Signaturit, a cloud e-signature startup from Barcelona, has raised €7 million in a funding round led by 360 Capital and Bonsai Partners, which brings the total amount secured by the company to date to €10 million. Signaturit plans to use the capital injection to extend its presence in Spain and expand to other European markets, as well as to develop and end-to-end contract automation platform.
Signaturit’s range of products includes not just electronic signatures but also electronic registered delivery, electronic identification and qualified electronic time stamp. The company claims to have more than 10,000 users in 40 countries; it lists Volkswagen, EY, Gartner, Admiral Insurance, AXA, Acciona, Banco Sabadell, DAS Insurance, Cuatrecasas, Decathlon, Volotea, and Damm among its customers.
“With the newly available resources we plan to double our volume of business and our current workforce of 60 professionals by the year’s end, and to become the leading provider in our sector in Europe in the coming years,” said Juan Zamora, CEO and co-founder of Signaturit.
The company is currently busy working on an end-to-end contract automation platform, which would effectively combine many of its solutions under one product. The platform would be there to manage the entire life cycle of a contract: creation, dispatch, signature, execution, and compliance.
In the photo: Signaturit co-founders Juan Zamora (right) and Javier Martínez