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How HotDocs CEO Russell Shepherd grew HotDocs to $397.1K revenue and 9K customers in 2021.

Developer of document automation software designed to offer flexible options to enable organizations of any size to deploy the best product fit for their document assembly requirements. The company's software is widely used in the legal, banking, insurance, government, public and corporate sectors, for increasing accuracy, reducing cost, mitigating risk and improving efficiency in the generation of complex documentation. It also allows its users to quickly and efficiently generate customized documents such as contracts, sales agreements, government forms, and loan documentation.The company's software automates document assembly for increasing accuracy, reducing cost, mitigating risk and improving efficiency in the generation of complex documentation enabling users in legal, banking, insurance, government, public and corporate sectors to get quickly and efficiently generate customized documents such as contracts, sales agreements, government forms and loan documentation and transform in

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HotDocs Revenue

In 2021, HotDocs's revenue reached $397.1K. Since its launch in 1996, HotDocs has shown consistent revenue growth.

HotDocs Revenue GrowthReported revenue / ARR by year$0$100K$200K$300K$400K$500K19961998200020022004200620082010201220142016201820202021$0$397KSource: GetLatka.com
YearMilestone
2021HotDocs Hit $397.1k revenue in April 2021
1996Launched with $0 revenue

HotDocs Valuation, Funding Rounds

HotDocs's most recent disclosed valuation is $1.2M.

HotDocs is a bootstrapped Other Collaboration Software startup. Founded in 1996, HotDocs has grown to $397.1K in revenue without raising any venture capital or outside funding.

As a self-funded Other Collaboration Software SaaS company, HotDocs has built its business with no outside investment.

HotDocs Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$119961996 cumulative: $0 • 1996 Founded: $01996 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

HotDocs Employees & Team Size

HotDocs employs approximately 5 people as of 2026.

HotDocs has 5 total employees in different roles and functions and 14 sales reps that carry a quota. They have 9K customers that rely on the company's solutions.

HotDocs Team GrowthReported headcount over time013456199619982000200220042006200820102012201420162018202020210055Source: GetLatka.com
YearMilestone
2021Reached 5 employees (April 2021)

Founder / CEO

Russell Shepherd

Russell Shepherd is listed as Founder / CEO at HotDocs.

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Frequently Asked Questions about HotDocs

What is HotDocs's revenue?

HotDocs generates $397.1K in revenue.

Who founded HotDocs?

HotDocs was founded by Russell Shepherd.

Who is the CEO of HotDocs?

The CEO of HotDocs is Russell Shepherd.

How much funding does HotDocs have?

HotDocs raised $0.

How many employees does HotDocs have?

HotDocs has 5 employees.

Where is HotDocs headquarters?

HotDocs is headquartered in Vancouver, British Columbia, Canada.

Compare HotDocs to the industry

HotDocs operates across multiple industries. Browse revenue, funding, and growth data for HotDocs in each sector below.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

HotDocs Revenue 2021: $397.1K ARR, $1.2M Valuation