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COMPANY PROFILE

Workshare

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Provider of secure enterprise file sharing and collaboration applications

London, United KingdomFounded 1999Cybersecurity
Valuation $100–250M Last recorded · 2007
Revenue <$1M 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 Workshare and the history behind them.

About Workshare

Workshare was established in 1999 by UK technology entrepreneur Barrie Hadfield, initially providing client-server software for document comparison. The company carved out a niche by focusing on legal and professional services firms, offering them tools to meticulously track changes in high-stakes documents and contracts. A significant milestone occurred in 2012 when Workshare merged with Skydox, another venture from Hadfield centered on cloud-based document collaboration, a deal supported by a £20 million investment from Scottish Equity Partners and Business Growth Fund. That same year, Workshare expanded its capabilities by acquiring IdeaPlane, an enterprise social network. The company's journey as an independent entity concluded in July 2019 when it was acquired by its competitor, Litera Microsystems, a move aimed at creating a more comprehensive, end-to-end document drafting solution for the legal industry.

Barrie Hadfield, a self-described tech geek, has spent his entire career building technology companies and their products. His entrepreneurial drive is rooted in a core value of autonomy, having exclusively worked in companies he founded. This background in creating technology solutions from the ground up directly informed Workshare's development, focusing on practical applications for professional environments that require robust document control. Following the acquisition by Litera, Hadfield joined the new company to help guide the evolution of the combined comparison technologies, ensuring his foundational vision continued to influence the product's direction.

Workshare operates as a software-as-a-service (SaaS) provider, targeting professionals in the legal, professional services, and healthcare sectors who handle sensitive documents. Its business model is centered on selling subscriptions for its suite of products that facilitate secure file sharing and collaboration. The company's core offerings include Workshare Compare for document comparison, Workshare Secure for metadata cleaning, and Workshare Transact for managing deals. These tools empower content owners to track and compare amendments from multiple contributors simultaneously while maintaining control over the collaborative process. With a global footprint, including offices in the UK, US, and Australia, Workshare's solutions were used by over two million professionals across 70 countries on desktop and mobile devices prior to its acquisition.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
1999
Headquarters
London, United Kingdom
Employees
53
Open positions
None listed
Dealroom signal
70.5/100
Industry
Legal, Security
Sub-industry
Data protection
Sector
Document Management, File Sharing, Cloud Computing, Cybersecurity, Horizon Europe, uk is8 digital and technologies, uk is8 professional business services
Business model
SaaS
Client focus
b2b
Investment activity
1 company, latest Nov 2012
Capital deployed
—
Preferred round
ACQUISITION

Funding history

7 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITION✓Exit Jul 2019 $0 — Litera ↗
GRANT✓Other financing Jan 2015 $451K — Undisclosed —
Showing the latest 2 of 7 recorded eventsBook a demo for the full funding history →

Financials

Revenue, earnings and profit over time

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

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Growth signals

Workshare website traffic

Latest recorded traffic for Workshare is 50 monthly website visits, down 91.4% over the last three months. Workshare's team declined 13.1% over the past year.

Latest monthly visits50 3-month web change-91.4% 1-year team growth-13.1%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

11 investors on the cap table

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

Series A5 investors entered at this stage

  • Questor Capital
  • Quester
  • Steelpoint Capital Partners
  • SPARK Ventures
  • Intel Capital

Series B and later2 investors entered at this stage

  • Business Growth Fund
  • Scottish Equity Partners

Other known investors4 additional known investors

  • Litera
  • SkyDox
  • AlbionVC
  • Anthony Foy
Team profiled 64 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 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
4 countries with
team presence
🇺🇸 United States35.7%
🇫🇷 France28.6%
🇬🇧 United Kingdom28.6%
🇩🇿 Algeria7.1%
4 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Workshare 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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