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Company pair · Software
VS

Alation vs NetDocuments

Software Alation private NetDocuments acquired US-headquartered No Canborsa market

Alation vs NetDocuments: two of the better-known names in software, compared side by side.

On this pageSide by sideValuation marksWhat each disclosesVerdictFAQ
AlationPRIVATE · US
NetDocumentsACQUIRED · US
VS
Last valuation$1.7B$1.4B
Basis Post-money Basis undisclosed
As ofNov 2022May 2021
Founded20121999
Employees≈700≈750
On CanborsaNo marketNo market
At a glance
$1.7B
AlationPost-money, Series E · Nov 2022
$1.4B
NetDocumentsWarburg Pincus / Cove Hill ownership deal · May 2021
An acquisition mark and a going-concern print stay on separate scales
Gap
0 of 2
On CanborsaNeither company has a market
VS
Head-to-head · field by field

Alation vs NetDocuments — side by side

Field
AlationPRIVATE · FOUNDED 2012
NetDocumentsACQUIRED · FOUNDED 1999
VS
Last valuation
$1.7B Post-money
$1.4B Basis undisclosed
Valuation date
1 Nov 2022
1 May 2021
Latest round
Series E
Warburg Pincus / Cove Hill ownership deal
Round lead
Thoma Bravo, Sanabil Investments
Warburg Pincus
Named investors
Costanoa Ventures Data Collective Riverwood Capital Sanabil Investments
Founded
2012
1999
Employees (est.)
≈700
≈750
Sector & HQ
Computer software (enterprise data catalog) · 🇺🇸 US
Content management / SAAS document management · 🇺🇸 US
Status & market
Private — no Canborsa market
Acquired — no Canborsa market
Valuation · both companies on one scale

Valuation marks

Each bar is the last disclosed mark — $1.7B for Alation (post-money, Nov 2022) and $1.4B for NetDocuments (basis undisclosed, May 2021).

Alation
$1.7BPost-money · Nov 2022
NetDocuments
$1.4Bbasis undisclosed · May 2021
ALATION · $1.7B · NOV 2022NETDOCUMENTS · $1.4B · MAY 2021
Alation vs NetDocuments · what each company discloses

What each company discloses, and what it leaves out

AlationPRIVATESoftware · US · 2012
+Last disclosed mark $1.7B — post-money, Nov 2022.
+Founded 2012 .
+≈700 employees.
+Latest round: Series E, $123M raised, led by Thoma Bravo.
NetDocumentsACQUIREDSoftware · US · 1999
+Last disclosed mark $1.4B — basis undisclosed, May 2021.
+Founded 1999 .
+≈750 employees.
+
+
Verdict

Verdict

The $1.7B tells you…
What an investor paid for newly issued shares — a primary round, priced post-money.
How much capital arrived with it:$123M, led by Thoma Bravo in Nov 2022.
A dated print: it moves only when a newer round is announced.
The $1.4B tells you…

At least one valuation basis is undisclosed, so the two numbers stay side by side, each with its own chip, and no ratio is scored. Both are private: there is no public quote and no Canborsa market on either name.

Frequently asked questions

Are Alation and NetDocuments in the same sector?›

Alation's sector is Computer software (enterprise data catalog); NetDocuments' sector is Content management / SaaS document management.

Which is worth more, Alation or NetDocuments?›

Alation is valued at $1.7B, and NetDocuments at $1.4B.

What's the total funding raised by Alation versus NetDocuments?›

Alation has raised $315M in total; NetDocuments has raised $245M.

Is Alation or NetDocuments a public company?›

Alation's status is private; NetDocuments' status is acquired.

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