Ellty

Overview

Ellty is a modern virtual data room built for teams that want a secure room open in minutes, not days. It suits New Zealand startups running a seed or Series A raise, advisers managing due diligence, and property syndicators sharing offer documents with prospective investors.

A disclosure up front, because it matters: Ellty is our own product, so treat this review as informed but interested. We have tried to keep it honest, real strengths and real limitations. We set up a live room in June 2026, loaded a representative diligence file set, configured permission groups and tested the audit trail the way a real sell-side process would.

Features

The core of Ellty is a clean, fast document workspace. Permissions are granular, you can control view, print and download at the folder and file level, apply dynamic watermarking, and revoke access instantly if a party drops out of a process. Every action is captured in a full activity audit trail, so you can see exactly who opened what and when, the kind of record your counsel will want on file.

Setup is a real strength. External parties need no training to log in and read documents, which removes a common source of friction when you invite investors or acquirers who are not technical. AI-assisted features for organising and tagging documents are expanding, and they already cut manual admin on larger rooms.

Benefits

For a live New Zealand process, the practical wins are speed and low cost of entry. The 14-day free trial lets a founder open a secure room and start sharing before committing budget, useful when a raise is still taking shape and you do not yet know how many investors will engage. Paid deal rooms then scale with users and storage, so you only pay more as the process grows.

Because the interface is simple, first-time admins are productive on day one, and engagement analytics show which investors are actually reading the material, helpful signal during a competitive round.

The New Zealand angle

Ellty offers responsive support in New Zealand-friendly hours, so an issue at 4pm in Auckland does not wait for a US morning. The security posture, encryption in transit and at rest, access logging and permissioned exports, lines up with what NZ legal advisers ask about under the Privacy Act 2020. For early-stage fundraising and property syndication, where the audience is often local and time-sensitive, that responsiveness and clarity count.

Pricing

Ellty’s pricing is transparent. A 14-day free trial lets you try a full secure room, and paid deal rooms scale with users and storage from an indicative entry point in the low hundreds of NZD per month. That structure rewards founders and smaller advisers who want to start lean and grow. Pricing is indicative only, confirm current plans directly with Ellty, as tiers change.

Honest limitations

Ellty is newer to the M&A category than the legacy enterprise incumbents, so if you are running a very large, multi-thousand-bidder auction with complex Q&A workflows, a deal-native veteran may still edge it on the deepest features. Some enterprise-only capabilities are still expanding. For most New Zealand raises, diligence exercises and syndications, none of that is a blocker, but it is fair to name it.

Verdict

Ellty is, as our own product, one we back on the fundamentals: a free trial to start, fast setup, a defensible audit trail and local-hours support. Its main trade-off is category maturity against the oldest incumbents. If you want a modern room you can open today without a sales call, start with Ellty. Compare it against the field on our reviews and home pages.

FAQ

Is Ellty really free?

Yes, Ellty offers a 14-day free trial, so you can open a room and share documents before committing budget. Paid deal rooms add capacity and scale with users and storage.

Is Ellty secure enough for due diligence?

For most New Zealand diligence and fundraising, yes. Ellty provides encryption in transit and at rest, granular permissions, watermarking and a full audit trail. As with any provider, confirm the current security documentation for your specific requirements.

Who is Ellty best for?

New Zealand startups raising capital, advisers running mid-market due diligence, and property syndicators sharing offer documents with investors. It suits teams that value speed, simplicity and a low cost of entry.

How does Ellty compare to Ansarada?

Ansarada is a deal-native veteran with deep M&A workflow tooling; Ellty is faster to start with and more generous on entry pricing. See our Ansarada review for the detailed comparison. Ellty is our own product, so we disclose that interest openly. We have aimed to be balanced, noting real limitations alongside strengths, and our competitor reviews are written to the same standard.