What is DocSend?
DocSend provides a robust platform designed to enable companies to share business-critical documents with enhanced security and control, while simultaneously gathering real-time, actionable feedback. Its services are utilized by over 27,000 customers across various sizes, including startup founders, investors, executives, and business development professionals. The platform facilitates the building of impactful business partnerships by offering a secure and insightful document-sharing environment.
How much funding has DocSend raised?
DocSend has raised a total of $14.7M across 3 funding rounds:
Other Financing Round
$1.7M
Unspecified
$8M
Corporate Investment
$5M
Other Financing Round (2013): $1.7M with participation from Cowboy Ventures, Jonathan Golden, Lerer Hippeau Ventures, and Uncork Capital
Unspecified (2016): $8M led by August Capital
Corporate Investment (2019): $5M supported by DCM Ventures
Key Investors in DocSend
Cowboy Ventures
Cowboy Ventures is an early-stage venture capital firm that focuses on investing in innovative startups. They are known for their hands-on approach to supporting founders and helping them build impactful businesses from the ground up.
Lerer Hippeau Ventures
Lerer Hippeau is a venture capital firm focused on investing in innovative startups, particularly in the early stages such as Seed and Pre-Seed rounds. They aim to support founders with great ideas who are willing to tackle challenging problems, fostering long-term success through their expertise as former operators. The firm invests across both enterprise and consumer landscapes, embodying a community spirit reminiscent of New York's audacity and resilience. Their portfolio reflects a commitment to redefining and creating new industry categories.
Uncork Capital
Uncork Capital is a seed-stage venture firm that commits early to startups and remains involved to provide critical support. The firm focuses on assisting companies through the challenges of early growth, aiming to build lasting partnerships. They have backed numerous innovative companies, helping them thrive in various industries. Uncork Capital primarily serves budding entrepreneurs and businesses in the early stages of development.
What's next for DocSend?
With the recent major strategic investment, DocSend is poised to further enhance its platform capabilities and expand its market reach. The company's focus on providing secure document sharing and actionable feedback aligns with the growing demand for data-driven insights in business communications. This latest round of financing will likely fuel product development, bolster sales and marketing efforts, and potentially explore new strategic partnerships to solidify its leadership in the document management and analytics space. The enterprise-level backing suggests a trajectory towards scaling operations and capturing a larger share of the market.
See full DocSend company page
