What is DocuSign?
DocuSign offers a comprehensive cloud-based platform for electronic signatures and digital transaction management, serving enterprises, small to medium-sized businesses, and individual professionals across various industries including real estate, financial services, insurance, healthcare, and legal. The company's technology facilitates secure and efficient document workflows through pre-built integrations with popular business applications and a robust API for custom embedding and automation. Founded in 2003 and headquartered in San Francisco, DocuSign has expanded its global presence with multiple international offices, solidifying its role as a critical infrastructure provider for digital business operations.
How much funding has DocuSign raised?
DocuSign has raised a total of $1.1B across 11 funding rounds:
Series B
$10M
Other Financing Round
$5M
Other Financing Round
$2M
Debt
$2M
Series C
$27M
Series D
$55.7M
Series E
$85M
Series F
$233M
Stock Offering
$629.3M
Series B (2006): $10M supported by Sigma Partners, Ignition Partners, and Frazier Healthcare Partners
Other Financing Round (2009): $5M featuring Ignition Partners, Sigma Partners, WestRiver Group, LLC, and Frazier Healthcare Partners
Other Financing Round (2009): $2M backed by Second Century Ventures
Debt (2010): $2M, investors not publicly disclosed
Series C (2010): $27M led by Salesforce, Frazier Healthcare Partners, Sigma Partners, BA Venture Partners, and Ignition Partners
Series D (2012): $55.7M supported by Rose Park Advisors, Comcast Ventures, GV, Sapphire Ventures, and Accel
Series E (2014): $85M featuring Sigma West, Scale Venture Partners, National Association of REALTORS, Jackson Square Ventures, Frazier Healthcare Partners, Salesforce Ventures, SAP Ventures, Kleiner Perkins Caufield & Byers, GV, Ignition Partners, Sapphire Ventures, Accel Partners, Comcast Ventures, Telstra, and Cross Creek Advisors
Series F (2015): $233M backed by Green Bay Ventures, Dell, Bryan Rosenblatt, Founders Circle Capital, Bain Capital Ventures, Microsoft, ClearBridge Investments, Generation Investment Management, ICONIQ Capital, and Brookside Capital
Stock Issuance/Offering (2018): $629.3M, investors not publicly disclosed
Key Investors in DocuSign
Salesforce
Salesforce is a global leader in customer relationship management (CRM) software, providing a comprehensive suite of cloud-based solutions for sales, service, marketing, and e-commerce. Their investment in DocuSign highlights a strategic alignment in the enterprise software and cloud services sector.
Sigma Partners
Sigma Partners is a venture capital firm that primarily invests in early-stage technology companies, focusing on sectors like SaaS, cloud, and disruptive technologies. Their backing of DocuSign indicates a belief in the company's early potential and scalable business model.
Frazier Healthcare Partners
Frazier Healthcare Partners is a venture capital firm that invests in healthcare and life sciences companies. Their participation in DocuSign's funding rounds suggests an interest in technology that supports critical business operations across various regulated industries.
What's next for DocuSign?
With a history of significant investment rounds, including major strategic capital injections, DocuSign is well-positioned for continued expansion and innovation. The company's trajectory suggests a focus on enhancing its platform capabilities, potentially through further product development, strategic partnerships, or acquisitions. As a mature entity in the digital transformation landscape, future investments are likely to support its global market penetration, cybersecurity enhancements, and the integration of advanced AI capabilities to further streamline complex business processes and maintain its competitive edge in the digital agreement space.
See full DocuSign company page