About SafeSend
SafeSend is a company based in Ann Arbor (United States) founded in 2008 by Andrew Hatfield was acquired by Thomson Reuters in January 2025. It operates as a SaaS (Software-as-a-Service). The company has 76 employees as of April 04, 2024. SafeSend offers products and services including SafeSend One and TicTie Calculate. SafeSend operates in a competitive market with competitors including FloQast, Canopy, Suralink, Silverfin and Trullion, among others.
- Headquarter Ann Arbor, United States
- Employees 76 as on 04 Apr, 2024
- Founders Andrew Hatfield
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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
*********
- Legal Name Cpaperless, Llc Dba Safesend
- Date of Incorporation 20 Apr, 2020
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$2.09 M (USD)129.3as on Mar 31, 2023
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Net Profit
$205.35 K (USD)120.99as on Mar 31, 2023
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EBITDA
$319.2 K (USD)133.98as on Mar 31, 2023
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Latest Funding Round
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Investors
Thomson Reuters
& 1 more
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Employee Count
76
as on Apr 04, 2024
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Acquired by
Thomson Reuters
(Jan 02, 2025)
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Products & Services of SafeSend
SafeSend offers a comprehensive portfolio of products and services, including SafeSend One and TicTie Calculate. 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.
Tax workflow is automated from intake to delivery.
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Funding Insights of SafeSend
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2021 | Amount | Seed - SafeSend | 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 SafeSend
SafeSend has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Thomson Reuters and Lead Edge 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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Lead Edge Capital is focused on growth equity investments in technology.
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Founded Year | Domain | Location | |
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Cloud-based legal management and data services are provided for businesses.
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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 SafeSend
| 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 - SafeSend
| 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 |
Safesend Comparisons
Competitors of SafeSend
SafeSend 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 FloQast, Canopy, Suralink, Silverfin and Trullion, 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 |
Automated account reconciliation is facilitated by a cloud-based platform.
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| domain | founded_year | HQ Location |
Practice management software is offered for accounting professionals.
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| domain | founded_year | HQ Location |
Workflow management software is provided for accounting firms' document handling.
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| domain | founded_year | HQ Location |
Cloud-based accounting workflow and practice management solutions for businesses
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| domain | founded_year | HQ Location |
AI-powered platform offering solutions for accountnats
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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 Safesend
Frequently Asked Questions about SafeSend
When was SafeSend founded?
SafeSend was founded in 2008 and raised its 1st funding round 13 years after it was founded.
Where is SafeSend located?
SafeSend is headquartered in Ann Arbor, United States. It is registered at Ann Arbor, Michigan, United States.
Who is the current CEO of SafeSend?
Steve Dusablon is the current CEO of SafeSend.
How many employees does SafeSend have?
As of Apr 04, 2024, the latest employee count at SafeSend is 76.
What is the annual revenue of SafeSend?
Annual revenue of SafeSend is $2.09M as on Mar 31, 2023.
What does SafeSend do?
Tax and accounting workflow automation is offered by SafeSend for professionals. Solutions are developed to streamline processes from client intake to delivery. Integration with leading tax preparation software is supported, including Thomson Reuters, Intuit, and Wolters KluwerCCH. Features like eSignatures, secure file transfer, and AI-powered document gathering are included. The focus is placed on enhancing client experience and operational efficiency within the tax and accounting sector.
Who are the top competitors of SafeSend?
What products or services does SafeSend offer?
SafeSend offers SafeSend One and TicTie Calculate.
Who are SafeSend's investors?
SafeSend has 2 investors. Key investors include Thomson Reuters, and Lead Edge Capital.