OneNotary, a U.S. online notary platform founded by a Ukrainian team, has raised $1.75 million in venture capital funding. The main investors are: TMT Investments, Adventures Lab VC, Digital Future VC, U.Ventures, GoodPaper Venture.
The company is going to to use the raised capital to improve its business solution, fraud threat detection system, and accelerate the process of preparing documents using AI. Also, investments will be directed to the implementation of an effective marketing strategy, the task of which is to expand the potential of the market.
The OneNotary team is actively working to make online document notarization the standard for the US market. The ambitious plans include the conquest of the international market.
The company’s evaluation and its share that has been sold to investors are kept secret, but usually, a startup sells 10-15% per round.