DocuSign Launches Venture Firm Focused on the Future of Agreementsby Fintechnews Switzerland October 21, 2021
DocuSign, a US-based e-signature technology provider, has introduced DocuSign Ventures, which will co-invest in as well as partner with companies raising early stage funding to innovate around the agreement process.
By staying close to and working with innovative startups, DocuSign can help its customers identify and integrate new solutions.
This includes technologies that facilitate pre-agreement work and negotiation, in addition to the logistics and workflows that may result after an agreement is signed.
DocuSign Ventures said that it is interested in a diverse range of innovative technologies being used to transform how agreements are created, executed, and managed.
This includes agreement process automation and workflows, AI and smart contract technology, identity verification and management, digital payment platforms, legal and compliance automation technologies as well as vertical solutions in areas such as mortgage and lending.
DocuSign Ventures reinforces the company’s existing strategic investments and partnership efforts across the startup ecosystem, which include investments in BlackBoiler, DataGrail, Pactum, and Snapdocs, and a recent investment in The LegalTech Fund, an early stage fund focused on backing companies that are transforming the world of law.
Additionally, DocuSign Ventures also made investments in and subsequently acquired Seal Software and Clause.
These relationships have led to enhancements to the DocuSign Agreement Cloud platform including AI-powered contract analytics and smart agreement capabilities.
“More and more businesses are recognizing the power and urgency of digitizing their agreement processes in order to meet the new ‘anywhere expectations’ of their customers, partners, and employees.
DocuSign Ventures is excited to partner with the disruptors who are propelling smarter, simpler and frankly better ways of executing and fulfilling agreements.”
said Eric Darwin, Head of Corporate Development at DocuSign.