DocuCode
Confidential investor brief · Revised September 2026

Send sensitive files without losing control.

Controlled links with sender-defined expiry, download visibility and automatic removal after completion or expiry.

EXPIRY · VISIBILITY · REMOVAL
01 — PRODUCT DEMO

See the controlled handoff in 100 seconds.

A complete sender journey—from upload and access settings to a secure link, recipient download and visible delivery status.

01Choose the sensitive file
02Set the access window and protection
03Share the controlled link
04Track delivery and close the transfer
Open DocuCode ↗
DocuCode product walkthrough1:40 · Silent screen recording · HD
02 — EXECUTIVE SUMMARY

A controlled, temporary handoff—not another workspace.

Set an expiry, share a link, confirm download and close the transfer. DocuCode makes the delivery loop visible without moving senders or recipients into a heavy collaboration product.

THE SHIFT

Access, not attachment

Files stay available only for the time the transfer needs.

THE PRODUCT

Expiry, visibility, removal

Sender-defined expiry, download visibility and automatic removal after completion or expiry.

THE BUSINESS

Repeat-use subscription

Simple individual and business plans, with expansion into team controls.

A narrow product can own a recurring operational need: documents that must be sent, tracked and closed.

03 — PROBLEM + TIMING

Sensitive documents are still shared in ways that outlive their purpose.

Email and generic links are easy to use, but they do not naturally close the delivery loop. The document keeps living after the work is done.

01 / EXPIRY

No sender-defined end

Access stays open unless someone manually intervenes.

02 / PROOF

No reliable delivery proof

Teams still chase open and download confirmation.

03 / RETENTION

Unnecessary copies

Files remain across inboxes, devices and message threads.

Retention discipline, cyber-risk accountability and data-threat pressure are becoming everyday business expectations.

04 — OUR GOALS

Make responsible document sharing the effortless default.

DocuCode is designed around four outcomes that can support trust, adoption and sustainable scale.

1

Reduce exposure

Limit availability to the actual transfer window.

2

Restore visibility

Give the sender a useful delivery record.

3

Remove friction

Keep the recipient experience direct and intuitive.

4

Scale trust

Turn a repeatable security need into a recurring service.

05 — THE PRODUCT

Controlled delivery, as simple as sending a link.

The sender sets expiry, shares access and sees the delivery timeline.

1

Choose the file

Select the sensitive document that needs a controlled handoff.

Encrypted flow
2

Set the access window

Choose recipient details, protection and a precise expiry.

Time-limited
3

Share the controlled link

The recipient receives direct access—not a permanent attachment.

Direct delivery
4

Track and close

Confirm activity and remove files after completion or expiry.

Visible status
06 — WHY NOW

The way we share files has not caught up with the way we think about data.

Demand drivers

Retention discipline is becoming an everyday business expectation
Cyber-risk accountability is moving to leadership teams
Threats against data keep sensitive-document workflows in focus

Innovation thesis

01Temporary availability as a product principle
02Sender visibility without a heavy collaboration suite
03Automatic removal as a clear, user-facing benefit
07 — MARKET WEDGE

A focused first market with a large SME opportunity.

Bulgaria provides a manageable proving ground before selected CEE and EU professional-services expansion.

404kactive Bulgarian enterprises

404,257 in 2023, up 2.6% year on year.

26.1mEU SMEs

99.8% of EU non-financial businesses in 2024.

17.5%Bulgarian cloud adoption

Versus 45.2% across the EU in 2023.

68%used cloud file storage

Of EU enterprises already purchasing cloud services.

BULGARIAN BEACHHEAD

Start narrow, prove value quickly.

  • Approximately 28,700 active firms have 10+ employees
  • Priority buyers: legal, accounting, HR, screening, finance and real estate
  • Lower cloud adoption creates education friction—but also substantial headroom
  • Local invoicing, Bulgarian support and straightforward onboarding are advantages
EU EXPANSION

Scale within one regulatory story.

  • 26.1 million SMEs create a broad horizontal customer base
  • GDPR storage limitation reinforces shorter, purpose-linked retention
  • NIS2 raises cyber-risk management expectations across 18 critical sectors
  • Expansion can prioritise professional services and digitally growing CEE markets

Official statistics describe the addressable environment, not proven DocuCode demand. Conversion and willingness to pay require customer validation.

08 — TAM / SAM / SOM

A transparent bottom-up opportunity model.

Market size is calculated from official enterprise counts and an assumed €29 blended monthly account value. Each layer deliberately narrows the customer base.

TAM · EU SMEs€9.09bn

Theoretical annual market

All 26.1m EU SMEs at €348 annual revenue per account.

26.1m × €29 × 12 months
SAM · HIGH-INTENT EU€182m

Initial serviceable segment

A conservative 2% of EU SMEs with frequent sensitive-document workflows.

522,666 accounts × €348 / year
SOM · YEAR 3 BASE€3.76m

Target exit ARR

9,500 paying accounts at a €33 blended monthly ARPA.

