# PandaDoc

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/pandadoc

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.pandadoc.com
- Total disclosed funding: $32M
- Latest round: Series C (Sep 22, 2021)
- Investors on record: 12

## About

PandaDoc, Inc. is a US-based provider of innovative agreement management solutions that enhance document workflows for businesses by facilitating creation, approval, tracking, and electronic signing of documents.Founded in 2011 by Mikita Mikado, Sergey Barysiuk, and Staffan Moritz, PandaDoc, Inc. is headquartered in San Francisco, US. The company specializes in document management solutions and has successfully raised USD 13.75 mn in Series C funding on September 22, 2021, with contributions from investors such as G Squared and OMERS Private Equity. The company has completed a total of 6 funding deals, with a current valuation of USD 1,000.00 mn.PandaDoc offers a comprehensive agreement management solution designed to streamline the document workflow for businesses. The platform enables users to create, approve, track, and electronically sign documents swiftly, thus addressing the inefficiencies commonly found in traditional document processes. Core functionalities include customizable templates for document creation, collaborative deal rooms for real-time feedback, and automated workflows that reduce manual tasks. Targeted at a diverse client base ranging from software and technology firms to healthcare, education, and professional services, PandaDoc serves users in North America, Europe, and beyond. The solution caters primarily to sales teams, human resources departments, and legal entities seeking to enhance their operational efficiency while ensuring compliance with industry standards.PandaDoc generates revenue primarily through subscription-based pricing models that cater to various business needs. The platform offers multiple pricing tiers, allowing organizations to select plans based on the scale of their document management requirements. Transactions typically occur on a B2B basis, with companies subscribing to access features such as document generation, e-signatures, and integration with CRM systems. Clients utilize PandaDoc’s key services, including its flagship e-signature capabilities and CPQ (Configure, Price, Quote) solutions, to streamline their sales processes and enhance customer engagement. The established pricing structure reflects the company's commitment to providing tailored solutions that cater to the specific demands of its client base while ensuring that businesses can efficiently manage their documentation and agreements.Following the most recent funding round on September 16, 2025, In December 2025, PandaDoc, Inc. raised USD 5.8 million in venture funding led by new investor Indico Capital. The company is focused on introducing new products designed to improve user engagement and streamline document processes further. Additionally, PandaDoc aims to expand into new geographic markets, specifically targeting regions in Europe and Asia by the end of 2023. In December 2025, PandaDoc, Inc. raised USD 5.8 million in venture funding led by Indico Capital. The company will use the funding to expand its Lisbon team and develop new artificial-intelligence features for its document automation platform.

## Funding rounds

- Series C, Sep 22, 2021 — Altos Ventures, Rembrandt Venture Partners, OMERS Private Equity, G Squared, One Peak, M12
- Series B, Jul 13, 2020, $14M — Rembrandt Venture Partners, Savano Capital Partners, One Peak, EBRD, M12
- Series B, Apr 5, 2017, $13M — Altos Ventures, Rembrandt Venture Partners, HubSpot, Inc., EBRD, M12
- Series A, Jul 8, 2015, $5M — Altos Ventures, TMT Investments
- Seed, May 9, 2013, $0.7M — Kima Ventures, Altair Capital

## Investors

- Kima Ventures (https://capitalatlas.ai/funds/kima-ventures) — Seed
- Altair Capital — Seed
- Altos Ventures (https://capitalatlas.ai/funds/altos-ventures) — Series A, Series B, Series C
- TMT Investments (https://capitalatlas.ai/funds/tmt-investments) — Series A
- Rembrandt Venture Partners (https://capitalatlas.ai/funds/rembrandt-venture-partners) — Series B, Series C
- HubSpot, Inc. — Series B
- EBRD (https://capitalatlas.ai/funds/ebrd) — Series B
- M12 (https://capitalatlas.ai/funds/m12) — Series B, Series C
- Savano Capital Partners (https://capitalatlas.ai/funds/savano-capital-partners) — Series B
- One Peak (https://capitalatlas.ai/funds/one-peak) — Series B, Series C
- OMERS Private Equity (https://capitalatlas.ai/funds/omers-private-equity) — Series C
- G Squared (https://capitalatlas.ai/funds/g-squared) — Series C