# Page 4 | Firmex Virtual Data Room Reviews 2026. Verified Reviews, Pros & Cons | Capterra > Page 4 - Is Firmex Virtual Data Room the right Virtual Data Room solution for you? Explore 353 verified user reviews from people in industries like yours to make a confident choice. Source: https://www.capterra.com/p/131320/Firmex-Virtual-Data-Rooms/reviews --- Firmex Virtual Data Room 4.8 (353) Provider data verified by our Software Research team, and reviews moderated by our Reviews Verification team. [Learn more](https://www.capterra.com/our-story/) * * * Last updated March 13th, 2026 # Page 4 - Reviews of Firmex Virtual Data Room ## Showing most helpful reviews Showing 76-100 of 353 Reviews Sort by: Most Helpful Rating Company Size Reviewer's Role Length of Use Frequency of Use DW David W. Project Manager Venture Capital & Private Equity Used the software for: 2+ years ### "Virtual data room with the best price/ performance ratio " October 20, 2022 4.0 Pros The software is easy to use and inexpensive relative to comparable solutions. Monitoring and Q&A functions come in handy when working with multiple groups on a project. Cons The software lacks a good viewer and is sometimes complicated to use with regard to the automatic numbering function. Moreover, it should support more languages. Alternatives considered [Intralinks VDRPro](https://www.capterra.com/p/131416/Intralinks-Virtual-Data-Room/)[Ideals Virtual Data Room](https://www.capterra.com/p/130909/iDeals-Virtual-Data-Room/)[netfiles Deal Room](https://www.capterra.com/p/131468/netfiles-Dataroom/) Reason for choosing Firmex Virtual Data Room Price and functionality. Switched from [netfiles Deal Room](https://www.capterra.com/p/131468/netfiles-Dataroom/) Netfiles was too expensive in comparison. Review Source SR Sean R. Litigation Technology Support Coordinator Law Practice Used the software for: 1-2 years ### "Ease of Use" October 17, 2023 5.0 Pros I really enjoy being able to set up Data Rooms for our clients very quickly and seamlessly. This saves time for all parties. I really appreciate the availability of customer service being available for all of my questions as well! Cons I feel that the user interface can be worked on a little bit to make it more user friendly, such as larger tabs or buttons that would make the end user experience more enjoyable. Review Source Response from Firmex November 1, 2023 Thanks for the feedback as it's great to hear that you enjoy using our platform for your clients when they require a data room. We made some UI updates and are currently looking to complete the entire VDR UI updates next year. TF Tom F. Chief Financial Officer Biotechnology Used the software for: 2+ years ### "Excellent system and support" May 24, 2023 5.0 Pros Firmex works very well and its customer support is among the best of any platform we have used. We are not frequent users but in most respects find our way around the system straightforwardly. The only area for improvement as we see it is to make some of the functions a bit more obvious to infrequent users. When we have had questions/needed help, the support and service has consistently been timely, knowledgeable and directly relevant. Cons The only area for improvement as we see it is to make some of the functions a bit more obvious to infrequent users. When we have had questions/needed help, the support and service has consistently been timely, knowledgeable and directly relevant. Review Source Response from Firmex June 8, 2023 Thanks for the feedback, we have added in app messaging for infrequent users to help them navigate the system. I understand that not everyone wants to contact support and perhaps having these pop ups will help alleviate any of these issues. MR Mark R. CFO Information Technology and Services Used the software for: 1-2 years ### "Firmex VDR" April 6, 2022 5.0 I am happy when others present their due diligence files to us in Firmex, as I am 100% comfortable with it/ Pros i have used Firmex multiple times in my career as a CFO and as the Administrator of the VDR. I have mostly used in in an M&A due diligence VDR model. I find the software to be intuitive and easy to use. I have had very few users come back to me and not understand how they can gain access tot he files they need, so it is first time user intuitive as well. Cons On con is to ensure you set up the file structure correctly in the first instance, as it will impact the flexibility you need to create multiple group access restrictions. Alternatives considered [Dropbox Business](https://www.capterra.com/p/143068/Dropbox-Business/)[Microsoft Teams](https://www.capterra.com/p/168668/Microsoft-Teams/) Reason for choosing Firmex Virtual Data Room We chose Firmex as it was the leader in the market. Other options were not as flexible or had the controls we were looking for. Review Source Response from Firmex April 29, 2022 Thanks for the feedback on how intuitive and easy to use the platform is based on your experience. We do have the ability to drag and drop folder and documents to reorganize them if they are in the incorrect order. Our support team is 24/7 and always available for any questions you may have, I always encourage our clients to speak with our support team for any assistance needed. Feel free to reach out to me with any questions james.lehuquet@firmex.com. - James Le Huquet, Director of Sales EE Erik E. Managing Director