Description of iDeals

When it comes to managing complex deals and transactions, it‘s important to use the right technology to stay ahead. Using virtual data room software will facilitate your deal throughout the whole deal lifecycle, during any stage, and ensure frictionless communication between all parties involved.

Complex transactions like mergers and acquisitions are usually document-heavy which means hundreds of files should be reviewed and processed. iDeals offers a powerful business solution that serves as a great tool for professionals dealing with transactions that require quick decisions and fast reviews.

No matter what business you’re in, you’ll be able to use the many collaboration and customization tools to complete all types of transactions, due diligence, and pretty much anything else your project requires. 

The high-level security measures supplied by the iDeals virtual data room go above and beyond those offered by other data rooms, ensuring everything you upload into the data room is safe.

iDeals virtual data room has built a reputation as a leading provider of virtual data room services since its launch in 2008. Professionals from a number of industries, including investment banking, real estate, biotech licensing, and a variety of others, trust the iDeals data room. For experts in investment banking, legal, and top-level management, the virtual data room iDeals has proven to be the perfect cloud-based solution. 

The iDeals VDR contains a Q&A area to aid collaboration, making it simple for participants to connect with one another in a secure manner. All of your communications are kept private and are saved in the data room in case they need to be reviewed. 

The drag-and-drop feature of the iDeals virtual data room makes it easier to add documents to the platform, and once uploaded, the documents are instantly watermarked and indexed.

data room providers

Features of iDeals 

IDeals offers a wide variety of features, which are suitable for managing different types of projects, deals, and transactions. These include the following: 

Files and folders management 

For simple uploads, use the drag-and-drop tool. You can also upload or sync files from your local drive or online storage in bulk. For improved organization and security, there are indexing, watermarking, and numbering functions.

Document management is another aspect where iDeals shows its excellency. Its data room has a simple drag-and-drop interface that allows you to easily upload your documents into the system. You have no limit on how many documents you can upload to the data room. All files are automatically numbered.

Customers can upload many documents at once or in bulk, which makes the procedure quick and painless. With support for over 25 different file types, as well as automatic numbering and indexing, you won’t have to spend any more time preparing your papers than is strictly necessary.

File protection and Digital Rights Management (DRM)

Security is a non-negotiable aspect of today’s leading virtual data rooms on the market. By having a multitude of accomplished protocols, iDeals is known as a premium provider for secure document sharing. Certifications and compliances of the iDeals data room provider include GDPR, HIPAA, SOC 1, OWASP, and others.

You may use the document rights management tools to control which files a user can read, print, or download. Watermarks are used to safeguard all papers, and the “fence view” function reduces the possibility of camera-based attacks on important excel files. 

256-bit encryption and two-step authentication are key components of the platform’s robust security features. Some other features include a strict access policy and surveillance, dynamic watermarks, and audit logs.

Data hosting and infrastructure security

The provider uses data centers that are SOC2 compliant and ISO 27001 certified. There is 99.9% Uptime Guarantee, automatic virus scanning, and data backup.

Access security

Role assignment, setting access limits, and a range of document permissions are among the user management tools. On a page-by-page basis, iDeals allows you to observe how much time customers spent examining specific papers.

Accessibility and ease of use 

It takes only 15 minutes to set up the data room. It’s really simple to use and requires no additional training. Its user interface is both extensive and easy to use. The iDeals platform allows you to set up data rooms in as little as twenty minutes, and you don’t need much technical knowledge to use it.

iDeals virtual data rooms offer an intuitive, simple interface, and you wouldn’t need to download any additional Java plugins just to get access to your documents. The user interface of the iDeals data room has been optimized to match buyer requests list and offer the best viewing experience on all connected devices.

You can access and manage virtual data rooms with ease in different languages the platform supports — including English, Spanish, Chinese, Japanese, German, Turkish, French, Dutch, Korean, Russian, and others.

Search, OCR, and filters 

You can use full-text search, Optical Character Recognition, and filters to navigate your files faster and easier. This allows you to find requested files in just a few clicks and react quickly to any document request.

Collaboration features 

You can interact with your team members directly in the document with this functionality. By including an FAQ area for users, you may also build a list of frequently asked questions and answers. All communication is stored, allowing you to keep detailed records for legal needs. The room administrator can also control who can ask questions and who can see the Q&A part using settings. 

One of the most significant aspects of the iDeals software is its Q&A section, which allows users to construct a list of the most frequently asked questions and keep it on hand at all times. iDeals virtual data room also creates detailed Q&A reports that can be retained for future legal needs.

Activity tracking and reporting

You can keep track of everything that happens in the data room, which speeds up decision-making during crucial transactions. The iDeals virtual data room software provides audit trails that allow you to keep track of all data room activity and monitor corporate compliance. 

