airSlate Announces $80 Million in Total Capital Raise from Morgan Stanley Expansion Capital, General Catalyst and HighSage Ventures
Summary
Morgan Stanley Expansion Capital, General Catalyst and HighSage Ventures recognized airSlate’s opportunity to expand the market reach of its workflow automation, e-signature, and document management solutions for small and mid-sized businesses. The no-code revolution is only beginning and the additional funding will help power our team to innovate even more quickly, providing seamless business automation and best-in-class functionality for our customers,” Shakhnovich added. “We are thrilled to welcome Pete Chung from Morgan Stanley Expansion Capital to the airSlate Board of Directors, joining Larry Bohn and Paul Sagan from General Catalyst.” “Workflow automation is a rapidly emerging technology growth sector, with airSlate positioned at the right stage to achieve and maintain significant momentum in this space,” said Pete Chung, Head of Morgan Stanley Expansion Capital. airSlate is a global SaaS technology company that serves tens of millions of users worldwide with its no-code business process automation and document management solutions. With offices in San Francisco, Palo Alto, New York City, and Boston, the firm has helped support the growth of businesses such as Airbnb, Deliveroo, Guild, Gusto, Hubspot, Illumio, Livongo, Oscar, Snap, Stripe, and Warby Parker.
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