e签宝 began as an electronic-signature provider and has extended its product set into intelligent contracts and blockchain contracts, iterating products rapidly. The company is shifting from a software/tool model toward a SaaS orientation and focusing on metrics such as ARR, LRR and DRR as it scales. e签宝 serves a diversified customer base including government, state-owned enterprises, new-economy companies and traditional businesses, and holds comprehensive technical and security qualifications. Management includes executives with Alibaba sales backgrounds, giving the company strong go-to-market capability and a sales-oriented culture. Leadership has pursued strategic M&A to expand capabilities and talent following earlier rounds, and the founder/CEO announced a post-merger dual-brand strategy: e签宝 for the mass market and 金格科技 to serve Xinchuang and government customers. The team emphasizes customer-value-driven iteration and aims to build contract-lifecycle, intelligence-oriented services beyond basic signing tools. eSign is a Chinese provider of electronic signature services. The company provides e-signature solutions to businesses and organisations. It is backed by Ant Group. eSign secured over 1 billion yuan (about $150.3 million) in a Series D round. The fundraising comes as the market for e-signature services accelerated amid the COVID-19 pandemic. The article did not disclose operating metrics, specific investors in the round beyond the Ant Group reference, or future plans. Esign is a Hangzhou-based e-signature software company founded in 2002 by Jin Hongzhou. The firm began as a provider of electronic signatures and has been shifting toward an enterprise technology company that helps organizations digitalize business processes such as signing, verifying and archiving agreements and contracts. Its DocuSign-alike platform works with partners including Alibaba, Suning, Huawei and Geely. As of June 2019 Esign reported serving more than 2.9 million corporate users and 200 million individual users across industries such as real estate, mortgage, government, insurance and technology. The company recently completed a large Series C financing and had previously raised about USD 21 million in a Series B at the beginning of last year. Founded in 2002, e签宝 began by launching China’s first electronic seal system and in 2013 introduced a nationwide internet e-signature SaaS platform. The platform supports real-name authentication, data evidence storage, electronic contracts and end-to-end legal services. e签宝 reports about 1 million enterprise users, 100 million individual users and 1.5 billion signatures to date. The company has moved from seal systems to a SaaS model and now aims to enter a 3.0 “intelligent-connection” era with smarter signer identification, contract generation, document editing and audit execution. Recent partnerships and integrations—most notably a new joint product with DingTalk—aim to bring its services to DingTalk’s 5+ million enterprise users. e签宝 is also investing in cryptography and blockchain research via a joint lab with Beihang University and signing strategic cooperation agreements with firms including Suning Finance, 360 Finance, TuanDai and Lagou. The company says product upgrades, R&D and market expansion are priorities going forward.

Total raised

$459M

Funding rounds

4

Latest round

Series E

Latest activity

Sep 2021