Ansarada is an AI-powered virtual data room designed by Ansarada Group Ltd., an Australian software company headquartered in Sydney, Australia. With this solution, companies of all sizes securely share data, track workflows, and communicate with investors, facilitating decision-making.
Free trial: Yes
Ease of use
Ease of setup
Ansarada was launched in 2005 as data room software. Today, this SaaS platform offers a wide range of solutions. They can help with corporate transactions and deals, asset management, and other business aspects.
As for Ansarada virtual data room, it promises to make due diligence seamless across various industries. Whether you need it for consumer retail, financial services, or commercial real estate, the platform will deliver.
This data room provider promises adaptable software that suits your needs. You can get a solution for IPO, targeted acquisitions, or audit management. These will fit different roles, ranging from investors to tender advisors and companies. Ansarada Deals offer a project management tool that allows a centralized option to monitor all project workflows. It ensures you stay in control from a single location.
Ansarada data room features
User and data management
Pros and cons
Overall, Ansarada has many strong features that make it worth trying. The access controls are intuitive, and security settings ensure everything stays safe. Thanks to the simple user interface, you’ll become comfortable with the platform quickly. And although some things could be better, especially short-term pricing, Ansarada data room remains a fine solution for both companies and advisors.
- Helpful AI tools, including reporting, redaction, and uploading
- Customizable watermarks
- Clean, intuitive interface
- Built-in file archiving and zip download
- Impressive 24/7 customer service support
- Email file-in and Q&A support
- Product updates based on customer feedback
- Clunky Q&A workflows with missing follow-up questions
- Small upload size limits for individual files
- Truncated file names when downloading bulk files
- Drag-and-drop functionality produces too many clicks
The company’s client services officially ranked #1 for client satisfaction. Their NPS score is 68, which is double the industry average. You can reach support around the clock and via different channels, including email, phone, or live chat. If your request is complex, an account manager will deal with your problem. That slows the process since they don’t always try to understand the user’s needs but only send general info.
Ansarada offers a 14-day trial for its platform. That’s convenient because you have two weeks to test the service and see if it fits your needs. From there, you can pick between multiple pricing plans for companies and advisors. Advisors will only pay when their first guest accesses the platform, which ensures you have enough time for preparation.
You pick a plan based on the storage you need and the desired service duration. Ansarada gives huge benefits for long-term deals, but the pricing progression is aggressive. A monthly deal for 1GB of space will cost $1,099. But if you agree to a 12-month deal, you’ll pay $624 per month.
The storage options vary from 250MB to 4+ GB. If you exceed the allocated bandwidth, you can pay for the extra storage based on MBs. That seems like a good idea until you calculate the additional storage fee. For example, you might get the basic 250MB package for a $399 month-to-month price. If it happens that you need a 50MB additional pack, you will end up paying $143 more for it. It’s not easy to even access total data usage to see when you become subject to extra charges.
You may be impressed by the product’s security. Ansarada allows unlimited users for your data room. However, this virtual data room provider specifies you are in control. You can wipe downloaded documents from a user’s device remotely. It’s also possible to adjust different user options for saving, printing, and editing files.
This data room offers simple integration and synchronization with other platforms. That includes Dropbox, Google Drive, One Drive, etc. The service is easy to use overall. Ansarada designers made sure to include an attractive interface and simple navigation. Ansarada’s data room solutions are mobile-friendly, which means you can use them on the go.
AI reporting is another strong tool provided by Ansarada. You can check who altered a particular document or when someone downloaded and printed a file. The Bidder Engagement Score is trustworthy and promises 97% accuracy when predicting a particular investor engagement.
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What is Ansarada?
How much does Ansarada cost?
The cost of Ansarada data rooms depends on the data storage required for your transaction and its duration. For example, 250 MB with unlimited users for 1 month costs $399 per month, and 4 GB with unlimited users for 12 months costs $1,200 per month.
Is Ansarada trustworthy?
Ansarada is a reasonably trustworthy data room when judged by user feedback. The ratings the provider has on verified review sites are the following: G2 – 4.4 out of 5 (59 reviews), Capterra – 4.6 (57 reviews), and GetApp – 4.6 (53 reviews).
Who owns Ansarada?
Ansarada is owned by four founders — Andrew Slavin, Sam Riley, Rachel Riley, and Daphne Chang. They own 80% of the company, while a group of investment bankers and lawyers controls the remaining 20%.