About NetDocuments
NetDocuments is a company based in Lehi (United States) founded in 1998 was acquired by Clearlake Capital Group in March 2017.. 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 as of December 31, 2021. NetDocuments has completed 2 acquisitions, including ThreadKM and Worldox. NetDocuments offers products and services including Document Management System, Legal AI Assistant, Microsoft Teams Integration, and AI App Builder. NetDocuments operates in a competitive market with competitors including Box, Acquia, PandaDoc, Conga and Automattic, among others.
- Headquarter Lehi, United States
- Employees 157 as on 31 Dec, 2021
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
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- Legal Name Netdocuments Limited
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$30 M (USD)
in 4 rounds
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Latest Funding Round
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Investors
Warburg Pincus
& 3 more
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Employee Count
157
as on Dec 31, 2021
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Investments & Acquisitions
ThreadKM
& 1 more
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Acquired by
Clearlake Capital Group
(Mar 01, 2017)
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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. 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.
Platform for organizing and securing legal documents
AI for answering questions from documents quickly
Integration for document access in Microsoft Teams
Tool for creating custom AI workflows
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Software Development Team
42 people
Leadership Team
33 people
Sales and Marketing
14 people
Finance and Accounting
7 people
Account Team
5 people
Operations Team
5 people
Legal and Compliance
5 people
Product Management Team
4 people
Unlock access to complete
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 Total Funding
- Total Rounds 4
- Last Round Last Round
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First Round
First Round
(15 Jul 2014)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2021 | Amount | Series B - NetDocuments | Valuation | Warburg Pincus | |
| May, 2019 | Amount | Series B - NetDocuments | Valuation | Cove Hill Partners |
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| Mar, 2016 | Amount | Series B - NetDocuments | Valuation |
investors |
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| 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 |
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. 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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Multi-stage private equity investments are pursued across diverse sectors.
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Founded Year | Domain | Location | |
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Private equity investments are made in technology and consumer sectors.
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Founded Year | Domain | Location | |
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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 NetDocuments
NetDocuments has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include ThreadKM and Worldox. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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A project management tool tailored for legal professionals.
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2014 | ||||
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Document and email management solutions are offered by Worldox.
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1988 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - NetDocuments
| 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 |
Netdocuments Comparisons
Competitors of NetDocuments
NetDocuments 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 Box, Acquia, PandaDoc, Conga and Automattic, 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 |
AI-based platform for secure collaboration and content management is utilized.
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| domain | founded_year | HQ Location |
AI powered digital experience and customer data management platform
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| domain | founded_year | HQ Location |
Document workflows are automated and managed for sales teams.
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| domain | founded_year | HQ Location |
Contract lifecycle management is facilitated via a cloud-based platform.
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| domain | founded_year | HQ Location |
Automattic is engaged in developing web and messaging solutions.
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| domain | founded_year | HQ Location |
Documents are managed and automated for enterprise knowledge work.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Latest news on Netdocuments
Frequently Asked Questions about NetDocuments
When was NetDocuments founded?
NetDocuments was founded in 1998 and raised its 1st funding round 16 years after it was founded.
Where is NetDocuments located?
NetDocuments is headquartered in Lehi, United States. It is registered at Lehi, Utah, United States.
Is NetDocuments a funded company?
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 $5M, raised on Jul 15, 2014.
How many employees does NetDocuments have?
As of Dec 31, 2021, the latest employee count at NetDocuments is 157.
What does NetDocuments do?
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.
Who are the top competitors of NetDocuments?
What products or services does NetDocuments offer?
NetDocuments offers Document Management System, Legal AI Assistant, Microsoft Teams Integration, and AI App Builder.
How many acquisitions has NetDocuments made?
Who are NetDocuments's investors?
NetDocuments has 4 investors. Key investors include Warburg Pincus, Cove Hill Partners, Frontier Capital, and Clearlake Capital Group.