Notaroo Investor Newsletter June 2020 Recap (Angels)

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Notaroo Stakeholder Update

We are excited to bring you another update and share Notaroo's progress with you.  As always, we thank you for your continued support! 

Notaroo's Scorecard to date:

  • February 2019, venture was conceived;
  • March 2019, first development design sprint;
  • May 2019, MVP and incorporations completed;
  • March 2020, crossed $10,000 in monthly revenue;
  • April 2020, began integration partnership discussions with Salesforce and ResWare users;
  • May 2020, crossed $38,000 in monthly gross revenue; and
  • June 2020, crossed $47,500 in monthly gross revenue.
June Bullets:
  • Revenue: Notaroo has achieved 23% MoM growth over the last 3 months.
  • Team:  We are pleased to welcome Paul Yates as Notaroo's product development advisor.  linkedin.com/in/paulgyates
  • Products:  Notaroo develops capability to seamlessly integrate with Salesforce. 
  • Partners:  Notaroo executes partnership with title production software market leader, ResWare.

Seed Round:

Notaroo is thrilled with the early interest shown by the investment community. There is still opportunity for new partners to come onboard. Interested? Contact us for details.

Recent Movement in the Space:

  • Last week DocuSign announced it had acquired online notarization company, Liveoak Technologies for ~ $38 million.  (TechCrunch)
  • Earlier this year Notarize raised $35M in a Series C round.  (Crunchbase)
Happy to answer any questions you might have. Thanks again for your support!

Todd Ausherman
CEO
todd@getnotaroo.com
Website
LinkedIn
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