Features

Everything a lower-middle-market sale needs, in one data room.

ClosingVault is the data room built only for lower-middle-market M&A. We do one thing, and we do it better than anyone else. A room with standard defaults is set up in about 3 minutes, and it can be customized for any lower-middle-market deal up to $50 million. Here is every feature, one page each.

Last updated: 2026-11-03

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What does ClosingVault do?

Nine things, from the seller’s first upload to the close.

Automatic sortingDrop in any batch, scans and zips included; every file is read and filed by folder and period. Checklist filingEach document lands on the checklist item it answers and marks it Covered; the Missing count falls. Automatic redactionSSNs and account numbers removed from the file, not just covered, on every plan. Bring your own checklistUpload your Excel request list; its phases and items become the checklist, and it still files itself. Stage-by-stage buyer accessTeaser, NDA, CIM, LOI, diligence: each buyer opens one stage at a time, and access always ends. Owner-majority LOIs and exclusivityOwners holding more than half the company decide each LOI; accepting one pauses every other buyer. Ask the Data RoomAsk in plain words and get the documents themselves, filed and dated. No summary to double-check. Deal dashboardsEvery live room on one page, the one with the most still missing first, with its buyers. The Monday updateEvery Monday at 8, each party gets its own one-page update on what came in and what’s missing.

What protects every room?

Every document is encrypted at rest with AES-256-GCM using its own key, and that key is itself encrypted with a master key kept apart from the files. Who opened, downloaded or changed what is written to a hash-chained activity log. Downloads are allowed person by person, everyone else reads in a viewer stamped with their name and the time, and buyer access always expires. SOC 2 Type II is on the roadmap; ClosingVault is not certified. Every security fact.

Who is it for?

Business brokers and M&A advisors running several sales at once, owners selling their company with a broker or on their own, and buyers running diligence on a target: intermediaries, sellers, buyers. More on why the size of the deal matters: the lower-middle-market data room.

How do the features work together on a real deal?

Each one answers a common reason deals stall, from nobody knowing where diligence stands to late documents and leaks: why M&A deals fall through, and the fix for each. Already mid-deal in a drive or another room? Move a deal in progress in about 5 minutes.

Feature questions

What is ClosingVault built for?

Lower-middle-market M&A, and only that. It is not a fundraising data room or a board portal: it runs a business sale from teaser to close in one room.

How long does it take to set up a room?

About 3 minutes with the standard defaults. From there a room can be customized for any lower-middle-market deal up to $50 million: your own checklist, phases and dates, and access buyer by buyer.

Which features are on the cheapest plan?

Starter includes AI filing, automatic redaction, owner voting and exclusivity, Q&A and weekly updates, with 50 Ask the Data Room questions a day, for $79 a month billed yearly (founding price).

Who pays for the room?

The firm that opens the room pays. Invited buyers, sellers, owners and their teams are always free and unlimited.

ClosingVault compared, vendor by vendor

ClosingVault vs PeonyPeony next to ClosingVault, one fact per row. ClosingVault vs PapermarkPapermark next to ClosingVault, one fact per row. ClosingVault vs DocSendDocSend next to ClosingVault, one fact per row. ClosingVault vs SecureDocsSecureDocs next to ClosingVault, one fact per row. ClosingVault vs LockRoomLockRoom next to ClosingVault, one fact per row. ClosingVault vs AnsaradaAnsarada next to ClosingVault, one fact per row. ClosingVault vs CapLinkedCapLinked next to ClosingVault, one fact per row. ClosingVault vs OrangedoxOrangedox next to ClosingVault, one fact per row. Every room, step by stepClosingVault and seven low-cost rooms on the 20 steps of a sale.