Documo Raises $24M In Series B Financing

Documo, a Wilmington, NC-based digital document transmission solutions for platform provider, raised $24M in Series B funding.

The round was led by Radian Capital Partners.

The company intends to use the funds to continue growing their team, broaden their suite of document workflow products, and accelerate expansion into new markets.

Led by CEO Matt Valeo, Documo designs paperless document technologies that help organizations solve every aspect of document workflow. The suite currently includes mFax, an online fax platform, as well as mSign for digital signatures, and mDrive for secure online storage. Founded in 2015, Documo has over 40 employees today and a goal of doubling headcount again in 2022.

FInSMEs

15/02/2022