NetDocuments

Lehi, United States Founded: 1998 • Age: 28 yrs Acquired By Clearlake Capital Group
Cloud-based enterprise content management solutions are provided for document collaboration.

About NetDocuments

NetDocuments is a Technology company based in Lehi (United States) founded in 1998, and was acquired by Clearlake Capital Group in March 2017. It operates as a cloud-based enterprise content management solutions are provided for document collaboration. NetDocuments has raised $30 million across 4 funding rounds from investors including Warburg Pincus, Cove Hill Partners and Frontier Capital. The company has 157 employees. NetDocuments has completed 2 acquisitions, including ThreadKM and Worldox. Its website netdocuments.com draws about 393 thousand monthly visits. NetDocuments offers products and services including Document Management System, Legal AI Assistant, Microsoft Teams Integration, and AI App Builder. Its focus areas include Enterprise Applications, Enterprise Information Management, Enterprise Content Management and Digital Transaction Management. Its legal entity is NETDOCUMENTS LIMITED. Its competitors include Box, Acquia, PandaDoc, Conga and Automattic and 5 more; 7 of its 10 listed competitors have raised funding.

Company details

NetDocuments was founded in 1998 and is headquartered in Lehi, United States. Enterprise content management services are delivered through a cloud platform, enabling the creation, security, management, access, and collaboration on documents and emails across devices. Data security measures, compliance with standards such as SEC, FINRA, and HIPAA, and disaster recovery options are included. Customers from small businesses to large enterprises are served in the technology sector.

Key Metrics

Products & Services of NetDocuments

NetDocuments offers a comprehensive portfolio of products and services, including Document Management System, Legal AI Assistant, Microsoft Teams Integration, and AI App Builder.

Document Management System
Software

Platform for organizing and securing legal documents

Legal AI Assistant
AI Tools

AI for answering questions from documents quickly

Microsoft Teams Integration
Collaboration

Integration for document access in Microsoft Teams

AI App Builder
Workflow Automation

Tool for creating custom AI workflows

Funding Insights of NetDocuments

NetDocuments has successfully raised a total of $30M across 4 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $30M
  • Total Rounds 4
  • First Round $25M

    (Jul 2014)

  • Investors Count 3

All 4 funding rounds of NetDocuments with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2021–Series B–Warburg Pincus
May 2019–Series B–Cove Hill Partners
–
Mar 2016$5MSeries B––
–
Jul 2014$25MSeries B––
Valuation history

4 investors in total: 4 institutional.

Investors in NetDocuments

NetDocuments has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Warburg Pincus, Cove Hill Partners and Frontier Capital.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Multi-stage private equity investments are pursued across diverse sectors.
1966warburgpincus.comNew York, United States
Private equity investments are made in technology and consumer sectors.
–covehillpartners.comBoston, United States
-
–frontiercapital.com-
Lower and mid-market investments are managed through private equity strategies.
–clearlake.comSanta Monica, United States
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Investor details for NetDocuments

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People of NetDocuments

140 people are tracked at NetDocuments (32 in leadership, 108 in team); the tracked headcount is 157.

NameRoleGroup
Josh Baxter
Chief Executive OfficerLeadership
Dan Hauck
Chief Product OfficerLeadership
Kerri Dearing
VP, International BusinessLeadership
Dayton Kellenberger
Chief Financial OfficerLeadership
Eric Pande
Chief of StaffLeadership
Mike Gibson
Chief Revenue OfficerLeadership
Kaden Smith
Director, Strategic SalesLeadership
Chandler Shepherd
Vice President Of Client SalesLeadership
John Motz
Chief Technology OfficerLeadership
Alecha Stackle
Chief Marketing OfficerLeadership
Marc Duncan
Vice President Of Strategic SalesLeadership
Jill Schornack
Vice President, ProductLeadership
Brooke Kammeyer
Head Of Pricing And PackagingLeadership
Melissa Mickelson
Vice President, Brand Strategy And Corporate MarketingLeadership
Chris Dewitt
Senior Director Of EngineeringLeadership
Michael Nauta
Director, Engineering OperationsLeadership
Erik Lustig
Sr. Director EngineeringLeadership
Brandon Rock
Director, Platform EngineeringLeadership
Pedro Martins
Director Of Information SecurityLeadership
Aafke Koopal
Director, GTM FinanceLeadership

120 more people are available in the full profile.

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Investments & Acquisitions by NetDocuments

NetDocuments has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include ThreadKM and Worldox.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Document and email management solutions are offered by Worldox.
worldox.comGlen Rock, United States1988Oct 2022β€’β€’β€’β€’
A project management tool tailored for legal professionals.
threadkm.comAtlanta, United States2014Nov 2017β€’β€’β€’β€’
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Complete acquisition details for NetDocuments

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Timeline of NetDocuments

6 dated milestones of NetDocuments across 24 years, from founding to its latest funding, stage changes and deals.

