Join waitlist
Back to products
Peony Dataroom

Peony Dataroom

The DocSend alternative founders love

Website peony.ink
Overview

What it is

Peony is a virtual data room (VDR) with AI-powered Q&A, Redaction, page-level analytics, NDA, Watermark, E-signatures, and Enterprise Security. No per-page fees. No storage limits. No setup fees. Built for boutique M&A advisors, PE and VC funds, real estate teams, and startups — from fundraising to due diligence.

Intent

I need it when

Conduct M&A due diligence with multiple bidders while controlling document access and tracking engagement

Peony enables deal teams to create separate NDA-gated data rooms per bidder with granular folder/file/page-level permissions, dynamic watermarks embedding viewer identity, screenshot protection, and per-page analytics showing time spent and drop-off points. Smart Q&A workflow lets bidders submit questions that AI drafts answers for, with team review before approval—accelerating due diligence cycles from weeks to days while maintaining audit trails for compliance.

Replace expensive legacy VDR contracts ($15K–$50K per deal) with transparent, predictable pricing for lean deal teams

Peony's $40/admin/month Business plan includes all enterprise features (AI, security, analytics, e-signatures, unlimited storage) with no per-deal, per-page, or per-user overage fees—delivering 99% cost reduction versus Datasite/Intralinks ($25K+/deal) and 80% savings versus Papermark's $199/month Data Room plan. Setup in 5 minutes with no setup fees or legacy contracts justifies the model for independent sponsors, boutique advisors, and startups managing multiple deals annually.

Manage large document repositories (1000+ files) for PE/VC fund operations without manual folder organization or per-page storage penalties

Peony's Business plan ($40/admin/month) offers unlimited storage and files with no per-page or per-GB fees. AI auto-indexing classifies uploads into correct folders, scores room completeness, and surfaces missing documents. Smart search and permission suggestions by deal role reduce setup time from days to minutes. Flat per-admin pricing means cost stays predictable regardless of file count or viewer volume.

Share sensitive fundraising materials (pitch decks, financial models) with investors while understanding which sections drive engagement

Peony's page-by-page analytics (available on Free plan) show founders exactly which slides each investor viewed, time spent per page, and drop-off points—revealing which sections resonate and which need refinement. Personalized links per investor enable tracking without per-viewer fees. Business plan adds screenshot protection and dynamic watermarks to prevent cap-table leaks, and Pro plan includes e-signatures for term sheets—all within the same data room.

Ensure compliance with regulatory audit requirements (SOC 2, GDPR, CCPA, HIPAA, FINRA Rule 4511) while sharing confidential documents

Peony's infrastructure is SOC 2-ready with AES-256 encryption at rest and TLS 1.3 in transit on all plans. Every plan includes full audit trails logging viewer identity, timestamps, IP addresses, and device details—exportable for compliance reviews. Business plan adds approved-email lists, NDA gating, and screenshot protection to demonstrate layered access controls. 99.96% uptime since August 2025 exceeds legacy VDR SLAs, supporting continuous examiner access.

Drop

Not a fit when

  • Organization requires on-premise or self-hosted deployment; Peony is cloud-only SaaS
  • Team needs unlimited AI credits without monthly limits; Free plan capped at 10/month, Pro at 200/month, Business at 1000/month
  • Use case requires sub-5GB storage with no upgrade path; Free plan limited to 2GB, Pro to 200GB
  • Organization cannot use third-party cloud infrastructure; Peony runs on external cloud infrastructure, not internal servers
  • Buyer needs per-viewer or per-page licensing model; Peony charges only per-admin, making it inefficient for teams with many admins but few viewers
Commercials

Pricing

USD0 - USD40 / monthly View pricing