About Omtool
Omtool is a company based in Andover (United States) founded in 1996 was acquired by Upland in January 2017.. The company has 448 employees as of December 31, 2019. Omtool offers products and services including AccuRoute, InGenius, and Panviva. Omtool operates in a competitive market with competitors including Box, Acquia, Conga, Automattic and M-Files, among others.
- Headquarter Andover, United States
- Employees 448 as on 31 Dec, 2019
- Stage Public
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Sectors
Professional & Legal ServicesTechnology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Upland Software, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$1.5 M (USD), Post-IPO
Jan 01, 2007
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Investors
Upland Software
& 1 more
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Employee Count
448
as on Dec 31, 2019
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Acquired by
Upland
(Jan 11, 2017)
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Products & Services of Omtool
Omtool offers a comprehensive portfolio of products and services, including AccuRoute, InGenius, and Panviva. 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.
Handles document capture, processing, and fax for enterprises.
Integrates phone systems for personalized customer service interactions.
Provides AI-powered tools for compliant knowledge sharing in industries.
Funding Insights of Omtool
- Total Funding Total Funding
- Total Rounds 3
- Last Round Post-IPO — $1.5M
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2007 | Amount | Post-IPO - Omtool | Valuation |
investors |
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| Mar, 2004 | Amount | Post-IPO - Omtool | Valuation |
investors |
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| Jun, 1996 | Amount | Series A - Omtool | Valuation |
investors |
| 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 Omtool
Omtool has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Upland Software and Summit Partners. 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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Summit Partners is recognized as a growth equity investment firm.
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Founded Year | Domain | Location | |
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Cloud-based software solutions are offered for diverse business operations.
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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 Omtool
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 - Omtool
| 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 |
Omtool Comparisons
Competitors of Omtool
Omtool 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, Conga, Automattic and M-Files, 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 |
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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| domain | founded_year | HQ Location |
Offers cloud-based video solutions tailored for the media and entertainment industry.
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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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Frequently Asked Questions about Omtool
When was Omtool founded?
Omtool was founded in 1996.
Where is Omtool located?
Omtool is headquartered in Andover, United States. It is registered at Andover, Massachusetts, United States.
How many employees does Omtool have?
As of Dec 31, 2019, the latest employee count at Omtool is 448.
What does Omtool do?
Omtool was founded in 1996 in Andover, United States, within the software industry focused on document management. Cloud-based solutions are offered for batch scanning of records, on-demand capture at desktops, and mobile device integration. Tracking, logging, and archiving of legal documents are supported, while information from multiple sources is centralized into folders or sets for storage consolidation.
What products or services does Omtool offer?
Omtool offers AccuRoute, InGenius, and Panviva.
Who are Omtool's investors?
Omtool has 2 investors. Key investors include Upland Software, and Summit Partners.
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