Pageform vs Peony

Peony locks the files.
Pageform structures the story inside.

Peony is a secure document sharing data room platform built around access control, watermarking, and audit trails. Pageform is an AI-native data room that adds a narrative layer on top of document sharing: guided room structure, context around your materials, and section-level engagement insights.

Free plan available. No credit card required.

Comparison

What Sets Pageform Apart

Peony is a modern AI-native data room focused on secure file sharing, document intelligence, Q&A, watermarking, screenshot protection, and page-level analytics. Pageform is an AI-native, narrative-driven data room focused on structure, context, and deal-level engagement.

Feature

Logo

Peony

AI Generated Data Rooms

AI Generated Data Rooms

Guided deal flow

Guided deal flow

Narrative canvas builder

Narrative canvas builder

Rich content elements

Rich content elements

Section-level analytics

Section-level analytics

Document-level analytics

Document-level analytics

Built-in Q&A module

Built-in Q&A module

Limited

Limited

NDA gating

NDA gating

Email gating

Email gating

Download control

Download control

Link expiration

Link expiration

Granular file permissions

Granular file permissions

Audit trail

Audit trail

Why teams switch from Peony to Pageform

Peony gives teams a secure, AI-enabled data room with strong document controls. Pageform focuses on how the deal is presented and understood — with narrative sections, rich context, AI-assisted structure, and analytics that show how stakeholders move through the room as a story.

Choose Pageform when you need

  • A structured, narrative-driven deal room

  • Rich context around documents, links, images, and text

  • Section-level insights into how stakeholders understand the deal

  • A room designed around presentation, not only document control

Choose Peony when you need

  • A secure data room for sharing documents

  • Strong access controls, permissions, and security features

  • Document-level analytics and link tracking

V/S

What Pageform gives you that Peony does not

AI that structures your deal, not just your documents

AI that structures your deal, not just your documents

Peony can generate and organize a room from uploaded documents. Pageform goes further by turning those materials into a coherent narrative — arranging content into sections, adding context, and helping you present a complete deal, not just a generated file structure.

Peony can generate and organize a room from uploaded documents. Pageform goes further by turning those materials into a coherent narrative — arranging content into sections, adding context, and helping you present a complete deal, not just a generated file structure.

A narrative canvas that turns documents into a guided experience

A narrative canvas that turns documents into a guided experience

In Peony, stakeholders interact with documents, links, and data room controls. In Pageform, they move through a structured narrative where each section provides context, embeds supporting materials, and guides them from your thesis to your ask.

In Peony, stakeholders interact with documents, links, and data room controls. In Pageform, they move through a structured narrative where each section provides context, embeds supporting materials, and guides them from your thesis to your ask.

Deal-level understanding, not just document insights

Deal-level understanding, not just document insights

Peony focuses on document-level engagement. Pageform shows how stakeholders move through your entire deal — which sections they focus on, what they skip, and where they come back, so you can prioritize follow-ups based on real interest.

Peony focuses on document-level engagement. Pageform shows how stakeholders move through your entire deal — which sections they focus on, what they skip, and where they come back, so you can prioritize follow-ups based on real interest.

Pricing comparison

Peony’s pricing scales per user and focuses on document sharing and data rooms. Pageform includes AI-generated structure, narrative flow, and deal-level insights — starting with a free plan and simple pricing as you grow.

Pageform

Free

$0/mo

1 data room (no sharing), AI generation, limited document sharing, basic analytics

Docs

$25/mo

1 data room, AI room generation, unlimited document sharing, advanced permission controls, granular analytics

Core

$55/mo (20% off)

Up to 3 data rooms, AI room generation, AI room summary (memo + deal summary), Q&A module, NDA gating, up to 3 users

Pro

$110/mo (20% off)

Unlimited data rooms, AI room generation, AI chat with a data room, AI content gap insights, audit logs, advanced permissions, dynamic watermarking, live collaboration

Peony

Free

$0/mo

Up to 50 files, basic analytics, limited sharing

Pro

$20/admin/mo

Multi-file sharing, unlimited links, document analytics, e-signatures

Business

$50/admin/mo

Unlimited data rooms, NDA gating, security controls, AI assistant

V/S

Frequently asked questions

Peony has screenshot protection and watermarks — does Pageform have those?

Peony offers advanced DRM features like screenshot protection and dynamic watermarks. Pageform focuses on how the deal is structured and understood — with AI-generated rooms, narrative flow, and engagement insights. For most fundraising and M&A workflows, that has a bigger impact than strict DRM controls. If those controls are a hard requirement, Peony covers them today. We’re continuously expanding Pageform’s security layer based on how teams use the product.

We’re raising a Series A — what’s the real difference between Peony and Pageform?

Peony gives investors a secure place to access documents. Pageform turns those materials into a structured story. With Pageform, investors move through narrative sections instead of a file list, and you see how they engage across the entire deal — not just which files they opened. That makes follow-ups more targeted and conversations more productive.

Our fund shares LP updates — which platform works better?

Peony works well for sharing updates as documents. Pageform is better when updates need structure. Each section can cover performance, portfolio, and outlook in a guided flow, with visibility into what LPs actually read and engage with.

How does Pageform’s AI differ from Peony’s AI?

Peony’s AI focuses on document-level assistance — like chat and basic organization. Pageform’s AI focuses on structuring the deal itself. It organizes materials into sections, builds a narrative flow, and helps surface gaps before you share — so you go from a folder of documents to a complete, investor-ready room.

We’re running multiple deals at once — which platform scales better?

Peony scales well for managing documents and access across deals. Pageform is built for speed when preparing and presenting multiple deals. You can generate structured rooms quickly, reuse patterns, and see how each deal is being consumed — helping you prioritize where to focus.

Can Pageform handle the same security requirements as Peony for M&A diligence?

Pageform includes core data room controls — NDA gating, email verification, download control, link expiration, and granular permissions. All data is encrypted in transit and at rest. Peony offers additional DRM features like screenshot protection and dynamic watermarking. For most fundraising and boutique M&A workflows, Pageform covers the required security layer while focusing more on presentation and engagement.

Structure the story behind the deal.

Structure the story behind the deal.

Start free today. No credit card required. AI-generated room in minutes.