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COMPANY PROFILE

Shinydocs

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Develops enterprise-class Information Management business solutions

Waterloo, CanadaFounded 2013Other B2B Software
Valuation $0–100M Latest valuation · 2023
Revenue $10–50M Latest reported FY
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Shinydocs and the history behind them.

About Shinydocs

Shinydocs is a data intelligence and information management software company headquartered in Kitchener, Canada. It was founded in 2013 by Jason W.D. Cassidy and Khalid Merhi. The founding was driven by Cassidy's two decades of experience in digital enterprise technology, including a significant tenure at OpenText and his own information management consulting firm. He identified a market gap where technology vendors focused more on storing information rather than making it accessible, leading to data being hidden within organizations. Shinydocs was created to shift this paradigm, focusing on making information easily discoverable and usable without replacing existing storage systems.

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The company's core business revolves around a software platform that automates the process of finding, identifying, and managing unstructured data across an organization's various repositories. It operates in the enterprise content management (ECM) and data governance market, serving clients in sectors such as government, legal, financial services, healthcare, and energy. The business model appears to be subscription-based, with different pricing editions like Shinydocs Pro and Shinydocs Enterprise, which offer customized solutions. The platform connects to all of a company's data sources without requiring migration, allowing it to crawl through structured and unstructured content to discover, classify, and index files.

The Shinydocs platform offers a suite of features designed to enhance productivity and ensure compliance. Its AI-powered search allows users to find files instantly and gain insights through natural language queries and document summarization. Key capabilities include the detection and elimination of redundant, obsolete, and trivial (ROT) data, which can reduce storage costs significantly. The system automates the detection of Personally Identifiable Information (PII) to help organizations comply with privacy regulations. It also provides smart tagging, metadata enrichment, and automated retention scheduling to streamline information governance. A primary benefit is providing a unified, user-friendly search experience across all data repositories from a single interface, which increases efficiency and reduces time wasted on inefficient searches. Shinydocs has received notable recognition, including being named OpenText's Technology Partner of the Year three times and a certified Great Place to Work.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2013
Headquarters
Waterloo, Canada
Employees
17
Open positions
None listed
Dealroom signal
65.3/100
Industry
Enterprise Software
Sector
Other B2B Software, Compliance
Technology
Big Data
Business model
SaaS
Client focus
b2b

Latest news

Press, funding announcements and product moves mentioning Shinydocs.

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Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
LATE VCEquity / VC Mar 2023 $12M $48M First Ascent Ventures · Export Development Canada
GRANTOther financing Oct 2022 $2.9M FedDev Ontario
Showing the latest 2 of 2 recorded eventsBook a demo for the full funding history →

Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
2024
2023
2022
2021
2020
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Growth signals

Shinydocs website traffic

Latest recorded traffic for Shinydocs is 5.9K monthly website visits, up 508.2% over the last three months. Shinydocs's team declined 5.6% over the past year.

Latest monthly visits5.9K 3-month web change+508.2% 1-year team growth-5.6%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investors

4 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

  • FedDev Ontario

Series B and later2 investors entered at this stage

  • First Ascent Ventures
  • Export Development Canada

Other known investors1 additional known investor

  • Graphite Ventures
Team profiled 6 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇨🇦 Canada100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Shinydocs on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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