What is Peony?
Peony Data Room offers a virtual data room with AI Q&A, auto-indexing, smart search, and a customizable AI knowledge base to surface answers from uploaded documents.It provides page-level analytics, visitor activity and engagement tracking to monitor diligence progress across bidders, LPs, investors, and advisors.
Built-in e-signatures, auto-detected signature fields, and attorney-vetted templates support NDAs, LOIs and closing workflows.Enterprise security features include AES-256 encryption, two-factor authentication, NDA-gated access, granular permissions, dynamic watermarks, screenshot protection, document redaction and detailed audit logs for compliance.
Automated room organization, document classification and permission suggestions reduce manual setup and scale for private equity, VC funds, real estate teams, startups and advisor workflows.AI document chat, action-level analytics and centralized deal workflow intelligence support more efficient due diligence, fundraising and M&A collaboration.
Peony details
- Company
- Peony (US) Inc.
- Jurisdiction
- United States
- Built for
- Businesses and teams
- Data residency
- United States (AWS us-east-1 region)
- Stated compliance
- SOC 2, GDPR, HIPAA, CCPA
Compliance as stated in Peony's own published documentation.
Peony tech specs
- Works with
- Anthropic / Claude
- Integrations
- Google Workspace
Peony pricing
Free trialPeony offers a free trial before requiring payment.
Verify on the official pricing page.
Start free trialPeony's key features
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AI Q&A/document chat with a customizable AI knowledge base to surface answers from uploaded documents
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Automated room and document organization with auto-indexing, document classification and permission suggestions
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Page-level and action-level analytics with visitor activity and engagement tracking and detailed audit logs
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Built-in e-signatures with auto-detected signature fields and attorney-vetted NDA, LOI and closing templates
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Enterprise security features including AES-256 encryption, two-factor authentication, NDA-gated access, granular permissions, dynamic watermarks, screenshot protection and document redaction
Peony use cases
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Conduct faster M&A due diligence with Peony Data Room's AI Q&A, automated document indexing and smart search to surface deal answers at the page level, enforce NDA-gated access and granular security, and use activity analytics for audit-ready tracking
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Prepare investor fundraising or IPO data rooms using Peony Data Room's customizable AI knowledge base and automated organization so investors can query materials via AI Q&A, sign term sheets with secure e-signatures and you can monitor engagement with page-level analytics
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Manage legal and compliance reviews by centralizing contracts and policies in Peony Data Room, leveraging auto-indexing and smart search to answer regulatory questions, applying granular permissions and NDA gates, and capturing activity analytics for audit trails and secure closings with e-signatures
Peony user reviews
Based on 2 reviews, 100% of users recommend Peony, rated highly for quality results.
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Peony playbooks
1Step-by-step guides to get the most out of Peony
Who is Peony for?
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Private equity investors
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Venture capitalists
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Startup founders
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M&a advisors
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Legal teams
Peony FAQ
Is Peony free?
Not permanently. Peony gives you a free trial, after which a paid plan is required.
Is Peony safe to use?
Peony states SOC 2, GDPR, HIPAA and CCPA compliance in its own published documentation. Peony is operated by Peony (US) Inc., registered in United States. Peony carries the TopAI.tools verified mark, which we award after a manual review of pricing transparency, published terms, public following and working functionality.
What are the best alternatives to Peony?
The closest alternatives to Peony are Papermark, AI Drive, Inkwise AI, Tinq.ai - NLP API and My Own Document Vault. You can compare them side by side in the alternatives section further down this page.
What does Peony do with my data?
Peony states that customer content is not used to train its models. Its privacy policy states that personal data is not sold or shared for marketing purposes. Data may be shared with third-party service providers that help run the product. Customer data is held in United States (AWS us-east-1 region).
Who made Peony?
Peony is built and operated by Peony (US) Inc., a company registered in United States.
Which AI models does Peony use?
Peony is built on Anthropic / Claude. Which models you can reach may depend on your plan.
What does Peony integrate with?
Peony connects with Google Workspace.
Compliance, privacy and billing terms are as stated in each product's own published documentation and have not been independently verified by TopAI.tools.
Peony is the best data room I've used and I'm also surprised to find that, thanks to its easy to go pricing, we could utilize it beyond just fundraising, but also for recruiting sales.