You need a better Data Room? Compare 7 best Merrill Datasite alternatives

Are you looking for reliable alternatives to Merrill Datasite for your data room needs in 2025? We've compiled a list of the top 8 data room software options to help you manage your due diligence and M&A processes with confidence and professionalism.

Full comparison at the end of the article including features, customization for all tools.

Do you need specialized data room software for due diligence?

As a business, you might wonder if you need specialized software to create an effective virtual data room for due diligence. Here's a straightforward answer:

No, you don't necessarily need specialized software

1. Use What You Know: Popular file sharing tools like Google Drive or Dropbox are often sufficient.
2. Focus on Content: The strength of your due diligence lies in your documents and how you present them, not in fancy software.
3. Keep It Simple: Clean, clear organization is more important than complex interfaces.

However, specialized tools can help

1. Enhanced Security: Data room software offers advanced security features that protect sensitive information.
2. Tracking and Reporting: Tools like activity tracking and audit trails are useful for monitoring engagement and compliance.
3. Efficient Collaboration: Specialized software facilitates better collaboration with features like Q&A management and customizable permissions.

Bottom line

• Familiarize yourself with the tools available.
• Prioritize your content and clear organization.
• Consider specialized tools if you need advanced features or enhanced security.

Papermark data room - Merrill Datasite alternative #1

Website: papermark.com

Papermark is a secure, modern data room (VDR) for diligence and M&A with transparent pricing, full white‑labelling (including custom domains), and page‑by‑page analytics. Teams use Papermark to run professional processes with granular permissions, NDAs, watermarking, and audit logs — without opaque pricing.

Papermark features

• White‑labelling and custom domains for a fully branded experience
• Page‑by‑page analytics across documents and decks
• Granular permissions, NDA gating, watermarking, and audit logs
• Unlimited data rooms with Q&A and structured folders
• Transparent pricing with a free plan and simple upgrades
• Option to self‑host on your own infrastructure

Papermark pricing

Data Rooms — €349/month with 7‑day free trial (data room)

Everything you need for professional due diligence and M&A:

• 5 team members included

• Unlimited documents and data rooms

• No file size limit

• Unlimited custom domains for data rooms

• Audit log for visitors

• Q&A module with permissions

• Automatic file indexing

• Assign users to data room

• New documents notifications

• Advanced customization and branding

• Request files from visitors

• Dedicated account manager

  Start with #1 Merrill Data Room alternative

Intralinks - Merrill Data Room alternative #2

Website: intralinks.com

Intralinks is a robust data room solution designed for large-scale M&A and due diligence processes.

Intralinks features

• Advanced security and encryption
• Comprehensive Q&A management
• Customizable permissions
• Audit trails and reporting

Intralinks pricing

• Contact for pricing

Firmex - Merrill Datasite alternative #3

Website: firmex.com

Firmex is a secure data room platform ideal for managing due diligence and M&A processes.

Firmex features

• Secure document sharing
• Customizable permissions
• Detailed activity tracking
• 24/7 support

Firmex pricing

• Contact for pricing

Ansarada - Merrill Datasite alternative #4

Website: ansarada.com

Ansarada is a data room platform that uses AI to streamline due diligence and M&A processes.

Ansarada features

• AI-powered document organization
• Advanced security features
• Q&A management
• Real-time reporting

Ansarada pricing

• Contact for pricing

Box - Merrill Datasite alternative #5

Website: box.com

Box is a cloud content management and file sharing service that can be used for due diligence data rooms.

Box features

• Secure file sharing
• User-friendly interface
• Integration with other tools
• Mobile access

Box pricing

• Individual Plan: $10/month
• Business Plan: $15/month per user

SecureDocs - Merrill Datasite alternative #6

Website: securedocs.com

SecureDocs is a straightforward and secure data room platform for due diligence and M&A processes.

SecureDocs features

• Secure document sharing
• Customizable permissions
• Audit trails
• Simple pricing model

SecureDocs pricing

• Standard Plan: $250/month

ShareVault - Merrill data room alternative #7

Website: sharevault.com

ShareVault offers a secure data room solution for due diligence, M&A, and other business processes.

ShareVault features

• Secure document sharing
• Advanced security features
• Customizable branding
• Detailed reporting

ShareVault pricing

• Contact for pricing

Comparison table for Merrill Datasite alternatives

Lern more about (Unlimited Data Rooms plan)

Conclusion: best Merrill Datasite alternatives for data rooms

For those seeking the best alternatives to Merrill Datasite for data rooms, Papermark stands out as a top choice. It offers comprehensive features such as document sharing, custom branding, and real-time tracking at a competitive price. While other tools like DocSend, Intralinks, and Firmex provide robust features, Papermark excels in offering a versatile and cost-effective solution for managing due diligence and M&A processes. Its user-friendly interface, combined with advanced security and customization options, makes it a strong contender for businesses looking to streamline their data room operations.