Compare the Top Free Virtual Data Room Software as of January 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

    Store, sign, and secure your content on Box, the leading Intelligent Content Management platform. Built for the AI-first era, Box simplifies your tech stack and conserves cost with one secure, end-to-end solution for the entire content lifecycle. ✓ Unlock the value of your content with AI: Pair top AI models with your organization’s content to find information, extract insights, build custom AI agents, and automate the work that slows you down ✓ Get unlimited collaboration: Create, manage, and share files from anywhere, with anyone ✓ Protect your content: Secure your sensitive files and data, thanks to granular access controls, intelligent threat detection, and adherence to stringent compliance requirements ✓ Scale with 1,500+ integrations: Work from anywhere across all your team’s favorite apps and extend the power of Box with APIs
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    Starting Price: $5 per month
  • 3
    Pitchwise

    Pitchwise

    Pitchwise

    Raising capital shouldn’t mean losing control of your deck. Pitchwise gives founders a secure, trackable, and actionable way to share fundraising materials. You decide exactly how investors access your deck—require email, disable downloads, revoke links, or expire them at any time. Add your branding and custom URL, then layer in calls-to-action: let investors book a meeting on your calendar, ask feedback questions, or generate a one-pager form instantly. Every deck visit is tracked, so you see who viewed, how many times, where from, and how long they spent on each slide. Real-time notifications keep you in the loop. Pitchwise also helps you prepare better: access curated investor lists, plug-and-play templates, and a 200+ resource library covering decks, guides, and tools. Designed for founders, accelerators, and fundraising teams who want clarity and control in their investor interactions. Free to start, with Pro at just $13/user per month or $78/user annually (~$6.5/month).
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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 - Secure Document Sharing and Data Room Platform Ellty is a professional document sharing platform that helps businesses securely manage, track, and share sensitive documents. With advanced page-by-page analytics and enterprise-grade security, Ellty is the go-to solution for fundraising, M&A transactions, and client deliverables. Use Cases: - Fundraising - Share pitch decks with investors and track their engagement - M&A & Due Diligence - Manage deal documents in secure virtual data rooms - Client Work - Deliver proposals and reports through branded portals - Board Management - Organize and distribute board materials securely Core Features: - Page-by-page document analytics showing exactly what viewers read - Virtual data rooms with role-based access controls - Custom branding for client-facing portals - Military-grade AES-256 encryption - Dynamic watermarking and screenshot protection - Link expiration and password protection - Real-time notifications and eng
    Starting Price: $29 per month
  • 12
    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
  • 13
    Peony

    Peony

    Peony

    Peony is an all-in-one AI-powered file management, sharing, and analytics platform for teams, combining features of Google Drive, DocSend, DocuSign, and Dropbox. It offers a beautifully designed file manager with previews for many file types, auto-organization using AI, and natural-language search so you can ask questions, get summaries, and retrieve documents/folders without digging through menus. Sharing is branded and customizable—custom domains, logos, password protection, link expirations, watermarks, and permissions control (including screenshot protection and “burn after read” options). Peony includes built-in eSignature tools with AI-auto-fill of fields, ready-to-use agreement templates (NDAs, contracts, etc.), and full audit trails. It also supports secure “data rooms” for fundraising, dealrooms, or client project materials, with visitor insights, page-by-page analytics, tracking who viewed what, how long, and from where. Team collaboration features include channels & direct m
    Starting Price: $20 per month
  • 14
    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
  • 15
    Safelink

    Safelink

    Safelink

    Safelink provides secure virtual data room and collaboration services for organizations such as law firms, accountancy practices, real estate specialists, M&A specialists, and financial services businesses. The cloud-based solution includes encrypted data storage and transmission for the secure sharing of highly confidential documents. Safelink is a fully featured solution offering granular permissions, full content search, secure messaging, collaboration tools, and page-level document tracking. Document features allow users to drag and drop files and folders into the system, as well as set permissions for who can access, copy, download, print, or send to others. Coordination and collaboration features enable users to create tasks and checklists, leave comments on documents, and publish notices for other users to see.
    Starting Price: Free
  • 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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