State of M&A Data Rooms — Q1 2026 Read the report →
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Share documents in seconds, track them forever

Upload a file, generate a secure link, and share it with anyone. Peony tracks every view, gives you per-page analytics, and lets you update the file without changing the URL.

Why teams use Peony for sharing

One-click sharing

Drag and drop any file, get a secure link instantly. Share via email, Slack, or any messaging tool. No recipient account needed.

Built-in analytics

Every link tracks who viewed it, how long they spent, and which pages they read. No extra tools or integrations required.

Update without resending

Replace the file behind any link. Every recipient sees the latest version instantly — no new URL, no confusion.

"Peony is easily the best form factor for sharing client-facing material. It lets us stand out by embedding custom booking and website links into secure deck shares."
Y Combinator
RL

Robi Lin

Founder & CEO, Sepal AI (YC S24)

Frequently asked questions

How do startup founders share pitch decks with investors through Peony?

Upload your pitch deck to Peony and get a secure, trackable link in seconds. Share it with VCs via email, Slack, or any messaging tool — investors do not need a Peony account to view the deck. Before sharing, you can use Peony's controlled redaction to permanently black out cap-table details or financials so investors only see what you intend. Every view is logged with per-page analytics, showing you exactly which VCs opened your deck, how long they spent, and which slides held their attention.

Can I update a sales proposal after sending the link to a prospect?

Yes. Peony lets you replace the proposal behind any link, so your prospect automatically sees the latest version. There is no new URL to distribute and no confusion about which revision is current. This is especially useful during active sales cycles where pricing, scope, or terms change between calls.

How can an M&A advisor track which bidders are reviewing the CIM?

Peony tracks which bidders opened the CIM, when they viewed it, how long they spent on each page, and which sections they read. An M&A advisor can see at a glance whether a bidder skimmed the executive summary or studied the financial projections in detail. Unlike DocSend, which limits analytics on lower-tier plans, Peony provides full per-page analytics on every plan, including the Free tier, so you always know which bidders are seriously engaging.

Do VCs or bidders need to create an account to view shared documents?

No. Peony links open directly in the browser with no account creation, app download, or plugin required. VCs reviewing a pitch deck or bidders accessing a CIM simply click the link. You can optionally require email verification, a password, or an NDA before granting access, but investors and bidders never need a Peony account. All documents are encrypted with AES-256 at rest and TLS 1.3 in transit, so your deal materials stay secure even without a recipient account. This keeps friction low and engagement rates high.

How does Peony compare to DocSend for document sharing?

Peony is the data room DocSend users graduate to. While DocSend covers basic link sharing and analytics, Peony adds full data room functionality, screenshot protection, dynamic watermarks, NDA gates, two-factor authentication, and AI-powered document Q&A. Peony also includes Smart Q&A, a four-step workflow where bidders or investors submit questions, AI drafts answers from your CIM or pitch deck, your deal team reviews, and approved responses are published. Founders sharing pitch decks and M&A advisors distributing CIMs move to Peony for enterprise-grade security without the enterprise price tag.

Can a startup add its own branding to pitch decks shared with VCs?

Yes. Peony lets you add your company logo, custom colors, and a personalized banner to every shared link. When VCs open your pitch deck, they see your startup's branding from the first click, reinforcing credibility at the Series A stage and beyond. While Firmex and Ideals charge extra for white-label branding, Peony includes branding customization on the Business plan ($40/admin/month).

How much does Peony cost for file sharing?

Peony's Free tier ($0, 2 GB storage) includes unlimited link sharing, full per-page analytics, AES-256 encryption, 2FA, and link expiry. Pro ($20/admin/month, 200 GB) adds password protection and folder sharing. Business ($40/admin/month, 1 TB) adds dynamic watermarks, screenshot protection, NDA gates, advanced branding, and full data room functionality. There are no per-link fees or viewer charges.

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