What is DocuSign?
DocuSign offers advanced e-signature technology solutions tailored for enterprises, small to medium-sized businesses, and individual professionals across diverse industries including real estate, financial services, insurance, healthcare, and legal sectors. The platform is designed for seamless integration with popular business applications and provides an API for embedding its functionality into custom workflows and applications. Founded in 2003 and headquartered in San Francisco, DocuSign has expanded its global presence with offices in multiple international locations, facilitating its widespread adoption and service delivery.
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 Ignition Partners, Sigma Partners, and Frazier Healthcare Partners
Other Financing Round (2009): $5M featuring Frazier Healthcare Partners, Sigma Partners, Ignition Partners, and WestRiver Group, LLC
Other Financing Round (2009): $2M backed by Second Century Ventures
Debt (2010): $2M, investors not publicly disclosed
Series C (2010): $27M led by Ignition Partners, Salesforce, Frazier Healthcare Partners, BA Venture Partners, and Sigma Partners
Series D (2012): $55.7M supported by Accel, Rose Park Advisors, Sapphire Ventures, Comcast Ventures, and GV
Series E (2014): $85M featuring Accel Partners, Sapphire Ventures, GV, Frazier Healthcare Partners, Comcast Ventures, Ignition Partners, SAP Ventures, Scale Venture Partners, National Association of REALTORS, Sigma West, Kleiner Perkins Caufield & Byers, Telstra, Cross Creek Advisors, Salesforce Ventures, and Jackson Square Ventures
Series F (2015): $233M backed by ClearBridge Investments, Bain Capital Ventures, Dell Technologies, Founders Circle Capital, ICONIQ Capital, Green Bay Ventures, Brookside Capital, Bryan Rosenblatt, Generation Investment Management, and Microsoft
Stock Issuance/Offering (2018): $629.3M, investors not publicly disclosed
Key Investors in DocuSign
Bain Capital Ventures
Bain Capital Ventures is a venture capital firm that invests in early-stage technology companies, focusing on sectors such as Software-as-a-Service, cloud, mobile, disruptive technologies, and tech-enabled services. They seek out exceptional entrepreneurs and have a proven track record of facilitating successful exits.
Microsoft
Microsoft Corp. is a global technology company that develops, licenses, and supports a wide range of software products, services, and devices. Their extensive portfolio includes operating systems, cloud services, and productivity applications, serving businesses and consumers worldwide.
Kleiner Perkins Caufield & Byers
Kleiner Perkins is a venture capital firm that invests in early and growth-stage technology and life science companies, providing capital and operational support from seed through IPO or acquisition.
What's next for DocuSign?
The consistent and significant capital injections into DocuSign suggest a trajectory of sustained growth and market expansion. As a company that has achieved major enterprise-level funding, DocuSign is well-positioned to continue its innovation in digital transaction management and expand its suite of agreement cloud solutions. Future strategic investments are likely to focus on enhancing its platform capabilities, deepening integrations with business ecosystems, and potentially exploring new market segments or geographical regions to solidify its leadership in the digital transformation of business agreements.
See full DocuSign company page