Flat rate data rooms.
No surprise invoices.
Unlimited rooms, users, and pages.
Four reasons bankers switch.
Clean team controls bankers actually use.
Set View Watermarked, Download Watermarked, View Original, and Download Original per buyer group, folder, and file. Watermarked previews by default, original downloads only when you say so.
Start Free Trial →Every click, logged.
Exportable audit logs for every view, download, and permission change, with timestamps and IP addresses. Export to PDF whenever your compliance team asks.
Start Free Trial →Every view. Every download. On the record.
Every view, download, and permission change is recorded in the room's audit log with timestamps and IP addresses, exportable to PDF at any time. Closed rooms are archived with the audit record retained for 7 years. Hosted on AWS. 256 bit AES encryption at rest, TLS in transit.

Same deal. Two very different invoices.
We've seen one quote go from $3,750 to $17,640 at close. Flat pricing ends that.

“I sold enterprise data rooms for years. Boutique banks deserve better.LockRoom is built for them.”
TJ Moruzzi·Founder, LockRoom
Book 15 minutesFlat rate. No per page invoices.
Two plans, same features. Live same day. No card. No surprise invoices.
- 1 data room
- Unlimited admins and users
- No per page fees
- No storage overage fees on standard usage
- 14 day free trial, no credit card required
- Unlimited data rooms
- Unlimited admins and users
- No per page fees
- No storage overage fees on standard usage
- 14 day free trial, no credit card required
Frequently asked.
How is LockRoom different from Dropbox or Google Drive?+
LockRoom is built specifically for M&A: permissions per buyer group, folder, and file, watermarked previews that identify the viewer, redaction, and a full audit log of every view, download, and permission change. Dropbox and Google Drive have their own sharing permissions, and Drive lets owners turn off download, print, and copy for viewers. The difference is that LockRoom organizes the room around buyer groups and gives you a per buyer activity record you can export at close.
How long does it take to set up a room?+
Most users have a room populated in 15 minutes. Drag your existing folder structure in. Invite buyers by email. Permission defaults handle the rest.
Who uses LockRoom?+
Boutique investment banks, M&A advisors, business brokers, and founders running sell side deals in the lower middle market.
How much does a virtual data room cost?+
Some VDRs do not publish pricing, and some bill on pages, storage, or users, so the invoice can grow during diligence. LockRoom is flat: $375/mo for a single room, month to month, or $6,000/yr for unlimited rooms, billed annually.
How long does LockRoom keep the audit log?+
Every view, download, and permission change is logged with timestamps and IP addresses, and you can export the log to PDF at any time. Closed rooms are archived with the audit record retained for 7 years. Recordkeeping obligations sit with your firm, so export each room at close into your own archive.
Close your next deal in LockRoom.
Unlimited rooms. Flat pricing. Audit logs regulators accept.
Live same day. No card. 14 day trial.