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NETDOCUMENTS
NetDocuments
Content management / SAAS document management · Lehi, Utah · United States · Founded · 1999 · ≈ · 750 · employees

NetDocuments Funding — Last Valued at $1.4B

Acquired

NetDocuments has raised $245M across 3 funding rounds. The latest round valued NetDocuments at $1.4B, with Warburg Pincus on the lead line.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
NetDocuments funding · at a glance
Total raised, all rounds
$245M
some round sizes not disclosed
Funding rounds
3
priced rounds
Latest round
$1.4B
May 2021
Lead on that event
Warburg Pincus
existing holders
2021
About NetDocuments

In May 2021, Warburg Pincus acquired Clearlake Capital's stake in NetDocuments, joining Cove Hill Partners as joint owners in a deal that valued the company at $1.4 billion.

Funding timeline

The NetDocuments funding timeline

3 funding rounds, the latest highlighted.

1999
NetDocuments founded

NetDocuments was founded in 1999, United States.

JUL 2014
Seed

A primary round — the company sells new shares to investors it selects. $25M raised, led by Frontier Capital.

Valuation basisAmount$25MPrice / shareLeadFrontier Capital
MAR 2017
Clearlake Capital acquisition of Frontier Capital stake

Existing holders. $220M raised, led by Clearlake Capital.

Valuation basisAmount$220MPrice / shareLeadClearlake Capital
MAY 2021LATEST

Existing holders. Led by Warburg Pincus.

Valuation basisAmountPrice / shareLeadWarburg Pincus
STATUS: ACQUIRED

No longer independent.

Funding rounds

NetDocuments funding rounds in full

3 dated rounds, newest first.

Round
Date
Amount
Valuation
Price / share
Lead investors
Participation
Warburg Pincus / Cove Hill ownership deal LATEST
May 2021
$1.4B
—
—
Warburg Pincus
existing holders
Clearlake Capital acquisition of Frontier Capital stake
Mar 2017
$220M
—
—
Clearlake Capital
existing holders
Seed
Jul 2014
$25M
—
—
Frontier Capital
—
NetDocuments · investors

Investors

Warburg PincusLEADCClearlake CapitalLEADFFrontier CapitalLEADCCove Hill Partners

Frequently asked questions

What is NetDocuments's valuation?›

The last valuation is $1.4B.

Who has invested in NetDocuments?›

Lead investors for each round are in the funding timeline.

Who are NetDocuments's competitors?›

The closest content management / saas document management peers are on the competitors page.

How can I get exposure to NetDocuments?›

The routes section explains what is realistically available for a company at this stage.

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