You can also utilize this functionality to track each user’s behavior, including their search history. Every document read, printed, and downloaded on iDeals may be traced. Furthermore, you can observe how long someone has been browsing a document. 

A whitepaper explaining the process of using a VDR for an M&A transaction, as well as a guide on using the platform’s redaction tool, can be found on the company’s website.


You can easily customize the dashboard, on-site and online training sessions for invited users.

Support and services 

Support is provided 24/7, with an average response time of 15 minutes to resolve any data room issues quickly. You may also look up frequently asked questions and recommended practices for using the VDR available in the online support center. 

You can get email support or have a chat with a live rep of the company.

Deployment options

Most platforms, including browser access, Mac, Windows, Linux, iOS, and Android, are supported by the iDeals data room. The iDeals virtual data room is accessible from any browser and all mobile devices and comes with enhanced security and encryption capabilities. 

Trial and pricing 

iDeals virtual data room provider offers a 30-day trial. There are two different pricing options available: a fixed structure and a subscription, so you can choose what suits your budget better.

iDeals is a sophisticated cloud-based data room solution that enables sharing and collaborating on sensitive and business-critical documents easier. Most data room providers offer comparable product features, however, it’s usually not enough for modern business challenges. 

The main benefits of using the iDeals data room

Due to a great variety of features, iDeals makes it easy to manage complex financial transactions, due diligence, and other ongoing transactions. That’s why professionals from industries such as real estate, law, and banking choose this provider. 

The main advantages that iDeals virtual data room software provides its users include the following:

  • Ease of use. iDeals software may be used by the entire team quickly and effortlessly. It can be quickly installed, but it can also be efficiently used and adjusted to meet changing needs. Uploading and organizing files are straightforward. 14 language interface, Android and iOS apps, and mobile-friendly layout, which is also great for view-only users without the app make the user experience better.
  • 24/7 customer support. An excellent customer support team that responds quickly when it’s needed. Support is available in 12 languages, and issues are resolved through a single point of contact.
  • User-friendly interface. With a clear interface, managing and sharing your files is as simple as it could be. Popular usability features include bulk, drag-and-drop upload, automatic index numbering, and file labeling. 
  • Flexible billing plans. iDeals virtual data room pricing suits every budget, as it offers both fixed and subscription-based pricing plans.
  • Useful reports and insights. As the data room admin, you have access to every user activity and interaction with the virtual data room, including file views, downloads, time spent viewing the file, etc.
  • Advanced data protection. The best security practices combined with two-factor authentication, access permissions, file expiration, and remote shredding make iDeals a reliable vendor. Admins can assign user permissions and have full control over the shared documents.
  • Minimum paperwork. With virtual data rooms, you can forget about piles of papers being unorganized and lost. With document indexing and quick keyword search, you’ll be able to find the needed file in just a few seconds. 
  • Increased chances of successful deal. With the combination of unique management, collaboration, and security features you will be able to close deals faster and more efficiently.

iDeals combines functionality and refinement. It doesn’t require any technical knowledge to use, but it does provide experienced users with dozens of time-saving features for accessible and seamless sharing, all while emphasizing privacy. 

iDeals is one of the most popular virtual data room suppliers on the market. Apart from its excellent feature set, the solution is backed by a team dedicated to providing the greatest data room money can buy.

Features Checklist:

