Notarize Experiences 400% Growth in 90 Days
Summary
The Series C round was led by real-estate focused venture capital firm Camber Creek, Boston-based Polaris Partners, and other existing strategic investors, and has helped Notarize quickly scale to meet unprecedented demand over the last three months. “They have spent the last five years building the infrastructure and setting the industry standard that today is allowing millions of Americans and businesses to legally execute health, family and financial transactions within minutes. There is no looking back.” Demand for the Notarize platform has been particularly high for real estate transactions, with over $7 billion ordered in June alone, as people look to complete closings, refinance and take advantage of historically low interest rates. Hired notaries are onboarded remotely, work from the safety of their home, and receive same-day payment for their services through Stripe Connect, a platform that accepts money and pays out to third parties. Previous Notarize funding included investments by Polaris Partners, Realogy Holdings, Lennar Corporation, Ludlow Ventures, Fifth Wall, and the National Association of Realtors.