A unicorn in exile: PandaDoc raises Series C round after moving staff from Belarus to Ukraine, Poland

By The Kyiv Post / September 27, 2021

Belarus-founded tech firm PandaDoc, which moved staff to Ukraine and Poland in 2020 during the protests against dictator Alexander Lukashenko, has become a ‘unicorn,’ bringing its total valuation to $1 billion, according to the company.

The company doesn’t disclose how much money it raised during the most recent investment round. Forbes estimates that PandaDoc’s investors, Canadian OMERS Growth Equity, the U.S. G Squared and smaller investment funds, put up to $100 million into the company.

PandaDoc has established its headquartered in San Francisco. It has teams in Portugal, Poland, the Philippines and Ukraine, with nearly 140 techies working from Kyiv, Odesa and Lviv.

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Topics: Finance, International, News, Venture/Private equity

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The Kyiv Post

Launched in 1995, Kyiv Post is Ukraine’s leading English-language newspaper, produced by a team of Western and Ukrainian journalists. Over the years, the weekly newspaper has led the charge for a free press in Ukraine, and has played roles in the Georgiy Gongadze scandal, the Orange Revolution and other significant Ukrainian events. The Kyiv Post’s IT coverage is sponsored by Looksery, Ciklum, Steltec Capital and SoftServe. The content is independent of the donors.

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