ShareFile
ShareFile is a SaaS-native, AI-powered document collaboration platform offering secure file sharing, client portals, integrated e-signature, workflow automation, and virtual data rooms for client-serving professional teams in accounting, legal, finance, insurance, healthcare, and adjacent verticals; acquired by Progress Software Corporation in October 2024 for $875 million and contributing $261.6 million in fiscal 2025 revenue.
- Company typePrivate
- Founded2005
- HeadquartersRaleigh, United States
- Headcount5,001–10,000
- GTM typeB2B
- OfferingSoftware
What ShareFile does
ShareFile is a SaaS-native, AI-powered document collaboration and secure file sharing platform founded in 2005 and headquartered in Raleigh, North Carolina. The platform unifies file management, branded client portals, integrated electronic signature, file sync-and-share, workflow automation, and security and compliance features within a single workspace, and offers a specialized Virtual Data Room tier for confidential transactions such as M&A due diligence. ShareFile serves client-serving professional teams across accounting, legal, finance, insurance, and healthcare as primary verticals, with adjacent coverage in real estate, manufacturing, human resources, and construction, addressing pain points such as peak-season document overload, manual client intake, fragmented records, and HIPAA/GDPR compliance requirements.
The underlying technology stack is cloud-delivered SaaS with a public REST API exposed via api.sharefile.com, deep native integrations into Microsoft 365, Google Workspace, QuickBooks, Salesforce, and Zapier (which extends reach to 4,000+ apps), and an AI layer that supports document summarization and automated workflow tasks. Security and compliance are core architectural pillars, with HIPAA-ready and GDPR-aligned controls supporting regulated industry use cases. ShareFile holds G2 Leader, G2 Top Rated, SourceForge Top Performer, Buyers Choice, and FrontRunners awards in 2024-2025, and reports 90,000+ subscribers, 7 million daily users, and customer outcomes including 3.5x faster document collection and 60%+ year-over-year reduction in accessibility defects.
ShareFile operates a recurring subscription revenue model with tiered annual plans (Premium, Industry Advantage, Virtual Data Room) priced on a quote basis for enterprise customers. Distribution combines self-serve website signup for SMB with inside sales for mid-market and direct enterprise field sales for larger organizations. In October 2024, Progress Software Corporation (NASDAQ: PRGS) acquired ShareFile from Cloud Software Group for $875 million, after which ShareFile operates as a wholly-owned subsidiary within Progress's Digital Experience portfolio and contributed $261.6 million in fiscal 2025 revenue. The platform reported 86,000+ customers acquired through the Progress transaction and a customer base spanning both SMBs (e.g., 1st Step Accounting, ADVOS Pro) and enterprise organizations (e.g., Strategic Treasurer, ISG, TrueCare).
ShareFile firmographics
Firmographics- Name
- ShareFile
- Legal name
- ShareFile
- Website
- https://ShareFile.com
- Company type
- Private
- Founded year
- 2005
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- ShareFile is a SaaS-native, AI-powered document collaboration platform offering secure file sharing, client portals, integrated e-signature, workflow automation, and virtual data rooms for client-serving professional teams in accounting, legal, finance, insurance, healthcare, and adjacent verticals; acquired by Progress Software Corporation in October 2024 for $875 million and contributing $261.6 million in fiscal 2025 revenue.
- Ownership category
- akta.pro rank
ShareFile industry classification
Industry- Product category
- Document Collaboration Software
- NAICS
- Software Publishers (513210), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518)
- SIC
- Services-Computer Programming, Data Processing, Etc. (7370)
- akta.pro primary industry
- File Storage, Sync & Sharing (BPAMAMAE)
- akta.pro secondary industry
- Secure File Transfer & Managed File Transfer (MFT) (HDADAFAK)
Keywords
Where ShareFile is headquartered
LocationHeadquarters
- HQ city
- Raleigh
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
ShareFile business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Infrastructure, Operations
Revenue model
- Subscription SaaS: SaaS subscription model with tiered plans (Premium, Industry Advantage, Virtual Data Room). Contributed $261.6 million in revenue to Progress Software following October 2024 acquisition, adding over $240 million in annual revenue.
- Enterprise Licensing: Enterprise-tier subscription plans with custom pricing for larger organizations requiring advanced features, compliance, and dedicated support
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Premium Plan - Core file sharing and collaboration features |
| Subscription | Annual | Industry Advantage - Tailored for specific industries with compliance features |
| Subscription | Annual | Virtual Data Room - For complex deal management |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels10 records
ShareFile product offering
Product offeringCore offering
ShareFile provides a cloud-based secure document sharing and workflow automation platform for businesses. The offering combines file sync and share, branded client portals, integrated electronic signature, virtual data rooms, and configurable workflow automation, with industry-tailored editions for accounting, legal, finance, insurance, healthcare, construction, real estate, manufacturing, and human resources.
Product overview
ShareFile is a unified SaaS-native, AI-powered document collaboration platform that provides secure document workflow and file sharing software. The core platform integrates multiple modules including File Management, Client Portal, Integrated E-signature, File Sync and Share, Workflow Automation, and Security and Compliance. Additional specialized offerings include Virtual Data Room for confidential deals, Digital Document Requests for structured data collection, Dedicated Collaboration Spaces for project management, Rapid Client Onboarding for faster service delivery, and a Template Library. The platform serves industries including Accounting, Legal, Finance, Insurance, Healthcare, Construction, Real Estate, Manufacturing, and Human Resources, enabling client-serving teams to share files, collect signatures, request data, and manage to-dos in one secure workspace.
