--- 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 **5.0/5** by 23 users. Top-rated for **Likelihood to recommend**. ----- ## Quick Stats & Ratings | Metric | Rating | Detail | | **Overall** | **5.0/5** | 23 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 | 4.9/5 | Based on overall reviews | | Recommendation percentage | 90% | (9/10 Likelihood to recommend) | ## About the vendor - **Company**: Peony ## Commercial Context - **Starting Price**: USD 30.00 - **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 (28628 reviews) 2. [Firmex Virtual Data Room](https://www.softwareadvice.com.au/software/103637/firmex-virtual-data-rooms) — 4.8/5 (359 reviews) 3. [Datasite Diligence Virtual Data Room](https://www.softwareadvice.com.au/software/75150/datasiteone) — 4.7/5 (145 reviews) 4. [OneDrive](https://www.softwareadvice.com.au/software/23542/onedrive) — 4.5/5 (12885 reviews) 5. [Google Workspace](https://www.softwareadvice.com.au/software/344998/google-workspace) — 4.7/5 (17732 reviews) ## Reviews ### "Good customer support and very easy to start" — 5.0/5 > **Yong** | *14 September 2026* | Sporting Goods | Recommendation rating: 10.0/10 > > **Pros**: The customer support is very good. When I have some questions during using, they always reply very fast and explain things clearly. They help me solve my problem quickly. Also, the software is easy to use. The layout is clear and I can find the function I need without too much trouble. I am new to this kind of data room, but I don't need to spend much effort to onboard. Just follow the steps, upload the files, set the permission, then everything is ready to go. It make my daily work very convenient. > > **Cons**: Some of the function names are a bit strange for me. At the beginning, I need to click here and there to figure out what it mean. It take me a little time to get familiar. But after few days of using, it is not a problem anymore. > > Overall my experience is very positive. It is a solid tool for sharing files. I use it every day and it is stable. The best part is the onboarding is smooth, I don't need to read a long manual. The support team is also nice, they make me feel confident to use it. I don't have any big complain. I will keep using it. ----- ### "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. ----- ### "A data room that keeps file sharing easy and confidential" — 5.0/5 > **Stephanie** | *10 August 2026* | Biotechnology | Recommendation rating: 10.0/10 > > **Pros**: I did a major deep dive into all the data room platforms out there to support our first funding round. Most of them seemed overcomplicated, had very unfriendly user interfaces (especially for individual investors), or were lacking in the types of security elements I would have hoped to see in today's environment. Peony checked all the boxes while staying elegant, easeful, and streamlined for our team and for our investors. I personally love the interface. My favorite feature they offer is watermarking bolstered by other high-tech security features that ensure the confidentiality of our documentation. I believe these features will only become more important over time and were not available on other platforms. > > **Cons**: The only "con" I could spot was investor familiarity with other conventional platforms; however, I'd rather us be unique while supporting other startups. ----- ### "Excellent platform" — 5.0/5 > **Elcio** | *13 August 2026* | Information Technology & Services | Recommendation rating: 3.0/10 > > **Pros**: How easy it was to set up. Prompt support responses. Excellent Customer Service. Extensive functionality and features. > > **Cons**: I havent experienced anything negative about the platform yet. Still newly working with my prospects. > > Very Positive. Super easy to set up. I received prompt support responses. ----- ### "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. ----- 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