ShareVault Alternative
Modern VDR Without the Modern Silo — Run It Inside Your Microsoft 365 Tenant
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ShareVault was built to be a friendlier, flatter-priced answer to legacy data rooms. It is. But it's still a separate cloud that holds your most sensitive documents, run by someone else, secured by their stack - not yours. Govern 365 delivers the same M&A, fundraising, and licensing outcomes natively inside your Microsoft 365 tenant. Same controls. Same audit rigor. Zero data exfiltration. One predictable flat fee.Trusted by deal teams & security officers | Audit-ready logs | Role-based access | Fast setup
The Problem Isn’t ShareVault’s Price. It’s the Architecture.
ShareVault has done the right thing on pricing – flat fees, unlimited users on most plans, no per-page nickel-and-diming. We respect that. But every ShareVault deal still requires the same uncomfortable trade-off: your most sensitive documents leave your environment, sit on Pandesa-operated infrastructure, get protected by a third-party’s encryption keys, and have to be accessed through a separate portal that your team, your bidders, your board, and your IT department all have to learn, log into, and manage.

Then the project ends. Storage is capped. You get a notification that you’re approaching your limit. You either pay more, archive, or move it back. Why? You already have unlimited governed storage in SharePoint Online. You’ve already paid Microsoft for Entra ID, Purview, Sensitivity Labels, eDiscovery, and DLP. You’re paying twice – once to Microsoft to govern your data, and once to ShareVault to take it somewhere else and govern a copy.
See how much you can reclaim by switching to a VDR that’s native to your Microsoft 365 environment.
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Legacy Provider
Provider
Govern 365
Microsoft Native VDR
Eliminate 3rd-party data hosting and reclaim your IT budget.
The Govern 365 Difference
Zero Exfiltration
Documents never leave your Microsoft 365 tenant. Not for the deal. Not after.
Zero Connector Friction
ShareVault syncs from SharePoint. Govern 365 is SharePoint — the room runs inside the system your deal team already uses.
Zero Storage Anxiety
No GB caps. No “you’re approaching your limit” emails. No forced archive after the deal closes. The room becomes a permanent, governed record in your tenant.

The Comparison Table
| Features | ||
|---|---|---|
| Data Location | Pandesa-operated cloud (third-party silo) | Your Microsoft 365 tenant (native) |
| Identity Provider | ShareVault accounts (or SSO bolt-on at higher tiers) | Native Entra ID + B2B guest access |
| Encryption Keys | Proprietary AES-256 (CMK/BYOK on Enterprise) | Microsoft-managed + your Purview keys (CMK/BYOK already deployed) |
| DRM After Download | ShareVault IRM / remote shred | Microsoft Purview Sensitivity Labels (enterprise-wide) |
| External User Experience | Separate ShareVault portal + login | Native Teams / SharePoint via Entra B2B |
| Storage Model | Plan-based GB allocation, overage discussions | Unlimited within your existing M365 capacity |
| Pricing Model | Flat fee, scoped to GB + project duration | Flat annual fee, $2.4K–$30K per room |
| Post-Deal Archive | Move data, extend storage, or pay to retain | $0 – auto-rolls into SharePoint with native records management |
| Compliance Footprint | ShareVault SOC 2 + product certifications | Inherits Microsoft 365’s full posture – ISO 27001/17/18/701, SOC 1/2/3, FedRAMP High, HIPAA, HITRUST, GDPR, PCI DSS |
| API Access | Limited (per public listings) | Full Microsoft Graph API |
| Setup Time | PM-assisted, hours to days | Self-service, under 90 minutes |
| Q&A Workflow | Yes | Yes |
| Dynamic Watermarking | Yes | Yes |
| Page-Level Analytics | Yes | Yes |
| Microsoft MISA Member | No | Yes |
Disclaimer: This information is summarized using publicly available information. It’s authenticity has not been verified independently
Bank-Grade Security. Built on the Stack You’ve Already Audited.
Your CISO has already vetted Microsoft. Your security team has already deployed Entra ID, configured Purview, published Sensitivity Labels, and tuned your DLP policies. ShareVault asks you to set all of that aside and trust their proprietary stack instead. Govern 365 doesn’t replace what you’ve built – it orchestrates it. Every file in a Govern 365 data room is governed by your labels, controlled by your identities, audited through your Microsoft 365 logs. The deal-grade controls (watermarking, view-only, bidder groups, deal-context audit, Q&A workflows, lifecycle automation) sit on top.

Frequently Asked Questions
ShareVault’s pricing is custom-quoted and based on storage volume (GB) and project duration, with three tiers (Express, Pro, Enterprise). Public reporting puts entry-level Express around $200 per month, with Pro and Enterprise quoted by deal scope. Govern 365 is a flat annual subscription priced per room ($2.4K–$30K), with unlimited users, unlimited storage within your existing Microsoft 365 capacity, and no archive fees after the deal closes. The savings widen the more deals you run and the longer documents need to be retained – because in Govern 365, retention is free and native.
That’s exactly the signal. ShareVault built a SharePoint connector because customers wanted their deal content in Microsoft 365. The connector copies content into ShareVault’s environment to run the deal, then you have to decide what to do with the copy when the deal ends. Govern 365 skips the round trip entirely – the deal room is a SharePoint site. No sync, no copy, no reconciliation, no second source of truth.
Because deal content stays in your Microsoft 365 tenant, the certifications that govern your data are Microsoft 365’s – including ISO 27001, ISO 27017, ISO 27018, ISO 27701, SOC 1/2/3, FedRAMP High, HIPAA, HITRUST, GDPR, PCI DSS, and a long list of financial-services and government frameworks. That footprint is broader than any standalone VDR’s by design. Govern 365 itself, as a zero-knowledge governance layer, has SOC 2 certification underway, slated for H1 2026. Govern 365 is also a member of the Microsoft Intelligent Security Association (MISA).
ShareVault’s white-glove model is genuinely good – 24/7 support, dedicated PM per project, and migration assistance. It’s also one reason the platform exists: standing up a separate environment is enough work that you need a guide. Govern 365’s deployment model is different: the data room provisions inside the SharePoint tenant your IT team already runs, in under 90 minutes, with no environment to migrate. We provide implementation support and a customer success contact for every account, but the day-to-day administration is something your IT and deal teams do natively, in tools they already know.
Yes – and that’s where the architecture argument is strongest. Life sciences, pharma, and regulated finance teams typically have the most scrutinized Microsoft 365 environments in their organizations: locked-down sensitivity labels, retention schedules tied to FDA / SEC / HIPAA requirements, eDiscovery hooks, and DLP policies their compliance teams have already validated. Moving sensitive trial, IP, or financial documents out of that environment to a third-party VDR introduces a parallel governance regime your compliance team has to re-validate. Govern 365 keeps the documents inside the regime you’ve already certified.
Microsoft Copilot is already approved to work over your SharePoint and OneDrive content, gated by your Sensitivity Labels and access controls. Because Govern 365 data rooms are SharePoint, your Copilot deployment can summarize, redact, and analyze deal documents using the AI policies and tenant boundary your security team has already approved – without piping documents to a third-party AI. Govern 365–specific AI capabilities are slated for release in May/June 2026.
Technically yes – ShareVault supports document, audit log, and Q&A export. In practice, mid-deal switches disrupt bidders and break audit continuity, so most teams don’t. The common path is to close the current deal in ShareVault and start the next one in Govern 365, where every subsequent transaction runs at no per-deal storage cost and lands in the same governed environment your operational documents already live in.












