---
title: "Papermark — secure virtual data room and document sharing"
lang: en
canonical_url: https://www.papermark.com
last_updated: 2026-08-01
summary: "Secure virtual data room and document sharing platform for M&A, fundraising, and due diligence — with NDA gating, dynamic watermarking, granular permissions, Q&A, page-by-page analytics, MCP, and API. Open source, self-hostable, from €99/month."
---

# Papermark

> Papermark is a secure virtual data room (VDR) and document sharing platform for M&A, fundraising, due diligence, and confidential document sharing. It is open source and can be self-hosted, and you can start for free.

Papermark's core product is its **virtual data rooms**: unlimited, permissioned
rooms with NDA gating, dynamic watermarking, granular access, Q&A, and
page-by-page analytics — from €99/month. It also offers lighter document sharing
for individual files, and AI agents can create and run data rooms over the public
API, CLI, and MCP server. Papermark is certified (SOC 2 Type II, ISO 27001,
GDPR), open source, and self-hostable — so it is more secure than legacy
providers while replacing their quote-based, per-page pricing with a flat rate.

## Key facts

- Transparent, flat pricing. Data Rooms from €99/month or $119/month (annual): Data Rooms €99 · Plus €249 · Premium €549 · Unlimited €999 · Custom (contact). Lighter document sharing: Free €0, Pro €24, Business €59. A 7-day free trial of Data Rooms Plus needs no card. See [pricing](https://www.papermark.com/pricing.md).
- Core features: page-by-page analytics, dynamic watermarking, one-click NDA gating, granular folder/file permissions, Q&A module, file requests, AI redaction, append-only audit log, custom domains, and white-label branding.
- Security and compliance: SOC 2 Type II, GDPR, ISO 27001, EU data hosting, bring-your-own storage bucket, and an optional self-hostable open-source deployment for full data sovereignty.
- The only virtual data room with a fully public API, CLI, and MCP server (43 tools), so deal teams and AI agents can create and run data rooms programmatically.
- Rated 4.9/5 across 171 reviews (G2, Product Hunt, Reddit).

## Who it's for

- Startup founders raising Seed to Series C
- Venture capital and private equity funds
- M&A advisors and investment banks
- Family offices and fund administrators
- Law firms and legal teams
- Biotech and life sciences
- Real estate teams
- Sales teams sharing proposals and pitch decks

## Key pages

- [Data Room](https://www.papermark.com/data-room.md): The core product — secure data rooms with permissions, watermarking, NDA, and analytics. ([.md](https://www.papermark.com/data-room.md))
- [Pricing](https://www.papermark.com/pricing.md): Plans, prices, and limits. ([.md](https://www.papermark.com/pricing.md))
- [Security](https://www.papermark.com/security.md): SOC 2 Type II, GDPR, ISO 27001, encryption, EU hosting. ([.md](https://www.papermark.com/security.md))
- [Enterprise](https://www.papermark.com/enterprise.md): SSO, self-hosting, white-label, dedicated support. ([.md](https://www.papermark.com/enterprise.md))
- [For agents](https://www.papermark.com/agents.md): Operate Papermark from AI agents over MCP and REST. ([.md](https://www.papermark.com/agents.md))

## Features

- [Document analytics](https://www.papermark.com/document-analytics.md): Per-page, per-viewer engagement analytics.
- [Dynamic watermarking](https://www.papermark.com/dynamic-watermarking.md): Session watermarks with viewer email, IP, and timestamp.
- [Screenshot protection](https://www.papermark.com/screenshot-protection.md): Blocks and flags screenshot attempts.
- [Password protection](https://www.papermark.com/password-protection.md): Password-gated document and data room links.
- [One-click NDA](https://www.papermark.com/one-click-nda.md): NDA acceptance required before documents load.
- [Secure file sharing](https://www.papermark.com/secure-file-sharing.md): Trackable file sharing with access controls.
- [AI data room assistant](https://www.papermark.com/ai.md): Chat with a data room, grounded and cited answers, AI redaction.

