E-Sign is an advanced electronic signature service which provides secure, encrypted document storage facilities for users with a full audit trail and signatory validation. E-Sign also incorporates the use of global ID databases to verify a document signer, if required.
The product is targeted at any user for which it is important to secure value to an organisation’s operations. For instance it can secure a document for work, income, compliance, a tenancy or a sale, by providing a legally binding, evidenced and secure signature tied to the documents and always available for reference.
After a successful round of funding last year, E-Sign is now a fully market ready, competitive advanced electronic signature, and secure document management platform.
The business fended off competition from 75 other companies at this year’s Venturefest to pitch its product in the final on 22nd September, eventually going on to come runners up overall.
E-Sign is now going to market on a global scale and is creating a robust customer service infrastructure to facilitate this expansion – and is seeking £76,000 investment for 5% equity in the business. In addition to the new infrastructure, the funds will be used to embark upon an aggressive marketing and sales campaign.
The company hasn’t initiated any marketing or sales drive yet, and growth to date has been mostly organic. Current revenue streams are from clients signing up and purchasing credits from their website, and the company recently began generating revenue from a new plug-in.
The business expects to generate significant revenue streams from the newly released Apple and Android apps, as well as from UK Government tenders which E-sign are now eligible to compete for. It will do this with the assistance of specialist digital marketing advisors sales professionals and UKTI.
The new marketing strategy will focus on placing E-Sign into organisations where the signature and the document it is attached to matter, which is essentially anywhere where a signature adds value.
‘If it matters that the document is signed then E-Sign is the safest way to sign.’
The business is offering ‘A’ Class shares for investments of more than £5,000, and ‘B’ Class non-voting shares for investments below £5,000. Investors should refer to the Board Resolution document for further details.
“E-Sign is a fantastic tool. It’s very easy to use, and allows us to send documents to suppliers all around the world and receive their signature back within minutes. This is very important given the work we do at DFID; we are often required to run rapid response procurements when natural disasters strike the developing world.
“As a Government department, DFID is required to ensure that all cloud-based tools meet the highest security standards. Tom and his team have gone above and beyond in providing us with all their relevant security details, and we have received first-class support from E-Sign; Tom has given demonstrations of how the tool works to our staff as well as timely responses to any communication we have sent.
“I would certainly give E-Sign my highest recommendation. It’s an extremely secure platform on which to distribute contracts of high value, giving us peace of mind that our documents are safe and not being tampered with, and saves us time and money. Thanks again Tom!”
Procurement and Commercial Manager
Department for International Development