Notarize, a Boston, MA-based Remote Online Notarization (RON) company, raised $130m in Series D funding.
The round was led by Canapi Ventures, with participation from CapitalG, Citi Ventures, Wells Fargo, True Bridge Partners and existing investors Camber Creek, Ludlow Ventures, NAR’s Second Century Ventures, and Fifth Wall Ventures. In conjunction with the funding, Canapi Ventures Partner Neil Underwood will join Notarize’s Board of Directors.
The company, which has raised $213m in total funding to-date, will use the capital to expand operations and the platform and product, broaden business across key industries, and scale to serve enterprises of all sizes, including many of the Fortune 500.
Led by Pat Kinsel, founder and CEO, Notarize provides a platform to enable thousands of people each day to sign and notarize documents online.
Through its role in giving consumers and businesses options to complete transactions online, Notarize has increased YoY revenue by 600% since March 2020 and inked new partnerships with companies including Adobe, TIAA, Dropbox, Redfin, Zillow Group, First American Financial, Transamerica, Stripe, and JD Power & Associates.
FinSMEs
25/03/2021