Investment Banking Used the software for: 2+ years ### "Firmex - Great Value for top notch features" September 19, 2023 5.0 Firmex is the perfect solution at a great price point for our virtual data room needs. Pros Firmex delivers the same functionality as software solutions that are 10x the price. Cons Its not as intuitive as some of the other user interfaces i"ve seen - but it gets the job done. Alternatives considered [Intralinks VDRPro](https://www.capterra.com/p/131416/Intralinks-Virtual-Data-Room/) Reason for choosing Firmex Virtual Data Room Cost. Review Source Response from Firmex October 23, 2023 We appreciate the feedback on the platform and your experience with Firmex. In terms of the intuitiveness of the platform, I would be curious to know which providers you are referring and to learn how we can improve as we do have one of the more user friendly platforms wtihin the industry. Feel free to email me at james.lehuquet@firmex.com. VR Verified Reviewer Analyst Investment Banking Used the software for: 1-2 years ### "\[sensitive content hidden\]" June 20, 2023 5.0 I really enjoy all of my ecounters with Firmex except the inability to use it from a mobile phone Pros The ability to easily move / copy documents Cons It is hard to use on a mobile phone and use from a mobile application standpoint Review Source Response from Firmex July 7, 2023 We appreciate the positive feedback on the easy of use and copying documents which saves time and resources compared to other providers. Our platform can be used on a mobile web browser and we do offer an iOS app. The app isn't designed to be a complete substitute, it is meant to be able to store documents offline as well as make some changes remotely. AG Anne G. Legal Assistant Legal Services Used the software for: 2+ years ### "Benefits and Features of Firmex " August 16, 2022 5.0 Firmex has totally eliminated the need to create CD or paper transcripts of documents. This is a tremendous savings of time, money and resources. Pros The best feature of Firmex is having the ability to share large documents with ease. Being able to control the documents and the access permissions of the users has reduced the time we used to spend emailing documents and revisions. Firmex also has a very solid help line that responds quickly. Cons While I appreciate Firmex remembering users, I would like it to be easier to change email addresses when necessary without having to request the help desk to do so. Review Source SP Sunny P. Paralegal Law Practice Used the software for: 2+ years ### "Not friendly to use" June 13, 2023 5.0 I like using Firmex once I figured out how to use. But I shouldn't have to figure out how to use. It should be easy to use. Pros Once you figure out how to use its easy but I had to take the time out to figure out. Uploading and downloading is very easy, this function is easy to figure out. But we have to make sure the "Upload, all at once" button has to be clicked. Customer service is excellent. Cons Its easy to use once you used it. But its not easy to figure out how to use. If I want to create a new folder, it should be easy to find and to use it. Its not clear what "Add Directory" is. I had to go to the help section to obtain a clear answer. It looks like a folder once I "ADD Directory". And the folder color is grey and stays grey. To me, grey is not being used or not functioning. Color should be change to a folder color or some other color. I had ppl email me that they had access and no longer have access. I have to send another invite, so there is some disconnect there. And it happened with ppl that used Firmex many times before. Is not clear how to add or delete ppl when you are adding them to the Firmex. Review Source Response from Firmex July 7, 2023 Thanks for the feedback, like any platform using for the first time there is somewhat of a learning curve which is why we have best in industry support. Our team can help you navigate and are available 24/7/365 for any user assistance or troubleshooting. For the additional folders, sub folders and users, the drop down arrow once selected by a user, folder or sub folder will give you all the options needed to make changes. JB Jim B. Director Environmental Services Used the software for: 2+ years ### "Corporate M&A Virtual Data Room Review" January 27, 2024 4.0 Pros Firmex is an all-around great virtual data room for middle-market M&A transactions. It provides M&A professionals and deal participants with an easy-to-use and secure platform to get transactions done, at a low cost. Cons Firmex does not have all of the premium features that you may get with higher-priced platforms. Review Source Response from Firmex February 1, 2024 Thanks for the feedback as we aim to be the top VDR provider for the middle-market with an easy to use and secure platform. As for the bells and whistle features that we don't have compared to some legacy high end providers, that is where the price differential comes into play. We don't bill per page as well as price gouge our clients. We offer a top tier platform that does over 20,000 data rooms a year which is the most in the industry. EK Edward K. SVP of Finance & Analytics Medical Practice Used the software for: 1-2 years ### "Recommend Firmex Virtual Data Room" December 12, 2022 5.0 Pros The customer support is world class. Easy to start using once you start getting use to the functions. Cons