Differentiator
Problem solved
Functional benefit
Brands
- ShareFile Virtual Data Room: A virtual data room solution for managing complex, confidential deals
Products and services
- ShareFile File Sync and Share
- ShareFile Client Portal
- ShareFile Integrated E-signature
- ShareFile Workflow Automation
- ShareFile Security and Compliance
- ShareFile Virtual Data Room
Quantifiable outcome
- 3.5x faster document collection on average
- +5 more outcomes
Companies that use ShareFile
Customer profileNamed customers6 records
Segments13 records
Ideal customer profiles4 records
ShareFile technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration5 records
AI capability3 records
Feature7 records
ShareFile partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core.
- Microsoft 365coreIntegration with Microsoft 365 apps including Outlook and OneDrive for seamless document collaboration within existing Microsoft environments.
- Google WorkspacecoreIntegration with Google Drive and Gmail for simple, secure link sharing within the Google ecosystem.
- QuickBookscoreIntegration with QuickBooks to simplify agreement signing and enhance client experience for accounting customers.
- SalesforcecoreIntegrated lead management to automate onboarding workflows with Salesforce CRM.
- ZapiercoreZapier integration connects ShareFile with over 4,000 applications for extended automation and workflow possibilities.
- ApplausecoreShareFile works with Applause's testing community to decrease accessibility defects. Customer testimonial indicates 60%+ decrease in accessibility defects year over year after engaging users with disabilities in testing.
Scale indicators11 records
Recent moves6 records
Expansion highlights5 records
ShareFile competitors and assessment
Company assessmentDirect peers
- Dropbox: Dropbox provides cloud-based file sync, sharing, and collaboration tools for individuals and businesses, with Dropbox Business and Dropbox Sign addressing the same secure document sharing and e-signature use cases as ShareFile.
- Box: Box is a leading cloud content management and file sharing platform for businesses, offering secure document collaboration, e-signature, and workflow automation — overlapping directly with ShareFile's core secure file sharing and client portal capabilities.
- Egnyte: Egnyte offers secure file sharing, collaboration, and governance for mid-market and enterprise customers, with deep vertical focus on construction, life sciences, and financial services — closely aligned with ShareFile's regulated-vertical strategy.
- NetDocuments: NetDocuments is a cloud-based document management platform purpose-built for legal, accounting, and other professional services — directly overlapping with ShareFile's Legal, Accounting, and Finance industry solutions.
- DocSend: DocSend (a Dropbox company) provides secure document sharing with analytics and virtual data room capabilities for sales and fundraising, competing directly with ShareFile's Virtual Data Room and secure client sharing offerings.
- iManage: iManage provides document and email management for legal and professional services firms, competing head-to-head with ShareFile in legal and accounting verticals on secure matter-centric document workflows.
Broad incumbents
- Microsoft (OneDrive & SharePoint): Microsoft bundles OneDrive, SharePoint, and now Copilot into Microsoft 365, providing secure file sharing, collaboration, and AI summarization inside the productivity suite where many ShareFile customers already work — a broad incumbent with overlapping capabilities.
- Adobe Document Cloud: Adobe Document Cloud (Acrobat, Adobe Sign) covers PDF management, e-signature, and document workflows at enterprise scale, overlapping with ShareFile's integrated e-signature and compliance-ready document capabilities.
- DocuSign: DocuSign is the dominant e-signature and agreement cloud platform with expanding document workflow and contract management capabilities, competing with ShareFile's Integrated E-signature and broader client collaboration workflows.
- Google Drive (Google Workspace): Google Drive and Google Workspace deliver cloud file storage, sharing, and now Gemini-powered document summarization as part of a broad productivity suite — directly competing with ShareFile on file sharing while undercutting it on bundle value.
Market position
Strengths5 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
ShareFile social profiles
Digital presenceShareFile compliance and trust
Trust signalCompliance2 records
ShareFile financial estimates
Financial estimateRevenue estimate
Valuation estimate
ShareFile leadership team
Management profileNumber of profiles
Profiles3 records
ShareFile funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
ShareFile M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about ShareFile
What does ShareFile do?
ShareFile provides a cloud-based secure document sharing and workflow automation platform for businesses. The offering combines file sync and share, branded client portals, integrated electronic signature, virtual data rooms, and configurable workflow automation, with industry-tailored editions for accounting, legal, finance, insurance, healthcare, construction, real estate, manufacturing, and human resources.
Is ShareFile a public or private company?
ShareFile is a private company. It is classified as corporate owned and is currently operating.
When was ShareFile founded?
ShareFile was founded in 2005. It employs 5,001 to 10,000 people.
Where is ShareFile based?
ShareFile is headquartered in Raleigh, United States, in the North America region.
How does ShareFile make money?
Two revenue lines are on record. Subscription SaaS are the primary driver. The others are enterprise Licensing.
Who are ShareFile's main competitors?
Direct peers on record are Dropbox, Box, Egnyte, NetDocuments, DocSend and iManage. Broad incumbents are Microsoft (OneDrive & SharePoint), Adobe Document Cloud, DocuSign and Google Drive (Google Workspace).
Does ShareFile have an API?
Yes. ShareFile offers a public API that allows developers to integrate and expand the platform's capabilities. The developer portal is available at https://api.sharefile.com. Developer documentation is at api.sharefile.com.
What industry is ShareFile in?
ShareFile's product category is Document Collaboration Software. Its primary akta.pro industry code is BPAMAMAE, File Storage, Sync & Sharing, with a secondary code of HDADAFAK, Secure File Transfer & Managed File Transfer (MFT). Its NAICS code is 513210 and its SIC code is 7370.