DocuSign vs PandaDoc

2022. DocuSign announces end-to-end contract lifecycle integration inside Slack



Slack has always excelled in its ability to perform tasks seamlessly, eliminating the need to navigate multiple applications. In 2020, DocuSign introduced electronic signature integration within Slack, which proved especially valuable during the peak of the pandemic. Today, DocuSign announced a significant advancement: the entire contract lifecycle can now be managed directly within Slack. Recognizing the importance of integrating the signing process into the most widely used SaaS tools, DocuSign has been exploring various avenues. This development follows the company's earlier announcement this year regarding document signing in Zoom, another application that experienced a surge in popularity during the pandemic-induced lockdown.


2020. Sales document workflow startup PandaDoc gets $30M



PandaDoc, a startup that specializes in a comprehensive digital sales document workflow encompassing proposals, electronic signatures, and payment collection, has recently announced a $30 million Series B extension. The company's growth strategy revolves around leveraging their eSignature tool as a means to onboard users onto their platform. In response to the pandemic's impact in the United States, PandaDoc made their eSignature tool available for free in March. This decision has proven to be an effective lead magnet, attracting more individuals to become familiar with the company. Once users engage with the platform, they have the opportunity to explore a wider range of tools, potentially converting into paying customers.


2020. DocuSign acquires Seal Software for $188M to enhance its AI chops



Contract management service DocuSign has announced its acquisition of Seal Software for $188 million. Established in 2010, Seal Software may not be widely recognized, but its clientele includes prominent companies such as PayPal, Dell, Nokia, and even DocuSign itself. These organizations utilize Seal's contract management tools, as well as its analytics, discovery, and data extraction services. It is specifically Seal's AI capabilities, developed over time to assist businesses in contract analysis, that motivated DocuSign to pursue the acquisition. This move aims to significantly streamline processes such as legal reviews, enabling substantial time savings for DocuSign and its customers.


2018. DocuSign filed for IPO



DocuSign, the trailblazer in e-signatures, is preparing for its highly anticipated initial public offering (IPO) within the next six months. By leveraging a commonly used provision of the JOBS Act, DocuSign has confidentially submitted its IPO filing, with plans to unveil it a few weeks prior to its public debut. Similar to Dropbox, which is set to go public this week after years of anticipation, DocuSign, headquartered in San Francisco, has been generating excitement as an IPO candidate for several years. Since its establishment in 2003, the company has successfully raised over $500 million in funding and currently holds a valuation of $3 billion. Notable investors such as Kleiner Perkins, Bain Capital, Intel Capital, GV (Google Ventures), and Dell have recognized the potential of DocuSign and have made significant investments in the company.


2016. DocuSign partners with major payment providers to offer pay at signing



Electronic signature provider DocuSign now offers the ability for users to include a digital payment during the signing process. This feature is particularly valuable for contracts that necessitate an initial payment to proceed. Previously, parties had to handle payment separately from the electronic contract signing, often resorting to phone calls, emails, or traditional mail to collect payment before work could commence or the agreement could be deemed official. The introduction of this payments functionality enables parties to conveniently arrange payments upfront, resulting in a streamlined process overall.


2015. Sales content managment service PandaDoc gets $5M



The automation-focused startup PandaDoc has recently secured a $5 million investment. PandaDoc specializes in streamlining the creation of quotes, proposals, and contracts through its platform. Acting as a content layer that integrates with CRM tools, the product currently supports popular platforms such as Salesforce.com, Zoho, Pipeliner, and Base. It also collaborates with Zendesk, facilitating the distribution of renewal contracts and other relevant information by customer service personnel. To simplify the content creation process for sales teams, PandaDoc offers a range of pre-defined templates that can be tailored to suit each company's specific requirements. These templates encompass various components, including standard introductory content and pricing tables with predefined discounts.


2015. Electronic signature platform DocuSign raises $233M



DocuSign, a renowned company recognized for its electronic signature platform, has successfully secured a funding of $233 million. DocuSign stands as one of the market leaders and a globally accepted standard for electronic signatures. Its electronic signature platform is the largest and fastest-growing in the world, empowering businesses to swiftly and securely complete transactions online, while enhancing compliance and reducing costs. Unlike sluggish and costly document management systems, DocuSign's cloud computing-based electronic signature platform serves as a comprehensive replacement. The CEO of DocuSign has outlined three primary objectives for the company: to expand its revenue, make progress towards profitability, and establish its global identity standard. To achieve these goals, a portion of the newly acquired capital will be allocated towards facilitating international expansion.


2015. DocuSign acquires digital signature provider CoSign



DocuSign has announced its acquisition of ARX, building upon their successful three-year business partnership. This collaboration brings together ARX's exceptional CoSign digital signature technology with DocuSign's leading Digital Transaction Management (DTM) platform, enabling customers worldwide to conduct business transactions with complete trust and confidence. ARX's CoSign line of products holds crucial compliance certifications, such as NIST's FIPS 140-2 Level 3 and Common Criteria EAL4+, which are highly valued by customers across Europe, the Americas, and Asia. CoSign is extensively utilized by millions of users in heavily regulated industries like life sciences, government and public sector, financial services, healthcare, and engineering. Moreover, the CoSign product line seamlessly integrates with a wide range of systems, including Microsoft Office, Office 365, SharePoint, Nintex, K2, OpenText, Oracle, Alfresco, and more.