# Damanesign

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/damanesign

- Industry: Software
- Headquarters: Morocco
- Website: www.damanesign.ma/
- Total disclosed funding: $0.5M
- Latest round: Seed (Jul 7, 2021)
- Investors on record: 1

## About

Damanesign is a Moroccan company that delivers innovative electronic signature solutions, electronic seals, and certified timestamping services, aimed at enhancing the security and compliance of digital transactions for businesses and government entities.Founded in 2021, Damanesign provides electronic signature services. The company successfully completed a Seed funding round in July 2021, raising MAD 4 million from Maroc Numeric Fund. There are no known pivots in business strategy or parent company affiliations.Damanesign specializes in offering electronic signature solutions, electronic seals, and certified electronic timestamping services. Their platform facilitates secure digital transactions with features like smart fields, approval workflows, and automated reminders, targeting businesses and governmental entities in Morocco and beyond.In 2022, Damanesign reported a revenue of MAD 533,000 with an EBITDA of MAD -118,781.2. The company operates a subscription-based revenue model with various pricing plans tailored for businesses, ensuring efficient document management and compliance.Following the MAD 4 million raised in Seed funding in July 2021, Damanesign plans to enhance its digital product offerings and expand its operations. The funds will be utilized for developing innovative solutions and strategically targeting new markets in North Africa and beyond.

## Funding rounds

- Seed, Jul 7, 2021, $0.5M — Maroc Numeric Fund

## Investors

- Maroc Numeric Fund (https://capitalatlas.ai/funds/maroc-numeric-fund) — Seed