0.036% of EU SMEs · management case
Bulgarian serviceable proxy

~28,700 enterprises with 10+ employees × €348 = approximately €10.0m annual opportunity, before selected micro-professional firms.

What is assumption-led

The 2% high-intent segment, pricing, account mix and capture rate are management assumptions—not third-party market forecasts.

What validates the model

Paid pilots, monthly transfer frequency, conversion, logo churn, expansion revenue and verified acquisition cost.

09 — GO-TO-MARKET

Start with professions where sensitive files move every day.

The first customers should have a visible problem, short buying path and a workflow that repeats every week.

Priority segmentDocuments exchangedBuying triggerRoute to market
Legal & accountingContracts, statements, client recordsConfidential client exchangeFounder-led sales, associations, referrals
Recruitment & screeningCVs, IDs, certificates, reportsHigh-volume personal dataTargeted outbound and partner channels
Real estate & financeIdentity, income and transaction filesExternal parties and time-bound dealsBroker networks and team subscriptions
Consulting & SMEsProposals, financials, project materialSimple secure alternative to attachmentsContent, product-led trials and referrals
10 — BUSINESS MODEL

Simple plans make adoption easy; team controls create expansion.

Indicative pricing establishes a testable revenue architecture. Final limits and price points should be validated through paid pilots.

SOLO · INDICATIVE

€9 / month

For independent professionals and light recurring use. Card or debit-card payment.

BUSINESS · CORE

€29 / month

Core plan for recurring company use, paid by card or invoice.

TEAM · EXPANSION

€79+ / month

Future users, policies, reporting and higher transfer capacity.

REVENUE ENGINE

Land and expand

MRR

Acquire through low-friction paid plans; expand ARPA through company billing, team seats and higher transfer capacity.

Commercial logic

Independent professionals
Low-friction self-service entry
€9
Business accounts
Core recurring customer
€29
Team expansion
Higher value through controls and users
€79+
11 — FINANCIAL OUTLOOK

The base case depends on growth and retention proving out.

Illustrative management projections, not historical performance. Use the scenario selector to test the range of outcomes.

MetricYear 1 · 2027Year 2 · 2028Year 3 · 2029
Target blended ARPA€29per account / month
Target gross margin82%at scaled cloud volume
Target LTV : CAC3.8×at 2.5% monthly logo churn
CAC payback target≤11 mowith €250 blended CAC
Base-case capital need

€650k seed funding is modelled to support approximately 18 months of product, go-to-market, trust/compliance and operating runway.

Break-even condition

Approximately €160k monthly recurring revenue at an 84–85% gross margin and a controlled operating-cost base.

Key sensitivity

A one-point increase in monthly churn materially reduces LTV. Retention and weekly usage must be proven before scaling acquisition.

Model excludes VAT, financing costs and tax; assumes gradual ARPA expansion and improving infrastructure efficiency. Figures are rounded.

12 — DEFENSIBILITY

Win through focus, trust and workflow fit.

The strongest moat starts with repeated use and a clear position: DocuCode is the controlled delivery layer, not a general-purpose drive.

POSITIONING

A category users understand

A sharp promise—send sensitive files without losing control—creates memorable differentiation.

WORKFLOW DATA

Product learning loop

Transfer patterns and customer feedback guide smarter defaults and higher-value controls.

TRUST

Credibility compounds

Consistent delivery, transparent policies and privacy-aware design support retention and referrals.

13 — FUNDING MILESTONES

€650k buys 18 months of proof before broader expansion.

A milestone-led plan keeps product, commercial and trust-building work aligned.

NOW · 0–6 MONTHS

Monetise

Subscription plans, card payments, business invoices and baseline funnel analytics.

NEXT · 6–12 MONTHS

Paid pilots

Vertical pilots, retention benchmarks, testimonials and repeatable local acquisition.

THEN · 12–18 MONTHS

Bulgarian PMF

Prove paid conversion, transfer frequency, retention and acquisition cost.

EXPANSION GATE

EU entry ready

Use validated evidence to enter selected CEE and EU professional-service markets.

IMS Data Intelligence

IMS Data Intelligence develops digital products for secure data verification and sensitive-document transfer.

Purpose-builtPrivacy-consciousDesigned for control
14 — COMPANY FOUNDATION

Trust should never be the price of moving quickly.

Our goal is to verify what matters, protect what is sensitive and keep control where it belongs.

VLADISLAV YOTOVChief Executive Officer
15 — SOURCES & METHOD

Evidence where available. Assumptions where necessary.

Market inputs are linked to official sources. DocuCode pricing, conversion, customer growth and financial projections remain management assumptions pending validation.

16 — INVESTOR CENTRE

Build the default way to send documents that should not live forever.

DocuCode is seeking strategic partners and €650k in seed capital to launch monetisation, validate Bulgarian product–market fit and establish the evidence needed for focused European expansion.

€650kSeed capital
18 moProof runway
€3.76mYear-3 exit ARR · base case
9,500Year-3 paying accounts
PDF

DocuCode Investor Pitch 2026

Revised investor deck · 15 slides · market, business model, financials and funding plan

Download PDF ↓