Overview
Peony is a newer data room provider that charges only for administrators: viewers are unlimited and free on every plan, and it states there are no per-page, per-document, per-room, per-guest, storage-overage or set-up fees[13]. It says more than 8,000 teams use it[13].
On its pricing page dated 18 August 2026, a Free plan allows 50 documents and 500 MB; Business costs US$30 per admin per month annually (US$44 monthly) with up to 1,000 documents, three rooms per admin and 100 GB; Data Room costs US$52 annually (US$75 monthly) with unlimited documents, rooms and storage, dynamic watermarking, advanced NDAs, custom domains and AI room generation; and Deal Team costs US$64 annually (US$89 monthly) with a four-admin minimum, adding advanced redaction, API access and archive download[13]. Enterprise adds SAML SSO, bring-your-own-key encryption, self-hosting and white-labelling[13].
Peony describes itself as SOC 2 Type II-ready and ISO 27001-ready with audits underway, rather than certified[13], which some institutional counterparties will treat as a gap. Room access stops as soon as a subscription ends, with closed rooms kept for 30 days by default[13].
Peony features
- Unlimited free viewers on every plan
- Dynamic watermarking and screenshot protection
- NDAs with countersigning
- AI room generation and document Q&A
- Advanced Q&A and redaction (Deal Team)
- Self-hosting and BYOK (Enterprise)
- Unlimited free viewers
- AI room generation and Q&A
Peony pricing
Free $0 (50 documents, 500 MB, no data rooms); Business $30/admin/month annual ($44 monthly); Data Room $52/admin/month annual ($75 monthly); Deal Team $64/admin/month annual ($89 monthly), minimum 4 admins; Enterprise custom. USB archive delivery $99 per drive.
Peony strengths and limitations
Strengths
- Viewers never billed
- Published prices with no overage fees
- Self-hosting option at Enterprise level
- AI room generation
- Lowest published price in this list
- No storage or page fees
Limitations
- SOC 2 and ISO 27001 audits not yet complete
- Q&A and redaction reserved for the Deal Team tier
- Young vendor with limited public company information
- No free trial of paid data room plans
- No completed SOC 2 or ISO 27001 audit
- Access ends immediately on lapse
Appears in
Peony alternatives and competitors
Alternatives to Peony: companies ranked in the same lists.
Datasite
Intralinks
Ideals- DFIN Venue
Ansarada
Firmex- SecureDocs
Digify- CapLinked
ShareFile Virtual Data Room
Drooms
Papermark
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