The advanced controls are not as intuitive and relied on the customer support to guide our team. Switched from [Google Docs](https://www.capterra.com/p/160756/Google-Docs/)[OneDrive](https://www.capterra.com/p/161304/OneDrive/) Security and the reputation of it being the standard for M&A. Review Source Response from Firmex March 2, 2023 Thanks for the feedback and comments about our best-in-class support team, as it is one of our biggest differentiators in the space. As for the advanced controls, I would be interested to better understand what specific controls you are referring to. We strive to have one of the easiest and most intuitive platforms in the VDR space. Feel free to email me so I can better address your feedback. JT Janie T. Integration Manager Hospital & Health Care Used the software for: 1-2 years ### "Firmex -Files at your Fingertips" November 21, 2023 5.0 Pros Files are easily retrievable and a source of truth repository for all related documents. No chasing down emails or latest versions of files. Cons The filing system could be easier to manage, or have better categories to choose from. Review Source Response from Firmex November 28, 2023 Thanks for the feedback on how easy it is to retrieve documents within the platform and not having to chase down what the latest version of the document as we have a version management tool built into the platform. I would be interested to know how we can make the system easier to manage as you already said it was easy to retrieve files, our product team is always interested in feedback so feel free to reach to me at james.lehuquet@firmex.com CS Cara S. Paralegal Legal Services Used the software for: 2+ years ### "Firmex is a Virtual Closing Table" July 13, 2022 5.0 Firmex has solved the "virtual" closing table issue that has taken over the last few years now that closings are not attended in person. Firmex allows me to lay out all of the closing documents and give access to the necessary parties for review and approval. Firmex also allows me to provide parties with large documents that can't be sent via email due to size. Overall Firmex has been a huge help to our law firm. Pros The most important feature I like about Firmex is how easy it is to use either from the administrator side or the user side. I have never had anyone ask questions on how to use it because it's so straight forward. Cons I would enjoy seeing some type of integration with Imanage so if documents change internally they would automatically update. Review Source Response from Firmex August 9, 2022 We appreciate the feedback on how easy the platform is to us from an admin or general user aspect. In terms of integration, we offer API's to clients in order to integrate with other platforms. In the legal space I understand Imanage is a popular tool and it is something we are always actively looking into, to improve our competitive advantage within the deal space. MT Mark T. Co-Founder, Director of Ops Financial Services Used the software for: 1-2 years ### "Firmex Surpasses Our Expectations" January 18, 2023 5.0 Pros Firmex makes the management of our M&A process incredibly smooth. Fully customizable permissions and reports, granular viewing data, and a secure, branded room for our company. Cons The price point for VDR service providers remains higher than it should be, in my opinion. I anticipate there will be a major price correction in the next few years as cheaper, and more effective options become available. Reason for choosing Firmex Virtual Data Room Price and type of contract. Switched from [Venue Virtual Data Room](https://www.capterra.com/p/191882/IPO/) Price. Review Source Response from Firmex March 2, 2023 Thanks for your feedback on how Firmex makes the M&A process smooth. Our price point is still at a mid-market level compared to the level of service we provide, as well as not pricing by legacy per-page pricing. There are lower-cost alternatives in the market, but with those, you sacrifice the features that allow for an incredibly smooth process. AM Alicia M. President, Capital Markets Financial Services Used the software for: 2+ years ### "Big Fan of Firmex" April 12, 2024 5.0 A very positive overall experience with Firmex. Pros The ease of use and the security with file sharing. Cons The upload time sometimes can take longer than wanted. Alternatives considered [Juniper Square](https://www.capterra.com/p/171269/Juniper-Square/) Reason for choosing Firmex Virtual Data Room The ease of use for file sharing. Very user friendly. Review Source Response from Firmex May 2, 2024 Great to hear your experience with the ease of use and intuitiveness of the platform. As for uploads, without knowing how many GBs and files you were uploading it is difficult to better understand the needs. We offer full 24/7 support to any user involved in the data room, therefore if you have any issues such as upload speed they can do some tests on your behave to enhance this experience. CF Carla F. Executive Assistant Biotechnology Used the software for: 6-12 months ### "Firmex Ease to work" May 2, 2024 4.0 Pros It's friendly user. It's easy to set up files and upload documents. The trainer was very straight to the point. Cons At the moment anything. It's perfect for what Targtex needs. Review Source Response from Firmex June 4, 2024 Thanks for the feedback, great to hear that it has fulfilled your VDR needs