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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
client focusb2bsub industryData protectionsectorDocument Managementbusiness modelSaaSindustryLegalindustrySecuritysectorFile SharingsectorCloud ComputingsectorCybersecuritysectorHorizon Europesectoruk is8 digital and technologiessectoruk is8 professional business services

Valuation & funding

Workshare funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITIONExit Jul 2019 $0 Litera
GRANTOther financing Jan 2015 $451K Undisclosed
DEBTDebt May 2014 $8.4M Undisclosed
DEBTDebt Sep 2012 $26M Business Growth Fund · Scottish Equity Partners
MERGEROther financing Sep 2012 $0 SkyDox
SERIES BEquity / VC Jan 2007 Questor Capital · SPARK Ventures · Intel Capital · Steelpoint Capital Partners
SERIES AEquity / VC Oct 2002 Questor Capital · Quester
Showing 7 recorded eventsUnlock the complete deal history →

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.

YearRevenueGrowthEBITDAMarginProfitMargin
2026 $8K 0% −$1K -16.7% −$1K -16.7%
2025 $8K 0% −$1K -16.7% −$1K -16.7%
2024 $8K 0% −$1K -16.7% −$1K -16.7%
2023 $8K 0% −$1K -16.7%
2022 $8K -87.2% −$1K -16.7%
2021 $62K 0% $0 0%
2020 $62K $115K 185.1%
Company filings, research estimates and Dealroom dataOpen the full financial model →

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%
Monthly website visits117 observations · Oct 2014–Jul 2024
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Comparisons

Workshare compared with similar companies

Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.

Showing 8 of the closest matchesCompare every metric →

Capital deployed

Workshare investments and acquisitions

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

Talent graph

Workshare's talent

Book a demo to see the people
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.

Investors

11 investors on Workshare's cap table

Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.

Series A 5 investors entered at this stage
Questor Capital
Quester
Steelpoint Capital Partners
SPARK Ventures
Intel Capital
Series B+ 2 investors entered at this stage
Business Growth Fund
Scottish Equity Partners
Other known 4 additional known investors
Litera
SkyDox
AlbionVC
Anthony Foy

Global footprint

Where Workshare has talent and traffic

Workforce by country
4 countries with
team presence
🇺🇸 United States35.7%
🇫🇷 France28.6%
🇬🇧 United Kingdom28.6%
🇩🇿 Algeria7.1%
4 countries shown

In the news

Latest news about Workshare

Recent press, funding announcements, and product moves mentioning Workshare — open to read from the original sources.

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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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