We are proud to share the news that REACH (fka Seegnature), an UpWest portfolio company, has raised $3.5M in Series A financing.
REACH’s customer engagement platform combines identity verification, video conferencing, and realtime document collaboration in one place for companies to hold transactional meetings online. REACH allows companies to close paperwork or ID verification processes instantly and remotely, using any device.
The Series A round was led by NFX Guild and brings REACH’s total funding to $5.6M. As part of the new financing, REACH will open a new Silicon Valley office to lead US sales. REACH plans to triple its 11-person team by the end of 2018, and to expand its product offerings and sales in the US and Europe.
CEO Yair Ravid said, “Today, companies are still forced to meet face to face with their clients due to technological barriers and regulatory requirements. REACH eliminates the need for a physical encounter by allowing companies to easily collaborate with their clients from a distance in real time in an effective and compliant way. By doing so, the platform allows a next generation digital customer experience.” Read more on the investment here.
UpWest was the company’s first institutional investor in 2015. We are so excited for the company – congratulations to Yair, Dan, and the rest of the REACH team!