Xpertdoc Technologies Inc.

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Xpertdoc Technologies Inc. - overview

Established

2000

Location

Terrebonne, QC, Canada

Primary Industry

Software

About

Xpertdoc Technologies Inc. provides innovative automation solutions, focusing on document automation and customer communication optimization for various industries, enhancing efficiency and customer engagement through its specialized tools. Founded in 2000 and headquartered in Terrebonne, Canada, Xpertdoc Technologies Inc. specializes in document automation solutions.


In December 2020, the company was acquired by Experlogix, LLC from BDC Capital and Desjardins Capital, with financial terms undisclosed. The founder's history is not publicly available. The company has secured funding through 2 deals, with the latest being a Seed round of CAD 2. 3 mn led by BDC Capital, raising a total of CAD 2.


3 mn. Xpertdoc Technologies Inc. specializes in offering advanced automation solutions, including Configure, Price, Quote (CPQ) software and Document Automation tools. These products enhance operational efficiency for businesses in sectors such as manufacturing, healthcare, and financial services, allowing users to configure products easily, generate accurate pricing, and streamline document management processes, while ensuring compliance and security.


The company serves a diverse global client base, including small enterprises and large corporations, with substantial market presence in North America, Europe, and parts of Asia. Xpertdoc Technologies Inc. primarily generates revenue through subscription-based models for its CPQ and Document Automation solutions. Clients engage in annual contracts for software access, with pricing tailored to organization size and features utilized.


This B2B structure integrates Xpertdoc's tools within existing operations, supported by partnerships with major CRM and ERP systems such as Dynamics 365 and Salesforce, enhancing the overall value proposition for clients. Looking ahead, Xpertdoc Technologies Inc. aims to expand its product offerings, including new features for its document automation solutions, with plans for release in 2023. The company is targeting expansion into additional markets in Europe and Asia by the end of 2024.


The recent Seed funding round of CAD 2. 3 mn will be utilized to support these product innovations and market entry strategies.


Primary Industry

Software

Sub Industries

Analytics & Performance Software, Application Integration Software, Content Management Software, Customer Relationship Management

Website

www.xpertdoc.com

Verticals

Cloud Computing, Mobile Apps

Company Stage

Acquired

Total Amount Raised

Subscriber access only

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