Why LockRoom?
Restrict Access
Permissions for each buyer.
Easy to Use
Set up a data room in minutes!
No Limits
Unlimited users & storage.
Pricing
No credit card is required for a Free Trial.
Basic
$250/month
- ✓ 1 Data Room
- ✓ Unlimited Admins/Users
- ✓ Unlimited Storage
- ✓ Onboarding Session (optional)
- ✓ 14-day Free Trial
Most popular
Unlimited
$500/month
- ✓ Everything Basic, plus:
- ✓ Unlimited Data Rooms
- ✓ Q&A
- ✓ Custom Notifications
- ✓ Activity Reports
90-Day Deal Pass
- ✓ 1 Data Room
- ✓ Everything Basic, plus:
- ✓ Q&A
- ✓ Custom Notifications
- ✓ Activity Reports
- ✓ Extend anytime for $300/month
Get more from LockRoom
Don't Let Your Virtual Data Room Be the Weak Link: Here's How to Audit It Like a Pro
5/5/2025
Why More Accelerators Are Recommending Data Rooms to Startups
5/2/2025
Essential Questions to Ask a Business Broker Before Sealing the Deal
4/30/2025
Frequently Asked Questions
Virtual Data Rooms have features that other file sharing services do not:
- Advanced Security Protocols for Compliance
- Activity Tracking
- Export Audit Logs Export Data Room Indexes
- Special Access Restrictions
- Watermarking for Documents
- Drag & drop your existing folder structures
- Add users by entering their email
- Give or restrict access to files
That is for you to decide! This Data Room Comparison Chart allows you to compare the top data room providers.
Anywhere from $300-$1,200/month.
Check out this blog post on 'How Much Should a Virtual Data Room Cost?' if you want to learn more.
A data room is a secure place to store and share business documents for M&A deals, fundraising, and other activities that require due diligence. Data rooms are also used by law firms and journalists for regulatory reasons.
LockRoom was built specifically for boutique banks and M&A Advisors that work on multiple sell-side deals at the same time. That being said, it can be used for any/all M&A transactions, IPOs, etc.