Bundledocs raises €600,000 in funding from Enterprise Ireland + private investors
Irish-headquartered SaaS document bundling software provider Bundledocs has secured €600,000 in funding from Enterprise Ireland and private investors. Headquartered in Cork and with a newly opened office in Sydney, the company says it plans to double its team in the next three months.
Bundledocs has over 700 clients across 34 countries including UK Top 100 law firms Burness Paull, Brodies and Clarke Willmott, plus leading Australian law firm Gilbert + Tobin, and corporates such as Cisco. COVID-19 has meant Bundledocs is benefiting from the shift away from paper-heavy practices to a digital workflow.
Commenting on the funding round, Bundledocs CEO Brian Kenneally, said: “Today’s announcement marks a real step change for us as a company. We started out with a small team and I am very proud of the tremendous amount we have achieved to date. The last two years has seen Bundledocs scale rapidly. Our client base has grown to include many of the world’s Top 200 law firms, as well as in-house Government departments in the UK, Australia, Ireland and the US.
“With this funding, we can now accelerate that growth, strategically building out our global team in our key markets. We recently opened an office in Sydney and with the help of Enterprise Ireland, we will be expanding our presence across Asia-Pacific.”
Kenneally added: “Due to Covid-19 restrictions, many sectors, including the legal sector, have had to adapt very quickly to a new way of working. Bundledocs is perfectly positioned to support traditionally paper-heavy sectors such as the legal profession as they increasingly rely on digital methods of communication. We are revolutionising the space by creating a cloud-first, completely paperless workflow, that not only reduces paper waste but decreases costs and creates significant efficiencies for our clients.”
Niall McEvoy, manager for high potential start-ups at Enterprise Ireland added: “Bundledocs is a fantastic example of an innovative Irish company who identified a growing challenge and trend for a sector and designed an effective solution. The calibre of their clients and their recent growth are a testament to both the quality of their product and its longevity as industries adapt to working remotely for the long-term.”