LockRoom is a secure data room platform designed for investment banking. It offers unlimited rooms, users, and storage, with features like restricted access and user permissions. The platform provides real-time buyer activity reports and is ISO-27001 compliant for data protection. Pricing starts at $250/month.
Features
Unlimited Rooms, Users, and Storage
Allows you to create as many data rooms as needed without any limitations on users or storage capacity.
Restrict Access
Offers strict permissions that you can control for each user to ensure security and proper access management.
Easy to Use
Enables quick setup of data rooms without requiring any prior training.
Track Buyer Engagement
Provides real-time activity reports to keep clients updated with insights and transparency.
Security and Compliance
ISO-27001 compliant to ensure that all data is protected during each step of the process.
Data Rooms
Create and manage data rooms for secure document exchange. The Basic plan offers 1 data room, while the Unlimited and Command plans offer unlimited data rooms.
Admins
Manage and assign administrative roles with unlimited capacity across all plans.
Users
Add an unlimited number of users to your data rooms, available in all plans.
Storage
Access unlimited storage for your documents and files in every plan.
Onboarding Session
Receive a personalized onboarding session to help set up and navigate the platform, available in the Unlimited and Command plans.
Deal Templates
Utilize ready-made deal templates for efficient setup and management, available in the Unlimited and Command plans.
14-Day Free Trial
Test the platform with a 14-day free trial offered in the Basic and Unlimited plans.
Reporting/Downloads
Generate reports and download them for analysis, available in the Unlimited and Command plans.
Advanced Search
Use advanced search functionalities for efficient document retrieval, available in the Unlimited and Command plans.
Restrict Users Actions
Define user permissions and action restrictions to maintain control across data rooms, available in the Unlimited and Command plans.
Audit Logs
Access audit logs for tracking user activities, included in the Unlimited and Command plans.
Watermarking
Apply watermarks to documents for added security and identification, available in the Unlimited and Command plans.
Version Control
Manage document versions to keep track of changes and updates, available in the Unlimited and Command plans.
Archiving
Archive documents for secure storage and compliance, included in the Unlimited and Command plans.
SSO (Single Sign-On)
Integrate with Single Sign-On services for streamlined user access, available in the Command plan.
SAML 2.0
Implement SAML 2.0 authentication for enhanced security, offered in the Command plan.
Multi-Factor Authentication (MFA)
Enable Multi-Factor Authentication for extra security layers, included in the Command plan.
HIPAA/GDPR Compliance
Ensure compliance with HIPAA and GDPR regulations, included in the Command plan.
256-bit Encryption
Utilize 256-bit encryption for secure data protection, offered in the Command plan.
Activity Notifications: Email
Receive email notifications for user activities, available in the Command plan.
AI Sort (for Data Rooms)
Leverage AI technology to automatically sort documents within data rooms, available in the Command plan.
VDR Co-Pilot
Get assistance and guidance within your Virtual Data Rooms through the VDR Co-Pilot feature, offered in the Command plan.
Live Reporting
Stay informed with live reporting that ranks buyers based on their engagement levels, helping you keep track of interested parties effectively.
Conversation Tracking
Keep clients updated on every conversation with buyers, ensuring everyone is informed and transactions proceed smoothly.
Document Interest Tracking
Identify which document is generating the most interest, allowing you to focus on key areas and manage deals more effectively.
Buyer Engagement Tracking
Allows users to track buyer engagement by monitoring which documents buyers are viewing and which areas are of interest. This helps in understanding buyer behavior, which can turn interest into opportunities.
Multiple Buyers Management
Enables users to manage multiple buyers by inviting them into a secure space. This feature provides live reports based on buyer interests, updates clients with buyer conversation insights, and tracks documents to see which ones are getting attention.
Centralized Deal Management
Provides a centralized point for managing all deals, helping business brokers handle multiple transactions efficiently.
Live Reporting
Offers live reporting features to keep all stakeholders informed and up-to-date on deal progress and activities.
Document Views Management
Enables control and management of document views to facilitate smooth and secure communication with buyers.
Unlimited Rooms, Users, and Storage
Set up dedicated virtual rooms for each client's exit plan with no limits on usage, ensuring predictable billing and secure data management.
Effortless M&A Management
Captures data and assists in accelerating deal completion using a secure virtual data room.
Simplify Deal Management
Manage multiple deals easily and monitor buyer interaction from centrally-located platforms, enhancing buyer relationships.
Dedicated Virtual Rooms
Manage multiple clients with dedicated virtual rooms for each exit plan, keeping information organized and accessible.
Unlimited Users and Storage
Provide access to unlimited users and storage, ensuring no limitations on data and user management.
Engagement Tracking
Track engagement to monitor interest and progress throughout the exit planning process.
Real-time Strategy Updates
Receive real-time updates on strategies, ensuring all stakeholders are informed and aligned.
Centralized Document Management
Organize and manage documents centrally for ease of access and management during exit planning.
Investor Management
Helps streamline the process of managing investor relations by providing a platform to showcase your story, financials, and vision to potential investors. Ideal for companies preparing for Series A and beyond.
Investor Insights
Allows you to unlock insights about each investor, enabling your team to focus on key aspects of the fundraising process. This includes tracking engagement and understanding investor interests.
Buyer Engagement Tracking
Analyze the level of buyer engagement to identify the most interested parties, helping prioritize the most active prospects.
Real-Time Updates
Keep your team informed with real-time updates on buyer interactions, ensuring alignment throughout the process.
Document Interest Analysis
Identify which documents are driving the most buyer interest to focus on key aspects of the sale.