360 Capital leads €7m series-A for Signaturit

Previous backers Bonsai Partners, Banco Sabadell, Faraday Venture Partners, Nero Ventures and Bbooster Ventures also took part in the round.

The company plans to use the fresh capital to consolidate its presence in Spain and expand into other European markets, double the volume of the business and scale up its current staff of 60 people by the end of 2019.

In addition, Signaturit intends to develop an end-to-end contract automation platform to combine many solutions under one product and manage the entire lifecycle of a contract, from creation to dispatch, signature, execution and compliance.

Previous funding
Following two seed rounds of €15,000 in 2014 and €600,000 in 2015, Signaturit raised €1.4m of funding from Bonsai Partners, Banco Sabadell, Faraday Venture Partners, Nero Ventures and Keyword Venture Capital in June 2017. The startup also received a €1.2m grant from EU agency EASME in January 2018.

Company
Established in 2013 and based in Barcelona, Signaturit provides a suite of cloud-based tools composed of electronic signature, certified registered delivery, electronic identification and qualified electronic time stamp, for complying with legal and security standards.

The startup has more than 10,000 users in 40 countries and a client base that includes Volkswagen, EY, Gartner, Admiral Insurance, Axa, Acciona, Banco Sabadell, DAS Insurance, Cuatrecasas, Decathlon, Volotea and Damm. It employs 60 staff.

People
Signaturit - Juan Zamora (co-founder, CEO); Javier Martinez Fernandez (co-founder).

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• Topics
• Expansion
• Southern Europe
• Technology
• Venture
• Spain