airSlate to acquire DocHub to expand document workflow
airSlate, a provider of document workflow and automation solutions, is acquiring online PDF editor and document signing platform, DocHub, further accelerating DocHub’s product development and time to market while complementing airSlate’s document workflow automation platform.
This deal follows a major milestone for airSlate in which the company achieved a $1.25 billion valuation with a recent $51.5 million funding round by G Squared and UiPath announced in June 2022.
This acquisition is part of airSlate’s growth goals and vision to empower digital transformation for as many people as possible by expanding the platform’s offerings deeper into the Google Workspace Marketplace.
“The best people to grow a company or a product are the teams that are the most passionate about the problems they are solving,” said Borya Shakhnovich, CEO and co-founder, airSlate. “We see this dedication in DocHub and their focus on the integration into the Google Workspace Marketplace. We are happy to welcome them into the airSlate organization and to bring new ideas and innovations to PDF, eSignature, and workflow solutions.”
airSlate has track record of successful acquisition deals, acquiring and integrating signNow and US Legal Forms into airSlate’s platform of document workflow and automation solutions.
DocHub's product-centric approach has resulted in high reviews in the Google Workspace Marketplace and substantial user growth. This momentum will only accelerate after extensive investment in product development with focus on integrations with other technology applications, including CRMs.
“airSlate’s extensive go-to-market expertise, and proven product adoption success show us they are the ideal partner to help us accelerate the growth of our customer base and product roadmap,” said Chris Devor, CEO and founder, DocHub. “We’re excited to join the airSlate family to discover many interesting use cases and new technologies that will complement our existing product portfolios, and satisfy our customers for the long-term.”
For more information about this news, visit www.airslate.com.