Shifting Economies to Secure Solutions

Posted by Hailey Roos on Wed, May 12, 2021 @ 02:28 PM
  • FORDATA is a secure file-sharing solution that provides Virtual Data Room systems to Central and Eastern European economies 
  • The company responded to COVID by providing free services to companies in need and fundraising thousands of dollars  

About FORDATA

FORDATA is the leading provider of Virtual Data Room systems in Central and Eastern Europe. As a secure file-sharing solution working in Software as a Service (SaaS) model, FORDATA helps clients in managing documents exchange and communication during complex and confidential deals, supporting the largest M&A deals, IPO’s, private equity investments, restructurings, drug development, and clinical trial projects, and more.


FORDATA’s History

In 2009, three college friends decided to import a business idea from London and change the digitally belated Polish mergers and acquisitions market by introducing the first Virtual Data Room to Polish customers. The shift involved providing assistance to million-dollar transactions, securing best-kept corporate secrets online, and comforting investors who were used to making their decisions to buy by looking through thousands of files stored in a locked room - not online. As a result of the massive change,
FORDATA shifted the way Polish M&A businesses operated. 

In just a few years, FORDATA had become a standard of dealmaking in Poland, trusted by Deloitte, KPMG, PwC, Dentons, and the biggest Polish state and private companies - and is developing a presence abroad as well.

In 2019, FORDATA had been long-trusted by international investment advisors, insurance companies, and the Treasury of Poland and other countries. Currently, FORDATA is CSR-conscious and aligned with the strictest regulations of the EU and international markets.

FORDATA’s COVID-19 Response

When news of the coronavirus broke, FORDATA faced incredible pressure to continue helping others. The company provided free service to companies in crises and fundraised over $15,000. Companies in need were provided with services to restructure, run audits, find financing and new partners, or simply survive the transition to a remote work environment, which became the new normal to banks, advisors, and auditors. Everyone needed a virtual tool to stay safe and cut costs while also saving time and working efficiently. 

Today, FORDATA continues growing and providing critical services to the economy. 

FORDATA won a Bronze Stevie for COVID-19 Response Categories - Most Valuable Response by a Business Development Team in the 2021 Stevie Awards for Sales & Customer Service®. 

Interested in entering the 2022 Stevie Awards for Sales & Customer Service?

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Topics: Steve Awards for Sales and Customer Service