and then some. We look forward to continually working with you as your VDR provider. MD Mary D. Managing Director Investment Banking Used the software for: 2+ years ### "Awesome online dataroom! " September 7, 2023 5.0 Helps manage deal rooms for M&A and document retention purposes for compliance Pros Fast, easy to use and great customer support Cons Files can be cumbersome to reorder in folders if you are moving many files (i.e. we always have to arrange monthly financials by date) Reason for choosing Firmex Virtual Data Room Product functionality, customization, and service Review Source IN Ian N. Program Manager Renewables & Environment Used the software for: 2+ years ### "Simple, yet valuable" May 29, 2019 5.0 I've used Firmex DVR on many projects and it's much easier to use than other solutions. Data rooms requiring training will reduce the utilization by the project team. Pros Firmex VDR is easy to use. It offers the ability to toggle quickly between projects, has an intuitive folder structure, and allows for easy uploading and viewing of documents. Cons Having an embedded version control option would be valuable, with an easy way to distinguish between drafts and final versions of documents. Alternatives considered [Oracle Aconex](https://www.capterra.com/p/220249/Oracle-Aconex/)[Progress ShareFile](https://www.capterra.com/p/10007380/ShareFile/) Reason for choosing Firmex Virtual Data Room Ease of use, and easy navigation across projects. Review Source Response from Firmex June 10, 2019 Hi Ian, Thanks for the review! With regard to Firmex having an embedded version control option, you'll be glad to know that we have one. Here's a quick summary of our versioning and document status options: Firmex's versioning feature is built-in to our system. You can choose to upload a new document, or a new version of a document. You and your team can always access the version history, while only giving guests users access to the latest version of the document (the "document of truth"). Firmex can also detect new versions of a document based on the content of the document. Firmex also supports content status on documents and folders. Many of our customers use this content status to designate whether a document is in draft, awaiting review, or final. This usually coincides with our document comment and tag systems. Your Customer Success Manager will follow up with you to demonstrate these features at your convenience. Kyle Bardsley Senior Director, Customer Operations & Growth Travis S. Acting Executive Director Non-Profit Organization Management Used the software for: 2+ years ### "A good way to share secure documents" February 10, 2023 4.0 It has been a good solution for sharing confidential documents with different user groups. I am more comfortable sharing documents through Firmex than through email systems. Pros Firmex was a solution that was easy to implement. Cons It took some time to understand users and user groups and how to assign rights to both. Reason for choosing Firmex Virtual Data Room Easy of use and value for dollar. Review Source Response from Firmex March 2, 2023 Thanks for the feedback on how easy the platform was to implement and deploy. Our platform is one of the easiest to use in the industry and we offer best-in-class 24/7 support & training. If you run into issues in the future, please contact our support team as they are available and more than happy to assist with any questions you may have. EG Etienne G. Associate Banking Used the software for: 2+ years ### "Best Platform" February 20, 2024 5.0 Great platform, nothing bad to say about my user experience Pros Having used a lot of different VDRs, Firmex is a no nonsense platform with amazing customer support. Unbeatable for the price and features. The platform is extremely easy to use and has all the features needed to run a deal from A to Z. The "view as" feature is amazing for bankers looking to review their VDR before opening it up to clients. Cons No Q&A function. If Firmex implemented a Q&A feature like Datasite, that would be awesome since this is a game changer for running processes Alternatives considered [Datasite Diligence Virtual Data Room](https://www.capterra.com/p/130910/Datasite-Diligence/) Reason for choosing Firmex Virtual Data Room Better pricing for the features. Apart from the Q&A missing from Firmex, both are great platforms Switched from [Intralinks VDRPro](https://www.capterra.com/p/131416/Intralinks-Virtual-Data-Room/)[Datasite Diligence Virtual Data Room](https://www.capterra.com/p/130910/Datasite-Diligence/) Better cost / features. Firmex has everything we need to run deals Review Source Response from Firmex March 6, 2024 Thanks for the feedback, really like your comment about no nonsense type platform. As for Q&A, we do offer that functionality and is a feature enabled upon request. We see not a lot of deals in North America utilize this feature compared to what our EMEA team sees within their deals. Highly encourage you to reach out to our support team or feel free to reach out to myself james.lehuquet@firmex.com to make sure it is enabled for your deals going forward. JH Joe H. IT Manager Oil & Energy Used the software for: 2+ years ### "Firmex - Great Virtual Data Room Solution" January 4, 2023 5.0 Reliable uptime and good customer service. Pros Search engine; ability to granularly control the user experience and permission