Firmex

Firmex is a virtual data room for securely sharing confidential documents during M&A, due diligence, compliance, litigation, corporate transactions, financing, restructuring, fundraising, audits, procurement and bid management, and client extranet projects. Founded in Toronto, Canada in 2006, it addresses the need to control who can access documents, how they can use them, and for how long, across internal teams and external parties.

Features include customizable document permissions, digital rights management to disable save, print, copy and share actions, IP and device locking, remote access revocation, document expiry, and redaction of personally identifiable information. User controls cover granular permissions down to the folder and document level, IP restriction, advanced password control, multi-factor authentication, and single sign-on. The platform provides dashboard and reporting on user activity, automatic backups, annual third-party penetration testing, vulnerability scanning, TLS 1.3 encryption in transit, encryption at rest, and document retention policies. It holds SOC 2 Type 2 certification and GDPR compliance, with data storage options in the EU (Germany), Canada, and the U.S.

Firmex serves industries including investment banking, corporate, biotech and pharma, government and infrastructure, mining, renewable energy, legal, private equity, real estate, and oil and gas. Pricing is offered as subscription or single-project options, with document retention policies available to subscription clients.