## Use cases

- [Data room for startups](https://www.papermark.com/data-room-for-startups): Fundraising data rooms for founders.
- [Data room for investors](https://www.papermark.com/solutions/data-room-for-investors): Data rooms for VCs, funds, and LPs.
- [M&A data room](https://www.papermark.com/ma-data-room): Sell-side and buy-side deal rooms.
- [Due diligence data room](https://www.papermark.com/data-room-due-diligence): Structured, permissioned diligence.
- [Real estate data room](https://www.papermark.com/real-estate-data-room): Property and transaction documents.
- [Legal data room](https://www.papermark.com/legal-data-room): Confidential legal document sharing.
- [Virtual data room providers](https://www.papermark.com/virtual-data-room-providers): How Papermark compares to other VDRs.

## Customers

Used by founders, funds, and advisors closing real deals:

- [Backtrace Capital](https://www.papermark.com/customers/backtrace): raised a €50M+ Fund I with Papermark Data Rooms.
- [TBD VC](https://www.papermark.com/customers/tbd-vc): raised a $35M fund.
- [Two](https://www.papermark.com/customers/two-inc): secured €13M to scale global B2B payments.
- [Tab](https://www.papermark.com/customers/tab-kivra-acquisition): ran its acquisition diligence (acquired by Kivra).
- [Differential Bio](https://www.papermark.com/customers/differential-bio): raised a $2M pre-seed round.
- [RiskScout](https://www.papermark.com/customers/riskscout-vendor-due-diligence): vendor due diligence.
- [Yuno](https://www.papermark.com/customers/yuno): scaled to 20 sales reps sharing proposals.
- More: [customer stories](https://www.papermark.com/customers).

## Compare

- [Papermark vs DocSend](https://www.papermark.com/papermark-vs-docsend)
- [DocSend alternatives](https://www.papermark.com/docsend-alternatives)
- [iDeals alternatives](https://www.papermark.com/ideals-vdr-alternatives)
- [Intralinks alternatives](https://www.papermark.com/intralinks-alternatives)
- [Datasite alternatives](https://www.papermark.com/alternatives/datasite)
- [All alternatives](https://www.papermark.com/alternatives)

## Developer (API, CLI, MCP)

- [Papermark for agents](https://www.papermark.com/agents.md): Let AI agents operate Papermark over MCP and REST — 43 typed MCP tools, scoped tokens, full audit trail.
- Developer docs: https://www.papermark.com/docs
- Public HTTP + JSON API with bearer tokens; 43 operations across data rooms, documents, folders, links, views, and visitors.
- MCP server (`@papermark/mcp-server`) exposes 43 tools so AI agents (Claude, Cursor) can create and control data rooms.
- Hosted MCP endpoint: https://mcp.papermark.com/mcp
- CLI: `npm install -g papermark`.

## For AI agents

- Append `.md` to any blog post or product page for a clean Markdown version (e.g. https://www.papermark.com/pricing.md).
- Full single-file reference: https://www.papermark.com/llms-full.txt
- Short index: https://www.papermark.com/llms.txt
- Developer docs (agent index): https://www.papermark.com/docs/llms.txt
- MCP discovery: https://www.papermark.com/.well-known/mcp.json
- Agent skill: https://www.papermark.com/.well-known/agent-skills/index.json

## Resources

- [Start for free](https://app.papermark.com/login): Sign up or log in — free to start, no card required.
- [Start a data room — free 7-day trial](https://app.papermark.com/welcome?type=dataroom): Try the Data Rooms Plus plan, no credit card required.
- [Blog](https://www.papermark.com/blog): Guides on data rooms, due diligence, fundraising, and M&A.
- [Customers](https://www.papermark.com/customers): Stories across VC, PE, family offices, M&A, and real estate.
- [Changelog](https://www.papermark.com/changelog): Product updates and new features.
- [Help center](https://www.papermark.com/help): Guides and answers for using Papermark.

---

_Markdown index for AI agents and LLMs. Full reference: [llms-full.txt](https://www.papermark.com/llms-full.txt) · short index: [llms.txt](https://www.papermark.com/llms.txt)._