Buyers guide · Updated June 8, 2026
Lightweight virtual data room for startups and small deals
Summary
Startups and small deal teams often do not need six-figure VDR contracts. Token is a lightweight virtual data room: create a room in minutes, encrypt in the browser, share one link, optional NDA and signing on Pro. Pricing is on the website (free, Personal, Pro). Open source under MIT.
Why teams pick a lightweight room
Seed rounds, vendor diligence, and single-asset sales need a clean outsider box — not a quarter-long VDR implementation. You want encryption, a trail, revoke, and maybe NDA — without per-seat sales theater.
Published pricing
Free tier: one room. Personal: more rooms and higher file limits. Pro: unlimited rooms, custom domains, signing envelopes. Numbers live on the pricing page; visitors to share links are not metered per viewer.
Open source
Token is MIT licensed on GitHub. You can inspect encryption code, fork, or self-host if your org requires it.
Try the features
Click a card to expand steps and jump into the product.
Frequently asked questions
- How many rooms can I run on free?
- One room on the free plan. Upgrade when you need parallel deals.
- Is Token only for startups?
- No — any team that wants a bounded outsider room without enterprise VDR overhead uses it. The product is intentionally small in scope.
- Where is Token hosted?
- Production runs on Railway. File storage uses S3-compatible buckets or optional Blob storage — see README for self-host options.