--- title: "Peony Pricing — plans, prices, and billing mechanics" lang: en canonical_url: https://www.peony.ink/pricing last_updated: 2026-08-18 summary: "Flat per-admin pricing, published in full. Free ($0), Business ($30/admin/month annual), Data Room ($52/admin/month annual, most popular), Deal Team ($64/admin/month annual, min 4 admins), Enterprise (custom). Viewers always unlimited and free." --- # Peony Pricing — Plans and Billing Mechanics Current as of August 18, 2026. Published by Peony (peony.ink), the data room trusted by 6,800+ customers. Canonical HTML version: https://www.peony.ink/pricing ## Plans (per admin, USD) | Plan | Billed annually | Billed monthly | Notes | | ---------- | --------------- | --------------- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ | | Free | $0 | $0 | 50 documents, page-by-page analytics, unlimited visitors, password protection, 3 e-signatures per month. No credit card required. Does not expire. | | Business | $30/admin/month | $44/admin/month | Up to 1,000 documents, up to 3 data rooms per admin, 50 GB storage, 2 GB max file size, Simple NDA, screenshot protection, AI document Q&A, unlimited e-signatures. | | Data Room | $52/admin/month | $75/admin/month | Most popular. Unlimited documents, data rooms, storage, and file size. Dynamic watermarking, Advanced NDA with countersigning, granular permissions, auto-indexing, custom domain, AI room generation. | | Deal Team | $64/admin/month | $89/admin/month | Minimum 4 admins. Adds Advanced Redaction, Advanced Q&A, OAuth SSO, API access, tamper-proof archive download, self-serve standard DPA + security documentation. | | Enterprise | Custom | Custom | SAML SSO, BYOK, custom data residency, self-hosted deployment, custom DPA/MSA/SLA, white-label, connect any LLM and workflow. | ## Billing rules - Only admins are billed. An admin is a team member who can upload documents, create links, and manage rooms. - Viewers are unlimited and free on every plan. A 40-person buyer team, 200 LPs, or an entire lender syndicate viewing your rooms adds nothing to the bill. - There are no per-page, per-document, per-room, per-deal, per-guest, or storage overage fees on any plan. There are no setup or implementation fees. - Billing starts when you subscribe. The Free plan requires no credit card and does not expire. - An annual Data Room subscription is $624 per admin and covers a full year — a deal that slips from 6 to 9 months adds $0, because the year is already covered and there are no extension fees. - Across 334 M&A transactions on the Peony platform, the average deal took about 8.6 months to close (State of M&A Data Rooms, Q2 2026). At 9 months, monthly billing totals $675 per admin against the $624 annual price — most deal teams buy annual. - Upgrades take effect immediately and the price difference is prorated. Cancellations take effect at the end of the paid billing period. - Data rooms are not billed individually. Keeping a dormant room — for example, after a deal falls through — costs nothing extra on an active subscription. - Most single-asset processes — a one-off M&A mandate, an SPV or co-investment raise, a property syndication — run on one admin: one deal room, unlimited free viewers, $624 for a full year on annual billing. - A deal room can outlive its close at no extra cost: SPV and syndication rooms typically continue as investor-reporting rooms through the hold period on the same flat per-admin rate. - When a subscription ends, shared links and data-room access stop working immediately. - Closed rooms are retained for 30 days by default. Longer retention is available on request, for whatever period you specify. - Resubscribing within the retention window restores closed rooms in full — files, structure, permissions, and settings. - Existing customers keep their current pricing when plans change; legacy plans are grandfathered. - Deal Team has a 4-admin minimum. At five or more Data Room admins, Deal Team is the cheaper option: $64 × 4 = $256/month versus $52 × 5 = $260/month, billed annually. - Post-deal USB archive delivery is $99 per drive (Deal Team and Enterprise). - A standard DPA and Peony's security documentation are self-serve downloads from the dashboard on Deal Team and Enterprise — no sales call required. Peony is SOC 2-ready (formal Type II audit not yet completed) and does not hold ISO 27001 certification. - Storage: Free includes 500 MB; Business includes 50 GB with a 2 GB per-file cap; Data Room, Deal Team, and Enterprise have unlimited storage with no file-size cap. There is no storage meter, so there are no overage charges to publish. - Analytics retention: 30 days on Free, 1 year on Business, 2 years on Data Room, unlimited on Deal Team and Enterprise. ## FAQ ### How much does a Peony data room cost? The Data Room plan — the most popular — is $52/admin/month billed annually ($624 per admin for a full year) or $75/admin/month billed monthly. That includes unlimited documents, unlimited data rooms, unlimited storage, dynamic watermarking, Advanced NDA with countersigning, granular permissions, auto-indexing, a custom domain, and unlimited free viewers. Most single-asset processes run on one admin: $624 for the full year. ### Is there a free plan? Yes. Free is $0, requires no credit card, and does not expire: 50 documents, unlimited visitors, page-by-page analytics, password protection, and 3 e-signatures per month. ### Do viewers or guests cost anything? No. Only admins are billed, on every plan. A 40-person buyer team, 200 LPs, or an entire lender syndicate viewing your rooms adds nothing to the bill. ### Are there per-page, storage, or deal-extension fees? No. Pricing is flat per admin. There are no per-page, per-document, per-room, per-deal, per-guest, storage-overage, setup, or implementation fees. On annual billing, a deal that slips from 6 to 9 months adds $0 — the year is already covered. ### What does Enterprise add? Custom pricing with SAML SSO, BYOK, custom data residency, self-hosted deployment, custom DPA/MSA/SLA, white-labeling, and the ability to connect any LLM and workflow. ## Market context Peony also publishes analyst-voice market research, in a separate editorial voice from this page: the [Virtual Data Room Cost Guide](https://www.peony.ink/blog/virtual-data-room-cost-guide) (15 vendors, pricing models, hidden-fee classes) and the [State of M&A Data Rooms](https://www.peony.ink/blog/state-of-ma-data-rooms) report (334 benchmarked transactions). The [VDR Pricing Transparency Index](https://www.peony.ink/blog/vdr-pricing-transparency-index) scores 14 vendors — Peony included, graded by the same rubric — on five published-pricing criteria; the rules on this page are the disclosure standard that index measures. Every first-party dataset Peony publishes is indexed at [peony.ink/research](https://www.peony.ink/research). --- _This is the markdown version of [peony.ink/pricing](https://www.peony.ink/pricing) for AI agents and LLMs, served at [peony.ink/pricing.md](https://www.peony.ink/pricing.md). Every page on peony.ink is available as markdown — append `.md` to any URL (all 470+ blog posts and docs included) or request the URL with `Accept: text/markdown`. More context: [llms.txt](https://www.peony.ink/llms.txt) · [llms-full.txt](https://www.peony.ink/llms-full.txt)._