FinDox Inc.

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FinDox Inc. - overview

Established

2016

Location

El Segundo, CA, US

Primary Industry

Software

About

FinDox Inc. is a digital solutions provider focused on enhancing financial document management and compliance, offering a platform that streamlines the handling of sensitive documents across various industries. Founded in 2016 and headquartered in El Segundo, US, FinDox specializes in financial document management solutions. The company has executed 5 deals and received a total funding of USD 6.


80 mn, with the most recent funding round being a SERIES A in November 2022 led by Aquiline Technology Growth. The company was founded by Tejs Broberg, and is currently led by CEO Natalia Megeden. FinDox specializes in digital solutions aimed at enhancing financial document management and compliance for businesses. The company's core product offering includes a comprehensive platform that streamlines the process of managing, sharing, and storing sensitive financial documents.


This platform serves a diverse range of industries, including finance, accounting, and legal sectors, ensuring users can easily access critical information while maintaining compliance with regulatory requirements. It incorporates advanced security features to protect client data, essential for financial analysts, corporate accountants, and compliance officers. FinDox’s solutions are marketed primarily in North America and Europe, targeting both small and medium-sized enterprises as well as large corporations seeking efficient document management solutions. FinDox generates revenue through a subscription-based model, allowing clients to access its platform on a recurring basis.


Clients can choose from various pricing tiers suited to their organizational needs, scaling features according to the size and complexity of their operations. The company engages in B2B transactions, partnering with organizations that require robust financial documentation tools. Clients typically subscribe to the platform for a specified duration, utilizing the services for document management and compliance tasks. FinDox’s flagship offering is pivotal in the financial technology landscape, promoting efficiency and security in financial operations.


In November 2022, Reorg Research, Inc. agreed to acquire FinDox Inc. from Aquiline Technology Growth, with the acquisition terms undisclosed. This acquisition aims to broaden the range of data, analysis, and workflow tools offered by Reorg, accelerate development speed, and extend FinDox’s capabilities to a larger international clientele.


Primary Industry

Software

Sub Industries

e-Financial, Accounting/Finance Software, Systems Management Software

Website

www.findox.com

Verticals

Cloud Computing, FinTech, RegTech

Company Stage

Add-on

Total Amount Raised

Subscriber access only

FinDox 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-on, Trade SaleAnnouncedFinDox Inc.-

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