Final Draft, Inc

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Final Draft, Inc - overview

Location

Calabasas, CA, US

Primary Industry

Software

About

Final Draft, Inc. develops innovative software solutions for screenwriting, serving professional scriptwriters and production companies with advanced tools for crafting scripts efficiently. Final Draft, Inc. specializes in screenwriting software, with its headquarters located in Calabasas, US.


Founded by Gilbert Johnson, the company was acquired by Cast & Crew, a portfolio company of Silver Lake, in January 2016. There has been no significant pivot in business strategy since its inception, and the company has maintained a consistent focus on enhancing its flagship product. Final Draft primarily offers its leading product, Final Draft, designed for professional scriptwriters, studios, and production companies. The latest version, Final Draft 13, includes features like the Beat Board, Outline Editor, and automatic formatting.


The software is tailored for various media formats, including film, television, theater, and graphic novels, and is utilized globally across North America, Europe, and Asia. It supports real-time collaboration and customizable workspaces to improve productivity for users. Final Draft employs a direct-to-consumer revenue model through software license sales and subscription plans. The software can be purchased via one-time transactions or through educational pricing plans aimed at students and teachers.


Revenue is enhanced by regular updates, which encourage users to transition to newer versions. The primary revenue stream comes from direct sales and partnerships with educational institutions and professional organizations in the entertainment industry. Final Draft plans to leverage recent funding acquired through its acquisition in January 2016 to enhance its product offerings. The company is focused on developing new features and updates for its software, with anticipated launches aimed at improving user experience and collaboration in scriptwriting.


Additionally, Final Draft is exploring expansion into new markets in Asia by 2025, aiming to capture a broader audience in the global entertainment sector.


Current Investors

Cast & Crew LLC

Primary Industry

Software

Sub Industries

Content Management Software, Application Integration Software, Digital Media

Website

www.finaldraft.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Final Draft, Inc - 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-onCompletedFinal Draft, Inc-

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