Virtual Data Rooms & Transaction Security AI-powered Verified

Progress Sharefile

United States

Progress ShareFile combines document sharing, workflow automation and client collaboration in a single platform.

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Key features

  • Granular security controls – User-, group-, and folder-level permissions with encryption in transit and at rest help protect confidential information.
  • Easy deployment & collaboration – Intuitive upload, organization, and secure sharing workflows simplify collaboration with internal and external stakeholders.
  • – Automatic, customizable watermarks on viewed and downloaded documents help deter unauthorized sharing and improve traceability.
  • Folder Q&A – Centralized Q&A workflows streamline buyer, investor, or auditor questions and responses during due diligence.
  • Activity alerts & full-text search – Notifications for document activity and full-text search help teams monitor engagement and quickly find information.
  • Compliance & security – HIPAA-enabled configurations and SOC-certified security controls support organizations with regulatory and governance requirements.

AI capabilities

ShareFile helps M&A and other deal teams accelerate due diligence with AI-powered document request generation, intelligent file organization, and secure collaboration in a virtual data room environment.

Integrations

  • Outlook integration to send/request files via secure ShareFile links, desktop sync apps, and Active Directory/SSO integration
  • integrates with Microsoft 365/Office for document collaboration workflows.

More information

Progress ShareFile Virtual Data Room is used by startups, SMBs, and enterprise organizations to manage due diligence and other sensitive document workflows. It combines secure file sharing with virtual data room capabilities such as Folder Q&A, check-in/check-out, granular permissions, and activity reporting, making it a popular alternative to traditional enterprise virtual data room solutions for many organizations.

What Makes Progress Sharefile Different

Key differentiators highlighted by the vendor.

  1. Integrated secure file sharing and virtual data room capabilities
  2. Built-in due diligence collaboration tools
  3. Strong security and compliance controls

Key facts

Year founded
1981
Pricing
Per-user subscription. VDR plan: USD 67.50–75.00 per user per month, minimum 5 users (effective floor ~USD 337–375/month). Annual subscription discounts may be available. Unlimited client (external) users at no additional cost.
Deal stage
Diligence
Target market
Progress ShareFile Virtual Data Room is a secure file sharing and virtual data room platform for M&A due diligence, fundraising, audits, litigation, and other confidential business processes, with granular permissions, dynamic watermarking, real-time audit trails, and built-in Folder Q&A workflows.

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