At a glance
SecureDocs, founded in the United States in 2012, keeps things simple: a cloud data room with published pricing, built-in e-signature, watermarking, document rights control, an API and a full audit trail. It scores 7.8 overall in our table, with a good ease of use score but lower marks for deal tools.
| SecureDocs | |
|---|---|
| Entry price | $250/mo (approx. £193), indicative |
| Free trial | Yes |
| Structured Q&A | No |
| E-signature | Yes |
| API | Yes |
| Certifications | SOC 2 |
Fundraising with SEIS or EIS
For a UK company raising a seed round under SEIS or EIS, the data room is often small: articles, shareholders’ agreement, cap table, financial model, advance assurance correspondence from HMRC and key contracts. A handful of investors and their solicitors look at it, and questions tend to come by email or on calls. In that setting, SecureDocs’ lack of a Q&A module matters less, and built-in e-signature is handy for subscription letters and side letters.
The HMRC guidance on SEIS explains what the scheme requires of the company, which is a useful checklist for what belongs in the room.
A typical seed room might hold fewer than a hundred documents, and the main job is making sure each investor sees the same, current version of the deck and model. Watermarking discourages forwarding to people outside the round, and document rights control lets you withdraw access from an investor who decides not to proceed. Those two controls cover most of what a founder actually worries about at seed stage. The audit trail then shows which investors opened the financial model, which is useful when deciding whom to chase.
Where the gaps show
A competitive sale is a different story. Without structured Q&A, the seller’s adviser loses the single, auditable record of questions and answers that often feeds into the disclosure process. On a selling a business process with more than one bidder, that is a real drawback. There is also no redaction, SSO, AI tools or mobile app in our data.
Later-stage rounds sit in between. A Series A with a lead investor running formal legal and financial diligence generates a request list much like a small acquisition, and a Q&A module starts to earn its place. If your raise is likely to grow into that, choose the room for the round you expect, not the one you have today.
Pricing in sterling
The published entry price of $250/mo works out at approx. £193 at the rate we use. Treat it as indicative, confirm it with SecureDocs and check whether VAT is added. A predictable monthly bill is helpful for a small company budgeting a raise, and a free trial lets you set the room up first.
Data protection
SecureDocs holds SOC 2 but not ISO 27001, and supports two-factor login. As controller under UK GDPR, you need a processing agreement and a clear answer on where files are stored. We have not confirmed SecureDocs’ hosting regions. For a seed round, the personal data in the room is often limited to founders and staff, but an employee share scheme or customer list can widen it.
Alternatives
Ellty also publishes pricing, from $149/mo (approx. £115), and adds structured Q&A, AI tools and granular permissions alongside e-signature. CapLinked has Q&A and an API at a higher published entry price.
| SecureDocs | Ellty | CapLinked | |
|---|---|---|---|
| Entry price | approx. £193/mo | approx. £115/mo | approx. £230/mo |
| Q&A | No | Yes | Yes |
| E-signature | Yes | Yes | No |
| AI tools | No | Yes | No |
Questions people ask
Is SecureDocs good for an SEIS round?
It can be, for a small round with a few investors. E-signature helps with subscription documents, but there is no structured Q&A module.
How much does SecureDocs cost in pounds?
The published entry price is $250/mo, approx. £193 at our rate. Confirm with SecureDocs and check VAT.
Does SecureDocs have a Q&A feature?
Not according to our data. Questions would need handling by email or another tool.
Is SecureDocs ISO 27001 certified?
Not according to our data. It holds SOC 2.
