We founded DocSend in 2013 with a goal of improving the way we share content. After many years of sending emails and decks into a black hole, the three of us came together because we believed that there had to be a better way to send business critical documents, understand how external parties were engaging with them, and ultimately give business leaders more control over their content.
So we developed a secure document sharing product, and layered it with rich data and analytics that give users instant and actionable feedback. Over time, we continued on that mission and built a team that helps more than 17,000 companies around the world with fundraising, business development and sales, M&A deals, investor relations, and more.
Today, we’re sharing the news that we’ve entered into an agreement to be acquired by Dropbox for $165 million.Building and growing DocSend has been an incredible journey — and we believe this will help us take our mission even further with the potential to reach millions of Dropbox users to start.
Why Dropbox?
Our familiarity with Dropbox goes back more than a decade ago when Russ first interned for the collaboration powerhouse and was inspired by CEO Drew Houston’s vision and the culture he built. Drew took a personal frustration, which was as simple as forgetting his thumb drive, and turned it into a thriving, profitable business. The experience there helped us build DocSend into what it is today.
In 2019, our paths crossed again when we became one of their extension partners. We saw that our shared philosophies hadn’t changed — we were both still rooted in self-serve growth and believed in designing easy-to-use products.
We’ve been focused on empowering business leaders to drive results for their companies. This is even more important now as the world shifts to remote work, making collaboration with external teams feel more siloed than ever. By joining forces with Dropbox and HelloSign (a Dropbox company), our opportunity grows exponentially. This powerful combination will help our users manage their entire document workflow, from kick-off to contract execution to signature.
What does this mean for you?
For now, DocSend will remain the same for customers and you won’t see any day-to-day changes in how you use our product. We’ll be integrating more deeply with Dropbox down the line and will be sure to share our progress.
Over time, we’ll work hard to bring our products to more people and build features we hope you’ll continue to find value in. Our vision remains the same—we’re working to consolidate common workflows for sending documents externally into one intuitive solution. With Dropbox we’ll be able to do that at greater scale, faster.
Thank you for all of your support over the years. We wouldn’t be here without you and look forward to continuing to build even more great products together.
– Russ, Tony, Dave, and the entire DocSend team
