Many investors and M&A advisors believe that all VDRs are priced the same. The pricing for virtual data rooms varies widely. Some use per-page, per-user and storage size pricing models while others offer a fixed monthly fee. You can save time and money by choosing the most appropriate pricing model.
The flat-rate model is the most popular option with plans with prices ranging from $400-$1,000. This type of plan typically comes with a predetermined number of users, a certain amount of storage space, and the option to add more users or space as required. This is a great choice for transactions or projects that require a high level of security.
Other vendors employ a per-gigabyte (GB) pricing structure, with prices between $60 to $77 per month. This is a good option for projects that have smaller text file sizes because it’s more affordable than other options and does not incur excess fees.
Some providers offer licensing per user, which is perfect for teams with a limited number of members. This pricing strategy is not suitable for larger projects, as overage charges are incurred when the number of licenses is greater than the limit set by the provider.
Certain vendors offer a combination of these pricing models, and their pricing plans typically depend on the business’s industry and needs for the project. You can choose the best virtual dataroom by evaluating these elements.