Signaturit announced a majority investment by Providence Strategic Growth Europe
Signaturit Solutions, a Barcelona, Spain-based provider of cloud-based Trust Services that offers eSignature, eDelivery and eID solutions, announced getting into an investment agreement with the American private equity company Providence Equity Partners.
The deal, which has financial details undisclosed, was made for a major equity package with Providence's growth equity affiliate Providence Strategic Growth. Signaturit’s founders maintain their shareholding with Co-Founder and CEO Juan Zamora continuing to lead day-to-day operations and Signaturit’s team of 100 employees.
Signaturit, founded in 2013, is one of the leading Trust Service software vendors in Southern Europe. Its technology platform provides a SaaS-based solution that allows customers to send and sign documents legally and seamlessly.
The company has also developed other major trust services to cover adjacent parts of the digital signature process: eDelivery, which certifies the delivery of the entire electronic signature procedure; and eID, which offers secure authentication of the person before signing a document.
Prior to this deal, Signaturit raised about €10 million in venture money from investors including 360 Capital, Bonsai Partners, Banco Sabadell, Faraday Venture Partners, Nero Ventures, and Bbooster Ventures.