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Progress Software (Citrix ShareFile) · Small business and mid size transactions

ShareFile Virtual Data Room review

ShareFile Virtual Data Room extends the wider ShareFile file sharing platform with due diligence specific features. It suits smaller businesses already familiar with ShareFile more than dedicated M&A advisory teams needing deep deal management tools.

What it does well

  • +Published per user pricing gives buyers clear cost visibility, unlike many quote only competitors.
  • +Builds on the established ShareFile file sharing platform used broadly by small and mid size businesses.
  • +Annual billing offers roughly a 10 percent discount against monthly pricing.

Where it falls short

  • −Minimum user counts and per user pricing can make it costly for very small one off deals.
  • −Deal specific features such as structured due diligence workflows are less developed than dedicated M&A VDRs.

Pricing

ShareFile Virtual Data Room is billed at $77 per user per month with a minimum of 5 users on monthly billing, or $831.60 per user per year on annual billing.

Security and compliance

ShareFile states encryption of documents at rest and in transit along with granular access controls and a full audit trail for document activity.

ShareFile Virtual Data Room at a glance

ShareFile Virtual Data Room is made by Progress Software (Citrix ShareFile), based in Raleigh, United States. It ranks 69 of 99 platforms with a score of 6.8 out of 10. Entry price is $77 / user / mo (Minimum 5 users, monthly billing, annual discount available), access is offered as free trial, and the documented security position is Encryption at rest and in transit, granular permissions, audit trail. Checked 1 September 2026.

  • Structured Q&A

    Yes

  • AI redaction

    Not documented

  • Dynamic watermarking

    Yes

  • DRM and revocation

    Yes

  • Public API

    Yes

  • SSO and SAML

    Yes

  • MCP integration

    Not documented

  • Contract management

    Not documented

  • Legal drafting

    Not documented

  • Self serve trial

    Yes

Vendor page checked: https://www.sharefile.com/plans/sharefile-virtual-data-room

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