model across various data rooms and projects. Cons Limited ability to add custom metadata that would allow us to easily correlate documents in our external content management system that we also replicate out to our virtual data room. Alternatives considered [Intralinks VDRPro](https://www.capterra.com/p/131416/Intralinks-Virtual-Data-Room/) Reason for choosing Firmex Virtual Data Room Cost and fixed pricing structure Review Source BJ Bruno J. Associate Investment Banking Used the software for: 1-2 years ### "Firmex VDR" April 4, 2023 5.0 Very satisfied. The customer support team is also highly effective and very appreciative. Pros The bulk upload/download options are very helpful. The whole VDR is very simple and easy to use. Cons The set permission feature could be improved a bit. It can be a bit confusing when setting permissions for users/groups and for folders. Reason for choosing Firmex Virtual Data Room More responsive team, way better pricing options and a better user experience as a whole. Review Source Response from Firmex May 5, 2023 Appreciate the feedback on how bulk upload/download has been helpful in your process. We are one of the only providers if not the only provider that allows you to upload up to 50 GB at a time. What might help with the permission of users/groups is our View As tool which can give you sightlines into what those guest user groups can/can't see. I do however understand the feedback and is something our product team is investigating with our new UX/UI release. HW Harrison W. Manager, Transactions Accounting Used the software for: 1-2 years ### "Very use-friendly" September 14, 2023 5.0 We use Firmex for all of our virtual data rooms and it has never let us down. A great product with great customer support. Pros An easy to use virtual data room that is perfect for M&A projects of any size. Extremely user-friendly with all the features you would expect. Cons Folder separation and ways to set up subidiary information within the parent company's data room Reason for choosing Firmex Virtual Data Room Firmex had great reviews and our firm has been a long-time user. Review Source Response from Firmex October 27, 2023 Thank you for sharing your positive experience with our virtual data room! An easy-to-use platform with robust features is incredibly valuable for M&A projects. It streamlines the due diligence process and can make a significant difference in deal efficiency. In terms of folder separation, using multiple (top-level) directories can help with folder separation. We'd be more than happy to connect you with your Customer Success Manager to review your current workflow, and perhaps offer some best practice advice. MS Markus S. M&A Analyst Financial Services Used the software for: 6-12 months ### "Review Firmex" October 17, 2023 4.0 overall good value for money Pros The user interface is easy to use, allowing users to navigate through the features without much hassle. Due to its user-friendly nature, the application responds promptly and efficiently to user inputs, ensuring easy handling. The intuitive design of the application makes it accessible even for those without prior experience with similar software. All in all, the software provides a smooth and uncomplicated user experience Cons more featuresmore layers for permissionfaster uploadfaster downloadmore smooth workflow Review Source Response from Firmex November 1, 2023 We appreciate the feedback on the user interface being easy to use as that is one of our main competitive advantages within the VDR space. Our product team is looking at new features and updating the UI for 2024, it would be great to better understand what new features you are looking for and what additional security permissions that can be applied. Feel free to email me at james.lehuquet@firmex.com sR sam R. Corporate Development Analyst Financial Services Used the software for: 2+ years ### "Samuel Radomsky" February 9, 2024 5.0 Pros Easily accessible, reliable, features like reports are helpful Cons I wish I was able to uplaod zip files into the VDR> Review Source Response from Firmex March 6, 2024 We appreciate the feedback on the reliability of our product as we pride ourselves on being a product that you will never have to worry about the check engine light coming on. Firmex does have the ability to upload/download zip files, they can't be accessed through the viewer but we do have the ability to upload/download zip files. If you ever have any questions or are in doubt, please reach out to our support team that is available 24/7 at support@firmex.com. Thanks again. AD Aaron D. Technical Manager Investment Management Used the software for: 2+ years ### "Tool of choice" February 9, 2024 5.0 Works a treat for us! No real complaints. Pros The Q&A function is unparalled, it just makes it easier. Cons Help search is limited, would be nice to have a chat function. Review Source Response from Firmex March 6, 2024 We appreciate the positive feedback on our Q&A module, great to hear that it is being utilized for your deal. As for support help, we offer 24/7/365 support assistance. We also have an online Knowledge Base that can be found here https://support.firmex.com/hc/en-us, it has tutorial videos and step by step instructions. We are looking into a chat service for our support team as well. Talk to a Capterra advisor for free and get results within 15 minutes.