Best for startups

Free Data Room Software for Startups

Which data room and deck sharing tools a startup can share its pitch deck and due diligence files with for free today, how many documents or rooms the free plan covers, what viewer analytics it gives, whether a card is needed and what the first paid plan costs, read from each tool's own page.

10data room tools with a free allowance
4deck sharing tools
6virtual data rooms
1startup program for more

Free allowances read on each provider's own pages, all checked on or after . Data room tools change their free plans from time to time: confirm the terms on the tool's page before you send your deck to investors.

Data room and deck sharing tools a startup can use for free today include Papermark (Free: 50 links and 50 documents), Ansarada (Free to set up and prepare), Peony (Free plan, up to 50 documents), Orangedox (14-day free trial, no card needed), and BriefLink (Always free, private deck links). Each of the 10 free plans below links to the tool's page that states it, with its main limit, what viewer analytics it gives, whether a card is needed and what the first paid plan costs.

Fundraising means sending a deck to dozens of investors and, later, opening a data room for the one leading the round. Deck sharing tools show who opened the deck and which pages they read; data rooms control who sees each diligence file. Several have a free plan, and the rest start with a trial.

The headline rarely tells you how far it goes. A free plan can cap documents or links, show the tool's branding, or keep page-by-page analytics and custom domains for paid plans, and most full data rooms are free only for a trial. Each tool below shows what is free, its main limit, what viewer analytics it gives, whether a card is needed and what the first paid plan costs, quoted from the tool's own page with the date we read it.

Which tools we picked and the order they appear in are our editorial choices; the terms are the providers'. Some of these providers pay us a referral commission when someone signs up through our link: those links are labeled, and they play no part in which tools are listed or where.

Deck sharing

Pitch deck and document sharing with a free plan

Share a deck by link and see who read which page, with a free plan to start.

  1. 1

    Papermark

    Pitch decks shared with view analytics, free

    Papermark's free plan gives 50 links and 50 documents with unlimited visitors and page-by-page analytics, and needs no credit card.

    Start free at PapermarkReferral linkTerms read on papermark.com on Papermark: the free allowance and how to start
  2. 2

    Peony

    Solo founders sharing a first deck, with page analytics

    Peony's Free plan is fully functional with up to 50 documents and page-by-page analytics, and needs no credit card. Its first paid tier, Business, is $30 per admin a month billed annually.

  3. 4

    DocSend

    Pitch decks and data rooms, with a 14-day full trial

    A new DocSend account starts on a 14-day trial of its Advanced Data Rooms plan, with up to 500 uploaded documents. Space notifications are not on the trial, and the first paid plan, Personal, is $10 per user a month.

Virtual data rooms

Virtual data rooms with a free plan or trial

Permissioned folders for due diligence, with a free plan or a trial.

  1. 1

    Ansarada

    Preparing a raise or sale before the room goes live

    Ansarada's data room is free to set up and prepare. Payment starts once the room goes live or 90 days after it was created, whichever comes first.

  2. 2

    Orangedox

    Founders sharing decks and diligence files from Google Drive

    Orangedox starts a 14-day free trial with no credit card required, and its Business plan lists unlimited data rooms. The first paid plan, Starter, is $55 USD a month billed yearly.

  3. 3

    Digify

    Deal teams testing a data room before paying

    Digify offers a free, non-obligatory 7-day trial with Team plan features on a limited basis, and no credit card details are required. Its Pro plan is $140 per month.

    Start free at DigifyTerms read on help.digify.com on Digify: the free allowance and how to start
  4. 4

    Papermark Data Rooms

    Data rooms with analytics, after a 7-day trial

    Papermark's Data Rooms plan starts with a 7-day free trial, with no credit card needed to begin. The plan includes unlimited data rooms and Data Room analytics.

    Start free at PapermarkReferral linkTerms read on papermark.com on Papermark Data Rooms: the free allowance and how to start
  5. 5

    iDeals

    Deal teams trialling a full virtual data room

    iDeals offers a free trial, a limited-time free-of-charge service period that starts when the first data room is opened. Its trial page lists unlimited administrators.

    Start free at iDealsTerms read on idealsvdr.com on iDeals: the free allowance and how to start
  6. 6

    ShareVault

    Teams evaluating a data room before committing

    ShareVault offers a free trial to evaluate the platform and its benefits before committing. The trial length is not stated on its pricing page.

When the free plan runs out

Fundraising startup programs

Programs from fundraising and data room companies that give startups free months or discounts.

Referral offers

Also useful for fundraising

Referral links, picked for fit and ordered by fit (70%) and what a signup earns us (30%), at no cost to you. They never change this page's ranking.

Head to head

Compare the top options

Methodology

How this comparison is built

The list covers data room and document sharing tools a founder can use for free today without applying to a program. The order and the "best for" notes are our editorial reading of each tool's terms. Every term comes from the tool's own pricing or help page on the date shown, never from a third-party list; follow each link for the full conditions. A cap on documents or rooms, or analytics kept for paid plans, can matter more than the headline, so the comparison quotes them wherever the tool states them. Some of these tools pay StartupPerks a referral commission, and their links are labeled as referral links; that decides neither whether nor where a tool appears, and no tool pays for a placement on this page.

Read the full methodology
Questions

Common questions

What is the best free data room for a startup?

It depends on the stage. By the terms each tool states, Papermark's free plan covers 50 links and 50 documents, Peony's up to 50 documents and BriefLink's private deck links for free, while full data rooms such as DocSend, Digify and Orangedox start with a trial and Ansarada is free while you set up and prepare.

Is DocSend free?

DocSend offers a 14-day trial of its Advanced Data Rooms plan with up to 500 documents. Its Personal plan costs $10 per user a month.

What is a free DocSend alternative?

Papermark is free for 50 links and 50 documents, Peony's free plan holds up to 50 documents, and BriefLink is always free for private deck links.

Is Ansarada free for startups?

Ansarada lets you set up and prepare a data room for free, and payment starts when the room goes live or on day 90.

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StartupPerks is a comparison tool and is not endorsed by the programs it lists. It is a referral partner of some providers, and those links are labeled where they appear. AITraining.jobs and Founden are run by the same company as StartupPerks: their listings are free, ranked by the same rules as every other program, and labeled "Same owner as StartupPerks" wherever they appear. Values and eligibility are aggregated from each provider's public pages and can change or be incomplete. Always confirm the current terms and your eligibility on the provider's own page before applying.