  1. Founded NetDocuments is founded.
  2. Funding First funding round of $25.0M.
  3. Exit Acquired by Clearlake Capital Group.
  4. Acquisition Acquires ThreadKM.
  5. Funding Latest funding round, Series B,.
  6. Acquisition Acquires Worldox.

Competitors of NetDocuments

NetDocuments has 10 listed competitors in our database, 7 of them funded. They include Box, Acquia, PandaDoc, Conga and Automattic, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
box.com2005Redwood, United States$692.63M–
AI-based platform for secure collaboration and content management is utilized.
acquia.com2007Boston, United States$173.5M78
AI powered digital experience and customer data management platform
pandadoc.com2011San Francisco, United States$61.93M181
Document workflows are automated and managed for sales teams.
conga.com2006Broomfield, United States$140.09M266
Contract lifecycle management is facilitated via a cloud-based platform.
ma.tt2005San Francisco, United States––
Automattic is engaged in developing web and messaging solutions.
m-files.com1989Plano, United States$125.52M118
Documents are managed and automated for enterprise knowledge work.
kaltura.com2006New York, United States–580
Offers cloud-based video solutions tailored for the media and entertainment industry.
digio.com.br2016Sao Paulo, Brazil––
Mobile platform offering credit cards
instabase.com2015San Francisco, United States$321.92M136
Business processes are automated via customizable apps and AI tools.
gonitro.com2005San Francisco, United States$36.6M157
Cloud-based PDF editing, collaboration, and e-signature solutions are provided.
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Detailed competitors of NetDocuments

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Web traffic of NetDocuments

The website of NetDocuments (netdocuments.com) receives about 393.1K visits a month.

  • Monthly visits
    393.1K

    ▲ 7.1% vs previous month

Similar websites

Websites whose visitors overlap most with NetDocuments. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
falcondocumentmanagement.co.uk
falcondocumentmanagement.co.uk
100%
–––
zoom.us
98%
563.4M#82View details
yoobi.nl
yoobi.nl
98%
–#278,883–
box.com
96%
74.3M#381View details
springcm.com
96%
367.4K#120,185View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Top companies in Enterprise Software & Platforms

10 companies that operate in the same segment as NetDocuments (Enterprise Software & Platforms), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
AI-based platform for secure collaboration and content management is utilized.
2005Redwood City, California, United StatesUSD 692.63 MUSD 1.18 B4,447
Cloud-based big data warehouse for enterprise data management is provided.
2012Bozeman, Montana, United StatesUSD 1.46 BUSD 3.63 B12,114
Cloud based project management platform
2016Palo Alto, California, United StatesUSD 535.25 M–1
AI-enabled private search engine for keyword-based queries is operated.
2020Palo Alto, California, United StatesUSD 199 M–337
Enterprise data security software is provided for digital asset protection.
2008Milpitas, California, United StatesUSD 51.78 MUSD 14.56 M223
Cloud based data streaming analytics and governance platform
2014Mountain View, California, United StatesUSD 456 MUSD 963.64 M3,583
Cloud-based business intelligence solutions are provided via integrated suite.
2010American Fork, Utah, United StatesUSD 729.81 MUSD 317.04 M1,248
AI powered digital experience and customer data management platform
2007Boston, Massachusetts, United StatesUSD 173.5 MUSD 14.84 M341
Platform that offers data governance and file sharing solutions
2006Mountain View, California, United StatesUSD 136.5 MUSD 8.93 M1,317
Cloud-based video solutions for media, entertainment, and education are provided.
2006New York, New York, United StatesUSD 145.1 M–580
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Related news about Netdocuments

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Frequently Asked Questions about NetDocuments

NetDocuments was founded in 1998 and raised its 1st funding round 16 years after it was founded.

NetDocuments is headquartered in Lehi, United States. It is registered at Lehi, Utah, United States.

NetDocuments is a funded company, having raised a total of $30M across 4 funding rounds to date. The company's 1st funding round was a Series B of $25M, raised on Jul 2014.

NetDocuments has 157 employees.

NetDocuments was founded in 1998 and is headquartered in Lehi, United States. Enterprise content management services are delivered through a cloud platform, enabling the creation, security, management, access, and collaboration on documents and emails across devices. Data security measures, compliance with standards such as SEC, FINRA, and HIPAA, and disaster recovery options are included. Customers from small businesses to large enterprises are served in the technology sector.

NetDocuments's top competitors include Box, Acquia and Conga.

NetDocuments offers Document Management System, Legal AI Assistant, Microsoft Teams Integration, and AI App Builder.

NetDocuments has made 2 acquisitions, including ThreadKM, and Worldox.

NetDocuments has 4 investors. Key investors include Warburg Pincus, Cove Hill Partners, Frontier Capital, and Clearlake Capital Group.

NetDocuments operates through Netdocuments Limited.

Yes. NetDocuments was acquired by Clearlake Capital Group in March 2017.

The website of NetDocuments receives about 393 thousand visits a month.

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