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Workshare
Cybersecurity · London, United Kingdom · Founded 1999
Provider of secure enterprise file sharing and collaboration applications MoreLess
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.
Keywords: document comparison, legal technology, secure file sharing, collaboration software, metadata cleaning, transaction management, SaaS, document protection, enterprise software, professional services
Company overview
Workshare company information
The essential company record, classifications and operating signals in one place.
- Status
- Acquired
- Founded
- 1999
- Headquarters
- London, United Kingdom
- Employees
- 53
- Open positions
- None listed
- Dealroom signal
- 70.5
- Investment activity
- 1 companies · latest Nov 2012
- Capital deployed
- —
- Preferred round
- ACQUISITION
Valuation & funding
Workshare funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITION✓Exit | Jul 2019 | $0 | — | Litera | ↗ |
| GRANT✓Other financing | Jan 2015 | $451K | — | Undisclosed | — |
| DEBT✓Debt | May 2014 | $8.4M | — | Undisclosed | — |
| DEBT✓Debt | Sep 2012 | $26M | — | Business Growth Fund · Scottish Equity Partners | — |
| MERGER✓Other financing | Sep 2012 | $0 | — | SkyDox | — |
| SERIES B✓Equity / VC | Jan 2007 | Questor Capital · SPARK Ventures · Intel Capital · Steelpoint Capital Partners | — | ||
| SERIES A✓Equity / VC | Oct 2002 | Questor Capital · Quester | — |
Financials
Revenue, earnings and profit over time
Reported history and available estimates. Estimated years are marked “E”; sparse fields are left blank rather than inferred.
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.
Comparisons
Workshare compared with similar companies
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Capital deployed
Workshare investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Talent graph
Workshare's talent
Source: Dealroom Talent Intelligence.
Global footprint
Where Workshare has talent and traffic
team presence
In the news
Latest news about Workshare
Recent press, funding announcements, and product moves mentioning Workshare — open to read from the original sources.
Market sentiment
What the market is saying about Workshare
An AI-synthesized read of the highest-engagement posts about Workshare on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
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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