Why teams use Update Links
Instant file replacement
Upload a new version and it's live immediately. Every existing link now points to the updated document — no action needed from recipients.
Permanent URLs
Your links never change, even after dozens of updates. Bookmarks, emails, and CRM records all keep working indefinitely.
Version history
Pro and Business plans store previous versions so you can roll back if needed. See a full timeline of every update you've made.
"Peony is by far the simplest and most intuitive way to populate and share data rooms with investors and partners. All the key analytics and features integrated into a sleek interface!"
Mark Petrov
Head of Financials, Loop
Frequently asked questions
I sent a proposal to procurement but need to revise pricing — can I update it without sending a new link?
Yes. Peony lets you replace the file behind any shared link instantly. The URL stays the same, so every bookmark, email thread, and CRM record the procurement team has on file continues to work. When you need to revise pricing, update scope, or correct a deliverables schedule mid-negotiation, the buyer always sees the latest version without you needing to resend anything or risk them reviewing an outdated proposal.
If I update my pitch deck mid-fundraise, will investors know the file changed?
By default, Peony does not notify investors when you swap a file, so the update is seamless. If you want investors to know, you can re-share the same link with an optional message. This is especially useful mid-fundraise when founders need to quietly update traction metrics, financial projections, or team slides between investor meetings — investors always open the latest version without realizing a swap happened. Peony data rooms are built for this kind of iterative fundraising workflow.
Our M&A team updates the CIM multiple times during a process — does Peony keep previous versions?
Yes. Peony Pro and Business plans store a full version history so you can view or roll back to any previous upload. This gives your M&A team a complete audit trail of every CIM revision, which is critical during due diligence where buyers, their counsel, and financial advisors may need to reference earlier versions to track what changed between rounds. Peony's Smart Q&A also lets counterparties submit questions about any document version, with AI drafting answers for your deal team to review before publishing — keeping the Q&A process organized even as the underlying materials evolve.
How is this different from Google Drive or Dropbox file replacement?
Google Drive and Dropbox let you replace files, but they lack per-viewer analytics, watermarking, and granular access controls — all of which are non-negotiable when sharing sensitive deal materials with buyers, investors, or procurement teams. Peony combines file replacement with page-level tracking, password protection, NDA gates, and screenshot protection. You can also use Peony's controlled redaction to permanently black out sensitive information before sharing updated documents with counterparties. This gives deal teams, sales orgs, and fundraising founders full security and engagement data that consumer cloud storage cannot match.
Can an investment bank update CIM exhibits inside a data room without breaking buyer access?
Yes. Peony data rooms support in-place file updates, so an investment bank can swap CIM exhibits, financial models, or legal opinions within a data room without breaking the room structure or disrupting buyer access. Peony's auto-indexing automatically re-classifies and re-indexes each updated file, keeping OCR results and full-text search current without manual effort. This is especially valuable during live M&A processes where deal teams regularly update materials between management presentations and buyer diligence sessions — every buyer always sees the current version without needing a new link or a re-invitation to the room.
After updating a pitch deck, can I still see which slides investors viewed in the original version?
Yes — Peony preserves all historical analytics when you replace a file. You retain the full engagement timeline, including which investors viewed the original deck, how long they spent on each slide, and where they dropped off. New analytics from the updated version are appended, so founders can compare engagement before and after a revision. This is valuable during fundraising: if you strengthen your traction slide and investor time-on-page increases, you have direct evidence that the update worked.
We revise our sales proposals frequently — is there a limit to how many times I can update a link?
No. Peony lets you update the file behind any link as many times as you need, on every plan including the free tier. There are no per-update fees or version caps. Sales teams that revise proposals frequently — adjusting pricing, scope, or case studies per deal — can swap files on every active link without worrying about usage limits. Plans start at Free ($0, 2 GB), Pro ($20/admin/month, 200 GB), and Business ($40/admin/month, 1 TB).