PandaDoc

PandaDoc

pandadoc.com·United States·Updated Oct 23, 2023

PandaDoc is a document automation and e-signature SaaS platform for sales teams to create, send, and track proposals, quotes, and contracts.

SaaSProductivityMarketing

Est. Valuation

$500M

$499,999,980 · 5× ARR estimate

Monthly Revenue (MRR)

$8.3M

$8,333,333/mo

Annual Revenue (ARR)

$100M

$99,999,996/yr

Founded

2011

PandaDoc Revenue History

Revenue history for PandaDoc from 2017 to 2026.

YearMRRARRYoY GrowthSource
2017$700,000$8,400,000Aug 2017
2018$1,000,000$0-100%Oct 2018
2019$1,583,333$19,000,000+∞%Oct 2019
2023$8,333,333$100,000,000+426%Oct 2023

How PandaDoc Makes Money

subscriptions

PandaDoc Funding

PandaDoc is fully bootstrapped with no outside funding. The company has grown to $99,999,996 ARR organically.

PandaDoc Founders

Sergey Barysiuk

CTO & Co-founder

Mikita Mikado

Co-founder

PandaDoc FAQ

How much does PandaDoc make?
PandaDoc generates $8,333,333 in monthly recurring revenue (MRR), which is $99,999,996 annualized (ARR). This revenue figure is self-reported by the founder.
What is PandaDoc's valuation?
PandaDoc's estimated valuation is $499,999,980, calculated as a 5× multiple of its annual recurring revenue (a standard SaaS benchmark for unverified companies).
Who founded PandaDoc?
PandaDoc was founded in 2011 by Sergey Barysiuk (CTO & Co-founder), Mikita Mikado (Co-founder). The company is based in US.
Is PandaDoc bootstrapped?
Yes, PandaDoc is fully bootstrapped with no outside funding. The company has grown to $99,999,996 ARR organically.
What does PandaDoc do?
PandaDoc is a document automation and e-signature SaaS platform for sales teams to create, send, and track proposals, quotes, and contracts. PandaDoc operates in the SaaS, Productivity, Marketing space.

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How We Estimate PandaDoc's Revenue & Valuation

Profitable tracks revenue, valuation, and other key metrics for thousands of companies using a layered confidence model. Each revenue figure on this page is tagged with one of three confidence levels:

  • Verified — directly confirmed via Stripe integration or audited filings.
  • Self-reported — numbers publicly shared by the founder on X, blog posts, or interviews.
  • Estimated — derived from publicly available signals (traffic, employee count, pricing, comparables).

Valuation follows a hierarchy: public companies use the live market cap; private companies with disclosed funding rounds use the last reported valuation; otherwise we apply a conservative 5× ARR multiple as an estimate. Multiples vary by business model — SaaS typically sits 5–7×, profitable bootstrapped operations 3–5×, consumer brands 1–3×, marketplaces 8–12×.

These are estimates, not official figures. Official numbers — when available — will always override estimates.