DocuSign

Electronic signatures and online documents

Launch date

2003

Employees

Ownership

Market cap

Net debt

($1.9b)

Firm valuation

$12.7b (Public information from Sep 2022)

San Francisco California (HQ)

Deals in current and previous year:

Revenues, earnings & profits over time

USD	2016	2017	2018	2019	2020	2021	2022E
Revenues	251m	382m	519m	701m	974m	1.5b	2.1b
% growth	-	52 %	36 %	35 %	39 %	49 %	44 %
EBITDA	-	-	(19m)	53m	97m	226m	470m
% EBITDA margin	-	-	(4 %)	8 %	10 %	16 %	23 %
Profit	-	(115m)	-	(426m)	(208m)	(243m)	(56m)
% profit margin	-	(30 %)	-	(61 %)	(21 %)	(17 %)	(3 %)
EV / revenue	-	-	-	11.2x	14.0x	30.1x	10.7x
EV / EBITDA	-	-	-	148.0x	140.8x	193.7x	47.4x
R&D budget	-	107m	206m	198m	-	-	-
R&D % of revenue	-	28 %	40 %	28 %	-	-	-

Source: Company fillings or news article

Date	Investors	Amount	Round
-	Samsung Venture Investment Omega Venture Partners Glynn Capital Management Insight Partners Open Field Capital Bond Microventures Deutsche Telekom Capital Partners Global Space Ventures	N/A	- Not yet verified
Jan 2003	N/A	N/A	Seed
Jun 2004	Ignition Partners	$4.6m	Series A
Jun 2005	Ignition Partners	$1.5m	Early VC
Apr 2006	Sigma Partners Ignition Partners	$10m	Series B
Sep 2007	Sigma Partners Ignition Partners	$12.4m	Series B
May 2009	Sigma Partners Ignition Partners	$5m	Series B
Nov 2009	Second Century Ventures	$3m	Series B
Jul 2010	N/A	$2m	Debt
Dec 2010	Scale Venture Partners Salesforce Ventures	$27m	Series C
Aug 2012	Accel Kleiner Perkins Sapphire Ventures GV Comcast Ventures	$55.7m	Series D
Mar 2014	Accel Kleiner Perkins Sapphire Ventures Scale Venture Partners GV Cross Creek Advisors Comcast Ventures Salesforce Ventures Ignition Partners Sands Capital Jackson Square Ventures	$85m Valuation: $1.5b	Series E
May 2014	N/A	N/A	Secondary
Oct 2014	Recruit Strategic Partners BBVA Ventures Mitsui & Co Telstra Greenspring Associates Visa	$30m Valuation: $1.6b	Series E
Dec 2014	Founders Circle Capital	N/A	Secondary
May 2015	Deutsche Telekom Intel Capital ICONIQ Capital Bain Capital Ventures Dell Microsoft Wellington Management Ron Suber Brookside Capital Founders Circle Capital Generation Investment Management Sands Capital Green Bay Ventures	$278m Valuation: $3.0b	Series F
Oct 2016	ESO Fund	N/A	Secondary Not yet verified
Apr 2018*	GV	$629m Valuation: $4.5b	IPO
Total Funding		$512m