Drooms

German, European-owned data room with a free starter tier

Overview

Drooms is a German data room provider that describes itself as European-owned and “Made in Germany”, with more than 20 years of experience[12]. It reports more than 40,000 clients, more than 50,000 projects managed and more than 365 million pages uploaded[12]. The platform is sold as Drooms Hub, with Drooms Intelligence providing in-house AI that the vendor says can shorten deal preparation and due diligence by up to 50%, alongside automatic naming and folder allocation, OCR translation and a tabular review tool[12].

Drooms lists due diligence, M&A, fundraising, non-performing loan portfolios, tender management and asset lifecycle management among its use cases[12]. Its EU-only, georedundant hosting and ISO 27001 and ISO 27018 certifications appeal to sellers subject to GDPR. Unusually for an M&A-grade vendor, Drooms publishes a self-serve tier: a free Starter plan with three projects, 150 MB and two user licences, and paid Professional and Business plans that start at €19 per month, with Enterprise quoted separately[13]. Redaction on the lower tiers is limited to 20 pages[13].

Drooms features

  • EU-only georedundant hosting
  • Drooms Intelligence AI analysis
  • Auto naming and auto allocation of files
  • Q&A with approval flows
  • Certified archive
  • Tabular review of document data

Drooms pricing

Starter €0 (3 projects, 150 MB, 2 users); Professional from €19/month (500 MB and 2 users, scaling to 10 GB and 20 users); Business from €19/month (2 GB and 20 users, scaling to 10 GB and 100 users); Enterprise custom. Monthly or annual billing, with the vendor stating a 10% annual saving.

Drooms strengths and limitations

Strengths

  • Free tier and low entry price unusual for an M&A-grade vendor
  • EU hosting and European ownership
  • Strong AI document-analysis tools
  • Specialist use cases such as NPL and asset management

Limitations

  • Redaction capped at 20 pages on Starter and Professional
  • Low storage on self-serve plans
  • AI features described as free only for a limited time
  • Founding year and headquarters not stated on its home page

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