When choosing the best vdr service, you should be looking for one that comes with robust security protocols, complete control over access and two-factor verification. Also, make sure it has a built-in document viewer that supports multiple file formats and a search feature that uses metadata to help organize documents. A good service will have monitoring of user activity capabilities to track uploads, downloads and changes. This information is vital for M&A deals as well as other large multi-file, multi-file initiatives.

Startups are often busy and have little time to learn complex platforms or use cumbersome user interfaces. That’s why it’s important to choose a VDR provider with a short adoption curve and 24/7 customer support. You can then concentrate on your business instead of worrying about technical issues.

iDeals VDR is a secure virtual data space that is extensively used in M&A deals and due diligence. It has offices in more than 12 countries and offers quick installation and a user-friendly user interface. However it’s not as flexible as its competitors.

Another option for M&A is Portalstack. The premium plan allows you to embed Google Sheets and share financial models or cap tables. Its Notion editor makes it simple to alter the VDR homepage. Moreover, it can integrate with other tools to speed up the sale process. It is offered at $39 per autodataroom.com month for a start-up cost.