State of M&A Data Rooms — Q2 2026 Read the report →
Peony LogoPeony

Start, Extend, or Convert a Trial

Start a 3-day Data Room trial without a credit card. Convert any time from Settings → Billing.

Last updated June 7, 2026

Peony offers a 3-day Data Room trial with every feature unlocked. No credit card required. Everything you build during the trial — rooms, files, links, analytics, NDA settings — carries over when you convert to paid.

What's in the Trial

  • Full Data Room features: screenshot protection, Screenshield, NDA gates, AI document Q&A, custom domain, watermarks, page-level analytics, auto-indexing
  • No credit card to start
  • Does NOT auto-charge at the end — you must explicitly upgrade

Start a Trial

  1. Go to app.peony.ink and sign up with your work email.
  2. Enter the OTP Peony emails you.
  3. On the pricing screen, click Start Data Room Trial.

Some sign-ups require phone OTP.

If the OTP doesn't arrive within 60 seconds, check spam. Still nothing? See Can't Sign In: OTP Not Arriving or email sean@peony.ink.

Extend a Trial

We do not offer trial extensions by default. If you have a specific reason — for example, you're mid-deal or need more time to evaluate a particular feature — email sean@peony.ink or deqian@peony.ink and explain your case. Extensions are considered individually.

Convert to Paid

  1. Open Settings → Billing → Upgrade.
  2. Pick Business ($30/admin/mo), Data Room ($52/admin/mo), Deal Team ($64/admin/mo, min. 4 admins), or Enterprise (custom).
  3. Enter card and confirm.

Your workspace flips to paid immediately. Everything you built stays.

If Trial Expired Without Converting

Your workspace drops to Free. Nothing is deleted — rooms, files, and analytics history stay. Paid features are disabled until you upgrade: screenshot protection and dynamic watermarks require Business ($30/admin/mo); NDA gates, AI document Q&A, custom domain, advanced watermark options, and auto-indexing require Data Room ($52/admin/mo) or higher.

Upgrade any time from Settings → Billing → Upgrade.

Adding Teammates During the Trial

Trial admins are free. Once the trial converts, each admin becomes a billable admin.

Plan ahead: three admins on Data Room = $156/month after trial. See Add or Remove Admins.

Troubleshooting