Estonia-based electronic signature company eID Easy has raised 300.000 euro in a pre-seed round with angel investors from Belgium, Luxembourg, Italy, Estonia and Portugal. Also participating in the round were Gorilla Capital from Finland and Startup Wise Guys, Europe’s top B2B startup accelerator. One of the most significant investments was made by Infocert, the biggest pan-european Qualified Trust Service Provider.
eID Easy is looking to accelerate the adoption of Qualified Electronic Signatures (QES) by making it easier for websites to implement the variety of methods which currently exist in Europe and beyond.
The adoption of electronic signatures is growing, and the Covid-19 pandemic has seen that pace accelerate as companies rush to adapt to work from home and conduct businesses remotely.
“We invested in eID Easy because we want to play a strategic role in the growth of the company and make the adoption of digital signature certificates as easy as possible. eID easy team is very experienced, fast and hungry. With our help, eID Easy will be able to quickly integrate the majority of existing European identification schemas, allowing developers to seamless access signature capabilities” Carmine Auletta, Chief Innovation Officer of Infocert said.
Over the past year, eID Easy has seen tremendous growth as more companies want to implement Qualified Electronic Signature methods on their websites and workflows
“eID Easy Is going to turn the electronic signature market upside down. Many people are not sure whether to laugh or to cry if they sign important documents by clicking on a link in the email. However we understand the pain of businesses as well, it’s still overly complex and expensive to integrate proper qualified electronic signatures into the workflows. Not to worry, with this investment and eID Easy unique value offering, every business in Europe can request QES from their users very easily very soon. I predict that in 5 years by 2026 the majority of signatures in Europe will be qualified.” commented Margus Pala, CEO of eID Easy
The funds will be used to accelerate the expansion of the methods added to their API.
“I decided to invest in eID Easy because here in Estonia we’ve been living in the future and want the whole world to catch up when it comes to electronic signatures” Pritt Potter, one of the investors said.
If you are looking for an easy way to implement qualified electronic signatures to your website, get in touch with us!