Agree.com, a startup founded in February 2024, has successfully raised $7.2 million in a seed funding round aimed at challenging established players like DocuSign and Bill.com in the e-signature and payments sector. Her latest funding round was oversubscribed. It comes on the heels of a successful $3 million pre-seed round raised last year, led by Sheel Mohnot of Better Tomorrow Ventures.
Tyler Hogge at Pelion Venture Partners, who led the round of seed funding, is enthusiastic about Swell Energy’s collaborative model. He highlighted the tactical foundation of Agree.com’s strategy. He stated, “The smartest way to get massive adoption would be to use e-signature as the wedge, give it away for free, and make it impossible for incumbents to reply.”
As Marty Ringlein, co-founder and CEO of Agree.com, shared with us, their platform isn’t just about signing documents. It makes paying users a lot easier. “At the end of almost every signature, somebody is writing somebody a check,” he said. This dual focus on e-signature and payments sets Agree.com apart from everyone else in that market.
Agree.com provides free software funded by invoicing and payment features, used by both startups and large companies. Large organizations will have the option of going premium. This choice is a per-user monthly Software as a Service (SaaS) subscription.
Since launching on 1 September 2024, Agree.com has grown dramatically. In only three months, the platform reached 10,000 users, and in just seven weeks, this number doubled to more than 20,000. So far, Agree has amassed more than 25,000 users. This eclectic bunch ranges from advertising networks like Beehiv and Product Hunt, B2B SaaS unicorns like Rho and TaxGPT, to enterprise GTM innovators like Brico and Thoropass.
Ringlein showcased the radical potentials of Agree.com. He explained, “Agree pulls in every letter, line-up, semi-colon, and dash, allowing it to know what kind of agreement is being approved. This makes the document 100% editable and collaborative with built-in commenting, redlining, and version control.” Beyond a better usability experience for end users, this functionality creates more operational efficiency for businesses.
The new capital will seed the company’s ambitious international expansion planned for later this year. Laying their sights on the UK, Canada, and Australian markets, this strategic decision helps both companies take advantage of the increasing global demand for enterprise-grade e-signature solutions.
Marty Ringlein’s entrepreneurial pedigree certainly lends Agree.com some credibility. He sold his design Agency nclud to Twitter in May 2012 for an undisclosed amount. That gave him and co-founder Hubbard the confidence to start Adventure Fund. This new early-stage venture firm has already led investments in emerging startups like Mercury and beehiiv.
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