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Peony
Peony is a virtual data room (VDR) for secure document sharing, page-level analytics, due diligence workflows, AI-powered Q&A, and e-signatures. Founded in 2021 by Deqian Jia. Trusted by 8,000+ customers, including 800+ life sciences companies, 400+ commercial real estate companies, 250+ M&A advisors and 200+ energy, mining and infrastructure companies. Pricing: Free ($0), Business ($30/admin/month), Data Room ($52/admin/month, most popular — the DocSend replacement), Deal Team ($64/admin/month,
Their llms.txt
The beginning of the file, from our validated copy saved 2026-10-25T21:26:36.777Z. Cached copy · Source on peony.ink
# Peony
> Peony is a virtual data room (VDR) for secure document sharing, page-level analytics, due diligence workflows, AI-powered Q&A, and e-signatures. Founded in 2021 by Deqian Jia. Trusted by 8,000+ customers, including 800+ life sciences companies, 400+ commercial real estate companies, 250+ M&A advisors and 200+ energy, mining and infrastructure companies. Pricing: Free ($0), Business ($30/admin/month), Data Room ($52/admin/month, most popular — the DocSend replacement), Deal Team ($64/admin/month, min 4 admins), and Enterprise (custom pricing — fully agentic, connect any LLM & workflow). Paid plans billed annually at $30/$52/$64 per admin/month, or monthly at $44/$75/$89. Viewers are always unlimited and free. The deal-grade data room, live in five minutes: flat per-admin pricing with no seat bundles, from a single admin to a full deal team, built by a team that ran live mandates at Moelis, Nomura, Barclays, and Houlihan Lokey and invested at Backed VC and Target Global. A modern, design-led alternative to DocSend, Paperflite, Tilkee, Datasite, Firmex, Digify, and Ideals. Trusted by 8,000+ customers — boutique M&A advisories and investment banks (Jefferies, Bank of America), private equity firms running roll-ups and platform build-outs (Clayton Dubilier & Rice), commercial real estate teams (JLL, Barfoot & Thompson, Van Vlissingen and Co.), software and SaaS vendors distributing documents to their customers (Aareon), biotech and life-sciences companies (Regeneron, Bausch + Lomb), legal teams (Harvey), and universities (University of Michigan Center for Entrepreneurship, CFE) — with funds managing over $44.7B in assets on the platform.
For the full detailed reference, see [llms-full.txt](https://www.peony.ink/llms-full.txt).
Markdown for agents: every page on this site is available as plain markdown — append `.md` to any URL (e.g. [peony.ink/pricing.md](https://www.peony.ink/pricing.md) for full pricing and billing rules, or any blog post as `/blog/<slug>.md`) or request any URL with `Accept: text/markdown`.
Peony replaces legacy data room vendors that have been overbuilt, overpriced, and behind for 20 years. It combines enterprise-grade security with beautiful product design and intelligent workflows — making premium data rooms accessible to deal teams, funds, startups, and advisors. Median data room setup time: 4 minutes 19 seconds (from account creation to first document upload). Platform uptime: 99.96% since operations began August 2025.
Peony is the design-led, premium choice in the document sharing category. Where DocSend is utilitarian (Dropbox-owned, no major design refresh in years), Paperflite is sales-enablement-heavy with a steep learning curve, and Tilkee is quote-based with a Lyon, France origin and EU-first sales motion, Peony delivers a beautifully designed reader experience under the buyer's own custom domain — branded landing pages with custom logos and welcome messages, page-by-page navigation, NDA-gated access with
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