How Much Did Softdocs Raise?
Funding & Key Investors

Softdocs, a provider of document management and workflow automation solutions for the education sector, has secured $1M in total capital. The company recently received an undisclosed amount of financing on January 21, 2021, contributing to its overall financial standing. This latest investment follows a significant debt financing round of $1B on April 10, 2020, underscoring a period of substantial financial activity for the Columbia, South Carolina-based firm.

What is Softdocs?

Softdocs
SoftwareContent & Collaboration Software

Softdocs specializes in developing comprehensive solutions for higher education and K-12 institutions, focusing on document management, electronic forms, workflow automation, and print customization. Its flagship Etrieve platform is designed to enhance institutional efficiency, communication, and collaboration. With a strong presence in the education market, Softdocs serves nearly 700 organizations and maintains SOC 2 Type I and II compliance, positioning itself as a trusted partner in the sector. The company's establishment in 1998 highlights its long-standing commitment and experience in providing tailored technology solutions.

How much funding has Softdocs raised?

Softdocs has raised a total of $1M across 1 funding round:

2020

Debt

$1M

Debt (2020): $1M with participation from PPP

Key Investors in Softdocs

PPP

Public-Private Partnership

What's next for Softdocs?

The recent influx of capital, particularly the major enterprise-level funding and the undisclosed recent financing, suggests Softdocs is poised for significant expansion and strategic development. This backing will likely fuel advancements in its Etrieve platform, potentially enabling the company to broaden its service offerings, enhance its technological capabilities, and deepen its market penetration within the education technology landscape. The company's focus on efficiency and compliance positions it well to capitalize on the growing demand for digital transformation in educational institutions.

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Frequently Asked Questions Regarding Softdocs Financial Insights

What are the most recent funding rounds that Softdocs has completed, and what were the funding rounds?
Softdocs has recently completed 1 funding rounds: Debt on Apr 10, 2020.
What is the total amount of funding Softdocs has raised to date?
Softdocs has raised a total of $1M in funding to date.
How many funding rounds has Softdocs completed?
Softdocs has completed 1 funding rounds.
How much funding did Softdocs raise in its most recent funding round?
Softdocs raised $1M in its most recent funding round.
Who are the lead investors in Softdocs's latest funding round?
The lead investor in Softdocs's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Softdocs's history?
The largest funding round in Softdocs's history was $1M.
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