents
SecureDocs has no screenshot protection or dynamic watermarks. Anyone who opens your data room can capture every page and forward it. Peony blocks screen captures and stamps every page with the viewer's identity and timestamp — so if a document leaks, you know exactly who shared it.
Screenshot protection
Block screen captures of sensitive documents. SecureDocs has no equivalent — once a document is viewed, it can be screenshotted freely.
Dynamic watermarks
Every page stamped with the viewer's email and timestamp. Trace the source of any leak instantly — something SecureDocs simply cannot do.
NDA-gated access
Require investors to sign an NDA before they see a single page. Built-in e-signatures make it seamless — no separate signing tool needed.
Know exactly which slides your investors care about
SecureDocs offers basic activity logs. Peony shows you which pages were read, how long each investor spent per slide, and their total viewing time. Prioritize your follow-up calls based on real engagement data, not guesswork.
Let investors ask questions and get instant answers
SecureDocs has no AI capabilities. Peony's AI document chat lets investors and partners ask questions about your data room and receive instant, accurate answers pulled directly from your documents — 24 hours a day, 7 days a week. Close deals faster by removing information bottlenecks.
"Peony has been great for sharing documents with investors, employees, and customers. It's easy to use, good value, and new features are constantly being added. Definitely recommend!"
Ed Harris
Founder & CEO, Ligo Bio (YC S24)
Frequently asked questions
Is Peony a good alternative to SecureDocs?
Yes. Peony offers everything SecureDocs does — secure document sharing and unlimited users — plus AI document chat, screenshot protection, dynamic watermarks, NDA gating, and page-by-page analytics. Peony also offers a free plan ($0), while SecureDocs charges a flat $250 per month.
How does Peony pricing compare to SecureDocs?
Peony starts free ($0) with 2 GB of storage and unlimited data rooms. The Pro plan is $20 per admin per month (200 GB) and Business is $40 per admin per month (1 TB). SecureDocs charges a flat $250 per month for unlimited users. For small teams, Peony is significantly cheaper, and for larger teams Peony includes AI features and modern security that SecureDocs lacks.
Does Peony have screenshot protection like SecureDocs?
Peony includes screenshot protection on all plans, which blocks screen captures of sensitive documents. SecureDocs does not offer screenshot protection at any tier, leaving your data room documents vulnerable to unauthorized screenshots.
Can I use Peony as a flat-rate data room?
Peony offers a free tier with unlimited data rooms, so you can start without any cost. While Peony uses per-admin pricing on paid plans, small teams of one to six users pay less than SecureDocs' flat $250 per month — and get AI document chat, screenshot protection, and dynamic watermarks that SecureDocs does not offer.
Does SecureDocs have AI document chat?
No. SecureDocs does not offer AI document chat or any AI-powered features. Peony includes AI document chat that lets investors and partners ask questions about your documents and receive instant, accurate answers pulled directly from your data room — available around the clock. Peony also offers Smart Q&A, a structured 4-step workflow where counterparties submit questions, AI drafts responses, your team reviews, and approved answers are published.
What security features does Peony have that SecureDocs lacks?
Peony includes enterprise-grade security on every plan: AES-256 encryption at rest, TLS 1.3 in transit, and SOC 2-ready, GDPR, CCPA, and HIPAA compliance — plus screenshot protection, dynamic watermarks with viewer identity stamps, controlled redaction, NDA-gated access with built-in e-signatures, two-factor authentication, and link-level password protection. SecureDocs offers basic data room security but lacks screenshot protection, dynamic watermarks, and NDA gating.
Can I migrate from SecureDocs to Peony easily?
Yes. Peony is designed for quick setup — you can create your first data room in under 5 minutes. Upload your documents, configure security settings like watermarks and NDA gating, and share a single link. Most teams complete their SecureDocs-to-Peony migration in one session.
What is the biggest difference between Peony and SecureDocs?
The biggest difference is AI and modern security. SecureDocs is a traditional flat-rate VDR with basic functionality. Peony is a modern data room with AI document chat, auto-indexing with automatic document classification and full-text search, screenshot protection, dynamic watermarks, NDA gating, page-by-page analytics, and built-in e-signatures — all included on the free plan with no per-viewer or per-page limits.