Free data room

The free data room built for modern deals.

Create a branded room, send one tracked link to every investor or buyer, and see exactly who opened what, page by page. No credit card, live in minutes.

Unlimited tracking links · No credit card · Live in minutes
Data Room · Room structureLive product
Room structureShare
DocumentStatus
01Series A deckReady
02Financial model v4Ready
03Cap table summaryMissing
04Metrics workspaceReady
Live room · access controlled
01

A tracked link for every recipient. No anonymous “someone opened it.”

02

Every page inside every document becomes a readable signal.

03

Replace a file and the link you already sent keeps working.

04

Your company stays in front. RoundOS stays behind it.

A room, not a folder

Every document stays distinct. The deal reads as one continuous room.

01 — The live room

Open the room the way your investor does.

Every RoundOS room looks and behaves like a real product, not a folder of attachments. Recipients see a clean, branded space they can navigate without a tutorial.

01Build

A room live before your coffee gets cold.

Bulk-upload up to 500 files, drop them into sections in the order you want people to read them, and start from a template built for fundraising or diligence.

02Share

A room that looks like your company.

No login wall, no app to install, no maze of folders. The room opens cleanly on a phone or laptop, in the sequence you chose.

03Read

An open rate tells you nothing. This does.

See which page held attention, what was skipped, and the exact moment a recipient returned for a second look.

Data Room · Private linksIdentity
Room links06 activeNew link
Recipient linkOpensStatus
Northline · Dana RuizEmail verified · NDA61Active
Seed lead · MarcusEmail verified9Active
Ferrous · PriyaEmail verified · NDA6Active
Access · Northline
Verification onNDA onDownload offWatermark name + time
Data Room · Page analyticsAttention
Document analytics · Series A deckDana Ruiz · Northline CapitalSession 02 / 03 · 8m 41s
P 010:22
P 020:51
P 030:04
P 044:07
P 051:48
P 06skipped
P 071:09
Page 04 is unit economics. She spent 4:07 there, then came back a second time.
02 — Version continuity

Organize once. Update without resending.

Build the room in sections and nested folders so recipients read documents in the order you intended. When a number changes, replace the file. Every link you already sent still opens the new version.

01

Same link

No “v3_final_updated” files circulating over email.

02

Current room

The old version disappears and every recipient returns to the live one.

03

Readable order

Sections and nested folders keep a large diligence room coherent.

03 — Control without friction

Serious controls with self-serve setup.

Use only the layer the deal needs: named access, groups, expiry, NDA, watermarking, download rules, or a clean audit trail.

One room. The right view for every person.
01

Every open has a name

One identity-verified link per recipient. Forwarded links still tell you who is really reading.

02

Access down to the file

Group recipients, set section-level rules, lock individual files, and revoke access the moment a deal changes.

03

NDA before the deck

Require a signature before the room opens, without sending the recipient into a separate e-signature flow.

04

A trace on every page

Dynamic watermarks carry the recipient’s name and the exact time they viewed it.

05

Your brand, not the tool’s

Custom domain, logo, and colors make the room an extension of your company.

06

Questions stay with the room

Built-in Q&A keeps deal questions attached to the documents instead of scattered across email.

04 — Use cases

Built for every deal that needs a room.

The same product stays clear across fundraising, diligence, reporting, sales, and confidential board work.

Startup fundraising

Track investor attention on your deck, data room, and model, one tracked link at a time.

Venture capital

Run LP updates and portfolio reporting in rooms your fund controls.

M&A & diligence

Stage buyer access, log requests, and keep versions straight across a long process.

Investor relations

Share board-ready materials on your terms, with a clean record of who has seen what.

High-stakes sales

See which stakeholder opened a proposal and follow up while the deal is still warm.

Board & confidential sharing

Distribute sensitive packs with access you can revoke the moment a director leaves.

Real estate

Share offering memoranda and diligence documents with buyers you can track by name.

05 — Why switch

Why pay for an older, slower data room?

A shared folder stops at send. An old-style VDR starts with a sales call. RoundOS starts with a live room.

01

Live in minutes

Create a branded room and send your first tracked link today, not after a demo and a contract.

02

Every link has a name

Stop guessing whether “someone” opened your deck, or which someone it was.

03

Free core product

Analytics, permissions, and branding come included from room one. Nothing is locked behind a quote.

04

Update without resending

Replace a file and every link stays live.

05

Analytics that lead somewhere

RoundOS turns a page view into a prepared next move.

06 — The Operator

RoundOS carries a Data Room signal directly into the next prepared move.

The room tells you an investor reopened your unit economics page three times this week. The Operator turns that into a drafted follow-up, ready to send, built from the round already happening inside RoundOS.

Operator · Ranked actionNative signal
RoundOS
Active round · Lead in diligence
Committed$4.2M
In conversation$6.8M
Moves today4
Drafts ready12
Thursday · June 18

Today

Ranked by impact
Your moves
01

Send references and retention curve to Dana

First Round is in diligence and asked for this proof packet.

Draft ready
02

Prepare Bessemer weekly active workspace view

Diligence is blocked on post-raise usage proof.

Important
03

Ask Leo to bump Unusual

Warm intro was sent four days ago without a reply.

Intro
Why now
Highest-leverage move

Send the proof packet First Round asked for.

The draft is ready. The room signal and last meeting are attached.

Source signals
Room · Unit economics reopenedToday
Email · Proof packet requested2d ago
Calendar · Partner meetingThu
07 — FAQ

Questions worth answering.

01Is the Data Room really free?

Yes. Room creation, branding, tracking links, page-level analytics, NDA signing, and access controls cost nothing for every deal you run. There is no credit card at signup and no trial clock. You only pay when you want the Operator to run the round for you.

02What exactly can I track?

Every link is tied to one recipient, so you see who opened the room, which pages held their attention, what they skipped, and whether they came back for a second look. RoundOS breaks activity down to individual pages inside a document.

03Can I use this outside fundraising?

Yes. Deal teams use RoundOS for M&A and diligence, VC funds use it for LP reporting, and companies use it for investor relations, high-stakes sales, board packs, and real estate documents.

04Do recipients need a RoundOS account?

No. A recipient clicks their tracked link, verifies their email if required, and the room opens. No account, no password to set, no app to install.

05What happens if I do not use the Operator?

Nothing changes about the room. Rooms, links, branding, and analytics stay free and active whether or not you ever start an Operator plan.

Start with the room

Open the room. Send one link.

Live in minutes, free for every deal you run.