How Much Did SmartVault Raise?
Funding & Key Investors

SmartVault, a provider of Software as a Service online document storage and secure file sharing solutions, has secured $5.6M in total capital. The company recently announced a major strategic investment of $4.5M, underscoring its significant growth trajectory and market position. This latest financing round follows previous capital infusions, indicating sustained investor confidence in SmartVault's business model and its ability to serve accounting professionals and businesses.

What is SmartVault?

SmartVault
SoftwareContent & Collaboration SoftwareDatabase & File Management Software

SmartVault offers an accessible and cost-effective platform for users to store, view, and share files securely from any location. Its key differentiator lies in its seamless integration with popular small- and medium-sized business applications, including QuickBooks, Xero, and FreshBooks. This integration facilitates an efficient user experience for scanning, attaching, and retrieving documents within familiar accounting software. The company has garnered recognition for its innovation, including top honors from Intuit as a QuickBooks Gold Certified Developer and multiple awards from CPA Practice Advisor.

How much funding has SmartVault raised?

SmartVault has raised a total of $5.6M across 2 funding rounds:

2010

Private Equity

$1.1M

2014

Series B

$4.5M

Private Equity (2010): $1.1M, investors not publicly disclosed

Series B (2014): $4.5M, investors not publicly disclosed

What's next for SmartVault?

The recent major strategic investment signifies SmartVault's transition into a more mature phase of its corporate lifecycle, likely focused on scaling operations and expanding its market reach. This capital infusion is expected to fuel further development of its secure file-sharing and document management solutions, potentially enhancing its integration capabilities with a broader ecosystem of business applications. Strategic partnerships and product innovation will be crucial for SmartVault to solidify its leadership in the competitive SaaS document management space.

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Frequently Asked Questions Regarding SmartVault Financial Insights

What are the most recent funding rounds that SmartVault has completed, and what were the funding rounds?
SmartVault has recently completed 2 funding rounds: Series B on Dec 3, 2014, Private Equity on May 16, 2010.
What is the total amount of funding SmartVault has raised to date?
SmartVault has raised a total of $5.6M in funding to date.
How many funding rounds has SmartVault completed?
SmartVault has completed 2 funding rounds.
How much funding did SmartVault raise in its most recent funding round?
SmartVault raised $4.5M in its most recent funding round.
Which was the largest funding round in SmartVault's history?
The largest funding round in SmartVault's history was $4.5M.
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