PandaDoc

From Wikipedia, the free encyclopedia
PandaDoc
PandaDoc Logo PNG.png
Type of site
Private
Founded2013
HeadquartersSan Francisco, California
No. of locations3
OwnerPandaDoc, Inc.
Founder(s)Mikita Mikado, CEO
Sergey Barysiuk, CTO
IndustrySaaS
URLwww.pandadoc.com

PandaDoc is an American software company providing SaaS software. The platform provides sales processes software. PandaDoc is based in San Francisco, California[1][2] with main offices in Minsk, Belarus[3] and St. Petersburg, Florida.[4] document automation software as a service with built-in electronic signatures, workflow management, a document builder, and CPQ functionality.[5] Some Belarusian-born employees of the company were persecuted in Belarus for participating in 2020 Belarusian protests.

History[]

In 2012 company was founded by Mikita Mikado and Sergey Barysiuk in Minsk, Belarus. In 2014 company headquarters were moved to the Silicon Valley.[1] Mikita Mikado and Sergey Barysiuk initially created Quote Roller in 2011, in 2017 company has opened new office in St. Petersburg, Florida[6][7]

In 2015 company raised $5M in Series A, led by Altos Ventures. PandaDoc closed two Series B fundings, B1 in May 2017 with $15M, and B2 in August 2018 worth $30 million led by One Peak Partners.[8][9] In September 2021, PandaDoc closed a Series C with a $1 billion valuation,[10] thus becoming the first Belarus-originated unicorn.[11]

Software[]

PandaDoc proposal and contract software is a SaaS product for sales processes.[12]

Features[]

PandaDoc includes features to create, track and execute documents, as well as functionality for electronic signatures.[13] It consists of features in the following categories: proposals, quotes, team management, content management, branding, tracking, workflow, productivity, etc.[14] It integrates with several CRMs, as well as ERP, payment, cloud storage, and other systems.[15]

Political activity[]

Several PandaDoc employees were arrested in Belarus in September 2020 in retaliation for founders personally protesting crackdowns on participants of 2020–21 Belarusian protests that followed rigged elections earlier; the founders have offered a financial, aid and professional retraining (in the tech industry) to the police officers who have lost their jobs because of refusing to illegally suppress protesters.[16] Most of the arrested employees were conditionally released later that autumn; the last remaining person under arrest was released in August 2021. On 31 August 2021, the authorities of Belarus announced that the case against PandaDoc was closed after the defendants admitted their guilt and compensated the alleged damage.[17]

As March 2021, the company’s office in Minsk was in liquidation process, and many employees have moved to an office located in Kiev.[18]

Recognition and awards[]

  • 2017 - Hot Vendor in Modern Content Management in 2017 by Aragon Research[19][20]
  • 2020 - Best Overall SaaS Award Winner by APPEALIE [1]

See also[]

References[]

  1. ^ a b "Why Microsoft and HubSpot Invested in PandaDoc". CMSC. Retrieved 2017-05-29.
  2. ^ Smilansky, Oren (2017-08-28). "The 2017 CRM Market Rising Stars: PandaDoc". CRM Magazine. Retrieved 2017-12-10.
  3. ^ "Enter the Panda". Business Observer. Retrieved 2017-11-10.
  4. ^ "PandaDoc St. Petersburg Grand Opening". Eventbrite. Retrieved 2017-11-16.
  5. ^ Pandadoc description
  6. ^ "Two Years Down the Road Belarusian Quote Roller Raises 500K Euros". GoalEurope. Retrieved 2013-05-13.
  7. ^ "Company Overview of Quote Roller, Inc". Bloomberg L.P. Retrieved 2017-05-23.
  8. ^ "PandaDoc Raises $5 Million in Series A Funding". The Tech Bulletin Inc. Retrieved 2015-07-10.
  9. ^ "PandaDoc Scores $15 Million Investment to Drive Expansion". TechCrunch. 2017-05-23. Retrieved 2017-05-23.
  10. ^ Lunden, Ingrid (2021-09-22). "PandaDoc, the e-document startup, now valued at $1B as it closes a big Series C". TechCrunch. Retrieved 2021-09-25.
  11. ^ "PandaDoc с фаундерами-беларусами привлёк инвестиции и стал единорогом". dev.by (in Russian). 2021-09-22. Retrieved 2021-09-25.
  12. ^ "Improve Sales with PandaDoc Document Management". PCMag. Retrieved 2016-05-25.
  13. ^ "PandaDoc Closes $15 Million Series B, backed by Rembrandt, Microsoft Ventures, HubSpot and Altos". GlobeNewswire. Retrieved 2017-05-23.
  14. ^ "Features - PandaDoc". PandaDoc. Retrieved 2017-04-17.
  15. ^ "PandaDoc Expands Integrations". Destination CRM. Retrieved 2017-08-18.
  16. ^ "PandaDoc employees arrested in Belarus after founders protest against Lukashenko regime". TechCrunch. 2020-09-05. Retrieved 2020-09-06.
  17. ^ "Дело PandaDoc закрыто, но остались вопросы. Вот они". dev.by (in Russian). 2021-08-31. Retrieved 2021-09-25.
  18. ^ Павел Корзун (2021-03-10). "PandaDoc ликвидирует компанию в Беларуси". dev.by (in Russian). Retrieved 2021-09-25.
  19. ^ "Hot Vendors in Modern Content Management, 2017". Aragon Research. Retrieved 2017-09-19.
  20. ^ "Hot Vendors in Modern Content Management, 2017" (PDF). Nuxeo. Retrieved 2017-09-19.

External links[]

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