# Digify

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

- Industry: Software
- Headquarters: Singapore, Singapore
- Website: www.digify.com
- Total disclosed funding: $2.4M
- Latest round: Series A (Aug 5, 2021)
- Investors on record: 9

## About

Digify is a document security and management company that specializes in protecting, tracking, and controlling sensitive documents shared online, primarily through its Virtual Data Room (VDR) solutions.Founded in 2011 and headquartered in Singapore, Digify provides secure document management solutions. The company has raised a total of USD 0.440 mn in Series A funding from Captii Ventures in August 2021, valuing the firm at USD 5.63 mn. The founders include Augustine L, Eric Forte, Muskan Khurana, and Maša Štravs, with Augustine L serving as the CEO.Digify offers an integrated suite of document security and management solutions designed to protect, track, and control sensitive documents sent online. The company's core product is a Virtual Data Room (VDR) that provides secure repositories for managing confidential company information, particularly useful for fundraising, due diligence, and investor updates. Digify’s services include advanced digital rights management features, such as customizable watermarks, document tracking and analytics, and email security, enhancing the protection and oversight of documents shared with external parties. The platform serves a diverse customer base across sectors like private equity, venture capital, and commercial real estate, targeting users primarily in North America, Europe, and Asia. This comprehensive approach allows businesses to maintain control over their intellectual property while facilitating efficient communication and collaboration with stakeholders.In the most recent year, 2023, Digify generated revenue of USD 3,793,866.80, with an EBITDA of USD 428,588.50. The company employs a subscription-based revenue model, catering to B2B relationships and offering tailored solutions for secure document sharing and monitoring. Clients engage with various pricing plans that include features such as password protection, tracking analytics, and watermarks, ensuring high security for important documents. Digify's services meet the needs of enterprises that require secure transmission of sensitive information, ultimately enhancing operational efficiency and safeguarding against unauthorized access.Following the recent Series A funding of USD 440,000 in August 2021, Digify plans to utilize these resources to enhance its product offerings and expand into new markets. Specific upcoming products are being designed to further improve document security solutions, although release dates have not been disclosed. The company is targeting expansion into additional geographic regions, with plans focused on increasing its presence in emerging markets in Asia and Europe by 2025.

## Funding rounds

- Series A, Aug 5, 2021, $0.4M — Captii Ventures
- Series A, Nov 9, 2018, $1M — National Research Foundation, Red Dot Ventures, JFDI Asia, 8Capita, Singapore Angel Network, Tigris Capital, Captii Ventures, Eudaimonia Capital
- Seed, Feb 17, 2013, $1M — SEEDS Capital, Red Dot Ventures

## Investors

- SEEDS Capital (https://capitalatlas.ai/funds/seeds-capital) — Seed
- Red Dot Ventures (https://capitalatlas.ai/funds/red-dot-ventures) — Seed, Series A
- National Research Foundation — Series A
- JFDI Asia — Series A
- 8Capita (https://capitalatlas.ai/funds/8capita) — Series A
- Singapore Angel Network (https://capitalatlas.ai/funds/singapore-angel-network) — Series A
- Tigris Capital — Series A
- Captii Ventures (https://capitalatlas.ai/funds/captii-ventures) — Series A
- Eudaimonia Capital — Series A