Industry Solutions
Biotech Licensingyes
Board Portalsyes
Clinical Studiesyes
Debt Financingyes
Distressed Real Estateyes
Document Repositoryyes
Due Diligenceyes
Hedge Fundsyes
IPO & Exitsyes
M&A Buy Sideyes
M&A Sell Sideyes
Post Mergeryes
Private Equityyes
Procurement Managementyes
Files & Folders Management
File Formats SupportedAll MS Office document formats, as well as pdf, txt, pub, rtf, htm, html, mht, jpg, jpeg, jpe, gif, bmp, png, tif, tiff, wmf, and flv
Automatic Numerical Indexing of Files & Foldersyes
Drag & Drop Upload of Multiple Files and Foldersyes
Desktop Synchronizationyes
Archives Upload & Extractionyes
Export of Data Room Index to Excelyes
Document Version Controlyes
Multilingual Documents Indexyes
File Protection & Digital Rights Management
Granular Document Permissionsyes
View-Only Accessyes
Prevention of Download, Print and Copyyes
Remote Shredding of Documentsyes
Customizable Document Watermarksyes
Secure Fence Viewyes
Document Access Expiryyes
256-Bit SSL/TLS Encryptionyes
Data at Rest Encryptionyes
Data Hosting & Infrastructure Security
99.9% Uptime Guaranteeyes
ISO 27001 Certifiedyes
SOC 2 Certifiedyes
SSAE 16 Certifiedyes
Data Backupyes
Virus Scanningyes
Access Security
Two-Factor Authenticationsyes
Mobile Device Managementyes
Granular User Permissionsyes
Permission Groupsyes
Access Expirationyes
Access Limitation by IP Addressyes
Accessibility & Ease Of Use
No Pluginsyes
Scroll-Through Web-Based Document Vieweryes
Web-Based Excel Spreadsheets Vieweryes
iOS Applicationyes
Android Applicationyes
Mobile Device Interfaceyes
User Interface LanguagesEnglish, Spanish, German, French, Russian, Turkish, Portugese, Chinese and Japanese
Search, OCR & Filters
Search by Nameyes
Search by Content (Full Text Search)yes
OCR (Optical Character Recognition)yes
Filtering by Parametersyes
Collaboration Features
Basic Questions & Answers Moduleyes
Advanced Questions & Answers Moduleyes
Secure User Messagingyes
New Document Email Notificationsyes
Files & Folders Notesyes
Activity Tracking & Reporting
Tracking of All User Activityyes
Real-Time Audit Trailyes
Graphic Reportsyes
Exporting Reports to Excelyes
Tracking of Document Viewing Timeyes
Scheduled Reports (Sending to Email)yes
Branded User Interfaceyes
Custom Domainyes
Custom Login Pageyes
Custom User Invitation Letteryes
Custom Agreements for Accessing Data Roomyes
Active Directory Integrationyes
Single Sign-On Integrationyes
Customer-Managed Encryption Keysyes
Integrations Through APIsyes
Custom Workflows and Featuresyes
Support & Services
Business Hours Supportyes
24/7 Email Supportyes
24/7 Phone & Email Supportyes
Online Help Centeryes
Live Trainingsyes
Dedicated Project Manageryes
Data Room Archive on DVD or USB Driveyes
Translation Servicesyes
Support Languages:English, Spanish, German, French, Russian, Turkish, Portugese, Chinese and Japanese
Deployment Options
Cloud (Web-Based)yes
On-Premise (Installed)yes
Multiple Datacenter Locationsyes
Trial & Pricing
Free Demoyes
Free Trial:30-Day Trial
Company Info
Locations:United States, Canada, Brasil, Turkey, UAE, Israel, United Kingdom, Germany, Russia, Cyprus, Ukraine, Hong Kong, Japan, India, China, Singapore

Product Reviews:

  1. Demi Meyer

    Corporate Financial Analyst

    iDeals was our last-minute decision as we needed a data room for a soon upcoming deal. And even though we had virtually no time to sit down and figure out the technology, we could understand quickly how to use all the numerous features. The deal was very smooth and we managed to close it successfully very quickly thanks to analytics and collaboration tools iDeals has.

  2. Calvin Wardle


    We’ve been using another data room provider for a while but recently we decided to switch to iDeals. This VDR is so much better than what we used to have! The interface is so simple to use, and there are a lot of features we didn’t have before. We’re definitely going to stick to iDeals.

  3. Rylie Garnier


    I’ve tried several providers for my company, but I find iDeals virtual data rooms to be the best fit for our needs. It has all the features my employees need to work with documents. Also, my partners seem to have no issues using it to access the required files. And 24/7 support is great in case something happens.

  4. Homer Louise

    Procurement Director

    I’ve tried several different providers in my company, but iDeals seems to be the best fit for me. Finally, there is a data room with all the features I need and, most importantly, a straightforward interface. With other providers, I used to spend a lot of time trying to understand the functions. But with iDeals VDR, there is no struggle.

  5. Betsy Carly

    Key Account Manager Biopharm

    We used another provider for a couple of years, but switching to iDeals VDR was one of the best decisions we’ve made. Now we have all the features we need to maintain the documents. I was afraid it would take a lot of time for us to get used to new software. But the interface is so simple that we didn’t need any help with it.

  6. Mat Kendrick

    Executive Director

    In my company, we’re using iDeals for over a year, and we’re totally satisfied with it. The interface is intuitive and straightforward, and it looks great, which is important, too. The best thing is the reaction of our potential partners to the iDeals VDR – I feel like it creates a nice impression about our company. Also, having all the necessary functions we execute deals way faster now.

  7. Shaquille Elsie


    iDeals VDR is perfect for us. I like that this data room has all the necessary features, but the interface is not overloaded. It is effortless to use, and we didn’t have any issues with this data room. However, during the first deal, I needed some help in organizing the workspace. And iDeals support was very helpful and attentive.

  8. Alycia Monique

    General Manager

    We’re using iDeals for a couple of months now, and I genuinely don’t know how we managed to work without it. iDeals VDR has all the features my business needs to maintain the corporate documents and the communication with our partners. And the interface is perfectly simple. Everyone could figure it out almost instantly.

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