GetAccept, Sweden-founded AI-based eSignature & document tracking startup raises €6.2M funding

GetAccept, Sweden-founded AI-based eSignature & document tracking startup raises €6.2M funding

This article will take you 4 minute(s) to read

Most of the businesses are slowly digitalising their process to stay relevant with the current trend. As a result of the digital transformation, the process of preparing contract documents, mailing them to the client, taking the print out and delivering the signed hard copy has become obsolete.

It has been replaced by adopting electronic signature in their workflow. This not only saves time and resources but also avoids delays or communication gap while closing a contract. There are lots of platforms available that help organisations reach the full potential of the sales process.

Used by sales, HR, and development teams, GetAccept is an all-in-one sales platform that combines video, live chat, proposal design, document tracking and e-signature to simplify the life of every sales team.

Scores $7 million!

Recently, GetAccept, an AI-based eSignature & document tracking platform announced that it has raised a $7 million (€6.2 million) Series A funding round.

This funding round is led by DN Capital, with participation from BootstrapLabs, Y Combinator and many Spotify’s early investors including ex CFO of Spotify, Peter Sterky.

According to the company, the new capital will be used to scale sales and marketing and accelerate product innovation as well. Notably, this brings GetAccept’s total financing to $9M (€7.9M).

Samir Smajic, CEO, GetAccept, said: 

We built GetAccept to bridge this growing engagement gap, and this new round of funding will help take our platform and go-to-market plans to the next level.

All-in-one platform for sales!

For the uninitiated, GetAccept helps enterprises close more deals by automating the document workflow process, from the first conversation with a prospect to a signed contract.

In addition, it brings together video, chat, proposal design, document tracking and e-signature capabilities into a single web and mobile solution to prevent communication gaps and engage prospects.

Founded by experienced Swedish entrepreneurs!

Headquartered in San Francisco, this company was founded in 2015 by four experienced Swedish entrepreneurs – Samir Smajic, Mathias Thulin, Jonas Blanck and Carl Carell. With the team of 80 people, the company operates in the US, Sweden, United Kingdom, France, Norway and Denmark.

Uses machine learning and AI!

Using the latest in machine learning and AI, this platform analyses thousands of deals every day to provide sales teams with personalized advice to close deals.

“I’ve been fortunate to work for and advise some of the fastest-growing SaaS companies in history — and I know a winner when I see one,” said Bill Macaitis. “Anyone who has ever fought through a long deal cycle knows how painful it is to get through to the finish line. GetAccept is fundamentally changing this process. I look forward to partnering with the GetAccept team and helping companies all over the world improve their close rates.”

Tripled revenue in 2018!

Last year, the company tripled its revenue and added high profile customers including Samsung, Stanley and Siemens. Furthermore, GetAccept also expanded its global footprint across the US and EMEA including Norway, Denmark and France.

Thomas Rubens, Partner at DN Capital, said:

Getting a deal to the point of the contract has become increasingly difficult because buyers now get most of their information online. GetAccept honed in on this growing issue early on and built a best-in-class platform for managing document workflow and engagement across the entire sales cycle. We are thrilled to have the company join our portfolio and to play a part in furthering its growth and success.

Accolades!

It’s worth mentioning that, GetAccept was also featured as a leader by G2 Crowd in four categories (sales enablement, e-signature, contract management and proposal tools) and two on Gartner Peer Insights (e-signature and digital content management for sales) this past year.

Gia-Thi Nguyen, Head of Operational Excellence, Siemens Digital Industries, said: 

GetAccept gives our sales reps the tools to build and nurture relationships beyond and on top of our traditional CRM, making it a strong complementary solution to drive engagement. They are an emerging player with the scale to provide value at the enterprise level.

Stay tuned to Silicon Canals for more updates in the tech startup world.

French deep tech AI scaleup METRON raises €10M funding, aims to expand globally now

Leave a Reply

*