Why LockRoom?
Easy to Use
No training necessary.
Fast Set Up
Set up a data room in minutes!
No Limits
Unlimited users & storage.
Security & Compliance, Covered.
LockRoom is built to meet SEC and FINRA record retention requirements. All files and audit logs are automatically archived for 7 years.
Pricing
No credit card is required for a Free Trial.
Basic
$250/month
- ✓ 1 Data Room
- ✓ Unlimited Admins/Users
- ✓ Unlimited Storage
- ✓ Onboarding Session (optional)
- ✓ 14-day Free Trial
Most popular
90-Day Deal Pass
$1,200.00/90 days
- ✓ 1 Data Room
- ✓ Everything Basic, plus:
- ✓ Q&A
- ✓ Custom Notifications
- ✓ Daily Activity Reports
- ✓ Extend anytime for $300/month
Unlimited
$500/month
- ✓ Everything Basic, plus:
- ✓ Unlimited Data Rooms
- ✓ Q&A
- ✓ Custom Notifications
- ✓ Daily Activity Reports
Get more from LockRoom
5 Reasons Virtual Data Rooms Are Better Than Cloud Storage for M&A
8/6/2025
Why Healthcare and Legal Projects Require Strong Encryption Protocols
8/4/2025
Best Data Room Providers for Startups and Enterprises: Where Lockroom Fits In
7/25/2025
Frequently Asked Questions
Virtual Data Rooms have features that other file sharing services do not:
- Advanced Security Protocols for Compliance
- Activity Tracking
- Export Audit Logs Export Data Room Indexes
- Special Access Restrictions
- Watermarking for Documents
- Drag & drop your existing folder structures
- Add users by entering their email
- Give or restrict access to files
That is for you to decide! This Data Room Comparison Chart allows you to compare the top data room providers.
Anywhere from $300-$1,200/month.
Check out this blog post on 'How Much Should a Virtual Data Room Cost?' if you want to learn more.
A data room is a secure place to store and share business documents for M&A deals, fundraising, and other activities that require due diligence. Data rooms are also used by law firms and journalists for regulatory reasons.
LockRoom was built specifically for boutique banks and M&A Advisors that work on multiple sell-side deals at the same time. That being said, it can be used for any/all M&A transactions, IPOs, etc.