Source: Business Wire
OneNotary, a leading online, on-demand notarisation provider, today announced it closed a $5 million Series A and entered a partnership with DocuSign to provide a best-in-class third-party notary network to DocuSign customers.
OneNotary’s Series A round was led by Jackson Square Ventures, with participation from DocuSign Founder Tom Gonser, as well as existing investors DocuSign Ventures, GoodPaper Ventures, Digital Future, and The LegalTech Fund. The capital will be deployed to accelerate marketing and sales efforts, strengthen partnerships, and further develop OneNotary’s product suite to meet the growing demand for online verification services.
“Millions of people and businesses endure a terrible, outdated experience notarizing documents each year. We built OneNotary to fix that,” said Ivan Zinkov, Co-founder and CEO of OneNotary. “Our solution is loved by customers across industries—from finance and real estate to law, health care, and government—for its seamless implementation and ease-of-use. We’re proud investors are demonstrating their conviction in our business with this new capital and are excited to put it to use in pursuit of our mission.”
Since its founding in 2020, OneNotary has grown rapidly thanks to its best-in-class product used by tens of thousands of notaries and customers. Over the past year, the company has doubled revenue and its marketplace of notaries across the country has grown to over 30,000.
“Jackson Square Ventures backs companies that are market leaders. Notarization is a critical trusted process for many transactions. OneNotary’s technology and established notary network is providing the foundation for trust, security, and scalability, which is why we led the Series A financing,” said Pete Solvik, Co-founder and Managing Director of Jackson Square Ventures.
“Our customers have been asking for a full suite of identity solutions to choose from, including access to a third-party notary network,” said Janine Grasso, Group Vice President of Partnerships at DocuSign. “Our partnership with OneNotary adds an exciting best-in-class option for our customers needing notary services.”
“OneNotary will help us replace in-person, paper-based processes for notarization with their one-line API call and a network of notaries available 24/7,” said Mangesh Bhandarkar, GVP of Product Management at DocuSign. “Completion rates go up for businesses when signers stay in one experience through the whole signing process.”
“Online notarization is a dramatically improved experience and is especially important given the legal requirements for notarizing certain documents,” said Anant Agrawal, President of OneNotary. “As we embark on this next phase of growth, we’re energized by the opportunity to continue our rapid expansion to deliver exceptional value for our customers and partners.”
Read full article: https://www.businesswire.com/news/home/20240326274642/en/OneNotary-Raises-5-Million-Series-A-%E2%80%94-Enters-Partnership-with-DocuSign
