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.
Single Room
$250/month
For Founders/Owners
- ✓ 1 Data Room
- ✓ Unlimited Admins/Users
- ✓ Unlimited Storage
- ✓ Custom Notifications
- ✓ Daily Activity Reports
- ✓ 14-day Free Trial
Most popular
Unlimited
$500/month
For Bankers/Advisors
- ✓ Unlimited Rooms
- ✓ Unlimited Admins/Users
- ✓ Unlimited Storage
- ✓ Custom Notifications
- ✓ Daily Activity Reports
- ✓ 14-day Free Trial
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9/2/2025
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
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.
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.
That is for you to decide! LockRoom was built specifically for Boutique Investment Banks and Founders running sell-side deals. If that's you, you're in the right place.