Description
Peony is a virtual data room for securely sharing sensitive documents and tracking how they are engaged. Users control what each viewer sees with per-document permissions, monitor page-by-page engagement analytics and visitor activity, and revoke access with one click. It is used by M&A advisors, PE and VC funds, CRE teams, family offices, law firms, startups, and other deal teams.
Documents are locked down by default with AES-256 encryption, link expiration, password protection, dynamic watermarking, document redaction, and screenshot protection (Screenshield). Built-in e-signatures cover NDAs and agreements, with a Simple NDA click-to-acknowledge option and an Advanced NDA true digital-signature workflow that delivers a signed PDF and audit trail to both parties. AI features let viewers and admins chat with files and folders, generate and auto-organize files and folders, and run structured Q&A workflows.
Peony emphasizes flat, transparent per-admin pricing with unlimited free viewers and no per-page or storage fees. Plans include a free tier, Business from $30/admin/month, Data Room (the most popular tier) from $52/admin/month, Deal Team from $64/admin/month (minimum 4 admins), and custom Enterprise. Rooms can be set up in under five minutes with no credit card required.
Peony's Core Features
Virtual data room with per-document and per-user permissions
Page-by-page engagement analytics and visitor activity tracking
One-click access revoke and link expiration
Dynamic watermarking, redaction, and screenshot protection
AES-256 encryption and password protection
Built-in e-signatures with Simple and Advanced NDA workflows
AI document chat, file generation, and auto-organization
Structured Q&A workflows and full audit trails
How to use Peony?
Create a room: Set up your first data room in under five minutes with no credit card.
Upload and organize: Add documents and let AI auto-organize and index folders.
Set permissions: Choose view, download, or no-access per file and per user, and add NDAs or watermarks.
Share securely: Send branded links to unlimited free viewers with expiration and password options.
Track engagement: Monitor page-by-page analytics and revoke access anytime.
Peony's Use Cases
- Fundraising
- M&A due diligence
- Investor relations
- Legal document sharing
- Recruiting and onboarding







