--- description: Review of Peony Software: system overview, features, price and cost information. Get free demos and compare to similar programs. image: https://gdm-localsites-assets-gfprod.imgix.net/images/software_advice/og_logo-55146305bbe7b450bea05c18e9be9c9a.png title: Peony | Reviews, Pricing & Demos - SoftwareAdvice AU --- Breadcrumb: [Home](/) > [File Sharing Software](/directory/4535/file-sharing/software) > [Peony](/software/534350/Peony) # Peony Canonical: https://www.softwareadvice.com.au/software/534350/Peony Page: 1 / 2\ Next: [Next page](https://www.softwareadvice.com.au/software/534350/Peony?page=2) > Peony is an AI-based data room platform designed for secure document sharing with analytics and access controls. It is used by teams across various industries for tasks such as closing deals, raising capital, or collaborating on projects that require secure document management. The platform includes security features such as password protection, expiration dates, dynamic watermarks, two-factor authentication, and burn-after-reading functionality. It provides real-time tracking and analytics to monitor file activity, including details on file access, viewing duration, and page-level engagement. AI-powered document intelligence is integrated to automatically address recipient questions. The system supports compliant e-Signature functionality with audit trails and offers branded sharing pages for professional document presentation. Peony features a channel-based interface for organized document sharing and collaboration among team members. It delivers insights into recipient behavior and common questions, helping teams understand interactions with shared documents. The platform is designed to help document workflows, allowing teams to manage sensitive files while maintaining control. > > Verdict: Rated **4.9/5** by 13 users. Top-rated for **Likelihood to recommend**. ----- ## Quick Stats & Ratings | Metric | Rating | Detail | | **Overall** | **4.9/5** | 13 Reviews | | Ease of Use | 4.9/5 | Based on overall reviews | | Customer Support | 5.0/5 | Based on overall reviews | | Value for Money | 5.0/5 | Based on overall reviews | | Features | 5.0/5 | Based on overall reviews | | Recommendation percentage | 100% | (10/10 Likelihood to recommend) | ## About the vendor - **Company**: Peony ## Commercial Context - **Starting Price**: USD 20.00 - **Pricing model**: Flat Rate (Free version available) (Free Trial) - **Target Audience**: Self Employed, 2–10, 11–50, 51–200, 201–500, 501–1,000, 1,001–5,000, 5,001–10,000, 10,000+ - **Deployment & Platforms**: Cloud, SaaS, Web-based - **Supported Languages**: English - **Available Countries**: Afghanistan, Albania, Algeria, American Samoa, Andorra, Angola, Anguilla, Antigua and Barbuda, Argentina, Armenia, Aruba, Australia, Austria, Azerbaijan, Bahamas, Bahrain, Bangladesh, Barbados, Belarus, Belgium and 209 more ## Features - AI Copilot - API - Access Controls/Permissions - Activity Dashboard - Activity Tracking - Alerts/Notifications - Approval Process Control - Audit Trail - Authentication - Automatic Backup - Bulk Uploading - Collaboration Tools - Commenting/Notes - Compliance Management - Content Management - Customisable Branding - Customizable Templates - Data Import/Export - Data Security - Data Storage Management ## Support Options - Email/Help Desk - FAQs/Forum - Knowledge Base - Phone Support - 24/7 (Live rep) - Chat ## Category - [File Sharing Software](https://www.softwareadvice.com.au/directory/4535/file-sharing/software) ## Related Categories - [File Sharing Software](https://www.softwareadvice.com.au/directory/4535/file-sharing/software) - [Virtual Data Room Software](https://www.softwareadvice.com.au/directory/4521/virtual-data-room/software) ## Alternatives 1. [Google Drive](https://www.softwareadvice.com.au/software/105807/google-drive) — 4.8/5 (28494 reviews) 2. [Firmex Virtual Data Room](https://www.softwareadvice.com.au/software/103637/firmex-virtual-data-rooms) — 4.8/5 (356 reviews) 3. [Datasite Diligence Virtual Data Room](https://www.softwareadvice.com.au/software/75150/datasiteone) — 4.7/5 (143 reviews) 4. [Google Workspace](https://www.softwareadvice.com.au/software/344998/google-workspace) — 4.7/5 (17564 reviews) 5. [OneDrive](https://www.softwareadvice.com.au/software/23542/onedrive) — 4.5/5 (12705 reviews) ## Reviews ### "Best Data Room Value There Is" — 5.0/5 > **John** | *27 March 2026* | Investment Management | Recommendation rating: 10.0/10 > > **Pros**: I'm a big fan of what Deqian is building. It provides the features of a much more expensive data room system, and he seems to add new features weekly. The value is unmatched. > > **Cons**: Early versions required you to get comfortable with the setup. Today, it is intuitive and easy. When they added the signature feature, I was able to cancel another service. > > We've had a great experience. I highly recommend. Five stars. And it is refreshing to get to deal directly with the \[sensitive content hidden\] building the app. ----- ### "Good product