HaystackID LLC

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HaystackID LLC - overview

Established

2011

Location

Washington, DC, US

Primary Industry

Business Support Services

About

HaystackID LLC provides specialized computer forensics and eDiscovery services, focusing on the needs of corporations and law firms to navigate complex legal and compliance challenges. Founded in 2011 and headquartered in Washington, US, HaystackID LLC offers eDiscovery and cybersecurity solutions tailored for legal and corporate sectors. The firm has participated in 3 deals with its most recent deal occurring on February 3, 2020. Hal Brooks leads the company as CEO, focusing on innovation and client solutions.


HaystackID® specializes in computer forensics and eDiscovery services, including Global Advisory services, Cybersecurity solutions, and eDiscovery management via the HaystackID CoreFlex platform. Their offerings also incorporate advanced AI-enabled workflows through Core Intelligence AI™, aimed at assisting organizations with data-intensive investigations and compliance needs. The company caters to over 500 clients, including corporations, law firms, and government entities across North America and Europe, facilitating legal document reviews and incident responses. The company generates revenue through subscription-based models for services like Global Managed Review powered by ReviewRight® and eDiscovery solutions via the CoreFlex platform.


Clients benefit from customized services, including digital forensics and legal document review, with pricing reflecting the complexity of engagements. This tailored approach ensures effective management of legal expenditures for their clientele. Following the recapitalization by Quad-C in February 2020, HaystackID LLC aims to leverage new funding to enhance its product offerings and expand into new geographic markets. The company is focused on launching new services that will further integrate advanced technologies into their existing platforms.


Specific regions targeted for expansion have not been disclosed, but the firm is strategically positioning itself to enhance its footprint in the cybersecurity and eDiscovery sectors.


Current Investors

Maranon Capital, Prolign Capital, Knox Capital

Primary Industry

Business Support Services

Sub Industries

Corporate Law, Consulting Services, Analytics & Performance Software, Legal Software

Website

www.haystackid.com

Company Stage

Recapitalisation

Total Amount Raised

Subscriber access only

HaystackID LLC - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedBusiness Intelligence Associates, Inc.-
RecapitalisationCompletedHaystackID LLC-
Add-on, Trade SaleCompletedeTERA Consulting, LLC-
Add-onCompletedEnvision Discovery, LLC-
Add-onCompletedInspired Review, LLC-

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HaystackID LLC - employee data

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