About Docufree
Docufree is a company based in Pineville (United States) founded in 1998 was acquired by Docufree in September 2023. It operates as a Managed Services, and SaaS (Software-as-a-Service). The company has 82 employees as of December 31, 2022. Docufree offers products and services including Document Scanning & Imaging, Enterprise Digital Mailroom, Business Process Automation, Cloud Document Management, and Electronic Signature Services. Docufree operates in a competitive market with competitors including Flexera, Lontra, NuAxis, INRY and Allbridge, among others.
- Headquarter Pineville, United States
- Employees 82 as on 31 Dec, 2022
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Docufree Corporation
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Products & Services of Docufree
Docufree offers a comprehensive portfolio of products and services, including Document Scanning & Imaging, Enterprise Digital Mailroom, Business Process Automation, Cloud Document Management, and Electronic Signature Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Paper records are scanned into secure digital files.
Inbound mail is automated for faster remote access.
Manual tasks are automated to reduce operational errors.
Documents are managed and shared across the enterprise.
Documents are transformed into forms for quick signing.
Funding Insights of Docufree
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Docufree
Docufree has secured backing from 1 investor. Prominent investors backing the company include Docufree. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Provider of document scanning, digital mailroom, and business process automation services
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Docufree
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Docufree
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Docufree Comparisons
Competitors of Docufree
Docufree operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Flexera, Lontra, NuAxis, INRY and Allbridge, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud management solutions are delivered via an online IT platform.
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| domain | founded_year | HQ Location |
Consulting and training for IT service portfolio management are delivered.
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| domain | founded_year | HQ Location |
IT infrastructure support services are provided to the federal government.
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| domain | founded_year | HQ Location |
ServiceNow consulting and implementation services are provided by INRY.
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| domain | founded_year | HQ Location |
IT hardware and software services are provided by Allbridge.
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| domain | founded_year | HQ Location |
Specializes in IT asset disposal services for efficient and secure management.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Docufree
When was Docufree founded?
Docufree was founded in 1998.
Where is Docufree located?
Docufree is headquartered in Pineville, United States.
Who is the current CEO of Docufree?
Matt Solomon is the current CEO of Docufree.
How many employees does Docufree have?
As of Dec 31, 2022, the latest employee count at Docufree is 82.
What does Docufree do?
Docufree is involved in delivering digital transformation solutions to organizations across various sectors. Services provided include document scanning, digital mailroom automation, business process automation, electronic signatures, and cloud document management. The company supports industries such as healthcare, finance, education, government, and energy by digitizing paper records and managing enterprise information. Solutions are tailored to enhance compliance, improve data accessibility, and streamline workflows. Operations are focused on enabling faster decision-making and operational agility for clients in distributed environments.
Who are the top competitors of Docufree?
What products or services does Docufree offer?
Docufree offers Document Scanning & Imaging, Enterprise Digital Mailroom, Business Process Automation, Cloud Document Management, and Electronic Signature Services.
Who are Docufree's investors?
Docufree has 1 investor. Key investors include Docufree.