E-Sign is an electronic signature provider, operating in a lucrative & expanding market. To date, E-Sign has raised nearly £1m in investment which has been used with the aim of becoming a high performer in the market. Now seeking additional investment to increase market share & accelerate growth.
E-Sign is an established electronic signature service provider; previous supplier to the UK Crown Commercial Service (new contract pending), the company has received an award for its high performing software.
Many industries are rapidly switching to electronic signatures for the many benefits: speed of document turnaround, security, reduced cost among the key benefits. The global digital signature market is forecasted to hit £4bn in 2023, at 36.7% CAGR.
E-Sign has achieved consistent revenue growth, with 118% compound annual growth over the last 3 years. Revenue to y/e Dec 2018 was £84.9k (P+L £-204.3k).
To date, the company has raised over £1 million in both debt and equity, used to enhance the functionality of its core product and expand on marketing activities, leading to growth over the past 12 months. It has allowed E-Sign to compete more effectively and as a result has won a client directly from a large US competitor.
E-Sign has welcomed Crowdcube investors from previous successful funding rounds, as well as institutional investment from the Isle of Man Government, who continue to support the journey of the business.
E-sign is raising further investment to take advantage of the rapid adoption of electronic signatures, to invest in enhanced marketing activity and increased customer support and on-boarding.