Formstack, a software-as-a-service (SaaS) company with a mission to transform the way people collect information and put it to work, announces it has acquired WebMerge, a leading provider of automated contracts, applications, and proposal PDF and Word documents.
With the acquisition, Formstack is further enhancing its document automation product, Formstack Documents—which helps transform data into fully designed, customized PDFs, PowerPoint presentations, and more. WebMerge will also stay a stand-alone product, and existing integrations, partnerships and functionality will remain intact. Additionally, WebMerge will continue supporting customers who use other online form providers and third-party data sources, such as Salesforce, Zapier and Constant Contact. All WebMerge employees have joined the Formstack team.
“From the early days of WebMerge, we have worked closely to develop powerful integrations between our platforms that allow users to not only capture information but make it actionable,” said Chris Byers, CEO of Formstack. “This next step in our relationship will enable us to incorporate document creation and management as a core element of Formstack’s DNA.”
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Founded in 2011 by Jeremy Clarke, WebMerge services more than 3,000 customers in 80 countries. Since launch, WebMerge users have processed more than 50 million documents, saving millions of hours on manual document creation.
“Organizations across the world are spending significant portions of their annual budget to recruit and retain top talent, but they put those employees to work on manual, administrative tasks that don’t call on their unique abilities,” said Jeremy Clarke, Founder and CEO of WebMerge. “Together, Formstack and WebMerge will help save organizations hundreds or thousands of hours on paperwork and free up their most creative minds.”
Formstack’s acquisition of WebMerge is its fourth in a series of acquisitions to expand its workplace productivity platform, following Bedrock Data, QuickTapSurvey and Fast Forms.
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Formstack is a workplace productivity solution built to transform the way people collect information and put it to work. With its powerful data collection and process automation capabilities, Formstack reduces data chaos and solves important business problems. Founded in Indiana in 2006, Formstack is now a remote-first company with employees and users who live and work all over the world. Recognized for its continual growth and positive company culture, Formstack is a regular honoree on the Inc. 5000 list of fastest-growing US companies, and it has been named a best place to work in both Indiana and Colorado.
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