Notarize provides an online notarization service and real estate closing platform. It connects clients (individuals and businesses) with notary agents via live video calls to sign and complete the notarization process remotely. In June 2023, the company launched a digital identity verification platform, Proof , which offers verification identity using biometric tech auditable identification with cryptographic evidence to issue digital certificates.
Meanwhile, the real estate closing platform allows relevant parties to electronically review, sign, and notarize documents remotely. The platform can support different types of closings, cash payments, mortgages, refinancing, or direct buying by startups. Users only need to upload the documents, and the platform will prepare everything for the relevant parties to sign electronically. Many digital title and escrow providers have partnered with Notarize to provide online notarization services.
The price for a single real estate closing is USD 150 per session. Title agents can also opt for monthly subscription fees, ranging from USD 249 per month to USD 499.
Funding and financials
In March 2021, Notarize raised USD 130 million in a Series D funding round led by Canapi Ventures. This brings Notrarize’s total funding up to USD 213 million.
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