How Much Did Documents Online Raise?
Funding & Key Investors

Documents Online, a provider of Enterprise Content Management solutions, has secured $77K in recent financing, contributing to a total funding amount of $97K. This latest capital infusion, categorized as debt financing, follows a prior debt round of $20 million in March 2021. The company's recent funding round, which closed on September 30, 2024, was for substantial expansion capital, indicating a strategic move to scale operations.

What is Documents Online?

Documents Online
Business ServicesSoftware TestingContent & Collaboration Software

Documents Online, Inc. operates as an Authorized Reseller of Laserfiche Software, focusing on delivering Enterprise Content Management (ECM) solutions. With over 25 years of experience, the company specializes in automating document management processes and tailoring custom solutions for clients across various sectors, including K-12 education, local government, manufacturing, and electric cooperatives. Their expertise lies in enhancing operational efficiency through robust document handling and workflow automation for businesses in the United States and Canada. The company was recently acquired by ICC Community Development Solutions.

How much funding has Documents Online raised?

Documents Online has raised a total of $97K across 2 funding rounds:

2021

Debt

$20K

2024

Debt

$77K

Debt (2021): $20K with participation from PPP

Debt (2024): $77K led by BankFirst Financial Services

Key Investors in Documents Online

PPP

Public-Private Partnership

BankFirst Financial Services

BankFirst Financial Services is a financial institution that provided debt financing to Documents Online. Their involvement suggests a focus on supporting business expansion through credit facilities.

What's next for Documents Online?

The substantial expansion capital recently obtained by Documents Online suggests a strategic focus on scaling its ECM solutions and potentially broadening its market reach. As a significant player in the Laserfiche reseller ecosystem, this financing will likely enable the company to enhance its service offerings, invest in technological advancements, and bolster its customer support infrastructure. The company's trajectory, marked by consistent debt financing, points towards a strategy of leveraging financial instruments to fuel growth and operational capacity, particularly following its acquisition by ICC Community Development Solutions.

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Frequently Asked Questions Regarding Documents Online Financial Insights

What are the most recent funding rounds that Documents Online has completed, and what were the funding rounds?
Documents Online has recently completed 2 funding rounds: Debt on Sep 30, 2024, Debt on Mar 31, 2021.
What is the total amount of funding Documents Online has raised to date?
Documents Online has raised a total of $97K in funding to date.
How many funding rounds has Documents Online completed?
Documents Online has completed 2 funding rounds.
How much funding did Documents Online raise in its most recent funding round?
Documents Online raised $77K in its most recent funding round.
Who are the lead investors in Documents Online's latest funding round?
The lead investor in Documents Online's latest funding round was BankFirst Financial Services. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Documents Online's history?
The largest funding round in Documents Online's history was $77K.
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