Notarize (company)

Notarize is a Boston, Massachusetts-based company that provides remote online notarization, e-signature, and eClosing services. The company was founded in 2015.
History
Notarize was founded in April 2015 in Boston, MA by Pat Kinsel. Kinsel was inspired to start Notarize when he had difficulty notarizing documents when selling his prior startup, Spindle, to Twitter.
By June 2017, the company had reportedly done 10,000 notarizations worldwide. In July 2017, the company completed the United States' first online mortgage closing, with United Wholesale Mortgage, Stewart Title, and Freddie Mac.
In October 2019, the company partnered with online startup Trust & Will to create the United States' first system to execute fully digital online wills and trust documents in Nevada and Indiana.
In October 2020, Notarize signed a deal with document management company Adobe to integrate Notarize's remote online notarization (RON) capability into the Adobe Sign e-signature platform. The company also announced its partnership with Ellie Mae's Encompass and Zillow's Dotloop. The service's usage was propelled by the COVID-19 pandemic. In November, Notarize's online notary video service was used by Pennsylvania postal worker Richard Hopkins for a sworn affidavit alleging voter fraud, a claim that was later recanted. In December, Fortune reported that the company would make a good acquisition target, due to a 2020 trend of acquisitions of companies that allow contracts to be completed over the cloud using computers.
The company announced a $130M Series D Financing in March 2021. Investors included independent growth fund Capital G, Citi, Wells Fargo, and others. Previous investors in the company include the National Association of Realtors, Realogy, Lennar, and others.
In May 2021, the company announced that Roger Ferguson had joined its board of directors.
In October 2021, Notarize was recognized by Forbes as a Next Billion Dollar Startup.
Services
Notarize offers online notary services through an app and web site that sets up a secure video chat with a licensed notary public. The app includes computer imaging technology and a software-based forensic analysis to authenticate the user's identity. Notarize's platform requires consumers to pass an identity verification process in compliance with the notary's state law.

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