Notarize offers a remote online notarization platform and has expanded into trust and identity verification for businesses. Demand surged during the pandemic, and the company reports 600% year‑over‑year revenue growth. Notarize has inked partnerships with Adobe, Dropbox, Stripe and Zillow Group and sees strong demand from real estate, financial services, retail and automotive customers. The company positions itself as the “last mile” for business transactions that require verified signatures and identity. Management plans to use new capital to expand its platform and product, scale to serve enterprises of all sizes, and double down on hiring over the next year. The company previously faced a difficult 2019 with a financing setback and layoffs but has since rebounded strongly. Notarize is the first digital notary platform that allows individuals and businesses to get documents legally notarized online and enables entirely online real estate and mortgage closings. Founded in 2015 and based in Boston, the company scaled rapidly during the COVID-19 pandemic, reporting more than 400% growth in 90 days. Demand has been particularly high for real estate transactions, with over $7 billion ordered in June alone, and the platform reports nationwide adoption among Fortune 100 companies. Operational metrics include onboarding more than 1,600 notary applicants in 90 days, opening its platform to partners' notaries in thirteen states, and expanding real estate eligibility as title underwriters approved RON in 44 states. Notarize has integrated with partners such as Stripe for instant payouts and accelerated its Ellie Mae Encompass partnership to enable mortgage lenders to offer online closings with minimal setup. With $35 million raised in its Series C (bringing total funding to $82 million), the company is hiring thousands of notaries in several states to scale operations and meet surging demand. Founded in 2015 in Boston, Notarize operates a virtual notary platform where businesses and consumers upload legal documents and complete identity verification through Social Security number checks, individual-specific questions, and government ID review before an online notary joins by video to witness signatures. After notarization the company stores customers' documents for future use. According to a Form D filed with the SEC, Notarize recently raised about $17 million and reported converting $12.9 million in debt to equity. The filing shows the company is targeting a $47.3 million raise, with 23 investors having purchased $36.9 million in company securities so far and an additional $10.4 million still sought. Notarize says the new funds will go toward its go-to-market strategy and sales efforts, and the company is hiring. The filing notes the first sale under the offering was completed in April 2018. Notarize operates a digital notary-public platform that allows individuals and businesses to get documents legally notarized online and supports end-to-end online mortgage closings. The company has launched an API, Enterprise products, Notarize for Mortgage and Notarize for Title Agents to serve banks, lenders, title agents and other enterprises. Notarize reports a near‑perfect 4.9 App Store rating and says it has helped tens of thousands of individuals and businesses across every continent except Antarctica. Its partner list includes the country’s largest wholesale lender, United Wholesale Mortgage, more than one hundred other lenders and title companies, and roughly 3,000 other businesses. Notarize will use new funding to integrate with additional lending partners, expand its reach in real estate and title channels, and roll out into states as online notarization laws go into effect. The company serves a national audience from Virginia and was founded in 2015; total funding to date is $31 million. Notarize provides the first digital, end-to-end remote notarization service, offering online notarization via iOS and desktop. Since launching in February 2016 the platform has notarized thousands of documents to date and has an agreement with the National Notary Association to train and certify its electronic notaries. The technology aims to modernize notarization for industries including financial services, real estate and legal, and to serve new markets such as mortgage and financial services. Notarize has expanded product support and hired key leaders — including Dan Tangherlini (Principal of Government, Operations), Michael Chodos (General Counsel) and Alexander Jenkins (VP of Product) — to support growth. The company has raised $8.0M in Series A financing and previously secured $2.45M in seed funding, bringing total funding to $10.45M. The investment is intended to fuel growth, expand market reach, and transform the antiquated notarization process into a convenient, safe and secure national service.

Total raised

$212M

Funding rounds

6

Latest round

Series D

Latest activity

Mar 2021