Damanesign is a Morocco-based digital trust startup founded in 2021 by Zouhair Hamdaoui. The company provides electronic signatures, digital seals, timestamps and advanced management of signature transactions, guaranteeing probative value. It enables users to sign and have documents signed securely and supports end-to-end dematerialised processes. Damanesign raised MAD4 million (US$450,000) in a funding round led by MITC Capital’s Maroc Numeric Fund II. The investment will be used to further develop its digital products and expand its operations. The fundraising comes as Law 43-20 on digital trust and COVID-19–driven demand increase interest in electronic signature services.

Total raised

$0M

Funding rounds

1

Latest round

Equity

Latest activity

Jul 2021