iDeals for Singapore buyers
iDeals quotes per project, so ask for a figure in Singapore dollars and confirm whether GST will be charged or handled under reverse charge. Its certifications answer most questions in a Singapore bank or fund manager security review. Ask where your room would be hosted and which support hours cover Singapore.
| Item | iDeals | What to check |
|---|---|---|
| Price | Quoted per project | Ask for an SGD quote over the full deal length |
| GST | 9% on the quote unless recoverable | Give your GST number if registered |
| Hosting | Ask the vendor | Required by some banks and government-linked buyers |
| PDPA | Processor terms on request | NDA terms for the business asset transaction exception |
Pros and gaps
What stands out
- ISO 27001 and SOC 2
- Single sign-on, redaction and API
- Full Q&A and permission tools
- Free trial offered
- Support is a long-standing strength
Gaps to weigh, per vendor documentation
- Price only on quote
- No e-signature
- No native mobile app
- No AI features
Scores on our five measures
Overall: 8.6/10. Measures where iDeals matches or beats the 18-room average: security and pdpa readiness, deal tools, permissions and audit trail, ease of use and support.
What iDeals costs in Singapore dollars
iDeals is highlighted below against the rest of the field for one project. iDeals quotes privately, so its line shows our range for the project type.
iDeals cost estimate
Set the type of project, your own head count in the room, the number of months it stays live and the GST setting. Rows follow our ranking.
| Data room | Pricing | Project total |
|---|---|---|
 Ellty | Monthly | S$833 |
 iDeals | Range | ~S$10,028 to S$29,648 |
 Datasite | Range | ~S$10,028 to S$29,648 |
 Ansarada | Range | ~S$10,028 to S$29,648 |
 Firmex | Range | ~S$10,028 to S$29,648 |
 Drooms | Range | ~S$10,028 to S$29,648 |
 Intralinks | Range | ~S$10,028 to S$29,648 |
 Box | Per seat | S$663 |
 Citrix ShareFile | Monthly | S$305 |
 DealRoom | Range | ~S$10,028 to S$29,648 |
 SmartRoom | Range | ~S$10,028 to S$29,648 |
 CapLinked | Monthly | S$1,666 |
 SecureDocs | Monthly | S$1,395 |
 ShareVault | Range | ~S$10,028 to S$29,648 |
 Onehub | Monthly | S$83 |
 Venue by DFIN | Range | ~S$10,028 to S$29,648 |
 Digify | Monthly | S$671 |
 DocSend | Per seat | S$2,023 |
Where a vendor lists a price, the total uses it, turned into Singapore dollars at S$1.2792 per US dollar (16 October 2026). Vendors that only quote get a band: our observed range for this kind of Singapore project, which is not a figure from the vendor. Treat all totals as planning numbers.
iDeals in brief
iDeals was founded in 2008 and is headquartered in the United Kingdom. It is a common choice on bank-led sell-side processes and for corporate development teams that want strong certifications and responsive support. The core deal tools are all there: Q&A, dynamic watermarks, per-document per-file view limits, an audit trail and two-step login.
Enterprise features set it apart from smaller rooms. Single sign-on lets bank and corporate staff log in through their own directory, in-room redaction removes sensitive details without keeping two versions of a file, and the API lets IT teams connect the room to other systems. It holds both ISO 27001 and SOC 2.
Pricing is by quote, usually based on the size of the project, the number of users and the length of the deal. A free trial is available, which is less common among the quote-based vendors.
Feature check
| Feature | iDeals | What it does |
|---|---|---|
| Q&A workflow | Listed | Bidders post a question against a file; your team drafts, approves and publishes the reply, and the whole thread is kept. |
| Audit trail | Listed | Time-stamped history of who opened, printed or downloaded each document, exportable for a dispute, insurer or regulator. |
| Dynamic watermarks | Listed | The reader's name, email and time are stamped across each page as it opens, so a photographed page can be traced. |
| Redaction | Listed | NRIC numbers, salaries or client names are blacked out on the platform, with no second copy of the file to manage. |
| E-signature | Not listed | NDAs and closing papers are signed without leaving the platform. |
| Mobile app | Not listed | An installable app for phones and tablets, on top of the mobile website. |
| API | Listed | Developers can create rooms, add users or pull activity into in-house systems. |
| SSO | Listed | Staff sign in with the company directory, for example Microsoft Entra ID or Okta, rather than another password. |
| Two-factor login | Listed | Every login needs a one-time code, app approval or security key as well as the password. |
| Folder upload | Listed | A whole folder tree goes up in one drag, keeping its numbering. |
| View and download control | Listed | Each file can be set to view-only, print or download, and the setting can be changed later. |
| AI features | Not listed | Vendor-listed help such as auto-filing uploads, summarising agreements, searching across files or drafting answers. |
iDeals lists 9 of the 12 features we track; the ones not listed are e-signature, mobile app, ai features.
Deals iDeals suits
M&A
Certifications, SSO and redaction suit bank-run auctions with many bidders.
#2 for this use caseBanks
Security documentation and SSO help it through a MAS-style vendor review.
#2 for this use casePrivate equity
Fund teams running several exits can standardise on one enterprise room.
Security and compliance
iDeals lists SOC 2 and ISO 27001 and GDPR, two-factor login, single sign-on and an audit trail. For a Singapore bank, insurer or fund manager, expect its IT risk team to ask for the certification reports, encryption details, hosting location and incident terms under MAS technology risk expectations. For personal data, the PDPA protection and transfer limitation obligations apply to whatever you upload.
Getting started
Request a trial or quote through the website. A project manager usually helps set up larger rooms; smaller teams can configure folders and permissions themselves.
Alternatives to iDeals
Datasite
8.5/10 · Quoted per project
Intralinks
8.1/10 · Quoted per project
Ellty
9.2/10 · about S$191 a month
Head-to-head: Ellty vs iDeals, iDeals vs Datasite, iDeals vs Ansarada.
iDeals: common questions
How much does iDeals cost in Singapore?
iDeals does not publish a price; it quotes per project based on users, data and deal length. Ask for an SGD quote and compare totals over your expected timeline. Budget 9% GST on top unless your company can recover it.
Does iDeals offer a free trial?
Yes, iDeals offers a free trial. Check its length and limits with the vendor.
Is iDeals hosted in Singapore?
iDeals does not list a Singapore region in our data. Ask where your room would be hosted; the PDPA allows overseas hosting with comparable protection.
Does iDeals have a Q&A workflow?
Yes, iDeals lists a Q&A workflow for buyer and investor questions.