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Company pair · Software
VS

Alation vs PandaDoc

Software Both private US-headquartered No Canborsa market

This comparison puts Alation next to PandaDoc within software on size, funding and trajectory.

On this pageSide by sideValuation marksWhat each disclosesVerdictFAQ
AlationPRIVATE · US
VS
Last valuation$1.7B$1B
Basis Post-money Post-money
Founded20122014
Employees≈700≈150
On CanborsaNo marketNo market
At a glance
$1.7B
AlationPost-money, Series E · Nov 2022
$1B
PandaDocPost-money, Series C
1.70×
GapBoth post-money
0 of 2
On CanborsaNeither company has a market
VS
Head-to-head · field by field

Alation vs PandaDoc — side by side

Field
AlationPRIVATE · FOUNDED 2012
PandaDocPRIVATE · FOUNDED 2014
VS
Last valuation
$1.7B Post-money
$1B Post-money
Valuation basis
Post-money
Post-money
Latest round
Series E
Series C
Named investors
Costanoa Ventures Data Collective Riverwood Capital Sanabil Investments
OMERS Growth Equity G Squared Altos Ventures Rembrandt Venture Partners
Founded
2012
2014
Employees (est.)
≈700
≈150
Sector & HQ
Computer software (enterprise data catalog) · 🇺🇸 US
Document Management / SAAS · 🇺🇸 US
Status & market
Private — no Canborsa market
Private — 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 $1B for PandaDoc (post-money).

Alation
$1.7BPost-money · Nov 2022
$1BPost-money · undated
ALATION · $1.7B · NOV 2022PANDADOC · $1B · UNDATED
Alation vs PandaDoc · 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.
PandaDocPRIVATESoftware · US · 2014
+Last disclosed mark $1B — post-money.
+Founded 2014 .
+≈150 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 $1B tells you…
What an investor paid for newly issued shares — a primary round, priced post-money.
The size of that round is undisclosed.
A dated print: it moves only when a newer round is announced.

Both marks are post-money, so 1.70× compares like with like. Both are private: there is no public quote and no Canborsa market on either name.

Frequently asked questions

Are Alation and PandaDoc in the same sector?›

Alation's sector is Computer software (enterprise data catalog); PandaDoc's sector is Document Management / SaaS.

How do Alation and PandaDoc compare in valuation?›

Alation is valued at $1.7B, and PandaDoc at $1B.

Who are the lead investors in Alation and PandaDoc?›

Alation's lead investors include Thoma Bravo and Sanabil Investments, and PandaDoc's include ICONIQ Growth.

Are Alation and PandaDoc publicly traded?›

Alation is private, and PandaDoc is private.

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