NetDocuments has been acquired by OpenText Cloud-based document. The final valuation stands at $1.4B. Its shares no longer trade independently.
1 valuation. The latest, $1.4B, was set by the Warburg Pincus / Cove Hill ownership deal in May 2021.
Warburg PincusLEADCClearlake CapitalLEADFFrontier CapitalLEADCCove Hill PartnersWarburg PincusClearlake CapitalFrontier CapitalNetDocuments provides a cloud-based document, email and records management platform built for law firms and in-house legal teams, adding features such as a Legal AI Assistant, Tabular Review for structured document answers, and an AI App Builder for automating routine legal workflows. The platform integrates with more than 150 other technologies, including Microsoft 365 and DocuSign.
More than 7,000 customers around the world use its intelligent document management system. NetDocuments launched in 1999 and is based in Lehi, Utah. A notable fact: the company has appeared on the Inc. 5000 Honor Roll five years running, a distinction reserved for companies with sustained, exceptional revenue growth.
Listed funds carry late-stage private names. A fund's latest schedule of investments shows whether it holds NetDocuments.
Often trade at a premium or discount to NAV.
Platforms match existing holders with buyers. NetDocuments availability at any moment is set by the holders.
High minimums, transfer approval, company right-of-first-refusal.
Valuations, rounds and IPO status for every company in the directory — NetDocuments included.
The last valuation is $1.4B.
Lead investors for each round are in the funding timeline.
The closest content management / saas document management peers are on the competitors page.
The routes section explains what is realistically available for a company at this stage.
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