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Due Diligence

SecureDocs (Onit)

Onit (SecureDocs)

A simple, affordable VDR with flat-rate pricing, unlimited users and EU data residency, built for straightforward transactions.

Description

The right choice for a searcher who needs a secure, functional data room quickly and at the lowest possible cost, with EU data residency available and no hidden fees.

SecureDocs is a virtual data room platform now part of Onit, a US-based legal technology company. It is specifically designed for simplicity and affordability, with a single flat-rate pricing model that includes unlimited users, unlimited documents and 24/7 support. SOC 2 Type 2 audited and GDPR compliant. Data can be hosted on AWS data centers in Ireland or Germany, providing EU data residency for European transactions. Setup takes under 10 minutes with no training required. For a first-time searcher managing a straightforward acquisition with a small and familiar deal team, SecureDocs provides everything essential: secure document storage, granular permissions, dynamic watermarking, NDA gates, audit trails and email notifications. A 14-day free trial is available with no credit card required.

Why searchers use it

SecureDocs removes every complexity that makes other VDRs difficult for first-time users. There are no per-user fees, no storage overages, no per-page charges and no hidden costs. The flat rate means a searcher knows exactly what they will pay for the duration of the exclusivity period regardless of how many documents are uploaded or how many parties access the room. The unlimited users model means inviting additional advisors, investors or lenders during the DD process does not add cost. EU data residency in Ireland and Germany makes it a credible option for European transactions where data residency matters.

Core capabilities relevant to search funds

  • Flat-rate pricing with unlimited users, unlimited documents and unlimited storage
  • SOC 2 Type 2 audited and GDPR compliant, 256-bit encryption
  • EU data residency available on AWS data centers in Ireland and Germany
  • Setup in under 10 minutes with no training required
  • Granular user permissions at folder and subfolder level with view-only and full access options
  • Dynamic watermarking on all viewed documents
  • Customisable NDA gates before document access
  • Full audit trails with activity logs showing who accessed which documents and when
  • Email notifications for document access and daily activity summaries
  • Built-in e-signature functionality for NDAs and basic transaction documents
  • 24/7 support

Honest limitations

SecureDocs does not hold ISO 27001 certification, only SOC 2 Type 2, which may raise questions from European institutional investors or lenders with strict security certification requirements. Analytics are basic with no page-level engagement tracking, only document-level views and downloads. There are no AI features. The platform will not be recognised by experienced M&A advisors or institutional investors. Some users report that accessing the platform requires unblocking the SecureDocs website in corporate environments, which can create friction for external parties. For complex transactions with multiple advisor groups and high document volumes, SecureDocs will outgrow quickly.

Getting started

A 14-day free trial is available with no credit card required.

Pricing

  • $250/month on annual billing
  • $400/month on a 3-month plan
  • Includes unlimited users, unlimited documents and unlimited storage
  • No per-user or per-page fees

Features

Advanced Reporting Due diligence Integrated E-signature NDA Tools Virtual Data Room