Document and signature forgery is a massive problem. While it is very easy to manipulate documents, forge a signature or buy fake credentials online, verifying the authenticity of any piece of information is quite cumbersome and time-consuming. Certifaction is out to address the massive problem. The startup is introducing a new approach for certifying documents. Compared to other e-signing solutions, the signing process happens locally and no sensitive or confidential information is uploaded to the cloud. Users with a Certifaction-secured document can verify its authenticity and integrity instantly.
From credit reports and academic credentials to medical documents and financial prospectuses, Certifaction provides organisations with an easy-to-setup SaaS solution which can sign millions of documents. The solution is backed by blockchain technology.
The startup has today announced the completion of its pre-seed financing round led by the Swiss seed fund Wingman Ventures with participation from London-based Seedcamp and Berlin-based Angel Invest Ventures. The new capital will flow into expanding marketing and sales activities.
“We are delighted to welcome Wingman Ventures, Seedcamp and Angel Invest Ventures on board as we look to accelerate our growth. The capital, knowledge and network our investors bring to Certifaction enables us to excel.” says co-founder and CEO Benoit Henry. “In the COVID-19 context, a growing portion of workflows are sure to become digital and we are well-positioned to support companies with such endeavours”.
“We’re excited to lead the round for Certifaction. We have been impressed by what the experienced founder team has accomplished in such a short period of time. We look forward to supporting their vision to provide the global backbone for document verification and help companies in a multitude of industries in streamlining their business processes.” said Alex Stöckl of Wingman Ventures who will join the board of directors of the company.