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Workshare
Provider of secure enterprise file sharing and collaboration applications
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 dataAt 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
Knowledge graph
More headlines
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 | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
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.
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A5 investors entered at this stage
Questor Capital- QUQuester
Steelpoint Capital PartnersSPARK 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- AFAnthony Foy
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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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