# Skribble

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

- Industry: Internet
- Headquarters: Zurich, Switzerland
- Website: www.skribble.com
- Total disclosed funding: $14M
- Latest round: Series A (Aug 30, 2022)
- Investors on record: 6

## About

Skribble AG offers an advanced electronic signature solution that streamlines secure document signing. Their services provide businesses with various signature options compliant with EU regulations, enhancing efficiency in digital workflows.Founded in 2018 in Zurich, Switzerland, Skribble AG specializes in electronic signature solutions for businesses. The company, co-founded by Benoit Stroelin, David Fürsinger, Eric Kuenzi, Michel Fernández, Philipp Dick, Roni Oeschger, and Waldemar Dick, focuses on enhancing document signing efficiency with a strong presence across Europe. As of August 30, 2022, Skribble raised CHF 10 million in a Series A funding round, co-led by Acton Capital and VI Partners, bringing the total amount raised to CHF 10 million. The company has completed four deals to date.Skribble specializes in providing a comprehensive electronic signature solution designed to facilitate secure signing of documents in a digital environment. Their core offerings include simple, advanced, and qualified electronic signatures (EES, FES, QES) that comply with EU regulations, including the eIDAS regulation. The platform is tailored for businesses across Europe, enabling users to sign documents seamlessly and efficiently, significantly reducing the time required from 30 minutes to just 3 minutes for document signing. Skribble serves a diverse client base of over 4,000 companies, including sectors such as insurance, legal, real estate, and human resources, and is operational in multiple European markets including Germany, Switzerland, and France. The user-friendly interface ensures that individuals can begin signing immediately without requiring extensive training, while integrated solutions allow companies to embed Skribble directly into their existing workflows.Skribble operates primarily on a subscription-based revenue model, offering various pricing plans suited to different business needs. Clients engage with Skribble's services through direct subscriptions, allowing them to access e-signature capabilities for a defined number of users or documents per month. The service is designed specifically for B2B transactions, wherein businesses pay for electronic signatures on a per-document basis or through tiered plans that provide increasingly favorable terms for higher usage volumes. Specific flagship services include the qualified electronic signature (QES), which holds the same legal standing as a handwritten signature under EU law. This structured approach not only ensures compliance with regulatory standards but also enhances customer satisfaction by enabling rapid and secure document processing.Following the CHF 10 million capital raised in August 2022, Skribble plans to use the funds to expand its reach in the European market, particularly focusing on strengthening its position in the DACH region. The company is set to launch new products designed to further improve its electronic signature solutions, aiming for a broader market penetration by the end of 2023.

## Funding rounds

- Series A, Aug 30, 2022, $10M — Zürcher Kantonalbank, Acton Capital, Vi Partners, b2venture, Helvetia Group Venture Fund, The furniture
- Seed, May 28, 2020, $3.6M — Zürcher Kantonalbank, b2venture, Helvetia Group Venture Fund, The furniture

## Investors

- Zürcher Kantonalbank — Seed, Series A
- b2venture (https://capitalatlas.ai/funds/b2venture) — Seed, Series A
- Helvetia Group Venture Fund (https://capitalatlas.ai/funds/helvetia-group-venture-fund) — Seed, Series A
- The furniture — Seed, Series A
- Acton Capital (https://capitalatlas.ai/funds/acton-capital) — Series A
- Vi Partners (https://capitalatlas.ai/funds/vi-partners) — Series A