How Much Does a Virtual Data Room Cost?
Many investors and M&A advisers assume that all VDRs have the same prices. Virtual data room pricing varies significantly. Some employ per-page, user and storage size pricing models whereas others have a flat monthly fee. You can save time and money by selecting the right pricing structure.
The flat-rate plan is the most popular option and providers offer plans that range from $400 to $1,000. This model typically comes with the same ideals vs clinked number of users and a predetermined amount of storage space, and allows for additional space and users to be added at any time. This is a great option for projects or transactions that require a high level of security.
Other vendors utilize a per-gigabyte (GB) pricing structure that has prices ranging from $60 and $77 per month. This is a great choice for projects with small text file sizes, because it’s more affordable than other options and avoids overage fees.
Some providers offer licensing per user, which is perfect for teams with a small number of members. This type of pricing model may not be ideal for large projects because the cost of overage will be due if the number licenses is exceeded.
Some vendors offer a mix of these pricing plans, and their pricing plans usually depend on the company’s industry as well as the requirements of the project. Taking all of these factors into consideration will assist you in choosing the best virtual data room for your needs.