Shoobx, Inc.

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Shoobx, Inc. - overview

Established

2013

Location

Boston, MA, US

Primary Industry

Software

About

Shoobx, Inc. is a US-based provider of comprehensive equity management solutions, focusing on cap table management and administrative services tailored for private companies and startups. Shoobx, Inc. specializes in equity management solutions for private companies, with a headquarters in Boston, US.


Founded in 2013 by Jason Furtado and Stephan Richter, the company has undergone significant growth. On January 10, 2023, Fidelity Investments acquired Shoobx, Inc. from Scout Ventures for undisclosed financial terms, enhancing its equity plan capabilities. Shoobx, Inc.


delivers comprehensive equity management solutions, emphasizing cap table management and administrative services for private companies. Key offerings include an automated data room, 409A valuations, and streamlined financing capabilities, which help startups and private enterprises improve operational efficiency. The platform caters to a diverse clientele, including startup founders, investors, legal firms, and finance teams, primarily across North America and Europe. Shoobx, Inc.


generates revenue through subscription-based models for its equity management platform. Clients select tailored pricing plans to meet their specific needs, encompassing services like automated data rooms and 409A valuations, essential for compliance and investor readiness. The company's B2B model fosters direct relationships with private firms and their advisors, generating revenue as clients manage equity grants and stakeholder communications. Following the acquisition by Fidelity Investments on January 10, 2023, Shoobx, Inc.


is poised for expansion in equity management capabilities. The firm plans to enhance its product offerings and broaden its market presence. The recent acquisition is expected to strengthen Shoobx's service capabilities within the private market, aligning with Fidelity's commitment to supporting equity plans.


Current Investors

Fidelity Investments

Primary Industry

Software

Sub Industries

Business Support Services, Web Applications, Search Engines, Accounting/Finance Software

Website

www.shoobx.com

Verticals

Cloud Computing, Mobile Apps

Company Stage

Mature

Total Amount Raised

Subscriber access only

Shoobx, 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)
Secondary BuyoutCompletedShoobx, Inc.-

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