G2 Vendor Directory

Papermark Virtual Data Room vs. Peony

A side-by-side comparison based on G2 review data.

MetricPapermark Virtual Data Room

by Papermark

Peony

by Peony

Overall rating4.54.9
Review count18927
Ease of use9.49.7
Ease of setup9.79.7
Quality of support6.09.9
Meets requirements8.99.7
NPS80.95238196.296296
Small Business26.1%85.2%
Mid-Market73.4%7.4%
Enterprise0.5%7.4%
Total page views977317
Total LLM citations6,259483

Papermark Virtual Data Room

Papermark is a secure virtual data room for high stakes m&a transactions, fundraising and secure deal flow. The world’s most ambitious dealmakers, founders and finance teams trust Papermark to host their data rooms and share confidential documents. Papermark is an open-source solution serves as an alternative to traditional platforms like Docsend, offering users a fully free plan along with advanced features such as AI-powered data rooms and a modern user interface.

Pros

  • Ease of Use
  • Document Management
  • File Sharing
  • Secure Sharing
  • Tracking Activity
  • Security

Peony

Peony is a modern, AI-native data room built for fast, secure document sharing. It delivers dynamic watermarks, NDA-Gating for files, screenshot protection, detailed analytics, link embeds, and effortless e-signatures—all in a clean, beautifully designed interface. Ideal for fundraising, client work, and due diligence, Peony gives teams enterprise-grade security, powerful automation, and a polished experience at a startup-friendly price, built for boutique M&A advisors, PE and VC funds, commercial real estate teams and deals, and healthcare teams — from fundraising, M&A, high stake

Pros

  • Pricing
  • Customer Support
  • Functionality