Oodrive Group S.A.S.
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Oodrive Group S.A.S. - overview
Established
2000
Location
Paris, -, France
Primary Industry
Software
About
Oodrive Group S. A. S. specializes in secure cloud-based solutions that enable collaboration, electronic signatures, and data management for organizations across various sectors.
Founded in 2000, Oodrive Group S. A. S. is headquartered in Paris, France.
The company provides secure solutions for collaboration, electronic signatures, and data management. In July 2021, Oodrive completed a deal with Tinexta S. p. A.
for the acquisition of CertEurope. The firm has raised a total of EUR 65. 00 mn through several funding rounds, with a notable round led by Tikehau Investment Management in July 2021. Oodrive has executed 7 deals to date, reinforcing its position in the market.
Oodrive offers a comprehensive suite of secure cloud-based solutions designed for collaboration, electronic signatures, and data management, primarily targeting private and public organizations. The core products include Oodrive Work, a secure online file sharing and collaboration platform; Oodrive Meet, a solution for digital board meetings and governance; Oodrive Sign, which facilitates compliant electronic signatures; and Oodrive Save, a secure data storage and recovery service. These solutions are engineered to ensure confidentiality, integrity, and compliance with stringent regulations such as NIS2, DORA, and eIDAS. Oodrive’s client base consists of over 3,500 organizations, translating to 2.
5 million professionals, across various sectors including aerospace, healthcare, finance, and government entities. The products are primarily marketed within Europe, where they cater to a diverse range of users needing secure and efficient collaboration tools. Oodrive generates revenue through a subscription-based model, allowing clients to access its suite of products and services tailored to their operational needs. The business transactions typically occur on an annual or monthly subscription basis, where organizations subscribe to individual services or the complete suite depending on their requirements.
Pricing structures vary by product and may include tiered plans based on the scale of use, with specific offerings being designed to cater to the unique needs of different sectors such as healthcare or financial services. Flagship products like Oodrive Sign and Oodrive Meet are positioned to serve critical functions in secure document management and virtual meetings, contributing significantly to the company's revenue stream through strategic partnerships and direct sales engagements. Oodrive is focused on expanding its product offerings and market reach. The company is developing new products that cater to evolving client needs and is set to explore new geographic markets, particularly in Europe.
The recent funding of EUR 65. 00 mn will be allocated to enhance product development and support market expansion initiatives. Additionally, following the acquisition of CertEurope by Tinexta S. p.
A. in July 2021, Oodrive aims to leverage synergies from this transaction to bolster its market position.
Current Investors
NextStage , Mi3 Venture Partners, Tikehau Capital
Primary Industry
Software
Sub Industries
Content Management Software
Website
www.oodrive.com
Verticals
Cloud Computing
Total Amount Raised
Subscriber access only
Oodrive Group S.A.S. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | CertEurope | - | ||||||||
| Trade Sale | Completed | Omnikles | - |
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