and excellent customer service" — 5.0/5 > **Verified Reviewer** | *5 April 2026* | Biotechnology | Recommendation rating: 10.0/10 > > **Pros**: What I appreciate most about this product is the incredible value for money. You get premium features without the enterprise-level price tag. On top of that, the ease of use is a total win; the interface is so intuitive that our team was up and running in hours, not days. It’s rare to find a tool that is this powerful yet this accessible. > > **Cons**: While the product excels in value and simplicity, there is one area that could use a boost: the onboarding resources. Currently, the documentation is good, but it can feel a bit lost when you're trying to master a new workflow quickly. I’d love to see a few short, targeted tutorial videos integrated into the help center. > > While Peony itself is excellent, the support is the real standout. Every interaction I've had has been rapid, friendly, and super efficient. It’s rare to find a company that values the user’s time as much as they do. They don't just provide quick fixes; they provide real solutions with a human touch. ----- ### "A true challenger to the VDR incumbents" — 4.0/5 > **Verified Reviewer** | *13 May 2026* | Information Technology & Services | Recommendation rating: 9.0/10 > > **Pros**: Ease of use, ease of setting up, ease of creating different layers of authority for users, ease of assigning documents to distinct user groups (without having to create specific folders) The communication with the team, when needing any kind of assistance, is rapid and exact. Great team. Great product, and definitely worth a recommendation, especially at this price point....incredible. > > **Cons**: There are very few areas which cause issue so this is harder to nail down. Customisable links to send to visitors would be a strong start, as I would prefer to have our own logo and text preferences. It would also be helpful to have the ability to amend uploaded images to fit the banner, but that's not exactly a major issue > > For a company in early stages needing a robust and clearly capable VDR, that is supported with a responsive team and a great price, this is it. Onboarding for us was easy, as was communication and responses from the team. Great experience. ----- ### "Modern, polished, and easy to trust" — 5.0/5 > **Oliver** | *25 March 2026* | Computer Software | Recommendation rating: 10.0/10 > > **Pros**: Peony has been easy to implement and easy to use. The interface feels modern and intuitive, and it makes secure document sharing much more straightforward than older, more cumbersome tools. We’ve especially liked the combination of strong access controls, a polished sharing experience, and useful visibility into how recipients are engaging with documents. It solves an important business problem cleanly and professionally. > > **Cons**: There has not been much to dislike so far. As with any newer platform, there are always areas where additional customization or more advanced workflow options could be helpful over time, but our experience has been very positive overall and the core product has delivered well. > > Our overall experience with Peony has been very positive. The product does what it promises and makes secure document sharing feel much simpler and more modern than many legacy alternatives. It was easy to get up and running, the platform feels thoughtfully designed, and the overall experience has been smooth for our team. We’ve also found the visibility into document activity genuinely useful, since it adds context beyond basic file sharing. Overall, Peony feels like a well-built product that balances security, usability, and professionalism very well. ----- ### "Great polished, modern product. Would recommend trying\!" — 5.0/5 > **Verified Reviewer** | *7 April 2026* | Telecommunications | Recommendation rating: 9.0/10 > > **Pros**: - The user interface is modern and relatively easy to navigate/use. - The feature set is wide, covering what many other products in the same niche do for a more accessible and transparent price. - Responsive team who clearly care about what they're building. > > **Cons**: - It would be great if there was a single-use tier, i.e. for a single data room with a fixed amount of storage/files, but inclusive of all of the key features. If this is already a thing, it's not incredibly clear to me. > > Great overall customer care experience, with fast response times as well. The team seem to really care about helping out their customers. I've spent some time looking for a solution like Peony, but all the others were just too expensive for what they claim to offer. Trialling Peony, it appears to suit my needs thus far. ----- Page: 1 / 2\ Next: [Next page](https://www.softwareadvice.com.au/software/534350/Peony?page=2) ## Links - [View on SoftwareAdvice](https://www.softwareadvice.com.au/software/534350/Peony) ## This page is available in the following languages | Locale | URL | | en | | | en-AU | | | en-GB | | | en-IE | | | en-NZ | | ----- ## Structured Data